Savara Inc (SVRA)
Savara Inc. is a biopharmaceutical firm in the clinical development phase, specializing in therapies for uncommon respiratory conditions. Their primary investigational drug, molgramostim, is an inhaled form of granulocyte-macrophage colony-stimulating factor (GM-CSF). This compound is currently undergoing Phase III trials to address autoimmune pulmonary alveolar proteinosis. The company's main operations are situated in Austin, Texas.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Savara Inc.
NASDAQ:SVRAHealthcare · Biotechnology
-2.63%$4.82
AH$4.87+1.04%vs close
Mkt Cap$990.32M
Float143.33M
O/S205.46M
Vol
$ Vol
RVOL
Inst Own-
SI20.1%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$118.84M
Total Assets$253.44M
Free Cash Flow-$101.06M
Debt & Equity
Debt 13%
Equity 87%
Total Debt$29.91M
Total Equity$203.13M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SVRA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$253.44M
Liabilities$50.3M
Accounts Receivable$1.25M
Accounts Payable$5.76M
Inventory$0
PP&E (Net)$100K
Goodwill$0
Intangible Assets$11.64M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $257K | $0 | $0 | $0 | $400K | $54 | $2K | $0 | $0 | $0 | $489K | $300K | $500K | $500K | $0 | $496K | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | 740640.7% | -96.5% | - | - | - | - | 63.0% | -40.0% | 0.0% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $245K | $78.03M | $44.26M | $27.88M | $28.99M | $35.04M | $38.78M | $526K | $363K | $0 | $146K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$245K | -$78.03M | -$44.26M | -$27.88M | -$28.99M | -$34.78M | -$38.78M | -$526K | -$363K | $400K | -$146K | $2K | $0 | $0 | $0 | $489K | $300K | $500K | $500K | $0 | $496K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | -13533.5% | - | - | - | 100.0% | -270270.4% | 100.0% | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | - | 100.0% | - | - | - | - | - |
| Research and Development | $81.4M | $78.03M | $44.26M | $27.88M | $28.99M | $35.04M | $38.78M | $37.17M | $18.51M | $8.18M | $28.26M | $19.43M | $12.9M | $8.09M | $5.76M | $3.69M | $6.51M | $17.92M | $15.93M | $12M | $8.68M | $2.74M | $749K | $283K | $946K | $1.02M |
| Selling, General, and Administrative | $42.06M | $25.04M | $15.67M | $10.93M | $12.35M | $11.96M | $12.86M | $10.65M | $11.08M | $2.82M | $10.96M | $9.49M | $8.52M | $7.52M | $7.19M | $5.32M | $5M | $9.72M | $8.68M | $7.24M | $4.9M | $4.02M | $1.59M | $1.39M | $2.04M | $794K |
| Other | $87K | -$77.9M | -$44.19M | -$27.85M | -$28.86M | -$32.48M | -$11.4M | $526K | $363K | -$43K | $4K | $0 | -$1K | -$5K | $38K | $20K | $80K | $168K | $198K | $177K | $116K | $41K | $9K | $428K | $7.67M | $0 |
| Total Operating Expenses | $123.3M | $25.17M | $15.74M | $10.96M | $12.49M | $14.52M | $40.24M | $48.35M | $29.96M | $11.35M | $39.37M | $29.01M | $21.46M | $15.7M | $13.4M | $9.03M | $11.59M | $27.81M | $24.81M | $19.41M | $13.7M | $6.8M | $2.34M | $2.1M | $10.66M | $3.72M |
