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 - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 64.3 % -14.3%
Quick Ratio 35.8 % +105%
Debt-to-equity -347 % +33.6%
Return On Equity 573 % -34.2%
Return On Assets -232 % -12.5%
Operating Margin -821 % +8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.66M shares -84.8%
Common Stock, Shares, Outstanding 1.64M shares -94.6%
Entity Public Float 13.4M USD -57.7%
Common Stock, Value, Issued 16 USD -93.8%
Weighted Average Number of Shares Outstanding, Basic 402K shares
Weighted Average Number of Shares Outstanding, Diluted 402K shares

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.55M USD +32.1%
Selling and Marketing Expense 4.54M USD -37%
General and Administrative Expense 7.02M USD -2.28%
Operating Income (Loss) -29.1M USD -21.5%
Nonoperating Income (Expense) -12.3M USD +44.3%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -41.4M USD +10.1%
Earnings Per Share, Basic 18.9K USD/shares
Earnings Per Share, Diluted 18.9K USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 302K USD +29.2%
Inventory, Net 9.59M USD +104%
Assets, Current 14M USD -24.3%
Property, Plant and Equipment, Net 625K USD -30.9%
Operating Lease, Right-of-Use Asset 941K USD -28.9%
Other Assets, Noncurrent 199K USD -30.1%
Assets 15.8M USD -25%
Accounts Payable, Current 962K USD +46.8%
Accrued Liabilities, Current 1.74M USD +20%
Liabilities, Current 6.62M USD -85%
Operating Lease, Liability, Noncurrent 560K USD -40.9%
Liabilities 7.89M USD -82.5%
Retained Earnings (Accumulated Deficit) -147M USD -39%
Stockholders' Equity Attributable to Parent 7.9M USD
Liabilities and Equity 15.8M USD -25%

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 1.64M shares -94.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.16M USD -74.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 13.4K USD +484%
Deferred Tax Assets, Valuation Allowance 24.9M USD +36.3%
Deferred Tax Assets, Gross 25.3M USD +32.9%
Operating Lease, Liability 981K USD -27.9%
Depreciation 337K USD -39.5%
Payments to Acquire Property, Plant, and Equipment 132K USD -60.5%
Lessee, Operating Lease, Liability, to be Paid 1.06M USD -30.4%
Property, Plant and Equipment, Gross 1.03M USD -28.9%
Operating Lease, Liability, Current 421K USD +2.15%
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 83.6K USD -50.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 341K USD -29.9%
Deferred Tax Assets, Operating Loss Carryforwards 21.6M USD +105%
Preferred Stock, Shares Issued 22.4K 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 155M USD +89.3%
Preferred Stock, Shares Outstanding 6.38K shares
Amortization of Intangible Assets 5.81K USD -51.7%
Deferred Tax Assets, Net of Valuation Allowance 379K USD -49.6%
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%