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CRNX Quote, Financials, Valuation and Earnings

Last price:
$53.63
Seasonality move :
-9.59%
Day range:
$51.73 - $54.25
52-week range:
$33.67 - $62.53
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
5.96x
Volume:
1.8M
Avg. volume:
753.6K
1-year change:
55.12%
Market cap:
$5B
Revenue:
$4M
EPS (TTM):
-$3.73
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- -- $1.1M $4.7M $4M
Revenue Growth (YoY) -- -- -- 339.43% -15.28%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $41.5M $57M $84.3M $130.2M $168.5M
Selling, General & Admin $13.5M $18M $24.5M $42.4M $58.1M
Other Inc / (Exp) -$50K $150K -$96K -$353K -$5.4M
Operating Expenses $53.8M $75M $108.8M $172.6M $226.6M
Operating Income -$53.8M -$75M -$107.7M -$167.9M -$222.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$50.4M -$73.8M -$107.6M -$163.9M -$214.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$50.4M -$73.8M -$107.6M -$163.9M -$214.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$50.4M -$73.8M -$107.6M -$163.9M -$214.5M
 
Basic EPS (Cont. Ops) -$2.09 -$2.42 -$2.80 -$3.15 -$3.69
Diluted EPS (Cont. Ops) -$2.09 -$2.42 -$2.80 -$3.15 -$3.69
Weighted Average Basic Share $24.2M $30.4M $38.4M $52M $58.1M
Weighted Average Diluted Share $24.2M $30.4M $38.4M $52M $58.1M
 
EBITDA -$52.9M -$74M -$106.8M -$166.9M -$221.5M
EBIT -$53.8M -$75M -$107.7M -$167.9M -$222.6M
 
Revenue (Reported) -- -- $1.1M $4.7M $4M
Operating Income (Reported) -$53.8M -$75M -$107.7M -$167.9M -$222.6M
Operating Income (Adjusted) -$53.8M -$75M -$107.7M -$167.9M -$222.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- $458K $346K --
Revenue Growth (YoY) -- -- -- -24.45% --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $13.7M $21.6M $32M $43.8M $61.9M
Selling, General & Admin $4.8M $6.2M $11.9M $15.5M $25.9M
Other Inc / (Exp) $9K -$68K $29K -$1.1M -$37K
Operating Expenses $18.5M $27.8M $43.9M $59.3M $87.8M
Operating Income -$18.5M -$27.8M -$43.5M -$59M -$87.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$18.3M -$27.9M -$41.9M -$57.5M -$76.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$18.3M -$27.9M -$41.9M -$57.5M -$76.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$18.3M -$27.9M -$41.9M -$57.5M -$76.8M
 
Basic EPS (Cont. Ops) -$0.56 -$0.73 -$0.78 -$1.01 -$0.96
Diluted EPS (Cont. Ops) -$0.56 -$0.73 -$0.78 -$1.01 -$0.96
Weighted Average Basic Share $32.9M $38.3M $53.8M $56.8M $80.1M
Weighted Average Diluted Share $32.9M $38.3M $53.8M $56.8M $80.1M
 
EBITDA -$18.2M -$27.6M -$43.2M -$58.7M -$87M
EBIT -$18.5M -$27.8M -$43.5M -$59M -$87.8M
 
Revenue (Reported) -- -- $458K $346K --
Operating Income (Reported) -$18.5M -$27.8M -$43.5M -$59M -$87.8M
Operating Income (Adjusted) -$18.5M -$27.8M -$43.5M -$59M -$87.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- $5.1M $4.7M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $52.3M $76.5M $117.8M $159.9M $219.2M
Selling, General & Admin $16.5M $22.1M $38.5M $52.3M $88.6M
Other Inc / (Exp) $63K -$13K -$1M -$535K -$4.9M
Operating Expenses $68.4M $98.6M $156.3M $212.2M $307.8M
Operating Income -$68.4M -$98.6M -$151.2M -$207.5M -$306.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$66.7M -$98.5M -$149.7M -$199.4M -$277.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$66.7M -$98.5M -$149.7M -$199.4M -$277.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$66.7M -$98.5M -$149.7M -$199.4M -$277.9M
 
