Financhill
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26

GRCE Quote, Financials, Valuation and Earnings

Last price:
$2.27
Seasonality move :
-1.38%
Day range:
$2.28 - $2.44
52-week range:
$2.13 - $4.97
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
0.61x
Volume:
19.4K
Avg. volume:
96.7K
1-year change:
-32.94%
Market cap:
$31.6M
Revenue:
--
EPS (TTM):
-$1.54
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Revenue -- $196K -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $76K -- -- --
Gross Profit -- $120K -- -- --
Gross Profit Margin -- 61.23% -- -- --
 
R&D Expenses $16M $4.2M $5.6M $10M $4.7M
Selling, General & Admin $8.5M $6.7M $9.8M $8.2M $6.6M
Other Inc / (Exp) -$1.1M -$8.8M $4.8M -$34M -$4.2M
Operating Expenses $24.4M $10.8M $15.3M $18.2M $11.4M
Operating Income -$24.4M -$10.7M -$15.3M -$18.2M -$11.4M
 
Net Interest Expenses -- $157K -- -- --
EBT. Incl. Unusual Items -$25.5M -$19.7M -$10.5M -$52M -$14.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$648K -$9.5M -$1.8M
Net Income to Company -$25.5M -$19.7M -$9.8M -$42.4M -$12.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$25.5M -$19.7M -$9.8M -$42.4M -$12.9M
 
Basic EPS (Cont. Ops) -$14.40 -$7.98 -$1.62 -$5.71 -$1.73
Diluted EPS (Cont. Ops) -$14.40 -$7.98 -$1.62 -$5.71 -$1.73
Weighted Average Basic Share $1.8M $2.5M $6.1M $7.4M $7.4M
Weighted Average Diluted Share $1.8M $2.5M $6.1M $7.4M $7.4M
 
EBITDA -$22.9M -$9.8M -$15.3M -$18.1M -$11.3M
EBIT -$25.3M -$10.7M -$15.3M -$18.2M -$11.4M
 
Revenue (Reported) -- $196K -- -- --
Operating Income (Reported) -$24.4M -$10.7M -$15.3M -$18.2M -$11.4M
Operating Income (Adjusted) -$25.3M -$10.7M -$15.3M -$18.2M -$11.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $81K -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $36K -- -- -- --
Gross Profit $45K -- -- -- --
Gross Profit Margin 55.56% -- -- -- --
 
R&D Expenses $678K $2.2M $2.5M $1.4M $2.2M
Selling, General & Admin $1.3M $2M $1.8M $1.6M $1.5M
Other Inc / (Exp) -$1.3M $407K $15K $128K -$1.2M
Operating Expenses $2M $4.2M $4.2M $3M $3.7M
Operating Income -$2M -$4.2M -$4.2M -$3M -$3.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$3.2M -$3.8M -$4.2M -$2.6M -$4.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$274K -$208K -$605K
Net Income to Company -$3.2M -$3.8M -$3.9M -$2.4M -$4.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.2M -$3.8M -$3.9M -$2.4M -$4.2M
 
Basic EPS (Cont. Ops) -$1.56 -$0.54 -$0.52 -$0.21 -$0.36
Diluted EPS (Cont. Ops) -$1.56 -$0.54 -$0.52 -$0.21 -$0.36
Weighted Average Basic Share $2.1M $7.4M $7.4M $11.5M $11.5M
Weighted Average Diluted Share $2.1M $7.4M $7.4M $11.5M $11.5M
 
EBITDA -$2M -$4.2M -$4.2M -$3M -$3.7M
EBIT -$2M -$4.2M -$4.2M -$3M -$3.7M
 
Revenue (Reported) $81K -- -- -- --
Operating Income (Reported) -$2M -$4.2M -$4.2M -$3M -$3.7M
Operating Income (Adjusted) -$2M -$4.2M -$4.2M -$3M -$3.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $6.4M $3.7M $10.7M $4.6M $9.6M
Selling, General & Admin $7.3M $9.2M $7.8M $7.6M $7.2M
Other Inc / (Exp) $15.5M $1.3M -$100K -$37.1M -$473K
Operating Expenses $12.9M $12.9M $18.5M $12.3M $16.8M
Operating Income -$12.9M -$12.8M -$18.5M -$12.3M -$16.8M
 
Net Interest Expenses $86K -- -- -- --
EBT. Incl. Unusual Items $2.6M -$11.6M -$18.6M -$48.6M -$16.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$1.3M -$9.8M -$3.1M
Net Income to Company $2.6M -$11.6M -$17.2M -$38.8M -$13.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $2.6M -$11.6M -$17.2M -$38.8M -$13.4M
 
