Financhill
Sell
37

AARD Quote, Financials, Valuation and Earnings

Last price:
$12.66
Seasonality move :
--
Day range:
$13.00 - $13.63
52-week range:
$4.88 - $19.58
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
2.34x
Volume:
89.6K
Avg. volume:
236.3K
1-year change:
--
Market cap:
$285.8M
Revenue:
--
EPS (TTM):
-$2.25
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $110K $97K $16K
Gross Profit -- -- -$110K -$97K -$16K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $7.2M $4.5M $17.4M
Selling, General & Admin -- -- -- -- $5.3M
Other Inc / (Exp) -- -- -$3.3M -$1.2M -$217K
Operating Expenses -- -- $11.3M $7.3M $22.8M
Operating Income -- -- -$11.4M -$7.4M -$22.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -$13.6M -$7.2M -$20.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$13.6M -$7.2M -$20.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$13.6M -$7.2M -$20.6M
 
Basic EPS (Cont. Ops) -- -- -$0.63 -$0.34 -$0.95
Diluted EPS (Cont. Ops) -- -- -$0.63 -$0.34 -$0.95
Weighted Average Basic Share -- -- $21.4M $21.4M $21.7M
Weighted Average Diluted Share -- -- $21.4M $21.4M $21.7M
 
EBITDA -- -- -$11.3M -$7.3M -$22.8M
EBIT -- -- -$11.4M -$7.4M -$22.8M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -$11.4M -$7.4M -$22.8M
Operating Income (Adjusted) -- -- -$11.4M -$7.4M -$22.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $26K $87K $10K
Gross Profit -- -- -$26K -$87K -$10K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $964K $4.1M $13.7M
Selling, General & Admin -- -- -- $1M $4M
Other Inc / (Exp) -- -- -$525K -$91K --
Operating Expenses -- -- $1.7M $5M $17.7M
Operating Income -- -- -$1.7M -$5.1M -$17.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -$2.1M -$4.2M -$16.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$5.2M -- -$16.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$2.1M -$4.2M -$16.3M
 
Basic EPS (Cont. Ops) -- -- -$0.10 -$0.20 -$0.75
Diluted EPS (Cont. Ops) -- -- -$0.10 -$0.20 -$0.75
Weighted Average Basic Share -- -- $21.4M $21.4M $21.7M
Weighted Average Diluted Share -- -- $21.4M $21.4M $21.7M
 
EBITDA -- -- -$1.7M -$5M -$17.7M
EBIT -- -- -$1.7M -$5.1M -$17.7M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -$1.7M -$5.1M -$17.7M
Operating Income (Adjusted) -- -- -$1.7M -$5.1M -$17.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- $162K $26K
Gross Profit -- -- -$26K -$162K -$26K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $10.8M $42.7M
Selling, General & Admin -- -- -- $1M $10.8M
Other Inc / (Exp) -- -- -$525K -$97K --
Operating Expenses -- -- -- $15.4M $53.4M
Operating Income -- -- -- -$15.6M -$53.5M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -$2.1M -$13.9M -$48.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -- -$48.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$13.9M -$48.8M
 
Basic EPS (Cont. Ops) -- -- -- -$3.27 -$2.25
Diluted EPS (Cont. Ops) -- -- -$0.10 -$3.27 -$2.25
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -$15.4M -$53.6M
EBIT -- -- -- -$15.6M -$53.5M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -- -$15.6M -$53.5M
Operating Income (Adjusted) -- -- -- -$15.6M -$53.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $26K $137K $26K
Gross Profit -- -- -$26K -$137K -$26K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $964K $9.2M $34.6M
Selling, General & Admin -- -- -- $1M $9.4M
Other Inc / (Exp) -- -- -$525K -$171K -$15K
Operating Expenses -- -- $1.7M $13.2M $44M
Operating Income -- -- -$1.7M -$13.3M -$44M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -$2.1M -$11.8M -$40M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$5.2M -$2.2M -$40M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$2.1M -$11.8M -$40M
 
Basic EPS (Cont. Ops) -- -- -$0.10 -$3.17 -$1.84
Diluted EPS (Cont. Ops) -- -- -$0.10 -$3.17 -$1.84
Weighted Average Basic Share -- -- $21.4M $26.5M $65.1M
Weighted Average Diluted Share -- -- $21.4M $26.5M $65.1M
 
