Financhill
Sell
3

ARTV Quote, Financials, Valuation and Earnings

Last price:
$6.53
Seasonality move :
--
Day range:
$6.50 - $7.12
52-week range:
$6.50 - $17.31
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
46.79x
P/B ratio:
0.57x
Volume:
68.1K
Avg. volume:
67.3K
1-year change:
--
Market cap:
$114.8M
Revenue:
$33.5M
EPS (TTM):
-$3.08
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- -- $2M $4.9M $33.5M
Revenue Growth (YoY) -- -- -- 146.3% 579.21%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $13.8M $42.4M $44M $50.3M
Selling, General & Admin -- $4.4M $12.9M $20.8M $13.9M
Other Inc / (Exp) -- $477K -$18.6M $200K $512K
Operating Expenses -- $18.3M $55.3M $64.8M $64.2M
Operating Income -- -$18.3M -$53.3M -$59.8M -$30.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -$18M -$71.8M -$58.3M -$27.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $53K $72K
Net Income to Company -- -$18M -$71.8M -$58.8M -$28.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$18M -$71.8M -$58.4M -$27.7M
 
Basic EPS (Cont. Ops) -- -$1.02 -$7.67 -$6.24 -$3.07
Diluted EPS (Cont. Ops) -- -$1.02 -$7.67 -$6.24 -$3.07
Weighted Average Basic Share -- $17.6M $9.4M $9.4M $9.4M
Weighted Average Diluted Share -- $17.6M $9.4M $9.4M $9.4M
 
EBITDA -- -$17.7M -$71.6M -$58.7M -$28.4M
EBIT -- -$17.8M -$71.8M -$59.8M -$30.7M
 
Revenue (Reported) -- -- $2M $4.9M $33.5M
Operating Income (Reported) -- -$18.3M -$53.3M -$59.8M -$30.7M
Operating Income (Adjusted) -- -$17.8M -$71.8M -$59.8M -$30.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- $26.7M --
Revenue Growth (YoY) -- -- -- 1774.54% --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $13.1M $13.5M
Selling, General & Admin -- -- -- $2.8M $4.8M
Other Inc / (Exp) -- -- -- $50K -$983K
Operating Expenses -- -- -- $15.8M $18.3M
Operating Income -- -- -- $10.8M -$18.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- $11.3M -$17.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$12.1M -$60.4M -- $11.3M -$17.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- $11.3M -$17.5M
 
Basic EPS (Cont. Ops) -- -- -- $1.20 -$0.92
Diluted EPS (Cont. Ops) -- -- -- $1.20 -$0.92
Weighted Average Basic Share -- -- -- $9.4M $18.9M
Weighted Average Diluted Share -- -- -- $9.4M $18.9M
 
EBITDA -- -- -- $11.4M -$17.7M
EBIT -- -- -- $10.8M -$18.3M
 
Revenue (Reported) -- -- -- $26.7M --
Operating Income (Reported) -- -- -- $10.8M -$18.3M
Operating Income (Adjusted) -- -- -- $10.8M -$18.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $48.8M $48.2M
Selling, General & Admin -- -- -- $14.5M $15.4M
Other Inc / (Exp) -- -- -- -$34K $1.7M
Operating Expenses -- -- -- $63.3M $63.6M
Operating Income -- -- -- -$34.3M -$61M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -$33.4M -$56.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -$28.8M -$61.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$33.4M -$56.9M
 
Basic EPS (Cont. Ops) -- -- -- -$3.57 -$3.51
Diluted EPS (Cont. Ops) -- -- -- -$3.57 -$3.51
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -$32.5M -$58.6M
EBIT -- -- -- -$34.3M -$61M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -- -$34.3M -$61M
Operating Income (Adjusted) -- -- -- -$34.3M -$61M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $111K $1.3M $27.6M $251K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $21.6M $9.7M $39.1M $37M
Selling, General & Admin -- $2.7M $3.8M $10.7M $12.3M
Other Inc / (Exp) -- -$18.6M -- -$34K $1.2M
Operating Expenses -- $24.3M $13.5M $49.8M $49.3M
Operating Income -- -$24.2M -$12.1M -$22.2M -$49M
 
Net Interest Expenses -- -- -- $509K --
EBT. Incl. Unusual Items -- -$42.7M -$12.1M -$21.3M -$46M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$12.1M -$103.2M -$12.1M -$16.7M -$49.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$42.7M -$12.1M -$21.3M -$46M
 
Basic EPS (Cont. Ops) -- -$4.56 -$1.30 -$2.28 -$3.03
Diluted EPS (Cont. Ops) -- -$4.56 -$1.30 -$2.28 -$3.03
Weighted Average Basic Share -- $9.4M $9.4M $28.1M $51.5M
Weighted Average Diluted Share -- $9.4M $9.4M $28.1M $51.5M
 
EBITDA -- -$24.1M -$12M -$20.5M -$47.2M
EBIT -- -$24.2M -$12.1M -$22.2M -$49M
 
Revenue (Reported) -- $111K $1.3M $27.6M $251K
Operating Income (Reported) -- -$24.2M -$12.1M -$22.2M -$49M
Operating Income (Adjusted) -- -$24.2M -$12.1M -$22.2M -$49M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $1.9M $25.4M $160.9M $102.5M $53.5M
Short Term Investments -- -- -- -- $23.5M
Accounts Receivable, Net -- -- $468K $525K $1M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $90K $666K $896K $1.6M $1.1M
Total Current Assets $2M $26.1M $162.3M $104.7M $79.8M
 