Basic EPS (Cont. Ops) $3.00 -$2.38 -$2.32 -$5.09 -$1.54
Diluted EPS (Cont. Ops) $3.00 -$2.38 -$2.32 -$5.09 -$1.54
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $9.4M -$12.8M -$18.3M -$12.3M -$16.7M
EBIT $7.8M -$12.8M -$18.5M -$12.3M -$16.8M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$12.9M -$12.8M -$18.5M -$12.3M -$16.8M
Operating Income (Adjusted) $7.8M -$12.8M -$18.5M -$12.3M -$16.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $81K -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $36K -- -- -- --
Gross Profit $45K -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $2.8M $3.2M $8.3M $3M $7.9M
Selling, General & Admin $5.1M $7.7M $5.7M $5.1M $5.6M
Other Inc / (Exp) -$5.2M $4.8M -$65K -$3.2M $568K
Operating Expenses $8.9M $10.9M $14.1M $8.1M $13.5M
Operating Income -$8.8M -$10.9M -$14.1M -$8.1M -$13.5M
 
Net Interest Expenses $96K -- -- -- --
EBT. Incl. Unusual Items -$14M -$5.9M -$14M -$10.6M -$12.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$671K -$943K -$2.2M
Net Income to Company -$14M -$5.9M -$13.3M -$9.7M -$10.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$14M -$5.9M -$13.3M -$9.7M -$10.2M
 
Basic EPS (Cont. Ops) -$7.08 -$1.08 -$1.79 -$1.18 -$0.90
Diluted EPS (Cont. Ops) -$7.08 -$1.08 -$1.79 -$1.18 -$0.90
Weighted Average Basic Share $6M $17.2M $22.2M $26.5M $33.9M
Weighted Average Diluted Share $6M $17.2M $22.2M $26.5M $33.9M
 
EBITDA -$7.9M -$10.9M -$13.9M -$8.1M -$13.5M
EBIT -$8.8M -$10.9M -$14.1M -$8.1M -$13.5M
 
Revenue (Reported) $81K -- -- -- --
Operating Income (Reported) -$8.8M -$10.9M -$14.1M -$8.1M -$13.5M
Operating Income (Adjusted) -$8.8M -$10.9M -$14.1M -$8.1M -$13.5M
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Cash and Equivalents $14.2M $50.9M $30.3M $27.9M $23M
Short Term Investments -- $9.8M $13.3M $15K --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $977K $343K $720K $598K $283K
Other Current Assets -- -- -- -- --
Total Current Assets $18.5M $62.4M $45.3M $29.3M $24M
 
Property Plant And Equipment $147K $86K $565K $567K $24K
Long-Term Investments -- -- -- -- --
Goodwill -- -- $13M $8.1M $8.1M
Other Intangibles $4.2M -- $69.8M $41.1M $41.1M
Other Long-Term Assets -- -- -- -- --
Total Assets $22.9M $62.5M $128.6M $79.1M $73.3M
 
Accounts Payable $1.7M $115K $1.7M $1.2M $1M
Accrued Expenses $4.2M $607K $296K $946K $176K
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $76K $86K $104K $75K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $7.4M $1.6M $3.3M $3.4M $1.7M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $9.9M $6.8M $20.4M $11.2M $11.6M
 
Common Stock $137.4M $197.2M $258M $258.3M $261M
Other Common Equity Adj -$7.9M -$6.3M -$6M -$6M -$6M
Common Equity $13M $55.7M $108.3M $68M $61.7M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $13M $55.7M $108.3M $68M $61.7M
 
Total Liabilities and Equity $22.9M $62.5M $128.6M $79.1M $73.3M
Cash and Short Terms $14.2M $60.7M $43.7M $27.9M $23M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $26.5M $33M $26.2M $18.5M $11.1M
Short Term Investments $1.4M $13.3M $5M $6.6M --
Accounts Receivable, Net $619K $238K $778K -- --
Inventory $14K -- -- -- --
Prepaid Expenses $559K $1.8M $1M $811K $583K
Other Current Assets -- -- -- -- --
Total Current Assets $30.2M $49M $33.4M $26.9M $11.9M
 
Property Plant And Equipment $105K $22K $599K $35K $19K
Long-Term Investments -- -- -- -- --
Goodwill -- -- $13M $8.1M $8.1M
Other Intangibles -- $65.2M $69.8M $41.1M $41.1M
Other Long-Term Assets -- -- -- -- --
Total Assets $30.3M $114.2M $116.8M $76.2M $61.2M
 
