Financial Snapshot

Revenue
$21.66M
TTM
Gross Margin
18.41%
TTM
Net Earnings
-$11.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
408.59%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$3.549M
Q3 2024
Book Value
$40.71M
Q3 2024
Cash
Q3 2024
P/E
-3.062
Nov 29, 2024 EST
Free Cash Flow
-$4.959M
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 2008 2007 2006
Revenue $21.91M $6.077M $3.720M $4.850M $5.579M $9.030M $12.60M $76.39M $76.17M $13.47M $0.00 $410.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 260.47% 63.36% -23.3% -13.07% -38.22% -28.33% -83.51% 0.29% 465.48% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $21.91M $6.077M $3.720M $4.850M $5.579M $9.030M $12.60M $76.39M $76.17M $13.47M $0.00 $410.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $15.94M $3.417M $2.022M $2.600M $3.725M $7.351M $3.697M $3.620M $53.55M $8.130M $0.00 $360.0K
Gross Profit $5.962M $2.660M $1.698M $2.250M $1.854M $1.679M $3.145M $22.34M $22.62M $5.340M $0.00 $50.00K
Gross Profit Margin 27.22% 43.77% 45.65% 46.39% 33.23% 18.59% 24.96% 29.24% 29.7% 39.64% 12.2%

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 2008 2007 2006
Selling, General & Admin $16.77M $25.14M $19.39M $6.730M $5.756M $10.87M $13.06M $42.97M $46.84M $16.72M $3.270M $2.320M $100.0K $90.00K $10.00K $30.00K $0.00 $0.00
YoY Change -33.29% 29.67% 188.11% 16.92% -47.07% -16.71% -69.62% -8.26% 180.14% 411.31% 40.95% 2220.0% 11.11% 800.0% -66.67%
% of Gross Profit 281.33% 945.23% 1141.93% 299.11% 310.46% 647.65% 415.1% 192.36% 207.07% 313.11% 4640.0%
Research & Development $1.026M $605.0K $971.0K $1.200M $2.052M $3.425M $5.867M $8.794M $9.920M $660.0K $30.00K
YoY Change 69.59% -37.69% -19.08% -41.52% -40.09% -41.62% -33.28% -11.35% 1403.03% 2100.0%
% of Gross Profit 17.21% 22.74% 57.18% 53.33% 110.68% 203.99% 186.55% 39.37% 43.85% 12.36%
Depreciation & Amortization $6.190M $28.26M $5.685M $970.0K $1.030M $3.857M $6.087M $6.187M $7.450M $3.450M $220.0K $180.0K
YoY Change -78.1% 397.15% 486.08% -5.83% -73.3% -36.64% -1.62% -16.95% 115.94% 1468.18% 22.22%
% of Gross Profit 103.82% 1062.52% 334.81% 43.11% 55.56% 229.72% 193.55% 27.7% 32.94% 64.61% 360.0%
Operating Expenses $51.91M $163.7M $20.36M $7.920M $7.878M $14.30M $21.22M $86.16M $56.75M $17.38M $3.300M $2.490M $100.0K $90.00K $10.00K $30.00K $0.00 $0.00
YoY Change -68.3% 704.23% 157.08% 0.53% -44.91% -32.6% -75.38% 51.83% 226.52% 426.67% 32.53% 2390.0% 11.11% 800.0% -66.67%
Operating Profit -$30.00M -$157.7M -$18.66M -$5.670M -$6.024M -$12.62M -$18.07M -$63.82M -$34.13M -$12.04M -$3.300M -$2.440M
YoY Change -80.97% 744.84% 229.15% -5.88% -52.27% -30.16% -71.69% 87.0% 183.47% 264.85% 35.25%

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 2008 2007 2006
Interest Expense -$1.183M $0.00 -$516.0K -$730.0K $22.00K $0.00 $3.391M $1.981M -$3.070M -$450.0K $0.00 -$20.00K $0.00 $0.00 $0.00
YoY Change -100.0% -29.32% -3418.18% -100.0% 71.18% -164.53% 582.22% -100.0%
% of Operating Profit
Other Income/Expense, Net $1.062M $2.600M $2.695M $920.0K $2.096M $10.00K $1.799M $1.276M -$690.0K -$190.0K -$40.00K
YoY Change -59.15% -3.53% 192.93% -56.11% 20860.0% -99.44% 40.99% -284.93% 263.16% 375.0%

