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
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.55K % -36.9%
Quick Ratio 119 % +78.7%
Debt-to-equity 90 % +1575%
Return On Assets -63.4 % -54.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.94M shares -86.8%
Common Stock, Shares, Outstanding 4.94M shares -86.8%
Entity Public Float 24.5M USD -18.9%
Common Stock, Value, Issued 494 USD -86.8%
Weighted Average Number of Shares Outstanding, Basic 4.93M shares +5.67%
Weighted Average Number of Shares Outstanding, Diluted 4.93M shares +5.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 444K USD -78.6%
Research and Development Expense 6.05M USD -25.4%
Selling and Marketing Expense 1.27M USD -27.3%
General and Administrative Expense 14.6M USD +25.3%
Operating Income (Loss) -27.6M USD -12.5%
Nonoperating Income (Expense) -4.75M USD -801%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -34.2M USD -48.9%
Net Income (Loss) Attributable to Parent -32.3M USD -35.6%
Earnings Per Share, Basic -8.48 USD/shares -41.3%
Earnings Per Share, Diluted -8.48 USD/shares -24.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.46M USD -82.9%
Marketable Securities, Current 23.6M USD +142%
Accounts Receivable, after Allowance for Credit Loss, Current 138K USD +27.9%
Inventory, Net 3.68M USD +142%
Assets, Current 44.3M USD -2.64%
Property, Plant and Equipment, Net 2.83M USD -2.62%
Operating Lease, Right-of-Use Asset 624K USD -21.3%
Intangible Assets, Net (Excluding Goodwill) 99K USD -9.25%
Assets 47.9M USD -2.91%
Accounts Payable, Current 2.38M USD +218%
Accrued Liabilities, Current 1.45M USD +62.9%
Liabilities, Current 4.03M USD +123%
Operating Lease, Liability, Noncurrent 451K USD -30.5%
Liabilities 26.1M USD +962%
Retained Earnings (Accumulated Deficit) -119M USD -37.3%
Stockholders' Equity Attributable to Parent 7.01M USD -85%
Liabilities and Equity 47.9M USD -2.91%

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) Financing Activities 21.6M USD
Net Cash Provided by (Used in) Investing Activities -23.3M USD -3991%
Common Stock, Shares Authorized 200M shares +100%
Common Stock, Shares, Issued 4.94M shares -86.8%
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 15.5M USD -51.7%
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 1.22M USD +77.3%
Payments to Acquire Property, Plant, and Equipment 2.14M USD +34.9%
Lessee, Operating Lease, Liability, to be Paid 829K USD -23%
Property, Plant and Equipment, Gross 5.65M USD +22.6%
Operating Lease, Liability, Current 201K USD +17.2%
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%
Operating Lease, Payments 248K USD -19.3%
Additional Paid in Capital 126M USD -5.63%
Share-based Payment Arrangement, Expense 712K USD -41.6%