| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| DVAXDynavax Technologies Corporation | 1.78B | 15.62 | 78.10 | 19.36% | -13.13% | -8.13% | 3.39% | 0.43 |
| VXRTVaxart, Inc. | 156.04M | 0.65 | -4.64 | 288.94% | -34.21% | -189.5% | 0.40 |
| Jun 2016 | Jun 2017 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 9.3M | 8.9M | 5.84M | 4.16M | 9.86M | 4.05M | 892K | 107K | 7.38M | 28.7M |
| Revenue Growth % | -0.62% | -0.04% | -0.34% | -0.29% | 1.37% | -0.59% | -0.78% | -0.88% | 67.96% | 2.89% |
| Cost of Goods Sold | 100K | 17.63M | 12.36M | 17.27M | 0 | 19.86M | 48.75M | 0 | 4.5M | 0 |
| COGS % of Revenue | 0.01% | 1.98% | 2.12% | 4.15% | - | 4.91% | 54.65% | - | 0.61% | - |
| Gross Profit | 9.2M | -8.73M | -6.52M | -13.12M | 9.86M | -15.82M | -47.86M | 107K | 2.88M | 28.7M |
| Gross Margin % | 0.99% | -0.98% | -1.12% | -3.15% | 1% | -3.91% | -53.65% | 1% | 0.39% | 1% |
| Gross Profit Growth % | -0.56% | -1.95% | 0.25% | -1.01% | 1.75% | -2.6% | -2.03% | 1% | 25.91% | 8.97% |
| Operating Expenses | 34.3M | 36.3M | 83K | 23.96M | 25.65M | 14.35M | 24.89M | 114.69M | 86.23M | 94.99M |
| OpEx % of Revenue | 3.69% | 4.08% | 0.01% | 5.76% | 2.6% | 3.55% | 27.91% | 1071.91% | 11.69% | 3.31% |
| Selling, General & Admin | 5.6M | 5.7M | 2.6M | 6.68M | 6.19M | 15.2M | 21.89M | 29.39M | 22.58M | 20.78M |
| SG&A % of Revenue | 0.6% | 0.64% | 0.45% | 1.61% | 0.63% | 3.76% | 24.54% | 274.64% | 3.06% | 0.72% |
| Research & Development | 26.3M | 28.3M | 12.36M | 17.27M | 14.54M | 19.86M | 48.75M | 81.05M | 68.14M | 74.21M |
| R&D % of Revenue | 2.83% | 3.18% | 2.12% | 4.15% | 1.47% | 4.91% | 54.65% | 757.51% | 9.23% | 2.59% |
| Other Operating Expenses | 100K | 200K | 0 | 0 | 4.92M | -20.71M | -45.74M | 4.25M | -4.5M | 0 |
| Operating Income | -25.2M | -27.5M | -9.12M | -21.76M | -15.79M | -30.17M | -72.75M | -114.59M | -83.35M | -66.29M |
| Operating Margin % | -2.71% | -3.09% | -1.56% | -5.23% | -1.6% | -7.46% | -81.56% | -1070.91% | -11.3% | -2.31% |
| Operating Income Growth % | -0.29% | -0.09% | 0.67% | -1.39% | 0.27% | -0.91% | -1.41% | -0.58% | 0.27% | 0.2% |
| EBITDA | -25.1M | -27.4M | -8.73M | -18.55M | -12.19M | -28.32M | -70.32M | -108.78M | -74.72M | -57.44M |
| EBITDA Margin % | -2.7% | -3.08% | -1.5% | -4.46% | -1.24% | -7% | -78.83% | -1016.65% | -10.13% | -2% |
| EBITDA Growth % | -0.36% | -0.09% | 0.68% | -1.12% | 0.34% | -1.32% | -1.48% | -0.55% | 0.31% | 0.23% |
| D&A (Non-Cash Add-back) | 100K | 100K | 380K | 3.2M | 3.6M | 1.85M | 2.43M | 5.8M | 8.62M | 8.85M |
| EBIT | -25.1M | -27.3M | -9.12M | -15.22M | -15.77M | -30.11M | -68.88M | -106.39M | -80.76M | -63.72M |
| Net Interest Income | -300K | -1.8M | 0 | -2.62M | -2.24M | -1.8M | -1.4M | -58K | 1.21M | -426K |
