Financial Snapshot

Revenue
$33.35M
TTM
Gross Margin
78.85%
TTM
Net Earnings
-$3.299M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
83.73%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$7.352M
Q3 2024
Cash
Q3 2024
P/E
-100.3
Nov 29, 2024 EST
Free Cash Flow
$1.507M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $31.32M $29.91M $24.50M $20.48M $10.77M $5.660M $2.739M $994.3K $338.9K $516.8K $1.558M $282.1K $140.0K $350.0K $450.0K
YoY Change 4.69% 22.08% 19.67% 90.11% 90.27% 106.63% 175.52% 193.41% -34.43% -66.83% 452.42% 101.47% -60.0% -22.22%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $31.32M $29.91M $24.50M $20.48M $10.77M $5.660M $2.739M $994.3K $338.9K $516.8K $1.558M $282.1K $140.0K $350.0K $450.0K
Cost Of Revenue $6.974M $7.219M $6.121M $5.961M $4.410M $2.627M $1.384M $1.226M $1.225M $1.198M $404.1K $265.3K $640.0K $430.0K $170.0K
Gross Profit $24.34M $22.69M $18.38M $14.51M $6.360M $3.034M $1.355M -$232.1K -$885.8K -$674.6K $1.154M $16.73K -$500.0K -$80.00K $290.0K
Gross Profit Margin 77.73% 75.87% 75.02% 70.89% 59.05% 53.59% 49.47% -23.34% -261.4% -130.54% 74.07% 5.93% -357.14% -22.86% 64.44%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Selling, General & Admin $22.84M $27.04M $28.59M $20.42M $13.54M $7.413M $5.693M $3.282M $5.518M $7.993M $3.545M $900.0K $810.0K $640.0K $110.0K
YoY Change -15.52% -5.43% 40.04% 50.79% 82.65% 30.22% 73.44% -40.52% -30.96% 125.5% 293.85% 11.11% 26.56% 481.82%
% of Gross Profit 93.84% 119.14% 155.54% 140.67% 212.89% 244.36% 420.03% 307.14% 5378.91% 37.93%
Research & Development $6.989M $6.085M $5.304M $1.230M $640.0K $194.4K $181.3K $343.7K $375.8K $610.3K $60.00K $0.00
YoY Change 14.86% 14.72% 331.22% 92.19% 229.17% 7.24% -47.25% -8.54% -38.42% 917.22%
% of Gross Profit 28.71% 26.81% 28.85% 8.47% 10.06% 6.41% 13.38% 5.2% 0.0%
Depreciation & Amortization $2.268M $86.00K $97.00K $86.00K $720.0K $33.39K $6.173K $0.00 $651.00 $3.196K $3.196K $3.883K $10.00K $10.00K $0.00
YoY Change 2537.21% -11.34% 12.79% -88.06% 2056.59% 440.84% -100.0% -79.63% 0.0% -17.69% -61.17% 0.0%
% of Gross Profit 9.32% 0.38% 0.53% 0.59% 11.32% 1.1% 0.46% 0.28% 23.21% 0.0%
Operating Expenses $29.89M $33.12M $33.90M $21.65M $14.17M $7.607M $5.874M $4.246M $6.428M $9.019M $3.961M $1.054M $810.0K $640.0K $110.0K
YoY Change -9.75% -2.28% 56.58% 52.77% 86.27% 29.51% 38.34% -33.94% -28.73% 127.73% 275.94% 30.06% 26.56% 481.82%
Operating Profit -$5.550M -$10.43M -$15.51M -$7.133M -$7.810M -$4.574M -$4.519M -$4.478M -$7.314M -$9.694M -$2.807M -$1.037M -$1.310M -$720.0K $180.0K
YoY Change -46.78% -32.77% 117.48% -8.67% 70.75% 1.22% 0.9% -38.77% -24.55% 245.41% 170.69% -20.86% 81.94% -500.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Interest Expense $93.00K -$4.000K -$12.00K -$145.0K $20.00K -$178.0K -$918.0K -$676.0K $4.280K $0.00 $56.61K -$130.0K -$280.0K -$110.0K -$220.0K
YoY Change -2425.0% -66.67% -91.72% -825.0% -111.24% -80.61% 35.8% -15894.32% -100.0% -143.54% -53.57% 154.55% -50.0%
% of Operating Profit -122.22%
Other Income/Expense, Net -$4.000K $1.304M -$25.00K $10.00K -$446.1K -$1.089M -$5.100M $104.8K -$56.79K -$129.5K
