Financhill
Sell
6

SLS Quote, Financials, Valuation and Earnings

Last price:
$0.90
Seasonality move :
2.47%
Day range:
$0.87 - $0.93
52-week range:
$0.50 - $1.72
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
3.99x
Volume:
1.1M
Avg. volume:
1.5M
1-year change:
-26.18%
Market cap:
$63.4M
Revenue:
--
EPS (TTM):
-$0.69
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- $1.9M $7.6M $1M --
Revenue Growth (YoY) -- -- 300% -86.84% --
 
Cost of Revenues -- -- $200K $100K --
Gross Profit -- $1.9M $7.4M $900K --
Gross Profit Margin -- -- 97.37% 90% --
 
R&D Expenses $7.3M $9.3M $15.7M $20.3M $24M
Selling, General & Admin $9.9M $9.6M $11.3M $12.6M $13.9M
Other Inc / (Exp) -$2.3M $182K -$1.3M -$9.7M $4K
Operating Expenses $17.2M $18.9M $27M $32.9M $37.9M
Operating Income -$17.2M -$17M -$19.6M -$32M -$37.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$19.4M -$16.8M -$20.9M -$41.3M -$37.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$81K -$17K -$237K -- --
Net Income to Company -$19.3M -$16.8M -$20.7M -$41.3M -$37.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$19.3M -$16.8M -$20.7M -$41.3M -$37.3M
 
Basic EPS (Cont. Ops) -$10.92 -$2.11 -$1.34 -$2.13 -$1.34
Diluted EPS (Cont. Ops) -$10.92 -$2.11 -$1.34 -$2.13 -$1.34
Weighted Average Basic Share $2.6M $8M $15.5M $19.4M $27.8M
Weighted Average Diluted Share $2.6M $8M $15.5M $19.4M $27.8M
 
EBITDA -$17.2M -$17M -$19.6M -$32M -$37.9M
EBIT -$17.2M -$17M -$19.6M -$32M -$37.9M
 
Revenue (Reported) -- $1.9M $7.6M $1M --
Operating Income (Reported) -$17.2M -$17M -$19.6M -$32M -$37.9M
Operating Income (Adjusted) -$17.2M -$17M -$19.6M -$32M -$37.9M
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 $2.4M $4.5M $4.3M $5.8M $4.4M
Selling, General & Admin $2.1M $2.4M $2.9M $3.5M $3M
Other Inc / (Exp) $19K -$110K $13K -- --
Operating Expenses $4.5M $7M $7.1M $9.4M $7.3M
Operating Income -$4.5M -$7M -$7.1M -$9.4M -$7.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$4.5M -$7.1M -$7M -$9.3M -$7.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$4.5M -$7.1M -$7M -$9.3M -$7.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$4.5M -$7.1M -$7M -$9.3M -$7.1M
 
Basic EPS (Cont. Ops) -$0.53 -$0.45 -$0.34 -$0.33 -$0.10
Diluted EPS (Cont. Ops) -$0.53 -$0.45 -$0.34 -$0.33 -$0.10
Weighted Average Basic Share $8.4M $15.9M $20.6M $28.4M $68.3M
Weighted Average Diluted Share $8.4M $15.9M $20.6M $28.4M $68.3M
 
EBITDA -$4.5M -$7M -$7.1M -$9.4M -$7.3M
EBIT -$4.5M -$7M -$7.1M -$9.4M -$7.3M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$4.5M -$7M -$7.1M -$9.4M -$7.3M
Operating Income (Adjusted) -$4.5M -$7M -$7.1M -$9.4M -$7.3M
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 -- $9.3M $900K -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $8.8M $15.1M $27.8M $14.8M $19.8M
Selling, General & Admin $8.7M $12.1M $11.5M $14.4M $13M
Other Inc / (Exp) -$3.1M -$7K -$751K -$9.8M --
Operating Expenses $17.5M $27.1M $39.3M $29.1M $32.8M
Operating Income -$17.5M -$17.8M -$38.4M -$29.1M -$32.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$20.5M -$17.8M -$39M -$38.3M -$32.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$20.5M -$17.8M -$38.8M -$38.3M -$32.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$20.5M -$17.8M -$38.8M -$38.3M -$32.3M
 
