Volcon, Inc. financial data

Symbol
VLCN on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
3121 Eagles Nest, Suite 120, Round Rock, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88.7 % +62.7%
Quick Ratio 44.9 % +135%
Debt-to-equity -2.36K % -827%
Return On Equity 6.05K % +1426%
Return On Assets -268 % -4.43%
Operating Margin -769 % +13.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 561K shares -91.8%
Common Stock, Shares, Outstanding 658K shares -89.7%
Entity Public Float 13.4M USD -57.7%
Common Stock, Value, Issued 6 USD -90.5%
Weighted Average Number of Shares Outstanding, Basic 570K shares
Weighted Average Number of Shares Outstanding, Diluted 570K shares

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.13M USD +41.2%
Selling and Marketing Expense 3.14M USD -59.7%
General and Administrative Expense 7.39M USD +11.3%
Operating Income (Loss) -31.8M USD -21.9%
Nonoperating Income (Expense) -11.9M USD +49%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -43.7M USD +11.6%
Earnings Per Share, Basic 85.2K USD/shares
Earnings Per Share, Diluted 85.2K USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 347K USD +68.1%
Inventory, Net 1.53M USD -78.3%
Assets, Current 8.68M USD -35.5%
Property, Plant and Equipment, Net 285K USD -77.4%
Operating Lease, Right-of-Use Asset 841K USD -31.7%
Other Assets, Noncurrent 199K USD 0%
Assets 10M USD -38%
Accounts Payable, Current 256K USD -92.6%
Accrued Liabilities, Current 1.52M USD -16.1%
Liabilities, Current 4.19M USD -88.4%
Operating Lease, Liability, Noncurrent 448K USD -47%
Liabilities 4.95M USD -86.7%
Retained Earnings (Accumulated Deficit) -161M USD -37.2%
Stockholders' Equity Attributable to Parent 5.06M USD
Liabilities and Equity 10M USD -38%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.54M USD +29.9%
Net Cash Provided by (Used in) Financing Activities 90.2K USD
Net Cash Provided by (Used in) Investing Activities -66.2K USD +72.9%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 658K shares -89.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.91M USD +98.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 13.4K USD +484%
Deferred Tax Assets, Valuation Allowance 27.4M USD +8.5%
Deferred Tax Assets, Gross 27.6M USD +7.56%
Operating Lease, Liability 880K USD -30.7%
Depreciation 344K USD -3.7%
Payments to Acquire Property, Plant, and Equipment 132K USD -60.5%
Lessee, Operating Lease, Liability, to be Paid 946K USD -33.1%
Property, Plant and Equipment, Gross 746K USD -60.1%
Operating Lease, Liability, Current 432K USD +1.94%
Lessee, Operating Lease, Liability, to be Paid, Year Two 341K USD -29.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 486K USD +2.98%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 66.4K USD -54.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 341K USD -29.9%
Deferred Tax Assets, Operating Loss Carryforwards 23.9M USD +99%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 341K USD -69.5%
Operating Lease, Payments 95.9K USD +11.5%
Additional Paid in Capital 166M USD +72.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 5.81K USD -51.7%
Deferred Tax Assets, Net of Valuation Allowance 257K USD -44.1%
Share-based Payment Arrangement, Expense 541K USD +27.2%
Interest Expense 3.52M USD -12.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%