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EQ Quote, Financials, Valuation and Earnings

Last price:
$0.58
Seasonality move :
35.05%
Day range:
$0.60 - $0.65
52-week range:
$0.56 - $3.25
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.50x
P/B ratio:
0.99x
Volume:
108.7K
Avg. volume:
130.2K
1-year change:
-1.7%
Market cap:
$22.9M
Revenue:
$36.1M
EPS (TTM):
-$0.14
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- -- -- $15.8M $36.1M
Revenue Growth (YoY) -- -- -- -- 128.97%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $17.6M $19.4M $26.4M $37.5M $37M
Selling, General & Admin $9.1M $10.2M $11.4M $17.2M $13.6M
Other Inc / (Exp) $15K $358K -$250K -$22.8M -$76K
Operating Expenses $26.7M $29.5M $37.8M $54.8M $50.6M
Operating Income -$26.7M -$29.5M -$37.8M -$39M -$14.5M
 
Net Interest Expenses -- -- -- $633K --
EBT. Incl. Unusual Items -$25.6M -$29.8M -$39.1M -$62.4M -$12.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $580K
Net Income to Company -$25.6M -$29.8M -$39.1M -$62.4M -$13.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$25.6M -$29.8M -$39.1M -$62.4M -$13.3M
 
Basic EPS (Cont. Ops) -$1.47 -$1.46 -$1.36 -$1.85 -$0.38
Diluted EPS (Cont. Ops) -$1.47 -$1.46 -$1.36 -$1.85 -$0.38
Weighted Average Basic Share $17.4M $20.4M $28.8M $33.7M $34.7M
Weighted Average Diluted Share $17.4M $20.4M $28.8M $33.7M $34.7M
 
EBITDA -$25.3M -$28.7M -$37.9M -$61.3M -$12.1M
EBIT -$25.3M -$28.7M -$38M -$61.4M -$12.3M
 
Revenue (Reported) -- -- -- $15.8M $36.1M
Operating Income (Reported) -$26.7M -$29.5M -$37.8M -$39M -$14.5M
Operating Income (Adjusted) -$25.3M -$28.7M -$38M -$61.4M -$12.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- $8.9M $12.2M
Revenue Growth (YoY) -- -- -- -- 37.1%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $4.2M $7M $8.8M $9M $9.6M
Selling, General & Admin $2.3M $2.9M $4.5M $3.5M $3.3M
Other Inc / (Exp) $114K -$163K -$281K -$142K $341K
Operating Expenses $6.5M $9.9M $13.2M $12.5M $12.8M
Operating Income -$6.5M -$9.9M -$13.2M -$3.6M -$679K
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$6.6M -$10.3M -$13.7M -$3.2M -$7K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $496K --
Net Income to Company -$6.6M -$10.3M -$13.7M -$3.7M -$7K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$6.6M -$10.3M -$13.7M -$3.7M -$7K
 
Basic EPS (Cont. Ops) -$0.31 -$0.35 -$0.40 -$0.11 -$0.00
Diluted EPS (Cont. Ops) -$0.31 -$0.35 -$0.40 -$0.11 -$0.00
Weighted Average Basic Share $21.4M $29.4M $34.4M $34.9M $35.4M
Weighted Average Diluted Share $21.4M $29.4M $34.4M $34.9M $35.4M
 
EBITDA -$6.3M -$10M -$13.4M -$3.2M $28K
EBIT -$6.3M -$10M -$13.4M -$3.2M -$7K
 
Revenue (Reported) -- -- -- $8.9M $12.2M
Operating Income (Reported) -$6.5M -$9.9M -$13.2M -$3.6M -$679K
Operating Income (Adjusted) -$6.3M -$10M -$13.4M -$3.2M -$7K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- $42.6M $45.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $18.3M $25.4M $36.6M $36.4M $39.3M
Selling, General & Admin $9.9M $11M $14.9M $15.5M $13.4M
Other Inc / (Exp) $115K $3K -$23.5M $368K $513K
Operating Expenses $28.2M $36.4M $51.5M $51.9M $52.7M
Operating Income -$28.2M -$36.4M -$51.5M -$9.3M -$6.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$28.5M -$37.3M -$75.8M -$7.7M -$4.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $564K $16K
Net Income to Company -$28.5M -$37.3M -$75.8M -$8.2M -$4.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$28.5M -$37.3M -$75.8M -$8.2M -$4.6M
 
Basic EPS (Cont. Ops) -$1.57 -$1.35 -$2.34 -$0.24 -$0.14
Diluted EPS (Cont. Ops) -$1.57 -$1.35 -$2.34 -$0.24 -$0.14
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$27.3M -$36.2M -$74.7M -$6.8M -$4.5M
EBIT -$27.4M -$36.3M -$74.8M -$6.9M -$4.6M
 
