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SPRO Quote, Financials, Valuation and Earnings

Last price:
$0.96
Seasonality move :
10.44%
Day range:
$0.95 - $0.99
52-week range:
$0.95 - $1.89
Dividend yield:
0%
P/E ratio:
12.00x
P/S ratio:
0.58x
P/B ratio:
0.80x
Volume:
329.6K
Avg. volume:
242.9K
1-year change:
-28.91%
Market cap:
$52.3M
Revenue:
$96.7M
EPS (TTM):
$0.08
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $4.7M $258K $3.1M $48.6M $96.7M
Revenue Growth (YoY) -- -94.56% 1089.92% 1482.38% 99.13%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $65.8M $67M $64.5M $47.6M $51.4M
Selling, General & Admin $15.6M $21.4M $41.7M $36.5M $25.6M
Other Inc / (Exp) $963K $432K -$191K -$14.3M -$5.3M
Operating Expenses $68M $79.4M $91M $79.1M $69.9M
Operating Income -$63.2M -$79.1M -$88M -$30.6M $26.8M
 
Net Interest Expenses -- -- $1.6M $1.5M --
EBT. Incl. Unusual Items -$60.9M -$78.3M -$89.8M -$46.4M $25.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $2.6M
Net Income to Company -$60.9M -$78.3M -$89.8M -$46.4M $22.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$60.9M -$78.3M -$89.8M -$46.4M $22.8M
 
Basic EPS (Cont. Ops) -$3.35 -$3.52 -$2.91 -$1.23 $0.43
Diluted EPS (Cont. Ops) -$3.35 -$3.52 -$2.91 -$1.23 $0.43
Weighted Average Basic Share $18.2M $22.4M $30.9M $37.6M $52.7M
Weighted Average Diluted Share $18.2M $22.4M $30.9M $37.6M $53M
 
EBITDA -$62.5M -$77.5M -$87.2M -$42.9M $25.8M
EBIT -$63.2M -$78.3M -$87.8M -$43.8M $25.4M
 
Revenue (Reported) $4.7M $258K $3.1M $48.6M $96.7M
Operating Income (Reported) -$63.2M -$79.1M -$88M -$30.6M $26.8M
Operating Income (Adjusted) -$63.2M -$78.3M -$87.8M -$43.8M $25.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $4M $708K $1.1M $23.4M $7.8M
Revenue Growth (YoY) -13.96% -82.28% 52.83% 2061% -66.56%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $17.7M $14.4M $7.4M $16.4M $26.9M
Selling, General & Admin $5.3M $11.2M $6.6M $5.7M $5.2M
Other Inc / (Exp) $55K -$87K $103K -$5.3M -$26K
Operating Expenses $23M $23.2M $13.1M $20M $26.4M
Operating Income -$19M -$22.5M -$12M $3.4M -$18.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$18.9M -$22.5M -$11.7M -$994K -$17.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $2.2M -$290K
Net Income to Company -$18.9M -$22.5M -$11.7M -$3.2M -$17.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$18.9M -$22.5M -$11.7M -$3.2M -$17.1M
 
Basic EPS (Cont. Ops) -$0.86 -$0.70 -$0.33 -$0.06 -$0.32
Diluted EPS (Cont. Ops) -$0.86 -$0.70 -$0.33 -$0.06 -$0.32
Weighted Average Basic Share $21.9M $32.1M $35.9M $52.7M $54.1M
Weighted Average Diluted Share $21.9M $32.1M $35.9M $52.7M $54.1M
 
EBITDA -$18.8M -$22.4M -$11.4M $3.5M -$18.6M
EBIT -$19M -$22.5M -$11.7M $3.4M -$18.6M
 
Revenue (Reported) $4M $708K $1.1M $23.4M $7.8M
Operating Income (Reported) -$19M -$22.5M -$12M $3.4M -$18.6M
Operating Income (Adjusted) -$19M -$22.5M -$11.7M $3.4M -$18.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -$2.4M -- $2.5M $71.3M $89.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $79.5M $60.5M $49.7M $50M $84.5M
Selling, General & Admin $17.7M $36.2M $43M $25.6M $23.1M
Other Inc / (Exp) $847K -$155K -$14.4M -$5.1M -$36K
Operating Expenses $83.8M $74.9M $86.4M $69.2M $91M
Operating Income -$86.2M -$79.3M -$83.9M $2.1M -$1.1M
 
