AVITA Medical, Inc. (RCEL)
AVITA Medical, Inc., together with its subsidiaries, operates as a therapeutic acute wound care company in the United States, Japan, the European Union, Australia, and the United Kingdom. The company’s lead product is the RECELL System, a cell harvesting device used for the treatment of thermal burn wounds and full-thickness skin defects, as well as for repigmentation of stable depigmented vitiligo lesions. It also provides RECALL autologous cell harvesting device, which can treat areas of up to 1,920 cm2; RECELL autologous cell harvesting device with ease-of-use, an enhanced ease-of-use device that can treat areas of up to 1,920 cm²; and RECELL GO mini autologous cell harvesting device, a line extension of the RECELL GO system to treat smaller wounds up to 480 cm2, as well as RECELL GO autologous cell harvesting device consisting of RECELL GO processing device, which controls and manages the pressure applied to disaggregate the donor skin cells and controls the incubation time of the RECELL Enzyme to optimize cell yield and promote cell viability; and RECELL GO preparation kit, which can treat areas up to 1,920 cm2. In addition, the company sells and distributes PermeaDerm, a biosynthetic wound matrix and Cohealyx, a collagen-based dermal matrix. It serves hospitals, treatment centers, and distributors. The company was formerly known as AVITA Therapeutics, Inc. and changed its name to AVITA Medical, Inc. in December 2020. AVITA Medical, Inc. is headquartered in Valencia, California.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Devices
Avita Medical Inc.
NASDAQ:RCELHealthcare · Medical - Devices
-6.34%$15.65
AH$15.96+1.98%vs close
Mkt Cap$484.01M
Float30.03M
O/S30.93M
Vol
$ Vol
RVOL
Inst Own16.0%
SI9.4%
Earnings
Dilution
Financials Summary
Revenue$71.61M
Net Income-$48.59M
Total Assets$56.39M
Free Cash Flow-$32.93M
Debt & Equity
Debt 157%
Total Debt$46.05M
Total Equity-$16.65M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RCEL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$56.39M
Liabilities$73.04M
Accounts Receivable$9.11M
Accounts Payable$8.96M
Inventory$6.93M
PP&E (Net)$11.53M
Goodwill$0
Intangible Assets$5.64M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Revenue | $71.61M | $64.25M | $50.14M | $34.42M | $33.02M | $29.23M | $14.26M | $7.83M | $1.7M | $1.54M | $1.34M | $997K | $2.86M | $3.04M | $3.43M | $3.12M | $2.81M | $2.19M | $1.25M | $862K | $1.12M | $951K | $389K | $194K | $0 | $0 | $0 | $583K | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 11.5% | 28.1% | 45.7% | 4.2% | 13.0% | 104.9% | 82.2% | 359.3% | 10.6% | 14.8% | 34.7% | -65.1% | -6.2% | -11.3% | 10.0% | 11.1% | 28.0% | 74.9% | 45.4% | -22.7% | 17.4% | 144.3% | 100.2% | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $12.79M | $9.09M | $7.78M | $6.04M | $6.1M | $5.95M | $2.97M | $1.82M | $1M | $660K | $538K | $380K | $714K | $731K | $941K | $909K | $793K | $1.03M | $513K | $1.33M | $1.44M | $2.63M | $1.34M | $186K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $58.82M | $55.16M | $42.36M | $28.38M | $26.92M | $23.28M | $11.29M | $6.01M | $703K | $881K | $805K | $915K | $2.14M | $2.31M | $2.46M | $2.21M | $1.93M | $1.93M | $741K | -$398K | -$240K | -$1.68M | -$783K | $179K | $0 | $0 | $0 | $583K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | 82.1% | 85.8% | 84.5% | 82.4% | 81.5% | 79.6% | 79.2% | 76.8% | 41.2% | 57.2% | 59.9% | 91.8% | 75.0% | 76.0% | 71.6% | 70.8% | 68.7% | 88.0% | 59.1% | -46.2% | -21.5% | -176.9% | -201.3% | 92.3% | - | - | - | 100.0% | - | - | - | - | - |