Basic EPS (Cont. Ops) -$3.31 -$1.19 -$2.22 -$1.54 -$0.69
Diluted EPS (Cont. Ops) -$3.31 -$1.19 -$2.22 -$1.54 -$0.69
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$17.5M -$17.8M -$38.4M -$29.1M -$32.8M
EBIT -$17.5M -$17.8M -$38.4M -$29.1M -$32.8M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$17.5M -$17.8M -$38.4M -$29.1M -$32.8M
Operating Income (Adjusted) -$17.5M -$17.8M -$38.4M -$29.1M -$32.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $7.6M $1M -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $200K $100K -- --
Gross Profit -- $7.4M $900K -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $6.5M $12.3M $24.4M $18.9M $14.7M
Selling, General & Admin $6.3M $8.8M $9M $10.8M $9.9M
Other Inc / (Exp) -$243K -$432K $165K $4K --
Operating Expenses $12.8M $21.1M $33.4M $29.7M $24.6M
Operating Income -$12.8M -$13.7M -$32.5M -$29.7M -$24.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$13M -$14.1M -$32.2M -$29.2M -$24.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$13M -$14.1M -$32.2M -$29.2M -$24.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$13M -$14.1M -$32.2M -$29.2M -$24.1M
 
Basic EPS (Cont. Ops) -$1.85 -$0.91 -$1.80 -$1.11 -$0.44
Diluted EPS (Cont. Ops) -$1.85 -$0.91 -$1.80 -$1.11 -$0.44
Weighted Average Basic Share $21.5M $46M $56.7M $80.3M $170.7M
Weighted Average Diluted Share $21.5M $46M $56.7M $80.3M $170.7M
 
EBITDA -$12.8M -$13.7M -$32.5M -$29.7M -$24.6M
EBIT -$12.8M -$13.7M -$32.5M -$29.7M -$24.6M
 
Revenue (Reported) -- $7.6M $1M -- --
Operating Income (Reported) -$12.8M -$13.7M -$32.5M -$29.7M -$24.6M
Operating Income (Adjusted) -$12.8M -$13.7M -$32.5M -$29.7M -$24.6M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $7.3M $35.3M $21.4M $17.1M $2.5M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $473K $365K $1.6M $485K $542K
Other Current Assets $84K $30K $27K $46K --
Total Current Assets $8.2M $36.9M $23M $17.8M $3.2M
 
Property Plant And Equipment $217K $896K $723K $874K $858K
Long-Term Investments -- -- -- -- --
Goodwill $1.9M $1.9M $1.9M $1.9M $1.9M
Other Intangibles $5.7M $5.7M -- -- --
Other Long-Term Assets $536K $614K $594K $399K $275K
Total Assets $16.6M $46M $26.3M $20.9M $6.2M
 
Accounts Payable $3.9M $4.7M $2.1M $3.4M $5.6M
Accrued Expenses $565K $907K $1.5M $4.8M $6.1M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $217K $166K $198K $372K $446K
Other Current Liabilities -- $194K $161K -- $42K
Total Current Liabilities $5.3M $12.3M $5M $15.5M $13.7M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $10.5M $18.1M $5.9M $16.1M $14.2M
 
Common Stock $1K $1K $2K $2K $3K
Other Common Equity Adj -- -- -- -- --
Common Equity $6.1M $28M $20.3M $4.9M -$8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $6.1M $28M $20.3M $4.9M -$8M
 
Total Liabilities and Equity $16.6M $46M $26.3M $20.9M $6.2M
Cash and Short Terms $7.3M $35.3M $21.4M $17.1M $2.5M
Total Debt -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $8.2M $26.3M $21.3M $4M $21M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $999K $2.6M $1.1M -- $2.7M
Other Current Assets $31K $3K $47K $1.1M $225K
Total Current Assets $9.3M $29M $22.6M $5.2M $24M
 