| Operating Income (EBIT) | -$123.55M | -$103.2M | -$60.01M | -$38.84M | -$41.48M | -$49.3M | -$79.03M | -$70.05M | -$29.96M | -$10.95M | -$39.37M | -$29.28M | -$21.54M | -$15.63M | -$13.4M | -$8.54M | -$11.29M | -$27.31M | -$24.31M | -$29.84M | -$13.2M | -$6.8M | -$2.34M | -$2.1M | -$10.66M | -$3.72M |
| Operating Margin | - | - | - | - | - | -19182.9% | - | - | - | -2737.0% | -72912963.0% | -1891408.3% | - | - | - | -1746.5% | -3761.9% | -5462.0% | -4862.2% | - | -2661.6% | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $88K | $2.28M | $1.48M | $70K | $11K | $1.16M | $468K | $603K | $0 | $0 | $0 | $11K | $2K | $0 | $0 | $0 | $0 | $0 | $1K | $1K | $54K | $12K | $23K |
| Interest Income | $4.16M | $6.47M | $4.44M | $88 | $2K | $0 | $0 | $0 | $0 | $122K | $130K | $69K | $60K | $74K | $77K | $93K | $7K | $550K | $2.17M | $1.16M | $496K | $103K | $9K | $1K | $32K | $41K |
| Other Income (Expense) | $4.71M | $7.32M | $5.31M | $689K | -$1.54M | -$315K | $852K | $18K | -$3.48M | -$332K | -$469K | $577K | $59K | $69K | -$274K | $89K | -$39K | $662K | $2.17M | $505K | -$11.58M | $103K | $11K | $46K | -$5.7M | $0 |
| Income Before Tax (EBT) | -$118.84M | -$95.88M | -$54.7M | -$38.15M | -$43.01M | -$49.62M | -$78.17M | -$70.03M | -$33.43M | -$11.28M | -$39.84M | -$28.7M | -$21.48M | -$15.56M | -$13.26M | -$8.45M | -$11.33M | -$26.65M | -$22.14M | $29.33M | -$24.78M | -$2.33M | -$2.33M | -$2.05M | -$16.36M | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.51M | -$3.63M | -$357K | $0 | $0 | -$1K | -$5K | -$66K | $0 | $39K | $0 | $0 | $9.92M | $0 | $4.37M | -$11K | $7K | $5.68M | -$17K |
| Net Income | -$118.84M | -$95.88M | -$54.7M | -$38.15M | -$43.01M | -$49.62M | -$78.17M | -$61.52M | -$29.8M | -$10.92M | -$39.84M | -$28.7M | -$21.48M | -$15.56M | -$13.26M | -$8.45M | -$11.33M | -$26.65M | -$22.14M | -$29.33M | -$24.78M | -$6.7M | -$2.33M | -$2.11M | -$16.34M | -$3.7M |
| Net Income Margin | - | - | - | - | - | -19305.4% | - | - | - | -2730.8% | -73781481.5% | -1854134.4% | - | - | - | -1728.3% | -3775.0% | -5329.5% | -4428.4% | - | -4995.9% | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.53 | -0.48 | -0.33 | -0.25 | -0.32 | -0.84 | -2.62 | -1.85 | -1.70 | -3.27 | -17.19 | -16.41 | -19.63 | -22.86 | -32.94 | -44.88 | -169.85 | -516.69 | -430.96 | -693.77 | -724.89 | -231.21 | -120.54 | -235.41 | -1960.07 | -0.08 |
| Diluted EPS | -0.53 | -0.48 | -0.33 | -0.25 | -0.32 | -0.84 | -2.62 | -1.85 | -1.70 | -3.27 | -17.19 | -16.41 | -19.63 | -22.86 | -32.94 | -44.88 | -169.85 | -516.69 | -430.96 | -693.77 | -724.89 | -231.21 | -120.54 | -235.41 | -1960.07 | -0.08 |
| Weighted Average OS | 222.39M | 198.19M | 165.20M | 152.77M | 133.92M | 59.31M | 40.03M | 33.30M | 17.52M | 3.35M | 2.32M | 1.75M | 1.09M | 680,599 | 402,508 | 188,297 | 66,675 | 51,573 | 51,379 | 42,279 | 34,188 | 28,983 | 19,347 | 8,945 | 8,336 | 48.07M |