| Interest Income | 0 | 0 | 2.98M | 58K | 149K | 75K | 81K | 1.25M | 2.65M | 2.54M |
| Interest Expense | 300K | 1.8M | 0 | 2.68M | 2.39M | 1.87M | 1.48M | 1.3M | 1.45M | 2.97M |
| Other Income/Expense | -200K | -1.7M | -467K | 3.86M | -2.37M | -1.81M | 2.39M | 6.9M | 1.14M | -395K |
| Pretax Income | -25.4M | -29.1M | -9.58M | -17.9M | -18.16M | -31.98M | -70.36M | -107.69M | -82.2M | -66.69M |
| Pretax Margin % | -2.73% | -3.27% | -1.64% | -4.3% | -1.84% | -7.9% | -78.88% | -1006.46% | -11.14% | -2.32% |
| Income Tax | 0 | 300K | 0 | 109K | 490K | 238K | 107K | 67K | 261K | 260K |
| Effective Tax Rate % | 1% | 1.01% | 1.3% | 1.01% | 1.03% | 1.01% | 1% | 1% | 1% | 1% |
| Net Income | -25.4M | -29.4M | -12.46M | -18.01M | -18.64M | -32.22M | -70.47M | -107.76M | -82.47M | -66.95M |
| Net Margin % | -2.73% | -3.3% | -2.13% | -4.33% | -1.89% | -7.96% | -79% | -1007.08% | -11.18% | -2.33% |
| Net Income Growth % | -0.33% | -0.16% | 0.58% | -0.45% | -0.04% | -0.73% | -1.19% | -0.53% | 0.23% | 0.19% |
| Net Income (Continuing) | -25.4M | -29.4M | -9.58M | -18.01M | -18.64M | -32.22M | -70.47M | -107.76M | -82.47M | -66.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.72 | -0.84 | -0.28 | -0.29 | -0.09 | -0.07 | -0.14 | -0.22 | -0.17 | -0.14 |
| EPS Growth % | -0.22% | -0.16% | 0.66% | -0.01% | 0.7% | 0.23% | -1.12% | -0.57% | 0.23% | 0.18% |
| EPS (Basic) | -0.72 | -0.84 | -0.33 | -0.29 | -0.09 | -0.07 | -0.14 | -0.22 | -0.17 | -0.14 |
| Diluted Shares Outstanding | 35.12M | 35.13M | 44.07M | 63.16M | 215.7M | 487.26M | 487.26M | 487.26M | 487.26M | 487.26M |
| Basic Shares Outstanding | 35.12M | 35.13M | 37.84M | 63.16M | 215.7M | 487.26M | 487.26M | 487.26M | 487.26M | 487.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
| Jun 2016 | Jun 2017 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 72.4M | 39.9M | 3.75M | 14.64M | 17.6M | 128.53M | 169.17M | 99.45M | 45.54M | 68.26M |
| Cash & Short-Term Investments | 69M | 38.6M | 2.99M | 11.46M | 13.53M | 126.87M | 166.49M | 93.72M | 39.71M | 51.72M |
| Cash Only | 49.7M | 17.7M | 1.57M | 11.46M | 13.53M | 126.87M | 143.75M | 44.01M | 34.76M | 25.23M |
| Short-Term Investments | 19.3M | 20.9M | 1.42M | 0 | 0 | 0 | 22.74M | 49.7M | 4.96M | 26.49M |
| Accounts Receivable | 700K | 600K | 630K | 1.8M | 3.62M | 334K | 71K | 20K | 3.01M | 11.97M |
| Days Sales Outstanding | 27.47 | 24.61 | 39.38 | 157.62 | 133.94 | 30.13 | 29.05 | 68.22 | 148.79 | 152.22 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.7M | 0 | 0 | 1.34M | 0 | 1.33M | 0 | 2M | 333K | 318K |
| Total Non-Current Assets | 300K | 200K | 770K | 20.58M | 19.43M | 24.05M | 52M | 54.4M | 46.29M | 98.13M |
