(in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $14.87 | $6.21 | $10.1 | $10.11 |
Short term investments | $6.94 | $11.69 | $11.61 | $15.56 |
Net receivables | $12.49 | $13.12 | $13 | $10.28 |
Inventory | $6.12 | $7.6 | $9.07 | $7.88 |
Total current assets | $41.99 | $39.83 | $45.37 | $45.92 |
Long term investments | $4.61 | $4.69 | $4.6 | $4.63 |
Property, plant & equipment | $4.54 | $4.67 | $4.46 | $4.65 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $9.28 | $9.48 | $9.24 | $9.44 |
Total investments | $11.55 | $16.38 | $16.21 | $20.19 |
Total assets | $51.27 | $49.31 | $54.61 | $55.36 |
Current liabilities | ||||
Accounts payable | $8.99 | $7.08 | $7.19 | $6.51 |
Deferred revenue | $0.89 | $0.92 | $0.67 | $0.55 |
Short long term debt | $0.63 | $0.65 | $0.76 | $0.8 |
Total current liabilities | $42.51 | $15.88 | $16.06 | $14.91 |
Long term debt | $1.68 | $1.83 | $2.01 | $2.18 |
Total noncurrent liabilities | $3.82 | $3.93 | $4.17 | $4.53 |
Total debt | $2.31 | $2.48 | $2.77 | $2.98 |
Total liabilities | $46.33 | $19.8 | $20.24 | $19.44 |
Shareholders' equity | ||||
Retained earnings | -$390.7 | -$358.16 | -$351.67 | -$349.22 |
Other shareholder equity | $1.23 | $1.23 | $1.14 | $1.2 |
Total shareholder equity | $4.94 | $29.51 | $34.37 | $35.93 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $6.21 | $8.26 | $26.79 | $17.11 |
Short term investments | $11.69 | $4.39 | $2.51 | $3.64 |
Net receivables | $13.12 | $10.61 | $14.41 | $12.78 |
Inventory | $7.6 | $6.43 | $6.58 | $4.46 |
Total current assets | $39.83 | $30.86 | $52.21 | $39.46 |
Long term investments | $4.69 | $7.72 | $4.91 | $4.52 |
Property, plant & equipment | $4.67 | $5 | $5.72 | $3.41 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $9.48 | $12.89 | $10.8 | $8.09 |
Total investments | $16.38 | $12.11 | $7.42 | $8.16 |
Total assets | $49.31 | $43.75 | $63.01 | $47.55 |
Current liabilities | ||||
Accounts payable | $7.08 | $5.44 | $5.48 | $5.61 |
Deferred revenue | $0.92 | $0.93 | $4.06 | $1.49 |
Short long term debt | $0.65 | $0.79 | $0.7 | $0.98 |
Total current liabilities | $15.88 | $14.46 | $17.53 | $16.88 |
Long term debt | $1.83 | $2.58 | $3.11 | $0.82 |
Total noncurrent liabilities | $3.93 | $5.3 | $5.85 | $2.37 |
Total debt | $2.48 | $3.36 | $3.81 | $1.8 |
Total liabilities | $19.8 | $19.59 | $23.38 | $19.25 |
Shareholders' equity | ||||
Retained earnings | -$358.16 | -$338.41 | -$319.08 | -$305.65 |
Other shareholder equity | $1.23 | $1.07 | $1.41 | $1.48 |
Total shareholder equity | $29.51 | $24.16 | $39.8 | $28.44 |
(in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $10.03 | $8.58 | $10.6 | $10.46 |
Cost of revenue | $8.54 | $7.19 | $5.44 | $5.7 |
Gross Profit | $1.49 | $1.38 | $5.16 | $4.76 |
Operating activities | ||||
Research & development | $2.1 | $2.24 | $3.09 | $3.13 |
Selling, general & administrative | $7.23 | $5.93 | $4.8 | $6.47 |
Total operating expenses | $34.13 | $8.17 | $7.89 | $9.6 |
Operating income | -$32.64 | -$6.79 | -$2.73 | -$4.84 |
Income from continuing operations | ||||
EBIT | -$32.55 | -$6.45 | -$2.41 | -$8.14 |
Income tax expense | $0.04 | $0.04 | $0.04 | |
