Gresham Worldwide, Inc. financial data

Symbol
GIGA on OTC
Industry
Instruments For Meas & Testing of Electricity & Elec Signals
Location
5990 Gleason Dr, Dublin, California
State of incorporation
California
Fiscal year end
December 31
Former names
GIGA TRONICS INC (to 2/14/2024)
Latest financial report
Q1 2024 - May 17, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99.5 % -16.8%
Quick Ratio 36.2 % -32%
Debt-to-equity -91 K % -46518%
Return On Equity -2.88 K % -2244%
Return On Assets -49.4 % +0.98%
Operating Margin -29.8 % +52%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.93 M shares +33.7%
Common Stock, Shares, Outstanding 7.93 M shares +33.7%
Entity Public Float 450 M USD +3299%
Common Stock, Value, Issued 35.6 M USD -1.27%
Weighted Average Number of Shares Outstanding, Basic 6.31 M shares +6.29%
Weighted Average Number of Shares Outstanding, Diluted 6.31 M shares +6.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 38.7 M USD +21.9%
Research and Development Expense 2.98 M USD +25.6%
Selling and Marketing Expense 1.96 M USD +0.1%
General and Administrative Expense 11.4 M USD -12.9%
Operating Income (Loss) -11.5 M USD +41.5%
Nonoperating Income (Expense) -5.67 M USD -598%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -17.2 M USD +16.2%
Income Tax Expense (Benefit) 202 K USD -600%
Net Income (Loss) Attributable to Parent -17 M USD +13.5%
Earnings Per Share, Basic -2.82 USD/shares +18.3%
Earnings Per Share, Diluted -2.82 USD/shares +18.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.57 M USD +42.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.31 M USD -20.1%
Inventory, Net 6.24 M USD -21.6%
Assets, Current 19.3 M USD -4.79%
Property, Plant and Equipment, Net 1.75 M USD -15.7%
Operating Lease, Right-of-Use Asset 3.11 M USD -13.4%
Intangible Assets, Net (Excluding Goodwill) 1.63 M USD -52.1%
Goodwill 5.72 M USD -36.1%
Other Assets, Noncurrent 349 K USD -31.2%
Assets 31.8 M USD -17.9%
Accounts Payable, Current 1.42 M USD
Employee-related Liabilities, Current 852 K USD
Accrued Liabilities, Current 116 K USD
Liabilities, Current 22.9 M USD +44.8%
Operating Lease, Liability, Noncurrent 2.27 M USD -18.4%
Other Liabilities, Noncurrent 1.26 M USD +216%
Liabilities 39.5 M USD +37.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.49 M USD +6.34%
Retained Earnings (Accumulated Deficit) -47.2 M USD -56.4%
Stockholders' Equity Attributable to Parent -8.08 M USD -187%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -7.7 M USD -177%
Liabilities and Equity 31.8 M USD -17.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 132 K USD
Net Cash Provided by (Used in) Financing Activities 584 K USD -79.9%
Net Cash Provided by (Used in) Investing Activities -237 K USD -778%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 7.93 M shares +33.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 465 K USD +50.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 295 K USD +38.5%
Deferred Tax Assets, Valuation Allowance 12.1 M USD +26.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.84 M USD +11.5%
Operating Lease, Liability 3.19 M USD -14.5%
Depreciation 761 K USD +8.41%
Payments to Acquire Property, Plant, and Equipment 237 K USD +778%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -16.9 M USD +18%
Lessee, Operating Lease, Liability, to be Paid 3.87 M USD -16.7%
Property, Plant and Equipment, Gross 11.4 M USD +4.12%
Operating Lease, Liability, Current 914 K USD -2.97%
Lessee, Operating Lease, Liability, to be Paid, Year Two 518 K USD -32.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.03 M USD +10.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 686 K USD -25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 353 K USD -30.6%
Deferred Tax Assets, Operating Loss Carryforwards 8.33 M USD +27.4%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 244 K USD
Preferred Stock, Shares Authorized 1 M shares 0%
Unrecognized Tax Benefits 30 K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 353 K USD -1.12%
Operating Lease, Payments 1.37 M USD +20.6%
Current State and Local Tax Expense (Benefit) 15 K USD
Current Federal Tax Expense (Benefit) 42 K USD
Amortization of Intangible Assets 262 K USD -13%
Deferred Tax Assets, Net of Valuation Allowance 12.5 M USD +18.1%
Share-based Payment Arrangement, Expense 440 K USD -27.3%
Deferred State and Local Income Tax Expense (Benefit) 0 USD