Revenue (Reported) -- -- -- $42.6M $45.9M
Operating Income (Reported) -$28.2M -$36.4M -$51.5M -$9.3M -$6.8M
Operating Income (Adjusted) -$27.4M -$36.3M -$74.8M -$6.9M -$4.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- $26.9M $36.7M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $12.8M $18.8M $29M $27.9M $30.1M
Selling, General & Admin $7.8M $8.6M $12M $10.3M $10.2M
Other Inc / (Exp) $83K -$272K -$23.6M -$433K $156K
Operating Expenses $20.6M $27.4M $41.1M $38.2M $40.3M
Operating Income -$20.6M -$27.4M -$41.1M -$11.3M -$3.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$20.9M -$28.4M -$65.2M -$10.4M -$2.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $564K --
Net Income to Company -$20.9M -$28.4M -$65.2M -$11M -$2.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$20.9M -$28.4M -$65.2M -$11M -$2.3M
 
Basic EPS (Cont. Ops) -$1.13 -$0.99 -$1.98 -$0.32 -$0.07
Diluted EPS (Cont. Ops) -$1.13 -$0.99 -$1.98 -$0.32 -$0.07
Weighted Average Basic Share $56.6M $85.8M $100.5M $103.7M $106M
Weighted Average Diluted Share $56.6M $85.8M $100.5M $103.7M $107.3M
 
EBITDA -$20M -$27.6M -$64.3M -$9.8M -$2.2M
EBIT -$20.1M -$27.6M -$64.4M -$9.9M -$2.3M
 
Revenue (Reported) -- -- -- $26.9M $36.7M
Operating Income (Reported) -$20.6M -$27.4M -$41.1M -$11.3M -$3.6M
Operating Income (Adjusted) -$20.1M -$27.6M -$64.4M -$9.9M -$2.3M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $13.2M $24M $50.4M $59.1M $23.2M
Short Term Investments $39.9M $58.2M $30.3M $11.9M $17.7M
Accounts Receivable, Net -- -- -- $2.8M $3.7M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- $1.6M $2M
Other Current Assets $2.3M $3M $2.7M $8K $235K
Total Current Assets $55.4M $85.2M $83.4M $76.7M $49.3M
 
Property Plant And Equipment $93K $239K $1.9M $1.6M $1.1M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $15K $15K $153K $104K $70K
Total Assets $55.5M $85.4M $85.4M $78.4M $50.5M
 
Accounts Payable $1.9M $2.8M $1.2M $4M $4.7M
Accrued Expenses $2M $2.8M $5.9M $7.2M $6.7M
Current Portion Of Long-Term Debt -- $1.7M $1.4M $5.7M --
Current Portion Of Capital Lease Obligations -- -- $376K $408K $440K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $3.9M $7.2M $8.9M $32M $27.6M
 
Long-Term Debt $9.7M $8.3M $8.8M $3.2M --
Capital Leases -- -- -- -- --
Total Liabilities $13.7M $15.6M $18.9M $46.5M $28M
 
Common Stock $1K $2K $2K $3K $3K
Other Common Equity Adj $21K -$297K -$138K $76K $140K
Common Equity $41.8M $69.9M $66.5M $31.9M $22.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $41.8M $69.9M $66.5M $31.9M $22.6M
 
Total Liabilities and Equity $55.5M $85.4M $85.4M $78.4M $50.5M
Cash and Short Terms $53.1M $82.2M $80.7M $71M $40.9M
Total Debt -- -- -- $9M --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $49.2M $77.2M $25.7M $34.4M $15.4M
Short Term Investments $41.3M $13.5M $18.8M $11.9M $10.4M
Accounts Receivable, Net -- -- -- $3.8M --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- $1.2M
Other Current Assets $1.6M $1.5M $2.3M $3.8M $390K
Total Current Assets $92.2M $92.2M $46.8M $53.9M $33.6M
 
Property Plant And Equipment $225K $243K $1.7M $1.2M $766K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $57K $113K $79K $45K
Total Assets $92.4M $92.5M $48.6M $55.2M $34.5M
 
Accounts Payable $1.7M $2.7M $2.5M $3.6M $3.7M
Accrued Expenses $2.6M $3.9M $6.3M $7.7M $5M
Current Portion Of Long-Term Debt $833K $1.3M $5.7M -- --
Current Portion Of Capital Lease Obligations -- -- $421K $428K $274K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $5.1M $7.8M $14.9M $28.2M $11.1M
 
Long-Term Debt $9M $8.9M $4.6M -- --
Capital Leases -- -- -- -- --
Total Liabilities $14.3M $16.7M $20.5M $31.1M $11.3M
 
Common Stock $2K $2K $3K $3K $3K
Other Common Equity Adj -$30K -$66K $193K $458K -$3K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $78.1M $75.8M $28.2M $24.1M $23.2M
 
