(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $32.79 | $45.41 | $48.81 | $40.28 |
Short term investments | $24.15 | $16.94 | $15.54 | $18.38 |
Net receivables | $30.55 | $23.55 | $20.82 | $29.37 |
Inventory | $5.52 | $6.11 | $10.78 | $11.08 |
Total current assets | $99.27 | $95.02 | $100.92 | $106.97 |
Long term investments | ||||
Property, plant & equipment | $1.03 | $1.2 | $1.21 | $1.42 |
Goodwill & intangible assets | $13.88 | $14.15 | $14.41 | $14.68 |
Total noncurrent assets | $17.96 | $20.3 | $16.17 | $16.64 |
Total investments | $24.15 | $16.94 | $15.54 | $18.38 |
Total assets | $117.22 | $115.32 | $117.09 | $123.61 |
Current liabilities | ||||
Accounts payable | $7.14 | $8 | $5.24 | $6.29 |
Deferred revenue | $17.04 | $15.9 | $15.04 | $15.46 |
Short long term debt | $7.92 | $0.67 | $0.47 | $0.45 |
Total current liabilities | $53.27 | $48.27 | $44.02 | $45.52 |
Long term debt | $52.66 | $60.13 | $60.2 | $60.29 |
Total noncurrent liabilities | $92.6 | $98.89 | $101.18 | $102.35 |
Total debt | $60.58 | $60.8 | $60.67 | $60.73 |
Total liabilities | $145.87 | $147.16 | $145.21 | $147.87 |
Shareholders' equity | ||||
Retained earnings | -$1407.55 | -$1408.29 | -$1402.6 | -$1395.99 |
Other shareholder equity | $0.01 | -$0.01 | -$0.03 | -$0.03 |
Total shareholder equity | -$28.64 | -$31.83 | -$28.11 | -$24.26 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $32.79 | $24.46 | $18.89 | $30.37 |
Short term investments | $24.15 | $33.75 | $106.08 | $26.95 |
Net receivables | $30.55 | $40.32 | $15.47 | $15.97 |
Inventory | $5.52 | $9.12 | $6.62 | $1.64 |
Total current assets | $99.27 | $115.9 | $154.47 | $88.98 |
Long term investments | ||||
Property, plant & equipment | $1.03 | $2.79 | $11.89 | $20.57 |
Goodwill & intangible assets | $13.88 | $14.95 | ||
Total noncurrent assets | $17.96 | $18.38 | $12.86 | $21.39 |
Total investments | $24.15 | $33.75 | $106.08 | $26.95 |
Total assets | $117.22 | $134.28 | $167.33 | $110.38 |
Current liabilities | ||||
Accounts payable | $7.14 | $22.51 | $3.79 | $3.71 |
Deferred revenue | $17.04 | $13.51 | $2.6 | $3.02 |
Short long term debt | $7.92 | $1.13 | $9.89 | $8.62 |
Total current liabilities | $53.27 | $65.21 | $63.55 | $40.84 |
Long term debt | $52.66 | $39.45 | $20.67 | $30.47 |
Total noncurrent liabilities | $92.6 | $82.68 | $73.4 | $35.51 |
Total debt | $60.58 | $41.55 | $30.57 | $39.09 |
Total liabilities | $145.87 | $147.9 | $136.95 | $76.35 |
Shareholders' equity | ||||
Retained earnings | -$1407.55 | -$1382.46 | -$1323.89 | -$1305.97 |
Other shareholder equity | $0.01 | -$0.15 | -$0.1 | -$0 |
Total shareholder equity | -$28.64 | -$13.62 | $30.37 | $34.03 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $35.79 | $28.13 | $26.89 | $26.07 |
Cost of revenue | $3.79 | $1.27 | $1.07 | $0.98 |
Gross Profit | $32 | $26.87 | $25.81 | $25.09 |
Operating activities | ||||
Research & development | $3.19 | $6.47 | $4.77 | $10.09 |
Selling, general & administrative | $26.85 | $24.86 | $26.31 | $27.73 |
Total operating expenses | $30.04 | $31.33 | $31.08 | $37.82 |
Operating income | $1.97 | -$4.46 | -$5.27 | -$12.72 |
Income from continuing operations | ||||
EBIT | $2.64 | -$3.79 | -$4.74 | -$12.33 |
