Financhill
Buy
58

VOR Quote, Financials, Valuation and Earnings

Last price:
$2.38
Seasonality move :
-26.76%
Day range:
$1.92 - $2.37
52-week range:
$0.13 - $3.29
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
4.01x
Volume:
12.5M
Avg. volume:
32.5M
1-year change:
109.9%
Market cap:
$264.9M
Revenue:
--
EPS (TTM):
-$1.51
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 $31.6M $47.5M $64.6M $94.3M $93.3M
Selling, General & Admin $11.7M $21.5M $28.9M $31.7M $27.9M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $43.4M $69M $93.4M $126M $121.2M
Operating Income -$43.4M -$69M -$93.4M -$126M -$121.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$43.3M -$68.9M -$92.1M -$117.9M -$116.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$43.3M -$68.9M -$92.1M -$117.9M -$116.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$43.3M -$68.9M -$92.1M -$117.9M -$116.9M
 
Basic EPS (Cont. Ops) -$1.42 -$2.10 -$2.33 -$1.75 -$1.70
Diluted EPS (Cont. Ops) -$1.42 -$2.10 -$2.33 -$1.75 -$1.70
Weighted Average Basic Share $34.6M $33.4M $39.6M $67.2M $68.7M
Weighted Average Diluted Share $34.6M $33.4M $39.6M $67.2M $68.7M
 
EBITDA -$42.8M -$67.6M -$90.9M -$122.5M -$117.7M
EBIT -$43.4M -$69M -$93.4M -$126M -$121.2M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$43.4M -$69M -$93.4M -$126M -$121.2M
Operating Income (Adjusted) -$43.4M -$69M -$93.4M -$126M -$121.2M
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 $8.9M $15.3M $21.9M $24.3M $26.7M
Selling, General & Admin $4.8M $7.5M $8.5M $8M $6.6M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $13.7M $22.8M $30.4M $32.3M $33.3M
Operating Income -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
 
Basic EPS (Cont. Ops) -$0.67 -$0.61 -$0.43 -$0.45 -$0.26
Diluted EPS (Cont. Ops) -$0.67 -$0.61 -$0.43 -$0.45 -$0.26
Weighted Average Basic Share $22.3M $37.3M $66.3M $68M $124.8M
Weighted Average Diluted Share $22.3M $37.3M $66.3M $68M $124.8M
 
EBITDA -$13.4M -$22.4M -$29.6M -$31.4M -$32.5M
EBIT -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
Operating Income (Adjusted) -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
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 $34.4M $53.9M $71.2M $96.7M $95.7M
Selling, General & Admin $14.8M $24.2M $29.9M $31.2M $26.5M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $49.2M $78.1M $101M $127.9M $122.2M
Operating Income -$49.2M -$78.1M -$101M -$127.9M -$122.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$49.2M -$77.9M -$97.8M -$120.2M -$118.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$49.2M -$77.9M -$97.8M -$120.2M -$118.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$49.2M -$77.9M -$97.8M -$120.2M -$118.6M
 
Basic EPS (Cont. Ops) -$3.06 -$2.09 -$2.16 -$1.77 -$1.51
Diluted EPS (Cont. Ops) -$3.06 -$2.09 -$2.16 -$1.77 -$1.51
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$48.4M -$76.5M -$97.7M -$124.3M -$118.7M
EBIT -$49.2M -$78.1M -$101M -$127.9M -$122.2M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$49.2M -$78.1M -$101M -$127.9M -$122.2M
Operating Income (Adjusted) -$49.2M -$78.1M -$101M -$127.9M -$122.2M
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 $8.9M $15.3M $21.9M $24.3M $26.7M
Selling, General & Admin $4.8M $7.5M $8.5M $8M $6.6M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $13.7M $22.8M $30.4M $32.3M $33.3M
Operating Income -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
 
Basic EPS (Cont. Ops) -$0.67 -$0.61 -$0.43 -$0.45 -$0.26
Diluted EPS (Cont. Ops) -$0.67 -$0.61 -$0.43 -$0.45 -$0.26
Weighted Average Basic Share $22.3M $37.3M $66.3M $68M $124.8M
Weighted Average Diluted Share $22.3M $37.3M $66.3M $68M $124.8M
 
EBITDA -$13.4M -$22.4M -$29.6M -$31.4M -$32.5M
EBIT -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
Operating Income (Adjusted) -$13.7M -$22.8M -$30.4M -$32.3M -$33.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $48.5M $119.8M $57.7M $31.4M $81.9M
Short Term Investments -- $87.7M $172.5M $105.8M $10M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $467K $4.8M $4.4M $3.2M $4.2M
Other Current Assets $100K $2.1M $2.3M $475K $380K
Total Current Assets $49.1M $214.4M $237M $140.8M $96.5M
 
Property Plant And Equipment $21.8M $22.5M $57.1M $50.1M $41.6M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $5M $5.7M $5.3M $7.2M $4.8M
Total Assets $75.9M $242.6M $299.4M $198.1M $142.9M
 