| Research and Development | $20.84M | $20.36M | $20.82M | $13.86M | $15.67M | $14.82M | $9.16M | $11.45M | $13.26M | $6.29M | $3.45M | $3.81M | $2.16M | $2.57M | $992K | $220K | $195K | $208K | $160K | $621K | $1.81M | $1.55M | $605K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $80.51M | $91.39M | $65.63M | $45.24M | $37.21M | $37.06M | $48.73M | $39.54M | $16.97M | $13.95M | $10.91M | $5.74M | $7.12M | $8.83M | $8.64M | $6.38M | $4.55M | $5.98M | $5.23M | $8.36M | $10.02M | $7.08M | $5.4M | $1.6M | $866K | $991K | $362K | $608K | $133K | $184K | $170K | $368K | $307K |
| Other | $0 | $0 | -$1.43M | -$3.21M | -$843K | -$2.06M | -$3.93M | -$8.47M | -$16.01M | $0 | $0 | $0 | $0 | $0 | -$42K | $0 | $1.46M | $0 | $0 | $1.34M | $0 | $0 | -$19K | -$1.28M | $342K | -$857K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $101.35M | $111.75M | $85.02M | $55.88M | $52.04M | $49.82M | $53.97M | $42.52M | $14.22M | $20.25M | $14.37M | $9.56M | $9.28M | $11.4M | $9.59M | $6.6M | $6.2M | $6.19M | $5.39M | $10.32M | $11.83M | $8.63M | $5.99M | $319K | $1.21M | $134K | $362K | $608K | $133K | $184K | $170K | $368K | $307K |
| Operating Income (EBIT) | -$42.53M | -$56.59M | -$42.66M | -$27.5M | -$25.12M | -$26.54M | -$42.68M | -$36.51M | -$13.84M | -$16.54M | -$13.77M | -$8.85M | -$7.26M | -$9.33M | -$7.19M | -$5.13M | -$3.12M | -$5.5M | -$5.04M | -$9.09M | -$9.8M | -$10.31M | -$5.42M | $168K | -$2.33M | $867K | -$362K | $2.46M | -$133K | -$184K | -$170K | -$368K | -$307K |
| Operating Margin | -59.4% | -88.1% | -85.1% | -79.9% | -76.1% | -90.8% | -299.2% | -466.4% | -812.0% | -1073.2% | -1025.1% | -887.7% | -254.2% | -306.7% | -209.7% | -164.4% | -111.0% | -250.8% | -402.4% | -1054.4% | -878.1% | -1084.7% | -1392.1% | 86.6% | - | - | - | 422.5% | - | - | - | - | - |
| Interest Expense | $5M | $5.36M | $1.14M | $16K | $29K | $22K | $0 | $39K | $0 | $0 | $0 | $10 | $24K | $83 | $68 | $12K | $45K | $98K | $55K | $10.08M | $7K | $9K | $14K | $4K | $6 | $8.64M | $885K | $3.38M | $3.01M | $343K | $1.56M | $1K | -$282K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $0 | $39K | $145K | $148K | $60K | $171K | $446K | $504K | $117K | $148K | $338K | $696K | $641K | $705K | $488K | $287K | $273K | $227K | $341K | $10K | $997 | $6K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$6.04M | -$5.2M | $7.34M | $876K | $18K | -$5K | $653K | $436K | $32K | $145K | $2.54M | $232K | $171K | $446K | -$747K | $0 | -$2.22M | $775K | -$6.96M | -$4M | $601K | $516K | $432K | -$1.68M | -$1.33M | -$2.02M | -$871K | $0 | -$2.14M | $2.02M | $1.22M | $131K | $0 |
