Financhill
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14

GALT Quote, Financials, Valuation and Earnings

Last price:
$1.03
Seasonality move :
33.46%
Day range:
$0.73 - $1.50
52-week range:
$0.73 - $4.27
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
--
Volume:
9.2M
Avg. volume:
778.9K
1-year change:
-39.77%
Market cap:
$64.6M
Revenue:
--
EPS (TTM):
-$0.73
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $7.5M $18M $23.8M $31.7M $32.1M
Selling, General & Admin $6M $5.5M $6.4M $6.6M $5.9M
Other Inc / (Exp) -- -- $138K $557K -$432K
Operating Expenses $13.4M $23.4M $30.2M $38.4M $38.1M
Operating Income -$13.4M -$23.4M -$30.2M -$38.4M -$38.1M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$13.3M -$23.5M -$30.5M -$38.8M -$41.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$13.3M -$23.5M -$30.5M -$38.8M -$41.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$13.3M -$23.5M -$30.5M -$38.8M -$41.1M
 
Basic EPS (Cont. Ops) -$0.39 -$0.41 -$0.52 -$0.65 -$0.74
Diluted EPS (Cont. Ops) -$0.39 -$0.41 -$0.52 -$0.65 -$0.74
Weighted Average Basic Share $52.2M $57M $58.5M $59.4M $60.2M
Weighted Average Diluted Share $52.2M $57M $58.5M $59.4M $60.2M
 
EBITDA -$13.2M -$23.3M -$30M -$37.7M -$38.2M
EBIT -$13.2M -$23.4M -$30M -$37.7M -$38.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$13.4M -$23.4M -$30.2M -$38.4M -$38.1M
Operating Income (Adjusted) -$13.2M -$23.4M -$30M -$37.7M -$38.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $4.8M $6.6M $6.6M $7.7M $7.6M
Selling, General & Admin $1.1M $1.6M $1.5M $1.4M $1.5M
Other Inc / (Exp) -- -$166K -$224K -$489K -$753K
Operating Expenses $5.9M $8.2M $8.1M $9.2M $9.1M
Operating Income -$5.9M -$8.2M -$8.1M -$9.2M -$9.1M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$5.9M -$8.5M -$8.6M -$10.4M -$11.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$5.9M -$8.5M -$8.6M -$10.4M -$11.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$5.9M -$8.5M -$8.6M -$10.4M -$11.2M
 
Basic EPS (Cont. Ops) -$0.10 -$0.14 -$0.14 -$0.24 -$0.18
Diluted EPS (Cont. Ops) -$0.10 -$0.14 -$0.14 -$0.24 -$0.18
Weighted Average Basic Share $57M $59.3M $59.4M $59.7M $62.3M
Weighted Average Diluted Share $57M $59.3M $59.4M $59.7M $62.3M
 
EBITDA -$5.9M -$8.4M -$8.3M -$9.6M -$9.7M
EBIT -$5.9M -$8.4M -$8.3M -$9.6M -$9.7M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$5.9M -$8.2M -$8.1M -$9.2M -$9.1M
Operating Income (Adjusted) -$5.9M -$8.4M -$8.3M -$9.6M -$9.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $15.4M $24.3M $28.6M $32.9M $33.7M
Selling, General & Admin $5.4M $6.3M $6.6M $6.2M $5.9M
Other Inc / (Exp) -- -$338K $756K -$492K -$1.2M
Operating Expenses $20.8M $30.6M $35.1M $39.1M $39.6M
Operating Income -$20.8M -$30.6M -$35.1M -$39.1M -$39.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$20.8M -$31.2M -$35.4M -$41.7M -$45.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$20.8M -$31.2M -$35.4M -$41.7M -$45.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$20.8M -$31.2M -$35.4M -$41.7M -$45.1M
 
Basic EPS (Cont. Ops) -$0.39 -$0.53 -$0.59 -$0.76 -$0.73
Diluted EPS (Cont. Ops) -$0.39 -$0.53 -$0.59 -$0.76 -$0.73
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$20.6M -$30.9M -$34.3M -$39.4M -$40.4M
EBIT -$20.7M -$30.9M -$34.4M -$39.5M -$40.4M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$20.8M -$30.6M -$35.1M -$39.1M -$39.6M
Operating Income (Adjusted) -$20.7M -$30.9M -$34.4M -$39.5M -$40.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $11.6M $18M $22.7M $23.9M $25.5M
Selling, General & Admin $4M $4.8M $5M $4.6M $4.5M
Other Inc / (Exp) -- -$338K $280K -$769K -$1.5M
Operating Expenses $15.6M $22.8M $27.7M $28.5M $30M
Operating Income -$15.6M -$22.8M -$27.7M -$28.5M -$30M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$15.6M -$23.3M -$28.1M -$31.1M -$35.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$15.6M -$23.3M -$28.1M -$31.1M -$35.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$15.6M -$23.3M -$28.1M -$31.1M -$35.1M
 
Basic EPS (Cont. Ops) -$0.27 -$0.40 -$0.47 -$0.58 -$0.57
Diluted EPS (Cont. Ops) -$0.27 -$0.40 -$0.47 -$0.58 -$0.57
Weighted Average Basic Share $171M $174.7M $178.1M $178.8M $186.5M
Weighted Average Diluted Share $171M $174.7M $178.1M $178.8M $186.5M
 
