Alaunos Therapeutics, Inc. (TCRT)
Alaunos Therapeutics, Inc. is an oncology company in the clinical trial phase, specializing in the creation of adoptive T-cell receptor (TCR) engineered therapies. Their pipeline includes a TCR Library, currently undergoing Phase I/II clinical trials, which comprises ten T-cell receptors designed to target mutated KRAS, TP53, and EGFR in various cancers such as non-small cell lung, colorectal, endometrial, pancreatic, ovarian, and bile duct cancers. Additionally, they are advancing hunTR, a platform focused on human neoantigen T-cell receptors, and mbIL-15, intended for solid tumor treatment. The company maintains strategic collaborations, including a licensing agreement with PGEN Therapeutics, Inc., a research and development partnership with The University of Texas MD Anderson Cancer Center, and both a patent licensing and R&D agreement with the National Cancer Institute. Previously known as ZIOPHARM Oncology, Inc., the company adopted its current name, Alaunos Therapeutics, Inc., in January 2022. Its headquarters are located in Houston, Texas.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Alaunos Therapeutics, Inc.
NASDAQ:TCRTHealthcare · Biotechnology
+3.17%$1.95
AH$1.86-4.62%vs close
Mkt Cap$7.22M
Float2.68M
O/S3.7M
Vol
$ Vol
RVOL
Inst Own2.4%
SI30.5%
Earnings
Dilution
Financials Summary
Revenue$5K
Net Income-$4.18M
Total Assets$2.97M
Free Cash Flow-$2.97M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$2.15M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:10Reverse splitJul 18, 202410 shares → 1
- 1:15Reverse splitFeb 1, 202415 shares → 1
Balance Sheet Details
Assets$2.97M
Liabilities$813K
Accounts Receivable$3K
Accounts Payable$613K
Inventory$0
PP&E (Net)$91K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $5K | $10K | $5K | $2.92M | $398K | $0 | $0 | $146K | $6.39M | $6.86M | $4.33M | $1.37M | $800K | $800K | $667K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $2K |
| YoY Growth | -50.0% | 100.0% | -99.8% | 634.2% | - | - | - | -97.7% | -6.9% | 58.4% | 215.5% | 71.6% | 0.0% | 19.9% | - | - | - | - | - | - | - | - | - | 48.9% | - |
| Cost of Revenue | $1.36M | $362K | $4.8M | $22.52M | $47.27M | $1.13M | $629K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$1.36M | -$352K | -$4.8M | -$19.6M | -$46.88M | -$1.13M | -$629K | $146K | $6.39M | $6.86M | $4.33M | $1.37M | $800K | $800K | $667K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $2K |
| Gross Margin | -27160.0% | -3520.0% | -95960.0% | -670.6% | -11778.1% | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | - | - | - | - | - | - | 100.0% | 100.0% |
| Research and Development | $1.36M | $362K | $16.28M | $25.02M | $49.64M | $52.7M | $38.33M | $34.13M | $45.08M | $157.79M | $106.78M | $32.71M | $42.85M | $83.45M | $57.08M | $12.91M | $4.56M | $17.25M | $18.99M | $10.39M | $5.59M | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.87M | $4.46M | $12.22M | $13.14M | $26.27M | $26.54M | $18.9M | $19.92M | $14.8M | $14.38M | $17.65M | $12.17M | $15.66M | $19.52M | $14.98M | $11.64M | $7.57M | $8.37M | $9.58M | $8.72M | $4.19M | $39K | $35K | $0 | $120 |
| Other | -$1.36M | -$362K | $971K | -$22.65M | -$45.25M | $0 | $0 | $0 | $465K | $134K | $12K | -$5K | -$579K | -$13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $486 | $43K | $74K |
