Financhill
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33

ADAG Quote, Financials, Valuation and Earnings

Last price:
$1.96
Seasonality move :
20.76%
Day range:
$1.89 - $2.07
52-week range:
$1.60 - $4.38
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
4.96x
P/B ratio:
1.60x
Volume:
36.8K
Avg. volume:
85.5K
1-year change:
13.33%
Market cap:
$90.3M
Revenue:
$18.1M
EPS (TTM):
-$0.73
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $480K $700.9K $10.2M $9.3M $18.1M
Revenue Growth (YoY) -68.24% 46.02% 1351.72% -8.67% 94.9%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $16.2M $33.5M $68.1M $81.3M $36.6M
Selling, General & Admin $3.4M $10.3M $14.4M $11.9M $8.7M
Other Inc / (Exp) $2M $327.3K $1.2M $4.7M $3.3M
Operating Expenses $19.6M $43.9M $82.5M $93.2M $41.8M
Operating Income -$19.2M -$43.2M -$72.4M -$83.9M -$23.7M
 
Net Interest Expenses -- -- $287.6K $315.8K --
EBT. Incl. Unusual Items -$16.4M -$42.4M -$71.5M -$79.5M -$17.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- $1.7M $459.1K $1.7M
Net Income to Company -$16.4M -$42.4M -$73.2M -$80M -$18.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$16.4M -$42.4M -$73.2M -$80M -$18.9M
 
Basic EPS (Cont. Ops) -$0.48 -$1.01 -$1.83 -$1.85 -$0.44
Diluted EPS (Cont. Ops) -$0.48 -$1.01 -$1.83 -$1.85 -$0.44
Weighted Average Basic Share $34.4M $42.2M $40M $43.3M $43.8M
Weighted Average Diluted Share $34.4M $42.2M $40M $43.3M $43.8M
 
EBITDA -$15.5M -$41.3M -$70M -$77.4M -$14.9M
EBIT -$16.3M -$42.2M -$71.1M -$78.8M -$16.1M
 
Revenue (Reported) $480K $700.9K $10.2M $9.3M $18.1M
Operating Income (Reported) -$19.2M -$43.2M -$72.4M -$83.9M -$23.7M
Operating Income (Adjusted) -$16.3M -$42.2M -$71.1M -$78.8M -$16.1M
Period Ending 2016-12-31 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Revenue -- -- -- $480K $391.4K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $4.7M $10M
Selling, General & Admin -- -- -- $1.2M $2.9M
Other Inc / (Exp) -- -- -- $595.6K -$250.5K
Operating Expenses -- -- -- $5.9M $12.8M
Operating Income -- -- -- -$5.4M -$12.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -$4.6M -$12.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$4.6M -$12.8M
 
Basic EPS (Cont. Ops) -- -- -- -$0.14 -$0.31
Diluted EPS (Cont. Ops) -- -- -- -$0.14 -$0.31
Weighted Average Basic Share -- -- -- $34.4M $42.2M
Weighted Average Diluted Share -- -- -- $34.4M $42.2M
 
EBITDA -- -- -- -$4.4M -$12.5M
EBIT -- -- -- -$4.6M -$12.7M
 
Revenue (Reported) -- -- -- $480K $391.4K
Operating Income (Reported) -- -- -- -$5.4M -$12.4M
Operating Income (Adjusted) -- -- -- -$4.6M -$12.7M
Period Ending 2020-06-30 2021-06-30 2022-06-30 2023-06-30 2024-06-30
Revenue -- $1.7M $12.7M $22.7M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $46.4M $81.8M $57.5M $30.1M
Selling, General & Admin -- $12.1M $13.9M $9.5M $7.8M
Other Inc / (Exp) $629.1K $1.1M $1.9M $5.4M $1.1M
Operating Expenses -- $58.5M $95.7M $63.6M $37.8M
Operating Income -- -$56.8M -$82.9M -$40.9M -$37M
 
Net Interest Expenses -- -- $360.6K -- --
EBT. Incl. Unusual Items -- -$55.4M -$81.4M -$34.2M -$32.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- $2.3M $2.2M -$620.3K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$55.4M -$83.6M -$36.4M -$31.8M
 
Basic EPS (Cont. Ops) -- -$1.56 -$1.89 -$0.86 -$0.73
Diluted EPS (Cont. Ops) -- -$1.56 -$1.89 -$0.86 -$0.73
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -$55.2M -$81M -$33.2M -$31.5M
EBIT -- -$55.2M -$81M -$33.2M -$31.5M
 
Revenue (Reported) -- $1.7M $12.7M $22.7M --
Operating Income (Reported) -- -$56.8M -$82.9M -$40.9M -$37M
Operating Income (Adjusted) -- -$55.2M -$81M -$33.2M -$31.5M
Period Ending 2020-12-23 2021-12-23 2022-12-23 2023-12-23
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- -- --
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -- --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -- --
 
Basic EPS (Cont. Ops) -- -- -- -- --
Diluted EPS (Cont. Ops) -- -- -- -- --
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -- -- -- --
EBIT -- -- -- -- --
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $92.5M $75.2M $174.4M $143.8M $109.9M
Short Term Investments $8M -- -- -- --
Accounts Receivable, Net $480K -- $3M -- --
Inventory -- -- -- -- --
Prepaid Expenses $1.2M $3.8M $3.4M $4.1M $2.4M
Other Current Assets -- -- $619.9K $805K $905.4K
Total Current Assets $103.9M $79.1M $186M $149.3M $113.4M
 
