SAVA (SAVA)
Cassava Sciences, Inc.
NASDAQ:SAVAHealthcare · Biotechnology
$2.38
Mkt Cap-
Float42.98M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$90.97M
Total Assets$118.36M
Free Cash Flow-$32.83M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$74.4M
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1.4:1Forward splitDec 21, 20231 share → 1.4
- 1:7Reverse splitMay 10, 20177 shares → 1
Balance Sheet Details
Assets$118.36M
Liabilities$43.95M
Accounts Receivable$120K
Accounts Payable$41.65M
Inventory$0
PP&E (Net)$20.65M
Goodwill$0
Intangible Assets$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.12M | $10.89M | $11.48M | $16.81M | $20.56M | $63.73M | $65.98M | $53.92M | $5.08M | $0 | $0 | $114K | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | 277.6% | -5.2% | -31.7% | -18.3% | -67.7% | -3.4% | 22.4% | 961.4% | - | - | - | - | - | - | - |
| Cost of Revenue | $936K | $1.13M | $89.42M | $68.03M | $534K | $3.05M | $1.57M | $69K | $68K | $58K | $45K | $7K | $5K | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.16M | -$1.54M |
| Gross Profit | -$936K | -$1.13M | -$89.42M | -$68.03M | -$534K | -$3.05M | -$1.57M | -$69K | -$68K | -$58K | -$45K | -$7K | $41.11M | $10.88M | $11.48M | $16.81M | $20.56M | $63.73M | $65.98M | $53.92M | $5.08M | $0 | $0 | $114K | $0 | $6.16M | $1.54M |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | 100.0% | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | 100.0% | - | - | - |
| Research and Development | $26.59M | $69.64M | $89.42M | $68.93M | $24.81M | $7.25M | $6.3M | $2.97M | $7.62M | $9.18M | $9.1M | $7.31M | $4.92M | $7.61M | $8.3M | $15.75M | $21.06M | $45.82M | $47.73M | $46.8M | $32.94M | $35.09M | $18.91M | $11.4M | $11.67M | $12.6M | $2.09M |
| Selling, General, and Administrative | $68.8M | $71.81M | $16.53M | $11.99M | $8.05M | $3.74M | $3.39M | $3.69M | $4.33M | $5.78M | $5.1M | $5.13M | $4.84M | $7.18M | $6.7M | $14.77M | $6.26M | $9.2M | $8.09M | $7.67M | $4.86M | $3.87M | $3.34M | $5.52M | $5.65M | $7.71M | $2.57M |
| Other | -$936K | -$69.64M | -$89.42M | -$68.93M | -$28.71M | -$7.6M | -$6.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33.84M | $0 | $6.16M | $1.54M |
| Total Operating Expenses | $94.45M | $141.45M | $16.53M | $11.99M | $32.87M | $3.39M | $3.39M | $6.66M | $11.95M | $14.96M | $14.2M | $12.43M | $9.75M | $14.79M | $15M | $30.51M | $27.32M | $55.01M | $55.81M | $54.47M | $37.8M | $38.96M | $22.25M | -$16.92M | $17.31M | $26.46M | $6.2M |
| Operating Income (EBIT) | -$95.39M | -$141.45M | -$105.96M | -$80.02M | -$32.87M | -$6.45M | -$4.96M | -$6.66M | -$11.95M | -$14.96M | -$14.2M | -$12.43M | $31.36M | -$3.9M | -$3.51M | -$13.7M | -$6.75M | $8.71M | $10.17M | -$553K | -$32.72M | -$38.96M | -$22.25M | $16.92M | -$17.31M | -$20.3M | -$4.66M |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | 76.3% | -35.8% | -30.6% | -81.5% | -32.8% | 13.7% | 15.4% | -1.0% | -644.0% | - | - | 14841.2% | - | - | - |
| Interest Expense | $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 |