Property Plant And Equipment $2.5M $2.4M $4.1M $27.6M $24.6M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $377K $142K $387K $762K $650K
Total Assets $4.8M $29.2M $169.9M $133.1M $105.1M
 
Accounts Payable $258K $2.2M $1.4M $1.1M $614K
Accrued Expenses $476K $3.2M $10.1M $10.2M $8M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $208K $458K $433K $3.5M $3.6M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $942K $5.8M $19.3M $25.6M $12.2M
 
Long-Term Debt $5.6M -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $8.8M $50.8M $258.8M $273.8M $267.1M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- $308K
Common Equity -$4M -$21.6M -$88.9M -$140.7M -$162M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$4M -$21.6M -$88.9M -$140.7M -$162M
 
Total Liabilities and Equity $4.8M $29.2M $169.9M $133.1M $105.1M
Cash and Short Terms $1.9M $25.4M $160.9M $102.5M $77M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents -- $169.2M -- -- $55.9M
Short Term Investments -- -- -- -- $90.8M
Accounts Receivable, Net -- $614K -- -- $569K
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- $1.7M -- -- $3.2M
Total Current Assets -- $171.5M -- -- $150.6M
 
Property Plant And Equipment -- $3.9M -- -- $21.5M
Long-Term Investments -- -- -- -- $53M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $390K -- -- $556K
Total Assets -- $178.2M -- -- $225.6M
 
Accounts Payable -- $1.8M -- -- $1.2M
Accrued Expenses -- $7.6M -- -- $8.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $430K -- -- $3.7M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $15.6M -- -- $13.3M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities -- $257.4M -- -- $24.6M
 
Common Stock -- -- -- -- $3K
Other Common Equity Adj -- -- -- -- $338K
Common Equity -- -- -- -- --
Total Preferred Equity $34.6M $154.6M -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -$79.2M -- -- $201M
 
Total Liabilities and Equity -- $178.2M -- -- $225.6M
Cash and Short Terms -- $169.2M -- -- $146.6M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -- -$18M -$71.8M -$58.8M -$28.7M
Depreciation & Amoritzation -- $73K $248K $1.2M $2.3M
Stock-Based Compensation -- $297K $4.3M $6.6M $7.1M
Change in Accounts Receivable -- -- -$468K -$57K -$1.2M
Change in Inventories -- -- -- -- --
Cash From Operations -- -$13.5M -$15.3M -$50.8M -$47.4M
 
Capital Expenditures -- -- $1.7M $6.3M $3.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$284K -$1.7M -$6.3M -$26M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $3M -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -$5K -$12K
Other Financing Activities -- -$459K -$2M -$1.6M --
Cash From Financing -- $37.4M $152.8M -$1.3M $24.4M
 
Beginning Cash (CF) -- $1.9M $25.4M $161.2M $102.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- $23.6M $135.7M -$58.4M -$49M
Ending Cash (CF) -- $25.4M $161.2M $102.8M $53.8M
 
Levered Free Cash Flow -- -$13.8M -$17M -$57.1M -$50.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$12.1M -$60.4M -- $11.3M -$17.5M
Depreciation & Amoritzation $51K $107K -- $556K $627K
Stock-Based Compensation $169K $2.7M -- $1.4M $1.9M
Change in Accounts Receivable -- -$614K -- -$579K $760K
Change in Inventories -- -- -- -- --
Cash From Operations -$9.8M -$8.4M -- -$10.7M -$11.6M
 
Capital Expenditures -- -- -- $179K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$43K -$605K -- -$493K -$130.6M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $3M -- -- -- --
Long-Term Debt Repaid -- -- -- -- -$38K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$134K -$1.8M -- $23.4M -$2.6M
Cash From Financing $37.7M $153M -- $23.4M $163.9M
 
Beginning Cash (CF) $1.9M $25.4M -- $54M $34.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $27.8M $144M -- $12.2M $21.6M
Ending Cash (CF) $29.7M $169.4M -- $66.1M $56.1M
 
Levered Free Cash Flow -- -- -- -$10.9M -$11.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -- -$28.8M -$61.3M
Depreciation & Amoritzation -- -- -- $1.8M $2.4M
Stock-Based Compensation -- -- -- $7M $6.2M
Change in Accounts Receivable -- -- -- -$3.7M $2.8M
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -$46.4M -$51.1M
 
Capital Expenditures -- -- -- $3.2M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$23.9M -$122.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- $23.1M $163.2M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -$47.2M -$10M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -$49.6M -$52.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$12.1M -$103.2M -$12.1M -$16.7M -$49.3M
Depreciation & Amoritzation $51K $139K $167K $1.7M $1.8M
Stock-Based Compensation $169K $3.1M $1.4M $5.7M $4.8M
Change in Accounts Receivable -- -$668K -$748K -$3M $1.1M
Change in Inventories -- -- -- -- --
Cash From Operations -$9.8M $81K -$9.7M -$36.8M -$40.4M
 
Capital Expenditures -- $46K $602K $2.6M $18K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$43K -$651K -$602K -$23.3M -$119.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $3M -- -- -- --
Long-Term Debt Repaid -- -- -- -- -$116K
Repurchase of Common Stock -- -- -- -$12K --
Other Financing Activities -$134K -$2.6M -$504K $23.4M -$4.2M
Cash From Financing $37.7M $307M -$305K $23.4M $162.3M
 
Beginning Cash (CF) $1.9M $50.9M $161.2M $243.4M $136.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $27.8M $306.4M -$10.6M -$36.6M $2.4M
Ending Cash (CF) $29.7M $357.3M $150.6M $206.8M $139.1M
 
Levered Free Cash Flow -- $8.4M -$10.3M -$39.4M -$41M

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