Financhill
Buy
57

SES Quote, Financials, Valuation and Earnings

Last price:
$0.81
Seasonality move :
13.47%
Day range:
$0.78 - $0.84
52-week range:
$0.20 - $2.53
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
1.10x
Volume:
12.7M
Avg. volume:
19.6M
1-year change:
-42.31%
Market cap:
$296.3M
Revenue:
$2M
EPS (TTM):
-$0.30
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- $2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- $752K
Gross Profit -- -- -- -- $1.3M
Gross Profit Margin -- -- -- -- 63.14%
 
R&D Expenses $9.4M $15.5M $28M $30.7M $72.1M
Selling, General & Admin $4.5M $16.5M $51.6M $47.5M $38.4M
Other Inc / (Exp) -$55K $528K $23.6M $7.2M -$5.8M
Operating Expenses $13.9M $32M $79.6M $78.2M $110.5M
Operating Income -$13.9M -$32M -$79.6M -$78.2M -$109.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$13.9M -$31.2M -$49.7M -$54.3M -$100M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $7K $25K $1.3M -$853K $188K
Net Income to Company -$13.9M -$31.3M -$51M -$53.4M -$100.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$13.9M -$31.3M -$51M -$53.4M -$100.2M
 
Basic EPS (Cont. Ops) -$0.04 -$0.09 -$0.18 -$0.17 -$0.31
Diluted EPS (Cont. Ops) -$0.04 -$0.09 -$0.18 -$0.17 -$0.31
Weighted Average Basic Share $347.9M $347.9M $288.3M $315.1M $321.8M
Weighted Average Diluted Share $347.9M $347.9M $288.3M $315.1M $321.8M
 
EBITDA -$12.2M -$30.3M -$77M -$72.6M -$100.9M
EBIT -$13.9M -$32M -$79.6M -$78.2M -$109.2M
 
Revenue (Reported) -- -- -- -- $2M
Operating Income (Reported) -$13.9M -$32M -$79.6M -$78.2M -$109.2M
Operating Income (Adjusted) -$13.9M -$32M -$79.6M -$78.2M -$109.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- $5.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- $1.2M
Gross Profit -- -- -- -- $4.6M
Gross Profit Margin -- -- -- -- 78.66%
 
R&D Expenses $3M $4.1M $8.5M $11.8M $20.5M
Selling, General & Admin $1.5M $15.1M $13.1M $9.5M $7.3M
Other Inc / (Exp) $842K -$7.8M $1.4M $1.7M $8.2M
Operating Expenses $4.4M $19.2M $21.6M $21.3M $27.8M
Operating Income -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$3.6M -$27M -$16.1M -$15.4M -$12.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $11K $143K $197K $4K
Net Income to Company -$3.6M -$27M -$16.2M -$15.6M -$12.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.6M -$27M -$16.2M -$15.6M -$12.4M
 
Basic EPS (Cont. Ops) -$0.01 -$0.12 -$0.05 -$0.05 -$0.04
Diluted EPS (Cont. Ops) -$0.01 -$0.12 -$0.05 -$0.05 -$0.04
Weighted Average Basic Share $347.9M $219.2M $313.4M $318.8M $329.3M
Weighted Average Diluted Share $347.9M $219.2M $313.4M $318.8M $329.3M
 
EBITDA -$4M -$18.8M -$20.6M -$19.6M -$20.8M
EBIT -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
 
Revenue (Reported) -- -- -- -- $5.8M
Operating Income (Reported) -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
Operating Income (Adjusted) -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $16.4M $32.4M $34M $80.9M
Selling, General & Admin -- $30.2M $49.6M $43.9M $36.2M
Other Inc / (Exp) $772K -$8.2M $32.9M $7.6M $641K
Operating Expenses -- $46.6M $82M $77.8M $117.1M
Operating Income -- -$46.6M -$82M -$77.8M -$111.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -$54.5M -$38.8M -$53.5M -$97.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $36K $1.4M -$799K -$5K
Net Income to Company -- -$54.7M -$40.2M -$52.7M -$97.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$54.5M -$40.2M -$52.7M -$97.1M
 