| Income Before Tax (EBT) | -$48.58M | -$61.79M | -$35.31M | -$26.63M | -$25.1M | -$26.55M | -$42.03M | -$36.08M | -$13.81M | -$16.4M | -$11.23M | -$8.62M | -$7.09M | -$8.89M | -$7.94M | -$2.03M | -$5.34M | -$4.72M | -$12M | -$13.09M | -$9.2M | -$9.8M | -$4.98M | -$1.51M | -$2.33M | -$2.84M | -$1.25M | -$563K | -$3.14M | $245K | -$1.73M | -$2.88M | -$25K |
| Income Tax Expense | $11K | $54K | $66K | $36K | $42K | $38K | $4K | -$173K | $1.46M | -$806K | -$726K | -$716K | -$1.47M | -$117K | -$90K | -$90K | -$405K | $98K | -$342K | -$317K | -$312K | -$397K | -$7.13M | -$2.69M | -$4.56M | -$5.11M | $885K | -$923K | $3.01M | -$772K | $1.56M | -$316K | $308K |
| Net Income | -$48.59M | -$61.84M | -$35.38M | -$26.66M | -$25.14M | -$26.58M | -$42.03M | -$35.9M | -$23.37M | -$15.03M | -$13.77M | -$10.34M | -$5.48M | -$8.75M | -$7.5M | -$1.95M | -$5.93M | -$5.18M | -$12.14M | -$15.07M | -$12.03M | -$9.4M | -$7.08M | -$2.91M | -$2.02M | -$2.67M | -$1.25M | -$920K | -$3.14M | $245K | -$1.73M | -$2.56M | -$333K |
| Net Income Margin | -67.8% | -96.3% | -70.6% | -77.5% | -76.1% | -90.9% | -294.7% | -458.6% | -1370.8% | -975.0% | -1025.1% | -1037.0% | -191.8% | -287.5% | -218.6% | -62.5% | -211.3% | -236.2% | -968.8% | -1747.6% | -1078.6% | -988.6% | -1820.3% | -1495.6% | - | - | - | -157.9% | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EPS | -1.74 | -2.39 | -1.40 | -1.07 | -1.03 | -1.17 | -2.07 | -1.60 | -2.50 | -2.25 | -2.76 | -2.93 | -1.68 | -2.91 | -3.15 | -1.06 | -4.66 | -4.69 | -17.19 | -3.82 | -4.65 | -0.24 | -4.46 | -3.61 | -1.01 | -1.39 | -2.03 | -3.68 | -66.71 | 5.20 | -36.66 | -55.68 | -7.48 |
| Diluted EPS | -1.74 | -2.39 | -1.40 | -1.07 | -1.03 | -1.17 | -2.07 | -1.60 | -2.51 | -2.25 | -2.76 | -2.93 | -1.68 | -2.91 | -3.15 | -1.43 | -4.66 | -4.69 | -17.19 | -3.82 | -4.65 | -0.24 | -4.46 | -3.61 | -1.01 | -1.39 | -2.03 | -3.68 | -66.71 | 5.20 | -36.66 | -55.68 | -7.48 |
| Weighted Average OS | 27.86M | 25.88M | 25.33M | 25.00M | 24.36M | 20.29M | 20.29M | 22.33M | 9.30M | 6.69M | 4.99M | 3.53M | 3.25M | 3.01M | 2.38M | 1.84M | 1.27M | 1.10M | 706,448 | 3.94M | 2.59M | 38.53M | 1.59M | 806,031 | 2.00M | 1.93M | 614,530 | 249,697 | 47,133 | 47,133 | 47,133 | 46,019 | 44,551 |
| EBITDA | -$41.23M | -$55.3M | -$33.54M | -$26.05M | -$24.07M | -$25.81M | -$41.53M | -$35.65M | -$25.29M | -$16.4M | -$15.13M | -$11.43M | -$7.19M | -$9.21M | -$5.54M | -$4.43M | -$2.38M | -$4.23M | -$4.09M | -$4.08M | -$11.14M | -$8.59M | -$5.71M | -$1.51M | -$704K | $1M | $552K | $2.46M | -$133K | $584K | -$170K | -$368K | -$234K |
| EBITDA Margin | -57.6% | -86.1% | -66.9% | -75.7% | -72.9% | -88.3% | -291.2% | -455.4% | -1483.4% | -1063.7% | -1126.9% | -1146.5% | -251.9% | -302.7% | -161.5% | -142.0% | -84.6% | -192.9% | -326.2% | -473.0% | -998.7% | -903.5% | -1468.3% | -774.8% | - | - | - | 422.5% | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Assets | |||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $10.24M | $14.05M | $22.12M | $18.16M | $55.51M | $110.75M | $73.64M | $20.17M | $20.12M | $4.95M | $5.59M | $3.9M | $3.88M | $11.48M | $8.13M | $12.66M | $3.89M | $3.51M | $9.23M | $12.31M | $8.62M | $9.31M | $3.61M | $4.16M | $5.99M | $5.68M | $3.17M | $52K | $119K | $6K | $21K | $53K | $336K |
