IronNet, Inc. financial data

Industry
Services-Prepackaged Software
Location
7900 Tysons One Place, Suite 400, Mclean, VA
State of incorporation
DE
Fiscal year end
December 31
Former names
LGL Systems Acquisition Corp. (to 8/30/2021), MTRON Systems Acquisition Corp. (to 7/9/2019)
Latest financial report
10-Q - Q3 2023 - Jan 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 30.1 % -77.3%
Quick Ratio 4.54 % -68.4%
Debt-to-equity -157 % -121%
Return On Equity 91.4 %
Return On Assets -160 % +42.4%
Operating Margin -140 % +76.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 122M shares
Common Stock, Shares, Outstanding 122M shares +17.2%
Entity Public Float 16.9M USD -87.4%
Common Stock, Value, Issued 12K USD +20%
Weighted Average Number of Shares Outstanding, Basic 123M shares +17.1%
Weighted Average Number of Shares Outstanding, Diluted 123M shares +17.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 24.3M USD -14.5%
Cost of Revenue 13.6M USD +8.19%
Research and Development Expense 13M USD -68.5%
Selling and Marketing Expense 8.43M USD -80.9%
General and Administrative Expense 23.5M USD -66.1%
Operating Income (Loss) -34.2M USD +79.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -39.8M USD +76.3%
Income Tax Expense (Benefit) 64K USD -85.4%
Net Income (Loss) Attributable to Parent -39.8M USD +76.3%
Earnings Per Share, Basic -0.35 USD/shares +83.3%
Earnings Per Share, Diluted -0.35 USD/shares +83.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 787K USD -90.4%
Accounts Receivable, after Allowance for Credit Loss, Current 234K USD -90.9%
Inventory, Net 872K USD -78.8%
Other Assets, Current 1.07M USD -49.2%
Assets, Current 6.95M USD -73.3%
Property, Plant and Equipment, Net 5.02M USD -16.6%
Operating Lease, Right-of-Use Asset 1.56M USD -21.4%
Assets 15.1M USD -61.6%
Accounts Payable, Current 1M USD -86.4%
Accrued Liabilities, Current 4.41M USD -55%
Liabilities, Current 20.3M USD -57%
Operating Lease, Liability, Noncurrent 1.55M USD -29.7%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 66.5M USD +8.64%
Accumulated Other Comprehensive Income (Loss), Net of Tax 51K USD -75.9%
Retained Earnings (Accumulated Deficit) -551M USD -7.83%
Stockholders' Equity Attributable to Parent -51.4M USD -134%
Liabilities and Equity 15.1M USD -61.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.57M USD +74.9%
Net Cash Provided by (Used in) Financing Activities 5.8M USD -16%
Net Cash Provided by (Used in) Investing Activities -250K USD +72.5%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 122M shares +17.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -16.3M USD -29.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 787K USD -90.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 142K USD
Deferred Tax Assets, Valuation Allowance 133M USD +38.7%
Deferred Tax Assets, Gross 135M USD +38.5%
Operating Lease, Liability 2.2M USD -21.2%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -40M USD +71.6%
Lessee, Operating Lease, Liability, to be Paid 2.42M USD -23.6%
Property, Plant and Equipment, Gross 12.2M USD +22.1%
Operating Lease, Liability, Current 653K USD +10.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 797K USD +2.84%
Lessee, Operating Lease, Liability, to be Paid, Year One 775K USD +2.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 217K USD -41.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 658K USD -17.4%
Deferred Tax Assets, Operating Loss Carryforwards 118M USD +44.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 658K USD -17.4%
Operating Lease, Payments 189K USD -54.6%
Additional Paid in Capital 500M USD +2.19%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 523K USD -16.7%
Deferred Tax Assets, Net of Valuation Allowance 2.38M USD +28.9%
Interest Expense 1.12M USD +1149%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%