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TCRT Quote, Financials, Valuation and Earnings

Last price:
$3.19
Seasonality move :
10.25%
Day range:
$3.13 - $3.34
52-week range:
$1.31 - $6.20
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
950.41x
P/B ratio:
2.57x
Volume:
54.2K
Avg. volume:
63.1K
1-year change:
69.55%
Market cap:
$7.2M
Revenue:
$10K
EPS (TTM):
-$2.31
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $398K $2.9M $5K $10K
Revenue Growth (YoY) -- -- 634.17% -99.83% 100%
 
Cost of Revenues $1.1M $2.6M $2.8M $2.3M $2K
Gross Profit -$1.1M -$2.2M $163K -$2.3M $8K
Gross Profit Margin -- -552.51% 5.58% -46200% 80%
 
R&D Expenses $52.7M $47.3M $25M $16.3M $362K
Selling, General & Admin $27.7M $27.6M $13.1M $12.2M $4.5M
Other Inc / (Exp) $385K -$753K $662K -$4.7M $133K
Operating Expenses $79.2M $71M $35.4M $26.2M $4.8M
Operating Income -$80.4M -$73.2M -$35.2M -$28.5M -$4.8M
 
Net Interest Expenses -- $1.2M $3.2M $1.9M --
EBT. Incl. Unusual Items -$80M -$78.8M -$37.7M -$35.1M -$4.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$80M -$78.8M -$37.7M -$35.1M -$4.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$80M -$78.8M -$37.7M -$35.1M -$4.7M
 
Basic EPS (Cont. Ops) -$57.23 -$55.10 -$26.07 -$21.97 -$2.92
Diluted EPS (Cont. Ops) -$57.23 -$55.10 -$26.07 -$21.97 -$2.92
Weighted Average Basic Share $1.4M $1.4M $1.4M $1.6M $1.6M
Weighted Average Diluted Share $1.4M $1.4M $1.4M $1.6M $1.6M
 
EBITDA -$79.2M -$70.6M -$32.5M -$26.2M -$4.8M
EBIT -$80.4M -$73.2M -$35.2M -$28.5M -$4.8M
 
Revenue (Reported) -- $398K $2.9M $5K $10K
Operating Income (Reported) -$80.4M -$73.2M -$35.2M -$28.5M -$4.8M
Operating Income (Adjusted) -$80.4M -$73.2M -$35.2M -$28.5M -$4.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $398K $2.9M -- -- --
Revenue Growth (YoY) -- 631.41% -100% -- --
 
Cost of Revenues -- $691K $1.1M -- --
Gross Profit -- $2.2M -$1.1M -- --
Gross Profit Margin -- 76.26% -- -- --
 
R&D Expenses $12.3M $7.9M $3.7M $143K $469K
Selling, General & Admin $8.2M $3.3M $3.6M $1M $718K
Other Inc / (Exp) $7K $254K -$1.2M $23K --
Operating Expenses $18.8M $10.5M $6.2M $1.2M $1.2M
Operating Income -$18.8M -$8.3M -$7.2M -$1.2M -$1.2M
 
Net Interest Expenses $444K $841K -- -- --
EBT. Incl. Unusual Items -$22.7M -$8.9M -$8.5M -$1.1M -$1.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$22.7M -$8.9M -$8.5M -$1.1M -$1.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$22.7M -$8.9M -$8.5M -$1.1M -$1.2M
 
Basic EPS (Cont. Ops) -$15.89 -$6.17 -$5.30 -$0.70 -$0.55
Diluted EPS (Cont. Ops) -$15.89 -$6.17 -$5.30 -$0.70 -$0.55
Weighted Average Basic Share $1.4M $1.4M $1.6M $1.6M $2.2M
Weighted Average Diluted Share $1.4M $1.4M $1.6M $1.6M $2.2M
 
EBITDA -$18.1M -$7.6M -$6.2M -$1.2M -$1.2M
EBIT -$18.8M -$8.3M -$7.2M -$1.2M -$1.2M
 
Revenue (Reported) $398K $2.9M -- -- --
Operating Income (Reported) -$18.8M -$8.3M -$7.2M -$1.2M -$1.2M
Operating Income (Adjusted) -$18.8M -$8.3M -$7.2M -$1.2M -$1.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $398K $2.9M $15K $6K $6K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $2.8M $4.1M $244K --
Gross Profit -$1.6M $141K -$4.1M -$238K --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $53.2M $27.5M $21M $1.4M --
Selling, General & Admin $34.3M $12.3M $12.7M $6M $3.1M
Other Inc / (Exp) $399K -$330K $7K -$4.4M --
Operating Expenses $84.1M $37M $29.6M $7.2M $4.1M
Operating Income -$85.7M -$36.9M -$33.7M -$7.4M -$4.1M
 