| Short-Term Investments | $7.94M | $21.84M | $66.94M | $61.18M | $29.65M | $0 | $0 | $0 | $0 | $0 | $537K | $0 | $0 | $9.2M | $27K | $63K | $201K | $404K | $0 | $0 | $0 | $0 | $0 | $0 | $1.2M | $2.23M | $1.13M | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $18.18M | $35.88M | $89.06M | $79.34M | $85.16M | $110.75M | $73.64M | $20.17M | $20.12M | $4.95M | $5.59M | $3.9M | $3.88M | $11.48M | $8.13M | $12.72M | $4.1M | $3.92M | $9.23M | $12.31M | $8.62M | $9.31M | $3.61M | $4.16M | $7.2M | $7.91M | $4.3M | $52K | $119K | $6K | $21K | $53K | $336K |
| Accounts Receivable | $9.11M | $11.96M | $7.92M | $4.96M | $3.43M | $7.88M | $2.51M | $2.54M | $326K | $222K | $884K | $855K | $529K | $836K | $948K | $1.3M | $960K | $664K | $1.13M | $853K | $849K | $1.08M | $292K | $986K | $9K | $18K | $8K | $10K | $7K | $14K | $14K | $267K | $3.61M |
| Inventory | $6.93M | $7.27M | $5.6M | $2.13M | $2.13M | $1.65M | $1.13M | $742K | $1.57M | $1.35M | $1.84M | $781K | $833K | $823K | $707K | $636K | $778K | $892K | $745K | $423K | $725K | $338K | $72K | $55K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.27M | -$56K | $18K | $362K | $290K | $201K | $201K | -$426K | $8.22M | $2.6M | $3.09M | $1.44M | $2.39M | $495K | $633K | $165K | $146K | $257K | $262K | $295K | $576K | $0 | $460K | $0 | $16K | $21K | $0 | $0 | $0 | $60K | $0 | $0 | $0 |
| Total Current Assets | $35.49M | $57M | $104.01M | $87.46M | $92.13M | $121.33M | $78.39M | $24.13M | $30.23M | $9.51M | $11.4M | $6.98M | $7.63M | $13.82M | $10.42M | $14.82M | $5.98M | $5.73M | $11.36M | $13.88M | $10.77M | $11.06M | $4.43M | $5.2M | $7.22M | $7.95M | $4.31M | $62K | $125K | $80K | $35K | $320K | $3.94M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $11.53M | $13.59M | $4.32M | $2.05M | $2.81M | $2.94M | $3.71M | $1.31M | $1.01M | $506K | $127K | $175K | $149K | $137K | $87K | $70K | $114K | $156K | $387K | $320K | $543K | $643K | $275K | $366K | $10K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $5.64M | $5.57M | $487K | $465K | $443K | $472K | $364K | $225K | $0 | $0 | $0 | $0 | $0 | $0 | $72K | $2.58M | $3.22M | $3.84M | $4.4M | $4.63M | $6.4M | $7.42M | $8.32M | $10.43M | $0 | $359K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $6.93M | $19.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $250K | $398K | $0 | $0 | $0 | $0 | $106K | $1.89M | $969K | $0 | $1.78M | $2.34M | $6.6M | $6.1M | $7.69M | $6.3M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3.73M | $3.55M | $2.83M | $1.36M | $942K | $761K | $1K | $125K | $0 | $0 | $0 | $0 | $0 | $0 | $2.26M | $0 | $0 | -$48K | -$398K | -$4.63M | $0 | $0 | $0 | $0 | $0 | $139K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $20.9M | $22.71M | $7.63M | $10.81M | $23.88M | $4.17M | $4.08M | $1.66M | $1.01M | $506K | $127K | $175K | $149K | $137K | $2.42M | $2.65M | $3.33M | $4.2M | $4.78M | $320K | $6.94M | $8.06M | $8.6M | $10.9M | $1.89M | $1.48M | $0 | $1.78M | $2.34M | $6.6M | $6.1M | $7.69M | $6.3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $56.39M | $79.71M | $111.64M | $98.26M | $116.02M | $125.5M | $82.46M | $25.78M | $31.24M | $10.01M | $11.53M | $7.15M | $7.78M | $13.95M | $10.58M | $17.47M | $9.31M | $9.93M | $16.14M | $14.2M | $17.71M | $19.12M | $13.03M | $16.11M | $9.12M | $9.43M | $4.31M | $1.84M | $2.47M | $6.68M | $6.14M | $8.01M | $10.24M |
