AYRO, Inc. financial data

Symbol
AYRO on Nasdaq
Industry
Communications Services, NEC
Location
900 E. Old Settlers Boulevard, Suite 100, Round Rock, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
DropCar, Inc. (to 5/29/2020), WPCS INTERNATIONAL INC (to 1/30/2018), PHOENIX STAR VENTURES INC (to 6/7/2002), WOWTOWN COM INC (to 4/23/2001), PARAMOUNT SERVICES CORP (to 3/15/2000)
Latest financial report
10-Q - Q2 2024 - Aug 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.13K % -49.4%
Quick Ratio 87.4 % +9.52%
Debt-to-equity 157 % +2614%
Return On Assets -37.8 % +16.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.88M shares -81.8%
Common Stock, Shares, Outstanding 6.57M shares -82.5%
Entity Public Float 24.5M USD -18.9%
Common Stock, Value, Issued 657 USD -82.5%
Weighted Average Number of Shares Outstanding, Basic 5.62M shares +19.9%
Weighted Average Number of Shares Outstanding, Diluted 16.6M shares +255%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 444K USD -78.6%
Research and Development Expense 4.27M USD -54.9%
Selling and Marketing Expense 1.14M USD -38%
General and Administrative Expense 13.3M USD +9.67%
Operating Income (Loss) -25.3M USD -1.87%
Nonoperating Income (Expense) 5.86M USD +522%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.91M USD
Net Income (Loss) Attributable to Parent -19.4M USD +18.7%
Earnings Per Share, Basic -6.42 USD/shares +9.83%
Earnings Per Share, Diluted -7.06 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 14.1M USD +3.85%
Marketable Securities, Current 22.9M USD +17.5%
Accounts Receivable, after Allowance for Credit Loss, Current 129K USD +24.1%
Inventory, Net 3.31M USD +8.66%
Assets, Current 42M USD +6.43%
Property, Plant and Equipment, Net 2.35M USD -26.6%
Operating Lease, Right-of-Use Asset 569K USD
Intangible Assets, Net (Excluding Goodwill) 99K USD -9.25%
Assets 45M USD +3.46%
Accounts Payable, Current 3.5M USD +389%
Accrued Liabilities, Current 1.51M USD +65.8%
Liabilities, Current 6.55M USD +263%
Operating Lease, Liability, Noncurrent 397K USD -34%
Liabilities 18M USD +649%
Retained Earnings (Accumulated Deficit) -112M USD -20.9%
Stockholders' Equity Attributable to Parent 12.8M USD -68.8%
Liabilities and Equity 45M USD +3.46%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.68M USD +28.4%
Net Cash Provided by (Used in) Investing Activities -23.3M USD -3991%
Common Stock, Shares Authorized 200M shares +100%
Common Stock, Shares, Issued 6.57M shares -82.5%
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 -28M USD -294%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14.1M USD +3.85%
Deferred Tax Assets, Valuation Allowance 22.8M USD +23.6%
Deferred Tax Assets, Gross 23M USD +23.2%
Operating Lease, Liability 700K USD -18.6%
Depreciation 1.31M USD +55.8%
Payments to Acquire Property, Plant, and Equipment 771K USD +579%
Lessee, Operating Lease, Liability, to be Paid 829K USD -23%
Property, Plant and Equipment, Gross 5.52M USD +6.99%
Operating Lease, Liability, Current 206K USD +15.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 261K USD +2.73%
Lessee, Operating Lease, Liability, to be Paid, Year One 254K USD +2.72%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 129K USD -40.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 268K USD +2.74%
Deferred Tax Assets, Operating Loss Carryforwards 20M USD +26%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 44.9K USD -83.3%
Additional Paid in Capital 125M USD -6.62%
Share-based Payment Arrangement, Expense 466K USD -59.8%