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ARMP Quote, Financials, Valuation and Earnings

Last price:
$1.95
Seasonality move :
10.32%
Day range:
$1.90 - $2.00
52-week range:
$1.89 - $4.48
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
706.46x
P/B ratio:
--
Volume:
12.1K
Avg. volume:
12K
1-year change:
-20.08%
Market cap:
$70.6M
Revenue:
--
EPS (TTM):
-$1.64
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 $9.8M $14.4M $20M $35M $33.8M
Selling, General & Admin $9.3M $8M $8.3M $7.4M $11.6M
Other Inc / (Exp) $445K $6K $726K -- -$25.7M
Operating Expenses $19.1M $21.6M $23.8M $36.9M $40.9M
Operating Income -$19.1M -$21.6M -$23.8M -$36.9M -$40.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$19.5M -$22.2M -$23.2M -$36.9M -$69M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$19.5M -$22.2M -$23.2M -$36.9M -$69M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$19.5M -$22.2M -$23.2M -$36.9M -$69M
 
Basic EPS (Cont. Ops) -$2.49 -$1.35 -$0.96 -$1.08 -$1.91
Diluted EPS (Cont. Ops) -$2.55 -$1.35 -$0.96 -$1.08 -$1.91
Weighted Average Basic Share $7.8M $16.4M $24.1M $34.3M $36.1M
Weighted Average Diluted Share $8M $16.4M $24.1M $34.3M $36.1M
 
EBITDA -$17.2M -$20.4M -$21.9M -$36M -$65.4M
EBIT -$18.5M -$21.6M -$23.1M -$36.9M -$66.4M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$19.1M -$21.6M -$23.8M -$36.9M -$40.9M
Operating Income (Adjusted) -$18.5M -$21.6M -$23.1M -$36.9M -$66.4M
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 $4.1M $5.6M $8.4M $8M $9.5M
Selling, General & Admin $1.8M $1.8M $1.6M $3.6M $3.2M
Other Inc / (Exp) -- $726K -- -$19.7M $6.9M
Operating Expenses $5.6M $6.1M $8.6M $10.3M $9.8M
Operating Income -$5.6M -$6.1M -$8.6M -$10.3M -$9.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$5.8M -$5.4M -$8.6M -$31.2M -$5.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$5.8M -$5.4M -$8.6M -$31.2M -$5.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$5.8M -$5.4M -$8.6M -$31.2M -$5.5M
 
Basic EPS (Cont. Ops) -$0.31 -$0.22 -$0.24 -$0.86 -$0.15
Diluted EPS (Cont. Ops) -$0.31 -$0.22 -$0.24 -$0.86 -$0.15
Weighted Average Basic Share $18.4M $24.8M $36M $36.1M $36.2M
Weighted Average Diluted Share $18.4M $24.8M $36M $36.1M $36.2M
 
EBITDA -$5.4M -$5.1M -$8.4M -$29.8M -$2.2M
EBIT -$5.6M -$5.4M -$8.6M -$30M -$2.6M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$5.6M -$6.1M -$8.6M -$10.3M -$9.8M
Operating Income (Adjusted) -$5.6M -$5.4M -$8.6M -$30M -$2.6M
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 $11.1M $20.2M $30.3M $35.4M $33.9M
Selling, General & Admin $8M $8M $7.9M $10.3M $13M
Other Inc / (Exp) -$675K $726K -- -$16.8M $8.4M
Operating Expenses $18.8M $24.2M $32.7M $41.6M $41.5M
Operating Income -$18.8M -$24.2M -$32.7M -$41.6M -$41.5M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$20.1M -$23.7M -$32.7M -$59.5M -$41.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$20.1M -$23.7M -$32.7M -$59.5M -$41.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$20.1M -$23.7M -$32.7M -$59.5M -$41.4M
 
