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QS Quote, Financials, Valuation and Earnings

Last price:
$4.27
Seasonality move :
-3.04%
Day range:
$4.14 - $4.30
52-week range:
$3.40 - $9.52
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
2.15x
Volume:
11.6M
Avg. volume:
9.7M
1-year change:
-29.24%
Market cap:
$2.4B
Revenue:
--
EPS (TTM):
-$0.91
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 $65.1M $151.5M $297.4M $347.9M $383M
Selling, General & Admin $15.9M $63.8M $123.2M $131.1M $142.2M
Other Inc / (Exp) -$1.6B $168.8M $216K -$160K $3.5M
Operating Expenses $81M $215.3M $420.6M $479M $525.2M
Operating Income -$81M -$215.3M -$420.6M -$479M -$525.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$1.7B -$46M -$411.9M -$445.1M -$477.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.7B -$46M -$411.9M -$445.1M -$477.9M
 
Minority Interest in Earnings $6K $11K -$11K -$66K $85K
Net Income to Common Excl Extra Items -$1.7B -$46M -$411.9M -$445.1M -$477.9M
 
Basic EPS (Cont. Ops) -$6.67 -$0.11 -$0.95 -$0.96 -$0.94
Diluted EPS (Cont. Ops) -$6.67 -$0.52 -$0.95 -$0.96 -$0.94
Weighted Average Basic Share $252.1M $404.3M $433M $462.2M $508.1M
Weighted Average Diluted Share $252.1M $409.5M $433M $462.2M $508.1M
 
EBITDA -$1.7B -$29.9M -$373.4M -$393M -$409.9M
EBIT -$1.7B -$44.6M -$409.5M -$442.7M -$475.7M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$81M -$215.3M -$420.6M -$479M -$525.2M
Operating Income (Adjusted) -$1.7B -$44.6M -$409.5M -$442.7M -$475.7M
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 $29.5M $61.3M $76.9M $83.8M $95.6M
Selling, General & Admin $15.2M $29.3M $33M $48.1M $28M
Other Inc / (Exp) -$30.7M $88K -$330K -$220K -$89K
Operating Expenses $44.7M $90.7M $110M $131.9M $123.6M
Operating Income -$44.7M -$90.7M -$110M -$131.9M -$123.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
 
Minority Interest in Earnings $10K $1K -$16K -$20K --
Net Income to Common Excl Extra Items -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
 
Basic EPS (Cont. Ops) -$0.20 -$0.21 -$0.24 -$0.24 -$0.21
Diluted EPS (Cont. Ops) -$0.20 -$0.21 -$0.24 -$0.24 -$0.21
Weighted Average Basic Share $368.8M $429.3M $440.1M $496.1M $548M
Weighted Average Diluted Share $368.8M $429.3M $440.1M $496.1M $548M
 
EBITDA -$72.7M -$83.2M -$92.6M -$106.1M -$93.5M
EBIT -$75.1M -$89.8M -$104M -$120.1M -$113.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$44.7M -$90.7M -$110M -$131.9M -$123.6M
Operating Income (Adjusted) -$75.1M -$89.8M -$104M -$120.1M -$113.9M
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 $81.2M $183.4M $313M $354.9M $394.7M
Selling, General & Admin $28.6M $77.9M $126.9M $146.1M $122.2M
Other Inc / (Exp) -$1.6B $199.6M -$202K -$50K $3.6M
Operating Expenses $109.8M $261.2M $439.9M $501M $516.9M
Operating Income -$109.8M -$261.2M -$439.9M -$501M -$516.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$1.7B -$61.2M -$426.2M -$461.1M -$471.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.7B -$61.2M -$426.2M -$461.1M -$471.7M
 
Minority Interest in Earnings $12K $2K -$28K -$70K $105K
Net Income to Common Excl Extra Items -$1.7B -$61.2M -$426.2M -$461.1M -$471.6M
 