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 2008 2007 2006
Pretax Income -$22.96M -$190.2M -$17.30M -$5.780M -$1.815M -$12.69M -$16.27M -$67.64M -$48.59M -$12.68M -$3.340M -$2.460M -$90.00K -$80.00K $0.00 -$20.00K $0.00 $0.00
YoY Change -87.93% 999.45% 199.38% 218.46% -85.69% -22.04% -75.94% 39.2% 283.2% 279.64% 35.77% 2633.33% 12.5% -100.0%
Income Tax $13.00K $166.0K -$15.00K $0.00 $0.00 $0.00 -$852.0K $825.0K -$1.370M $40.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$23.30M -$192.8M -$17.29M -$5.780M -$4.281M -$26.21M -$26.18M -$68.46M -$47.23M -$12.72M -$3.340M -$2.460M -$90.00K -$80.00K $0.00 -$20.00K $0.00 $0.00
YoY Change -87.92% 1015.17% 199.12% 35.02% -83.67% 0.09% -61.75% 44.95% 271.31% 280.84% 35.77% 2633.33% 12.5% -100.0%
Net Earnings / Revenue -106.36% -3172.63% -464.76% -119.18% -76.73% -290.23% -207.83% -89.62% -62.01% -94.43% -600.0%
Basic Earnings Per Share -$1.93 -$2.91 -$0.58
Diluted Earnings Per Share -$1.93 -$2.91 -$560.2K -$983.0K -$1.591M -$15.79M -$42.23M -$273.8M -$248.6M -$106.0M -$37.11M -$41.00M -$24.84M -$42.05M $0.00 -$11.45M -$3.180M -$3.180M

