LRMR (LRMR) financial statements
Net income was -$166M.
Free cash flow was -$113M.
The diluted share count rose 124% over the period (dilution).
Income statement
Fiscal years, from LRMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | — | — | — | — | — | — |
| Research and development | $40M | $41M | $48M | $21M | $31M | $38M | $24M | $28M | $73M | $154M |
| Selling, general and admin | $18M | $12M | $13M | $2M | $11M | $12M | $12M | $14M | $18M | $18M |
| Operating income | -$58M | -$53M | -$61M | -$23M | -$43M | -$50M | -$37M | -$42M | -$91M | -$172M |
| Interest expense | $529,000 | $165,000 | $2M | $2M | — | — | — | — | — | — |
| Pre-tax income | -$58M | -$52M | -$61M | -$23M | -$42M | -$51M | -$35M | -$37M | -$81M | -$166M |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$58M | -$52M | -$61M | -$23M | -$42M | -$51M | -$35M | -$37M | -$81M | -$166M |
| EPS (diluted) | -$2.12 | -$1.90 | -$1.90 | -$3.80 | -$3.57 | -$2.95 | -$1.37 | -$0.84 | -$1.32 | — |
| Diluted shares | 27M | 27M | 32M | 6M | 12M | 17M | 26M | 44M | 61M | — |
Balance sheet
Fiscal years, from LRMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $129M | $102M | $118M | $70M | $93M | $70M | $118M | $87M | $184M | $137M |
| Total current assets | $131M | $105M | $121M | $5M | $98M | $72M | $121M | $90M | $195M | $142M |
| Property, plant and equipment | $661,000 | $528,000 | $375,000 | $274,000 | $1M | $1M | $831,000 | $684,000 | $881,000 | $622,000 |
| Total assets | $132M | $106M | $122M | $5M | $105M | $79M | $126M | $96M | $200M | $146M |
| Total current liabilities | $10M | $7M | $13M | $6M | $9M | $9M | $11M | $10M | $24M | $65M |
| Total liabilities | $10M | $27M | $28M | $6M | $15M | $14M | $16M | $14M | $28M | $68M |
| Shareholders' equity | $122M | $78M | $3M | -$694,000 | $90M | $64M | $111M | $82M | $172M | $78M |
| Net debt | -$32M | -$41M | -$49M | -$1M | -$68M | -$70M | -$27M | -$27M | -$33M | -$85M |
Cash flow
Fiscal years, from LRMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$52M | -$44M | -$51M | -$23M | -$42M | -$42M | -$28M | -$33M | -$71M | -$113M |
| Capital spending | $660,000 | $55,000 | $108,000 | $83,000 | $62,000 | $333,000 | $100,000 | $164,000 | $515,000 | $91,000 |
| Free cash flow | -$53M | -$44M | -$52M | -$23M | -$42M | -$42M | -$28M | -$34M | -$71M | -$113M |
| Stock-based compensation | $10M | $8M | $10M | $129,000 | $2M | $5M | $7M | $8M | $9M | $7M |
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How much free cash flow does LRMR generate?
-$113M in fiscal 2025 (operating cash flow minus capital spending).
From LRMR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.