Company research
ATECH (PARENT) RESOLUTION CORP.
CIK 1584754Updated Sep 24, 2026
SecurityAKTSQ · NASDAQ · equity
Name history
Akoustis Technologies, Inc. · through Feb 14, 2025DANLAX, CORP. · through Mar 2, 2015
AKTSQ price & chart
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Recent filings
NT 10-Q filing
Completion of Acquisition or Disposition of Assets · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 2.01, 5.02, 5.03, 8.01, 9.01
NT 10-Q filing
8-K filing
8-K filing
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 69,741,000Source | 148,917,000Source | 161,338,000Source | 124,994,000Source |
| Property, Plant and Equipment, NetUSD | 12,905,000Source | 57,826,000Source | 51,157,000Source | 30,730,000Source |
| GoodwillUSD | 6,508,000Source | 14,559,000Source | 8,051,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 12,565,000Source | 15,241,000Source | 8,994,000Source | 572,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 24,447,000Source | 43,104,000Source | 80,485,000Source | 88,322,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,911,000Source | 4,753,000Source | 3,793,000Source | 1,170,000Source |
| Inventory, NetUSD | 2,223,000Source | 7,548,000Source | 4,094,000Source | 1,390,000Source |
| Assets, CurrentUSD | 36,769,000Source | 59,845,000Source | 91,731,000Source | 93,196,000Source |
| Operating Lease, Right-of-Use AssetUSD | 923,000Source | 1,374,000Source | 1,126,000Source | 471,000Source |
| Other Assets, NoncurrentUSD | 71,000Source | 72,000Source | 279,000Source | 25,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 126,835,000Source | 62,678,000Source | 57,908,000Source | 7,584,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 123,000Source | 72,000Source | 57,000Source | 51,000Source |
| Additional Paid in CapitalUSD | 381,289,000Source | 356,522,000Source | 310,171,000Source | 265,130,000Source |
| Retained Earnings (Accumulated Deficit)USD | -438,506,000Source | -270,355,000Source | -206,798,000Source | -147,771,000Source |
| Stockholders' Equity Attributable to ParentUSD | -57,094,000Source | 86,239,000Source | — | 117,410,000Source |
| Liabilities and EquityUSD | 69,741,000Source | 148,917,000Source | 161,338,000Source | 124,994,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 84,369,000Source | 17,571,000Source | 12,658,000Source | 7,265,000Source |
| Operating Lease, Liability, CurrentUSD | 514,000Source | 439,000Source | 313,000Source | 270,000Source |
| Accounts Payable, CurrentUSD | 3,998,000Source | 3,979,000Source | 3,630,000Source | 1,188,000Source |
| Operating Lease, Liability, NoncurrentUSD | 462,000Source | 976,000Source | 811,000Source | 202,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 43,347,000Source | 43,731,000Source | — |
| Other Liabilities, NoncurrentUSD | 117,000Source | — | — | — |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | — | 105,000Source | 286,000Source | 41,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | 1,980,000Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -63,557,000Source | -59,194,000Source | -44,156,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 11,256,000Source | 7,853,000Source | 4,655,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,848,000Source | 9,407,000Source | 10,247,000Source | 8,192,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -641,000Source | 79,000Source | 1,639,000Source | 819,000Source |
| Increase (Decrease) in InventoriesUSD | -5,325,000Source | 3,454,000Source | 2,506,000Source | 1,254,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | -2,394,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -40,346,000Source | -44,821,000Source | -45,195,000Source | -29,364,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,992,000Source | -25,146,000Source | -34,942,000Source | -12,491,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | -121,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 5,992,000Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 27,681,000Source | 32,586,000Source | 72,300,000Source | 85,769,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 24,447,000Source | 43,104,000Source | 80,485,000Source | 88,322,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 442,000Source | — | — | 325,000Source |
| Income Taxes Paid, NetUSD | — | — | 112,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 2,848,000Source | 7,700,000Source | — | — |
| Amortization of Debt Issuance CostsUSD | — | 3,300,000Source | 3,300,000Source | — |
| Amortization of Intangible AssetsUSD | 2,600,000Source | 2,000,000Source | 1,000,000Source | — |
| AssetAcquisitionContingentConsiderationLiabilityUSD | 57,400,000Source | — | — | — |
