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MRSN Quote, Financials, Valuation and Earnings

Last price:
$0.31
Seasonality move :
-7.32%
Day range:
$0.30 - $0.37
52-week range:
$0.26 - $2.83
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.95x
P/B ratio:
57.95x
Volume:
4.2M
Avg. volume:
2.4M
1-year change:
-87.76%
Market cap:
$39.2M
Revenue:
$40.5M
EPS (TTM):
-$0.56
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $828K $43K $26.6M $36.9M $40.5M
Revenue Growth (YoY) -98.03% -94.81% 61716.28% 38.65% 9.88%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $67M $132M $173.4M $148.3M $73M
Selling, General & Admin $21.9M $36.9M $57M $59.5M $40.8M
Other Inc / (Exp) -- -- -- -$8.7M --
Operating Expenses $88.9M $168.9M $230.3M $207.8M $113.8M
Operating Income -$88.1M -$168.9M -$203.8M -$171M -$73.3M
 
Net Interest Expenses -- $1.2M $445K -- --
EBT. Incl. Unusual Items -$88M -$170.1M -$204.2M -$171.7M -$68.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $418K
Net Income to Company -$88M -$170.1M -$204.2M -$171.7M -$69.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$88M -$170.1M -$204.2M -$171.7M -$69.2M
 
Basic EPS (Cont. Ops) -$1.43 -$2.41 -$2.18 -$1.48 -$0.56
Diluted EPS (Cont. Ops) -$1.43 -$2.41 -$2.18 -$1.48 -$0.56
Weighted Average Basic Share $61.5M $70.6M $93.7M $116.1M $122.5M
Weighted Average Diluted Share $61.5M $70.6M $93.7M $116.1M $122.5M
 
EBITDA -$86.7M -$167.9M -$200M -$166.1M -$63.3M
EBIT -$87.7M -$168.8M -$200.9M -$167.6M -$64.9M
 
Revenue (Reported) $828K $43K $26.6M $36.9M $40.5M
Operating Income (Reported) -$88.1M -$168.9M -$203.8M -$171M -$73.3M
Operating Income (Adjusted) -$87.7M -$168.8M -$200.9M -$167.6M -$64.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $11K $11K $14.7M $10.7M $16.4M
Revenue Growth (YoY) -73.81% -- 133427.27% -27.15% 52.89%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $22.9M $37.4M $45.7M $21.5M $22.3M
Selling, General & Admin $5.9M $10.7M $14.8M $10.1M $8.9M
Other Inc / (Exp) -- -- -- -$499K --
Operating Expenses $28.8M $48M $60.5M $31.6M $31.2M
Operating Income -$28.8M -$48M -$45.8M -$20.9M -$14.8M
 
Net Interest Expenses $82K $952K -- -- --
EBT. Incl. Unusual Items -$28.8M -$49M -$44.9M -$19.5M -$14.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$28.8M -$49M -$44.9M -$19.5M -$14.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$28.8M -$49M -$44.9M -$19.5M -$14.1M
 
Basic EPS (Cont. Ops) -$0.43 -$0.68 -$0.44 -$0.16 -$0.11
Diluted EPS (Cont. Ops) -$0.43 -$0.68 -$0.44 -$0.16 -$0.11
Weighted Average Basic Share $68.7M $71.9M $101.1M $120.7M $123.6M
Weighted Average Diluted Share $68.7M $71.9M $101.1M $120.7M $123.6M
 
EBITDA -$28.5M -$47.8M -$43.7M -$18M -$12.8M
EBIT -$28.8M -$48M -$44M -$18.5M -$13.2M
 
Revenue (Reported) $11K $11K $14.7M $10.7M $16.4M
Operating Income (Reported) -$28.8M -$48M -$45.8M -$20.9M -$14.8M
Operating Income (Adjusted) -$28.8M -$48M -$44M -$18.5M -$13.2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $829K $44K $26.6M $36.9M $40.5M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $67M $132M $173.4M $148.3M $73M
Selling, General & Admin $21.9M $36.9M $57M $59.5M $40.8M
Other Inc / (Exp) -- -- -- -$8.7M --
Operating Expenses $88.9M $168.9M $230.3M $207.8M $113.8M
Operating Income -$88.1M -$168.9M -$203.8M -$171M -$73.3M
 
Net Interest Expenses -- $1.2M $445K -- --
EBT. Incl. Unusual Items -$88M -$170.1M -$204.2M -$171.7M -$68.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$88M -$170.1M -$204.2M -$171.7M -$69.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$88M -$170.1M -$204.2M -$171.7M -$69.2M
 
Basic EPS (Cont. Ops) -$1.44 -$2.40 -$2.19 -$1.50 -$0.56
Diluted EPS (Cont. Ops) -$1.44 -$2.40 -$2.19 -$1.50 -$0.56
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$86.7M -$167.9M -$200M -$166.1M -$63.3M
EBIT -$87.7M -$168.8M -$200.9M -$167.6M -$64.9M
 
