(in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $251.4 | $146.92 | $251.45 | $204.4 |
Short term investments | $320.16 | $302.5 | $280.74 | $394.89 |
Net receivables | $35.39 | $0.13 | $6.5 | $6.31 |
Inventory | ||||
Total current assets | $626.61 | $480.39 | $550.65 | $619.13 |
Long term investments | $107.85 | $132.59 | $100.54 | $45.9 |
Property, plant & equipment | $10.83 | $11.07 | $10.73 | $9.24 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $125.24 | $149.38 | $116.94 | $58.52 |
Total investments | $428 | $435.08 | $381.28 | $440.79 |
Total assets | $751.84 | $629.77 | $667.59 | $677.64 |
Current liabilities | ||||
Accounts payable | $11.05 | $11.6 | $21.08 | $3.42 |
Deferred revenue | $1.6 | $1.18 | $2.06 | $1.64 |
Short long term debt | $1.28 | $1.26 | $1.25 | $1.12 |
Total current liabilities | $34.67 | $35.56 | $40.01 | $28.22 |
Long term debt | $4.24 | $4.56 | $4.81 | $4.81 |
Total noncurrent liabilities | $53.31 | $53.01 | $52.35 | $51.16 |
Total debt | $5.52 | $5.82 | $6.06 | $5.93 |
Total liabilities | $87.97 | $88.57 | $92.36 | $79.38 |
Shareholders' equity | ||||
Retained earnings | $79.29 | $86.42 | $124.63 | $155.18 |
Other shareholder equity | -$16.56 | -$16.34 | -$13.24 | -$13.26 |
Total shareholder equity | $663.87 | $541.2 | $575.23 | $598.26 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $251.45 | $285.04 | $848.84 | $336.45 |
Short term investments | $280.74 | $328.36 | ||
Net receivables | $6.5 | $2.44 | $4.02 | $0.13 |
Inventory | ||||
Total current assets | $550.65 | $628.3 | $874.71 | $339.54 |
Long term investments | $100.54 | $118.22 | ||
Property, plant & equipment | $10.73 | $6.77 | $7.4 | $1.35 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $116.94 | $126.69 | $10 | $5.01 |
Total investments | $381.28 | $446.58 | ||
Total assets | $667.59 | $754.99 | $884.71 | $344.56 |
Current liabilities | ||||
Accounts payable | $21.08 | $7.66 | $5.14 | $3.03 |
Deferred revenue | $2.06 | $13.78 | $281.05 | $4.49 |
Short long term debt | $1.25 | $0.84 | $0.77 | |
Total current liabilities | $40.01 | $42 | $304.12 | $15 |
Long term debt | $4.81 | $3.84 | $4.57 | |
Total noncurrent liabilities | $52.35 | $49.66 | $27.77 | $6.36 |
Total debt | $6.06 | $4.67 | $5.34 | |
Total liabilities | $92.36 | $91.66 | $331.89 | $21.36 |
Shareholders' equity | ||||
Retained earnings | $124.63 | $237.28 | $140.62 | -$73.9 |
Other shareholder equity | -$13.24 | -$9.64 | -$1.02 | $0.62 |
Total shareholder equity | $575.23 | $663.33 | $552.82 | $323.2 |
(in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $35 | |||
Cost of revenue | ||||
Gross Profit | $35 | |||
Operating activities | ||||
Research & development | $36.71 | $34.53 | $27.78 | $30.64 |
Selling, general & administrative | $12.46 | $12.7 | $12.37 | $12.64 |
Total operating expenses | $49.17 | $47.23 | $40.15 | $43.28 |
Operating income | -$14.17 | -$47.23 | -$40.15 | -$43.28 |
Income from continuing operations | ||||
EBIT | -$4.87 | -$36 | -$28.19 | -$33.42 |
Income tax expense | $2.26 | $2.21 | $2.36 | -$1.18 |
Interest expense | ||||
Net income | ||||
Net income | -$7.13 | -$38.22 | -$30.55 | -$32.24 |