Net Interest Expenses $444K $3M $2.8M -- --
EBT. Incl. Unusual Items -$89.7M -$40.4M -$36.5M -$11.8M -$4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$89.7M -$40.4M -$36.5M -$11.8M -$4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$89.7M -$40.4M -$36.5M -$11.8M -$4M
 
Basic EPS (Cont. Ops) -$62.90 -$28.17 -$23.22 -$7.36 -$2.31
Diluted EPS (Cont. Ops) -$62.90 -$28.17 -$23.22 -$7.36 -$2.31
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$83.4M -$34.1M -$29.6M -$7.2M -$4.1M
EBIT -$85.7M -$36.9M -$33.7M -$7.4M -$4.1M
 
Revenue (Reported) $398K $2.9M $15K $6K $6K
Operating Income (Reported) -$85.7M -$36.9M -$33.7M -$7.4M -$4.1M
Operating Income (Adjusted) -$85.7M -$36.9M -$33.7M -$7.4M -$4.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $398K $2.9M $4K $5K $2K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.2M $2.1M $3.3M $3K --
Gross Profit -$1.2M $846K -$3.3M $2K --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $39.2M $19.4M $15.3M $449K $1M
Selling, General & Admin $25.5M $10.2M $9.8M $3.6M $2.3M
Other Inc / (Exp) -$15K $408K -$243K $120K $19K
Operating Expenses $61.7M $27.6M $21.8M $4.1M $3.3M
Operating Income -$63M -$26.7M -$25.1M -$4.1M -$3.3M
 
Net Interest Expenses $444K $2.3M $1.9M -- --
EBT. Incl. Unusual Items -$67M -$28.6M -$27.3M -$3.9M -$3.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$67M -$28.6M -$27.3M -$3.9M -$3.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$67M -$28.6M -$27.3M -$3.9M -$3.3M
 
Basic EPS (Cont. Ops) -$46.86 -$19.93 -$17.07 -$2.46 -$1.85
Diluted EPS (Cont. Ops) -$46.86 -$19.93 -$17.07 -$2.46 -$1.85
Weighted Average Basic Share $4.3M $4.3M $4.8M $4.8M $5.5M
Weighted Average Diluted Share $4.3M $4.3M $4.8M $4.8M $5.5M
 
EBITDA -$61.1M -$24.7M -$21.8M -$4.1M -$3.3M
EBIT -$63M -$26.7M -$25.1M -$4.1M -$3.3M
 
Revenue (Reported) $398K $2.9M $4K $5K $2K
Operating Income (Reported) -$63M -$26.7M -$25.1M -$4.1M -$3.3M
Operating Income (Adjusted) -$63M -$26.7M -$25.1M -$4.1M -$3.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $115.1M $76.1M $53M $6.1M $1.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $4.7M $1.1M $4K $1K $5K
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $10.9M $1.7M $799K $2.2M $1.7M
Total Current Assets $130.6M $78.8M $53.8M $8.3M $2.8M
 
Property Plant And Equipment $14.9M $15.4M $10.6M $2K --
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $745K $631K $500K -- --
Total Assets $146.3M $94.9M $64.9M $8.3M $2.8M
 
Accounts Payable $960K $1.4M $1.4M $616K $516K
Accrued Expenses $13.3M $4.2M $4.3M $1.3M $176K
Current Portion Of Long-Term Debt -- $7.9M $16.8M -- --
Current Portion Of Capital Lease Obligations $819K $729K $558K -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $18.4M $16M $24.2M $2M $692K
 
Long-Term Debt $4M $20.8M $2.2M -- --
Capital Leases -- -- -- -- --
Total Liabilities $22.4M $36.8M $26.4M $2M $692K
 
Common Stock $215K $216K $240K $16K $2K
Other Common Equity Adj -- -- -- -- --
Common Equity $124M $58.1M $38.6M $6.3M $2.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $124M $58.1M $38.6M $6.3M $2.1M
 
Total Liabilities and Equity $146.3M $94.9M $64.9M $8.3M $2.8M
Cash and Short Terms $115.1M $76.1M $53M $6.1M $1.1M
Total Debt $4M $28.6M $19M -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $91.7M $51.7M $11.9M $1.7M $1.9M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $1.5M $2.9M -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $3.3M $849K $925K $1.9M --
Total Current Assets $96.6M $55.5M $12.9M $3.6M $2.7M
 
Property Plant And Equipment $16.8M $11.3M $6.6M -- $97K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2K $500K -- -- --
Total Assets $113.8M $67.3M $19.4M $3.6M $3.7M
 
Accounts Payable $1.5M $2M $1.3M $458K $843K
Accrued Expenses $14M $7.7M $3.1M $368K --
Current Portion Of Long-Term Debt $12M $22.7M -- -- --
Current Portion Of Capital Lease Obligations $710K $542K $307K -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $28.2M $32.9M $4.7M $826K $921K
 
