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IKNA Quote, Financials, Valuation and Earnings

Last price:
$1.80
Seasonality move :
-0.82%
Day range:
$1.56 - $1.62
52-week range:
$1.22 - $2.30
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
8.20x
P/B ratio:
0.56x
Volume:
207.2K
Avg. volume:
105.6K
1-year change:
-20%
Market cap:
$75.3M
Revenue:
$9.2M
EPS (TTM):
-$1.22
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $13.8M $9.2M $31M $15.6M $9.2M
Revenue Growth (YoY) -- -33.15% 237.01% -49.6% -41.35%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $24.9M $44.8M $47.1M $64.3M $59.7M
Selling, General & Admin $7.3M $8.9M $18M $22.2M $24.9M
Other Inc / (Exp) $1.7M $263K -- $2.1M $7.1M
Operating Expenses $32.2M $53.7M $65.1M $86.5M $84.6M
Operating Income -$18.5M -$44.5M -$34.1M -$70.9M -$75.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$16.8M -$44.3M -$34.1M -$68.8M -$68.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- -$162K
Net Income to Company -$16.8M -$44.3M -$34.1M -$68.8M -$68.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$16.8M -$44.3M -$34.1M -$68.8M -$68.2M
 
Basic EPS (Cont. Ops) -$1.20 -$1.28 -$1.22 -$1.90 -$1.63
Diluted EPS (Cont. Ops) -$1.20 -$1.28 -$1.22 -$1.90 -$1.63
Weighted Average Basic Share $14M $34.6M $28M $36.2M $41.7M
Weighted Average Diluted Share $14M $34.6M $28M $36.2M $41.7M
 
EBITDA -$18.2M -$44.2M -$33.6M -$70.2M -$74.4M
EBIT -$18.5M -$44.5M -$34.1M -$70.9M -$75.4M
 
Revenue (Reported) $13.8M $9.2M $31M $15.6M $9.2M
Operating Income (Reported) -$18.5M -$44.5M -$34.1M -$70.9M -$75.4M
Operating Income (Adjusted) -$18.5M -$44.5M -$34.1M -$70.9M -$75.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $2.8M $3.7M $6.4M $1.2M --
Revenue Growth (YoY) -- 32.41% 70.9% -81.49% --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $7.2M $13.4M $18.9M $14.7M $6.8M
Selling, General & Admin $1.8M $4.9M $5.4M $6M $4.8M
Other Inc / (Exp) $11K -- $538K $2.2M $1.4M
Operating Expenses $9.1M $18.3M $24.3M $20.7M $11.6M
Operating Income -$6.2M -$14.5M -$17.9M -$19.5M -$11.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$6.2M -$14.5M -$17.3M -$17.3M -$10.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $10K
Net Income to Company -$6.2M -$14.5M -$17.3M -$17.3M -$10.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$6.2M -$14.5M -$17.3M -$17.3M -$10.2M
 
Basic EPS (Cont. Ops) -$0.44 -$0.40 -$0.48 -$0.40 -$0.21
Diluted EPS (Cont. Ops) -$0.44 -$0.40 -$0.48 -$0.40 -$0.21
Weighted Average Basic Share $14M $35.9M $36.3M $43.4M $48.3M
Weighted Average Diluted Share $14M $35.9M $36.3M $43.4M $48.3M
 
EBITDA -$6.2M -$14.4M -$17.7M -$19.3M -$11.5M
EBIT -$6.2M -$14.5M -$17.9M -$19.5M -$11.6M
 
Revenue (Reported) $2.8M $3.7M $6.4M $1.2M --
Operating Income (Reported) -$6.2M -$14.5M -$17.9M -$19.5M -$11.6M
Operating Income (Adjusted) -$6.2M -$14.5M -$17.9M -$19.5M -$11.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $10.8M $30.4M $14M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $58.2M $61M $61M $40.6M
Selling, General & Admin -- $15.6M $22.4M $21.6M $24.4M
Other Inc / (Exp) $263K $2K $949K $5.8M $4.6M
Operating Expenses -- $73.8M $83.4M $82.6M $64.9M
Operating Income -- -$63M -$53M -$68.6M -$64.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -$63M -$51.9M -$62.8M -$59.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- -$63K
Net Income to Company -- -$63M -$51.9M -$62.8M -$59.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$63M -$51.9M -$62.8M -$59.6M
 