Income tax expense | ||||
Interest expense | $1.91 | $1.9 | $1.86 | $1.2 |
Net income | ||||
Net income | $0.74 | -$5.69 | -$6.6 | -$13.54 |
Income (for common shares) | $0.74 | -$5.69 | -$6.6 | -$13.54 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $116.88 | $120.24 | $149.24 | $108.62 |
Cost of revenue | $7.11 | $1.75 | $1.08 | $0.9 |
Gross Profit | $109.77 | $118.49 | $148.15 | $107.73 |
Operating activities | ||||
Research & development | $24.52 | $60.27 | $65.24 | $60.1 |
Selling, general & administrative | $105.74 | $112.45 | $91.89 | $76.6 |
Total operating expenses | $130.26 | $174.04 | $160.65 | $136.7 |
Operating income | -$20.49 | -$55.55 | -$12.5 | -$28.97 |
Income from continuing operations | ||||
EBIT | -$18.22 | -$54.87 | -$12.45 | -$28.39 |
Income tax expense | $0.6 | |||
Interest expense | $6.87 | $3.71 | $4.86 | $1.35 |
Net income | ||||
Net income | -$25.09 | -$58.57 | -$17.91 | -$29.74 |
Income (for common shares) | -$25.09 | -$58.57 | -$17.91 | -$29.74 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | $0.74 | -$5.69 | -$6.6 | -$13.54 |
Operating activities | ||||
Depreciation | $0.29 | $0.29 | $0.3 | $0.36 |
Business acquisitions & disposals | ||||
Stock-based compensation | $1.93 | $1.94 | $2.17 | $2.76 |
Total cash flows from operations | -$6.24 | -$1.36 | $5.93 | -$4.07 |
Investing activities | ||||
Capital expenditures | $0.11 | $0.02 | $0.13 | |
Investments | -$6.98 | -$1.19 | $2.97 | $15.65 |
Total cash flows from investing | -$6.87 | -$1.17 | $2.97 | $0.78 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $0.49 | $0.01 | $0.55 | $0 |
Net borrowings | $19.95 | |||
Total cash flows from financing | $0.49 | -$0.87 | -$0.37 | $19.12 |
Effect of exchange rate | ||||
Change in cash and equivalents | -$12.63 | -$3.4 | $8.53 | $15.83 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$25.09 | -$58.57 | -$17.91 | -$29.74 |
Operating activities | ||||
Depreciation | $1.24 | $1 | $1.16 | $0.71 |
Business acquisitions & disposals | ||||
Stock-based compensation | $8.81 | $12.38 | $9.49 | $7.3 |
Total cash flows from operations | -$5.74 | -$73.76 | $5.88 | -$52.19 |
Investing activities | ||||
Capital expenditures | $0.26 | $0.44 | -$0.63 | -$1.26 |
Investments | $10.44 | $72.33 | -$79.41 | $48.73 |
Total cash flows from investing | -$4.3 | $72.78 | -$80.04 | $47.47 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $1.05 | $2.12 | $4.78 | $2.6 |
Net borrowings | $19.95 | $19.54 | $9.97 | |
Total cash flows from financing | $18.37 | $6.55 | $62.67 | $12.57 |
Effect of exchange rate | ||||
Change in cash and equivalents | $8.33 | $5.57 | -$11.48 | $7.85 |
Market cap | $258.74M |
---|---|
Enterprise value | $286.53M |
Shares outstanding | 174.83M |
Revenue | $116.88M |
---|---|
EBITDA | -$16.98M |
EBIT | -$18.22M |
Net Income | -$25.09M |
Revenue Q/Q | -30.20% |
Revenue Y/Y | -2.79% |
P/E ratio | -10.31 |
---|---|
EV/Sales | 2.45 |
EV/EBITDA | -16.87 |
EV/EBIT | -15.73 |
P/S ratio | 2.21 |
P/B ratio | -9.03 |
Book/Share | -0.16 |
Cash/Share | 0.19 |
EPS | -$0.14 |
---|---|
ROA | -21.21% |
ROE | 88.94% |
Debt/Equity | -5.09 |
---|---|
Net debt/EBITDA | -6.66 |
Current ratio | 1.86 |
Quick ratio | 1.76 |