Net Interest Expenses -- -- $4.1M -- --
EBT. Incl. Unusual Items -$84.7M -$79.1M -$102.4M $597K $3.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$84.7M -$79.1M -$102.4M -$1.6M $3.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$84.7M -$79.1M -$102.4M -$1.6M $3.5M
 
Basic EPS (Cont. Ops) -$4.25 -$2.67 -$3.13 $0.01 $0.08
Diluted EPS (Cont. Ops) -$4.25 -$2.67 -$3.13 $0.01 $0.08
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$85.6M -$77.8M -$97M $3.5M -$2.4M
EBIT -$86.2M -$78.5M -$97.9M $3M -$2.5M
 
Revenue (Reported) -$2.4M -- $2.5M $71.3M $89.9M
Operating Income (Reported) -$86.2M -$79.3M -$83.9M $2.1M -$1.1M
Operating Income (Adjusted) -$86.2M -$78.5M -$97.9M $3M -$2.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $7.4M $2.8M $2.2M $24.9M $18M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $53.8M $47.3M $32.5M $34.9M $67.9M
Selling, General & Admin $13.9M $28.7M $30M $19.1M $16.6M
Other Inc / (Exp) $270K -$317K -$14.5M -$5.3M -$39K
Operating Expenses $67.7M $63.3M $58.6M $48.7M $69.7M
Operating Income -$60.3M -$60.5M -$56.4M -$23.7M -$51.6M
 
Net Interest Expenses -- -- $2.4M -- --
EBT. Incl. Unusual Items -$59.7M -$60.5M -$73.2M -$26.2M -$48M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $2.2M -$290K
Net Income to Company -$59.7M -$60.5M -$73.2M -$28.4M -$47.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$59.7M -$60.5M -$73.2M -$28.4M -$47.7M
 
Basic EPS (Cont. Ops) -$2.93 -$1.99 -$2.21 -$0.54 -$0.89
Diluted EPS (Cont. Ops) -$2.93 -$1.99 -$2.21 -$0.54 -$0.89
Weighted Average Basic Share $62.1M $91.2M $101.5M $157.8M $161.6M
Weighted Average Diluted Share $62.1M $91.2M $101.5M $157.8M $161.6M
 
EBITDA -$59.7M -$60.1M -$69.8M -$23.4M -$51.6M
EBIT -$60.3M -$60.5M -$70.6M -$23.7M -$51.6M
 
Revenue (Reported) $7.4M $2.8M $2.2M $24.9M $18M
Operating Income (Reported) -$60.3M -$60.5M -$56.4M -$23.7M -$51.6M
Operating Income (Adjusted) -$60.3M -$60.5M -$70.6M -$23.7M -$51.6M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $29.7M $85.2M $112.6M $109.1M $76.3M
Short Term Investments $52.3M $41.7M $33.8M -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $4.8M $6.1M $8.8M $3.4M $4.2M
Total Current Assets $95.4M $139.1M $157.9M $113.6M $131.2M
 
Property Plant And Equipment $7.1M $8.8M $7.6M $5.5M $4.2M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $3.5M $5.2M $5.6M $5.7M $435K
Total Assets $106.1M $153.5M $171.1M $124.8M $182.4M
 
Accounts Payable $4.1M $1.2M $1.1M $617K $1.4M
Accrued Expenses $21.6M $12.2M $14.4M $9M $6.6M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $928K $947K $1.4M $1.7M $1.7M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $26.7M $14.3M $18.7M $21.6M $37.2M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $31.5M $21.4M $82.8M $48.9M $75.5M
 
Common Stock $19K $32K $35K $52K $53K
Other Common Equity Adj -- -- -$2K -- --
Common Equity $74.6M $132M $88.3M $75.9M $106.9M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $74.6M $132M $88.3M $75.9M $106.9M
 
Total Liabilities and Equity $106.1M $153.5M $171.1M $124.8M $182.4M
Cash and Short Terms $82M $126.9M $146.4M $109.1M $76.3M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $125.2M $112.9M $50.4M $93.8M $76.3M
Short Term Investments $2M $10.6M -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $7.3M $5.8M $1.5M $5.4M $2.1M
Total Current Assets $142.7M $131.8M $52.9M $102.2M $131.6M
 
Property Plant And Equipment $9.2M $7.7M $5.9M $4.4M $3.4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $5.2M $5.2M $5.7M $434K $153K
Total Assets $157M $144.7M $64.5M $107.1M $135.2M
 