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 2008 2007 2006
Cash & Short-Term Investments $586.0K $1.337M $54.36M $500.0K $100.0K $300.0K $600.0K $6.600M $8.700M $4.300M $5.200M $1.700M $200.0K $400.0K $100.0K $100.0K $100.0K $100.0K
YoY Change -56.17% -97.54% 10771.0% 400.0% -66.67% -50.0% -90.91% -24.14% 102.33% -17.31% 205.88% 750.0% -50.0% 300.0% 0.0% 0.0% 0.0%
Cash & Equivalents $586.0K $1.337M $54.36M $500.0K $100.0K $300.0K $600.0K $5.100M $8.700M $4.300M $5.200M $1.600M $200.0K $300.0K $0.00 $0.00 $0.00 $0.00
Short-Term Investments $1.500M $0.00 $100.0K $100.0K $0.00 $100.0K $100.0K
Other Short-Term Assets $12.92M $4.952M $22.03M $800.0K $700.0K $800.0K $72.40M $2.100M $3.200M $2.500M $1.100M $100.0K
YoY Change 160.99% -77.52% 2653.37% 14.29% -12.5% -98.9% 3347.62% -34.38% 28.0% 127.27% 1000.0%
Inventory $0.00 $600.0K $800.0K $1.200M $1.400M $10.00M $11.30M $9.900M $100.0K
Prepaid Expenses
Receivables $0.00 $174.0K $181.0K $300.0K $400.0K $1.100M $1.900M $11.60M $13.40M $15.50M $0.00 $100.0K
Other Receivables $0.00 $3.821M $1.859M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
Total Short-Term Assets $13.51M $10.28M $78.42M $2.100M $1.900M $3.500M $76.40M $30.30M $36.50M $32.10M $6.400M $2.000M $200.0K $400.0K $100.0K $100.0K $100.0K $100.0K
YoY Change 31.37% -86.89% 3634.38% 10.53% -45.71% -95.42% 152.15% -16.99% 13.71% 401.56% 220.0% 900.0% -50.0% 300.0% 0.0% 0.0% 0.0%
Property, Plant & Equipment $24.17M $34.26M $0.00 $0.00 $0.00 $0.00 $3.100M $4.000M $4.400M $300.0K $400.0K
YoY Change -29.46% -100.0% -22.5% -9.09% 1366.67% -25.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $19.95M $2.100M $2.100M $2.100M $0.00 $100.0K $100.0K $100.0K
YoY Change -100.0% 849.95% 0.0% 0.0% 0.0% 0.0%
Other Assets $3.406M $29.00M $102.5M $400.0K $700.0K $1.000M $300.0K $400.0K $400.0K $600.0K $0.00 $0.00 $0.00
YoY Change -88.25% -71.72% 25537.0% -42.86% -30.0% 233.33% -25.0% 0.0% -33.33%
Total Long-Term Assets $32.15M $72.73M $197.5M $9.700M $6.500M $7.800M $6.900M $62.30M $102.6M $117.2M $2.000M $1.200M $100.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -55.79% -63.17% 1936.1% 49.23% -16.67% 13.04% -88.92% -39.28% -12.46% 5760.0% 66.67% 1100.0%
Total Assets $45.66M $83.02M $275.9M $11.80M $8.400M $11.30M $83.30M $92.60M $139.1M $149.3M $8.400M $3.200M $300.0K $400.0K $100.0K $100.0K $100.0K $100.0K
YoY Change
Accounts Payable $2.374M $2.993M $1.252M $2.000M $4.100M $4.600M $3.100M $10.60M $10.90M $9.700M $100.0K $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -20.68% 139.06% -37.4% -51.22% -10.87% 48.39% -70.75% -2.75% 12.37% 9600.0% -66.67%
Accrued Expenses $2.661M $2.233M $3.449M $1.300M $800.0K $3.400M $2.600M $5.800M $7.000M $11.10M $300.0K
YoY Change 19.17% -35.26% 165.31% 62.5% -76.47% 30.77% -55.17% -17.14% -36.94% 3600.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $1.800M $500.0K $600.0K $0.00 $19.60M $17.40M $4.900M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 260.0% -16.67% -100.0% 12.64% 255.1%
Long-Term Debt Due $0.00 $1.100M
YoY Change -100.0%
Total Short-Term Liabilities $5.346M $6.200M $5.208M $5.800M $6.600M $9.600M $70.60M $42.90M $46.40M $37.10M $900.0K $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -13.77% 19.05% -10.21% -12.12% -31.25% -86.4% 64.57% -7.54% 25.07% 4022.22% 200.0%
Long-Term Debt $0.00 $0.00 $0.00 $700.0K $0.00 $6.600M $0.00 $24.40M $19.50M $19.50M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0% 25.13% 0.0%
Other Long-Term Liabilities $0.00 $5.784M $1.090M $300.0K $500.0K $700.0K $2.200M $1.800M $2.300M $3.200M $0.00
YoY Change -100.0% 430.64% 263.33% -40.0% -28.57% -68.18% 22.22% -21.74% -28.13%
Total Long-Term Liabilities $0.00 $5.784M $1.090M $1.000M $500.0K $7.300M $2.200M $26.20M $21.80M $22.70M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 430.64% 9.0% 100.0% -93.15% 231.82% -91.6% 20.18% -3.96%
Total Liabilities $5.346M $21.68M $6.298M $6.800M $7.200M $16.90M $72.80M $72.10M $71.00M $64.10M $900.0K $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -75.34% 244.17% -7.38% -5.56% -57.4% -76.79% 0.97% 1.55% 10.76% 7022.22% 200.0%

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 2008 2007 2006
Basic Shares Outstanding 12.13M shares 66.29M shares 30.86M shares 2.693M shares 1.659M shares 622.2K shares 1.989M shares
Diluted Shares Outstanding 12.13M shares 66.29M shares 30.86M 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: $33.731 Million

About Sphere 3D Corp.

Sphere 3D Corp. engages in the provision of solutions for stand-alone storage and technologies that converge the traditional silos of computation, storage, and network into one integrated hyper-converged or converged solution. The company is headquartered in Toronto, Ontario and currently employs 3 full-time employees. The company went IPO on 2014-07-07. The firm delivers data management solutions via hybrid cloud, cloud and on-premises implementations both directly and through its reseller network and professional services organization. The company provides data storage and desktop virtualization solutions for small and medium businesses and distributed enterprises. Its segments include Digital Mining and Service and Product. Its brands include Hybrid Virtualization Engine (HVE) ConneXions and Unified ConneXions (UCX). HVE ConneXions combines virtualization solutions with hardware to support cloud requirements for corporate, government, and educational institutions. HVE ConneXions specializes in virtual desktop, server virtualization and network storage that is compatible with various types of workloads, including desktops, servers and databases. UCX is engaged in providing information technology (IT) services to corporate, government, and educational institutions.

Industry: Finance Services Peers: D-Wave Quantum Inc.