| Interest Income | $4.62M | $8.51M | $7.83M | $2.78M | $49K | $112K | $328K | $105K | $38K | $107K | $57K | $47K | $106K | $451K | $901K | $1.68M | $1.78M | $6.02M | $0 | $0 | $0 | $0 | $634K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $4.42M | $117.1M | $8.74M | $3.77M | $483K | $112K | $328K | $105K | $38K | $107K | $57K | $47K | $106K | $451K | $901K | $1.68M | $1.78M | $6.02M | $10.14M | $9.67M | $2.05M | $1.19M | $634K | -$32.84M | $2.98M | $2.83M | $161K |
| Income Before Tax (EBT) | -$90.97M | -$24.34M | -$97.22M | -$76.25M | -$32.38M | -$6.33M | -$4.63M | -$6.56M | -$11.91M | -$14.85M | -$14.14M | -$12.39M | $31.47M | -$3.45M | -$2.61M | -$12.02M | -$4.98M | $14.73M | $20.3M | $9.12M | -$30.67M | -$37.78M | -$21.62M | -$15.93M | -$14.34M | -$17.48M | -$4.5M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38K | -$107K | -$57K | -$47K | -$73K | $0 | $0 | $0 | -$1.51M | -$617K | $0 | $2.93M | $0 | $0 | $0 | $0 | $800 | $800 | $800 |
| Net Income | -$90.97M | -$24.34M | -$97.22M | -$76.25M | -$32.38M | -$6.33M | -$4.63M | -$6.56M | -$11.91M | -$14.85M | -$14.14M | -$12.39M | $31.54M | -$3.45M | -$2.61M | -$12.02M | -$3.47M | $15.35M | $20.3M | $6.19M | -$30.67M | -$37.78M | -$21.62M | -$15.93M | -$14.34M | -$17.48M | -$4.5M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | 76.7% | -31.6% | -22.8% | -71.5% | -16.9% | 24.1% | 30.8% | 11.5% | -603.7% | - | - | -13969.3% | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -1.88 | -0.53 | -2.32 | -1.80 | -0.81 | -0.22 | -0.24 | -0.61 | -1.82 | -2.28 | -2.16 | -1.92 | 4.90 | -0.54 | -0.41 | -1.97 | -0.58 | 2.52 | 3.22 | 0.98 | -4.90 | -7.10 | -5.13 | -4.12 | -3.96 | -5.01 | -0.09 |
| Diluted EPS | -1.88 | -0.52 | -2.32 | -1.80 | -0.81 | -0.22 | -0.24 | -0.61 | -1.82 | -2.28 | -2.16 | -1.92 | 4.90 | -0.54 | -0.41 | -1.97 | -0.58 | 2.45 | 3.08 | 0.98 | -4.90 | -7.10 | -5.13 | -4.12 | -3.96 | -5.01 | -0.09 |
| Weighted Average OS | 48.30M | 46.33M | 41.93M | 40.20M | 39.41M | 26.11M | 17.41M | 10.68M | 6.54M | 6.52M | 6.54M | 6.47M | 6.43M | 6.39M | 6.31M | 6.09M | 6.02M | 6.04M | 6.31M | 6.31M | 6.26M | 5.32M | 4.21M | 3.86M | 3.62M | 3.49M | 47.79M |
| EBITDA | -$94.45M | -$141.15M | -$104.43M | -$78.72M | -$32.33M | -$6.77M | -$4.9M | -$6.49M | -$11.84M | -$14.79M | -$14.1M | -$12.37M | $31.49M | -$3.9M | -$3.51M | -$13.7M | -$6.75M | $9.16M | $10.53M | -$553K | -$30.3M | -$37.39M | $0 | $0 | -$15.87M | -$14.15M | -$3.12M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | 76.6% | -35.8% | -30.6% | -81.5% | -32.8% | 14.4% | 16.0% | -1.0% | -596.5% | - | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $95.5M | $128.57M | $121.14M | $201.01M | $233.44M | $93.51M | $23.08M | $19.81M | $10.48M | $18.71M | $31.3M | $40.59M | $49.84M | $56.25M | $73.14M | $4.8M | $35.79M | $153.16M | $86.57M | $16.39M | $95.65M | $1.38M | $12.03M | $50.09M | $65.27M | $78.93M | $9.34M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24.99M | $86.43M | $139.97M | $36.94M | $118.5M | $188.01M | $117M | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $95.5M | $128.57M | $121.14M | $201.01M | $233.44M | $93.51M | $23.08M | $19.81M | $10.48M | $18.71M | $31.3M | $40.59M | $49.84M | $56.25M | $98.13M | $91.23M | $175.76M | $190.09M | $205.07M | $204.4M | $212.65M | $1.38M | $12.03M | $50.09M | $65.27M | $78.93M | $9.34M |
| Accounts Receivable | $120K | $947K | $962K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.11M | $0 | $0 | $0 | $0 | $889K | $0 | $0 | $55K | $117K | $445K | $15K |
