Financhill
Sell
43

ADAG Quote, Financials, Valuation and Earnings

Last price:
$1.62
Seasonality move :
-14.5%
Day range:
$1.73 - $2.00
52-week range:
$1.33 - $3.58
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
4.30x
P/B ratio:
1.84x
Volume:
111.8K
Avg. volume:
109.1K
1-year change:
-24.23%
Market cap:
$92.8M
Revenue:
$103.2K
EPS (TTM):
-$0.74
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $700.9K $10.2M $9.3M $18.1M $103.2K
Revenue Growth (YoY) 46.02% 1351.72% -8.67% 94.9% -99.43%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $33.5M $68.1M $81.3M $36.6M $28.8M
Selling, General & Admin $10.3M $14.4M $11.9M $8.7M $7.3M
Other Inc / (Exp) $327.3K $1.2M $4.7M $3.3M -$439.6K
Operating Expenses $43.9M $82.5M $93.2M $41.8M $36.1M
Operating Income -$43.2M -$72.4M -$83.9M -$23.7M -$36M
 
Net Interest Expenses -- $287.6K $315.8K -- --
EBT. Incl. Unusual Items -$42.4M -$71.5M -$79.5M -$17.3M -$33.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $1.7M $459.1K $1.7M -$17.6K
Net Income to Company -$42.4M -$73.2M -$80M -$18.9M -$33.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$42.4M -$73.2M -$80M -$18.9M -$33.4M
 
Basic EPS (Cont. Ops) -$1.01 -$1.83 -$1.85 -$0.44 -$0.74
Diluted EPS (Cont. Ops) -$1.01 -$1.83 -$1.85 -$0.44 -$0.74
Weighted Average Basic Share $42.2M $40M $43.3M $43.8M $45M
Weighted Average Diluted Share $42.2M $40M $43.3M $43.8M $45M
 
EBITDA -$41.3M -$70M -$77.4M -$14.9M -$31.7M
EBIT -$42.2M -$71.1M -$78.8M -$16.1M -$32.6M
 
Revenue (Reported) $700.9K $10.2M $9.3M $18.1M $103.2K
Operating Income (Reported) -$43.2M -$72.4M -$83.9M -$23.7M -$36M
Operating Income (Adjusted) -$42.2M -$71.1M -$78.8M -$16.1M -$32.6M
Period Ending 2016-12-31 2017-12-31 2018-12-31 2019-12-31 2020-12-31
Revenue -- -- -- $480K $391.4K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $4.7M $10M
Selling, General & Admin -- -- -- $1.2M $2.9M
Other Inc / (Exp) -- -- -- $595.6K -$250.5K
Operating Expenses -- -- -- $5.9M $12.8M
Operating Income -- -- -- -$5.4M -$12.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -$4.6M -$12.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$4.6M -$12.8M
 
Basic EPS (Cont. Ops) -- -- -- -$0.14 -$0.31
Diluted EPS (Cont. Ops) -- -- -- -$0.14 -$0.31
Weighted Average Basic Share -- -- -- $34.4M $42.2M
Weighted Average Diluted Share -- -- -- $34.4M $42.2M
 
EBITDA -- -- -- -$4.4M -$12.5M
EBIT -- -- -- -$4.6M -$12.7M
 
Revenue (Reported) -- -- -- $480K $391.4K
Operating Income (Reported) -- -- -- -$5.4M -$12.4M
Operating Income (Adjusted) -- -- -- -$4.6M -$12.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $10.2M $9.3M $18.1M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $68.1M $81.3M $36.6M $28.8M
Selling, General & Admin -- $14.4M $11.9M $8.7M $7.3M
Other Inc / (Exp) -- $1.2M $4.7M $3.3M -$439.6K
Operating Expenses -- $82.5M $93.2M $41.8M $36.1M
Operating Income -- -$72.4M -$83.9M -$23.7M -$36M
 
Net Interest Expenses -- $287.6K $315.8K -- --
EBT. Incl. Unusual Items -- -$71.5M -$79.5M -$17.3M -$33.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $1.7M $459.1K $1.7M -$17.6K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$73.2M -$80M -$18.9M -$33.4M
 
Basic EPS (Cont. Ops) -- -$1.83 -$1.85 -$0.44 -$0.74
Diluted EPS (Cont. Ops) -- -$1.83 -$1.85 -$0.44 -$0.74
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -$71.1M -$78.8M -$16.1M -$32.6M
EBIT -- -$71.1M -$78.8M -$16.1M -$32.6M
 
Revenue (Reported) -- $10.2M $9.3M $18.1M --
Operating Income (Reported) -- -$72.4M -$83.9M -$23.7M -$36M
Operating Income (Adjusted) -- -$71.1M -$78.8M -$16.1M -$32.6M
Period Ending 2021-07-18 2022-07-18 2023-07-18 2024-07-18
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- -- --
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -- --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -- --
 
Basic EPS (Cont. Ops) -- -- -- -- --
Diluted EPS (Cont. Ops) -- -- -- -- --
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -- -- -- --
EBIT -- -- -- -- --
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $75.2M $174.4M $143.8M $109.9M $85.2M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $3M -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $3.8M $3.4M $4.1M $2.4M $2M
Other Current Assets -- $619.9K $805K $905.4K $527.7K
Total Current Assets $79.1M $186M $149.3M $113.4M $87.8M
 
Property Plant And Equipment $2.1M $3.5M $3M $2.2M $1.4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $3.1M $69.3K $109.6K $84.9K $81.4K
Total Assets $84.3M $189.5M $152.4M $115.7M $89.3M
 
