Financials
We've grouped the latest 4 financial reports for ARCT. You can view and compare their Income Statement, Balance Sheet, and Cash Flow.
Income Statement | 2019 | 2020 | 2021 |
---|---|---|---|
Total Revenue | $19.9M | $8.64M | $10.2M |
Cost of Revenue | $13.3M | $24.1M | $42.7M |
Gross Margin | $6.54M | -$15.5M | -$32.4M |
Research & Development | $33.6M | $57.8M | $174M |
Selling, General and Administrative | - | - | - |
Other Operating Expense | - | - | - |
Total Operating Expense | - | - | - |
Operating Income | -$25.5M | -$71.5M | -$203M |
Interest Income | $408K | $470K | $753K |
Interest Expense | $900K | $900K | $2.70M |
Net Interest Incomee | -$900K | -$900K | -$2.70M |
Other Income Expense | - | - | - |
Non-recurring Items | - | - | - |
Other Non-operating Income | -$446K | -$361K | -$1.92M |
Income before Provision for income taxes | -$26.0M | -$72.1M | -$204M |
Tax Provision | - | - | - |
Net Income | -$26.0M | -$72.1M | -$204M |
Effect of accounting charges | - | - | - |
Minority Interest | - | - | - |
Provision for income taxes | - | - | - |
Non-recurring items | - | - | - |
Other Items | - | - | - |
Discontinued Operations | - | - | - |
Preferred Stock Dividends | - | - | - |
EBIT | -$25.5M | -$71.5M | -$203M |
Balance Sheet | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
otherNonCurrentAssets | - | - | - | - |
Assets | ||||
Cash, Cash Equivalents & Short-term investments | $36.7M | $71.4M | $463M | $370M |
Cash & Cash Equivalents | - | - | - | - |
Other Short-term Investments | - | - | - | - |
Receivables | - | - | - | - |
Inventory | - | - | - | - |
Other Current Assets | $92.0K | $38.0K | $2.77M | $5.10M |
Total Current Assets | $41.8M | $74.3M | $468M | $379M |
PPE | $1.98M | $2.35M | $3.38M | $5.64M |
Non-current Marketable Securities | $288K | $263K | - | $515K |
total non-current assets | $2.37M | $7.85M | $8.67M | $13.9M |
Goodwill | - | - | - | - |
Other Intangible Assets | - | - | - | - |
deferred long-term asset charges | - | - | - | - |
Total Assets | $44.2M | $82.1M | $476M | $393M |
Liabilities | ||||
Accounts Payable | - | - | - | - |
Current Debt | - | $827K | $2.88M | $4.50M |
Other Current Liabilties | $3.91M | $6.31M | $17.8M | $41.5M |
Total Current Liabilities | $12.6M | $21.3M | $49.5M | $99.5M |
Long Term Debt | $9.91M | $15.5M | $15.3M | $15.3M |
Non-Current Deferred Liabilties | - | - | - | - |
Negative Goodwill | - | - | - | - |
Other Non-Current Liabilities | - | $4.85M | $4.03M | $4.50M |
total non-current liabilities | $18.0M | $35.0M | $30.4M | $65.1M |
Total capital lease obligations | - | $5.68M | $5.66M | $6.04M |
Total Liabilities | $30.6M | $56.4M | $79.9M | $165M |
Shareholder's Equity | ||||
Common Stock | - | - | - | - |
Share premium | - | - | - | - |
Preferred Stock | - | - | - | - |
Retained Earnings | - | - | - | - |
Additional Paid-in Capital | - | - | - | - |
Gains/Losses not affecting retained earnings | - | - | - | - |
Treasury Stock | - | - | - | - |
Total Shareholders' Equity | $13.6M | $25.8M | $397M | $228M |
Total Liabilities and Shareholders' Equity | - | - | - | - |
Cash Flow | 2019 | 2020 | 2021 |
---|---|---|---|
Cash from Operating Activities | |||
Operating Activities | -$6.44M | -$42.9M | -$135M |
Other Operating Activities | - | - | - |
Change(increase) in Operating Activities | - | - | - |
Net Income | -$26.0M | -$72.1M | -$204M |
Depreciation | - | - | - |
Change in Liabilities | - | - | - |
Change in Inventory | - | - | - |
Change(increase) in Account Receivables | - | - | - |
Change(increase) in Receivables | -$2.30M | -$54.0K | $1.24M |
Cash from Investing Activities | |||
Investment Activities | -$818K | -$1.74M | -$3.41M |
Other Investment Activities | - | - | - |
Investments | - | - | - |
Capital Expenditures | $818K | $1.74M | $3.41M |
Cash from Financing Activities | |||
Financing Activities | $41.9M | $436M | $48.0M |
Other Financing Activities | - | - | - |
Stock Sale and Purchase | - | - | - |
Dividends | - | - | - |
Net Borrowings | - | - | - |
Change(increase) in Cash | - | - | - |
Change(increase) in Cash and Cash Equivalents | $34.6M | $392M | -$90.4M |
Change(increase) in Net Income | - | - | - |
Change in Exchange Rate | - | - | - |