Financhill
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IVVD Quote, Financials, Valuation and Earnings

Last price:
$2.42
Seasonality move :
-15.83%
Day range:
$2.38 - $2.59
52-week range:
$0.35 - $3.07
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
6.30x
P/B ratio:
5.96x
Volume:
2.8M
Avg. volume:
4.5M
1-year change:
366.67%
Market cap:
$554.8M
Revenue:
$25.4M
EPS (TTM):
-$0.47
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- $25.4M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $1K $462K $2M $4.7M
Gross Profit -- -$1K -$462K -$2M $20.7M
Gross Profit Margin -- -- -- -- 81.36%
 
R&D Expenses $62.1M $182.9M $179.2M $158.7M $137.3M
Selling, General & Admin $3.2M $36.5M $47M $49.1M $63.4M
Other Inc / (Exp) -- -$7.4M -$15.1M $9.1M $7M
Operating Expenses $65.3M $219.4M $243.2M $205.8M $197.5M
Operating Income -$65.3M -$219.4M -$243.6M -$207.8M -$176.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$65.3M -$226.8M -$241.3M -$198.6M -$169.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$65.3M -$226.8M -$241.3M -$198.6M -$169.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$65.3M -$226.8M -$241.3M -$198.6M -$169.9M
 
Basic EPS (Cont. Ops) -$0.59 -$2.05 -$2.23 -$1.81 -$1.43
Diluted EPS (Cont. Ops) -$0.59 -$2.05 -$2.23 -$1.81 -$1.43
Weighted Average Basic Share $111.2M $110.8M $108.3M $109.5M $118.6M
Weighted Average Diluted Share $111.2M $110.8M $108.3M $109.5M $118.6M
 
EBITDA -$65.3M -$219.4M -$243.2M -$205.8M -$173.8M
EBIT -$65.3M -$219.4M -$243.6M -$207.8M -$176.9M
 
Revenue (Reported) -- -- -- -- $25.4M
Operating Income (Reported) -$65.3M -$219.4M -$243.6M -$207.8M -$176.9M
Operating Income (Adjusted) -$65.3M -$219.4M -$243.6M -$207.8M -$176.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- $9.3M $13.1M
Revenue Growth (YoY) -- -- -- -- 41.17%
 
Cost of Revenues -- $36K $508K $1.4M $1.5M
Gross Profit -- -$36K -$508K $7.9M $11.6M
Gross Profit Margin -- -- -- 85.32% 88.43%
 
R&D Expenses $49.4M $34.1M $25.6M $57.9M $8M
Selling, General & Admin $11.1M $13.2M $12.9M $13M $15M
Other Inc / (Exp) -$4M -$1.8M -$980K $1.6M --
Operating Expenses $60.4M $47.3M $38M $70.2M $22.6M
Operating Income -$60.4M -$47.3M -$38.5M -$62.3M -$11M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$60.4M -$45.1M -$39.4M -$60.7M -$10.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$60.4M -$45.1M -$39.4M -$60.7M -$10.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$60.4M -$45.1M -$39.4M -$60.7M -$10.5M
 
Basic EPS (Cont. Ops) -$0.54 -$0.42 -$0.36 -$0.51 -$0.06
Diluted EPS (Cont. Ops) -$0.54 -$0.42 -$0.36 -$0.51 -$0.06
Weighted Average Basic Share $111.3M $108.4M $109.8M $119.5M $170.2M
Weighted Average Diluted Share $111.3M $108.4M $109.8M $119.5M $170.2M
 
EBITDA -$60.4M -$47.3M -$38M -$61.8M -$10.6M
EBIT -$60.4M -$47.3M -$38.5M -$62.3M -$11M
 
Revenue (Reported) -- -- -- $9.3M $13.1M
Operating Income (Reported) -$60.4M -$47.3M -$38.5M -$62.3M -$11M
Operating Income (Adjusted) -$60.4M -$47.3M -$38.5M -$62.3M -$11M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- $11.6M $50M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $177K $1.7M $3M $6.5M
Gross Profit -- -$177K -$1.7M $8.6M $43.5M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $136.9M $231.7M $113.3M $181.6M $46.2M
Selling, General & Admin $21.9M $51.2M $44.6M $64.1M $62.8M
Other Inc / (Exp) -$47.3M -$876K -$8.7M $9.9M --
Operating Expenses $161M $282.7M $173.5M $243.6M $105.8M
Operating Income -$161M -$282.9M -$175.2M -$235M -$62.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$161M -$279.8M -$169.6M -$225.1M -$59.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$161M -$279.8M -$169.6M -$225.1M -$59.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$161M -$279.8M -$169.6M -$225.1M -$59.9M
 