Basic EPS (Cont. Ops) -$1.54 -$1.10 -$1.03 -$1.65 -$1.14
Diluted EPS (Cont. Ops) -$1.54 -$1.10 -$1.03 -$1.72 -$1.64
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$18.3M -$22.3M -$31.7M -$57.4M -$31.2M
EBIT -$19.5M -$23.5M -$32.7M -$58.3M -$32.5M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$18.8M -$24.2M -$32.7M -$41.6M -$41.5M
Operating Income (Adjusted) -$19.5M -$23.5M -$32.7M -$58.3M -$32.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $30K $1.2M -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $9.5M $15.2M $25.4M $25.8M $26M
Selling, General & Admin $6M $6.1M $5.6M $8.5M $9.9M
Other Inc / (Exp) -- $726K -- -$16.8M $17.3M
Operating Expenses $15.1M $17.8M $26.6M $31.3M $31.9M
Operating Income -$15.1M -$17.8M -$26.6M -$31.3M -$31.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$15.6M -$17.1M -$26.6M -$49.2M -$21.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$15.6M -$17.1M -$26.6M -$49.2M -$21.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$15.6M -$17.1M -$26.6M -$49.2M -$21.5M
 
Basic EPS (Cont. Ops) -$1.06 -$0.74 -$0.80 -$1.36 -$0.59
Diluted EPS (Cont. Ops) -$1.06 -$0.74 -$0.80 -$1.43 -$1.09
Weighted Average Basic Share $47.2M $70M $101M $108.2M $108.5M
Weighted Average Diluted Share $47.2M $70M $101M $128.7M $130.6M
 
EBITDA -$14.3M -$16.2M -$26M -$47.3M -$13.1M
EBIT -$15.1M -$17M -$26.6M -$48M -$14.1M
 
Revenue (Reported) $30K $1.2M -- -- --
Operating Income (Reported) -$15.1M -$17.8M -$26.6M -$31.3M -$31.9M
Operating Income (Adjusted) -$15.1M -$17M -$26.6M -$48M -$14.1M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $6M $9.6M $10.3M $14.9M $13.5M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $622K $636K -- -- --
Other Current Assets -- -- $1.7M $3.7M $2.3M
Total Current Assets $6.7M $10.8M $15M $27M $19.2M
 
Property Plant And Equipment $4.2M $12.8M $38.1M $46.7M $57.3M
Long-Term Investments -- -- -- -- --
Goodwill $3.5M $3.5M $3.5M $3.5M $3.5M
Other Intangibles $10.3M $10.3M $10.3M $10.3M $10.3M
Other Long-Term Assets $835K $2.1M $3M $8.4M $8.2M
Total Assets $25.5M $39.5M $69.8M $95.8M $98.4M
 
Accounts Payable $547K $956K $1.1M $1.7M $1.6M
Accrued Expenses $731K $973K $1.1M $4.4M $4.1M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $1.3M $1.6M $1.5M $17M $9.5M
Other Current Liabilities -- -- -- -- $523K
Total Current Liabilities $4.9M $6.7M $4.8M $24.9M $16.5M
 
Long-Term Debt -- -- -- -- $82.3M
Capital Leases -- -- -- -- --
Total Liabilities $10.9M $20.7M $44.4M $59.8M $130.4M
 
Common Stock $99K $187K $271K $361K $361K
Other Common Equity Adj -- -- -- -- --
Common Equity $14.6M $18.9M $25.4M $36.1M -$32.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $14.6M $18.9M $25.4M $36.1M -$32.1M
 
Total Liabilities and Equity $25.5M $39.5M $69.8M $95.8M $98.4M
Cash and Short Terms $6M $9.6M $10.3M $14.9M $13.5M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $15.9M $12.1M $25.4M $24M $17.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $804K $851K $6M $4.1M --
Other Current Assets -- -- -- -- $3M
Total Current Assets $17M $14.2M $33.2M $36.6M $22.4M
 
Property Plant And Equipment $12.8M $12.6M $39M $54.1M $55.9M
Long-Term Investments -- -- -- -- --
Goodwill $3.5M $3.5M $3.5M $3.5M $3.5M
Other Intangibles $10.3M $10.3M $10.3M $10.3M $10.3M
Other Long-Term Assets $2.1M $2.1M $6.9M $8.3M $6.2M
Total Assets $45.7M $42.7M $92.9M $112.8M $98.2M
 