Property Plant And Equipment $911K $767K $961K $592K $513K
Long-Term Investments -- -- -- -- --
Goodwill $1.9M $1.9M $1.9M $1.9M $1.9M
Other Intangibles $5.7M $5.7M -- -- --
Other Long-Term Assets $651K $597K $521K $377K $43K
Total Assets $18.5M $38M $26M $8.1M $26.5M
 
Accounts Payable $1.8M $2.5M $2.1M $4.3M $4.5M
Accrued Expenses $1.6M $1.4M $3.2M $5.2M $3.5M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $136K $190K $356K $466K $576K
Other Current Liabilities -- $281K $192K $214K $174K
Total Current Liabilities $4.2M $5.3M $12.6M $11.7M $10.6M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $10.6M $11.3M $13.4M $11.9M $10.6M
 
Common Stock $10K $2K $2K $3K $6K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $7.9M $26.6M $12.6M -$3.8M $15.9M
 
Total Liabilities and Equity $18.5M $38M $26M $8.1M $26.5M
Cash and Short Terms $8.2M $26.3M $21.3M $4M $21M
Total Debt -- -- -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$19.3M -$16.8M -$20.7M -$41.3M -$37.3M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $573K $578K $1M $1.7M $2.1M
Change in Accounts Receivable -- $282K $1.1M -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$17.6M -$10.4M -$26M -$23.8M -$31.4M
 
Capital Expenditures -- -- -- $4.5M --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$4.5M -$5.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $308K -- -- -$31K
Cash From Financing $19.6M $38.4M $12.1M $24.1M $22.3M
 
Beginning Cash (CF) $5.5M $7.4M $35.4M $21.5M $17.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.9M $28M -$13.9M -$4.2M -$14.6M
Ending Cash (CF) $7.4M $35.4M $21.5M $17.2M $2.6M
 
Levered Free Cash Flow -$17.6M -$10.4M -$26M -$28.3M -$36.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$4.5M -$7.1M -$7M -$9.3M -$7.1M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $146K $275K $455K $543K $381K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$3.6M -$5.9M -$5.7M -$6.9M -$7.8M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$3M --
 
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 $8.5M $2.2M $107K $54K $19.7M
 
Beginning Cash (CF) $3.4M $30M $27.1M $13.9M $9.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $4.9M -$3.6M -$5.6M -$9.8M $11.9M
Ending Cash (CF) $8.3M $26.4M $21.4M $4.1M $21.1M
 
Levered Free Cash Flow -$3.6M -$5.9M -$5.7M -$9.9M -$7.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$20.5M -$17.8M -$38.8M -$38.3M -$32.3M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $584K $864K $1.6M $2M $1.7M
Change in Accounts Receivable -- $1.4M -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$18M -$17.6M -$23.6M -$31.7M -$33.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
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 $17.1M $35.7M $23.2M $19.9M $50.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$931K $18.1M -$4.9M -$17.4M $17.1M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$18M -$17.6M -$28.1M -$37.2M -$33.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$13M -$14.1M -$32.2M -$29.2M -$24.1M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $437K $723K $1.3M $1.6M $1.2M
Change in Accounts Receivable -- $1.1M -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$13.8M -$21M -$18.7M -$26.6M -$28.2M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$4.5M -$5.5M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $308K -- -- -- --
Cash From Financing $14.8M $12M $23.2M $18.9M $46.8M
 
Beginning Cash (CF) $17.7M $93.6M $62.9M $55.1M $30.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $926K -$9M -$7K -$13.2M $18.5M
Ending Cash (CF) $18.6M $84.5M $62.9M $42M $48.9M
 
Levered Free Cash Flow -$13.8M -$21M -$23.2M -$32.1M -$28.2M

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