Basic EPS (Cont. Ops) -$1.45 -$2.57 -$1.55 -$1.95 -$0.47
Diluted EPS (Cont. Ops) -$1.45 -$2.57 -$1.55 -$1.95 -$0.47
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$161M -$282.7M -$173.5M -$232.9M -$59M
EBIT -$161M -$282.9M -$175.2M -$235M -$62.2M
 
Revenue (Reported) -- -- -- $11.6M $50M
Operating Income (Reported) -$161M -$282.9M -$175.2M -$235M -$62.2M
Operating Income (Adjusted) -$161M -$282.9M -$175.2M -$235M -$62.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- $11.6M $36.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $176K $1.5M $2.5M $4.3M
Gross Profit -- -$176K -$1.5M $9.1M $31.9M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $122M $163.3M $97.4M $119.3M $28.3M
Selling, General & Admin $21.9M $36.5M $34M $49M $48.4M
Other Inc / (Exp) -$7.4M -$924K $5.4M $6.2M $633K
Operating Expenses $143.8M $199.6M $129.9M $166.7M $74.9M
Operating Income -$143.8M -$199.8M -$131.4M -$157.6M -$43M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$143.7M -$196.7M -$125M -$151.5M -$41.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$143.7M -$196.7M -$125M -$151.5M -$41.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$143.7M -$196.7M -$125M -$151.5M -$41.4M
 
Basic EPS (Cont. Ops) -$1.29 -$1.82 -$1.14 -$1.28 -$0.32
Diluted EPS (Cont. Ops) -$1.29 -$1.82 -$1.14 -$1.28 -$0.32
Weighted Average Basic Share $333.7M $324.5M $328M $354.5M $410.1M
Weighted Average Diluted Share $333.7M $324.5M $328M $354.5M $410.1M
 
EBITDA -$143.8M -$199.6M -$129.9M -$156.1M -$41.3M
EBIT -$143.8M -$199.8M -$131.4M -$157.6M -$43M
 
Revenue (Reported) -- -- -- $11.6M $36.2M
Operating Income (Reported) -$143.8M -$199.8M -$131.4M -$157.6M -$43M
Operating Income (Adjusted) -$143.8M -$199.8M -$131.4M -$157.6M -$43M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $115M $591.4M $372M $200.6M $69.3M
Short Term Investments -- $49.2M $279.9M -- --
Accounts Receivable, Net -- -- -- -- $10.9M
Inventory -- -- -- -- --
Prepaid Expenses $2.4M $23.8M $3.2M $21.7M $16.4M
Other Current Assets -- -- -- -- --
Total Current Assets $117.4M $616.7M $376.9M $224.9M $100.7M
 
Property Plant And Equipment -- $83K $6.1M $4.1M $2.9M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $3.3M $191K $175K $25.9M
Total Assets $117.4M $620.1M $383.2M $229.2M $129.5M
 
Accounts Payable -- $5.8M $1.5M $8M $10.4M
Accrued Expenses $4.1M $51.3M $15.9M $30.1M $46.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $1.6M $1.4M $1.3M
Other Current Liabilities -- -- $44K $35K $27K
Total Current Liabilities $13.1M $62.1M $25M $50.3M $62M
 
Long-Term Debt -- -- $2.2M $722K --
Capital Leases -- -- -- -- --
Total Liabilities $13.1M $62.1M $27.2M $51.7M $62M
 
Common Stock -- $11K $11K $11K $12K
Other Common Equity Adj -- -$8K -$272K -$13K -$5K
Common Equity -$65.2M $558M $356M $177.5M $67.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $104.3M $558M $356M $177.5M $67.5M
 
Total Liabilities and Equity $117.4M $620.1M $383.2M $229.2M $129.5M
Cash and Short Terms $115M $591.4M $372M $200.6M $69.3M
Total Debt -- -- $2.2M $722K --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $666.3M $418.7M $264.9M $106.9M $85M
Short Term Investments $188.1M $140.5M $83.1M -- --
Accounts Receivable, Net -- -- -- $8.2M $9.9M
Inventory -- -- -- $27.1M $429K
Prepaid Expenses $12.6M $1M $3.5M $5.9M $12.5M
Other Current Assets $579K -- -- -- --
Total Current Assets $680.2M $421.6M $270.1M $151.1M $109.8M
 
Property Plant And Equipment -- $2.9M $4.6M $3.4M $4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $6.1M $236K $187K $7.5M --
Total Assets $686.3M $424.7M $274.9M $161.9M $139.2M
 
Accounts Payable -- $16.8M $9.2M $17.7M $18.1M
Accrued Expenses $32.9M $24M $12.1M $56.1M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $329K $1.6M $1.4M --
Other Current Liabilities -- $53K $27K $20K --
Total Current Liabilities $53M $46.1M $26.8M $78.5M $44.5M
 
