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ARMP Quote, Financials, Valuation and Earnings

Last price:
$1.95
Seasonality move :
4.56%
Day range:
$1.91 - $1.99
52-week range:
$0.90 - $3.42
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
805.81x
P/B ratio:
--
Volume:
9.7K
Avg. volume:
59.1K
1-year change:
-24.22%
Market cap:
$70.6M
Revenue:
--
EPS (TTM):
-$0.83
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $14.4M $20M $35M $33.8M $34.4M
Selling, General & Admin $8M $8.3M $7.4M $11.6M $13.2M
Other Inc / (Exp) $6K $726K -- -$25.7M $33.6M
Operating Expenses $21.6M $23.8M $36.9M $40.9M $42.4M
Operating Income -$21.6M -$23.8M -$36.9M -$40.9M -$42.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$22.2M -$23.2M -$36.9M -$69M -$18.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$22.2M -$23.2M -$36.9M -$69M -$18.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$22.2M -$23.2M -$36.9M -$69M -$18.9M
 
Basic EPS (Cont. Ops) -$1.35 -$0.96 -$1.08 -$1.91 -$0.52
Diluted EPS (Cont. Ops) -$1.35 -$0.96 -$1.08 -$1.91 -$0.89
Weighted Average Basic Share $16.4M $24.1M $34.3M $36.1M $36.2M
Weighted Average Diluted Share $16.4M $24.1M $34.3M $36.1M $59.1M
 
EBITDA -$20.4M -$21.9M -$36M -$65.4M -$6.8M
EBIT -$21.6M -$23.1M -$36.9M -$66.4M -$8.2M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$21.6M -$23.8M -$36.9M -$40.9M -$42.4M
Operating Income (Adjusted) -$21.6M -$23.1M -$36.9M -$66.4M -$8.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $4.4M $8M $9.6M $8M $5.4M
Selling, General & Admin $2.2M $2M $2.5M $3.2M $3.3M
Other Inc / (Exp) -- -- -$3.2M -$13M $5.2M
Operating Expenses $5.4M $8.8M $11.3M $10.2M $8.2M
Operating Income -$5.4M -$8.8M -$11.3M -$10.2M -$8.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$5.5M -$8.8M -$14.5M -$25M -$6.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$5.5M -$8.8M -$14.5M -$25M -$6.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$5.5M -$8.8M -$14.5M -$25M -$6.5M
 
Basic EPS (Cont. Ops) -$0.27 -$0.30 -$0.40 -$0.69 -$0.18
Diluted EPS (Cont. Ops) -$0.27 -$0.30 -$0.40 -$0.69 -$0.20
Weighted Average Basic Share $20.5M $29M $36M $36.1M $36.2M
Weighted Average Diluted Share $20.5M $29M $36M $36.1M $59.5M
 
EBITDA -$5.2M -$8.5M -$14.3M -$22.9M -$2.6M
EBIT -$5.4M -$8.8M -$14.5M -$23.2M -$2.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$5.4M -$8.8M -$11.3M -$10.2M -$8.2M
Operating Income (Adjusted) -$5.4M -$8.8M -$14.5M -$23.2M -$2.9M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $16M $23.7M $36.6M $32.2M $31.8M
Selling, General & Admin $7.9M $8.1M $8M $12.3M $13.3M
Other Inc / (Exp) -- $726K -$3.2M -$35.6M $51.8M
Operating Expenses $22.1M $27.2M $39.5M $39.8M $40.4M
Operating Income -$22.1M -$27.2M -$39.5M -$39.8M -$40.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$22.6M -$26.4M -$42.6M -$79.6M -$426K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$22.6M -$26.4M -$42.6M -$79.6M -$426K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$22.6M -$26.4M -$42.6M -$79.6M -$426K
 