| Liabilities | |||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Accounts Payable | $8.96M | $6.29M | $3.79M | $3M | $2.71M | $3.12M | $4.33M | $1.92M | $273K | $994K | $1.03M | $619K | $1.69M | $962K | $1.02M | $675K | $367K | $319K | $1.76M | $449K | $1.72M | $844K | $303K | $77K | $14K | $36K | $5K | $11K | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $42.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $0 | $6K | $10K | $14K | $68K | $74K | $0 | $0 | $0 | $0 | $0 | $3K | $1K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $33K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $110K | $0 | $283K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.99M | $2.51M | $506K | $456K | $355K | $949K | $560K | $438K | $0 | $0 | $0 | $0 | $0 | $0 | -$746K | $72K | $183K | $222K | $105K | $183K | $649K | $834K | $186K | $5K | $303K | $0 | $0 | $0 | $7K | $66K | $29K | $271K | $256K |
| Total Current Liabilities | $62.68M | $20.16M | $13.2M | $10.69M | $9.15M | $7.39M | $7.71M | $4.48M | $3.9M | $2.56M | $1.75M | $1.24M | $1.79M | $2.43M | $1.45M | $1.59M | $1.22M | $1.18M | $2.24M | $1.26M | $2.61M | $1.84M | $726K | $238K | $947K | $36K | $88K | $20K | $26K | $66K | $115K | $319K | $256K |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $42.24M | $39.81M | $0 | $0 | $0 | $0 | $83K | $182K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.35M | $139K | $418K | $0 | $0 | $0 | $0 | $142K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $290K | $324K | $357K | $698K | $0 | $1.07M | $435K | $429K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $308K |
| Other Long-Term Liabilities | $7.94M | $9.64M | $7.51M | $1.83M | $1.33M | $503K | $0 | $42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.04M | $3.37M | $69K | -$19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $10.37M | $55.05M | $49.38M | $2.83M | $2.25M | $2.46M | $2.35M | $471K | $182K | $0 | $0 | $0 | $0 | $0 | $1.38M | $675K | $3.37M | $69K | $415K | $1.13M | $1.72M | $0 | $445K | $142K | $100K | $63K | $5K | $11K | $0 | $0 | $3K | $0 | $308K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.38M | -$675K | $0 | $0 | $0 | -$1.13M | -$1.72M | $0 | -$445K | $0 | -$100K | -$63K | -$5K | -$11K | $0 | $0 | -$3K | $0 | $0 |
| Total Liabilities | $73.04M | $75.21M | $62.58M | $13.52M | $11.39M | $9.85M | $10.06M | $4.95M | $5.45M | $3.32M | $2.35M | $1.61M | $1.9M | $2.65M | $1.45M | $1.59M | $4.6M | $1.25M | $2.65M | $1.26M | $2.61M | $1.84M | $726K | $590K | $947K | $63K | $88K | $32K | $19K | $66K | $115K | $319K | $564K |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $220.95M | $176.03M | $169.22M | $153.85M | $118.61M | $120.47M | $100.44M | $101.67M | $89.53M | $87.68M | $86.49M | $74.1M | $61.62M | $52.28M | $36.78M | $31.91M | $20.78M | $20.19M | $14.73M | $10.55M | $9.45M | $11.18M | $10.58M | $10.59M | $10.01M |