Basic EPS (Cont. Ops) -- -$0.20 -$0.13 -$0.16 -$0.30
Diluted EPS (Cont. Ops) -- -$0.20 -$0.13 -$0.16 -$0.30
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -$45M -$78.7M -$71.6M -$102.1M
EBIT -- -$46.6M -$82M -$77.8M -$111.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -$46.6M -$82M -$77.8M -$111.3M
Operating Income (Adjusted) -- -$46.6M -$82M -$77.8M -$111.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- -- -- -- $5.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- $1.2M
Gross Profit -- -- -- -- $4.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $3M $4.1M $8.5M $11.8M $20.5M
Selling, General & Admin $1.5M $15.1M $13.1M $9.5M $7.3M
Other Inc / (Exp) $842K -$7.8M $1.4M $1.7M $8.2M
Operating Expenses $4.4M $19.2M $21.6M $21.3M $27.8M
Operating Income -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$3.6M -$27M -$16.1M -$15.4M -$12.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $11K $143K $197K $4K
Net Income to Company -$3.6M -$27M -$16.2M -$15.6M -$12.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.6M -$27M -$16.2M -$15.6M -$12.4M
 
Basic EPS (Cont. Ops) -$0.01 -$0.12 -$0.05 -$0.05 -$0.04
Diluted EPS (Cont. Ops) -$0.01 -$0.12 -$0.05 -$0.05 -$0.04
Weighted Average Basic Share $347.9M $219.2M $313.4M $318.8M $329.3M
Weighted Average Diluted Share $347.9M $219.2M $313.4M $318.8M $329.3M
 
EBITDA -$4M -$18.8M -$20.6M -$19.6M -$20.8M
EBIT -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
 
Revenue (Reported) -- -- -- -- $5.8M
Operating Income (Reported) -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
Operating Income (Adjusted) -$4.4M -$19.2M -$21.6M -$21.3M -$23.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $2.4M $160.5M $106.6M $85.7M $128.8M
Short Term Investments $12.3M -- $283.5M $246.8M $133.7M
Accounts Receivable, Net -- -- -- -- $950K
Inventory -- -- $383K $558K $212K
Prepaid Expenses -- -- -- -- --
Other Current Assets $373K $1.6M $3.8M $11.7M $13.2M
Total Current Assets $15.1M $170M $396.6M $348.6M $276.9M
 
Property Plant And Equipment $6M $12.5M $39.1M $51.1M $48.1M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $1.7M $1.6M $1.5M $1.3M $1.2M
Other Long-Term Assets $1.7M $9.3M $3.2M $4.7M $2.2M
Total Assets $24.6M $193.4M $440.4M $406.8M $329.8M
 
Accounts Payable $1M $4.7M $6.2M $4.8M $1.9M
Accrued Expenses $69K $5.2M $1.6M $1.3M $1.5M
Current Portion Of Long-Term Debt $840K -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $1.9M $2.4M $2.6M
Other Current Liabilities $373K $853K $979K $4.5M $9.9M
Total Current Liabilities $3.9M $11M $19.4M $20.4M $22.8M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $86.7M $281.7M $48.9M $47.9M $51.5M
 
Common Stock -- $6K $35K $35K $36K
Other Common Equity Adj $133K $367K -$1.3M -$1.6M -$2.2M
Common Equity -$62.1M -$88.3M $391.5M $359M $278.3M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$62.1M -$88.3M $391.5M $359M $278.3M
 
Total Liabilities and Equity $24.6M $193.4M $440.4M $406.8M $329.8M
Cash and Short Terms $14.7M $160.5M $390.1M $332.4M $262.5M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents -- $426.1M $48M $129.6M $56.1M
Short Term Investments -- -- $305.1M $189.1M $183.7M
Accounts Receivable, Net -- -- -- -- $1.5M
Inventory -- -- $502K $425K $155K
Prepaid Expenses -- -- -- -- --
Other Current Assets -- $7.4M $6.4M $6.7M $14.7M
Total Current Assets -- $441M $362.8M $327.1M $256.1M
 
Property Plant And Equipment -- $27.5M $39.5M $51.8M $45.2M
Long-Term Investments -- -- $19.5M -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $4.2M $4.6M $4.6M $2.2M
Total Assets -- $474.4M $427.9M $385.9M $306M
 
Accounts Payable -- $16.8M $2.8M $2.8M $1.8M
Accrued Expenses -- $5.9M $5.2M $552K $1.4M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $1.7M $2.1M $2.4M $2.6M
Other Current Liabilities -- $269K $1.3M $4.2M $4.8M
Total Current Liabilities -- $27.7M $16.3M $13.9M $16.4M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities -- $82M $45.5M $38.5M $36.1M
 
