(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $13.36 | $19.16 | $22.43 | $29.39 |
Short term investments | $54.2 | $61.62 | $63.87 | $67.08 |
Net receivables | $35.5 | $24.55 | $22.18 | $25.24 |
Inventory | $59.37 | $63.95 | $40.61 | $36.61 |
Total current assets | $144.44 | $150.94 | $150.94 | $162.22 |
Long term investments | ||||
Property, plant & equipment | $19.35 | $20.28 | $22.52 | $23.14 |
Goodwill & intangible assets | $1.32 | $1.32 | $1.32 | $1.32 |
Total noncurrent assets | $53.31 | $54.91 | $47.92 | $47.12 |
Total investments | $54.2 | $61.62 | $63.87 | $67.08 |
Total assets | $197.75 | $205.84 | $198.86 | $209.34 |
Current liabilities | ||||
Accounts payable | $23.84 | $38.52 | $37.49 | $36.44 |
Deferred revenue | $2 | $0.94 | $1.36 | $1.69 |
Short long term debt | $22.45 | $21.05 | $18.72 | $20.16 |
Total current liabilities | $67.52 | $80.12 | $75.08 | $77.57 |
Long term debt | $73.55 | $73.87 | $69.29 | $69.79 |
Total noncurrent liabilities | $76.78 | $76.7 | $72.09 | $72.2 |
Total debt | $96 | $94.92 | $88.01 | $89.94 |
Total liabilities | $144.3 | $156.82 | $147.17 | $149.77 |
Shareholders' equity | ||||
Retained earnings | -$1044.61 | -$1043.28 | -$1036.02 | -$1022.74 |
Other shareholder equity | -$1.27 | -$2.23 | -$2.43 | -$2.24 |
Total shareholder equity | $52.65 | $48.17 | $50.82 | $58.63 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $13.36 | $37.36 | $51.04 | $38.9 |
Short term investments | $54.2 | $66.57 | $80.6 | $97 |
Net receivables | $35.5 | $34.43 | $25.13 | $21.17 |
Inventory | $59.37 | $29 | $26.79 | $23.25 |
Total current assets | $144.44 | $170.14 | $187.1 | $183.43 |
Long term investments | ||||
Property, plant & equipment | $19.35 | $23.48 | $25.18 | $26.99 |
Goodwill & intangible assets | $1.32 | $1.32 | $1.32 | $1.32 |
Total noncurrent assets | $53.31 | $47.95 | $50.4 | $37.98 |
Total investments | $54.2 | $66.57 | $80.6 | $97 |
Total assets | $197.75 | $218.09 | $237.5 | $221.41 |
Current liabilities | ||||
Accounts payable | $23.84 | $33 | $35.61 | $24.21 |
Deferred revenue | $2 | $0.59 | $0.67 | $0.58 |
Short long term debt | $22.45 | $58.26 | $16.6 | $10.43 |
Total current liabilities | $67.52 | $117.06 | $78.56 | $59.97 |
Long term debt | $73.55 | $13.64 | $70.98 | $56.46 |
Total noncurrent liabilities | $76.78 | $32.47 | $73.33 | $57.63 |
Total debt | $96 | $87.24 | $87.59 | $66.89 |
Total liabilities | $144.3 | $150.48 | $151.88 | $117.61 |
Shareholders' equity | ||||
Retained earnings | -$1044.61 | -$1007.12 | -$964.34 | -$909.97 |
Other shareholder equity | -$1.27 | -$2.79 | -$0.15 | $0.67 |
Total shareholder equity | $52.65 | $67.61 | $84.62 | $103.81 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $53.34 | $47.25 | $47.73 | $38.48 |
Cost of revenue | $20.81 | $17.96 | $17.52 | $13.69 |
Gross Profit | $32.53 | $29.3 | $30.21 | $24.79 |
Operating activities | ||||
Research & development | $14.29 | $16.78 | $19.18 | $17.38 |
Selling, general & administrative | $17.27 | $16.16 | $20.54 | $21.55 |
Total operating expenses | $31.56 | $34.54 | $41.85 | $38.94 |
Operating income | $0.98 | -$5.24 | -$11.64 | -$14.15 |
Income from continuing operations | ||||
EBIT | $0.97 | -$4.83 | -$11 | -$13.93 |
Income tax expense | $0.07 | $0.08 | $0.1 | $0.08 |
