Financhill
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48

GRCE Quote, Financials, Valuation and Earnings

Last price:
$3.43
Seasonality move :
-16.02%
Day range:
$3.36 - $3.48
52-week range:
$1.75 - $4.69
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
0.85x
Volume:
130.1K
Avg. volume:
55.7K
1-year change:
-16.79%
Market cap:
$53.7M
Revenue:
--
EPS (TTM):
-$0.58
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $196K -- -- -- --
Revenue Growth (YoY) -- -100% -- -- --
 
Cost of Revenues $76K -- $124K $11K $7K
Gross Profit $120K -- -$124K -$11K -$7K
Gross Profit Margin 61.23% -- -- -- --
 
R&D Expenses $4.2M $6.1M $10.1M $4.6M $9.5M
Selling, General & Admin $6.7M $9.8M $8.3M $6.7M $7.2M
Other Inc / (Exp) -$8.8M $4.8M -$34M -$4.2M $3.2M
Operating Expenses $10.8M $15.9M $18.3M $11.3M $16.7M
Operating Income -$10.7M -$15.9M -$18.4M -$11.3M -$16.7M
 
Net Interest Expenses $157K -- -- -- --
EBT. Incl. Unusual Items -$19.7M -$11M -$52.1M -$14.6M -$12.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -$1.2M -$9.7M -$1.8M -$3.2M
Net Income to Company -$19.7M -$9.8M -$42.4M -$12.9M -$9.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$19.7M -$9.8M -$42.4M -$12.9M -$9.6M
 
Basic EPS (Cont. Ops) -$7.98 -$1.60 -$5.71 -$1.35 -$0.79
Diluted EPS (Cont. Ops) -$7.98 -$1.60 -$5.71 -$1.35 -$0.79
Weighted Average Basic Share $2.5M $6.1M $7.4M $9.5M $12.1M
Weighted Average Diluted Share $2.5M $6.1M $7.4M $9.5M $12.1M
 
EBITDA -$9.8M -$15.9M -$18.3M -$11.3M -$16.7M
EBIT -$10.7M -$15.9M -$18.4M -$11.3M -$16.7M
 
Revenue (Reported) $196K -- -- -- --
Operating Income (Reported) -$10.7M -$15.9M -$18.4M -$11.3M -$16.7M
Operating Income (Adjusted) -$10.7M -$15.9M -$18.4M -$11.3M -$16.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $2K $2K --
Gross Profit -- -- -$2K -$2K --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $714K $3.2M $456K $3M $568K
Selling, General & Admin $3M $1.8M $1.6M $1.9M $2M
Other Inc / (Exp) $4.5M -$12K -$1.8M $375K --
Operating Expenses $3.7M $5M $2.1M $4.8M $2.5M
Operating Income -$3.7M -$5M -$2.1M -$4.8M -$2.5M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $852K -$5M -$3.7M -$4.3M -$938K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$129K -$46K -$442K -$852K --
Net Income to Company $1M -$4.8M -$3.3M -$3.4M -$949.1K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $981K -$4.9M -$3.3M -$3.4M -$938K
 
Basic EPS (Cont. Ops) $0.18 -$0.66 -$0.43 -$0.30 -$0.06
Diluted EPS (Cont. Ops) $0.18 -$0.66 -$0.43 -$0.30 -$0.06
Weighted Average Basic Share $5.5M $7.4M $7.6M $11.5M $15.9M
Weighted Average Diluted Share $5.5M $7.4M $7.6M $11.5M $15.9M
 
EBITDA -$3.7M -$5M -$2.1M -$4.8M -$2.5M
EBIT -$3.7M -$5M -$2.1M -$4.8M -$2.5M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$3.7M -$5M -$2.1M -$4.8M -$2.5M
Operating Income (Adjusted) -$3.7M -$5M -$2.1M -$4.8M -$2.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $196K -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $76K $167K $17K $5K $6K
Gross Profit $120K -$167K -$17K -$5K -$6K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $2.4M $10.8M $5.7M $8.8M $5.4M
Selling, General & Admin $8.5M $8.1M $7.8M $7.3M $7.2M
Other Inc / (Exp) -$397K $292K -$37.2M $849K --
Operating Expenses $10.9M $18.8M $13.5M $16.1M $12.5M
Operating Income -$10.7M -$19M -$13.5M -$16.1M -$12.5M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$11.2M -$18.7M -$50.2M -$14.3M -$9.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$173K -$1.6M -$9.9M -$2.7M -$1.6M
Net Income to Company -$11.6M -$17M -$39.5M -$11.6M -$7.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$11M -$17.1M -$40.3M -$11.6M -$7.8M
 