| Inventory | $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 Current Assets | $1.59M | $6.21M | $6.78M | $160K | $10.38M | $31K | $268K | $233K | $184K | $356K | $392K | $239K | $265K | $253K | $358K | $144K | $2.71M | $541K | $303K | $2.71M | $0 | $0 | $0 | $0 | $0 | $401K | $41K |
| Total Current Assets | $97.71M | $136.53M | $129.63M | $211.23M | $244.48M | $93.99M | $23.35M | $20.04M | $10.66M | $19.07M | $31.69M | $40.83M | $50.1M | $56.51M | $98.49M | $98.48M | $178.47M | $190.64M | $205.37M | $207.11M | $214.16M | $99.66M | $78.75M | $51.25M | $65.71M | $79.77M | $9.4M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $20.65M | $20.96M | $21.85M | $22.99M | $20.83M | $306K | $137K | $100K | $200K | $300K | $200K | $100K | $0 | $0 | $122K | $285K | $517K | $774K | $1.61M | $1.27M | $1.56M | $1.46M | $1.69M | $2M | $2.35M | $1.3M | $45K |
| 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 |
| Intangible Assets | $0 | $37K | $176K | $622K | $1.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $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 |
| 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 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $399K | $0 | $0 | -$1K | -$32K | -$68K | $27K | -$23K | $0 | $352K | $352K | $426K | $3.02M | $2.03M | $644K | $75K | $75K | $75K | $75K | $75K | $75K | $75K | $0 |
| Total Long-Term Assets | $20.65M | $21M | $22.03M | $23.61M | $22.3M | $306K | $137K | $99K | $168K | $232K | $227K | $77K | $0 | $352K | $474K | $711K | $3.53M | $2.8M | $2.25M | $1.34M | $1.63M | $1.54M | $1.76M | $2.08M | $2.42M | $1.37M | $45K |
| 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 |
| Total Assets | $118.36M | $157.53M | $151.66M | $234.83M | $266.78M | $94.3M | $23.49M | $20.14M | $10.83M | $19.3M | $31.92M | $40.91M | $50.1M | $56.86M | $98.96M | $99.19M | $182M | $193.44M | $207.63M | $208.46M | $215.79M | $101.19M | $80.51M | $53.33M | $68.14M | $81.15M | $9.44M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $41.65M | $7.65M | $10.57M | $4.02M | $7.13M | $911K | $453K | $294K | $424K | $303K | $1.03M | $173K | $445K | $361K | $464K | $1.11M | $1.32M | $2.22M | $3.62M | $985K | $998K | $877K | $3.44M | $2.65M | $2.17M | $2.31M | $301K |
| Short-Term Debt | $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 Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.83M | $10.9M | $10.9M | $14.35M | $14.35M | $14.35M | $26.2M | $26.2M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $562K | $45K | $3.42M | $662K | $631K | $177K | $67K | $156K | $399K | $27K | $894K | $25K | $644K | $953K | $915K | $0 | $0 | $0 | $0 | $2.78M | $0 | $0 | -$510K | -$453K | $471 | $139K | $0 |