YoY Change -100.31% -5316.0% -350.0% -102.24% -59.05% -78.65% -4965.74% -284.59%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Pretax Income -$5.872M -$10.43M -$14.21M -$7.160M -$7.780M -$5.020M -$5.610M -$9.580M -$7.210M -$9.750M -$2.880M -$1.170M -$1.740M -$830.0K -$50.00K
YoY Change -43.72% -26.57% 98.45% -7.97% 54.98% -10.52% -41.44% 32.87% -26.05% 238.54% 146.15% -32.76% 109.64% 1560.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.872M -$10.43M -$14.21M -$7.158M -$7.780M -$5.020M -$5.608M -$9.579M -$7.209M -$9.751M -$2.883M -$1.166M -$1.740M -$830.0K -$50.00K
YoY Change -43.72% -26.57% 98.51% -7.99% 54.98% -10.48% -41.45% 32.87% -26.07% 238.26% 147.16% -32.97% 109.64% 1560.0%
Net Earnings / Revenue -18.75% -34.88% -57.99% -34.96% -72.24% -88.68% -204.71% -963.39% -2127.45% -1886.74% -185.0% -413.49% -1242.86% -237.14% -11.11%
Basic Earnings Per Share -$0.50 -$0.91 -$1.29 -$0.77
Diluted Earnings Per Share -$0.50 -$0.91 -$1.29 -$0.77 -$959.3K -$728.6K -$1.196M -$2.419M -$2.239M -$3.931M -$1.694M -$966.9K -$1.450M -$691.7K -$41.67K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Cash & Short-Term Investments $9.236M $6.904M $18.97M $9.100M $1.970M $5.740M $1.960M $1.410M $1.740M $1.740M $1.850M $40.00K $50.00K $20.00K $40.00K
YoY Change 33.78% -63.6% 108.42% 361.93% -65.68% 192.86% 39.01% -18.97% 0.0% -5.95% 4525.0% -20.0% 150.0% -50.0%
Cash & Equivalents
Short-Term Investments $0.00 $0.00 $0.00 $0.00 $50.00K $60.00K $0.00 $30.00K $20.00K $10.00K $30.00K
Other Short-Term Assets $712.0K $644.0K $554.0K $440.0K $520.0K $230.0K $70.00K $20.00K $40.00K $90.00K $0.00 $0.00
YoY Change 10.56% 16.25% 25.91% -15.38% 126.09% 228.57% 250.0% -50.0% -55.56%
Inventory
Prepaid Expenses
Receivables $4.828M $5.418M $5.311M $5.100M $3.120M $170.0K $110.0K $40.00K $20.00K $260.0K $570.0K $20.00K $10.00K $20.00K $70.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.190M $80.00K $10.00K $10.00K $0.00 $0.00
Total Short-Term Assets $14.78M $12.97M $24.83M $14.63M $5.610M $6.140M $2.130M $1.470M $1.800M $3.270M $2.500M $70.00K $70.00K $40.00K $110.0K
YoY Change 13.96% -47.78% 69.73% 160.78% -8.63% 188.26% 44.9% -18.33% -44.95% 30.8% 3471.43% 0.0% 75.0% -63.64%
Property, Plant & Equipment $829.0K $1.315M $1.030M $710.0K $980.0K $110.0K $30.00K $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K $10.00K
YoY Change -36.96% 27.67% 45.07% -27.55% 790.91% 266.67% -100.0% 0.0% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $106.0K $105.0K $129.0K $80.00K $140.0K $90.00K
YoY Change 0.95% -18.6% 61.25% -42.86% 55.56%
Total Long-Term Assets $10.72M $11.46M $4.482M $3.620M $3.540M $2.960M $2.900M $3.020M $3.550M $3.800M $3.780M $4.130M $10.00K $70.00K $30.00K
YoY Change -6.48% 155.73% 23.81% 2.26% 19.59% 2.07% -3.97% -14.93% -6.58% 0.53% -8.47% 41200.0% -85.71% 133.33%
Total Assets $25.50M $24.43M $29.31M $18.25M $9.150M $9.100M $5.030M $4.490M $5.350M $7.070M $6.280M $4.200M $80.00K $110.0K $140.0K
YoY Change
Accounts Payable $2.339M $2.452M $3.542M $2.190M $970.0K $90.00K $80.00K $250.0K $210.0K $780.0K $420.0K $500.0K $370.0K $500.0K $60.00K
YoY Change -4.61% -30.77% 61.74% 125.77% 977.78% 12.5% -68.0% 19.05% -73.08% 85.71% -16.0% 35.14% -26.0% 733.33%