Interest expense | ||||
Net income | ||||
Net income | -$32.55 | -$6.49 | -$2.45 | -$8.18 |
Income (for common shares) | -$32.55 | -$6.49 | -$2.45 | -$8.18 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $40.39 | $47.4 | $45.67 | $40.13 |
Cost of revenue | $24.95 | $32.56 | $25.05 | $21.4 |
Gross Profit | $15.44 | $14.84 | $20.61 | $18.73 |
Operating activities | ||||
Research & development | $10.78 | $18.67 | $16.29 | $11.67 |
Selling, general & administrative | $21.84 | $17.97 | $18.1 | $11.82 |
Total operating expenses | $32.62 | $36.63 | $34.39 | $23.49 |
Operating income | -$17.18 | -$21.79 | -$13.78 | -$4.76 |
Income from continuing operations | ||||
EBIT | -$19.59 | -$19.18 | -$13.3 | -$4.28 |
Income tax expense | $0.16 | $0.14 | $0.13 | $0.13 |
Interest expense | ||||
Net income | ||||
Net income | -$19.75 | -$19.33 | -$13.43 | -$4.41 |
Income (for common shares) | -$19.75 | -$19.33 | -$13.43 | -$4.41 |
(in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
---|---|---|---|---|
Net income | -$32.55 | -$6.49 | -$2.45 | -$8.18 |
Operating activities | ||||
Depreciation | $0.2 | $0.11 | $0.11 | $0.16 |
Business acquisitions & disposals | ||||
Stock-based compensation | $0.73 | $1.53 | $0.96 | $1.19 |
Total cash flows from operations | -$3.11 | -$3.47 | -$3.8 | -$3.82 |
Investing activities | ||||
Capital expenditures | -$0.25 | -$0.47 | -$0.13 | -$0.13 |
Investments | $4.77 | $3.91 | $5.47 | |
Total cash flows from investing | $4.52 | -$0.42 | $3.8 | $5.33 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $7.24 | |||
Net borrowings | ||||
Total cash flows from financing | $7.24 | |||
Effect of exchange rate | -$0 | $0 | -$0 | $0.01 |
Change in cash and equivalents | $8.66 | -$3.89 | -$0.01 | $1.52 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$19.75 | -$19.33 | -$13.43 | -$4.41 |
Operating activities | ||||
Depreciation | $0.61 | $0.72 | $0.67 | $0.65 |
Business acquisitions & disposals | ||||
Stock-based compensation | $3.88 | $1.27 | $4.42 | $0.82 |
Total cash flows from operations | -$15.26 | -$17.69 | -$10.75 | -$4.42 |
Investing activities | ||||
Capital expenditures | -$0.95 | -$0.83 | -$1.03 | -$0.54 |
Investments | -$7.25 | -$2.5 | $1.1 | $12.15 |
Total cash flows from investing | -$8.14 | -$3.31 | $0.05 | $11.8 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $21.34 | $2.86 | $21.05 | $3.83 |
Net borrowings | ||||
Total cash flows from financing | $21.34 | $2.66 | $20.45 | $3.69 |
Effect of exchange rate | $0.01 | -$0.19 | -$0.08 | $0.01 |
Change in cash and equivalents | -$2.05 | -$18.53 | $9.68 | $11.08 |
Market cap | $120.80M |
---|---|
Enterprise value | $108.24M |
Shares outstanding | 118.43M |
Revenue | $39.67M |
---|---|
EBITDA | -$48.97M |
EBIT | -$49.55M |
Net Income | -$49.67M |
Revenue Q/Q | -6.74% |
Revenue Y/Y | -17.75% |
P/E ratio | -2.43 |
---|---|
EV/Sales | 2.73 |
EV/EBITDA | -2.21 |
EV/EBIT | -2.18 |
P/S ratio | 3.05 |
P/B ratio | 32.60 |
Book/Share | 0.03 |
Cash/Share | 0.13 |
EPS | -$0.42 |
---|---|
ROA | -94.36% |
ROE | -189.67% |
Debt/Equity | 0.67 |
---|---|
Net debt/EBITDA | -0.64 |
Current ratio | 0.99 |
Quick ratio | 0.84 |