Common Stock -- $34K $35K $35K $36K
Other Common Equity Adj -- $476K -$712K -$2.4M -$2.2M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $392.4M $382.3M $347.4M $269.9M
 
Total Liabilities and Equity -- $474.4M $427.9M $385.9M $306M
Cash and Short Terms -- $426.1M $353.1M $318.8M $239.8M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$13.9M -$31.3M -$51M -$53.4M -$100.2M
Depreciation & Amoritzation $1.7M $1.7M $2.6M $5.5M $8.3M
Stock-Based Compensation $154K $4.6M $22.8M $20.6M $19.9M
Change in Accounts Receivable -- -$7.9M $5.5M -$1.5M $3M
Change in Inventories -- -- -$383K -$184K $330K
Cash From Operations -$11M -$30M -$46.5M -$56.4M -$66.1M
 
Capital Expenditures -- -- -- -- $12.2M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$13.3M $3.3M -$296M $32.7M $108.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $840K -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$3.3M $289.6M $2.8M --
Cash From Financing $840K $184.8M $289.9M $3.3M $1M
 
Beginning Cash (CF) $26M $2.7M $161M $107.9M $87M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$23.4M $158.1M -$52.6M -$20.4M $43.1M
Ending Cash (CF) $2.7M $161M $107.9M $87M $129.4M
 
Levered Free Cash Flow -$12M -$39M -$61.2M -$72.2M -$78.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$3.6M -$27M -$16.2M -$15.6M -$12.4M
Depreciation & Amoritzation $440K $410K $1.1M $1.7M $2.5M
Stock-Based Compensation $72K $3.2M $6.5M $4.8M $4M
Change in Accounts Receivable -- $373K -$422K $2.7M -$558K
Change in Inventories -- -- -$120K $121K $58K
Cash From Operations -$3.1M -$14.8M -$15.4M -$9M -$22.8M
 
Capital Expenditures -- -- -- -- $916K
Cash Acquisitions -- -- -- -- --
Cash From Investing $12M -$2.7M -$43.1M $53.2M -$49.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $282.9M -- -- --
Cash From Financing -- $282.9M $13K $18K $8K
 
Beginning Cash (CF) $2.7M $161M $107.9M $87M $129.4M
Foreign Exchange Rate Adjustment -$190K $109K -$198K -$369K -$76K
Additions / Reductions $8.9M $265.5M -$58.5M $44.3M -$72.7M
Ending Cash (CF) $11.4M $426.6M $49.3M $130.9M $56.7M
 
Levered Free Cash Flow -$3.4M -$17.5M -$21.4M -$15.7M -$23.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -$54.7M -$40.2M -$52.7M -$97.1M
Depreciation & Amoritzation -- $1.6M $3.2M $6.2M $9.1M
Stock-Based Compensation $72K $7.7M $26.1M $19M $19.1M
Change in Accounts Receivable -- -$7.5M $4.7M $1.6M -$291K
Change in Inventories -- -- -$503K $57K $267K
Cash From Operations -- -$41.7M -$47.1M -$50M -$79.9M
 
Capital Expenditures -- -- -- -- $1.1M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$11.4M -$336.4M $129.1M $5.1M
 
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 -- $467.7M $7M $3.3M $1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- $414.7M -$376.5M $82.3M -$73.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -$53M -$65M -$66.5M -$86.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$3.6M -$27M -$16.2M -$15.6M -$12.4M
Depreciation & Amoritzation $440K $410K $1.1M $1.7M $2.5M
Stock-Based Compensation $72K $3.2M $6.5M $4.8M $4M
Change in Accounts Receivable -- $373K -$422K $2.7M -$558K
Change in Inventories -- -- -$120K $121K $58K
Cash From Operations -$3.1M -$14.8M -$15.4M -$9M -$22.8M
 
Capital Expenditures -- -- -- -- $916K
Cash Acquisitions -- -- -- -- --
Cash From Investing $12M -$2.7M -$43.1M $53.2M -$49.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $282.9M -- -- --
Cash From Financing -- $282.9M $13K $18K $8K
 
Beginning Cash (CF) $2.7M $161M $107.9M $87M $129.4M
Foreign Exchange Rate Adjustment -$190K $109K -$198K -$369K -$76K
Additions / Reductions $8.9M $265.5M -$58.5M $44.3M -$72.7M
Ending Cash (CF) $11.4M $426.6M $49.3M $130.9M $56.7M
 
Levered Free Cash Flow -$3.4M -$17.5M -$21.4M -$15.7M -$23.7M

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