Net income (Q1, 2018)-14.4 M

EBIT (Q1, 2018)-12.5 M

Cash, 31-Mar-201824.8 M

EV245.4 M

USD | FY, 2015 | FY, 2016 |
---|---|---|

## Revenue | 3.8 m | 9.2 m |

| 141% | |

## Cost of goods sold | 5.5 m | 11.4 m |

## Gross profit | (1.8 m) | (2.3 m) |

| (46%) | (25%) |

## R&D expense | 11.9 m | 12.2 m |

## General and administrative expense | 7.5 m | 12.6 m |

## Operating expense total | 19.4 m | 24.8 m |

## EBIT | (26.6 m) | (76.4 m) |

| (701%) | (835%) |

## Interest expense | 3.7 m | 6.9 m |

## Net Income | (30.8 m) | (83.3 m) |

USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.5 m | 221 k | |||||||

## Cost of goods sold | 2.3 m | 1.7 m | 2.3 m | 4.6 m | 2.6 m | 2.4 m | 5.2 m | ||

## R&D expense | 2.1 m | 2.7 m | 2.3 m | 4.3 m | 2.9 m | 1.7 m | 3.7 m | 1.7 m | |

## General and administrative expense | 1.7 m | 2.1 m | 3.6 m | 3.5 m | 3.1 m | 3.5 m | 3.3 m | 3.3 m | |

## Operating expense total | 3.8 m | 4.8 m | 5.9 m | 7.8 m | 6.1 m | 5.3 m | 7 m | 5 m | |

## EBIT | (4.5 m) | (7 m) | (11.9 m) | (24 m) | (23.7 m) | (15 m) | (16.4 m) | (14 m) | (12.5 m) |

| (306%) | (3156%) | |||||||

## Interest expense | 884 k | 1 m | 961 k | 1.5 m | 2.1 m | 2.2 m | 2.4 m | 2.6 m | 2.2 m |

## Net Income | (5.8 m) | (9.4 m) | (12.6 m) | (26.5 m) | (25.8 m) | (17.1 m) | (18.7 m) | (16.3 m) | (14.4 m) |

USD | FY, 2015 | FY, 2016 |
---|---|---|

## Cash | 90.8 m | 24.4 m |

## Accounts Receivable | 1.2 m | |

## Inventories | 2.5 m | 5.8 m |

## Current Assets | 98.2 m | 55.3 m |

## PP&E | 5.1 m | 7.1 m |

## Total Assets | 122.5 m | 80.1 m |

## Accounts Payable | 4.8 m | 7.8 m |

## Short-term debt | 8 m | 4.9 m |

## Current Liabilities | 15.9 m | 21.6 m |

## Long-term debt | 26.3 m | 58.6 m |

## Non-Current Liabilities | 28.2 m | 60 m |

## Total Debt | 34.2 m | 63.5 m |

## Total Liabilities | 44.1 m | 81.7 m |

## Additional Paid-in Capital | 195.3 m | 198.8 m |

## Retained Earnings | (116.8 m) | (200.1 m) |

## Total Equity | 78.4 m | (1.5 m) |

## Debt to Equity Ratio | 0.4 x | -41 x |

## Debt to Assets Ratio | 0.3 x | 0.8 x |

## Financial Leverage | 1.6 x | -51.8 x |

USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 25.6 m | 102.9 m | 42.4 m | 41.9 m | 43.5 m | 43.7 m | 57.4 m | 43.4 m | 24.8 m |