| Total Operating Expenses | $2.87M | $4.46M | $29.47M | $15.51M | $30.67M | $79.23M | $57.23M | $54.05M | $59.88M | $172.17M | $124.43M | $44.87M | $58.51M | $102.97M | $72.07M | $24.55M | $12.12M | $25.62M | $28.57M | $19.11M | $9.79M | $39K | $36K | $43K | $74K |
| Operating Income (EBIT) | -$4.22M | -$4.81M | -$34.27M | -$35.1M | -$77.55M | -$80.36M | -$57.86M | -$53.91M | -$53.49M | -$165.31M | -$120.1M | -$43.5M | -$57.71M | -$102.17M | -$71.4M | -$24.55M | -$12.12M | -$25.62M | -$28.57M | -$19.11M | -$9.79M | -$39K | -$36K | -$40K | -$73K |
| Operating Margin | -84500.0% | -48120.0% | -685340.0% | -1201.4% | -19484.7% | - | - | -36921.9% | -837.3% | -2409.4% | -2772.4% | -3168.2% | -7214.1% | -12771.1% | -10704.6% | - | - | - | - | - | - | - | - | -1554.1% | -4202.5% |
| Interest Expense | $0 | $0 | $1.92M | $3.15M | $1.19M | $0 | $0 | $0 | $830K | $0 | $0 | $0 | $0 | $0 | $0 | $8.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $388K | $1.96M | $1.25M | $270K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $49K | $133K | -$873K | -$2.63M | -$1.2M | $385K | -$59.94M | $789K | -$830K | $10K | $12K | $11.72M | $606K | $6.04M | $7.62M | -$8.12M | $4.47M | $388K | $1.96M | $1.25M | $270K | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$4.18M | -$4.68M | -$35.14M | -$37.73M | -$78.75M | -$79.98M | -$117.8M | -$53.12M | -$54.32M | -$165.3M | -$120.09M | -$31.78M | -$57.11M | -$96.13M | -$63.78M | -$32.67M | -$7.65M | -$25.23M | $0 | -$17.86M | $0 | -$39K | -$36K | -$40K | -$73K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $114K | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.96M | $0 | -$270K | $0 | $0 | $0 | $0 |
| Net Income | -$4.18M | -$4.68M | -$35.14M | -$37.73M | -$78.75M | -$79.98M | -$117.8M | -$53.12M | -$54.32M | -$165.3M | -$120.09M | -$31.78M | -$57.11M | -$96.13M | -$63.78M | -$32.67M | -$7.65M | -$25.23M | -$26.61M | -$17.86M | -$9.52M | -$39K | -$36K | -$40K | -$73K |
| Net Income Margin | -83520.0% | -46790.0% | -702800.0% | -1291.2% | -19786.7% | - | - | -36381.5% | -850.3% | -2409.2% | -2772.1% | -2314.7% | -7138.4% | -12016.5% | -9561.9% | - | - | - | - | - | - | - | - | -1554.1% | -4202.5% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -2.20 | -2.92 | -21.97 | -25.97 | -53.80 | -56.42 | -158.90 | -55.52 | -59.50 | -190.15 | -143.63 | -47.14 | -99.67 | -183.58 | -144.94 | -106.52 | -49.65 | -178.25 | -211.94 | -213.06 | -262.83 | -39.44 | -18.31 | -26.73 | -48.55 |
| Diluted EPS | -2.20 | -2.92 | -21.97 | -25.97 | -53.80 | -56.42 | -158.90 | -55.44 | -59.50 | -190.15 | -143.63 | -47.14 | -99.67 | -183.58 | -144.94 | -106.52 | -49.65 | -178.25 | -211.94 | -213.06 | -262.83 | -39.44 | -18.31 | -26.73 | -48.55 |
| Weighted Average OS | 1.95M | 1.60M | 1.60M | 1.45M | 1.43M | 1.40M | 1.12M | 956,724 | 912,921 | 869,276 | 836,107 | 674,204 | 572,954 | 523,640 | 440,025 | 306,693 | 154,053 | 141,551 | 125,549 | 83,813 | 36,209 | 993 | 1,958 | 1,494 | 1,494 |
| EBITDA | -$4.17M | -$4.68M | -$30.9M | -$31.82M | -$74.97M | -$78.85M | -$117.17M | -$53.33M | -$53.12M | -$165.01M | -$119.73M | -$43.5M | -$56.98M | -$102.17M | -$71.4M | -$32.48M | -$7.32M | -$24.84M | -$26.17M | -$17.68M | -$9.42M | -$5.65M | -$35K | -$39K | -$72K |
