CPTN (CPTN)
Cepton, Inc.
NASDAQ:CPTNTechnology · Software - Application
Mkt Cap-
Float5.8M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$13.06M
Net Income-$48.55M
Total Assets$76.45M
Free Cash Flow-$36.81M
Debt & Equity
Debt 6%
Equity 36%
Preferred 58%
Total Debt$10.6M
Total Equity$60.52M
Preferred Stock$98.89M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitSep 22, 202310 shares → 1
Balance Sheet Details
Assets$76.45M
Liabilities$15.93M
Accounts Receivable$3.63M
Accounts Payable$1.13M
Inventory$2.4M
PP&E (Net)$11.49M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2011 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2019-12-31 | 2019-03-31 | 2012-03-31 |
| Revenue | $13.06M | $7.43M | $4.5M | $2.01M | $4.13M | $0 | $0 |
| YoY Growth | 75.8% | 64.9% | 124.4% | -51.5% | - | - | - |
| Cost of Revenue | $9.51M | $7.23M | $4.39M | $3.75M | $3.5M | $0 | $0 |
| Gross Profit | $3.55M | $194K | $108K | -$1.74M | $635K | $0 | $0 |
| Gross Margin | 27.2% | 2.6% | 2.4% | -86.7% | 15.4% | - | - |
| Research and Development | $29.88M | $33.01M | $24.16M | $11.67M | $11.46M | $0 | $0 |
| Selling, General, and Administrative | $24.37M | $28.63M | $14.29M | $6.17M | $6.18M | $677 | $22K |
| Other | $37K | -$472K | -$22K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $54.25M | $61.64M | $38.44M | $17.84M | $17.64M | $677 | $22K |
| Operating Income (EBIT) | -$50.7M | -$61.45M | -$38.34M | -$19.58M | -$17M | -$680 | -$22K |
| Operating Margin | -388.4% | -827.5% | -851.5% | -975.9% | -411.5% | - | - |
| Interest Expense | $2.79M | $2.8M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $289K | $15K | $149K | $254K | $0 | $0 |
| Other Income (Expense) | $2.17M | $70.84M | $1.11M | -$32K | $254K | $3 | $0 |
| Income Before Tax (EBT) | -$48.53M | $9.4M | -$37.22M | -$19.61M | -$16.75M | -$677 | -$22K |
| Income Tax Expense | $16K | $16K | $20K | $26K | $7K | $32 | $0 |
| Net Income | -$48.55M | $9.38M | -$37.24M | -$19.63M | -$16.76M | -$709 | -$22K |
| Net Income Margin | -371.8% | 126.3% | -827.2% | -978.8% | -405.5% | - | - |
| Supplementary Data | |||||||
| EPS | -3.08 | 0.64 | -5.55 | -9.11 | -7.77 | -0.00 | -0.00 |
| Diluted EPS | -3.08 | 0.60 | -5.55 | -9.11 | -7.77 | -0.00 | -0.00 |
| Weighted Average OS | 15.78M | 14.69M | 6.71M | 2.16M | 2.16M | 2.16M | 5.00M |
| EBITDA | -$48.61M | $3.42M | -$38.99M | -$19.39M | -$16.83M | -$680 | -$22K |
| EBITDA Margin | -372.3% | 46.1% | -866.1% | -966.7% | -407.4% | - | - |
Balance Sheet
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2010 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2019-12-31 | 2019-03-31 | 2011-03-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $50.41M | $31.95M | $3.65M | $11.31M | $11.34M | $3K | $1K |
| Short-Term Investments | $5.97M | $3.7M | $2.84M | $32.06M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $56.38M | $35.66M | $6.49M | $43.37M | $11.34M | $3K | $1K |
| Accounts Receivable | $3.63M | $1.3M | $1.48M | $285K | $646K | $0 | $0 |
| Inventory | $2.4M | $2.98M | $2.52M | $3.39M | $2.41M | $0 | $0 |
| Other Current Assets | $1.25M | $6.27M | $15K | $1.13M | $1.3M | $0 | $0 |
| Total Current Assets | $63.65M | $46.21M | $16.51M | $48.18M | $15.69M | $3K | $1K |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $11.49M | $982K | $480K | $457K | $561K | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.28M | $2.56M | $172.51M | $172.51M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $29K | $555K | -$172.21M | -$172.41M | $94K | $0 | $0 |
| Total Long-Term Assets | $12.8M | $4.1M | $773K | $551K | $655K | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $76.45M | $50.32M | $17.28M | $48.73M | $16.34M | $3K | $1K |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $1.13M | $1.98M | $2.55M | $1.21M | $524K | $0 | $0 |
| Short-Term Debt | $1.88M | $42.8M | $2.37M | $1.37M | $695K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $367K | $525K | $308K | $44K | $0 | $0 | $0 |