Revenue (Reported) $829K $44K $26.6M $36.9M $40.5M
Operating Income (Reported) -$88.1M -$168.9M -$203.8M -$171M -$73.3M
Operating Income (Adjusted) -$87.7M -$168.8M -$200.9M -$167.6M -$64.9M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $44K $26.6M $36.9M $40.5M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $132M $173.4M $148.3M $73M --
Selling, General & Admin $36.9M $57M $59.5M $40.8M --
Other Inc / (Exp) -- -- -$8.7M -- --
Operating Expenses $168.9M $230.3M $207.8M $113.8M --
Operating Income -$168.9M -$203.8M -$171M -$73.3M --
 
Net Interest Expenses $1.2M $1.3M -- -- --
EBT. Incl. Unusual Items -$170.1M -$204.2M -$171.7M -$68.8M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $418K --
Net Income to Company -$170.1M -$204.2M -$171.7M -$69.2M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$170.1M -$204.2M -$171.7M -$69.2M --
 
Basic EPS (Cont. Ops) -$2.40 -$2.19 -$1.50 -$0.56 --
Diluted EPS (Cont. Ops) -$2.40 -$2.19 -$1.50 -$0.56 --
Weighted Average Basic Share $282.3M $374.4M $464.3M $490.2M --
Weighted Average Diluted Share $282.3M $374.4M $464.3M $490.2M --
 
EBITDA -$167.9M -$200M -$166.1M -$63.3M --
EBIT -$168.8M -$200.9M -$167.6M -$64.9M --
 
Revenue (Reported) $44K $26.6M $36.9M $40.5M --
Operating Income (Reported) -$168.9M -$203.8M -$171M -$73.3M --
Operating Income (Adjusted) -$168.8M -$200.9M -$167.6M -$64.9M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $255.1M $177.9M $128.9M $174.6M $107.8M
Short Term Investments -- -- $151.8M $34.5M $26.9M
Accounts Receivable, Net -- -- $30M -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $3.5M $11M $8.5M $5M $2.3M
Total Current Assets $258.6M $188.9M $319.2M $214.1M $136.9M
 
Property Plant And Equipment $12.7M $14.9M $14.5M $11.5M $6.8M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.2M $2.4M $661K $478K $978K
Total Assets $273.4M $206.1M $334.3M $226.1M $144.7M
 
Accounts Payable $8.3M $12.3M $14M $7.3M $4.3M
Accrued Expenses $16.1M $28.7M $43.2M $21.9M $19M
Current Portion Of Long-Term Debt -- -- -- $2.1M $12.5M
Current Portion Of Capital Lease Obligations $1.4M $2.3M $2.8M $3.3M $3.9M
Other Current Liabilities $93K $239K $990K $938K $640K
Total Current Liabilities $30M $47.5M $91.5M $63.6M $62.5M
 
Long-Term Debt $5M $24.6M $24.9M $23.1M $11M
Capital Leases -- -- -- -- --
Total Liabilities $45.3M $84.4M $242.3M $189.2M $154.2M
 
Common Stock $7K $7K $11K $12K $12K
Other Common Equity Adj -- -- -$152K $11K $10K
Common Equity $228.1M $121.7M $92.1M $36.9M -$9.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $228.1M $121.7M $92.1M $36.9M -$9.5M
 
Total Liabilities and Equity $273.4M $206.1M $334.3M $226.1M $144.7M
Cash and Short Terms $255.1M $177.9M $280.7M $209.1M $134.6M
Total Debt $5M $24.6M $24.9M $25.2M $23.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $255.1M $177.9M $128.9M $174.6M $107.8M
Short Term Investments -- -- $151.8M $34.5M $26.9M
Accounts Receivable, Net -- -- $30M -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $3.5M $11M $8.5M $5M $2.3M
Total Current Assets $258.6M $188.9M $319.2M $214.1M $136.9M
 
Property Plant And Equipment $12.7M $14.9M $14.5M $11.5M $6.8M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.2M $2.4M $661K $478K $978K
Total Assets $273.4M $206.1M $334.3M $226.1M $144.7M
 
Accounts Payable $8.3M $12.3M $14M $7.3M $4.3M
Accrued Expenses $16.1M $28.7M $43.2M $21.9M $19M
Current Portion Of Long-Term Debt -- -- -- $2.1M $12.5M
Current Portion Of Capital Lease Obligations $1.4M $2.3M $2.8M $3.3M $3.9M
Other Current Liabilities $93K $239K $990K $938K $640K
Total Current Liabilities $30M $47.5M $91.5M $63.6M $62.5M
 