EBITDA -$15.5M -$23.1M -$27.4M -$29.1M -$31.2M
EBIT -$15.5M -$23.1M -$27.4M -$29.1M -$31.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$15.6M -$22.8M -$27.7M -$28.5M -$30M
Operating Income (Adjusted) -$15.5M -$23.1M -$27.4M -$29.1M -$31.3M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $47.5M $27.1M $39.6M $18.6M $25.7M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $729K $2.3M $2.2M $2M $2.1M
Total Current Assets $48.2M $29.5M $41.8M $20.6M $27.7M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $258K $135K $7K $733K $490K
Total Assets $48.5M $29.6M $41.8M $21.3M $28.2M
 
Accounts Payable $1.7M $1.3M $1.8M $3.9M $6.4M
Accrued Expenses $81K $3.2M $6.4M $8M $8M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $39K $44K $8K $40K $46K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $2.8M $5.4M $9M $13M $15.7M
 
Long-Term Debt -- -- $29M $39.8M $71.7M
Capital Leases -- -- -- -- --
Total Liabilities $2.9M $5.4M $39.2M $53.5M $88.4M
 
Common Stock $2.3M $2.3M $2.3M $2.3M $2.3M
Other Common Equity Adj -- -- -- -- --
Common Equity $43.3M $21.9M $366K -$34.4M -$62.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $45.6M $24.2M $2.6M -$32.2M -$60.2M
 
Total Liabilities and Equity $48.5M $29.6M $41.8M $21.3M $28.2M
Cash and Short Terms $47.5M $27.1M $39.6M $18.6M $25.7M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $32.6M $36.6M $15.8M $20.4M $27.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $1.3M $1.4M $1.3M $1.2M $1.6M
Total Current Assets $33.9M $38M $17.1M $21.6M $28.7M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $166K $40K $793K $552K $306K
Total Assets $34M $38M $17.9M $22.2M $29M
 
Accounts Payable $691K $1.9M $2.4M $2.7M $2.8M
Accrued Expenses $1.2M $5.8M $6.4M $6.9M $10.5M
Current Portion Of Long-Term Debt -- -- -- -- $10.5M
Current Portion Of Capital Lease Obligations $43K $19K $39K $45K $32K
Other Current Liabilities -- -- -- -- $359K
Total Current Liabilities $2.5M $8.3M $9.6M $10.5M $25.3M
 
Long-Term Debt -- $19.3M $29.7M $61.1M $94M
Capital Leases -- -- -- -- --
Total Liabilities $2.5M $28.8M $40.2M $73M $121.5M
 
Common Stock $2.3M $2.3M $2.3M $2.3M $2.3M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $31.5M $9.2M -$22.3M -$50.9M -$92.5M
 
Total Liabilities and Equity $34M $38M $17.9M $22.2M $29M
Cash and Short Terms $32.6M $36.6M $15.8M $20.4M $27.1M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$13.3M -$23.5M -$30.5M -$38.8M -$41.1M
Depreciation & Amoritzation $35K $36K $41K $32K $33K
Stock-Based Compensation $1.7M $1.8M $2.1M $2.9M $2.3M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$10.8M -$20.6M -$24.3M -$31.1M -$33M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -$394K -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $30M $10M $30M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $50.1M $263K $36.8M $10M $40M
 
Beginning Cash (CF) $8.3M $47.5M $27.1M $39.6M $18.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $39.2M -$20.3M $12.5M -$21.1M $7.1M
Ending Cash (CF) $47.5M $27.1M $39.6M $18.6M $25.7M
 
Levered Free Cash Flow -$10.8M -$20.6M -$24.3M -$31.1M -$33M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$5.9M -$8.5M -$8.6M -$10.4M -$11.2M
Depreciation & Amoritzation $10K $10K $7K $8K $9K
Stock-Based Compensation $408K $587K $681K $586K $515K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$8.2M -$5M -$8.3M -$7.6M -$8.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $10M -- -- $10M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- $10M -- $10M $10M
 
Beginning Cash (CF) $40.8M $31.6M $24.2M $18M $25.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$8.2M $5M -$8.3M $2.4M $1.5M
Ending Cash (CF) $32.6M $36.6M $15.8M $20.4M $27.1M
 
Levered Free Cash Flow -$8.2M -$5M -$8.3M -$7.6M -$8.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$20.8M -$31.2M -$35.4M -$41.7M -$45.1M
Depreciation & Amoritzation $36K $39K $35K $32K $36K
Stock-Based Compensation $1.6M $2M $2.8M $2.4M $2.4M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$18.9M -$22.8M -$30.8M -$35.5M -$33.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $10M $30M $40M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1.2M $26.8M $10M $40M $40.4M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$17.8M $4M -$20.8M $4.5M $6.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$18.9M -$22.8M -$30.8M -$35.5M -$33.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$15.6M -$23.3M -$28.1M -$31.1M -$35.1M
Depreciation & Amoritzation $27K $30K $24K $24K $27K
Stock-Based Compensation $1.2M $1.4M $2.2M $1.8M $1.9M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$15.2M -$17.4M -$23.8M -$28.3M -$29M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $20M -- $20M $30M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $263K $26.8M -- $30M $30.4M
 
Beginning Cash (CF) $131.6M $79.5M $95.4M $54.6M $74.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$14.9M $9.5M -$23.8M $1.8M $1.4M
Ending Cash (CF) $116.7M $89M $71.6M $56.3M $76.2M
 
Levered Free Cash Flow -$15.2M -$17.4M -$23.8M -$28.3M -$29M

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