/
Factors that might cause such differences include, but are not limited to, those discussed in Part I, Item 1A Risk Factors of this ANNUAL REPORT. Such risks, uncertainties and other important factors include, among others, the risks, uncertainties and factors set forth in Risk Factors, and the following risks, uncertainties and factors: our and our licensee s plans to develop and commercialize …
The business is unprofitable at the operating level (-524.69% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 82.3% YoY. Margins deteriorated 514.4pp alongside, both lines moving the wrong way.
ROIC dropped from -4.41% to -46.19%, capital efficiency is deteriorating. Operating margin contracted 514.4pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$2M
▼ -82.3% YoY
Net Income (TTM)
-$11M
▼ -115371.9% YoY
Op. Margin
-605.86%
▼ -514.4pp YoY
ROIC
-55.90%
▼ -41.8pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$10M
▼ -699.3% YoY
Net Debt
-$25M
Net Cash Position
Cash & Equiv.
$25M
Continue Research