| EBITDA | -$118.75M | -$102.27M | -$59.13M | -$37.88M | -$40.27M | -$45.41M | -$49.73M | -$69.5M | -$31.91M | -$10.48M | -$39.09M | -$28.62M | -$21.44M | -$15.47M | -$13.22M | -$8.43M | -$11.21M | -$27.14M | -$24.11M | -$29.16M | -$13.09M | -$6.66M | -$2.32M | -$1.72M | $2.72M | -$1.81M |
| EBITDA Margin | - | - | - | - | - | -17670.8% | - | - | - | -2620.5% | -72394444.4% | -1848643.4% | - | - | - | -1724.0% | -3735.3% | -5428.4% | -4822.7% | - | -2638.3% | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $33.18M | $15.13M | $26.59M | $52.1M | $34.01M | $22.88M | $49.8M | $24.3M | $22.12M | $13.37M | $23.05M | $35.81M | $25.68M | $22.5M | $43.57M | $27.98M | $8.67M | $9.85M | $14.78M | $25.97M | $14.63M | $13.03M | $4.23M | $104K | $164K | $1.48M |
| Short-Term Investments | $202.52M | $181.2M | $135.73M | $73.78M | $127.16M | $59.31M | $71.96M | $86.53M | $72.19M | $0 | $17.93M | $21.48M | $18.71M | $14.01M | $7.13M | $0 | $0 | $0 | $18.68M | $25.77M | $7.96M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $235.7M | $196.33M | $162.32M | $125.88M | $161.17M | $82.19M | $121.76M | $110.83M | $94.31M | $13.37M | $40.98M | $57.29M | $44.39M | $36.51M | $50.7M | $27.98M | $8.67M | $9.85M | $33.46M | $51.75M | $22.59M | $13.03M | $4.23M | $104K | $164K | $1.48M |
| Accounts Receivable | $1.25M | $1.04M | $1M | $954K | $1.14M | $1.7M | $1.62M | $1.68M | $1.03M | $868K | $0 | $0 | $0 | $16K | $17K | $2K | $15K | $122K | $72K | $80K | $0 | $0 | $0 | $0 | $36K | $0 |
| Inventory | $0 | $0 | $0 | $2.05M | -$1.14M | $0 | -$1.62M | $0 | $2.48M | $337K | $0 | $0 | $0 | $0 | -$832K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.29M | $455K | $280K | -$1.98M | $1.5M | $0 | $1.62M | $107K | $40K | $94K | $1.27M | $0 | $1.14M | $0 | $815K | $0 | $0 | $0 | $0 | $0 | $10K | $119K | $28K | $0 | $30K | $11K |
| Total Current Assets | $241.62M | $202.13M | $165.95M | $128.95M | $165M | $85.12M | $124.07M | $113.34M | $97.86M | $14.61M | $42.25M | $58.4M | $45.53M | $37.17M | $50.7M | $28.41M | $8.97M | $10.45M | $34.15M | $52.34M | $22.86M | $13.27M | $4.25M | $104K | $230K | $1.57M |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $100K | $165K | $270K | $51K | $73K | $156K | $352K | $522K | $925K | $793K | $226K | $188K | $106K | $198K | $464K | $44K | $44K | $199K | $332K | $403K | $408K | $285K | $21K | $13K | $14K | $6K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.92M | $27.08M | $3.05M | $3.01M | $3.01M | $3.01M | $3.01M | $3.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.3M |
| Intangible Assets | $11.64M | $10.34M | $10.96M | $10.66M | $11.27M | $12.22M | $11.11M | $11.37M | $33.63M | $10.48M | $8.55M | $8.55M | $6.55M | $6.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.1M | -$465K | -$1.13M | -$3.4M | -$3.4M | -$2.61M | -$2.61M | -$1.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.1M | $465K | $995K | $3.4M | $3.4M | $2.61M | $2.61M | $2.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $84K | $242K | $387K | $116K | $251K | $250K | $673K | $131K | $131K | $131K | $183K | $353K | $60K | $44K | $6.59M | $33K | $11K | $61K | $58K | $58K | $355K | $57K | $8K | $13K | $34K | $1K |
