Financhill
Sell
43

THRD Quote, Financials, Valuation and Earnings

Last price:
$5.16
Seasonality move :
29.74%
Day range:
$5.15 - $5.18
52-week range:
$3.18 - $16.94
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
0.85x
Volume:
242.3K
Avg. volume:
877.9K
1-year change:
-60.11%
Market cap:
$232.4M
Revenue:
--
EPS (TTM):
-$1.23
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $10M $15.7M $24.4M $24M $36.5M
Selling, General & Admin $1.2M $3.3M $13.3M $20M $22.4M
Other Inc / (Exp) -$1.7M -$10.6M -$2K $22K -$6K
Operating Expenses $11.1M $19M $37.7M $44M $58.9M
Operating Income -$11.1M -$19M -$37.7M -$44M -$58.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$12.8M -$29.6M -$35.2M -$30.8M -$45.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$12.8M -$29.6M -$35.2M -$30.8M -$45.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$12.8M -$29.6M -$35.2M -$30.8M -$45.5M
 
Basic EPS (Cont. Ops) -$0.35 -$0.80 -$2.45 -$0.78 -$1.09
Diluted EPS (Cont. Ops) -$0.35 -$0.80 -$2.45 -$0.78 -$1.09
Weighted Average Basic Share $26.3M $26.3M $14.4M $39.6M $41.7M
Weighted Average Diluted Share $26.3M $26.3M $14.4M $39.6M $41.7M
 
EBITDA -$11.1M -$19M -$37.7M -$43.9M -$58.8M
EBIT -$11.1M -$19M -$37.7M -$44M -$58.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$11.1M -$19M -$37.7M -$44M -$58.9M
Operating Income (Adjusted) -$11.1M -$19M -$37.7M -$44M -$58.9M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $6.2M $6.7M $6.2M $10.6M
Selling, General & Admin -- $1.6M $5.3M $5.1M $8.1M
Other Inc / (Exp) -- $3K -$2K $1K -$6K
Operating Expenses -- $7.8M $12M $11.3M $18.7M
Operating Income -- -$7.8M -$12M -$11.3M -$18.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -$7.8M -$9.1M -$7.9M -$15.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$7.8M -$9.1M -$7.9M -$15.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$7.8M -$9.1M -$7.9M -$15.8M
 
Basic EPS (Cont. Ops) -- -$0.21 -$0.23 -$0.20 -$0.35
Diluted EPS (Cont. Ops) -- -$0.21 -$0.23 -$0.20 -$0.35
Weighted Average Basic Share -- $26.3M $39.4M $40.2M $44.9M
Weighted Average Diluted Share -- $26.3M $39.4M $40.2M $44.9M
 
EBITDA -- -$7.8M -$12M -$11.3M -$18.7M
EBIT -- -$7.8M -$12M -$11.3M -$18.7M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -$7.8M -$12M -$11.3M -$18.7M
Operating Income (Adjusted) -- -$7.8M -$12M -$11.3M -$18.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $24.9M $23.5M $40.9M
Selling, General & Admin -- -- $17M $19.8M $25.4M
Other Inc / (Exp) -- -$11.7M -$2K $25K -$13K
Operating Expenses -- -- $41.9M $43.3M $66.3M
Operating Income -- -- -$41.9M -$43.3M -$66.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -$36.5M -$29.6M -$53.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$36.5M -$29.6M -$53.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$36.5M -$29.6M -$53.4M
 
Basic EPS (Cont. Ops) -- -- -$1.63 -$0.75 -$1.23
Diluted EPS (Cont. Ops) -- -- -$1.63 -$0.75 -$1.23
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -$41.9M -$43.2M -$66.2M
EBIT -- -- -$41.9M -$43.3M -$66.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -$41.9M -$43.3M -$66.3M
Operating Income (Adjusted) -- -- -$41.9M -$43.3M -$66.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $6.2M $6.7M $6.2M $10.6M
Selling, General & Admin -- $1.6M $5.3M $5.1M $8.1M
Other Inc / (Exp) -- $3K -$2K $1K -$6K
Operating Expenses -- $7.8M $12M $11.3M $18.7M
Operating Income -- -$7.8M -$12M -$11.3M -$18.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -$7.8M -$9.1M -$7.9M -$15.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$7.8M -$9.1M -$7.9M -$15.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$7.8M -$9.1M -$7.9M -$15.8M
 
Basic EPS (Cont. Ops) -- -$0.21 -$0.23 -$0.20 -$0.35
Diluted EPS (Cont. Ops) -- -$0.21 -$0.23 -$0.20 -$0.35
Weighted Average Basic Share -- $26.3M $39.4M $40.2M $44.9M
Weighted Average Diluted Share -- $26.3M $39.4M $40.2M $44.9M
 