| EBITDA Margin | -83380.0% | -46770.0% | -618080.0% | -1088.9% | -18835.4% | - | - | -36528.1% | -831.5% | -2405.0% | -2763.9% | -3168.2% | -7121.9% | -12771.1% | -10704.6% | - | - | - | - | - | - | - | - | -1523.0% | -4159.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.39M | $1.09M | $6.06M | $39.06M | $76.05M | $115.07M | $79.74M | $61.73M | $70.95M | $81.05M | $140.72M | $42.8M | $68.2M | $73.31M | $104.71M | $60.39M | $48.84M | $11.38M | $35.03M | $26.86M | $8.88M | $21 | $33 | $15 | $451 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.56M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.39M | $1.09M | $6.06M | $39.06M | $76.05M | $115.07M | $79.74M | $61.73M | $70.95M | $81.05M | $140.72M | $42.8M | $68.2M | $73.31M | $104.71M | $60.39M | $48.84M | $11.38M | $35.03M | $28.41M | $8.88M | $21 | $33 | $15 | $451 |
| Accounts Receivable | $3K | $5K | $1K | $4K | $1.11M | $4.67M | $3.33M | $1.86M | $19K | $21K | $446K | $145K | $145K | $58K | $79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $465 |
| Inventory | $0 | $0 | $0 | $13.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $600K | $1.66M | $2.2M | $799K | $1.67M | $0 | $0 | $20.69M | $0 | $23.81M | $0 | $1.14M | $0 | $0 | $0 | $424K | $354K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.99M | $2.75M | $8.26M | $53.8M | $78.83M | $130.59M | $105.49M | $84.28M | $90.78M | $104.88M | $152.52M | $44.09M | $70.3M | $80.28M | $106.11M | $60.82M | $49.19M | $11.71M | $35.53M | $28.87M | $9.09M | $21 | $33 | $15 | $916 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $91K | $0 | $2K | $10.6M | $15.36M | $14.88M | $3.38M | $1.1M | $1.21M | $843K | $581K | $531K | $801K | $1.99M | $1.14M | $253K | $255K | $489K | $746K | $451K | $270K | $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 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $486 | $969 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $105K | $104K | $620K | $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 |
| Other Long-Term Assets | $887K | $0 | $0 | $542K | $673K | $875K | $240K | $9.56M | $13.51M | $1K | $622K | $619K | $656K | $1.13M | $862K | $451K | $288K | $378K | $452K | $187K | $130K | $0 | $0 | $0 | -$969 |
| Total Long-Term Assets | $978K | $0 | $2K | $11.14M | $16.03M | $15.76M | $3.62M | $10.77M | $14.82M | $1.46M | $1.2M | $1.15M | $1.46M | $3.13M | $2M | $704K | $543K | $867K | $1.2M | $639K | $400K | $0 | $0 | $486 | $969 |
| 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 | $1K |
| Total Assets | $2.97M | $2.75M | $8.26M | $64.94M | $94.86M | $146.34M | $109.11M | $95.05M | $105.61M | $106.35M | $153.72M | $45.24M | $71.75M | $83.4M | $108.11M | $61.52M | $49.74M | $12.57M | $36.73M | $29.51M | $9.49M | $21 | $33 | $501 | $3K |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $613K | $516K | $616K | $1.39M | $1.37M | $960K | $906K | $707K | $4.42M | $156K | $2.01M | $2M | $422K | $1.51M | $1.73M | $1.03M | $1.79M | $2.64M | $2.91M | $776K | $836K | $710K | $8K | $650 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $17.32M | $8.6M | $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 | $16K | $284K | $349K | $1.02M | $646K | $289K | $417K | $255K | $585K | $263K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13K | $6.39M | $6.39M | $6.86M | $1.36M | $800K | $800K | $815K | $43K | $45K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $1.3M | $3.74M | $3.65M | $13.28M | $1.91M | $6.63M | $2.06M | $1.6M | $1.8M | $1.05M | $464K | $524K | $15K | $0 | -$29K | $0 | $0 | $0 | $0 | -$2K | $18 | $9K | -$7K |