Accounts Payable $1.8M $3.3M $3.7M $3.1M $4.2M
Accrued Expenses $5.8M $4.2M $2.8M $2.4M $2.3M
Current Portion Of Long-Term Debt $5M $1.4M $2.9M $4.2M $12.9M
Current Portion Of Capital Lease Obligations -- -- $152K $196K $141.3K
Other Current Liabilities $145.7K $143.1K $111.9K $119.8K $56.3K
Total Current Liabilities $16.1M $29.8M $55.1M $31.5M $38.2M
 
Long-Term Debt $3M $3M $14.1M $13.5M $417.3K
Capital Leases -- -- -- -- --
Total Liabilities $173.7M $33M $69.3M $45.2M $38.7M
 
Common Stock $1.9K $5.6K $5.5K $5.6K $5.9K
Other Common Equity Adj -$351K -$94K -$849.3K -$1.8M -$526.9K
Common Equity -$89.4M $156.6M $83.1M $70.6M $50.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$89.4M $156.6M $83.1M $70.6M $50.5M
 
Total Liabilities and Equity $84.3M $189.5M $152.4M $115.7M $89.3M
Cash and Short Terms $75.2M $174.4M $143.8M $109.9M $85.2M
Total Debt $8M $7.5M $27.8M $21.9M $18.2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $75.2M $174.4M $143.8M $109.9M $85.2M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $3M -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $3.8M $3.4M $4.1M $2.4M $2M
Other Current Assets -- $619.9K $805K $905.4K $527.7K
Total Current Assets $79.1M $186M $149.3M $113.4M $87.8M
 
Property Plant And Equipment $2.1M $3.5M $3M $2.2M $1.4M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $3.1M $69.3K $109.6K $84.9K $81.4K
Total Assets $84.3M $189.5M $152.4M $115.7M $89.3M
 
Accounts Payable $1.8M $3.3M $3.7M $3.1M $4.2M
Accrued Expenses $5.8M $4.2M $2.8M $2.4M $2.3M
Current Portion Of Long-Term Debt $5M $1.4M $2.9M $4.2M $12.9M
Current Portion Of Capital Lease Obligations -- -- $152K $196K $141.3K
Other Current Liabilities $145.7K $143.1K $111.9K $119.8K $56.3K
Total Current Liabilities $16.1M $29.8M $55.1M $31.5M $38.2M
 
Long-Term Debt $3M $3M $14.1M $13.5M $417.3K
Capital Leases -- -- -- -- --
Total Liabilities $173.7M $33M $69.3M $45.2M $38.7M
 
Common Stock $1.9K $5.6K $5.5K $5.6K $5.9K
Other Common Equity Adj -$351K -$94K -$849.3K -$1.8M -$526.9K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$89.4M $156.6M $83.1M $70.6M $50.5M
 
Total Liabilities and Equity $84.3M $189.5M $152.4M $115.7M $89.3M
Cash and Short Terms $75.2M $174.4M $143.8M $109.9M $85.2M
Total Debt -- $7.5M $27.8M $21.9M $18.2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$42.4M -$73.2M -$80M -$18.9M -$33.4M
Depreciation & Amoritzation $858.4K $1.1M $1.4M $1.2M $938.9K
Stock-Based Compensation $10.1M $18.7M $10.5M $7.3M $4.9M
Change in Accounts Receivable $1.8M -$7.4M $6.9M $397.4K $213.7K
Change in Inventories -- -- -- -- --
Cash From Operations -$28.5M -$43.4M -$48.6M -$28.5M -$29.7M
 
Capital Expenditures $935.2K $2.5M $690.9K $85K $33.6K
Cash Acquisitions -- -- -- -- --
Cash From Investing $7.1M -$2.5M -$686.1K -$77.4K $1.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $6.1M $4.4M $25.8M $8.1M $4.9M
Long-Term Debt Repaid -$1.1M -$5.1M -$4.4M -$13.5M -$8.3M
Repurchase of Common Stock -- -$2.4M -$4M -- --
Other Financing Activities -$721.5K -$1.6M -- -- -$315.6K
Cash From Financing $4.4M $145.4M $17.8M -$5.4M $3.8M
 
Beginning Cash (CF) $92.5M $75.2M $174.4M $143.8M $109.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$17M $99.4M -$31.5M -$33.9M -$24.8M
Ending Cash (CF) $75.2M $174.4M $143.8M $109.9M $85.2M
 
Levered Free Cash Flow -$29.5M -$45.9M -$49.3M -$28.5M -$29.7M
Period Ending 2016-09-30 2017-09-30 2018-09-30 2019-09-30 2020-09-30
Net Income to Stockholders -- -- -- -$11.8M -$29.6M
Depreciation & Amoritzation -- -- -- $602.7K $647.2K
Stock-Based Compensation -- -- -- $438.9K $8M
Change in Accounts Receivable -- -- -- -$64.9K $1.5M
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -$11.8M -$20M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- $18.9M $7.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $2.7M $4.5M
Long-Term Debt Repaid -- -- -- -$2.4M -$936.8K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$543.9K
Cash From Financing -- -- -- $16.3M $3.1M
 
Beginning Cash (CF) -- -- -- $16.1M $92.5M
Foreign Exchange Rate Adjustment -- -- -- $152.9K -$180.5K
Additions / Reductions -- -- -- $23.5M -$9.5M
Ending Cash (CF) -- -- -- $39.7M $82.9M
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-07-18 2022-07-18 2023-07-18 2024-07-18
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-07-18 2022-07-18 2023-07-18 2024-07-18
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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