| Retained Earnings | -$408.4M | -$359.81M | -$297.97M | -$262.59M | -$235.92M | -$221.5M | -$194.91M | -$152.83M | -$201.66M | -$172.65M | -$162.31M | -$149.13M | -$113.46M | -$109.94M | -$95.51M | -$89.17M | -$87.93M | -$82.21M | -$75.98M | -$64.09M | -$49.27M | -$37.27M | -$26.66M | -$18.7M | -$13.77M | -$12.37M | -$10.06M | -$8.74M | -$7.01M | -$4.57M | -$4.56M | -$2.9M | -$1.37M |
| Comprehensive Income & Other | -$1.37M | -$1.94M | -$1.89M | $7.63M | $8.06M | $8.26M | $8.15M | $8.18M | $6.5M | $3.31M | $2.27M | $828K | $731K | $778K | $0 | $3.38M | $3.11M | $3.2M | $2.98M | $2.93M | $2.75M | $4.47M | $2.17M | $2.31M | $1.19M | $1.25M | $0 | $0 | $0 | $0 | $0 | $0 | $1.04M |
| Other Stockholders' Equity | $391.75M | $364.31M | $347.02M | $347.32M | $340.54M | $337.15M | $267.31M | $173.66M | $6.5M | $3.31M | $2.27M | $828K | $731K | $778K | $3.52M | $3.38M | $3.11M | $3.2M | $2.98M | $2.93M | $2.75M | $2.27M | $2.17M | $2.31M | $1.19M | $1.25M | -$1.63M | $0 | -$664K | $0 | -$1 | -$1 | $1.04M |
| Total Equity | -$16.65M | $4.5M | $49.06M | $84.74M | $104.62M | $115.66M | $72.4M | $20.83M | $25.79M | $6.69M | $9.18M | $5.54M | $5.88M | $11.3M | $8.45M | $15.88M | $4.71M | $8.67M | $13.49M | $12.94M | $15.1M | $17.28M | $12.3M | $15.52M | $8.2M | $9.07M | $3.05M | $1.81M | $1.78M | $6.61M | $6.02M | $7.69M | $9.68M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$28K | $296K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $56.39M | $79.71M | $111.64M | $98.26M | $116.02M | $125.5M | $82.46M | $25.78M | $31.24M | $10.01M | $11.53M | $7.15M | $7.78M | $13.95M | $9.9M | $17.47M | $9.31M | $9.93M | $16.14M | $14.2M | $17.71M | $19.12M | $13.03M | $16.11M | $9.14M | $9.13M | $3.13M | $1.84M | $1.8M | $6.68M | $6.14M | $8.01M | $10.24M |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Total Debt | $46.05M | $45.98M | $42.41M | $918K | $1.64M | $878K | $1.92M | $0 | $182K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $52K | $0 | $0 | $10K | $14K | $210K | $74K | $0 | $0 | $0 | $0 | $0 | $3K | $1K | $0 |
| Net Debt | $35.8M | $31.93M | $20.29M | -$17.25M | -$53.87M | -$109.87M | -$71.72M | -$20.17M | -$19.94M | -$4.95M | -$5.59M | -$3.9M | -$3.88M | -$11.48M | -$11.07M | -$12.66M | -$3.89M | -$3.51M | -$9.18M | -$12.31M | -$8.62M | -$9.3M | -$3.59M | -$3.95M | -$5.92M | -$5.68M | -$3.17M | -$52K | -$119K | -$6K | -$18K | -$52K | -$336K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 | 2004-06-30 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | -$48.59M | -$61.84M | -$35.38M | -$26.66M | -$25.14M | -$26.58M | -$42.03M | -$35.9M | -$12.73M | -$11.55M | -$7.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $2.35M | $1.13M | $632K | $568K | $1M | $715K | $465K | $385K | $110K | $146K | $84K | $61K | $66K | $121K | $578K | $700K | $700K | $851K | $459K | $1.28M | $1.31M | $1.24M | $1.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $9.52M | $13.5M | $8.38M | $7M | $6.33M | $5.66M | $16.59M | $2.78M | $0 | $1.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||