Basic EPS (Cont. Ops) -$2.40 -$2.78 -$3.00 -$3.64 -$3.73
Diluted EPS (Cont. Ops) -$2.40 -$2.78 -$3.00 -$3.64 -$3.73
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$67.4M -$97.7M -$150.3M -$206.4M -$304.5M
EBIT -$68.4M -$98.6M -$151.2M -$207.5M -$306.8M
 
Revenue (Reported) -- -- $5.1M $4.7M --
Operating Income (Reported) -$68.4M -$98.6M -$151.2M -$207.5M -$306.8M
Operating Income (Adjusted) -$68.4M -$98.6M -$151.2M -$207.5M -$306.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $70K -- $4M $4M $1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $40.2M $59.7M $93.2M $122.9M $173.6M
Selling, General & Admin $13.1M $17.2M $31.1M $41M $71.6M
Other Inc / (Exp) $53K -$110K -$1M -$1.2M -$771K
Operating Expenses $53.2M $76.8M $124.4M $164M $245.1M
Operating Income -$53.2M -$76.8M -$120.3M -$160M -$244.1M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$52.2M -$76.8M -$118.9M -$154.4M -$217.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$52.2M -$76.8M -$118.9M -$154.4M -$217.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$52.2M -$76.8M -$118.9M -$154.4M -$217.8M
 
Basic EPS (Cont. Ops) -$1.80 -$2.12 -$2.32 -$2.80 -$2.83
Diluted EPS (Cont. Ops) -$1.80 -$2.12 -$2.32 -$2.80 -$2.83
Weighted Average Basic Share $88.8M $108.4M $154M $165M $231.4M
Weighted Average Diluted Share $88.8M $108.4M $154M $165M $231.4M
 
EBITDA -$52.4M -$76.1M -$119.6M -$159.1M -$242.1M
EBIT -$53.2M -$76.8M -$120.3M -$160M -$244.1M
 
Revenue (Reported) $70K -- $4M $4M $1M
Operating Income (Reported) -$53.2M -$76.8M -$120.3M -$160M -$244.1M
Operating Income (Adjusted) -$53.2M -$76.8M -$120.3M -$160M -$244.1M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $40.3M $93.1M $200.7M $32.7M $54.9M
Short Term Investments $78.1M $77.8M $133M $301.8M $503.7M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $3.8M $3.8M $9M $5.8M $4.7M
Other Current Assets -- $1M -- $1.9M $1.6M
Total Current Assets $123.3M $177.5M $344.7M $345.2M $574.2M
 
Property Plant And Equipment $6.5M $5.4M $4.7M $5M $57.4M
Long-Term Investments -- -- $1M -- $470K
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $582K $540K $500K $1.3M $3.3M
Total Assets $130.4M $183.4M $351M $352.2M $635.4M
 
Accounts Payable $2.7M $3.5M $3.4M $6.9M $6.5M
Accrued Expenses $2.8M $2.1M $5M $8.5M $16.6M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- $1.1M $4.2M
Other Current Liabilities $724K $835K $939K -- --
Total Current Liabilities $8.3M $10.5M $16M $27.7M $43.9M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $13.2M $14.5M $19.1M $35.8M $96.2M
 
Common Stock $210.8M $336.5M $607.6M $759.4M $1.2B
Other Common Equity Adj -- -- -$382K -$3.9M $977K
Common Equity $117.1M $168.9M $331.9M $316.3M $539.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $117.1M $168.9M $331.9M $316.3M $539.1M
 
Total Liabilities and Equity $130.4M $183.4M $351M $352.2M $635.4M
Cash and Short Terms $118.4M $170.9M $333.7M $334.4M $558.6M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $117.8M $161.5M $30.9M $142.8M $317.3M
Short Term Investments $69M $31.8M $337.5M $411.9M $545.4M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $5.5M $9.6M $6M $5.9M $6.4M
Other Current Assets -- -- $1.7M $3.5M $1.5M
Total Current Assets $194.1M $204M $378.3M $575.8M $877.6M
 
Property Plant And Equipment $5.7M $4.9M $5.2M $57.8M $56M
Long-Term Investments -- -- -- $4.7M --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $500K $500K $1.3M $3.3M $3.8M
Total Assets $200.3M $209.4M $384.9M $641.5M $937.4M
 