| Total Current Liabilities | $43.83M | $11.75M | $14.2M | $7.06M | $12.53M | $1.86M | $1.39M | $511K | $1.13M | $665K | $2.55M | $850K | $1.8M | $10M | $13.27M | $14.07M | $18.51M | $20.11M | $20.66M | $36.65M | $32.35M | $7.8M | $3.95M | $3.1M | $2.52M | $2.45M | $301K |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $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 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.29M | $40.86M | $51.76M | $53.8M | $68.15M | $82.5M | $93.89M | $120.09M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $437K | $435K | $431K | $1.44M | $882K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $118K | $79K | $0 | $197K | $194K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $553K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $118K | $79K | $0 | $232K | $333K | $235K | $0 | $294K | $424K | $303K | $1.03M | $173K | $445K | $33.72M | $41.3M | $52.19M | $55.24M | $69.04M | $83.05M | $93.89M | $120.09M | $877K | $3.44M | $2.65M | $2.17M | $2.31M | $301K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$294K | -$424K | -$303K | -$1.03M | -$173K | -$445K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$877K | -$3.44M | -$2.65M | -$2.17M | -$2.31M | -$301K |
| Total Liabilities | $43.95M | $11.83M | $14.2M | $7.29M | $12.87M | $2.1M | $1.39M | $511K | $1.13M | $665K | $2.55M | $850K | $1.8M | $43.72M | $54.57M | $66.26M | $73.75M | $89.15M | $103.71M | $130.54M | $152.44M | $7.8M | $3.95M | $3.1M | $2.52M | $2.45M | $301K |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $416K | $0 | $0 | $0 | $0 | $0 | $1.65M | $5.1M | $9.71M |
| Common Stock | $48K | $48K | $42K | $42K | $40K | $35K | $22K | $17K | $7K | $46K | $46K | $46K | $45K | $45K | $45K | $43K | $42K | $42K | $44K | $44K | $44K | $44K | $35K | $27K | $27K | $27K | $9K |
| Retained Earnings | -$496.08M | -$405.11M | -$380.77M | -$283.55M | -$207.31M | -$174.92M | -$168.59M | -$163.96M | -$157.4M | -$145.49M | -$130.64M | -$116.49M | -$104.11M | -$135.65M | -$132.21M | -$129.59M | -$117.57M | -$114.1M | -$118.13M | -$136.51M | -$142.69M | -$112.02M | -$74.25M | -$52.63M | -$36.71M | -$22.37M | -$4.89M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$900K | -$800K | -$700K | -$700K | $1K | $1K | $4K | $128K | $525K | $347K | $325K | $584K | -$372K | -$479K | -$544K | $43K | -$426K | -$1.91M | -$5.15M | -$5.05M |
| Other Stockholders' Equity | $570.44M | $550.77M | $518.2M | $511.05M | $461.18M | $267.09M | $190.66M | $183.57M | $167.09M | $164.08M | $159.96M | $156.5M | $152.36M | $148.74M | $176.55M | $162.48M | $225.78M | $218.35M | $222M | $214.38M | $206.01M | $205.38M | $150.78M | $102.83M | $102.3M | $101.04M | $14.02M |
| Total Equity | $74.4M | $145.7M | $137.47M | $227.54M | $253.91M | $92.2M | $22.1M | $19.63M | $9.7M | $18.64M | $29.37M | $40.06M | $48.3M | $13.14M | $44.39M | $32.93M | $108.25M | $104.29M | $103.91M | $77.92M | $63.36M | $93.4M | $76.56M | $50.22M | $65.62M | $78.69M | $9.14M |
| 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 | $0 | $0 | $0 |
| Total Liabilities and Equity | $118.36M | $157.53M | $151.66M | $234.83M | $266.78M | $94.3M | $23.49M | $20.14M | $10.83M | $19.3M | $31.92M | $40.91M | $50.1M | $56.86M | $98.96M | $99.19M | $182M | $193.44M | $207.63M | $208.46M | $215.79M | $101.19M | $80.51M | $53.33M | $68.14M | $81.15M | $9.44M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $139K | $236K | $293K | $90K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$95.5M | -$128.57M | -$121.14M | -$200.88M | -$233.2M | -$93.21M | -$22.99M | -$19.81M | -$10.48M | -$18.71M | -$31.3M | -$40.59M | -$49.84M | -$56.25M | -$73.14M | -$4.8M | -$35.79M | -$153.16M | -$86.57M | -$16.39M | -$95.65M | -$1.38M | -$12.03M | -$50.09M | -$65.27M | -$78.93M | -$9.34M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$90.97M | -$24.34M | -$97.22M | -$76.25M | -$32.38M | -$6.33M | -$4.63M | -$6.56M | -$11.91M | -$14.85M | -$14.14M | -$12.39M | $31.54M | -$3.45M | -$2.61M | -$12.02M | -$3.47M | $15.35M | $20.3M | $6.19M | -$30.67M | -$37.78M | -$21.62M | -$15.93M | -$14.34M | -$17.48M | -$4.5M |