Interest expense | $2.23 | $2.36 | $2.18 | $1.61 |
Net income | ||||
Net income | -$1.33 | -$7.27 | -$13.28 | -$15.62 |
Income (for common shares) | -$1.33 | -$7.27 | -$13.28 | -$15.62 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $186.8 | $188.31 | $159.52 | $114.25 |
Cost of revenue | $69.97 | $74.95 | $63.48 | $41.16 |
Gross Profit | $116.83 | $113.36 | $96.04 | $73.09 |
Operating activities | ||||
Research & development | $67.64 | $64.11 | $63.69 | $64.41 |
Selling, general & administrative | $75.52 | $83.33 | $81.29 | $67.02 |
Total operating expenses | $146.88 | $147.44 | $144.98 | $131.43 |
Operating income | -$30.05 | -$34.08 | -$48.94 | -$58.33 |
Income from continuing operations | ||||
EBIT | -$28.78 | -$36.46 | -$49.13 | -$55.83 |
Income tax expense | $0.33 | $0.49 | $0.32 | $0.28 |
Interest expense | $8.39 | $5.83 | $4.92 | $3.75 |
Net income | ||||
Net income | -$37.49 | -$42.78 | -$54.37 | -$59.86 |
Income (for common shares) | -$37.49 | -$42.78 | -$54.37 | -$59.86 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | -$1.33 | -$7.27 | -$13.28 | -$15.62 |
Operating activities | ||||
Depreciation | $1.39 | $1.18 | $1.23 | $1.11 |
Business acquisitions & disposals | ||||
Stock-based compensation | $4.9 | $3.98 | $5.72 | $5.67 |
Total cash flows from operations | -$15.18 | -$10.49 | -$9 | -$8.5 |
Investing activities | ||||
Capital expenditures | $0.01 | -$2.63 | -$0.44 | -$1.52 |
Investments | $8.21 | $2.36 | $2.77 | -$0.12 |
Total cash flows from investing | $8.22 | -$0.28 | $2.33 | -$1.65 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | -$0.17 | $0.43 | $0.49 | |
Net borrowings | $1.22 | $7.17 | -$0.11 | $1.64 |
Total cash flows from financing | $1.18 | $7.6 | -$0.17 | $2.06 |
Effect of exchange rate | -$0.02 | -$0.11 | -$0.12 | $0.12 |
Change in cash and equivalents | -$5.8 | -$3.27 | -$6.96 | -$7.97 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$37.49 | -$42.78 | -$54.37 | -$59.86 |
Operating activities | ||||
Depreciation | $4.91 | $4.56 | $4.57 | $4.46 |
Business acquisitions & disposals | ||||
Stock-based compensation | $20.27 | $24.46 | $23.57 | $18.03 |
Total cash flows from operations | -$43.17 | -$25.61 | -$33.92 | -$40.74 |
Investing activities | ||||
Capital expenditures | -$4.6 | -$2 | -$0.91 | -$1.61 |
Investments | $13.22 | $10.46 | $13.6 | -$47.94 |
Total cash flows from investing | $8.62 | $8.46 | $12.69 | -$49.56 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $0.75 | $3.98 | $12.11 | $88.28 |
Net borrowings | $9.92 | $0.21 | $21.18 | $3.5 |
Total cash flows from financing | $10.67 | $4.19 | $34.29 | $91.78 |
Effect of exchange rate | -$0.13 | -$0.73 | -$0.92 | |
Change in cash and equivalents | -$24 | -$13.69 | $12.14 | $1.48 |
Market cap | $342.56M |
---|---|
Enterprise value | $425.20M |
Shares outstanding | 181.25M |
Revenue | $186.80M |
---|---|
EBITDA | -$23.87M |
EBIT | -$28.78M |
Net Income | -$37.49M |
Revenue Q/Q | 3.94% |
Revenue Y/Y | -0.81% |
P/E ratio | -9.14 |
---|---|
EV/Sales | 2.28 |
EV/EBITDA | -17.81 |
EV/EBIT | -14.78 |
P/S ratio | 1.83 |
P/B ratio | 6.35 |
Book/Share | 0.30 |
Cash/Share | 0.07 |
EPS | -$0.21 |
---|---|
ROA | -18.47% |
ROE | -71.32% |
Debt/Equity | 2.74 |
---|---|
Net debt/EBITDA | -5.49 |
Current ratio | 2.14 |
Quick ratio | 1.26 |