Basic EPS (Cont. Ops) -$3.38 -$2.32 -$5.41 -$1.08 -$0.58
Diluted EPS (Cont. Ops) -$3.18 -$2.32 -$5.41 -$1.08 -$0.58
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$10.7M -$18.8M -$13.5M -$16.1M -$12.5M
EBIT -$10.7M -$19M -$13.5M -$16.1M -$12.5M
 
Revenue (Reported) $196K -- -- -- --
Operating Income (Reported) -$10.7M -$19M -$13.5M -$16.1M -$12.5M
Operating Income (Adjusted) -$10.7M -$19M -$13.5M -$16.1M -$12.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $167K $9K $3K $2K
Gross Profit -- -$167K -$9K -$3K -$2K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $1.2M $5.8M $1.5M $5.7M $1.5M
Selling, General & Admin $5.7M $4M $3.5M $4.1M $4.1M
Other Inc / (Exp) $4.4M -$80K -$3.3M $1.8M --
Operating Expenses $6.8M $9.8M $5M $9.8M $5.6M
Operating Income -$6.8M -$9.9M -$5M -$9.8M -$5.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$2.3M -$9.9M -$8M -$7.6M -$4.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$129K -$478K -$680K -$1.6M --
Net Income to Company -$2.1M -$9.3M -$7.3M -$6.1M -$4.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.1M -$9.5M -$7.3M -$6M -$4.3M
 
Basic EPS (Cont. Ops) -$0.54 -$1.28 -$0.97 -$0.54 -$0.27
Diluted EPS (Cont. Ops) -$0.54 -$1.28 -$0.97 -$0.54 -$0.27
Weighted Average Basic Share $9.8M $14.8M $15M $22.4M $31.8M
Weighted Average Diluted Share $9.8M $14.8M $15M $22.4M $31.8M
 
EBITDA -$6.8M -$9.8M -$5M -$9.8M -$5.6M
EBIT -$6.8M -$9.9M -$5M -$9.8M -$5.6M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$6.8M -$9.9M -$5M -$9.8M -$5.6M
Operating Income (Adjusted) -$6.8M -$9.9M -$5M -$9.8M -$5.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $50.9M $43.7M $27.9M $23M $22.1M
Short Term Investments $9.8M $13.3M $15K -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $343K $720K $598K $283K $453K
Other Current Assets -- -- -- -- --
Total Current Assets $62.4M $45.5M $29.3M $24M $22.7M
 
Property Plant And Equipment $86K $315K $567K $24K $15K
Long-Term Investments -- -- -- -- --
Goodwill -- $13M $8.1M $8.1M $8.1M
Other Intangibles -- $69.8M $41.1M $41.1M $41.1M
Other Long-Term Assets -- -- -- -- --
Total Assets $62.5M $128.6M $79.1M $73.3M $81.2M
 
Accounts Payable $115K $1.7M $1.2M $1M $601K
Accrued Expenses $607K $296K $946K $176K $668K
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $86K $104K $75K -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $1.6M $3.3M $3.4M $1.7M $1.9M
 
Long-Term Debt -- $191K $410K -- --
Capital Leases -- -- -- -- --
Total Liabilities $6.8M $20.4M $11.2M $11.6M $14.6M
 
Common Stock $197.2M $258M $258.3M $261M $1K
Other Common Equity Adj -$6.3M -$6M -$6M -$6M -$6M
Common Equity $55.7M $108.3M $68M $61.7M $66.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $55.7M $108.3M $68M $61.7M $66.6M
 
Total Liabilities and Equity $62.5M $128.6M $79.1M $73.3M $81.2M
Cash and Short Terms $60.7M $43.7M $27.9M $23M $22.1M
Total Debt -- $191K $410K -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $50.8M $34.9M $27M $15.2M $16.9M
Short Term Investments $13.9M $14K $15K $15K --
Accounts Receivable, Net $813K $859K -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $2.2M $1.4M $1M $477K $416K
Other Current Assets -- -- -- -- --
Total Current Assets $54.5M $37.5M $28.9M $16.1M $17.3M
 
Property Plant And Equipment $43K $632K $57K $21K $12K
Long-Term Investments -- -- -- -- --
Goodwill -- $13M $8.1M $8.1M --
Other Intangibles $65.2M $69.8M $41.1M $41.1M --
Other Long-Term Assets -- -- -- -- --
Total Assets $119.8M $120.9M $78.2M $65.3M $66.6M
 