Accounts Payable $2.1M $2.8M $3.4M $913K $665K
Accrued Expenses -- -- -- $532K $814K
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $105K $22K $73K $24K --
Other Current Liabilities -- $32K -- -- --
Total Current Liabilities $2.2M $2.9M $3.4M $1.8M $2M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $4.6M $3.2M $20.1M $11.5M $9.1M
 
Common Stock $162.2M $258M $258.3M $261M $1K
Other Common Equity Adj -$6.9M -$6.5M -$6M -$6M -$6M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $25.7M $111.1M $96.7M $64.7M $52.1M
 
Total Liabilities and Equity $30.3M $114.2M $116.8M $76.2M $61.2M
Cash and Short Terms $27.9M $46.3M $31.3M $25.1M $11.1M
Total Debt -- -- -- -- --
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Net Income to Stockholders -$25.5M -$19.7M -$9.8M -$42.4M -$12.9M
Depreciation & Amoritzation $2.3M $924K -- $124K $11K
Stock-Based Compensation $2M $1.2M $1.3M $1.8M $913K
Change in Accounts Receivable $581K $58K -$18K -$302K $80K
Change in Inventories -- -- -- -- --
Cash From Operations -$23M -$14.3M -$17.2M -$15.9M -$12.3M
 
Capital Expenditures $319K $69K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $8.1M -$9.9M -$3.5M $13.2M $104K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$1.6M -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $7K -$143K -- -- --
Cash From Financing $13.2M $59.5M -- $304K $7.4M
 
Beginning Cash (CF) $16.9M $14.2M $50.9M $30.3M $27.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$1.6M $35.3M -$20.8M -$2.5M -$4.9M
Ending Cash (CF) $14.2M $50.9M $30.3M $27.9M $23M
 
Levered Free Cash Flow -$23.3M -$14.4M -$17.2M -$15.9M -$12.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$3.2M -$3.8M -$3.9M -$2.4M -$4.2M
Depreciation & Amoritzation -- -- $10K $1K $2K
Stock-Based Compensation -$30K $454K $443K $326K $160K
Change in Accounts Receivable $27K $579K $91K -$122K $114K
Change in Inventories -$14K -- -- -- --
Cash From Operations -$4.2M -$4.6M -$3.7M -$1.9M -$4.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.4M $557K -$5M -$6.6M $15K
 
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 $19.7M -- -- -- --
 
Beginning Cash (CF) $11.6M $36.9M $34.9M $27M $15.2M
Foreign Exchange Rate Adjustment $835K $111K $38K -- --
Additions / Reductions $14.2M -$4M -$8.7M -$8.4M -$4.1M
Ending Cash (CF) $26.5M $33M $26.2M $18.5M $11.1M
 
Levered Free Cash Flow -$4.2M -$4.6M -$3.7M -$1.9M -$4.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $2.6M -$11.6M -$17.2M -$38.8M -$13.4M
Depreciation & Amoritzation $1.5M $1K $116K $18K $6K
Stock-Based Compensation $1.4M $892K $2.1M $1M $829K
Change in Accounts Receivable $571K $370K -$578K -$191K $658K
Change in Inventories -- -- -- -- --
Cash From Operations -$15.5M -$15.8M -$15.7M -$13.6M -$14M
 
Capital Expenditures $98K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.8M -$12M $8.2M -$1.5M $6.5M
 
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 $24.3M $34.7M $304K -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $7M $6.9M -$7.3M -$7.7M -$7.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$15.6M -$15.8M -$15.7M -$13.6M -$14M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$14M -$5.9M -$13.3M -$9.7M -$10.2M
Depreciation & Amoritzation $923K -- $116K $10K $5K
Stock-Based Compensation $1M $721K $1.5M $684K $600K
Change in Accounts Receivable -$20K $292K -$268K -$157K $421K
Change in Inventories -$14K -- -- -- --
Cash From Operations -$12.6M -$14.1M -$12.6M -$10.2M -$12M
 
Capital Expenditures $69K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.4M -$3.5M $8.2M -$6.4M --
 
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 $24.8M -- $304K $7.4M --
 
Beginning Cash (CF) $37.9M $128.8M $103.6M $76.5M $57.6M
Foreign Exchange Rate Adjustment $1.5M -$307K $24K -- --
Additions / Reductions $10.8M -$17.6M -$4.1M -$9.3M -$12M
Ending Cash (CF) $50.2M $110.9M $99.5M $67.2M $45.6M
 
Levered Free Cash Flow -$12.6M -$14.1M -$12.6M -$10.2M -$12M

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