Long-Term Debt -- $1.2M $927K $219K $1.6M
Capital Leases -- -- -- -- --
Total Liabilities $53.1M $47.3M $28.4M $78.8M $46.1M
 
Common Stock $5K $11K $11K $12K $22K
Other Common Equity Adj $3K $46K -$2K -$18K --
Common Equity -- -- -- -- --
Total Preferred Equity -$101K -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $633.2M $377.4M $246.5M $83.2M $93.1M
 
Total Liabilities and Equity $686.3M $424.7M $274.9M $161.9M $139.2M
Cash and Short Terms $666.3M $418.7M $264.9M $106.9M $85M
Total Debt -- $1.2M $927K $219K $1.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$65.3M -$226.8M -$241.3M -$198.6M -$169.9M
Depreciation & Amoritzation -- $1K $462K $2M $3.1M
Stock-Based Compensation $155K $17.8M $21.6M $18.7M $19.8M
Change in Accounts Receivable -- -- -- -- -$10.9M
Change in Inventories -- -- -- -- -$24.9M
Cash From Operations -$14.6M -$184.7M -$220M -$173.2M -$170.5M
 
Capital Expenditures -- $84K $1.7M $615K $140K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$50.7M -$230.7M $280.7M -$140K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock $3K -- $4K $1K --
Other Financing Activities -- -$3.4M -- -$149K -$597K
Cash From Financing $129.6M $662.7M $506K $1M $39.3M
 
Beginning Cash (CF) $115M $542.2M $92.1M $200.6M $69.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $115M $427.2M -$450.1M $108.6M -$131.3M
Ending Cash (CF) $230M $969.5M -$358.1M $309.2M -$61.9M
 
Levered Free Cash Flow -$14.6M -$184.8M -$221.7M -$173.8M -$170.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$60.4M -$45.1M -$39.4M -$60.7M -$10.5M
Depreciation & Amoritzation -- $36K $508K $559K $431K
Stock-Based Compensation $6M $7.4M $4.3M $2.9M $3.1M
Change in Accounts Receivable -- -- -- -$5.3M -$1.4M
Change in Inventories -- -- -- -$20.8M $50K
Cash From Operations -$54.2M -$56.1M -$35.4M -$41.1M -$8.3M
 
Capital Expenditures -- $477K -- $5K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$188.6M -$140.8M $95.1M -$5K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$2.2M -- -- -$63K --
Cash From Financing $328.6M $246K $92K $61K $58.3M
 
Beginning Cash (CF) $478.3M $278.2M $181.8M $106.9M $85M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $85.8M -$196.7M $59.9M -$41M $50.1M
Ending Cash (CF) $564M $81.4M $241.7M $65.9M $135M
 
Levered Free Cash Flow -$54.2M -$56.6M -$35.4M -$41.1M -$8.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$161M -$279.8M -$169.6M -$225.1M -$59.9M
Depreciation & Amoritzation -- $257K $1.7M $2.1M $3.2M
Stock-Based Compensation $10.1M $23.6M $20.2M $21.1M $12.1M
Change in Accounts Receivable -- -- -- -$8.2M -$2M
Change in Inventories -- -- -- -$23.4M -$1.5M
Cash From Operations -$125M -$245.8M -$161.3M -$192.1M -$80.3M
 
Capital Expenditures -- $578K $1.8M $145K $150K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$188.6M $46.1M $64M $77.8M -$150K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock $3K $4K $1K -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $743.3M -$384K $1M $39.4M $58.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $429.7M -$200.1M -$96.3M -$75M -$21.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$125M -$246.4M -$163.2M -$192.3M -$80.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$143.7M -$196.7M -$125M -$151.5M -$41.4M
Depreciation & Amoritzation -- $256K $1.5M $1.6M $1.7M
Stock-Based Compensation $9.9M $15.7M $14.3M $16.7M $9.1M
Change in Accounts Receivable -- -- -- -$8.2M $731K
Change in Inventories -- -- -- -$23.4M -$21K
Cash From Operations -$111.5M -$172.6M -$113.9M -$132.9M -$42.7M
 
Capital Expenditures -- $494K $615K $145K $155K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$188.6M -$91.9M $202.8M -$145K -$155K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- $4K $1K -- --
Other Financing Activities -$2.6M -- -- -$507K -$71K
Cash From Financing $663.4M $365K $904K $39.3M $58.5M
 
Beginning Cash (CF) $962M $1.3B $430.2M $444.1M $168M
Foreign Exchange Rate Adjustment -- -- -- -- -$8K
Additions / Reductions $363.3M -$264.1M $89.7M -$93.8M $15.6M
Ending Cash (CF) $1.3B $1B $520M $350.4M $183.6M
 
Levered Free Cash Flow -$111.5M -$173.1M -$114.5M -$133M -$42.8M

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