Basic EPS (Cont. Ops) -$1.20 -$1.00 -$1.19 -$2.20 -$0.01
Diluted EPS (Cont. Ops) -$1.20 -$1.00 -$1.19 -$2.27 -$0.83
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$21M -$25.3M -$41.7M -$74.1M $13.5M
EBIT -$22.1M -$26.4M -$42.6M -$75.1M $12.1M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$22.1M -$27.2M -$39.5M -$39.8M -$40.4M
Operating Income (Adjusted) -$22.1M -$26.4M -$42.6M -$75.1M $12.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $4.4M $8M $9.6M $8M $5.4M
Selling, General & Admin $2.2M $2M $2.5M $3.2M $3.3M
Other Inc / (Exp) -- -- -$3.2M -$13M $5.2M
Operating Expenses $5.4M $8.8M $11.3M $10.2M $8.2M
Operating Income -$5.4M -$8.8M -$11.3M -$10.2M -$8.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$5.5M -$8.8M -$14.5M -$25M -$6.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$5.5M -$8.8M -$14.5M -$25M -$6.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$5.5M -$8.8M -$14.5M -$25M -$6.5M
 
Basic EPS (Cont. Ops) -$0.27 -$0.30 -$0.40 -$0.69 -$0.18
Diluted EPS (Cont. Ops) -$0.27 -$0.30 -$0.40 -$0.69 -$0.20
Weighted Average Basic Share $20.5M $29M $36M $36.1M $36.2M
Weighted Average Diluted Share $20.5M $29M $36M $36.1M $59.5M
 
EBITDA -$5.2M -$8.5M -$14.3M -$22.9M -$2.6M
EBIT -$5.4M -$8.8M -$14.5M -$23.2M -$2.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$5.4M -$8.8M -$11.3M -$10.2M -$8.2M
Operating Income (Adjusted) -$5.4M -$8.8M -$14.5M -$23.2M -$2.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $9.6M $10.3M $14.9M $13.5M $9.3M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $636K -- -- -- --
Other Current Assets -- $1.7M $3.7M $2.3M $1.3M
Total Current Assets $10.8M $15M $27M $19.2M $11.3M
 
Property Plant And Equipment $12.8M $38.1M $46.7M $57.3M $54.9M
Long-Term Investments -- -- -- -- --
Goodwill $3.5M $3.5M $3.5M $3.5M $3.5M
Other Intangibles $10.3M $10.3M $10.3M $10.3M $10.3M
Other Long-Term Assets $2.1M $3M $8.4M $8.2M $6.5M
Total Assets $39.5M $69.8M $95.8M $98.4M $86.4M
 
Accounts Payable $956K $1.1M $1.7M $1.6M $766K
Accrued Expenses $973K $1.1M $4.4M $4.1M $1.3M
Current Portion Of Long-Term Debt -- -- -- -- $39M
Current Portion Of Capital Lease Obligations $1.6M $1.5M $17M $9.5M $4.4M
Other Current Liabilities -- -- -- $523K $529K
Total Current Liabilities $6.7M $4.8M $24.9M $16.5M $48.2M
 
Long-Term Debt -- -- -- $82.3M $55.4M
Capital Leases -- -- -- -- --
Total Liabilities $20.7M $44.4M $59.8M $130.4M $134.5M
 
Common Stock $187K $271K $361K $361K $362K
Other Common Equity Adj -- -- -- -- --
Common Equity $18.9M $25.4M $36.1M -$32.1M -$48M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $18.9M $25.4M $36.1M -$32.1M -$48M
 
Total Liabilities and Equity $39.5M $69.8M $95.8M $98.4M $86.4M
Cash and Short Terms $9.6M $10.3M $14.9M $13.5M $9.3M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $22.5M $46.4M $25.1M $37.9M $11.7M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $459K $1.1M -- -- --
Other Current Assets -- -- $12.2M $2.1M $1.2M
Total Current Assets $24M $48.7M $38.6M $41.7M $13.2M
 
Property Plant And Equipment $12.8M $37.7M $48.3M $56.9M $54M
Long-Term Investments -- -- -- -- --
Goodwill $3.5M $3.5M $3.5M $3.5M $3.5M
Other Intangibles $10.3M $10.3M $10.3M $10.3M $10.3M
Other Long-Term Assets $2.2M $7.7M $8.2M $8M $6.4M
Total Assets $52.8M $107.8M $108.8M $120.4M $87.3M
 