Long-Term Debt $16.9M $2.3M $864K -- --
Capital Leases -- -- -- -- --
Total Liabilities $45.1M $35.2M $5.5M $826K $921K
 
Common Stock $216K $216K $241K $2K $2K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $68.7M $32.1M $13.9M $2.7M $2.8M
 
Total Liabilities and Equity $113.8M $67.3M $19.4M $3.6M $3.7M
Cash and Short Terms $91.7M $51.7M $11.9M $1.7M $1.9M
Total Debt $28.9M $25M $864K -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$80M -$78.8M -$37.7M -$35.1M -$4.7M
Depreciation & Amoritzation $1.1M $2.6M $5.2M $2.3M $2K
Stock-Based Compensation $6.8M $10.8M $3.5M $2.8M $435K
Change in Accounts Receivable -$1.3M $3.6M $1.1M $3K -$4K
Change in Inventories -- -- -- -- --
Cash From Operations -$57M -$61.5M -$29.2M -$30.1M -$5M
 
Capital Expenditures $9.8M $3.3M $216K $197K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$9.8M -$3.3M -$193K $1.3M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $25M -- -- --
Long-Term Debt Repaid -- -- -$8.3M -$18.1M --
Repurchase of Common Stock -- -- $45K -- --
Other Financing Activities -- -$260K -- -$125K --
Cash From Financing $102.1M $25.8M $6.4M -$18.1M --
 
Beginning Cash (CF) $115.1M $76.1M $53M $6.1M $1.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $35.3M -$39M -$23.1M -$46.9M -$5M
Ending Cash (CF) $150.4M $37M $29.9M -$40.9M -$3.9M
 
Levered Free Cash Flow -$66.8M -$64.8M -$29.4M -$30.3M -$5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$22.7M -$8.9M -$8.5M -$1.1M -$1.2M
Depreciation & Amoritzation $673K $691K $1.1M -- --
Stock-Based Compensation $2.4M $808K $726K $80K $127K
Change in Accounts Receivable $6.1M -$2.9M $4K $4K $2K
Change in Inventories -- -- -- -- --
Cash From Operations -$9.6M -$6.1M -$6.4M -$781K -$844K
 
Capital Expenditures $370K $14K $1K -- $97K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$370K -$14K $1K -- -$97K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $25M -- -- -- --
Long-Term Debt Repaid -- -$2.1M -- -- --
Repurchase of Common Stock -- $45K -- -- --
Other Financing Activities -$75K -- -- -- --
Cash From Financing $24.9M -$2.1M -- -- --
 
Beginning Cash (CF) $91.7M $51.7M $11.9M $1.7M $1.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $15M -$8.3M -$6.4M -$781K -$941K
Ending Cash (CF) $106.7M $43.5M $5.6M $902K $997K
 
Levered Free Cash Flow -$9.9M -$6.2M -$6.4M -$781K -$941K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$89.7M -$40.4M -$36.5M -$11.8M -$4M
Depreciation & Amoritzation $2.3M $2.8M $6.5M -$1.1M -$1K
Stock-Based Compensation $11.3M $3.6M $3.4M $604K $460K
Change in Accounts Receivable $3.9M -$1.4M $2.9M -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$63.4M -$37.2M -$29.9M -$11.8M -$2.9M
 
Capital Expenditures $6.7M $459K $313K -- $97K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$6.7M -$459K -$250K $1.5M -$97K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$2.1M -$24.4M -- --
Repurchase of Common Stock -- $45K -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $26.4M -$2.3M -$9.7M -- $3.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$43.7M -$40M -$39.8M -$10.3M $255K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$70.1M -$37.7M -$30.2M -$11.8M -$3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$67M -$28.6M -$27.3M -$3.9M -$3.3M
Depreciation & Amoritzation $1.9M $2.1M $3.4M $3K --
Stock-Based Compensation $9.9M $2.7M $2.6M $354K $379K
Change in Accounts Receivable $3.2M -$1.8M $4K $1K $5K
Change in Inventories -- -- -- -- --
Cash From Operations -$46.3M -$22.1M -$22.8M -$4.4M -$2.3M
 
Capital Expenditures $3M $100K $197K -- $97K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3M -$100K -$157K -- -$97K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $25M -- -- -- --
Long-Term Debt Repaid -- -$2.1M -$18.1M -- --
Repurchase of Common Stock -- $45K -- -- --
Other Financing Activities -$75K -- -$125K -- --
Cash From Financing $26M -$2.1M -$18.1M -- $3.3M
 
Beginning Cash (CF) $268.5M $180M $67.7M $8.3M $5.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$23.3M -$24.3M -$41.1M -$4.4M $847K
Ending Cash (CF) $245.2M $155.7M $26.6M $3.9M $6M
 
Levered Free Cash Flow -$49.3M -$22.2M -$23M -$4.4M -$2.4M

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