| Total Long-Term Assets | $11.82M | $10.74M | $11.62M | $10.82M | $11.6M | $12.62M | $12.14M | $38.94M | $61.76M | $14.32M | $11.96M | $12.1M | $9.72M | $9.8M | $11.15M | $78K | $55K | $260K | $391K | $461K | $763K | $343K | $29K | $26K | $48K | $13.31M |
| 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 |
| Total Assets | $253.44M | $212.88M | $177.56M | $139.78M | $176.6M | $97.75M | $136.2M | $152.29M | $159.63M | $28.93M | $54.22M | $70.5M | $55.25M | $46.97M | $61.86M | $28.49M | $9.03M | $10.71M | $34.54M | $52.8M | $23.62M | $13.61M | $4.28M | $130K | $278K | $14.88M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $5.76M | $4.54M | $3.5M | $1.33M | $1.44M | $2.6M | $3.41M | $3.88M | $2.78M | $536K | $2.6M | $1.37M | $964K | $699K | $452K | $480K | $385K | $1.72M | $552K | $480K | $593K | $532K | $90K | $579K | $430K | $68K |
| Short-Term Debt | $7K | $0 | $0 | $0 | $8.33M | $0 | $2M | $0 | $0 | $0 | $10.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $197K | $54K | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $250K | $2.96M | $2.15M | $9.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $8.08M | $5.02M | $4.05M | $0 | $0 | $1.92M | $0 | $2.44M | -$1.63M | $47K | $8.15M | $1.44M | $2.5M | $1.43M | $1.26M | $865K | $0 | $0 | $0 | $32.03M | $30.63M | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $20.4M | $14.72M | $10.6M | $5.87M | $14.66M | $8.17M | $10.88M | $7.25M | $6.01M | $3.46M | $23.17M | $8.44M | $4.83M | $2.57M | $2.47M | $1.8M | $2.35M | $4.71M | $3.49M | $32.8M | $31.39M | $1.22M | $163K | $926K | $916K | $269K |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $29.91M | $26.62M | $26.35M | $26.08M | $17.32M | $25.1M | $23.11M | $24.53M | $14.78M | $3.45M | $3.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.1M | $0 | $45.29M | -$25K | $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 | $3.1M | $7.18M | $2.31M | $3.4M | $3.4M | $2.61M | $2.61M | $2.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $87K | $247K | $54K | $117K | $84K | $513K | $12.28M | $12.05M | $55.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14K | $36K | $57K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $29.91M | $26.71M | $26.59M | $26.13M | $17.44M | $25.19M | $23.63M | $36.81M | $34.3M | $61.35M | $7.16M | $3.4M | $2.61M | $2.61M | $2.61M | $0 | $0 | $0 | $14K | $36K | $57K | $686K | $0 | $57K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $108.22M | $0 | $0 | $0 | $0 | $0 | $0 | -$774 | $0 | $0 | $0 | $0 | $0 | $0 | -$686K | $0 | $0 | $0 | $0 |
| Total Liabilities | $50.3M | $41.43M | $37.19M | $32M | $32.1M | $33.36M | $34.51M | $152.29M | $40.32M | $64.81M | $30.33M | $11.84M | $7.44M | $5.18M | $5.08M | $1.8M | $2.35M | $4.71M | $3.51M | $32.84M | $31.45M | $1.22M | $163K | $983K | $916K | $269K |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $43.86M | $43K | $0 | $0 | $0 | $303 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $3K | $33 | $32 |