Accounts Payable -- -- -- $2.1M $981K
Accrued Expenses -- -- -- $2.6M $633K
Current Portion Of Long-Term Debt -- -- $32.4M $96.7M $102.8M
Current Portion Of Capital Lease Obligations $1.6M $1.5M $13.1M $7.5M $4.5M
Other Current Liabilities -- -- -- $322K $337K
Total Current Liabilities $5M $6.2M $51.4M $110M $110.5M
 
Long-Term Debt -- -- -- $35.4M --
Capital Leases -- -- -- -- --
Total Liabilities $18.8M $46.2M $86.3M $176.9M $141M
 
Common Stock $249K $361K $361K $361K $362K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $34M $61.5M $22.4M -$56.5M -$53.8M
 
Total Liabilities and Equity $52.8M $107.8M $108.8M $120.4M $87.3M
Cash and Short Terms $22.5M $46.4M $25.1M $37.9M $11.7M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$22.2M -$23.2M -$36.9M -$69M -$18.9M
Depreciation & Amoritzation $1.1M $1.2M $892K $972K $1.3M
Stock-Based Compensation $3.5M $2.9M $3.1M $938K $2.9M
Change in Accounts Receivable -$467K -$2.4M -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$18.3M -$23.6M -$32.5M -$47.4M -$37.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$824K -$1.3M -$2.2M -$8.1M -$1.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $717K -- -- $54M $34.9M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$568K -$1.4M -$500K -$43K -$61K
Cash From Financing $23.2M $25.5M $44M $54M $35M
 
Beginning Cash (CF) $6.7M $10.8M $11.5M $20.8M $19.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $4.1M $639K $9.3M -$1.6M -$4.5M
Ending Cash (CF) $10.8M $11.5M $20.8M $19.2M $14.8M
 
Levered Free Cash Flow -$19.1M -$24.9M -$34.7M -$55.6M -$39.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$5.5M -$8.8M -$14.5M -$25M -$6.5M
Depreciation & Amoritzation $281K $226K $230K $317K $377K
Stock-Based Compensation $842K $493K $857K $534K $781K
Change in Accounts Receivable -$564K $1.8M -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$5.5M -$3.5M -$17.6M -$10.6M -$7.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$298K -$236K -$2M -$250K -$99K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $29.6M $34.9M $10M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1.4M -- -- -- -$14K
Cash From Financing $18.6M $44.6M $29.6M $34.9M $10M
 
Beginning Cash (CF) $10.8M $11.5M $20.8M $19.2M $14.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $12.8M $40.9M $10M $24.1M $2.3M
Ending Cash (CF) $23.7M $52.4M $30.8M $43.3M $17.1M
 
Levered Free Cash Flow -$5.8M -$3.8M -$19.6M -$10.8M -$7.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$22.6M -$26.4M -$42.6M -$79.6M -$426K
Depreciation & Amoritzation $1.1M $1.1M $896K $1.1M $1.4M
Stock-Based Compensation $3.3M $2.5M $3.5M $615K $3.1M
Change in Accounts Receivable -$31K -$111K -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$19.5M -$21.6M -$46.5M -$40.4M -$34.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1M -$1.2M -$4M -$6.4M -$1.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $29.6M $59.3M $10M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$982K -- -- -- --
Cash From Financing $19.4M $51.6M $29M $59.3M $10M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$1.2M $28.7M -$21.5M $12.5M -$26.3M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$20.5M -$22.9M -$50.5M -$46.8M -$36.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$5.5M -$8.8M -$14.5M -$25M -$6.5M
Depreciation & Amoritzation $281K $226K $230K $317K $377K
Stock-Based Compensation $842K $493K $857K $534K $781K
Change in Accounts Receivable -$564K $1.8M -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$5.5M -$3.5M -$17.6M -$10.6M -$7.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$298K -$236K -$2M -$250K -$99K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $29.6M $34.9M $10M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1.4M -- -- -- -$14K
Cash From Financing $18.6M $44.6M $29.6M $34.9M $10M
 
Beginning Cash (CF) $10.8M $11.5M $20.8M $19.2M $14.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $12.8M $40.9M $10M $24.1M $2.3M
Ending Cash (CF) $23.7M $52.4M $30.8M $43.3M $17.1M
 
Levered Free Cash Flow -$5.8M -$3.8M -$19.6M -$10.8M -$7.7M

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