META MATERIALS INC. financial data

Location
Dartmouth, Nova Scotia, Canada
Fiscal year end
31 December
Latest financial report
10-Q - Q1 2024 - 13 May 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 85% % -37%
Quick Ratio 1.2% % 68%
Debt-to-equity 51% % 219%
Return On Equity -662% % -3145%
Return On Assets -440% % -2396%
Operating Margin -4033% % -313%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6,307,684 shares -98%
Common Stock, Shares, Outstanding 6,694,635 shares -98%
Common Stock, Value, Issued $6,694 USD -98%
Weighted Average Number of Shares Outstanding, Basic 6,180,363 shares 68%
Weighted Average Number of Shares Outstanding, Diluted 6,180,363 shares 68%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $9,825,644 USD 14%
Revenue from Contract with Customer, Excluding Assessed Tax $9,825,644 USD 14%
Research and Development Expense $16,806,367 USD -4.5%
Selling and Marketing Expense $2,371,837 USD -66%
General and Administrative Expense $22,308,304 USD -41%
Operating Income (Loss) $396,224,971 USD -369%
Nonoperating Income (Expense) $6,106,215 USD -284%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $390,118,756 USD -356%
Net Income (Loss) Attributable to Parent $387,039,736 USD -388%
Earnings Per Share, Basic -1.21 USD/shares 76%
Earnings Per Share, Diluted -1.21 USD/shares 76%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $6,395,929 USD 6%
Accounts Receivable, after Allowance for Credit Loss, Current $2,048,426 USD
Inventory, Net $123,877 USD -73%
Other Assets, Current $257,666 USD -24%
Assets, Current $10,720,300 USD -35%
Property, Plant and Equipment, Net $17,848,873 USD -59%
Operating Lease, Right-of-Use Asset $855,641 USD -84%
Intangible Assets, Net (Excluding Goodwill) $16,936,346 USD -69%
Assets $46,361,160 USD -88%
Accounts Payable, Current $9,696,923 USD -39%
Contract with Customer, Liability, Current $665,955 USD -8.9%
Liabilities, Current $18,581,277 USD -1.9%
Contract with Customer, Liability, Noncurrent $384,876 USD -19%
Operating Lease, Liability, Noncurrent $5,671,681 USD 75%
Liabilities $28,025,777 USD -4.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax $4,646,182 USD 5.6%
Retained Earnings (Accumulated Deficit) $616,519,947 USD -173%
Stockholders' Equity Attributable to Parent $18,335,383 USD -95%
Liabilities and Equity $46,361,160 USD -88%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $5,922,764 USD 62%
Net Cash Provided by (Used in) Financing Activities $2,652,704 USD -75%
Net Cash Provided by (Used in) Investing Activities $32,096 USD
Common Stock, Shares Authorized 10,000,000 shares -99%
Common Stock, Shares, Issued 6,694,635 shares -98%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $6,960,505 USD 6.4%
Operating Lease, Liability $6,968,085 USD 65%
Depreciation $5,300,000 USD 23%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $386,797,433 USD -356%
Lessee, Operating Lease, Liability, to be Paid $10,729,774 USD 47%
Property, Plant and Equipment, Gross $61,081,490 USD 10%
Operating Lease, Liability, Current $1,296,404 USD 31%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,573,802 USD 36%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,719,548 USD 35%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $3,761,689 USD 22%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,159,226 USD 16%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,166,646 USD
Amortization of Intangible Assets $5,900,000 USD -11%
Depreciation, Depletion and Amortization $995,298 USD -69%
Share-based Payment Arrangement, Expense $1,846,143 USD -83%
Interest Expense $374,425 USD 205%