| Total Current Liabilities | $813K | $692K | $1.96M | $24.17M | $16.04M | $18.37M | $12.53M | $9.48M | $20.86M | $15.81M | $18.12M | $10.83M | $7.79M | $18.86M | $13.36M | $3.61M | $3.1M | $5.78M | $6.31M | $2.94M | $2.25M | $21 | $26 | $18K | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $16.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $35.14M | $41.53M | $47.92M | $0 | $1.93M | $2.73M | $3.71M | $44K | $66K | $58K | $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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $28K | -$1K | $0 | $0 | $0 | $2.42M | $988K | $313K | $570K | $12.65M | $13.36M | $19.43M | $27.31M | $18.47M | $0 | $51K | $41K | $36K | $0 | $0 | $0 | -$6K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $2.22M | $20.77M | $4M | $1.58M | $4K | $37.56M | $42.52M | $48.23M | $570K | $14.58M | $16.09M | $23.14M | $27.36M | $18.54M | $58K | $51K | $41K | $36K | $63 | $8 | $650 | $6K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $143.99M | $125.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$63 | -$8K | -$650 | $0 |
| Total Liabilities | $813K | $692K | $1.96M | $26.38M | $36.81M | $22.36M | $14.1M | $9.49M | $202.41M | $183.65M | $66.35M | $11.4M | $22.37M | $34.96M | $36.5M | $30.97M | $21.63M | $5.83M | $6.36M | $2.98M | $2.29M | $21K | $26K | $18K | $6K |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $143.99M | $125.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2K | $2K | $16K | $240K | $216K | $215K | $182K | $161K | $143K | $132K | $132K | $104K | $100K | $83K | $69K | $48K | $42K | $22K | $21K | $15K | $7K | $156K | $130K | $120K | $0 |
| Retained Earnings | -$924.62M | -$920.45M | -$915.77M | -$880.63M | -$842.85M | -$764.1M | -$684.13M | -$566.33M | -$712.44M | -$658M | -$492.7M | -$372.61M | -$340.83M | -$283.72M | -$187.59M | -$123.81M | -$91.14M | -$85.06M | -$59.83M | -$33.22M | -$15.36M | -$285K | -$246K | -$210K | -$171K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$143.99M | -$125.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20.5M | $15.07M | $0 | $21K | $21K | $0 | $0 |
| Other Stockholders' Equity | $926.77M | $922.51M | $922.06M | $918.94M | $900.69M | $887.87M | $778.95M | $651.73M | $615.49M | $580.57M | $579.94M | $406.35M | $390.11M | $332.09M | $259.13M | $154.32M | $119.21M | $91.78M | $90.18M | $59.74M | $22.56M | $108K | $91K | $73K | $157K |
| Total Equity | $2.15M | $2.06M | $6.31M | $38.55M | $58.06M | $123.98M | $95.01M | $85.56M | -$96.81M | -$77.3M | $87.37M | $33.84M | $49.38M | $48.45M | $71.61M | $30.55M | $28.1M | $6.74M | $30.37M | $26.53M | $7.2M | -$21K | -$26K | -$17K | -$14K |
| 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 |