Long-Term Debt $5M $24.6M $24.9M $23.1M $11M
Capital Leases -- -- -- -- --
Total Liabilities $45.3M $84.4M $242.3M $189.2M $154.2M
 
Common Stock $7K $7K $11K $12K $12K
Other Common Equity Adj -- -- -$152K $11K $10K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $228.1M $121.7M $92.1M $36.9M -$9.5M
 
Total Liabilities and Equity $273.4M $206.1M $334.3M $226.1M $144.7M
Cash and Short Terms $255.1M $177.9M $280.7M $209.1M $134.6M
Total Debt $5M $24.6M $24.9M $25.2M $23.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$88M -$170.1M -$204.2M -$171.7M -$69.2M
Depreciation & Amoritzation $1M $855K $927K $1.5M $1.6M
Stock-Based Compensation $7.2M $18.4M $21.5M $21.1M $16.5M
Change in Accounts Receivable -- -- -$30M $30M --
Change in Inventories -- -- -- -- --
Cash From Operations -$74.7M -$140M -$49.4M -$168.9M -$82.3M
 
Capital Expenditures $473K $648K $2.2M $2.2M $132K
Cash Acquisitions -- -- -- -- --
Cash From Investing $37M -$648K -$152.7M $119.9M $11.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $24M -- -- --
Long-Term Debt Repaid -$313K -$5.7M -$272K -$412K -$2.2M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$259K -- -- --
Cash From Financing $230.4M $63.6M $153M $94.7M $4.1M
 
Beginning Cash (CF) $62.7M $255.4M $178.4M $129.4M $175M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $192.7M -$77M -$49.1M $45.7M -$66.8M
Ending Cash (CF) $255.4M $178.4M $129.4M $175M $108.2M
 
Levered Free Cash Flow -$75.2M -$140.6M -$51.6M -$171.1M -$82.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$28.8M -$49M -$44.9M -$19.5M -$14.1M
Depreciation & Amoritzation $260K $211K $282K $447K $400K
Stock-Based Compensation $2M $4.9M $5.3M $4.1M $3.3M
Change in Accounts Receivable -- -- -$30M -- $1M
Change in Inventories -- -- -- -- --
Cash From Operations -$17.3M -$42.4M -$51.2M -$32M -$19.3M
 
Capital Expenditures $188K $155K $785K $386K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$188K -$155K -$45.4M $20.1M $50M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$29K -$5.6M -$65K -$216K -$2.1M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- $150K --
Cash From Financing $1.7M $28.8M $41.5M $92K -$1.9M
 
Beginning Cash (CF) $271.3M $192.2M $184.6M $186.8M $79.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$15.8M -$13.8M -$55.2M -$11.7M $28.9M
Ending Cash (CF) $255.4M $178.4M $129.4M $175M $108.2M
 
Levered Free Cash Flow -$17.5M -$42.6M -$52M -$32.3M -$19.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$88M -$170.1M -$204.2M -$171.7M -$69.2M
Depreciation & Amoritzation $1M $855K $927K $1.5M $1.6M
Stock-Based Compensation $7.2M $18.4M $21.5M $21.1M $16.5M
Change in Accounts Receivable -- -- -$30M $30M --
Change in Inventories -- -- -- -- --
Cash From Operations -$74.7M -$140M -$49.4M -$168.9M -$82.3M
 
Capital Expenditures $473K $648K $2.2M $2.2M $132K
Cash Acquisitions -- -- -- -- --
Cash From Investing $37M -$648K -$152.7M $119.9M $11.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$313K -$5.7M -$272K -$412K -$2.2M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$259K -- -- --
Cash From Financing $230.4M $63.6M $153M $94.7M $4.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $192.7M -$77M -$49.1M $45.7M -$66.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$75.2M -$140.6M -$51.6M -$171.1M -$82.5M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders -$170.1M -$204.2M -$171.7M -$69.2M --
Depreciation & Amoritzation $855K $927K $1.5M $1.6M --
Stock-Based Compensation $18.4M $21.5M $21.1M $16.5M --
Change in Accounts Receivable -- -$30M $30M -$0 --
Change in Inventories -- -- -- -- --
Cash From Operations -$140M -$49.4M -$168.9M -$82.3M --
 
Capital Expenditures $648K $2.2M $2.2M $132K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$648K -$152.7M $119.9M $11.4M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$5.7M -$272K -$412K -$2.2M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$259K -- -- -- --
Cash From Financing $63.6M $153M $94.7M $4.1M --
 
Beginning Cash (CF) $904.2M $729.3M $568.6M $389.5M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$77M -$49.1M $45.7M -$66.8M --
Ending Cash (CF) $827.2M $680.3M $614.3M $322.7M --
 
Levered Free Cash Flow -$140.6M -$51.6M -$171.1M -$82.5M --

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