$75.8 M

RESN Mkt cap, 22-May-2019

$134 K

Resonant Revenue Q1, 2019
Resonant Net income (Q1, 2019)-7.1 M
Resonant Cash, 31-Mar-20198.7 M

Resonant Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

302.0k653.0k524.0k

R&D expense

926.1k3.6m6.4m10.0m14.3m

General and administrative expense

1.5m4.1m8.5m9.6m

Operating expense total

2.4m9.7m15.6m19.7m25.8m

Depreciation and amortization

491.0k694.0k

EBIT

(2.4m)(9.7m)(15.3m)(19.0m)

EBIT margin, %

(5063%)(2915%)

Interest expense

1.4m

Pre tax profit

(8.6m)(9.7m)(15.3m)(21.7m)(24.8m)

Income tax expense

(800.0)(1.0k)22.0k14.0k(1.0k)

Net Income

(8.6m)(9.7m)(15.2m)(21.7m)(24.8m)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

27.0k63.0k25.0k156.0k220.0k106.0k157.0k124.0k115.0k134.0k

R&D expense

968.8k622.7k997.0k1.1m1.2m1.0m1.1m1.5m2.1m2.2m2.3m3.3m3.3m3.6m4.4m

General and administrative expense

454.6k759.6k1.1m943.0k1.6m1.6m1.3m2.3m2.8m2.1m2.0m2.7m2.8m3.0m

Operating expense total

1.5m1.4m2.2m2.2m2.9m3.1m3.1m4.0m5.1m4.5m4.3m5.9m6.2m6.6m7.4m

Depreciation and amortization

62.0k127.0k145.0k156.0k201.0k188.0k194.0k

EBIT

(1.5m)(1.4m)(2.2m)(2.2m)(2.9m)(3.1m)(3.0m)(4.0m)(4.9m)

EBIT margin, %

(11404%)(4746%)(15924%)(3159%)

Interest expense

2.1m10.1k709.0k

Interest income

1.6k

Pre tax profit

(2.2m)(1.4m)(2.2m)(2.1m)(2.9m)(3.1m)(3.0m)(4.0m)(4.9m)(4.3m)(4.2m)(5.7m)(6.0m)(6.3m)(7.1m)

Income tax expense

(1.0k)(1.0k)25.0k(1.0k)16.0k(8.0k)(11.0k)1.0k

Net Income

(2.2m)(1.4m)(2.2m)(2.1m)(2.9m)(3.1m)(3.0m)(4.0m)(4.9m)(4.3m)(4.2m)(5.7m)(6.0m)(6.3m)(7.1m)

Resonant Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.8m2.5m5.1m19.5m4.4m

Accounts Receivable

56.0k50.0k165.0k

Inventories

105.8k138.0k160.0k

Current Assets

13.9m5.6m10.0m20.2m21.8m

PP&E

992.0k994.0k1.4m2.0m

Goodwill

789.0k824.0k817.0k

Total Assets

15.5m7.6m13.2m23.8m26.2m

Accounts Payable

222.9k518.0k905.0k708.0k695.0k

Current Liabilities

719.8k1.1m3.0m3.1m3.3m

Total Liabilities

3.1m3.1m3.3m

Additional Paid-in Capital

35.9m37.4m56.3m88.4m115.5m

Retained Earnings

(21.2m)(30.9m)(46.2m)(67.8m)(92.6m)

Total Equity

6.5m10.1m20.6m22.9m

Financial Leverage

1.2 x1.3 x1.2 x1.1 x

Resonant Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(8.6m)(9.7m)(15.2m)(21.7m)(24.8m)

Depreciation and Amortization

14.4k491.0k694.0k721.0k840.0k

Accounts Receivable

(1.0m)(326.0k)56.0k6.0k(115.0k)

Inventories

105.8k138.0k160.0k

Accounts Payable

222.9k518.0k905.0k(143.0k)107.0k

Cash From Operating Activities

2.5m(3.3m)(14.5m)(18.1m)

Purchases of PP&E

(815.0k)(1.3m)

Cash From Investing Activities

3.6m(18.2m)

Cash From Financing Activities

25.3m21.3m

Income Taxes Paid

1.0k3.0k

Quarterly

Resonant Ratios

USDY, 2019

Financial Leverage

1.3 x