Financhill
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35

ARTL Quote, Financials, Valuation and Earnings

Last price:
$1.91
Seasonality move :
12.6%
Day range:
$1.84 - $1.94
52-week range:
$1.52 - $28.60
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
10.94x
Volume:
81.3K
Avg. volume:
1.2M
1-year change:
-70.61%
Market cap:
$1.4M
Revenue:
--
EPS (TTM):
-$17.30
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $4.3M $5.7M $6M
Selling, General & Admin -- -- $6M $4.2M $4.1M
Other Inc / (Exp) -- $6K $207K $641K $282K
Operating Expenses -- -- $10.3M $9.9M $10.1M
Operating Income -- -- -$10.3M -$9.9M -$10.1M
 
Net Interest Expenses -- -- $5K -- --
EBT. Incl. Unusual Items -- -- -$10.1M -$9.3M -$9.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$10.1M -$9.3M -$9.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$10.1M -$9.3M -$9.8M
 
Basic EPS (Cont. Ops) -- -- -$3.56 -$3.14 -$18.29
Diluted EPS (Cont. Ops) -- -- -$3.56 -$3.14 -$18.29
Weighted Average Basic Share -- -- $2.8M $3M $3.2M
Weighted Average Diluted Share -- -- $2.8M $3M $3.2M
 
EBITDA -- -- -$10.3M -$9.9M -$10.1M
EBIT -- -- -$10.3M -$9.9M -$10.1M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -$10.3M -$9.9M -$10.1M
Operating Income (Adjusted) -- -- -$10.3M -$9.9M -$10.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $1.1M $1.6M $325K $1.3M
Selling, General & Admin -- $1.3M $1M $870K $1.8M
Other Inc / (Exp) -- $69K $165K $63K --
Operating Expenses -- $2.4M $2.6M $1.2M $3.1M
Operating Income -- -$2.4M -$2.6M -$1.2M -$3.1M
 
Net Interest Expenses -- -- -- -- $111K
EBT. Incl. Unusual Items -- -$2.3M -$2.4M -$1.1M -$3.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$2.1M -$2.5M -$1.2M -$3.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$2.3M -$2.4M -$1.1M -$3.1M
 
Basic EPS (Cont. Ops) -- -$0.82 -$0.83 -$0.35 -$3.96
Diluted EPS (Cont. Ops) -- -$0.82 -$0.83 -$0.35 -$3.96
Weighted Average Basic Share -- $2.8M $2.9M $3.2M $787K
Weighted Average Diluted Share -- $2.8M $2.9M $3.2M $787K
 
EBITDA -- -$2.4M -$2.6M -$1.2M -$3.1M
EBIT -- -$2.4M -$2.6M -$1.2M -$3.1M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -$2.4M -$2.6M -$1.2M -$3.1M
Operating Income (Adjusted) -- -$2.4M -$2.6M -$1.2M -$3.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $3.2M $5.3M $5.6M $7M
Selling, General & Admin -- $5.3M $4.9M $3.9M $5.4M
Other Inc / (Exp) -- $73K $611K $415K --
Operating Expenses -- $8.7M $10.2M $9.5M $12.4M
Operating Income -- -$8.7M -$10.2M -$9.5M -$12.4M
 
Net Interest Expenses -- -- -- -- $183K
EBT. Incl. Unusual Items -- -$8.6M -$9.6M -$9.1M -$12.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$8.2M -$9.7M -$9.1M -$12.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$8.6M -$9.6M -$9.1M -$12.5M
 
Basic EPS (Cont. Ops) -- -$3.53 -$3.32 -$2.84 -$17.30
Diluted EPS (Cont. Ops) -- -$3.53 -$3.32 -$2.84 -$17.30
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -$8.7M -$10.2M -$9.5M -$12.4M
EBIT -- -$8.7M -$10.2M -$9.5M -$12.4M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -$8.7M -$10.2M -$9.5M -$12.4M
Operating Income (Adjusted) -- -$8.7M -$10.2M -$9.5M -$12.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $100 -- -- -- --
Gross Profit -$100 -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $2.2M $2.6M $3.6M $3.5M $4.5M
Selling, General & Admin $3.1M $4.2M $3.1M $2.8M $4.1M
Other Inc / (Exp) $2K $70K $474K $248K --
Operating Expenses $6M $6.8M $6.7M $6.3M $8.6M
Operating Income -$6M -$6.8M -$6.7M -$6.3M -$8.6M
 
Net Interest Expenses -- -- -- -- $183K
EBT. Incl. Unusual Items -$6M -$6.7M -$6.2M -$6M -$8.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$6M -$6.4M -$6.3M -$6.1M -$9.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$6M -$6.7M -$6.2M -$6M -$8.7M
 
Basic EPS (Cont. Ops) -$4.26 -$2.38 -$2.15 -$1.88 -$10.30
Diluted EPS (Cont. Ops) -$4.26 -$2.38 -$2.15 -$1.88 -$10.30
Weighted Average Basic Share $4.3M $8.5M $8.7M $9.7M $4.6M
Weighted Average Diluted Share $4.3M $8.5M $8.7M $9.7M $4.6M
 
