Financial Snapshot

Revenue
$114.8K
TTM
Gross Margin
Net Earnings
-$4.421M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
296.18%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$843.0K
Q3 2024
Book Value
$2.393M
Q3 2024
Cash
Q3 2024
P/E
-1.996
Dec 04, 2024 EST
Free Cash Flow
-$3.102M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $166.9K $845.0K $697.0K $674.6K $60.00K $10.00K $0.00
YoY Change -80.25% 21.23% 3.32% 1024.3% 500.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $166.9K $845.0K $697.0K $674.6K $60.00K $10.00K $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

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 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $3.672M $3.546M $6.694M $8.649M $4.140M $3.990M $450.0K
YoY Change 3.56% -47.02% -22.61% 108.9% 3.76% 786.67%
% of Gross Profit
Research & Development $1.524M $3.060M $40.00K
YoY Change -50.21%
% of Gross Profit
Depreciation & Amortization $533.7K $682.5K $875.6K $751.5K $0.00 $160.0K $0.00
YoY Change -21.81% -22.06% 16.51% -100.0%
% of Gross Profit
Operating Expenses $4.747M $5.070M $9.754M $8.649M $4.140M $3.990M $490.0K
YoY Change -6.37% -48.02% 12.78% 108.9% 3.76% 714.29%
Operating Profit -$4.580M -$4.225M -$9.057M
YoY Change 8.41% -53.35%

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 2024 2023 2022 2021 2020 2019 2018
Interest Expense $176.5K $70.00K -$3.410K -$3.612M -$90.00K $30.00K $0.00
YoY Change 152.1% -2152.79% -99.91% 3913.64% -400.0%
% of Operating Profit
Other Income/Expense, Net $176.5K $71.21K
YoY Change 147.83%

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 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$4.403M -$4.150M -$9.060M -$11.59M -$4.170M -$3.940M -$490.0K
YoY Change 6.1% -54.19% -21.8% 177.85% 5.84% 704.08%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$4.403M -$4.153M -$9.060M -$11.59M -$4.170M -$3.940M -$490.0K
YoY Change 6.02% -54.16% -21.8% 177.85% 5.84% 704.08%
Net Earnings / Revenue -2638.52% -491.51% -1299.84% -1717.56% -6950.0% -39400.0%
Basic Earnings Per Share -$1.73 -$1.68 -$0.39 -$0.59
Diluted Earnings Per Share -$1.73 -$1.68 -$0.39 -$594.2K -$204.2K -$192.9K -$24.00K

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 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $2.071M $5.360M $7.155M $10.71M $4.090M $1.010M $4.270M
YoY Change -61.36% -25.09% -33.21% 161.93% 304.95% -76.35%
Cash & Equivalents $2.071M $5.360M $7.155M $10.71M $4.090M $1.010M $4.270M
Short-Term Investments
Other Short-Term Assets $503.5K $110.0K $560.1K $299.4K $230.0K $100.0K $50.00K
YoY Change 357.72% -80.36% 87.07% 30.17% 130.0% 100.0%
Inventory
Prepaid Expenses
Receivables $30.06K $20.00K $14.55K $51.12K $60.00K $0.00 $10.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.605M $5.480M $7.730M $11.06M $4.380M $1.110M $4.330M
YoY Change -52.47% -29.11% -30.13% 152.59% 294.59% -74.36%
Property, Plant & Equipment $64.78K $90.00K $87.19K $100.6K $50.00K $90.00K $100.0K
YoY Change -28.02% 3.22% -13.32% 101.18% -44.44% -10.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00K
YoY Change
Total Long-Term Assets $709.6K $870.0K $1.154M $1.413M $1.320M $1.070M $200.0K
YoY Change -18.44% -24.6% -18.35% 7.06% 23.36% 435.0%
Total Assets $3.314M $6.350M $8.884M $12.48M $5.700M $2.180M $4.530M
YoY Change
Accounts Payable $48.91K $70.00K $122.3K $139.8K $110.0K $210.0K $10.00K
YoY Change -30.13% -42.76% -12.49% 27.05% -47.62% 2000.0%
Accrued Expenses $749.6K $140.0K $283.2K $268.8K $190.0K $120.0K $250.0K
YoY Change 435.4% -50.56% 5.34% 41.47% 58.33% -52.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $2.030M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $798.5K $270.0K $748.1K $741.7K $2.700M $330.0K $250.0K
YoY Change 195.73% -63.91% 0.86% -72.53% 718.18% 32.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $798.5K $270.0K $748.1K $741.7K $2.700M $330.0K $250.0K
YoY Change 195.73% -63.91% 0.86% -72.53% 718.18% 32.0%

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 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 2.542M shares 2.470M shares 23.27M shares 19.50M shares
Diluted Shares Outstanding 23.27M shares 19.50M shares
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: $8.8241 Million

About Amesite Inc.

Amesite, Inc. engages in the provision of customization and scalable online products for schools and businesses. The company is headquartered in Ann Arbor, Michigan and currently employs 9 full-time employees. The company went IPO on 2020-09-25. The firm is specialized in the development and marketing of business-to-consumer (B2C) and business-to-business (B2B) artificial intelligence (AI)-driven solutions, including its higher ed platform that offers professional learning. The company has products in two sectors: Higher Education and Healthcare. The company offers cutting-edge applications that cater to both individual and professional needs. The Company’s NurseMagic is a mobile app for healthcare professionals, streamlines creation of nursing notes and documentation tasks, enhances patient communication, and offers personalized guidance to nurses on patient care, medications, and handling challenging workplace situations. NurseMagic is designed for use across various healthcare modalities, such as skilled nursing, assisted living, memory care, home health, and rehabilitation centers.

Industry: Services-Prepackaged Software Peers: AMERICAN PUBLIC EDUCATION INC ASPEN GROUP, INC. Driveitaway Holdings, Inc. Zovio Inc Duolingo, Inc. EpicQuest Education Group International Ltd Legacy Education Alliance, Inc. LINCOLN EDUCATIONAL SERVICES CORP