EBITDA -- -- -$1.7M -$13.2M -$44M
EBIT -- -- -$1.7M -$13.3M -$44M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -$1.7M -$13.3M -$44M
Operating Income (Adjusted) -- -- -$1.7M -$13.3M -$44M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents -- -- $16.1M $10M $73.7M
Short Term Investments -- -- $546K $254K $12M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- $316K $252K $314K
Other Current Assets -- -- $70K $127K $160K
Total Current Assets -- -- $16.5M $10.4M $74.1M
 
Property Plant And Equipment -- -- $252K $155K $735K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- $14K $13K $2.6M
Total Assets -- -- $16.8M $10.5M $77.5M
 
Accounts Payable -- -- -- -- $2.3M
Accrued Expenses -- -- $183K $190K $1.4M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $100K $112K $338K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- -- $595K $1.4M $4.9M
 
Long-Term Debt -- -- $44.1M $44M $127.2M
Capital Leases -- -- -- -- --
Total Liabilities -- -- $44.7M $45.3M $132.2M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -$27.9M -$34.8M -$54.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- -$27.9M -$34.8M $72.1M
 
Total Liabilities and Equity -- -- $16.8M $10.5M $204.3M
Cash and Short Terms -- -- $16.1M $10M $73.7M
Total Debt -- -- $44.1M $44M $127.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents -- -- -- $82.4M $126.4M
Short Term Investments -- -- -- $83K --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- $170K --
Other Current Assets -- -- -- $136K --
Total Current Assets -- -- -- $82.7M $129.2M
 
Property Plant And Equipment -- -- -- $841K $439K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- $232K --
Total Assets -- -- -- $83.7M $133.2M
 
Accounts Payable -- -- -- $666K $4.4M
Accrued Expenses -- -- -- $1M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- $323K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- -- -- $2.6M $10.7M
 
Long-Term Debt -- -- -- $545K $116K
Capital Leases -- -- -- -- --
Total Liabilities -- -- -- $3.2M $10.9M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- -- $80.6M $122.4M
 
Total Liabilities and Equity -- -- -- $83.7M $133.2M
Cash and Short Terms -- -- -- $82.4M $126.4M
Total Debt -- -- -- $545K $116K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -- -$13.6M -$7.2M -$20.6M
Depreciation & Amoritzation -- -- $110K -- $16K
Stock-Based Compensation -- -- $412K $313K $439K
Change in Accounts Receivable -- -- -$835K -$2K $1.4M
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$10.5M -$5.8M -$19.3M
 
Capital Expenditures -- -- -- -- $109K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- -$12M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$3.3M
Cash From Financing -- -- -$775K -- $83.2M
 
Beginning Cash (CF) -- -- $9.5M $2M $61.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$11.3M -$5.8M $51.9M
Ending Cash (CF) -- -- -$1.8M -$3.9M $113.5M
 
Levered Free Cash Flow -- -- -$10.5M -$5.8M -$19.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -$5.2M -- -$16.3M
Depreciation & Amoritzation -- -- $72K -- $10K
Stock-Based Compensation -- -- $244K -- $1.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$4.7M -- -$18.5M
 
Capital Expenditures -- -- -- -- $4K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- $29.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -$105K --
Cash From Financing -- -- -- -- $2.6M
 
Beginning Cash (CF) -- -- $15.6M $82.3M $39.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$4.7M -- $13.3M
Ending Cash (CF) -- -- $10.9M -- $52.6M
 
Levered Free Cash Flow -- -- -$4.7M -- -$18.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- -$48.8M
Depreciation & Amoritzation -- -- -- -- -$95K
Stock-Based Compensation -- -- $244K $266K $2.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- -$48.7M
 
Capital Expenditures -- -- -- $5K $101K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- -$85.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- $91.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- -$43M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- -$48.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -$5.2M -$2.2M -$40M
Depreciation & Amoritzation -- -- $72K $2K $26K
Stock-Based Compensation -- -- $244K $67K $2.4M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$4.7M -$2.2M -$39.7M
 
Capital Expenditures -- -- -- $5K $95K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$5K -$74M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -$2.2M -$2.3M
Cash From Financing -- -- -- -- $91.4M
 
Beginning Cash (CF) -- -- $15.6M $82.3M $91.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$4.7M -$2.2M -$22.4M
Ending Cash (CF) -- -- $10.9M -- $69.4M
 
Levered Free Cash Flow -- -- -$4.7M -$2.2M -$39.8M

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