| Common Stock | $204K | $173K | $140K | $116K | $116K | $55K | $52K | $36K | $32K | $5K | $164K | $159K | $103K | $48K | $48K | $15K | $205K | $90K | $90K | $90K | $67K | $54K | $42K | $17K | $15K | $15K |
| Retained Earnings | -$608.09M | -$489.25M | -$393.37M | -$338.67M | -$300.52M | -$257.51M | -$207.89M | -$129.72M | -$68.2M | -$38.41M | -$274.97M | -$235.13M | -$206.43M | -$184.95M | -$169.39M | -$156.13M | -$142.04M | -$125.85M | -$99.2M | -$89.3M | -$59.96M | -$35.18M | -$28.48M | -$26.15M | -$24.04M | -$7.7M |
| Comprehensive Income & Other | -$87K | -$750K | -$271K | -$605K | $5K | $942K | -$17K | $200K | $958K | -$591K | -$17K | -$25K | -$21K | -$2K | -$2K | -$255K | -$339K | $0 | $3K | -$2K | -$2K | -$60K | -$39K | -$30K | -$28K | -$32 |
| Other Stockholders' Equity | $811.02M | $660.53M | $533.6M | $446.33M | $444.9M | $321.83M | $309.54M | $237.9M | $187.48M | $2.53M | $298.7M | $293.63M | $254.13M | $226.69M | $226.12M | $182.8M | $148.51M | $131.75M | $130.14M | $109.16M | $52.07M | $47.52M | $32.56M | $25.28M | $23.39M | $22.3M |
| Total Equity | $203.13M | $171.45M | $140.37M | $107.78M | $144.5M | $64.38M | $101.7M | $108.22M | $119.31M | -$35.88M | $23.89M | $58.66M | $47.81M | $41.79M | $56.78M | $26.69M | $6.67M | $6M | $31.03M | $19.96M | -$7.83M | $12.39M | $4.12M | -$853K | -$638K | $14.61M |
| 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 |
| Total Liabilities and Equity | $253.44M | $212.88M | $177.56M | $139.78M | $176.6M | $97.75M | $136.2M | $260.51M | $159.63M | $28.93M | $54.22M | $70.5M | $55.25M | $46.97M | $61.86M | $28.49M | $9.03M | $10.71M | $34.54M | $52.8M | $23.62M | $13.61M | $4.28M | $130K | $278K | $14.88M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $29.91M | $26.73M | $26.49M | $26.14M | $25.79M | $25.28M | $25.55M | $24.57M | $15.34M | $4.47M | $14.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $254K | $54K | $0 |
| Net Debt | -$3.27M | $11.61M | -$94K | -$25.96M | -$8.22M | $2.4M | -$24.25M | $270K | -$6.78M | -$8.9M | -$8.31M | -$35.81M | -$25.68M | -$22.5M | -$43.57M | -$27.98M | -$8.67M | -$9.85M | -$14.78M | -$25.97M | -$14.63M | -$13.03M | -$4.23M | $150K | -$110K | -$1.48M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$118.84M | -$95.88M | -$54.7M | -$38.15M | -$43.01M | -$49.62M | -$78.17M | -$61.52M | -$29.8M | -$10.92M | -$39.84M | -$28.7M | -$21.48M | -$15.56M | -$13.26M | -$8.45M | -$11.33M | -$26.65M | -$22.14M | -$29.33M | -$24.78M | -$6.7M | -$2.33M | -$2.11M | -$16.34M | -$3.7M |
