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SPRY Quote, Financials, Valuation and Earnings

Last price:
$9.98
Seasonality move :
7.95%
Day range:
$9.44 - $10.02
52-week range:
$6.66 - $18.90
Dividend yield:
0%
P/E ratio:
174.21x
P/S ratio:
6.86x
P/B ratio:
6.67x
Volume:
1.4M
Avg. volume:
2.2M
1-year change:
-30.86%
Market cap:
$985.5M
Revenue:
$89.1M
EPS (TTM):
-$0.81
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $5.5M $1.3M $30K $89.1M
Revenue Growth (YoY) -- -69.13% -76.1% -97.72% 297063.33%
 
Cost of Revenues $1.7M $213K $319K $73K $1.2M
Gross Profit -$1.7M $5.3M $997K -$43K $88M
Gross Profit Margin -- 96.13% 75.76% -143.33% 98.67%
 
R&D Expenses $23.9M $20.3M $18.4M $20.3M $19.6M
Selling, General & Admin $8.3M $4.7M $18.5M $47.3M $71.7M
Other Inc / (Exp) -$596K -$789K $834K $13.2M $11.4M
Operating Expenses $31.2M $24.7M $36.5M $67.5M $91M
Operating Income -$32.9M -$19.5M -$35.5M -$67.5M -$3.1M
 
Net Interest Expenses $29K -- -- -- --
EBT. Incl. Unusual Items -$32.9M -$20.2M -$34.7M -$54.4M $8.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $288K
Net Income to Company -$32.9M -$20.2M -$34.7M -$54.4M $8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$32.9M -$20.2M -$34.7M -$54.4M $8M
 
Basic EPS (Cont. Ops) -$0.95 -$0.70 -$0.87 -$0.57 $0.08
Diluted EPS (Cont. Ops) -$0.95 -$0.70 -$0.87 -$0.57 $0.08
Weighted Average Basic Share $34.7M $28.9M $40M $95.2M $96.9M
Weighted Average Diluted Share $34.7M $28.9M $40M $95.2M $102.4M
 
EBITDA -$31.2M -$19.2M -$35.2M -$67.4M -$2.9M
EBIT -$32.9M -$19.5M -$35.5M -$67.5M -$3.1M
 
Revenue (Reported) -- $5.5M $1.3M $30K $89.1M
Operating Income (Reported) -$32.9M -$19.5M -$35.5M -$67.5M -$3.1M
Operating Income (Adjusted) -$32.9M -$19.5M -$35.5M -$67.5M -$3.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $189K -- $2.1M $32.5M
Revenue Growth (YoY) -- -- -100% -- 1471.62%
 
Cost of Revenues $541K $7K $21K $133K $8.2M
Gross Profit -$541K $182K -$21K $1.9M $24.3M
Gross Profit Margin -- 96.3% -- 93.57% 74.8%
 
R&D Expenses $15.4M $3.9M $3M $4.4M $2.8M
Selling, General & Admin $7M $2.9M $15M $19.3M $74.8M
Other Inc / (Exp) -- $47K $3.1M $2.6M --
Operating Expenses $22.1M $6.8M $18M $23.7M $77.5M
Operating Income -$22.7M -$6.6M -$18M -$21.7M -$53.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$22.7M -$6.6M -$14.9M -$19.1M -$51.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$22.7M -$6.6M -$14.9M -$19.1M -$51.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$22.7M -$6.6M -$14.9M -$19.1M -$51.2M
 
Basic EPS (Cont. Ops) -$0.65 -$0.21 -$0.16 -$0.20 -$0.52
Diluted EPS (Cont. Ops) -$0.65 -$0.21 -$0.16 -$0.20 -$0.52
Weighted Average Basic Share $35M $30.8M $95.6M $97M $98.8M
Weighted Average Diluted Share $35M $30.8M $95.6M $97M $98.8M
 
EBITDA -$22.1M -$6.6M -$18M -$21.7M -$52.8M
EBIT -$22.7M -$6.6M -$18M -$21.7M -$53.2M
 
Revenue (Reported) -- $189K -- $2.1M $32.5M
Operating Income (Reported) -$22.7M -$6.6M -$18M -$21.7M -$53.2M
Operating Income (Adjusted) -$22.7M -$6.6M -$18M -$21.7M -$53.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $1.3M $219K $2.6M $142.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2M $975K $68K $174K $15.6M
Gross Profit -$2M -$123K $151K $2.4M $127.2M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $53.7M $29.4M $20.8M $20M $12.8M
Selling, General & Admin $24.7M $15.4M $43.4M $43M $205.7M
Other Inc / (Exp) -- -$180K $11.1M $11.4M --
Operating Expenses $77.2M $43.5M $64.1M $62.9M $218M
Operating Income -$79.2M -$43.6M -$63.9M -$60.5M -$90.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$79.1M -$43.7M -$53.8M -$49.1M -$79.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $288K
Net Income to Company -- -$43.7M -- -$49.1M -$80M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$79.1M -$43.7M -$53.8M -$49.1M -$80M
 