Income (for common shares) | -$7.13 | -$38.22 | -$30.55 | -$32.24 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $12.6 | $267.63 | $344.77 | |
Cost of revenue | ||||
Gross Profit | $12.6 | $267.63 | $344.77 | |
Operating activities | ||||
Research & development | $113.3 | $97.36 | $59.37 | $29.9 |
Selling, general & administrative | $50.4 | $43.95 | $40.51 | $15.34 |
Total operating expenses | $163.7 | $141.31 | $99.87 | $45.24 |
Operating income | -$151.1 | $126.32 | $244.9 | -$45.24 |
Income from continuing operations | ||||
EBIT | -$109.03 | $148.74 | $256.46 | -$38.09 |
Income tax expense | $3.61 | $52.08 | $41.94 | -$0.06 |
Interest expense | ||||
Net income | ||||
Net income | -$112.64 | $96.65 | $214.52 | -$38.03 |
Income (for common shares) | -$112.64 | $96.65 | $214.52 | -$43.4 |
(in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
---|---|---|---|---|
Net income | -$7.13 | -$38.22 | -$30.55 | -$32.24 |
Operating activities | ||||
Depreciation | $0.31 | $0.3 | $0.23 | $0.22 |
Business acquisitions & disposals | ||||
Stock-based compensation | $8.06 | $7.26 | $7.19 | $7.06 |
Total cash flows from operations | -$33.93 | -$32.4 | -$13.77 | -$33.89 |
Investing activities | ||||
Capital expenditures | -$0.44 | -$0.94 | -$1.4 | -$0.75 |
Investments | $16.76 | -$68.66 | $62.97 | $23.53 |
Total cash flows from investing | $16.32 | -$69.6 | $61.56 | $22.69 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $122.38 | $0.02 | $0.31 | $0.01 |
Net borrowings | ||||
Total cash flows from financing | $122.38 | $0.02 | $0.31 | $0.01 |
Effect of exchange rate | -$0.29 | -$2.55 | -$1.05 | -$0.9 |
Change in cash and equivalents | $104.48 | -$104.53 | $47.05 | -$12.08 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$112.64 | $96.65 | $214.52 | -$38.03 |
Operating activities | ||||
Depreciation | $0.9 | $0.8 | $0.6 | $0.54 |
Business acquisitions & disposals | ||||
Stock-based compensation | $27.02 | $21.56 | $13.79 | $4.29 |
Total cash flows from operations | -$103.76 | -$111.19 | $513.14 | -$25.18 |
Investing activities | ||||
Capital expenditures | -$2.97 | -$0.94 | -$1.18 | -$0.36 |
Investments | $75.72 | -$445 | ||
Total cash flows from investing | $72.66 | -$446.06 | -$1.24 | -$0.38 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $1.11 | $0.93 | $2.94 | $211.27 |
Net borrowings | ||||
Total cash flows from financing | $1.11 | $1.98 | $3.66 | $340.34 |
Effect of exchange rate | -$3.6 | -$8.53 | -$3.18 | $1.68 |
Change in cash and equivalents | -$33.59 | -$563.8 | $512.38 | $316.46 |
Market cap | $540.50M |
---|---|
Enterprise value | $294.61M |
Shares outstanding | 36.52M |
Revenue | $35.00M |
---|---|
EBITDA | -$101.41M |
EBIT | -$102.48M |
Net Income | -$108.14M |
Revenue Q/Q | InfinityT% |
Revenue Y/Y | -59.30% |
P/E ratio | -5.00 |
---|---|
EV/Sales | 8.42 |
EV/EBITDA | -2.91 |
EV/EBIT | -2.87 |
P/S ratio | 15.44 |
P/B ratio | 0.79 |
Book/Share | 18.63 |
Cash/Share | 6.88 |
EPS | -$2.96 |
---|---|
ROA | -15.86% |
ROE | -18.19% |
Debt/Equity | 0.16 |
---|---|
Net debt/EBITDA | 1.61 |
Current ratio | 18.08 |
Quick ratio | 18.08 |