| Other Current Liabilities | $2.57M | -$239K | -$2.45M | -$1.06M | $761K | $0 | $5K |
| Total Current Liabilities | $7.07M | $47.04M | $5.32M | $2.78M | $2.5M | $0 | $5K |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $8.72M | $211K | $0 | $1.12M | $4.21M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $136K | $1.43M | $99.49M | $100.76M | $46.86M | $0 | $0 |
| Total Long-Term Liabilities | $8.86M | $1.64M | $99.49M | $101.88M | $51.08M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $15.93M | $48.68M | $104.82M | $104.66M | $53.58M | $0 | $5K |
| Stockholders' Equity | |||||||
| Preferred Stock | $98.89M | $50.32M | $99.47M | $99.47M | $46.85M | $0 | $0 |
| Common Stock | $0 | $2K | $161.16M | $172.5M | $431 | $431 | $0 |
| Retained Earnings | -$134.6M | -$86.06M | -$95.44M | -$58.2M | -$38.56M | -$137K | -$56K |
| Comprehensive Income & Other | -$345K | -$366K | -$43K | -$18K | -$10K | $0 | $0 |
| Other Stockholders' Equity | $195.13M | $87.69M | -$153.25M | -$170.23M | $1.33M | $139K | $53K |
| Total Equity | $60.52M | $1.63M | -$87.53M | -$55.93M | -$37.24M | $3K | -$3K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $76.45M | $50.32M | $17.28M | $48.73M | $16.34M | $3K | $1K |
| Supplementary Data | |||||||
| Total Debt | $10.6M | $42.8M | $0 | $1.12M | $4.91M | $0 | $0 |
| Net Debt | -$39.81M | $10.85M | -$3.65M | -$10.19M | -$6.43M | -$3K | -$1K |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2019-12-31 | 2019-03-31 | 2012-03-31 | 2011-03-31 |
| Operating Activities | ||||||||
| Net Income | -$48.55M | $9.38M | -$37.24M | -$19.63M | -$16.76M | -$709 | -$23K | $0 |
| Depreciation & Amortization | $2.09M | $3.42M | $467K | $184K | $171K | $0 | $0 | $0 |
| Deferred Income Tax | $2.82M | $0 | $0 | $300K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $8.57M | $8.24M | $5M | $710K | $749K | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$2.32M | -$801K | -$215K | $363K | -$3K | $0 | $0 | $0 |
| Inventory | $575K | -$448K | $919K | -$971K | -$1.73M | $0 | $0 | $0 |
| Accounts Payable | -$1.07M | -$653K | $1.33M | $690K | $305K | $0 | -$1K | $0 |
| Other Working Capital | $4.95M | -$3.42M | -$5.94M | $1.47M | -$324K | $0 | $1K | $0 |
| Total Working Capital Change | $2.13M | -$5.32M | -$3.9M | $1.55M | -$1.75M | $0 | -$1K | $0 |
| Other Non-Cash Items | -$2.59M | -$73.73M | -$1.08M | -$90K | $17K | $0 | $4K | $0 |
| Net Cash from Operating | -$35.52M | -$58M | -$36.76M | -$16.98M | -$17.57M | -$709 | -$20K | -$39K |
| Investing Activities | ||||||||
| Capital Expenditures | -$1.29M | -$760K | -$276K | -$80K | -$148K | $0 | $0 | $0 |
| Acquisitions | $36K | $791K | -$28.96M | $32.18M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$37.81M | -$32.37M | -$8.46M | -$33.68M | $0 | $0 | $0 | $0 |
| Sales of Investments | $36.7M | $31.58M | $37.41M | $1.5M | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$1.07M | -$791K | $28.96M | -$32.18M | $1K | $0 | $0 | $0 |
| Net Cash from Investing | -$2.36M | -$1.55M | $28.68M | -$32.26M | -$147K | $0 | $0 | $0 |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $99.92M | $49.78M | $469K | $225K | $30K | $0 | $0 | $0 |
| Common Stock Repurchases | -$63K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $99.92M | $49.11M | -$30K | $54M | $4.98M | $0 | $16K | $45K |
| Net Cash from Financing | $54.63M | $88.55M | $439K | $49.22M | $5.01M | $0 | $16K | $45K |
| Forex Effect | $424K | $1.86M | -$21K | -$12K | -$10K | $0 | $0 | $0 |
| Net Change in Cash | $18.45M | $30.86M | -$7.66M | -$26K | -$12.71M | -$709 | -$5K | $6K |
| Supplementary Data | ||||||||
| Operating Cash Flow | -$35.52M | -$58M | -$36.76M | -$16.98M | -$17.57M | -$709 | -$20K | -$39K |
| Capital Expenditure | -$1.29M | -$760K | -$276K | -$80K | -$148K | $0 | $0 | $0 |
| Free Cash Flow | -$36.81M | -$58.76M | -$37.03M | -$17.06M | -$17.72M | -$709 | -$20K | -$39K |
| Cash at Beginning | $31.95M | $3.65M | $11.31M | $11.34M | $24.05M | $3K | $6K | $0 |
| Cash at End | $50.41M | $34.52M | $3.65M | $11.31M | $11.34M | $3K | $969 | $6K |