Basic EPS (Cont. Ops) -$2.27 -$1.33 -$0.71 -$0.51 -$0.81
Diluted EPS (Cont. Ops) -$2.27 -$1.33 -$0.71 -$0.51 -$0.81
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$77.2M -$43.1M -$63.9M -$60.4M -$89.7M
EBIT -$79.2M -$43.6M -$63.9M -$60.5M -$90.8M
 
Revenue (Reported) -- $1.3M $219K $2.6M $142.8M
Operating Income (Reported) -$79.2M -$43.6M -$63.9M -$60.5M -$90.8M
Operating Income (Adjusted) -$79.2M -$43.6M -$63.9M -$60.5M -$90.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $1.3M $30K $2.6M $56.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.5M $545K $61K $162K $14.5M
Gross Profit -$1.5M $307K -$31K $2.4M $41.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $45M $13.7M $16.9M $16.6M $9.7M
Selling, General & Admin $20.4M $7.7M $40.5M $36.2M $170.2M
Other Inc / (Exp) -- -$180K $10.1M $8.3M $3.2M
Operating Expenses $64.6M $20.4M $57.3M $52.7M $179.6M
Operating Income -$66.1M -$20.1M -$57.3M -$50.3M -$138M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$66M -$20.3M -$47.2M -$41.9M -$130M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$66M -$20.3M -$47.2M -$41.9M -$130M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$66M -$20.3M -$47.2M -$41.9M -$130M
 
Basic EPS (Cont. Ops) -$1.89 -$0.66 -$0.50 -$0.43 -$1.32
Diluted EPS (Cont. Ops) -$1.89 -$0.66 -$0.50 -$0.43 -$1.32
Weighted Average Basic Share $104.7M $91.7M $284.7M $290.3M $295.2M
Weighted Average Diluted Share $104.7M $91.7M $284.7M $290.3M $295.2M
 
EBITDA -$64.6M -$20.1M -$57.2M -$50.2M -$137M
EBIT -$66.1M -$20.1M -$57.3M -$50.3M -$138M
 
Revenue (Reported) -- $1.3M $30K $2.6M $56.2M
Operating Income (Reported) -$66.1M -$20.1M -$57.3M -$50.3M -$138M
Operating Income (Adjusted) -$66.1M -$20.1M -$57.3M -$50.3M -$138M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $386.6M $60.1M $274.4M $228.4M $314M
Short Term Investments -- -- $63.9M $157.4M $263.2M
Accounts Receivable, Net $380K -- -- -- $8.2M
Inventory -- -- -- -- $5.2M
Prepaid Expenses $1.5M $666K $2.3M $2.4M $4.7M
Other Current Assets -- -- -- $652K $1.2M
Total Current Assets $390.7M $60.7M $277.7M $231.6M $334.3M
 
Property Plant And Equipment $3.8M $693K $774K $824K $1.1M
Long-Term Investments $350K -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- $617K $7.7M
Other Long-Term Assets $2K $23K -- -- $5.3M
Total Assets $394.8M $61.4M $281.4M $233.2M $351.2M
 
Accounts Payable $2.6M $1.8M $1.7M $759K $9.9M
Accrued Expenses $840K $639K $1.7M $1.1M $10.7M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $144K $230K $237K $42K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $9.6M $8.2M $5.4M $2.4M $23.4M
 
Long-Term Debt $2.3M $5.4M $251K $37K --
Capital Leases -- -- -- -- --
Total Liabilities $11.9M $16.7M $8.5M $2.4M $94.4M
 
Common Stock $3K $3K $9K $10K $10K
Other Common Equity Adj -- -- $407K $49K $220K
Common Equity $382.9M -$31.3M $272.9M $230.8M $256.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $382.9M $44.8M $272.9M $230.8M $256.8M
 
Total Liabilities and Equity $394.8M $61.4M $281.4M $233.2M $351.2M
Cash and Short Terms $386.6M $60.1M $274.4M $228.4M $314M
Total Debt $4.1M $8.9M $251K $37K --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $300.7M $266.6M $241.9M $204.6M $288.2M
Short Term Investments -- -- $181.4M $165M --
Accounts Receivable, Net -- -- -- $773K $36.5M
Inventory -- -- -- $715K $7.8M
Prepaid Expenses -- -- $1.8M $1.4M $3.8M
Other Current Assets -- -- -- $441K --
Total Current Assets $305.4M $270.8M $244.5M $208.5M $338.9M
 