Accounts Payable $4.7M $6.2M $5.9M $5.8M $4.9M
Accrued Expenses -- -- $7.6M $16.1M $13.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $1M $4M $7.4M
Other Current Liabilities $810K $912K -- -- --
Total Current Liabilities $8.8M $12.4M $24.6M $40.5M $53.6M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $13.1M $15.8M $33.5M $93.8M $104.4M
 
Common Stock $333.2M $438.1M $750.6M $1.1B $1.7B
Other Common Equity Adj -- -- -- -$865K $2M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $187.2M $193.6M $351.4M $547.7M $833M
 
Total Liabilities and Equity $200.3M $209.4M $384.9M $641.5M $937.4M
Cash and Short Terms $186.8M $193.3M $368.4M $554.7M $862.7M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$50.4M -$73.8M -$107.6M -$163.9M -$214.5M
Depreciation & Amoritzation $887K $948K $922K $983K $1.1M
Stock-Based Compensation $6.3M $10.4M $17.4M $28.3M $40.9M
Change in Accounts Receivable -- $2.7M $6.3M $11M $14.6M
Change in Inventories -- -- -- -- --
Cash From Operations -$46.4M -$62M -$88.6M -$115.2M -$166.3M
 
Capital Expenditures -- -- $436K $1.7M $4.7M
Cash Acquisitions -- -- -- -- --
Cash From Investing $41.7M $217K -$56.5M -$174M -$200.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -$59K -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $67K $114.6M $252.7M $122M $388.9M
 
Beginning Cash (CF) $45.5M $40.8M $93.6M $201.2M $34M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$4.6M $52.8M $107.6M -$167.2M $22.2M
Ending Cash (CF) $40.8M $93.6M $201.2M $34M $56.2M
 
Levered Free Cash Flow -$46.9M -$62.2M -$89M -$116.9M -$171M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$18.3M -$27.9M -$41.9M -$57.5M -$76.8M
Depreciation & Amoritzation $244K $233K $248K $273K $770K
Stock-Based Compensation $2.8M $4.6M $7.4M $11M $18.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$18M -$25.7M -$38.5M -$41.3M -$62.8M
 
Capital Expenditures -- -- $682K $3.5M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$24.8M -$7M $6.8M -$193.3M $20.6M
 
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 -$158K $15.5M $1.1M $337.9M $57.3M
 
Beginning Cash (CF) $161.3M $179.3M $62.8M $40.9M $303.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$43M -$17.2M -$30.6M $103.2M $15.1M
Ending Cash (CF) $118.3M $162M $32.2M $144.1M $318.6M
 
Levered Free Cash Flow -$18.1M -$25.8M -$39.2M -$44.8M -$63.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$66.7M -$98.5M -$149.7M -$199.4M -$277.9M
Depreciation & Amoritzation $952K $912K $938K $1.1M $2.3M
Stock-Based Compensation $9.3M $15.2M $25.5M $37.3M $62.2M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$59.5M -$81.6M -$102.9M -$163M -$199.8M
 
Capital Expenditures -- -- $1.4M $4M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.7M $36.4M -$312.6M -$76.3M -$120M
 
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 $114.5M $88.9M $285.7M $351.1M $494.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $51.2M $43.7M -$129.8M $111.9M $174.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$59.7M -$82.1M -$104.3M -$167M -$203.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$52.2M -$76.8M -$118.9M -$154.4M -$217.8M
Depreciation & Amoritzation $723K $687K $703K $836K $2M
Stock-Based Compensation $7.5M $12.2M $20.3M $29.3M $50.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$46.1M -$65.7M -$80M -$127.8M -$161.3M
 
Capital Expenditures -- -- $1.4M $3.8M $2.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing $9.1M $45.3M -$210.8M -$113.1M -$32.7M
 
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 $114.5M $88.8M $121.8M $351M $456.4M
 
Beginning Cash (CF) $253.6M $378.9M $410M $117.3M $756.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $77.5M $68.4M -$169M $110.1M $262.4M
Ending Cash (CF) $331.1M $447.4M $241.1M $227.4M $1B
 
Levered Free Cash Flow -$46.3M -$66.1M -$81.4M -$131.5M -$164.1M

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