Property Plant And Equipment $1.9M $2.1M $3.5M $3M $2.2M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $87.2K $3.1M $69.3K $109.6K $84.9K
Total Assets $105.9M $84.3M $189.5M $152.4M $115.7M
 
Accounts Payable $712.7K $1.8M $3.3M $3.7M $3.1M
Accrued Expenses $2.5M $5.8M $4.2M $2.8M $2.4M
Current Portion Of Long-Term Debt $1M $5M $1.4M $2.9M $4.2M
Current Portion Of Capital Lease Obligations -- -- -- $152K $196K
Other Current Liabilities $19.9K $145.7K $143.1K $111.9K $119.8K
Total Current Liabilities $7.2M $16.1M $29.8M $55.1M $31.5M
 
Long-Term Debt $1.5M $3M $3M $14.1M $13.5M
Capital Leases -- -- -- -- --
Total Liabilities $162.9M $173.7M $33M $69.3M $45.2M
 
Common Stock $1.5K $1.9K $5.6K $5.5K $5.6K
Other Common Equity Adj -$344.9K -$351K -$94K -$849.3K -$1.8M
Common Equity -$57M -$89.4M $156.6M $83.1M $70.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$57M -$89.4M $156.6M $83.1M $70.6M
 
Total Liabilities and Equity $105.9M $84.3M $189.5M $152.4M $115.7M
Cash and Short Terms $100.5M $75.2M $174.4M $143.8M $109.9M
Total Debt $2.6M $8M $7.5M $27.8M $21.9M
Period Ending 2020-06-30 2021-06-30 2022-06-30 2023-06-30 2024-06-30
Cash and Equivalents -- $208.3M $168M $128.8M $95.7M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $619.2K -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- $5.4M $5.1M $3.5M $3.1M
Total Current Assets -- $215.2M $175M $132.7M $98.8M
 
Property Plant And Equipment -- $2.6M $3.5M $2.5M $1.7M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $59.6K $72.8K $108.9K $281.9K
Total Assets -- $217.9M $178.6M $135.3M $100.8M
 
Accounts Payable -- $2.8M $4.7M $4.5M $3.4M
Accrued Expenses -- $3.6M $4.2M $2.8M $2.7M
Current Portion Of Long-Term Debt -- $5.7M $7.3M $11.6M $16M
Current Portion Of Capital Lease Obligations -- -- $297.1K $158.9K $141.3K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $29.6M $56.5M $39M $39.5M
 
Long-Term Debt -- $2M $9.3M $13.3M $4.6M
Capital Leases -- -- -- -- --
Total Liabilities -- $31.6M $65.9M $52.5M $44.2M
 
Common Stock -- $5.6K $5.7K $5.6K $5.6K
Other Common Equity Adj -- -$153.5K $190.2K -$1.3M -$1.3M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $186.2M $112.7M $82.8M $56.6M
 
Total Liabilities and Equity -- $217.9M $178.6M $135.3M $100.8M
Cash and Short Terms -- $208.3M $168M $128.8M $95.7M
Total Debt -- $7.7M $16.6M $24.9M --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$16.4M -$42.4M -$73.2M -$80M -$18.9M
Depreciation & Amoritzation $816.7K $858.4K $1.1M $1.4M $1.2M
Stock-Based Compensation $611.7K $10.1M $18.7M $10.5M $7.3M
Change in Accounts Receivable -$1.2M $1.8M -$7.4M $6.9M $397.4K
Change in Inventories -- -- -- -- --
Cash From Operations -$18.2M -$28.5M -$43.4M -$48.6M -$28.5M
 
Capital Expenditures $151.8K $935.2K $2.5M $690.9K $85K
Cash Acquisitions -- -- -- -- --
Cash From Investing $24.9M $7.1M -$2.5M -$686.1K -$77.4K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $2.7M $6.1M $4.4M $25.8M $8.1M
Long-Term Debt Repaid -$2.4M -$1.1M -$5.1M -$4.4M -$13.5M
Repurchase of Common Stock -- -- -$2.4M -$4M --
Other Financing Activities -- -$721.5K -$1.6M -- --
Cash From Financing $69.7M $4.4M $145.4M $17.8M -$5.4M
 
Beginning Cash (CF) $16.1M $92.5M $75.2M $174.4M $143.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $76.4M -$17M $99.4M -$31.5M -$33.9M
Ending Cash (CF) $92.5M $75.2M $174.4M $143.8M $109.9M
 
Levered Free Cash Flow -$18.3M -$29.5M -$45.9M -$49.3M -$28.5M
Period Ending 2016-09-30 2017-09-30 2018-09-30 2019-09-30 2020-09-30
Net Income to Stockholders -- -- -- -$11.8M -$29.6M
Depreciation & Amoritzation -- -- -- $602.7K $647.2K
Stock-Based Compensation -- -- -- $438.9K $8M
Change in Accounts Receivable -- -- -- -$64.9K $1.5M
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -$11.8M -$20M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- $18.9M $7.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $2.7M $4.5M
Long-Term Debt Repaid -- -- -- -$2.4M -$936.8K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$543.9K
Cash From Financing -- -- -- $16.3M $3.1M
 
Beginning Cash (CF) -- -- -- $16.1M $92.5M
Foreign Exchange Rate Adjustment -- -- -- $152.9K -$180.5K
Additions / Reductions -- -- -- $23.5M -$9.5M
Ending Cash (CF) -- -- -- $39.7M $82.9M
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2020-12-23 2021-12-23 2022-12-23 2023-12-23
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2020-12-23 2021-12-23 2022-12-23 2023-12-23
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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