| Total Liabilities and Equity | $2.97M | $2.75M | $8.26M | $64.94M | $94.86M | $146.34M | $109.11M | $95.05M | $105.61M | $106.35M | $153.72M | $45.24M | $71.75M | $83.4M | $108.11M | $61.52M | $49.74M | $12.57M | $36.73M | $29.51M | $9.49M | $21 | $33 | $501 | -$8K |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $0 | $0 | $0 | $20.07M | $30.09M | $4.81M | $2.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K |
| Net Debt | -$1.39M | -$1.09M | -$6.06M | -$18.99M | -$45.96M | -$110.25M | -$77.39M | -$61.73M | -$70.95M | -$81.05M | -$140.72M | -$42.8M | -$68.2M | -$73.31M | -$104.71M | -$60.39M | -$48.84M | -$11.38M | -$35.03M | -$26.86M | -$8.88M | -$21 | -$33 | -$15 | $5K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | -$4.18M | -$4.68M | -$35.14M | -$37.73M | -$78.75M | -$79.98M | -$117.8M | -$53.12M | -$54.32M | -$165.3M | -$120.09M | -$31.78M | -$57.11M | -$96.13M | -$63.78M | -$32.67M | -$7.65M | -$25.23M | -$26.61M | -$17.86M | -$9.52M | -$39K | -$36K | -$40K | -$73K |
| Depreciation & Amortization | $7K | $2K | $2.31M | $2.76M | $2.6M | $1.13M | $629K | $575K | $369K | $290K | $357K | $462K | $738K | $658K | $268K | $188K | $330K | $388K | $433K | $174K | $101K | $0 | $486 | $799 | $750 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $124K | $0 | -$4.74M | $585K | -$6M | $63.78M | $0 | $0 | -$1.6M | $0 | -$2.88M | -$99K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $414K | $435K | $2.8M | $3.53M | $10.77M | $6.83M | $7.34M | $7.53M | $8.45M | $8.45M | $8M | $4.74M | $3.51M | $4.88M | $2.76M | $3.64M | $2.18M | $1.6M | $0 | $2.88M | $99K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | $2K | -$4K | $3K | $1.11M | $3.56M | -$1.33M | -$1.47M | -$1.84M | $2K | $425K | -$301K | $0 | -$87K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $1.47M | $1.53M | $0 | -$12.25M | -$8.49M | $0 | -$4.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $97K | -$100K | -$773K | -$25K | $274K | $54K | $199K | -$3.71M | $4.26M | -$1.85M | $4K | $1.58M | -$1.09M | -$218K | $696K | -$758K | -$850K | -$270K | $0 | -$60K | $126K | $0 | $0 | $0 | $0 |
| Other Working Capital | $374K | -$625K | -$5.48M | -$212K | -$688K | $16.29M | $8.02M | -$271K | -$14.72M | -$7.24M | $53.23M | $67K | -$171K | -$712K | $11.35M | $1.02M | -$1.84M | -$6K | $3.08M | $440K | $411K | $4K | $9K | $11K | $0 |
| Total Working Capital Change | $473K | -$729K | -$6.25M | $870K | $3.14M | $15.01M | $8.22M | -$4.29M | -$10.46M | -$20.92M | $44.44M | $1.65M | -$6.05M | -$930K | $12.04M | $262K | -$2.69M | -$276K | $3.08M | $380K | $537K | $4K | $9K | $11K | $945 |
| Other Non-Cash Items | $413K | $0 | $6.14M | $1.34M | $771K | $0 | $60.75M | -$158K | $1.29M | $119.02M | $67.28M | -$6.98M | -$1.19M | $18.69M | -$53.9M | $8.89M | -$4.46M | $1.6M | $1.45M | $2.88M | $99K | $28K | $17K | $16K | $41K |
| Net Cash from Operating | -$2.87M | -$4.97M | -$30.14M | -$29.23M | -$61.47M | -$57.01M | -$40.85M | -$49.46M | -$54.67M | -$58.33M | -$10K | -$36.65M | -$59.51M | -$78.83M | -$38.84M | -$19.69M | -$12.29M | -$23.52M | -$21.65M | -$14.42M | -$8.78M | -$7K | -$9K | -$12K | -$30K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$98K | $0 | -$197K | -$216K | -$3.32M | -$9.78M | -$284K | -$459K | -$737K | -$551K | -$412K | -$193K | -$132K | -$1.56M | -$1.16M | -$186K | -$11K | -$132K | -$738K | -$354K | -$130K | $0 | $0 | -$316 | $0 |