Basic EPS (Cont. Ops) -$4.24 -$0.13 -$0.98 -$0.96 -$0.91
Diluted EPS (Cont. Ops) -$4.24 -$0.62 -$0.98 -$0.96 -$0.91
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$1.7B -$40.4M -$382.7M -$406.4M -$397.4M
EBIT -$1.7B -$59.2M -$423.8M -$458.7M -$469.6M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$109.8M -$261.2M -$439.9M -$501M -$516.9M
Operating Income (Adjusted) -$1.7B -$59.2M -$423.8M -$458.7M -$469.6M
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 $29.5M $61.3M $76.9M $83.8M $95.6M
Selling, General & Admin $15.2M $29.3M $33M $48.1M $28M
Other Inc / (Exp) -$30.7M $88K -$330K -$220K -$89K
Operating Expenses $44.7M $90.7M $110M $131.9M $123.6M
Operating Income -$44.7M -$90.7M -$110M -$131.9M -$123.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
 
Minority Interest in Earnings $10K $1K -$16K -$20K --
Net Income to Common Excl Extra Items -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
 
Basic EPS (Cont. Ops) -$0.20 -$0.21 -$0.24 -$0.24 -$0.21
Diluted EPS (Cont. Ops) -$0.20 -$0.21 -$0.24 -$0.24 -$0.21
Weighted Average Basic Share $368.8M $429.3M $440.1M $496.1M $548M
Weighted Average Diluted Share $368.8M $429.3M $440.1M $496.1M $548M
 
EBITDA -$72.7M -$83.2M -$92.6M -$106.1M -$93.5M
EBIT -$75.1M -$89.8M -$104M -$120.1M -$113.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$44.7M -$90.7M -$110M -$131.9M -$123.6M
Operating Income (Adjusted) -$75.1M -$89.8M -$104M -$120.1M -$113.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $113.2M $320.7M $235.4M $142.5M $140.9M
Short Term Investments $884.3M $1.1B $826.3M $928.3M $769.9M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $11.6M $15.8M $10.6M $12.7M $11.5M
Total Current Assets $1B $1.5B $1.1B $1.1B $922.3M
 
Property Plant And Equipment $55.4M $234M $384.7M $394.2M $373.7M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.2M $18.2M $18.4M $24.3M $26.4M
Total Assets $1.1B $1.7B $1.5B $1.5B $1.3B
 
Accounts Payable $5.4M $14.2M $21.4M $13M $6.5M
Accrued Expenses $3.4M $6.1M $7.5M $10.2M $17.4M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $1.2M $1.2M $4.9M $7.9M $8.8M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $12.4M $30.6M $46.8M $57.1M $64.9M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $713.3M $107.1M $155.9M $161.8M $164.5M
 
Common Stock $36K $43K $44K $49K $54K
Other Common Equity Adj -$31K -$4.2M -$17.9M -$2.9M $428K
Common Equity $351.8M $1.6B $1.3B $1.3B $1.2B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $1.7M $1.7M $1.7M $1.8M --
Total Equity $353.5M $1.6B $1.3B $1.3B $1.2B
 
Total Liabilities and Equity $1.1B $1.7B $1.5B $1.5B $1.3B
Cash and Short Terms $997.6M $1.4B $1.1B $1.1B $910.8M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $762.3M $283M $241.2M $192.3M $153.6M
Short Term Investments $771.1M $1.1B $741.9M $817.3M $706.8M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $8.5M $13.8M $11.5M $35.4M $11.2M
Total Current Assets $1.5B $1.4B $994.6M $1B $871.5M
 
Property Plant And Equipment $71.6M $288.6M $398.2M $394.7M $361.2M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.8M $18.1M $18.3M $24.3M $26.3M
Total Assets $1.6B $1.7B $1.4B $1.5B $1.3B
 