Property Plant And Equipment $6.9M $15K $917K $935K $2.6M
Long-Term Investments $40.3M $250K -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- $690K $7.9M --
Other Long-Term Assets -- -- -- -- --
Total Assets $352.6M $271.1M $248.6M $217.6M $372.8M
 
Accounts Payable $1.7M $126K $3M $8.3M $8.4M
Accrued Expenses -- -- $4.7M $4.5M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $235K $102K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $15.3M $4M $11.2M $16.6M $50.9M
 
Long-Term Debt $5.1M -- $92K -- $97.2M
Capital Leases -- -- -- -- --
Total Liabilities $20.4M $4M $11.3M $16.6M $225.1M
 
Common Stock $4K $4K $9K $10K $10K
Other Common Equity Adj -- -- -$161K $339K --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $332.1M $267.1M $237.3M $201M $147.7M
 
Total Liabilities and Equity $352.6M $271.1M $248.6M $217.6M $372.8M
Cash and Short Terms $300.7M $266.6M $241.9M $204.6M $288.2M
Total Debt $6.2M -- $92K -- $97.2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$32.9M -$20.2M -$34.7M -$54.4M $8M
Depreciation & Amoritzation $1.7M $213K $319K $73K $79K
Stock-Based Compensation $2.6M $2.8M $5.8M $9.2M $14.5M
Change in Accounts Receivable -- -- -- -- -$8.2M
Change in Inventories -- -- -- -- -$5.9M
Cash From Operations -$31.2M -$17.6M -$40.1M -$59.3M $13.5M
 
Capital Expenditures $917K $55K $199K $175K $563K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$917K -$55K -$199K -$87.2M -$106.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $5M -- -- -- --
Long-Term Debt Repaid -- -$1.8M -$8.7M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- $198.8M -- $69.4M
Cash From Financing $408.5M $53.2M $190.7M $6.9M $72.4M
 
Beginning Cash (CF) $386.6M $60.1M $210.5M $71M $50.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $376.4M $35.5M $150.5M -$139.5M -$20.2M
Ending Cash (CF) $763M $95.6M $361M -$68.6M $30.7M
 
Levered Free Cash Flow -$32.1M -$17.6M -$40.3M -$59.4M $13M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$22.7M -$6.6M -$14.9M -$19.1M -$51.2M
Depreciation & Amoritzation $541K $7K $21K $21K $391K
Stock-Based Compensation $5M $460K $2.6M $3.6M $5.7M
Change in Accounts Receivable -- -$328K -- -$773K -$14M
Change in Inventories -- -- -- -$183K $963K
Cash From Operations -$19.1M -$5.7M -$12.8M -$14.5M -$47M
 
Capital Expenditures $87K $30K $43K $140K $197K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$40.1M -$30K -$46.6M $16.8M -$45M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$909K -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$647K -- -- --
Cash From Financing $148K -$1.6M $921K $680K $100M
 
Beginning Cash (CF) $300.7M $203.2M $60.5M $39.7M $59.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$59M -$7.3M -$58.5M $3M $8M
Ending Cash (CF) $241.6M $196M $2M $42.7M $67.6M
 
Levered Free Cash Flow -$19.2M -$5.7M -$12.8M -$14.6M -$47.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -$43.7M -- -$49.1M -$80M
Depreciation & Amoritzation -- $450K -- $62K $979K
Stock-Based Compensation -- $6.2M -- $12.5M $20.6M
Change in Accounts Receivable -- -- -- -- -$35.8M
Change in Inventories -- -- -- -- -$18M
Cash From Operations -- -$40.9M -- -$45.9M -$85.4M
 
Capital Expenditures $822K $623K $296K $170K $641K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$25.8M -- $21.7M -$69.1M
 
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 -- -$2.8M -- $3.3M $174.4M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$69.5M -- -$20.9M $19.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -$41.5M -- -$46M -$86M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$66M -$20.3M -$47.2M -$41.9M -$130M
Depreciation & Amoritzation $1.5M $20K $61K $50K $950K
Stock-Based Compensation $14M $1.1M $7M $10.3M $16.4M
Change in Accounts Receivable -- -$328K -- -$773K -$28.4M
Change in Inventories -- -- -- -$183K -$12.3M
Cash From Operations -$45.5M -$19.6M -$41.9M -$28.5M -$127.4M
 
Capital Expenditures $822K $73K $266K $261K $339K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$40.8M -$73K -$113.2M -$4.3M $32.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$2.7M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$647K -- -- --
Cash From Financing $339K -$3.1M $5.1M $1.5M $103.5M
 
Beginning Cash (CF) $1B $655.9M $267.4M $132.3M $151M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$85.9M -$22.7M -$150M -$31.3M $8.7M
Ending Cash (CF) $948.6M $633.2M $117.4M $101M $159.7M
 
Levered Free Cash Flow -$46.3M -$19.7M -$42.1M -$28.7M -$127.7M

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