| Property, Plant & Equipment | 300K | 200K | 730K | 1.07M | 2.2M | 8.32M | 19.77M | 41.3M | 36.57M | 29.11M |
| Fixed Asset Turnover | 31.00x | 44.50x | 8.00x | 3.90x | 4.48x | 0.49x | 0.05x | 0.00x | 0.20x | 0.99x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 4.51M | 4.51M | 4.51M | 4.51M |
| Intangible Assets | 48K | 44K | 40K | 19.41M | 17.09M | 15.36M | 10.62M | 5.02M | 4.29M | 3.56M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 16.21M | 0 | 0 | 0 |
| Other Non-Current Assets | -48K | -44K | 0 | 103K | 141K | 372K | 890K | 3.57M | 926K | 60.95M |
| Total Assets | 72.7M | 40.1M | 4.52M | 35.23M | 37.03M | 152.58M | 221.17M | 153.85M | 91.83M | 166.39M |
| Asset Turnover | 0.13x | 0.22x | 1.29x | 0.12x | 0.27x | 0.03x | 0.00x | 0.00x | 0.08x | 0.17x |
| Asset Growth % | -0.08% | -0.45% | -0.89% | 6.79% | 0.05% | 3.12% | 0.45% | -0.3% | -0.4% | 0.81% |
| Total Current Liabilities | 9.2M | 5.9M | 4.52M | 7.47M | 9.17M | 11.76M | 10.78M | 17.92M | 13.72M | 90.88M |
| Accounts Payable | 3.9M | 1.4M | 1.39M | 962K | 852K | 2.13M | 3.87M | 5.51M | 1.58M | 6.96M |
| Days Payables Outstanding | 14.23K | 28.98 | 41.06 | 20.33 | - | 39.2 | 28.99 | - | 128.48 | - |
| Short-Term Debt | 400K | 200K | 1.53M | 1.67M | 0 | 4.83M | 836K | 95K | 3.8M | 4.06M |
| Deferred Revenue (Current) | 1000K | 1000K | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.3M | 3.9M | 88K | 3.78M | 2.01M | 3.18M | 1 | 2M | 0 | 65.4M |
| Current Ratio | 7.87x | 6.76x | 0.83x | 1.96x | 1.92x | 10.93x | 15.69x | 5.55x | 3.32x | 0.75x |
| Quick Ratio | 7.87x | 6.76x | 0.83x | 1.96x | 1.92x | 10.93x | 15.69x | 5.55x | 3.32x | 0.75x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 17.3M | 15.5M | 38.72M | 16.51M | 14.91M | 17.41M | 22.85M | 25.33M | 20.3M | 16.59M |
| Long-Term Debt | 300K | 100K | 38.72M | 1.94M | 0 | 12.15M | 10.69M | 5.62M | 2.62M | 1.7M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 1.47M | 5.16M | 12M | 19.48M | 17.39M | 14.45M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 17M | 15.4M | 0 | 14.57M | 13.43M | 109K | 171K | 231K | 293K | 439K |
| Total Liabilities | 26.5M | 21.4M | 43.24M | 23.99M | 24.08M | 29.18M | 33.64M | 43.25M | 34.02M | 107.46M |
| Total Debt | 700K | 300K | 40.25M | 3.61M | 2.31M | 22.14M | 24.53M | 27.42M | 26.51M | 23.28M |
| Net Debt | -49M | -17.4M | 38.68M | -7.84M | -11.21M | -104.73M | -119.22M | -16.59M | -8.24M | -1.95M |
| Debt / Equity | 0.02x | 0.02x | - | 0.32x | 0.18x | 0.18x | 0.13x | 0.25x | 0.46x | 0.40x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -84.00x | -15.28x | - | -8.12x | -6.61x | -16.10x | -49.16x | -87.81x | -57.60x | -22.33x |