Total Liabilities and Equity $92.4M $92.5M $48.6M $55.2M $34.5M
Cash and Short Terms $90.5M $90.7M $44.5M $46.3M $25.9M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$25.6M -$29.8M -$39.1M -$62.4M -$13.3M
Depreciation & Amoritzation $23K $45K $72K $118K $126K
Stock-Based Compensation $2.3M $3.8M $4.4M $4.8M $4M
Change in Accounts Receivable -- -- -- -$2.8M -$897K
Change in Inventories -- -- -- -- --
Cash From Operations -$22.9M -$24.6M -$32.1M -$8.7M -$21.8M
 
Capital Expenditures -- -- -- $279K $50K
Cash Acquisitions -- -- -- $700K --
Cash From Investing -$2.2M -$18.6M $27.4M $18.7M -$4.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $9.9M -- -- -- --
Long-Term Debt Repaid -- -- -- -$1.4M -$9.1M
Repurchase of Common Stock -$156K -- -- -- -$260K
Other Financing Activities -- -- -- -- --
Cash From Financing $9.8M $53.9M $31.1M -$1.2M -$9.2M
 
Beginning Cash (CF) $28.5M $13.2M $24M $50.4M $59.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$15.3M $10.7M $26.4M $8.7M -$35.8M
Ending Cash (CF) $13.2M $24M $50.4M $59.1M $23.2M
 
Levered Free Cash Flow -$23M -$24.8M -$32.1M -$9M -$21.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$6.6M -$10.3M -$13.7M -$3.7M -$7K
Depreciation & Amoritzation $13K $19K $30K $31K $35K
Stock-Based Compensation $847K $1.2M $1.2M $979K $1M
Change in Accounts Receivable -- -- -- -$26K $885K
Change in Inventories -- -- -- -- --
Cash From Operations -$4.9M -$7M -$13.1M -$1.9M -$7.7M
 
Capital Expenditures -- -- -- $15K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$23M $10.5M $15M $11M $12M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -$260K --
Other Financing Activities -- -- -- -- --
Cash From Financing $53.1M $174K -- -$260K --
 
Beginning Cash (CF) $24.1M $73.5M $23.8M $25.6M $11.1M
Foreign Exchange Rate Adjustment $40K -$2K -$14K -$58K $48K
Additions / Reductions $25.1M $3.6M $1.9M $8.8M $4.3M
Ending Cash (CF) $49.2M $77.2M $25.7M $34.4M $15.4M
 
Levered Free Cash Flow -$5.1M -$7M -$13.1M -$1.9M -$7.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$28.5M -$37.3M -$75.8M -$8.2M -$4.6M
Depreciation & Amoritzation $34K $70K $105K $125K $135K
Stock-Based Compensation $3.6M $4.1M $4.9M $4M $4M
Change in Accounts Receivable -- -- -- -$3.8M -$1.2M
Change in Inventories -- -- -- -- --
Cash From Operations -$25.4M -$30.2M -$46.6M $11.6M -$21.4M
 
Capital Expenditures -- -- -- $17K $116K
Cash Acquisitions -- -- $700K -- --
Cash From Investing -$6.9M $27.3M -$5.2M $7.8M $2.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -$10.6M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $53.8M $30.8M $366K -$10.7M $170K
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $21.5M $27.9M -$51.4M $8.7M -$19M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$25.6M -$30.3M -$46.9M $11.6M -$21.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$20.9M -$28.4M -$65.2M -$11M -$2.3M
Depreciation & Amoritzation $28K $53K $86K $93K $102K
Stock-Based Compensation $3M $3.3M $3.8M $3M $2.9M
Change in Accounts Receivable -- -- -- -$931K -$1.3M
Change in Inventories -- -- -- -- --
Cash From Operations -$16.4M -$21.9M -$36.5M -$16.1M -$15.7M
 
Capital Expenditures -- -- -- $15K $81K
Cash Acquisitions -- -- $700K -- --
Cash From Investing -$1.6M $44.3M $11.7M $804K $7.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -$9.1M --
Repurchase of Common Stock -- -- -- -$260K --
Other Financing Activities -- -- -- -- --
Cash From Financing $53.9M $30.8M $141K -$9.3M $91K
 
Beginning Cash (CF) $57.9M $148.4M $100.4M $109.2M $45.8M
Foreign Exchange Rate Adjustment $23K -$10K -$26K -$103K $50K
Additions / Reductions $36M $53.2M -$24.6M -$24.6M -$7.8M
Ending Cash (CF) $93.9M $201.5M $75.8M $84.5M $38.1M
 
Levered Free Cash Flow -$16.5M -$22M -$36.7M -$16.1M -$15.8M

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