| Accounts Receivable | $3.63M | -$4.17M | -$3.3M | -$985K | -$1.19M | -$4.98M | -$582K | $2.82M | -$1.89M | -$49K | -$516K | $1.15M | -$1.3M | $273K | -$98K | -$296K | -$133K | $382K | $349K | -$8K | $234K | $0 | -$144K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$468K | -$2.16M | -$3.69M | -$371K | -$144K | -$745K | -$468K | $24K | -$94K | $334K | -$777K | $206K | -$20K | -$51K | -$80K | $125K | $112K | -$179K | -$20K | $276K | -$390K | $0 | -$24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.75M | $340K | $809K | $282K | $0 | -$1.33M | $2.31M | $99K | $0 | $0 | $0 | -$703K | -$541K | $618K | $517K | $282K | $578K | -$988K | -$243K | -$1.19M | $833K | $0 | -$22K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.47M | $1.31M | -$386K | -$122K | -$391K | -$299K | $72K | $1.73M | $1.15M | $946K | $542K | $37K | -$118K | -$55K | $397K | -$2.21M | $3.41M | $138K | $28K | $206K | -$286K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $3.44M | -$4.68M | -$6.57M | -$1.2M | -$1.73M | -$7.36M | $1.33M | $4.68M | -$831K | $1.23M | -$751K | $692K | -$1.98M | $785K | $736K | -$2.1M | $3.97M | -$647K | $114K | -$716K | $391K | $0 | -$191K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $2.09M | $2.96M | -$5.07M | $1.21M | $1.5M | $1.66M | $895K | $707K | $496K | $154K | $1.15M | -$7.77M | -$4.84M | -$8.94M | -$5.66M | -$1.29M | -$6.35M | -$4.52M | -$4.02M | -$8.86M | -$11.65M | -$7.88M | -$7.25M | -$1.88M | -$580K | -$813K | -$629K | -$272K | -$296K | -$689K | -$536K | -$760K | $49K |
| Net Cash from Operating | -$31.2M | -$48.94M | -$38.01M | -$19.09M | -$18.04M | -$25.9M | -$22.75M | -$27.53M | -$12.96M | -$8.43M | -$7.3M | -$7.02M | -$6.76M | -$8.04M | -$4.35M | -$2.69M | -$1.69M | -$4.32M | -$3.44M | -$8.3M | -$9.95M | -$6.64M | -$6.09M | -$1.88M | -$580K | -$813K | -$629K | -$272K | -$296K | -$689K | -$536K | -$760K | $49K |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | -$1M | -$9.17M | -$1.38M | -$452K | -$487K | -$894K | -$590K | -$1.84M | -$365K | -$426K | -$47K | -$30K | -$71K | -$76K | -$77K | -$89K | -$71K | -$71K | -$108K | -$80K | -$135K | $0 | -$147K | -$27K | -$7K | -$7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $429 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 | $0 | -$1.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$13.31M | -$24.5M | -$78.76M | -$74.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$882K | -$3.19M | $0 | -$306K | -$57K | -$995K | -$731K | -$2.68M | -$3.33M |
| Sales of Investments | $27.5M | $71.2M | $81.81M | $55.55M | $0 | $0 | $0 | $0 | $0 | $618K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $753K | $392K | $1.09M | $0 | $423K | $435K | $1.53M | $917K | $27K | $0 |
| Other Investing Activities | -$734K | -$162K | -$66K | -$73K | -$49.72M | -$280K | -$257K | $0 | $0 | $0 | $0 | -$12K | $2K | $0 | $0 | $0 | $0 | -$5K | -$69K | $4K | -$40K | -$461K | $0 | $3K | $9K | -$95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $12.45M | $37.36M | $1.61M | -$19.33M | -$50.21M | -$1.17M | -$847K | -$1.84M | -$365K | $192K | -$47K | -$42K | -$69K | -$76K | -$77K | -$89K | -$71K | -$76K | -$133K | -$76K | -$175K | -$461K | -$147K | -$917K | -$489K | -$2.2M | $0 | $117K | $378K | $539K | $186K | -$2.65M | -$3.33M |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | -$38.76M | - | $11K | $11K | $42K | $89K | $61K | - | - | - | - | - | - | -$201K | -$239K | $375K | $13K | - | $7K | $4K | $75K | $7K | -$42K | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $14.14M | $0 | $0 | $0 | $0 | $69.11M | $81.7M | $42.25M | $22.78M | $8.41M | $9.13M | $4.74M | $0 | $9.48M | $0 | $13.37M | $1.68M | $0 | $3K | $11.67M | $7.42M | $11.73M | $5.09M | $769K | $1.1M | $4.29M | $2.66M | $0 | $0 | $0 | $187K | $257K | $6.78M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$95K | -$218K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $795K | $3.51M | $1.61M | $900K | $64.08M | -$5.05M | -$4.6M | $330K | -$1.43M | -$299K | $0 | $1.4M | $0 | $1.3M | -$2K | -$2.19M | $386K | $131K | $248 | $153K | $2.03M | -$348K | $1.92M | -$211K | $0 | -$134K | $0 | $0 | $0 | $0 | $0 | $0 | -$846K |
| Net Cash from Financing | $14.94M | $3.51M | $40.37M | $900K | $64.06M | $64.05M | $77.06M | $42.49M | $21.29M | $8.11M | $9.13M | $6.14M | $0 | $10.79M | -$97K | $11.17M | $2.3M | -$243K | -$10K | $11.83M | $9.45M | $11.38M | $6.93M | $551K | $1.14M | $4.15M | $2.66M | $0 | $0 | $0 | $187K | $257K | $5.93M |
| Forex Effect | $0 | $0 | -$16K | -$26K | $41.29M | $133K | $3K | $223K | $102K | -$837K | $42K | -$606K | $9.2M | -$2.65M | $5.14M | -$8.42M | -$537K | $3.48M | -$5.71M | $1.35M | $9.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$3.81M | -$8.07M | $3.95M | -$37.55M | $37.11M | $37.11M | $53.47M | $13.43M | $8.07M | -$254K | $1.83M | -$1.53M | $2.38M | $6K | $620K | -$23K | -$8K | -$4.03M | -$3.68M | $3.16M | -$499K | $4.28M | $439K | -$1.43M | $335K | $1.5M | $2.03M | -$49K | $82K | -$9K | -$25K | -$2.98M | $2.64M |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | -$31.2M | -$48.94M | -$38.01M | -$19.09M | -$18.04M | -$25.9M | -$22.75M | -$28.12M | -$12.96M | -$8.43M | -$7.3M | -$7.02M | -$6.76M | -$8.04M | -$4.35M | -$2.69M | -$1.69M | -$4.32M | -$3.44M | -$8.3M | -$9.95M | -$6.64M | -$6.09M | -$1.88M | -$580K | -$813K | -$629K | -$272K | -$296K | -$689K | -$536K | -$760K | $49K |
| Capital Expenditure | -$1.74M | -$9.33M | -$1.45M | -$525K | -$487K | -$1.17M | -$847K | -$1.51M | -$365K | -$426K | -$47K | -$42K | -$74K | -$93K | -$77K | -$77K | -$87K | -$81K | -$105K | -$87K | -$185K | $0 | -$212K | -$27K | -$7K | -$101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$32.93M | -$58.27M | -$39.46M | -$19.61M | -$18.52M | -$27.07M | -$23.59M | -$29.63M | -$13.32M | -$8.85M | -$7.35M | -$7.06M | -$6.83M | -$8.13M | -$4.44M | -$2.77M | -$1.78M | -$4.4M | -$3.55M | -$8.39M | -$10.14M | -$6.64M | -$6.3M | -$1.08M | -$309K | -$554K | -$629K | -$166K | -$296K | -$549K | -$399K | -$589K | $33K |
| Cash at Beginning | $14.05M | $22.12M | $18.16M | $55.71M | $73.84M | $73.84M | $20.37M | $15.71M | $2.91M | $4.06M | $3.06M | $2.8M | $9.99M | $7.51M | $12.96M | $4.13M | $2.95M | $6.83M | $11.77M | $7.27M | $6.86M | $2.77M | $2.1M | $3.61M | $3.04M | $1.76M | $34K | $81K | $4K | $14K | $39K | $3.02M | $0 |
| Cash at End | $10.24M | $14.05M | $22.12M | $18.16M | $110.95M | $110.95M | $73.84M | $29.14M | $10.98M | $3.8M | $4.17M | $2.27M | $3.43M | $9.68M | $8.42M | $13.54M | $3.28M | $2.81M | $8.1M | $10.43M | $6.36M | $7.05M | $2.54M | $2.19M | $3.39M | $3.26M | $2.07M | $32K | $85K | $5K | $13K | $40K | $2.64M |