## Inventories | 1.7 m | 2.7 m | 2.5 m | 4.4 m | 5.7 m | 5.6 m | 6.1 m | 10 m | 13.4 m |

## Current Assets | 29.7 m | 106.4 m | 93.1 m | 91.9 m | 72 m | 74.7 m | 93.1 m | 87.9 m | 73.1 m |

## PP&E | 5.3 m | 5.2 m | 5.4 m | 6.8 m | 7 m | 7 m | 8.2 m | 8.2 m | |

## Total Assets | 55.9 m | 131.1 m | 117.9 m | 117.7 m | 97.4 m | 99 m | 118.3 m | 113.2 m | 97.4 m |

## Accounts Payable | 1.3 m | 2.4 m | 3.5 m | 3.3 m | 7.8 m | 7 m | 8.3 m | 10.7 m | 10.7 m |

## Short-term debt | 5.8 m | 2.3 m | 1.7 m | 3.2 m | 7 m | 7 m | 6.9 m | 948 k | |

## Current Liabilities | 7 m | 13.2 m | 17.9 m | 16.8 m | 21.4 m | 26 m | 30.6 m | 36.4 m | 40.2 m |

## Long-term debt | 31.2 m | 28.6 m | 31.8 m | 59 m | 59 m | 59 m | 59 m | ||

## Non-Current Liabilities | 37.6 m | 30.9 m | 33.5 m | 60.2 m | 60.1 m | 60.4 m | 62.4 m | 62.1 m | 61.7 m |

## Total Debt | 31.2 m | 34.4 m | 34.1 m | 1.7 m | 3.2 m | 66 m | 66 m | 65.9 m | 59.9 m |

## Additional Paid-in Capital | 5.1 m | 194.7 m | 195.9 m | 196.8 m | 197.8 m | 230 m | 261.4 m | 267 m | 275.6 m |

## Retained Earnings | (98.1 m) | (107.7 m) | (129.4 m) | (155.9 m) | (181.7 m) | (217.2 m) | (235.9 m) | (252.1 m) | (279.7 m) |

## Total Equity | (93 m) | 87 m | 66.4 m | 40.7 m | 15.9 m | 12.6 m | 25.3 m | 14.7 m | (4.5 m) |

## Debt to Equity Ratio | 4.5 x | ||||||||

## Debt to Assets Ratio | 0.6 x | ||||||||

## Financial Leverage | -0.6 x | 1.5 x | 1.8 x | 2.9 x | 6.1 x | 7.9 x | 4.7 x | 7.7 x | -21.5 x |

USD | FY, 2015 | FY, 2016 |
---|---|---|

## Net Income | (30.8 m) | (83.3 m) |

## Accounts Receivable | (2.2 m) | |

## Inventories | 2.5 m | (3.2 m) |

## Accounts Payable | 4.8 m | 3 m |

## Cash From Operating Activities | (70.6 m) | |

## Cash From Investing Activities | (19.3 m) | |

## Cash From Financing Activities | 23.6 m | |

## Interest Paid | 2.9 m | |

## Free Cash Flow | (74.2 m) |

USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (5.8 m) | (9.4 m) | (12.6 m) | (39.2 m) | (65 m) | (17.1 m) | (35.8 m) | (16.3 m) | (14.4 m) |

## Accounts Receivable | (2.8 m) | (1.8 m) | (360 k) | (5.7 m) | 466 k | (6 m) | |||

## Inventories | 1.7 m | 2.7 m | 19 k | (1.9 m) | (3.2 m) | 175 k | (313 k) | 10 m | (1.7 m) |

## Accounts Payable | 1.3 m | 2.4 m | (1.4 m) | (1.5 m) | 3 m | (1.3 m) | 180 k | 10.7 m | (1.2 m) |

## Cash From Operating Activities | (13 m) | (31.7 m) | (50.8 m) | (15.9 m) | (22.3 m) | (12.7 m) | |||

## Cash From Investing Activities | (34.9 m) | (41.4 m) | (20 m) | 4.7 m | (4.4 m) | 5.7 m | |||

## Cash From Financing Activities | (451 k) | 24.2 m | 23.5 m | 30.6 m | 59.7 m | (227 k) | |||

## Interest Paid | 687 k | 2.8 m | 2.8 m | 19 k | 2.2 m | 2 m | |||

## Free Cash Flow | (13.7 m) | (34.4 m) | (53.9 m) | (16.1 m) | (24 m) | (13 m) |

USD | Y, 2018 |
---|---|

## EV/EBIT | -19.6 x |

## EV/CFO | -19.3 x |

## EV/FCF | -18.9 x |

## Financial Leverage | -21.5 x |

Report incorrect company information