| Total Equity | 46.2M | 18.7M | -38.72M | 11.24M | 12.95M | 123.4M | 187.53M | 110.6M | 57.8M | 58.92M |
| Equity Growth % | -0.34% | -0.6% | -3.07% | 1.29% | 0.15% | 8.53% | 0.52% | -0.41% | -0.48% | 0.02% |
| Book Value per Share | 1.32 | 0.53 | -0.88 | 0.18 | 0.06 | 0.25 | 0.38 | 0.23 | 0.12 | 0.12 |
| Total Shareholders' Equity | 46.2M | 18.7M | -38.72M | 11.24M | 12.95M | 123.4M | 187.53M | 110.6M | 57.8M | 58.92M |
| Common Stock | 3.9M | 3.9M | 0 | 714K | 5K | 11K | 13K | 13K | 15K | 23K |
| Retained Earnings | -134.3M | -163.8M | -79.98M | -97.99M | -116.66M | -148.88M | -219.35M | -327.11M | -409.57M | -476.52M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -366K | -350K |
| Accumulated OCI | 19M | 19M | 0 | 0 | 0 | 0 | -74K | -299K | -1K | 4K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jun 2016 | Jun 2017 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -14.1M | -30M | -10.04M | -14.55M | -13.09M | -23.75M | -59.83M | -94.78M | -70.45M | -44.76M |
| Operating CF Margin % | -1.52% | -3.37% | -1.72% | -3.5% | -1.33% | -5.87% | -67.08% | -885.79% | -9.55% | -1.56% |
| Operating CF Growth % | -0.47% | -1.13% | 0.67% | -0.45% | 0.1% | -0.81% | -1.52% | -0.58% | 0.26% | 0.36% |
| Net Income | -25.4M | -29.4M | -9.58M | -18.01M | -18.64M | -32.22M | -70.47M | -107.76M | -82.47M | -66.95M |
| Depreciation & Amortization | 100K | 100K | 380K | 3.2M | 3.6M | 2.71M | 4.21M | 5.8M | 8.62M | 8.85M |
| Stock-Based Compensation | 2M | 1.9M | 477K | 539K | 627K | 4.36M | 8.87M | 13.59M | 14.13M | 11.5M |
| Deferred Taxes | 0 | 0 | 0 | 1.72M | 1.37M | 0 | 3.09M | 4.09M | 0 | 0 |
| Other Non-Cash Items | 100K | -1.4M | -2.25M | -4.45M | -1.32M | -1.4M | -3.41M | -5.81M | 106K | -1.43M |
| Working Capital Changes | 9.1M | -1.2M | 935K | 2.45M | 1.28M | 2.81M | -2.12M | -4.7M | -10.85M | 3.26M |
| Change in Receivables | 11.9M | 100K | 960K | 13.5M | -1.82M | 3.29M | 263K | 51K | -2.99M | -2.75M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.11M | 0 | 0 |
| Change in Payables | -700K | -3.3M | 0 | -3.78M | -62K | 1.21M | 1.63M | 357K | -2.44M | 5.27M |
| Cash from Investing | 1.3M | -1.6M | 3.18M | 26.21M | -850K | -1.22M | -49.1M | -20.41M | 43.95M | -21.32M |
| Capital Expenditures | -200K | -530K | -117K | -707K | -850K | -1.22M | -5.16M | -9.6M | -1.87M | -554K |
| CapEx % of Revenue | 0.02% | 0.06% | 0.02% | 0.17% | 0.09% | 0.3% | 5.78% | 89.73% | 0.25% | 0.02% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -259K | -2.2M | 3.3M | 1.42M | 0 | 0 | 0 | -10.81M | 0 | -9.95M |
| Cash from Financing | 17.8M | -400K | 24K | -1.73M | 15.96M | 138.31M | 125.8M | 17.46M | 15.24M | 56.56M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - | - | - | - | - |
| Other Financing | 18.1M | 0 | 24K | 13K | 1.41M | 27.2M | 3.59M | 225K | 213K | -214K |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | -14.3M | -30.53M | -10.16M | -15.26M | -13.94M | -24.97M | -64.99M | -104.38M | -72.32M | -45.32M |
| FCF Margin % | -1.54% | -3.43% | -1.74% | -3.67% | -1.41% | -6.17% | -72.86% | -975.51% | -9.8% | -1.58% |
| FCF Growth % | -0.47% | -1.13% | 0.67% | -0.5% | 0.09% | -0.79% | -1.6% | -0.61% | 0.31% | 0.37% |
| FCF per Share | -0.41 | -0.87 | -0.23 | -0.24 | -0.06 | -0.05 | -0.13 | -0.21 | -0.15 | -0.09 |
| FCF Conversion (FCF/Net Income) | 0.56x | 1.02x | 0.81x | 0.81x | 0.70x | 0.74x | 0.85x | 0.88x | 0.85x | 0.67x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -43.91% | -90.6% | - | -160.23% | -154.15% | -47.26% | -45.33% | -72.29% | -97.94% | -114.71% |
| Return on Invested Capital (ROIC) | -164.35% | -1586.54% | -1087.71% | -974.15% | -461.37% | -221.73% | -125.45% | -105.89% | -87.08% | -93.33% |
| Gross Margin | 98.92% | -98.13% | -111.59% | -315.36% | 100% | -390.93% | -5365.13% | 100% | 39.02% | 100% |
| Net Margin | -273.12% | -330.34% | -213.39% | -432.96% | -189.06% | -796.34% | -7900.22% | -100708.41% | -1117.56% | -233.27% |
| Debt / Equity | 0.02x | 0.02x | - | 0.32x | 0.18x | 0.18x | 0.13x | 0.25x | 0.46x | 0.40x |
| Interest Coverage | -84.00x | -15.28x | - | -8.12x | -6.61x | -16.10x | -49.16x | -87.81x | -57.60x | -22.33x |
| FCF Conversion | 0.56x | 1.02x | 0.81x | 0.81x | 0.70x | 0.74x | 0.85x | 0.88x | 0.85x | 0.67x |
| Revenue Growth | -62.2% | -4.3% | -34.39% | -28.77% | 137.12% | -58.97% | -77.95% | -88% | 6796.26% | 288.94% |
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Government Contract | 1.34M | -20K | - | - | - | - | 65.4M |
| Government Contract Growth | - | -101.49% | - | - | - | - | - |
| Non Cash Royalty Revenue | 1.48M | - | - | - | 107K | 3.92M | 3.84M |
| Non Cash Royalty Revenue Growth | - | - | - | - | - | 3563.55% | -1.99% |
| Grant | - | - | - | - | - | 3.46M | - |
| Grant Growth | - | - | - | - | - | - | - |
| Customer Service Contracts | - | - | 198K | - | - | - | - |
| Customer Service Contracts Growth | - | - | - | - | - | - | - |
Vaxart, Inc. (VXRT) reported $148.2M in revenue for fiscal year 2024. This represents a 899% increase from $14.8M in 2011.
Vaxart, Inc. (VXRT) grew revenue by 288.9% over the past year. This is strong growth.
Vaxart, Inc. (VXRT) reported a net loss of $50.7M for fiscal year 2024.
Vaxart, Inc. (VXRT) has a return on equity (ROE) of -114.7%. Negative ROE indicates the company is unprofitable.
Vaxart, Inc. (VXRT) had negative free cash flow of $30.5M in fiscal year 2024, likely due to heavy capital investments.