EBITDA -- -$7.8M -$12M -$11.3M -$18.7M
EBIT -- -$7.8M -$12M -$11.3M -$18.7M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -$7.8M -$12M -$11.3M -$18.7M
Operating Income (Adjusted) -- -$7.8M -$12M -$11.3M -$18.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $8.3M $128.3M $288.9M $269.1M $285.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $156K $884K $4M $3.4M $5.5M
Total Current Assets $8.4M $129.2M $292.8M $272.4M $290.5M
 
Property Plant And Equipment -- -- $4.4M $3.9M $3.2M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- $1.5M $1.3M $901K
Total Assets $8.4M $129.2M $298.7M $277.7M $294.6M
 
Accounts Payable $581K $1.8M $2.1M $1.8M $1.9M
Accrued Expenses $1.3M $3.1M $2M $603K $1.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $385K $745K $859K
Other Current Liabilities -- $2K -- -- $59K
Total Current Liabilities $2.2M $5.7M $5.7M $5.4M $7.1M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $26.8M $175.9M $9.6M $8.6M $9.5M
 
Common Stock $1K $1K $4K $4K $5K
Other Common Equity Adj -- -- -- -- --
Common Equity -$18.4M -$46.7M $289.1M $269.1M $285.2M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$18.4M -$46.7M $289.1M $269.1M $285.2M
 
Total Liabilities and Equity $8.4M $129.2M $298.7M $277.7M $294.6M
Cash and Short Terms $8.3M $128.3M $288.9M $269.1M $285.1M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents -- -- $282.2M $262.8M $271.6M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- $3.5M $2.8M $4.4M
Total Current Assets -- -- $285.7M $265.6M $276M
 
Property Plant And Equipment -- -- $4.3M $3.7M $3M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- $1.3M $1.2M $877K
Total Assets -- -- $291.4M $270.5M $279.8M
 
Accounts Payable -- -- $2.7M $945K $2.7M
Accrued Expenses -- -- $829K $1.1M $1M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $668K $773K $889K
Other Current Liabilities -- -- $26K $45K $5K
Total Current Liabilities -- -- $4.9M $4M $5.1M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities -- -- $8.7M $7M $7.2M
 
Common Stock -- -- $4K $4K $5K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- $282.7M $263.5M $272.6M
 
Total Liabilities and Equity -- -- $291.4M $270.5M $279.8M
Cash and Short Terms -- -- $282.2M $262.8M $271.6M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$12.8M -$29.6M -$35.2M -$30.8M -$45.5M
Depreciation & Amoritzation -- -- $1K $35K $49K
Stock-Based Compensation $195K $510K $4.8M $9.6M $11.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$9.2M -$15.7M -$34.9M -$20.4M -$34.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$36K -$169K -$10K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -$2.3M -$465K --
Cash From Financing $10.8M $135.7M $196M $799K $50.5M
 
Beginning Cash (CF) $6.6M $8.3M $128.3M $289.3M $269.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.6M $120M $161M -$19.8M $16M
Ending Cash (CF) $8.3M $128.3M $289.3M $269.5M $285.5M
 
Levered Free Cash Flow -$9.2M -$15.7M -$35M -$20.6M -$34.5M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -$7.8M -$9.1M -$7.9M -$15.8M
Depreciation & Amoritzation -- -- $3K $12K $13K
Stock-Based Compensation -- $450K $2.7M $2.2M $3.3M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -$8.1M -$6.7M -$6.3M -$13.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- $49K $35K
 
Beginning Cash (CF) -- $128.3M $289.3M $269.5M $285.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$8.1M -$6.7M -$6.2M -$13.4M
Ending Cash (CF) -- $120.2M $282.6M $263.3M $272.1M
 
Levered Free Cash Flow -- -$8.1M -$6.7M -$6.3M -$13.5M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -- -$36.5M -$29.6M -$53.4M
Depreciation & Amoritzation -- -- $4K $44K $50K
Stock-Based Compensation -- $450K $7M $9.1M $12.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$33.5M -$20M -$41.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$36K -$169K -$10K
 
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 -- -- $196M $848K $50.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $162.5M -$19.4M $8.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -$33.5M -$20M -$41.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -$7.8M -$9.1M -$7.9M -$15.8M
Depreciation & Amoritzation -- -- $3K $12K $13K
Stock-Based Compensation -- $450K $2.7M $2.2M $3.3M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -$8.1M -$6.7M -$6.3M -$13.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- $49K $35K
 
Beginning Cash (CF) -- $128.3M $289.3M $269.5M $285.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$8.1M -$6.7M -$6.2M -$13.4M
Ending Cash (CF) -- $120.2M $282.6M $263.3M $272.1M
 
Levered Free Cash Flow -- -$8.1M -$6.7M -$6.3M -$13.5M

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