Basic EPS (Cont. Ops) -- -$4.02 -$1.28 -$1.62 -$1.22
Diluted EPS (Cont. Ops) -- -$4.02 -$1.28 -$1.62 -$1.22
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -$62.5M -$52.3M -$67.7M -$63.6M
EBIT -- -$63M -$53M -$68.6M -$64.3M
 
Revenue (Reported) -- $10.8M $30.4M $14M --
Operating Income (Reported) -- -$63M -$53M -$68.6M -$64.3M
Operating Income (Adjusted) -- -$63M -$53M -$68.6M -$64.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $9.1M $10.8M $10.2M $8.5M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $21.4M $34.8M $48.7M $45.4M $26.3M
Selling, General & Admin $6.2M $12.9M $17.3M $16.6M $16.1M
Other Inc / (Exp) $263K -- $949K $4.8M $2.4M
Operating Expenses $27.6M $47.7M $66M $62M $42.4M
Operating Income -$18.5M -$36.9M -$55.8M -$53.5M -$42.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$18.2M -$36.9M -$54.7M -$48.7M -$40M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $99K
Net Income to Company -$18.2M -$36.9M -$54.7M -$48.7M -$40.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$18.2M -$36.9M -$54.7M -$48.7M -$40.1M
 
Basic EPS (Cont. Ops) -$1.30 -$3.27 -$1.52 -$1.23 -$0.82
Diluted EPS (Cont. Ops) -$1.30 -$3.27 -$1.52 -$1.23 -$0.82
Weighted Average Basic Share $42M $75.6M $108.5M $119M $144.8M
Weighted Average Diluted Share $42M $75.6M $108.5M $119M $144.8M
 
EBITDA -$17.9M -$36.5M -$55.2M -$52.8M -$42M
EBIT -$18.5M -$36.9M -$55.8M -$53.5M -$42.4M
 
Revenue (Reported) $9.1M $10.8M $10.2M $8.5M --
Operating Income (Reported) -$18.5M -$36.9M -$55.8M -$53.5M -$42.4M
Operating Income (Adjusted) -$18.5M -$36.9M -$55.8M -$53.5M -$42.4M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $82.1M $162.5M $232.2M $59.9M $119.9M
Short Term Investments -- -- -- $97M $55.6M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $1.9M $1.9M $3.7M $2.1M $2M
Other Current Assets $1.3M $1.5M $629K $964K $1.2M
Total Current Assets $85.2M $166M $236.5M $160M $178.7M
 
Property Plant And Equipment $769K $1.6M $9M $8.5M $8M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $86M $168.4M $247.9M $172.3M $192.1M
 
Accounts Payable $935K $2.1M $2.4M $2.1M $2.1M
Accrued Expenses $1.5M $3.2M $3M $5M $5.2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $186K $1.9M $1.9M $3.6M
Other Current Liabilities $121K $380K $26K $119K $85K
Total Current Liabilities $24.3M $28.3M $27.2M $21.5M $14.2M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $147.4M $269.5M $40M $25.3M $22.3M
 
Common Stock $3K $3K $36K $36K $48K
Other Common Equity Adj -- -- -- -$763K -$48K
Common Equity -$61.5M -$101M $207.9M $147M $169.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$61.5M -$101M $207.9M $147M $169.8M
 
Total Liabilities and Equity $86M $168.4M $247.9M $172.3M $192.1M
Cash and Short Terms $82.1M $162.5M $232.2M $156.9M $175.5M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents -- $245.9M $67.1M $121.3M $45.2M
Short Term Investments -- -- $107.3M $75.7M $92.8M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- $4.9M $2.4M $2.7M --
Other Current Assets -- $1M $1.2M $1M $3.5M
Total Current Assets -- $251.9M $178M $200.6M $141.5M
 
Property Plant And Equipment -- $9M $8.7M $10.6M $4.8M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $872K -- $4.1M $2.6M
Total Assets -- $261.7M $190.5M $215.3M $149M
 
Accounts Payable -- $1.9M $2.4M $4M $1.5M
Accrued Expenses -- $2.3M $5.9M $7.8M $2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $1.8M $1.9M $3.5M $3.9M
Other Current Liabilities -- $13K $30K $459K $47K
Total Current Liabilities -- $30.6M $25M $19.3M $9.2M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities -- $58.4M $31.7M $60M $14.8M
 
