Company profile

Ticker
ADOM
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Incorporated in
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Fiscal year end
SEC CIK

ADOM stock data

(
)

Calendar

22 May 19
17 Jun 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Mar 19 Dec 18 Sep 18 Jun 18
Revenue 420K 1.18M 2.62M 744K
Net income -1.45M -1.31M -1.48M -4.18M
Diluted EPS -0.02 -0.01 -0.02 -0.06
Net profit margin -345% -110% -56.55% -562%
Operating income -1.49M -1.38M -1.53M -4.34M
Net change in cash -1.37M -4.05M 141K -529K
Cash on hand 2.39M 3.76M 7.81M 7.67M
Cost of revenue 391K 1.15M 2.53M 722K
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 5.01M 425K 68K
Net income -11.05M -21.9M -10.69M -6.04M
Diluted EPS -0.15 -0.33 -0.16 -0.07
Net profit margin -220% -5154% -15713%
Operating income -11.38M -21.6M -9.53M -5.32M
Net change in cash 1.31M 1.51M -3.6M
Cash on hand 3.76M 2.45M 938K 4.54M
Cost of revenue 4.88M 479K 50K

Financial data from ADOMANI earnings reports

Financial report summary

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Competition
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Management Discussion
  • Sales were $420,320 and $463,731 for the three months ended March 31, 2019 and 2018, respectively. Sales for the three months ended March 31, 2019 consisted of products and services sold to Blue Bird Corporation, and work performed under a DOE grant awarded to Blue Bird Corporation for which we were selected to provide products and services. Effective as of May 31, 2019, we agreed to terminate our supply agreement with Blue Bird Corporation, as further described under the heading “Subsequent Events” above.
  • Cost of sales were $390,845 and $478,731 for the three months ended March 31, 2019 and 2018, respectively. Cost of sales for the three months ended March 31, 2019 consisted of costs related to products and services sold to Blue Bird Corporation, and work performed under the DOE grant discussed in “Sales” above.
  • General and administrative expenses were $1.4 million and $3.9 million for the three months ended March 31, 2019 and 2018, respectively.   The decrease is primarily due to decreases of $2.7 million in non-cash stock-based compensation expense and  in other general and administrative expenses, offset by increases of $121,974 in legal and professional fees, and $64,780 in insurance expense. The decrease in stock-based compensation expense primarily relates to an expense reduction resulting from the forfeiture of options to purchase an aggregate of 3,450,000 shares of common stock previously issued to certain employees and directors in March 2017.
Content analysis ?
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