Accounts Payable $9.9M $10.1M $17.2M $11.5M $7.8M
Accrued Expenses $4.2M $7M $10.4M $72.3M $22.2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $1.5M $1.3M $6.7M $8.1M $9M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $21.4M $28M $43.5M $100.7M $52.3M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $320.7M $132.6M $152.5M $204.3M $150.3M
 
Common Stock $39K $43K $44K $50K $56K
Other Common Equity Adj $143K -$15.8M -$12.4M -$1.4M $100K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $1.7M $1.7M $1.7M $1.8M --
Total Equity $1.3B $1.5B $1.3B $1.3B $1.1B
 
Total Liabilities and Equity $1.6B $1.7B $1.4B $1.5B $1.3B
Cash and Short Terms $1.5B $1.3B $983.1M $1B $860.3M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$1.7B -$46M -$411.9M -$445.1M -$477.9M
Depreciation & Amoritzation $8.1M $14.7M $36.1M $49.7M $65.8M
Stock-Based Compensation $17M $52.2M $127.1M $166.3M $144.7M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$61.3M -$127.9M -$218M -$240M -$274.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$802.6M -$385.8M $124.1M -$152.5M $128.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $5.5M -- -- --
Long-Term Debt Repaid -- -- -$809K -$2M -$2.9M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $676.9M -$1M -- -- -$1.7M
Cash From Financing $953.7M $736.6M $8.6M $300.2M $144M
 
Beginning Cash (CF) $25.6M $115.4M $338.2M $252.9M $160.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $89.8M $222.8M -$85.3M -$92.3M -$1.7M
Ending Cash (CF) $115.4M $338.2M $252.9M $160.6M $158.9M
 
Levered Free Cash Flow -$85.4M -$255.1M -$376.9M -$324.5M -$336.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
Depreciation & Amoritzation $2.4M $6.5M $11.4M $14M $20.4M
Stock-Based Compensation $11.7M $28.5M $38M $19.3M $40.6M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$21.5M -$47.4M -$62.3M -$57.9M -$60.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $97.8M $8.4M $64.1M $106.5M $62M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -$705K -$784K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -- -- -- --
Cash From Financing $572.8M $1.3M $4.1M $1.2M $11.4M
 
Beginning Cash (CF) $115.4M $338.2M $252.9M $160.6M $158.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $649.1M -$37.7M $5.8M $49.8M $12.7M
Ending Cash (CF) $764.5M $300.5M $258.7M $210.4M $171.6M
 
Levered Free Cash Flow -$34.7M -$86.7M -$90.3M -$72.1M -$66.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$1.7B -$61.2M -$426.2M -$461.1M -$471.7M
Depreciation & Amoritzation $8.8M $18.8M $41M $52.3M $72.2M
Stock-Based Compensation $26.5M $69M $136.6M $147.6M $166M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$71.3M -$153.8M -$232.9M -$235.7M -$277.4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$731.9M -$475.2M $179.8M -$110.1M $84.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$809K -$2.7M -$3M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1.5B $165M $11.4M $297.4M $154.2M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $723.3M -$464M -$41.8M -$48.4M -$38.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$103.6M -$307.1M -$380.5M -$306.3M -$331.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$75.1M -$90.4M -$104.6M -$120.6M -$114.4M
Depreciation & Amoritzation $2.4M $6.5M $11.4M $14M $20.4M
Stock-Based Compensation $11.7M $28.5M $38M $19.3M $40.6M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$21.5M -$47.4M -$62.3M -$57.9M -$60.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $97.8M $8.4M $64.1M $106.5M $62M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -$705K -$784K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -- -- -- --
Cash From Financing $572.8M $1.3M $4.1M $1.2M $11.4M
 
Beginning Cash (CF) $115.4M $338.2M $252.9M $160.6M $158.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $649.1M -$37.7M $5.8M $49.8M $12.7M
Ending Cash (CF) $764.5M $300.5M $258.7M $210.4M $171.6M
 
Levered Free Cash Flow -$34.7M -$86.7M -$90.3M -$72.1M -$66.6M

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