Common Stock -- $36K $36K $44K $48K
Other Common Equity Adj -- -- -$1.2M -$290K $240K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $203.3M $158.8M $155.3M $134.2M
 
Total Liabilities and Equity -- $261.7M $190.5M $215.3M $149M
Cash and Short Terms -- $245.9M $174.4M $196.9M $138M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$16.8M -$44.3M -$34.1M -$68.8M -$68.2M
Depreciation & Amoritzation $243K $300K $544K $751K $1M
Stock-Based Compensation $1.2M $1.8M $5.2M $7.5M $7.6M
Change in Accounts Receivable -$1.3M $519K $361K -$291K -$2.9M
Change in Inventories -- -- -- -- --
Cash From Operations $47.9M -$37.8M -$60.3M -$74.1M -$79.7M
 
Capital Expenditures $316K $766K $1.8M $1.4M $414K
Cash Acquisitions -- $3.7M -- -- --
Cash From Investing -$316K $2.9M -$1.8M -$99.3M $64.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -$57K -$146K -- -$663K
Other Financing Activities -- -- -- -- -$944K
Cash From Financing $16.3M $116.2M $131.7M $1.1M $76M
 
Beginning Cash (CF) $18.2M $82.1M $163.4M $233.1M $60.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $63.9M $81.3M $69.7M -$172.3M $60.4M
Ending Cash (CF) $82.1M $163.4M $233.1M $60.8M $121.2M
 
Levered Free Cash Flow $47.6M -$38.6M -$62M -$75.5M -$80.2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$6.2M -$14.5M -$17.3M -$17.3M -$10.2M
Depreciation & Amoritzation -$392K $147K $213K $242K $90K
Stock-Based Compensation $418K $1.4M $1.8M $2M $1M
Change in Accounts Receivable $227K -$546K -$1.2M -$666K $132K
Change in Inventories -- -- -- -- --
Cash From Operations -$7.7M -$18M -$17.2M -$20M -$8.9M
 
Capital Expenditures -- $184K $1.1M -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$184K $35.8M $31.9M $9.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- $39M --
Cash From Financing -- $69K $24K $38.9M --
 
Beginning Cash (CF) $64.4M $264.9M $49.4M $71.7M $45.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$7.7M -$18.1M $18.6M $50.8M $516K
Ending Cash (CF) $56.7M $246.8M $67.9M $122.6M $46.1M
 
Levered Free Cash Flow -$7.7M -$18.2M -$18.4M -$20M -$8.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -$63M -$51.9M -$62.8M -$59.6M
Depreciation & Amoritzation -- $456K $704K $925K $706K
Stock-Based Compensation $1.1M $4.2M $7.2M $7.7M $6.1M
Change in Accounts Receivable -- $336K $249K -$1.1M -$2.4M
Change in Inventories -- -- -- -- --
Cash From Operations -- -$59.5M -$69.8M -$75.6M -$61.6M
 
Capital Expenditures $116K $1.9M $1.8M $383K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- $1.8M -$110.3M $54.3M -$15M
 
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 -- $247.7M $1.3M -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- $190M -$178.8M $54.6M -$76.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -$61.3M -$71.6M -$76M -$61.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$18.2M -$36.9M -$54.7M -$48.7M -$40.1M
Depreciation & Amoritzation $225K $381K $541K $715K $401K
Stock-Based Compensation $1.1M $3.6M $5.7M $5.9M $4.3M
Change in Accounts Receivable $89K -$94K -$206K -$987K -$526K
Change in Inventories -- -- -- -- --
Cash From Operations -$25.3M -$46.9M -$56.5M -$57.9M -$39.7M
 
Capital Expenditures $116K $1.2M $1.2M $152K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$116K -$1.2M -$109.8M $43.8M -$35.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -$663K --
Other Financing Activities -- -$146K -- $39M --
Cash From Financing $21K $131.5M $1.1M $75.9M --
 
Beginning Cash (CF) $218.6M $710.1M $330.2M $162.7M $220.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$25.4M $83.4M -$165.1M $61.8M -$75.1M
Ending Cash (CF) $193.2M $793.5M $165.1M $224.5M $145.7M
 
Levered Free Cash Flow -$25.4M -$48.1M -$57.7M -$58.1M -$39.7M

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