| DepreciationUSD | 10,100,000Source | — | — | 4,600,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | 948,000Source | — | 744,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -61,000Source | 100,000Source | 210,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 1,624,000Source |
| General and Administrative ExpenseUSD | 35,884,000Source | 29,710,000Source | 20,710,000Source | 13,285,000Source |
| GoodwillUSD | 6,508,000Source | 14,559,000Source | 8,051,000Source | — |
| Goodwill, Impairment LossUSD | 8,051,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 6,000Source | -2,448,000Source | -1,833,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -167,950,000Source | -63,557,000Source | -59,027,000Source | -44,156,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -167,000Source | — |
| Nonoperating Income (Expense)USD | -57,953,000Source | 64,000Source | -472,000Source | -2,762,000Source |
| Operating ExpensesUSD | 109,302,000Source | 62,953,000Source | 56,418,000Source | 37,361,000Source |
| Operating Lease, ExpenseUSD | 601,000Source | 519,000Source | 348,000Source | 310,000Source |
| Other Nonoperating Income (Expense)USD | — | -8,000Source | — | — |
| Other Operating Income (Expense), NetUSD | — | -66,069,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 12,341,000Source | 32,026,000Source | 27,578,000Source | 82,843,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 27,384,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 27,384,000Source | 27,121,000Source | 15,350,000Source | 6,618,000Source |
| Cost of RevenueUSD | 2,800,000Source | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | 29,710,000Source | — | — |
| Operating Income (Loss)USD | -109,991,000Source | -66,069,000Source | -60,555,000Source | -41,394,000Source |
| Other Nonoperating Income (Expense)USD | — | -8,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -167,944,000Source | -66,005,000Source | — | — |
| Income Tax Expense (Benefit)USD | 6,000Source | -2,448,000Source | -1,833,000Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -167,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -167,950,000Source | -63,557,000Source | -59,027,000Source | -44,156,000Source |
| Earnings Per Share, BasicUSD per share | -1.89Source | -1Source | -1.09Source | — |
| Earnings Per Share, DilutedUSD per share | -1.89Source | -1Source | -1.09Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 89,085,992Source | 63,621,727Source | 54,021,205Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 89,085,992Source | 63,621,727Source | 54,021,205Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,600,000Source | 2,000,000Source | 1,000,000Source | — |
| Costs and ExpensesUSD | — | 9,407,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 6,000Source | -54,000Source | 149,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 12,759,000Source | — | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | 948,000Source | — | 744,000Source |
| General and Administrative ExpenseUSD | 35,884,000Source | 29,710,000Source | 20,710,000Source | 13,285,000Source |
| Goodwill, Impairment LossUSD | 8,051,000Source | — | — | — |
| Gross ProfitUSD | -689,000Source | -3,116,000Source | -4,137,000Source | -4,033,000Source |
| Interest Income (Expense), NetUSD | -2,658,000Source | -2,322,000Source | — | -5,130,000Source |
| Nonoperating Income (Expense)USD | -57,953,000Source | 64,000Source | -472,000Source | -2,762,000Source |
| Operating ExpensesUSD | 109,302,000Source | 62,953,000Source | 56,418,000Source | 37,361,000Source |
| Operating Lease, ExpenseUSD | 601,000Source | 519,000Source | 348,000Source | 310,000Source |
| Other Cost of Operating RevenueUSD | — | 30,237,000Source | — | — |
| Other ExpensesUSD | — | — | 77,000Source | — |
| Other General and Administrative ExpenseUSD | — | — | 4,661,000Source | 4,155,000Source |
| Other Operating Income (Expense), NetUSD | — | -66,069,000Source | — | — |
| Research and Development ExpenseUSD | 29,989,000Source | 33,243,000Source | 35,708,000Source | 24,076,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 27,384,000Source | — | — | — |
Filing attachments
ea024225601ex99-1_atech.htm · 8-K · 2025-05-15
EX-99.1 3 ea024225601ex99-1_atech.htm PRESS RELEASE DATED MAY 15, 2025 Exhibit 99.1 Akoustis Successfully Completes Sale of Assets to SpaceX Tune Holdings, A Wholly Owned Subsidiary of SpaceX, Acquires Substantially All of Akoustis’s Assets in Court-Approved Transaction CHARLOTTE, N.C.--(BUSINESS WIRE)-- Akoustis Technologies, Inc. (together with its wholly-owned subsidiaries Akoustis, Inc. and RFM Integrated Device Inc., “Akoustis” or the “Company”), an integrated device manufacturer (ID…
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