TARA (TARA) financial statements
Net income was -$57M.
Free cash flow was -$56M.
The diluted share count rose 159% over the period (dilution).
Income statement
Fiscal years, from TARA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $19M | $22M | $12M | $4M | $12M | $21M | $17M | $25M | $32M | $43M |
| Selling, general and admin | $10M | $9M | $10M | $4M | $22M | $26M | $21M | $19M | $17M | $22M |
| Operating income | -$29M | -$30M | -$21M | -$8M | -$34M | -$47M | -$67M | -$44M | -$49M | -$65M |
| Interest expense | — | — | — | — | $34,000 | $0 | — | — | — | — |
| Pre-tax income | -$29M | -$30M | -$21M | -$15M | — | — | — | — | $45M | $57M |
| Net income | -$29M | -$30M | -$21M | -$8M | -$34M | -$47M | -$66M | -$40M | -$45M | -$57M |
| EPS (diluted) | -$1.72 | -$2.13 | -$45.80 | -$3.04 | -$4.70 | -$4.21 | -$5.86 | -$3.57 | -$2.17 | -$1.34 |
| Diluted shares | 17M | 17M | 0M | 3M | 7M | 11M | 11M | 11M | 21M | 43M |
Balance sheet
Fiscal years, from TARA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $41M | $42M | $22M | $6M | $169M | $91M | $84M | $66M | $170M | $156M |
| Total current assets | $43M | $43M | $23M | $764,000 | $169M | $93M | $86M | $69M | $172M | $160M |
| Property, plant and equipment | $372,000 | $259,000 | $263,000 | $459,000 | $1M | $2M | $2M | $1M | $1M | $759,000 |
| Goodwill | — | — | — | — | $30M | $30M | — | — | — | — |
| Total assets | $44M | $44M | $24M | $1M | $203M | $173M | $113M | $79M | $181M | $209M |
| Total current liabilities | $5M | $9M | $3M | $3M | $3M | $4M | $6M | $6M | $11M | $11M |
| Total liabilities | $5M | $9M | $3M | $3M | $4M | $11M | $11M | $11M | $14M | $13M |
| Shareholders' equity | $38M | $35M | $5M | -$2M | $199M | $162M | $102M | $68M | $167M | $196M |
| Net debt | -$36M | -$21M | -$19M | -$564,124 | -$169M | -$36M | -$24M | -$40M | -$163M | -$50M |
Cash flow
Fiscal years, from TARA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$24M | -$22M | -$23M | -$5M | -$23M | -$35M | -$26M | -$38M | -$36M | -$56M |
| Capital spending | $271,000 | $35,000 | $119,000 | $475,000 | $884,000 | $596,000 | $120,000 | $45,000 | $63,000 | $94,000 |
| Free cash flow | -$24M | -$22M | -$23M | -$5M | -$24M | -$35M | -$27M | -$38M | -$36M | -$56M |
| Stock-based compensation | $3M | $3M | $3M | $424,000 | $10M | $10M | $7M | $6M | $4M | $4M |
| Share buybacks (net) | — | — | — | — | — | -$228,000 | -$90,000 | -$91,000 | — | — |
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How much free cash flow does TARA generate?
-$56M in fiscal 2025 (operating cash flow minus capital spending).
From TARA's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.