Accounts Payable -- $3.7M $685K $1.7M $459K
Accrued Expenses -- -- $460K $626K --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $43K $70K $46K -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $4.5M $3.8M $1.4M $2.7M $1.2M
 
Long-Term Debt -- $450K -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $5.6M $20.7M $11.5M $9.2M $3.8M
 
Common Stock $258M $258.3M $261M $261M $1K
Other Common Equity Adj -$6.7M -$6M -$6M -$6M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $114.2M $100.2M $66.7M $56.1M $62.8M
 
Total Liabilities and Equity $119.8M $120.9M $78.2M $65.3M $66.6M
Cash and Short Terms $50.8M $34.9M $27M $15.2M $16.9M
Total Debt $43K $450K -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$19.7M -$9.8M -$42.4M -$12.9M -$9.6M
Depreciation & Amoritzation $924K -- $124K $11K $7K
Stock-Based Compensation $1.2M $1.3M $1.8M $913K $730K
Change in Accounts Receivable $58K -$18K -- $80K $596K
Change in Inventories -- -- -- -- --
Cash From Operations -$14.3M -$17.2M -$15.9M -$12.3M -$14.9M
 
Capital Expenditures $69K -- $17K $22K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$9.9M -$3.5M $13.2M $104K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$143K -- -- -$162K -$967K
Cash From Financing $59.5M -- $304K $7.4M $14M
 
Beginning Cash (CF) $14.2M $30.3M $27.9M $23M $22.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $35.3M -$20.6M -$2.5M -$4.9M -$872K
Ending Cash (CF) $50.9M $9.9M $25.4M $18.1M $21.3M
 
Levered Free Cash Flow -$14.4M -$17.2M -$15.9M -$12.4M -$14.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $1M -$4.8M -$3.3M -$3.4M -$949.1K
Depreciation & Amoritzation -- -$62.2K $2K $2K --
Stock-Based Compensation $110.6K $570.5K $280.2K $202.7K $207.2K
Change in Accounts Receivable -$376.4K $79K -- -$18.5K $200
Change in Inventories -- -- -- -- --
Cash From Operations -$6M -$3.3M -$2.1M -$4.3M -$3.2M
 
Capital Expenditures -- $1.9K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $2.9M -$241K $110.1K -- --
 
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 -- $105.6K $7.4M -- -$800
 
Beginning Cash (CF) $36.9M $34.9M $27M $15.2M $16.9M
Foreign Exchange Rate Adjustment -$773.7K -$24.8K $2K -- --
Additions / Reductions -$3.9M -$3.5M $5.4M -$4.3M -$3.2M
Ending Cash (CF) $32.3M $31.4M $32.4M $10.9M $13.7M
 
Levered Free Cash Flow -$6M -$3.3M -$2.1M -$4.3M -$3.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$11.6M -$17M -$39.5M -$11.6M -$7.5M
Depreciation & Amoritzation $23.7K $104.8K $25.5K $5K $5.8K
Stock-Based Compensation $436.2K $2.1M $1.1M $995.5K $776.2K
Change in Accounts Receivable -$174.9K -$89.5K -- $352.5K $376.5K
Change in Inventories -- -- -- -- --
Cash From Operations -$15.8M -$16.4M -$15.2M -$11.8M -$11.6M
 
Capital Expenditures $1.7K $8.9K $7.8K $22K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$14.3M $13.6M -$39.6K -$21.1K $15K
 
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 $56.9M $300.6K $7.4M -$4.3K $13.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $27.2M -$2M -$7.8M -$11.8M $1.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$15.8M -$16.5M -$15.2M -$11.8M -$11.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$2.1M -$9.3M -$7.3M -$6.1M -$4.3M
Depreciation & Amoritzation -- $104.8K $9K $3K $2K
Stock-Based Compensation $263.6K $1M $358.2K $440.7K $509.2K
Change in Accounts Receivable -$283.4K -$355K $35K $307.5K $106.2K
Change in Inventories -- -- -- -- --
Cash From Operations -$9.4M -$8.8M -$8.4M -$7.8M -$5M
 
Capital Expenditures -- $8.9K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$4M $13M $110.1K -$15K --
 
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 -- $300.6K $7.4M -- -$327.8K
 
Beginning Cash (CF) $87.9M $73.3M $48.6M $34.5M $36.9M
Foreign Exchange Rate Adjustment -$412.7K -$13.8K -- -- --
Additions / Reductions -$14.2M $4.5M -$884.6K -$7.9M -$5.3M
Ending Cash (CF) $73.3M $77.8M $47.7M $26.7M $31.6M
 
Levered Free Cash Flow -$9.4M -$8.8M -$8.4M -$7.8M -$5M

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