EBITDA -$6M -$6.8M -$6.7M -$6.3M -$8.6M
EBIT -$6M -$6.8M -$6.7M -$6.3M -$8.6M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$6M -$6.8M -$6.7M -$6.3M -$8.6M
Operating Income (Adjusted) -$6M -$6.8M -$6.7M -$6.3M -$8.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents -- -- $17.5M $10.4M $2.3M
Short Term Investments -- $12M $10.6M $7.6M --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- $496K $789K $554K $219K
Total Current Assets -- -- $18.3M $11M $2.6M
 
Property Plant And Equipment -- -- $60K $21K $99K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- $2M $2M $2M $2M
Other Long-Term Assets -- $3K $3K $3K $3K
Total Assets -- -- $20.4M $13M $4.7M
 
Accounts Payable -- -- -- $1.2M $1.7M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $31K $40K $23K $35K
Other Current Liabilities -- -- -- -- -$3K
Total Current Liabilities -- -- $998K $1.3M $1.8M
 
Long-Term Debt -- -- $23K -- $69K
Capital Leases -- -- -- -- --
Total Liabilities -- -- $1M $1.3M $1.8M
 
Common Stock -- -- $3K $3K $3K
Other Common Equity Adj -- -$18K -$254K -$203K -$202K
Common Equity -- -- $19.4M $11.8M $17.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- $19.4M $11.8M $2.9M
 
Total Liabilities and Equity -- -- $20.4M $13M $4.7M
Cash and Short Terms -- -- $17.5M $10.4M $2.3M
Total Debt -- -- $23K -- $69K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents -- $18M $12.9M $4.9M $1.7M
Short Term Investments -- $12.3M $10.2M $500K --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- $686K -- -- --
Other Current Assets -- -- $564K $129K --
Total Current Assets -- $20.2M $13.4M $5M $1.8M
 
Property Plant And Equipment -- $70K $29K $108K $73K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- $2M $2M $2M --
Other Long-Term Assets -- $3K $3K $3K --
Total Assets -- $22.4M $15.5M $7.1M $4.3M
 
Accounts Payable -- -- -- $627K $3.9M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $42K $32K $34K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $480K $921K $697K $4.9M
 
Long-Term Debt -- $32K -- $78K $40K
Capital Leases -- -- -- -- --
Total Liabilities -- $512K $921K $775K $4.9M
 
Common Stock -- $3K $3K $3K $2K
Other Common Equity Adj -- -$388K -$199K -$218K --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $21.9M $14.6M $6.4M -$633K
 
Total Liabilities and Equity -- $22.4M $15.5M $7.1M $4.3M
Cash and Short Terms -- $18M $12.9M $4.9M $1.7M
Total Debt -- $32K -- $78K $40K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -- -$10.1M -$9.3M -$9.8M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- $2.5M $1M $818K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$8M -$8.2M -$8.4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- $3M $3.5M $7.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$1K -- -- --
Cash From Financing -- -- -- $567K $112K
 
Beginning Cash (CF) -- -- $6.9M $2.8M $2.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$5.3M -$4.1M -$477K
Ending Cash (CF) -- -- $1.4M -$1.2M $1.9M
 
Levered Free Cash Flow -- -- -$8M -$8.2M -$8.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -$2.1M -$2.5M -$1.2M -$3.3M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- $532K $223.2K $217.1K $454.4K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -$1.5M -$1.8M -$858.4K -$3.7M
 
Capital Expenditures -- -- -- -- $261.5K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$3M -$1.8M $4.3M -$261.5K
 
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 -- $4.3K $538.6K $800 $3.6M
 
Beginning Cash (CF) -- $7.1M $2.6M $4.4M $1.7M
Foreign Exchange Rate Adjustment -- -$193.7K $19.1K $4K -$43.8K
Additions / Reductions -- -$4.7M -$3.1M $3.5M -$363.9K
Ending Cash (CF) -- $2.2M -$442.1K $7.8M $1.3M
 
Levered Free Cash Flow -- -$1.5M -$1.8M -$858.4K -$3.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -$8.2M -$9.7M -$9.1M -$12.7M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- $2.3M $1.4M $831.7K $992.8K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -$6.9M -$8M -$8.4M -$8.3M
 
Capital Expenditures -- -- -- -- $261.5K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$2.3M $2.5M $10.1M $54.8K
 
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 -- $1.3M $664.9K $81K $5.6M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$8.2M -$4.7M $1.8M -$2.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -$6.9M -$8M -$8.4M -$8.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$6M -$6.4M -$6.3M -$6.1M -$9.1M
Depreciation & Amoritzation $20 -- -- -- --
Stock-Based Compensation $1.5M $1.7M $806.4K $623.5K $809.6K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$4.8M -$5.4M -$5.6M -$5.8M -$5.9M
 
Capital Expenditures -- -- -- -- $261.5K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.4M $1.1M $771.1K $7.3M -$261.5K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$7K -$134K -- -- --
Cash From Financing $7.4M -$126.3K $538.6K $55.6K $5.5M
 
Beginning Cash (CF) $27.4M $29.6M $15.3M $6.4M $4.5M
Foreign Exchange Rate Adjustment -$32.3K -$319.4K $61.4K $1K -$19.9K
Additions / Reductions -$786.8K -$4.7M -$4.3M $1.6M -$646.4K
Ending Cash (CF) $26.6M $24.6M $11.1M $8M $3.9M
 
Levered Free Cash Flow -$4.8M -$5.4M -$5.6M -$5.8M -$6.1M

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