| Depreciation & Amortization | $87K | $130K | $77K | $167K | $367K | $693K | $1.01M | $526K | $363K | $346K | $146K | $85K | $40K | $90K | $38K | $20K | $80K | $168K | $198K | $177K | $116K | $41K | $9K | $428K | $7.67M | $1.91M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $1.7M | -$219K | $25.98M | -$7.06M | -$2.82M | -$2.41M | $6K | -$2.52M | $0 | $429K | $0 | -$782K | -$526K | -$4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $14.42M | $9.86M | $4.18M | $2.04M | $3.26M | $5.11M | $4.44M | $3.74M | $552K | $209K | $2.67M | $2.03M | $1.6M | $1.46M | $866K | $786K | $585K | $1.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$54K | -$7K | $961 | $2K | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $4.81M | $4.2M | $4.54M | -$319K | -$1.76M | -$1.14M | $568K | $1.55M | $159K | -$1.97M | $1.23M | $2.48M | $0 | $120K | $0 | -$552K | -$2.36M | $1.22M | $525K | $525K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $195K | -$2.37M | -$468K | $1.28M | -$1.08M | -$565K | $279K | $900K | -$2.19M | $3.47M | $2.65M | -$58K | $2.02M | -$389K | $340K | -$148K | $345K | $86K | $323K | -$129K | $254K | $873K | -$574K | $35K | $563K | -$706K |
| Total Working Capital Change | $5M | $1.83M | $4.07M | $960K | -$2.85M | -$1.71M | $847K | $2.45M | -$2.03M | $1.5M | $3.88M | $2.43M | $2.02M | -$268K | $340K | -$700K | -$2.02M | $1.31M | $848K | $397K | $254K | $873K | -$574K | $35K | $563K | -$706K |
| Other Non-Cash Items | -$1.71M | -$5.03M | -$4.69M | $428K | $449K | $5.9M | $774K | $22.59M | $5.5M | $2.91M | $185K | $2.03M | $35K | -$70K | -$1.45M | $786K | $585K | -$222K | $1.45M | $12.98M | $12.77M | $611K | $650K | $541K | $6.39M | $351K |
| Net Cash from Operating | -$101.04M | -$89.09M | -$51.06M | -$34.55M | -$40.08M | -$39.84M | -$45.12M | -$39.27M | -$28.23M | -$8.37M | -$32.95M | -$24.64M | -$17.79M | -$13.92M | -$13.47M | -$8.34M | -$12.62M | -$23.79M | -$19.64M | -$15.77M | -$11.65M | -$5.18M | -$2.25M | -$1.1M | -$1.71M | -$2.15M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$22K | -$25K | -$296K | -$9K | -$57K | -$3.29M | -$148K | -$141K | -$495K | -$8K | -$165K | -$147K | -$47K | -$266K | -$412K | -$29K | $0 | -$65K | -$127K | -$172K | -$238K | -$306K | -$16K | -$2K | -$16K | -$4K |
| Acquisitions | $0 | $0 | $57K | $0 | -$8.2M | $3.25M | -$14.13M | -$10.27M | $3.44M | $0 | -$3.56M | $3.53M | $4.72M | -$8.92M | $0 | $0 | $0 | $0 | -$32K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$204.9M | -$204.92M | -$194.22M | -$89.42M | -$161.07M | -$86.08M | -$122.94M | -$122.49M | -$76.86M | $0 | -$13.71M | -$19.43M | -$21.97M | -$15.82M | -$7.14M | $0 | $0 | -$14.36M | -$51.1M | -$32.6M | -$13.12M | $0 | $0 | $0 | $0 | -$1.02M |
| Sales of Investments | $182.2M | $165M | $137.4M | $142.07M | $91.67M | $98.43M | $138.83M | $109.02M | $4.8M | $15.21M | $17.27M | $16.66M | $17.25M | $8.92M | $0 | $0 | $0 | $33.24M | $59.24M | $15.03M | $5.28M | $0 | $0 | $0 | $1.02M | $0 |
| Other Investing Activities | $4.28M | $0 | -$57K | $0 | $8.2M | -$3.25M | $14.13M | $10.27M | $3.44M | -$15.21M | $3.56M | -$130K | -$4.72M | $8.92M | $13K | $4K | $16K | $34K | $32K | $243K | $0 | $0 | $36K | $36K | -$35K | $0 |
| Net Cash from Investing | -$18.44M | -$39.94M | -$57.12M | $52.65M | -$69.46M | $9.05M | $15.74M | -$13.62M | -$69.11M | -$8K | $3.4M | $481K | -$4.77M | -$7.17M | -$7.54M | -$24K | $16K | $18.86M | $8.01M | -$17.77M | -$8.09M | -$306K | -$16K | $34K | $965K | -$1.02M |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | -$2.37M | - | - | -$88K | - | $514K | $41K | -$8.82M | -$14.44M | -$4.33M | - | - | - | - | - | - | $1.42M | - | - | - | $1.88M | $1.37M | $254K | $280K | -$450K | -$454K |