Accounts Payable $2.4M $1.5M $1.8M $815K $1.5M
Accrued Expenses $3.5M $1.5M $3.1M $4.6M $6.7M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $863K $1.8M $3.3M $3.8M $4.2M
Other Current Liabilities $723K $1.1M $537K $324K $356K
Total Current Liabilities $10.2M $10.2M $13.1M $15.6M $18.6M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $27.6M $26.3M $48.8M $47.4M $46.2M
 
Common Stock $107.3M $4K $7K $7K $13K
Other Common Equity Adj -- -- -$770K -$77K $22K
Common Equity -$59.1M $216.3M $250.6M $150.7M $96.7M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $48.3M $216.3M $250.6M $150.7M $96.7M
 
Total Liabilities and Equity $75.9M $242.6M $299.4M $198.1M $142.9M
Cash and Short Terms $48.5M $207.5M $230.2M $137.2M $91.9M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $262.6M $90M $42.5M $45M $50M
Short Term Investments -- $91.6M $167.7M $62.5M $10M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $3.6M $6.5M $6.2M $3.8M $4.5M
Other Current Assets $92K $2.2M $459K $507K $297K
Total Current Assets $266.3M $190.3M $216.9M $111.8M $64.8M
 
Property Plant And Equipment $22.5M $33.4M $55.4M $48M $39.7M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $4.1M $10.6M $5.2M $7.2M $4.8M
Total Assets $292.9M $234.3M $277.5M $167M $109.3M
 
Accounts Payable $2.4M $1.3M $3.2M $2.3M $3.7M
Accrued Expenses $2.8M $7M $3.7M $4.9M $6.6M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $1.2M $7.3M $3.7M $4M $4.3M
Other Current Liabilities $675K $351K $344K $134K $308K
Total Current Liabilities $8.6M $18.1M $12.6M $13.2M $16.7M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $25.8M $39.8M $47.3M $44M $43.2M
 
Common Stock $4K $4K $7K $7K $13K
Other Common Equity Adj -- -$1.1M -$174K -$87K $23K
Common Equity -- -- -- -- --
Total Preferred Equity $45.4M -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $267.2M $194.4M $230.2M $123M $66.1M
 
Total Liabilities and Equity $292.9M $234.3M $277.5M $167M $109.3M
Cash and Short Terms $262.6M $181.6M $210.2M $107.5M $60M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$43.3M -$68.9M -$92.1M -$117.9M -$116.9M
Depreciation & Amoritzation $605K $1.4M $2.5M $3.5M $3.5M
Stock-Based Compensation $1.3M $4.3M $10.7M $13.4M $9.8M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$36.3M -$69.1M -$85.1M -$100.3M -$99.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$4.2M -$91.7M -$94.1M $71M $96.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$2.2M -- -$717K -$2.3M
Cash From Financing $82.5M $232.9M $117.1M $2.9M $53.4M
 
Beginning Cash (CF) $8M $50.1M $122.2M $60.1M $33.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $42.1M $72.1M -$62.1M -$26.3M $50.6M
Ending Cash (CF) $50.1M $122.2M $60.1M $33.8M $84.4M
 
Levered Free Cash Flow -$40.5M -$73M -$93.6M -$101.4M -$99.9M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
Depreciation & Amoritzation $311K $426K $837K $943K $825K
Stock-Based Compensation $891K $1.7M $4.1M $3.1M $1.9M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$17.6M -$22.9M -$24.3M -$30.5M -$31.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.2M -$7.1M $6.5M $44M -$230K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1.7M -- -$717K -- -$551K
Cash From Financing $232.8M $200K $2.5M $96K -$606K
 
Beginning Cash (CF) $50.1M $122.2M $60.1M $33.8M $84.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $214M -- -$15.3M $13.6M -$31.9M
Ending Cash (CF) $264.1M -- $44.9M $47.4M $52.5M
 
Levered Free Cash Flow -$18.8M -$24.9M -$24.4M -$30.6M -$31.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$49.2M -$77.9M -$97.8M -$120.2M -$118.6M
Depreciation & Amoritzation $850K $1.5M $2.9M $3.6M $3.4M
Stock-Based Compensation $2.1M $5.2M $13M $12.4M $8.7M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$47.9M -$74.4M -$86.5M -$106.5M -$100.3M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$4.8M -$97.5M -$80.5M $108.5M $52.7M
 
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 $297.6M $263K $119.5M $515K $52.7M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $245M -- -$77.3M $2.5M $5.1M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$52.6M -$79.1M -$93.1M -$107.6M -$100.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$13.7M -$22.7M -$28.4M -$30.8M -$32.5M
Depreciation & Amoritzation $311K $426K $837K $943K $825K
Stock-Based Compensation $891K $1.7M $4.1M $3.1M $1.9M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$17.6M -$22.9M -$24.3M -$30.5M -$31.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.2M -$7.1M $6.5M $44M -$230K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1.7M -- -$717K -- -$551K
Cash From Financing $232.8M $200K $2.5M $96K -$606K
 
Beginning Cash (CF) $50.1M $122.2M $60.1M $33.8M $84.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $214M -- -$15.3M $13.6M -$31.9M
Ending Cash (CF) $264.1M -- $44.9M $47.4M $52.5M
 
Levered Free Cash Flow -$18.8M -$24.9M -$24.4M -$30.6M -$31.3M

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