Accounts Payable -- -- -- $3.8M $1.8M
Accrued Expenses -- -- -- $2.9M $1.9M
Current Portion Of Long-Term Debt -- -- -- -- $107.4M
Current Portion Of Capital Lease Obligations $1.4M $1.7M $2.2M $13.4M $5M
Other Current Liabilities -- -- -- -- $513K
Total Current Liabilities $7.1M $5.3M $7M $21.9M $118.2M
 
Long-Term Debt -- -- -- $72M --
Capital Leases -- -- -- -- --
Total Liabilities $21.1M $18.9M $47.3M $125.1M $149.2M
 
Common Stock $187K $249K $361K $361K $362K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $24.6M $23.8M $45.6M -$12.4M -$51M
 
Total Liabilities and Equity $45.7M $42.7M $92.9M $112.8M $98.2M
Cash and Short Terms $15.9M $12.1M $25.4M $24M $17.1M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$19.5M -$22.2M -$23.2M -$36.9M -$69M
Depreciation & Amoritzation $1.4M $1.1M $1.2M $892K $972K
Stock-Based Compensation $4.3M $3.5M $2.9M $3.1M $938K
Change in Accounts Receivable -- -$467K -$2.4M -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$15.6M -$18.3M -$23.6M -$32.5M -$47.4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions $3M -- -- -- --
Cash From Investing $2.9M -$824K -$1.3M -$2.2M -$8.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $717K -- -- $54M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -$568K -$1.4M -$500K -$43K
Cash From Financing $9M $23.2M $25.5M $44M $54M
 
Beginning Cash (CF) $10.5M $6.7M $10.8M $11.5M $20.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$3.7M $4.1M $639K $9.3M -$1.6M
Ending Cash (CF) $6.7M $10.8M $11.5M $20.8M $19.2M
 
Levered Free Cash Flow -$15.8M -$19.1M -$24.9M -$34.7M -$55.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$5.8M -$5.4M -$8.6M -$31.2M -$5.5M
Depreciation & Amoritzation $265K $314K $226K $221K $313K
Stock-Based Compensation $663K $469K $846K -$373K $670K
Change in Accounts Receivable -$241K -$83K -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$3.9M -$5M -$10.3M -$9.7M -$8.9M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$81K -$582K -$1.3M -$3.5M -$340K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -$1K -- -- $24.8M --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$61K
Cash From Financing $60K $86K $31K $24.8M -$61K
 
Beginning Cash (CF) $21M $18.7M $42.9M $18.2M $31.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$3.9M -$5.5M -$11.6M $11.6M -$9.3M
Ending Cash (CF) $17.1M $13.3M $31.3M $29.8M $22.6M
 
Levered Free Cash Flow -$4M -$5.5M -$11.6M -$13.2M -$9.2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$20.1M -$23.7M -$32.7M -$59.5M -$41.4M
Depreciation & Amoritzation $1.1M $1.2M $924K $924K $1.2M
Stock-Based Compensation $3.7M $3.1M $3M $1.6M $2.7M
Change in Accounts Receivable -$241K -$916K -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$14.7M -$21.3M -$30.6M -$49.8M -$37.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$386K -$1.4M -$2.9M -$5.3M -$4.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- $54M $34.9M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -$982K -- -- --
Cash From Financing $22.8M $18.9M $51.6M $53.5M $34.9M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $7.7M -$3.8M $18.1M -$1.6M -$7.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$15.2M -$22.7M -$33.5M -$55.1M -$42.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$15.6M -$17.1M -$26.6M -$49.2M -$21.5M
Depreciation & Amoritzation $840K $892K $647K $679K $945K
Stock-Based Compensation $2.6M $2.2M $2.3M $745K $2.5M
Change in Accounts Receivable -$241K -$690K -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$12M -$15M -$22M -$39.3M -$29.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$458K -$1.1M -$2.7M -$5.7M -$2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $717K -- -- $54M $34.9M
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -$1.4M -- -- -$61K
Cash From Financing $22.8M $18.5M $44.5M $54M $35M
 
Beginning Cash (CF) $52.5M $53.2M $106.8M $69.8M $94.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $10.4M $2.4M $19.9M $9M $3.4M
Ending Cash (CF) $62.9M $55.7M $126.6M $78.8M $97.8M
 
Levered Free Cash Flow -$12.4M -$16.1M -$24.7M -$45.1M -$31.6M

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