| Common Stock Issuance | $140.23M | $118.17M | $83.7M | $0 | $122.23M | $2.29M | $54.84M | $46.3M | $91.26M | $0 | $0 | $30.2M | $28.1M | $0 | $39.51M | $0 | $0 | $0 | $442K | $48.02M | $23.22M | $15.65M | $6.64M | $1.29M | $48K | $0 |
| Common Stock Repurchases | -$5.14M | -$995K | -$1.21M | -$3K | -$78K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$55K | $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 |
| Other Financing Activities | $0 | $400K | $0 | $2K | -$1.35M | $1.91M | $110K | $77K | $389K | $1K | $8.03M | $4.09M | -$2.36M | $2K | -$2.9M | -$146 | $3.01M | $0 | $0 | -$3.13M | -$1.88M | -$1.37M | $0 | $0 | $0 | -$77K |
| Net Cash from Financing | $137.81M | $117.58M | $82.78M | $87K | $120.81M | $3.69M | $54.91M | $55.19M | $106.09M | $5.12M | $16.8M | $34.29M | $25.74M | $740 | $36.6M | $27.68M | $11.42M | $0 | $442K | $44.89M | $21.34M | $14.29M | $6.39M | $1.01M | $442K | $3.58M |
| Forex Effect | -$277K | -$5K | -$118K | -$90K | -$137K | $170K | -$22K | -$119K | $8K | -$49K | $0 | $0 | -$2K | $14K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $18.05M | -$11.46M | -$25.52M | $18.09M | $11.13M | -$26.92M | $25.5M | $2.18M | $8.75M | -$3.31M | -$12.76M | $10.13M | $3.18M | -$21.07M | $15.59M | $19.31M | -$1.18M | -$4.93M | -$11.19M | $11.34M | $1.6M | $8.81M | $4.12M | -$61K | -$303K | $409K |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | -$101.04M | -$89.09M | -$51.06M | -$34.55M | -$40.08M | -$39.84M | -$45.12M | -$39.27M | -$28.23M | -$8.37M | -$32.95M | -$24.64M | -$17.79M | -$13.92M | -$13.47M | -$8.34M | -$12.62M | -$23.79M | -$19.64M | -$15.77M | -$11.65M | -$5.18M | -$2.25M | -$1.1M | -$1.71M | -$2.15M |
| Capital Expenditure | -$22K | -$25K | -$296K | -$9K | -$57K | -$3.29M | -$148K | -$141K | -$495K | -$8K | -$165K | -$147K | -$47K | -$266K | -$412K | -$29K | $0 | -$65K | -$127K | -$172K | -$238K | -$306K | -$16K | -$2K | -$16K | -$4K |
| Free Cash Flow | -$101.06M | -$89.11M | -$51.36M | -$34.56M | -$40.14M | -$43.13M | -$45.27M | -$39.42M | -$28.73M | -$8.38M | -$33.11M | -$24.79M | -$17.84M | -$14.19M | -$13.88M | -$8.37M | -$12.62M | -$23.85M | -$19.77M | -$15.95M | -$11.88M | -$5.48M | -$2.26M | -$1.1M | -$1.73M | -$2.15M |
| Cash at Beginning | $15.13M | $26.59M | $52.1M | $34.01M | $22.88M | $49.8M | $24.3M | $22.12M | $13.37M | $16.68M | $35.81M | $25.68M | $22.5M | $43.57M | $27.98M | $8.67M | $9.85M | $14.78M | $25.97M | $14.63M | $13.03M | $4.23M | $104K | $164K | $468K | $58K |
| Cash at End | $33.18M | $15.13M | $26.59M | $52.1M | $34.01M | $22.88M | $49.8M | $24.3M | $22.12M | $13.37M | $23.05M | $35.81M | $25.68M | $22.5M | $43.57M | $27.98M | $8.67M | $9.85M | $14.78M | $25.97M | $14.63M | $13.03M | $4.23M | $104K | $164K | $468K |