Accounts Payable $2.5M $3.2M $2.6M $1.1M $6.1M
Accrued Expenses $13.6M $11.4M $8.1M $6.6M $15.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $1.5M $1M $1.7M $1.7M $1.7M
Other Current Liabilities -- -- $141K -- --
Total Current Liabilities $17.6M $17.3M $16.2M $25.5M $49.1M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $24.3M $32.8M $32M $53.4M $69.7M
 
Common Stock $29K $35K $43K $53K $54K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity $30.2M -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $132.8M $111.9M $32.5M $53.7M $65.5M
 
Total Liabilities and Equity $157M $144.7M $64.5M $107.1M $135.2M
Cash and Short Terms $127.2M $123.4M $50.4M $93.8M $76.3M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$60.9M -$78.3M -$89.8M -$46.4M $22.8M
Depreciation & Amoritzation $750K $761K $646K $869K $367K
Stock-Based Compensation $3.8M $4.9M $9.4M $9.1M $7.9M
Change in Accounts Receivable -$7.1M $2.2M $3.8M $1.5M -$461K
Change in Inventories -- -- -- -- --
Cash From Operations -$50M -$85.9M -$64.3M -$7.7M -$33M
 
Capital Expenditures $314K $157K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $29.5M $10.5M $7.7M $33.8M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$158K -$953K $47.2M -$54.5M --
Cash From Financing $16.1M $130.9M $84.1M -$29.6M $221K
 
Beginning Cash (CF) $34.1M $29.7M $85.2M $112.6M $109.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$4.4M $55.5M $27.4M -$3.5M -$32.8M
Ending Cash (CF) $29.7M $85.2M $112.6M $109.1M $76.3M
 
Levered Free Cash Flow -$50.3M -$86M -$64.3M -$7.7M -$33M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$18.9M -$22.5M -$11.7M -$3.2M -$17.1M
Depreciation & Amoritzation $191K $148K $257K $108K --
Stock-Based Compensation $1.2M $2.3M $2.1M $1.9M $2.2M
Change in Accounts Receivable -$3M -$394K $624K -$901K $2M
Change in Inventories -- -- -- -- --
Cash From Operations -$21.3M -$5M -$957K $15.9M $12.8M
 
Capital Expenditures $51K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $3.9M $17M -$129K -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$78K -$265K -- -- --
Cash From Financing $77.2M $29.2M $6.1M $220K --
 
Beginning Cash (CF) $65.3M $71.6M $45.4M $77.7M $63.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $59.9M $41.3M $5M $16.1M $12.8M
Ending Cash (CF) $125.2M $112.9M $50.4M $93.8M $76.3M
 
Levered Free Cash Flow -$21.3M -$5M -$957K $15.9M $12.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$84.7M -$79.1M -$102.4M -$1.6M $3.5M
Depreciation & Amoritzation $459K $646K $931K $458K $40K
Stock-Based Compensation $4.5M $7.9M $9.6M $8.4M $8.3M
Change in Accounts Receivable -$1.7M $5.6M $1.6M -$2M $293K
Change in Inventories -- -- -- -- --
Cash From Operations -$86.9M -$53.4M -$79.6M $29M -$17.5M
 
Capital Expenditures $274K $12K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $46.1M -$8.8M $10.5M -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$580K -$784K -- -- --
Cash From Financing $120.4M $49.8M $6.6M -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $79.6M -$12.4M -$62.4M $43.4M -$17.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$87.1M -$53.4M -$79.6M $29M -$17.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$59.7M -$60.5M -$73.2M -$28.4M -$47.7M
Depreciation & Amoritzation $570K $455K $740K $329K $2K
Stock-Based Compensation $3.5M $6.5M $6.6M $5.9M $6.3M
Change in Accounts Receivable $448K $3.9M $1.7M -$1.9M -$1.2M
Change in Inventories -- -- -- -- --
Cash From Operations -$69.5M -$37M -$52.2M -$15.5M -$43K
 
Capital Expenditures $145K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $50.2M $30.9M $33.8M -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$580K -$411K -$54.5M -- --
Cash From Financing $114.8M $33.7M -$43.7M $220K --
 
Beginning Cash (CF) $159.4M $233.8M $230.1M $283.1M $222.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $95.5M $27.7M -$62.1M -$15.3M -$43K
Ending Cash (CF) $254.9M $261.5M $168M $267.8M $222.1M
 
Levered Free Cash Flow -$69.6M -$37M -$52.2M -$15.5M -$43K

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