| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | Year Ending Dec 2019 (Update) | |
|---|---|---|---|---|---|
| Cash & Equivalents | 28.08 | 67.90 | 88.34 | 20.35 | 16.25 |
| Short Term Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and Short Term Investments | 28.08 | 67.90 | 88.34 | 20.35 | 16.25 |
| Accounts Receivable - Trade, Gross | 3.45 | 1.06 | 0.63 | 0.79 | 0.83 |
| Provision for Doubtful Accounts | -0.33 | -0.03 | -0.04 | -0.10 | -0.03 |
| Accounts Receivable - Trade, Net | 3.12 | 1.04 | 0.59 | 0.68 | 0.79 |
| Total Receivables, Net | 3.12 | 1.04 | 0.59 | 0.68 | 0.79 |
| Inventories - Finished Goods | 3.16 | 2.42 | 2.28 | 2.76 | 2.39 |
| Inventories - Raw Materials | 2.50 | 0.51 | 0.71 | 0.78 | 0.73 |
| Total Inventory | 5.65 | 2.93 | 2.99 | 3.54 | 3.12 |
| Prepaid Expenses | 1.62 | 0.50 | 0.55 | 0.64 | 0.90 |
| Deferred Income Tax - Current Asset | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.75 | 0.15 | 0.06 | 0.03 | 0.00 |
| Other Current Assets, Total | 0.75 | 0.15 | 0.06 | 0.03 | 0.00 |
| Total Current Assets | 39.22 | 72.51 | 92.52 | 25.25 | 21.07 |
| Buildings - Gross | 0.66 | 0.33 | 0.33 | 0.33 | 0.33 |
| Machinery/Equipment - Gross | 2.31 | 1.36 | 1.36 | 1.34 | 1.33 |
| Other Property/Plant/Equipment - Gross | 6.50 | 2.96 | 2.89 | 3.27 | 3.45 |
| Property/Plant/Equipment, Total - Gross | 9.46 | 4.66 | 4.59 | 4.94 | 5.11 |
| Accumulated Depreciation, Total | -6.34 | -3.63 | -3.42 | -3.16 | -2.87 |
| Property/Plant/Equipment, Total - Net | 3.12 | 1.03 | 1.17 | 1.79 | 2.24 |
| Goodwill, Net | 7.54 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangibles, Net | 12.53 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash - Long Term | 0.78 | 0.69 | 1.06 | 1.03 | 1.06 |
| Other Long Term Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Long Term Assets, Total | 0.78 | 0.69 | 1.06 | 1.03 | 1.06 |
| Total Assets | 63.19 | 74.24 | 94.75 | 28.07 | 24.37 |
| Accounts Payable | 5.07 | 1.95 | 1.38 | 2.27 | 2.70 |
| Accrued Expenses | 3.33 | 1.85 | 1.78 | 1.53 | 1.31 |
| Notes Payable/Short Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Portion of Long Term Debt/Capital Leases | 0.00 | 0.00 | 0.00 | 0.00 | 5.44 |
| Customer Advances | 1.50 | 0.30 | 0.32 | 0.44 | 0.32 |
| Other Current Liabilities | 1.89 | 0.69 | 0.56 | 0.43 | 0.40 |
| Other Current liabilities, Total | 3.40 | 0.99 | 0.87 | 0.87 | 0.73 |
| Total Current Liabilities | 11.80 | 4.78 | 4.04 | 4.67 | 10.17 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 1.53 |
| Total Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 1.53 |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 6.97 |
| Other Long Term Liabilities | 4.89 | 1.29 | 1.33 | 1.63 | 1.90 |
| Other Liabilities, Total | 4.89 | 1.29 | 1.33 | 1.63 | 1.90 |
| Total Liabilities | 16.68 | 6.07 | 5.37 | 6.29 | 13.59 |
| Common Stock | 4.49 | 4.49 | 4.66 | 1.83 | 0.50 |
| Common Stock, Total | 4.49 | 4.49 | 4.66 | 1.83 | 0.50 |
| Additional Paid-In Capital | 281.11 | 279.86 | 278.90 | 201.39 | 178.75 |
| Retained Earnings (Accumulated Deficit) | -235.88 | -213.75 | -194.18 | -181.45 | -168.47 |
| Treasury Stock - Common | -3.20 | -2.43 | 0.00 | 0.00 | 0.00 |
| Total Equity | 46.51 | 68.17 | 89.38 | 21.77 | 10.78 |
| Total Liabilities & Shareholders' Equity | 63.19 | 74.24 | 94.75 | 28.07 | 24.37 |
| Shares Outstanding – Common Stock Primary Issue | 8.59 | 8.58 | 8.93 | 3.62 | 1.05 |
| Total Common Shares Outstanding | 8.59 | 8.58 | 8.93 | 3.62 | 1.05 |
| Treasury Shares – Common Primary Issue | 0.57 | 0.42 | 0.00 | 0.00 | 0.00 |
| Employees | 108.00 | 56.00 | 51.00 | 49.00 | 50.00 |
| Number of Common Shareholders | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Revenue - Current | 1.50 | 0.30 | 0.32 | 0.44 | 0.32 |
| Deferred Revenue - Long Term | 1.51 | 0.89 | 0.87 | 0.67 | 0.52 |
| Total Current Assets less Inventory | 33.57 | 69.58 | 89.53 | 21.71 | 17.95 |
| Quick Ratio | 2.85 | 14.55 | 22.17 | 4.65 | 1.77 |
| Current Ratio | 3.33 | 15.16 | 22.91 | 5.41 | 2.07 |
| Net Debt | -28.08 | -67.90 | -88.34 | -20.35 | -9.29 |
| Tangible Book Value | 26.45 | 68.17 | 89.38 | 21.77 | 10.78 |
| Tangible Book Value per Share | 3.08 | 7.94 | 10.01 | 6.02 | 10.31 |
| Total Operating Leases | 2.05 | 1.01 | 1.19 | 1.88 | 2.44 |
| Operating Lease Payments Due in Year 1 | 1.36 | 0.60 | 0.69 | 0.71 | 0.69 |
| Operating Lease Payments Due in Year 2 | 0.67 | 0.36 | 0.50 | 0.68 | 0.68 |
| Operating Lease Payments Due in Year 3 | 0.01 | 0.05 | 0.00 | 0.49 | 0.62 |
| Operating Lease Payments Due in Year 4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 |
| Operating Lease Payments Due in Year 5 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Lease Payments Due in 2-3 Years | 0.69 | 0.40 | 0.50 | 1.17 | 1.30 |
| Operating Lease Payments Due in 4-5 Years | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 |
| Standardized Operating Lease Payments Due in Year 6 and Beyond | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
For a more complete picture of our financial results, please review our SEC Filings
Source: LSEG
In millions of USD (except for per share items)