| Depreciation & Amortization | $936K | $1.13M | $1.53M | $1.3M | $534K | $22K | $58K | $69K | $68K | $58K | $45K | $15K | $122K | $122K | $163K | $232K | $257K | $452K | $356K | -$25.86M | $368K | $383K | $341K | $349K | $1.44M | $6.16M | $1.54M |
| Deferred Income Tax | $0 | $0 | $0 | -$8.12M | $3.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.61M | $0 | $0 | -$9.82M | -$6.29M | -$6.43M | -$248K | -$401K | -$139K | -$1.2M | $0 | $0 | $0 |
| Stock-Based Compensation | $19.58M | $16.29M | $4.59M | $2.07M | $1.76M | $988K | $1.3M | $2.39M | $2.97M | $4.33M | $3.46M | $3.76M | $3.1M | $6.61M | $5.43M | $20.13M | $6.66M | $10.21M | $6.29M | $6.47M | $248K | $401K | $139K | $1.2M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$513K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $33.99M | -$2.92M | $6.9M | -$3.45M | $6.21M | $458K | $159K | -$130K | $129K | -$711K | $841K | -$272K | $84K | -$103K | -$643K | -$210K | -$899K | -$1.41M | $2.64M | -$13K | $121K | -$1.35M | $793K | -$143K | $0 | $0 | $0 |
| Other Working Capital | $4.21M | $1.09M | $2.18M | -$1.19M | -$6.32M | -$170K | $604K | -$540K | $506K | -$1.06M | $753K | -$665K | -$547K | -$55K | $7.16M | $6.29M | -$17.26M | -$14.89M | -$28.04M | $3.12M | $143.26M | $6.26M | -$163K | $9K | $473K | $1.29M | $144K |
| Total Working Capital Change | $38.2M | -$1.83M | $9.08M | -$4.63M | -$104K | $288K | $763K | -$670K | $635K | -$1.77M | $1.59M | -$937K | -$463K | -$158K | $6.52M | $760K | -$18.16M | -$16.3M | -$25.4M | $3.1M | $143.39M | $4.91M | $630K | -$134K | $473K | $1.29M | $144K |
| Other Non-Cash Items | $0 | -$108.18M | $0 | $8.12M | -$3.39M | -$346K | $0 | $2.66M | -$2K | -$8K | -$4K | -$2K | -$41.25M | -$10.3M | -$12.37M | -$9.24M | $22K | $11.28M | $6.97M | $4.7M | $148K | -$83K | $139K | $212K | $50K | $2.65M | $122K |
| Net Cash from Operating | -$32.25M | -$116.93M | -$82.03M | -$77.51M | -$30.2M | -$5.38M | -$2.51M | -$4.77M | -$8.24M | -$12.23M | -$9.05M | -$9.55M | -$6.95M | -$7.17M | -$260K | -$143K | -$14.69M | $11.16M | $2.23M | -$11.83M | $113.23M | -$32.57M | -$20.51M | -$15.5M | -$12.37M | -$7.39M | -$2.69M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$581K | -$103K | -$414K | -$2.71M | -$22.21M | $0 | -$18K | $0 | $0 | -$75K | -$195K | -$80K | $0 | $0 | $0 | $0 | $0 | -$2.12M | -$696K | -$94K | -$463K | -$156K | -$26K | -$7K | -$1.34M | -$1.3M | -$39K |