| 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 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.56M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.56M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $1.54M | $23K | $0 | $0 | $0 | $0 | -$737K | $0 | $0 | -$193K | $1K | $0 | $0 | $0 | $0 | $1K | $0 | -$1.56M | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$98K | $0 | $1.35M | -$193K | -$3.32M | -$9.78M | -$284K | -$459K | -$737K | -$551K | -$412K | -$193K | -$131K | -$1.56M | -$1.16M | -$186K | -$11K | -$131K | $817K | -$1.91M | -$130K | $0 | $0 | -$316 | $0 |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | - | - | $18.11M | $8.33M | -$25M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -$1K | $650 | -$650 | - |
| Common Stock Issuance | $1.91M | $0 | $92K | $14.72M | $0 | $101.68M | $6.08M | $47.1M | $47.27M | $0 | $94.32M | $0 | $53.88M | $49.17M | $71.21M | $32.8M | $49.79M | $0 | $29.01M | $34.31M | $16.76M | $4.5M | $500K | $17K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$45K | $0 | $0 | -$653K | -$1.62M | -$2.06M | -$1.5M | -$552K | -$544K | -$498K | -$546K | -$274K | -$1.67M | -$380K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$17M | $0 | -$7.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$125K | $21K | $776K | $442K | $53.72M | $11.83M | $88K | $7.84M | $4.57M | $11.99M | $1.16M | $360K | $13.38M | $297K | $352K | $0 | $0 | $0 | $0 | -$1K | -$490K | -$6K | $4K |
| Net Cash from Financing | $3.26M | $0 | -$18.14M | $6.37M | $25.78M | $102.12M | $59.15M | $40.31M | $45.3M | -$788K | $98.34M | $11.44M | $54.54M | $48.98M | $84.31M | $31.43M | $49.77M | $0 | $29.01M | $34.31M | $16.76M | $7K | $9K | $12K | $4K |
| 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 |
| Net Change in Cash | $294K | -$4.97M | -$46.93M | -$23.06M | -$39.02M | $35.33M | $18.01M | -$9.61M | -$10.11M | -$59.66M | $97.91M | -$25.4M | -$5.1M | -$31.41M | $44.32M | $11.55M | $37.46M | -$23.65M | $8.17M | $17.97M | $7.85M | -$12 | $18 | -$436 | -$26K |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | -$2.87M | -$4.97M | -$30.14M | -$29.23M | -$61.47M | -$57.01M | -$40.85M | -$49.46M | -$54.67M | -$58.33M | -$10K | -$36.65M | -$59.51M | -$78.83M | -$38.84M | -$19.69M | -$12.29M | -$23.52M | -$21.65M | -$14.42M | -$8.78M | -$7K | -$9K | -$12K | -$30K |
| Capital Expenditure | -$98K | $0 | -$197K | -$216K | -$3.32M | -$9.78M | -$284K | -$459K | -$737K | -$551K | -$412K | -$193K | -$132K | -$1.56M | -$1.16M | -$186K | -$11K | -$132K | -$738K | -$354K | -$130K | $0 | $0 | -$316 | $0 |
| Free Cash Flow | -$2.97M | -$4.97M | -$30.34M | -$29.45M | -$64.79M | -$66.79M | -$41.14M | -$49.92M | -$55.41M | -$58.88M | -$422K | -$36.84M | -$59.64M | -$80.39M | -$39.99M | -$19.88M | -$12.3M | -$23.65M | -$22.39M | -$14.78M | -$8.91M | -$7K | -$9K | -$12K | -$30K |
| Cash at Beginning | $1.09M | $6.06M | $53M | $76.05M | $115.07M | $79.74M | $61.73M | $71.33M | $81.05M | $140.72M | $42.8M | $68.2M | $73.31M | $104.71M | $60.39M | $48.84M | $11.38M | $35.03M | $26.86M | $8.88M | $1.03M | $33 | $15 | $451 | $27K |
| Cash at End | $1.39M | $1.09M | $6.06M | $53M | $76.05M | $115.07M | $79.74M | $61.73M | $70.95M | $81.05M | $140.72M | $42.8M | $68.2M | $73.31M | $104.71M | $60.39M | $48.84M | $11.38M | $35.03M | $26.86M | $8.88M | $21 | $33 | $15 | $451 |