Accrued Expenses $312.0K $468.0K $415.0K $230.0K $210.0K
YoY Change -33.33% 12.77% 80.43% 9.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $220.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $40.00K $0.00 $0.00 $70.00K $280.0K
YoY Change -100.0% -100.0% -100.0% -75.0%
Long-Term Debt Due $7.000K $38.00K $57.00K $50.00K $50.00K $30.00K $0.00 $20.00K $20.00K $20.00K $170.0K $1.470M $20.00K
YoY Change -81.58% -33.33% 14.0% 0.0% 66.67% -100.0% 0.0% 0.0% -88.24% -88.44% 7250.0%
Total Short-Term Liabilities $11.53M $11.06M $11.22M $9.020M $6.730M $2.770M $4.330M $4.170M $890.0K $1.160M $870.0K $2.850M $800.0K $580.0K $350.0K
YoY Change 4.22% -1.37% 24.35% 34.03% 142.96% -36.03% 3.84% 368.54% -23.28% 33.33% -69.47% 256.25% 37.93% 65.71%
Long-Term Debt $6.727M $1.959M $45.00K $1.100M $50.00K $50.00K $0.00 $0.00 $1.920M $50.00K $80.00K $110.0K $1.370M $0.00 $0.00
YoY Change 243.39% 4253.33% -95.91% 2100.0% 0.0% -100.0% 3740.0% -37.5% -27.27% -91.97%
Other Long-Term Liabilities $532.0K $818.0K $455.0K $510.0K $810.0K $410.0K $10.00K $10.00K
YoY Change -34.96% 79.78% -10.78% -37.04% 97.56% 4000.0% 0.0%
Total Long-Term Liabilities $7.259M $2.777M $500.0K $1.610M $860.0K $460.0K $10.00K $10.00K $1.920M $50.00K $80.00K $110.0K $1.370M $0.00 $0.00
YoY Change 161.4% 455.4% -68.94% 87.21% 86.96% 4500.0% 0.0% -99.48% 3740.0% -37.5% -27.27% -91.97%
Total Liabilities $18.79M $13.84M $11.72M $10.62M $7.590M $3.230M $4.340M $4.180M $2.810M $1.210M $950.0K $2.960M $2.160M $560.0K $350.0K
YoY Change 35.76% 18.12% 10.32% 39.92% 134.98% -25.58% 3.83% 48.75% 132.23% 27.37% -67.91% 37.04% 285.71% 60.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Basic Shares Outstanding 11.77M 11.48M 11.04M 9.313M
Diluted Shares Outstanding 11.77M 11.48M 11.04M 9.313M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $330.76 Million

About AUDIOEYE INC

AudioEye, Inc. engages in the provision of digital accessibility technology solutions. The company is headquartered in Tucson, Arizona and currently employs 114 full-time employees. The company went IPO on 2013-04-15. The firm operates in one segment as a provider of Internet content publication and distribution software and related services and enables the conversion of digital content into accessible formats and allows for real-time distribution to end users on any Internet-connected device. Its solutions are backed by machine-learning/artificial intelligence-driven technology that finds and fixes common accessibility errors. Its technology addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and more. Its offerings include an always-on testing, remediation, and monitoring solution. The firm offers additional solutions, such as periodic auditing, human assisted technological remediations and legal support services. The company also offers remediation services and Native Mobile App and Audit reports to help its customers.

Industry: Services-Prepackaged Software Peers: Bit Digital, Inc Inuvo, Inc. ISSUER DIRECT CORP Kaleyra, Inc. Greenidge Generation Holdings Inc. VirnetX Holding Corp Quantum Computing Inc. Salesforce, Inc. SRAX, Inc.