| Acquisitions | $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 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$399K | -$4.14M | -$3.85M | -$2.6M | -$6.64M | -$20.77M | -$2.5M | -$65.75M | -$154M | -$2.12M | -$138.39M | -$136.12M | -$93.59M | -$114.07M | -$68.83M | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.5M | $2.05M | $3.85M | $3.85M | $12.3M | $38.39M | $62.4M | $118.22M | $50.77M | $82.36M | $208.18M | $67.07M | $74.77M | $81.34M | $3.53M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $360K | $0 | $0 | $2K | -$2K | $3 | $1K | $6K | $18K | $0 | $0 | $0 | $2.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$581K | -$103K | -$414K | -$2.71M | -$22.21M | $360K | -$18K | $0 | $2.1M | -$2.17M | -$192K | $1.17M | $5.66M | $17.62M | $59.9M | $52.46M | -$103.23M | $80.24M | $69.09M | -$69.14M | -$19.28M | -$32.88M | -$65.32M | -$7K | -$1.34M | -$1.3M | -$39K |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | -$239K | $124.47M | $2.56M | $47.33M | $189.82M | $75.19M | $5.87M | $14.1M | $0 | $0 | $0 | $379K | $524K | $0 | $9.04M | $2.08M | $564K | $1.1M | $2.65M | $1.64M | $321K | $54.8M | $47.77M | $322K | $61K | $78.22M | $9.73M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$60K | $0 | $0 | $0 | $0 | $0 | $0 | -$366 | $0 | $0 | $0 | -$26.21M | -$3.79M | $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 | -$85.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $475K | $2.52M | $256K | $0 | $0 | $0 | -$284K | -$46K | $0 | $0 | -$34.24M | -$339K | -$85.4M | -$9K | $298K | $0 | $62K | $0 | $0 | $0 | $0 | -$352 | $50K | $5K |
| Net Cash from Financing | -$239K | $124.47M | $2.56M | $47.8M | $192.34M | $75.45M | $5.81M | $14.1M | $0 | -$284K | -$46K | $379K | $524K | -$34.24M | $8.7M | -$83.32M | $555K | -$24.81M | -$1.14M | $1.7M | $321K | $54.8M | $47.77M | $322K | $61K | $78.27M | $9.74M |
| Forex Effect | $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 |
| Net Change in Cash | -$33.07M | $7.44M | -$79.88M | -$32.42M | $139.93M | $70.42M | $3.27M | $9.33M | -$6.14M | -$14.68M | -$9.29M | -$8M | -$767K | -$23.79M | $68.35M | -$31M | -$117.36M | $66.59M | $70.18M | -$79.27M | $94.27M | -$10.65M | -$38.06M | -$15.18M | -$13.65M | $69.59M | $7.01M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$32.25M | -$116.93M | -$82.03M | -$77.51M | -$30.2M | -$5.38M | -$2.51M | -$4.77M | -$8.24M | -$12.23M | -$9.05M | -$9.55M | -$6.95M | -$7.17M | -$260K | -$143K | -$14.69M | $11.16M | $2.23M | -$11.83M | $113.23M | -$32.57M | -$20.51M | -$15.5M | -$12.37M | -$7.39M | -$2.69M |
| Capital Expenditure | -$581K | -$103K | -$414K | -$2.71M | -$22.21M | $0 | -$18K | $0 | $0 | -$75K | -$195K | -$80K | $0 | $0 | $0 | $0 | $0 | -$2.12M | -$696K | -$94K | -$463K | -$156K | -$26K | -$7K | -$1.34M | -$1.3M | -$39K |
| Free Cash Flow | -$32.83M | -$117.03M | -$82.44M | -$80.23M | -$52.41M | -$5.38M | -$2.53M | -$4.77M | -$8.24M | -$12.31M | -$9.25M | -$9.63M | -$6.95M | -$7.17M | -$260K | -$143K | -$14.69M | $9.04M | $1.53M | -$11.92M | $112.77M | -$32.73M | -$20.53M | -$15.51M | -$13.71M | -$8.69M | -$2.73M |
| Cash at Beginning | $128.57M | $121.14M | $201.01M | $233.44M | $93.51M | $23.08M | $19.81M | $10.48M | $16.61M | $31.3M | $40.59M | $48.59M | $49.35M | $73.14M | $4.8M | $35.79M | $153.16M | $86.57M | $16.39M | $95.65M | $1.38M | $12.03M | $50.09M | $65.27M | $78.93M | $9.34M | $2.33M |
| Cash at End | $95.5M | $128.57M | $121.14M | $201.01M | $233.44M | $93.51M | $23.08M | $19.81M | $10.48M | $16.61M | $31.3M | $40.59M | $48.59M | $49.35M | $73.14M | $4.8M | $35.79M | $153.16M | $86.57M | $16.39M | $95.65M | $1.38M | $12.03M | $50.09M | $65.27M | $78.93M | $9.34M |