Free-cash-flow proxy increased 51.0%
Free-cash-flow proxy changed +51.0% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
-$24.1M→-$11.8M4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →ADCT financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating cash flow increased 51.0%
Operating cash flow changed +51.0% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
-$24.1M→-$11.8M4 prior comparisons
Working capital decreased 31.0%
Working capital changed -31.0% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$254.2M→$175.4M4 prior comparisons
Stock-based compensation increased 151.2%
Stock-based compensation changed +151.2% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.8M→$4.6M4 prior comparisons
Current liabilities increased 33.6%
Current liabilities changed +33.6% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$64.6M→$86.3M4 prior comparisons
Operating income increased 42.4%
Operating income changed +42.4% from the comparable as-filed period.
-$44.1M→-$25.4M3 prior comparisons
Total assets decreased 13.1%
Total assets changed -13.1% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$321.6M→$279.4M4 prior comparisons
Current ratio decreased 38.6%
Current ratio changed -38.6% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
4.93→3.034 prior comparisons
Working capital / assets moved 1626 bp lower
Working capital / assets changed -1626 basis points from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
79.04%→62.77%4 prior comparisons
Operating margin moved 10772 bp higher
Operating margin changed +10772 basis points from the comparable as-filed period.
-244.11%→-136.39%3 prior comparisons
Current assets decreased 17.9%
Current assets changed -17.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$318.8M→$261.7M4 prior comparisons
Net income increased 70.8%
Net income changed +70.8% from the comparable as-filed period.
-$56.6M→-$16.6M3 prior comparisons
Cash & equivalents decreased 17.2%
Cash & equivalents changed -17.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$264.6M→$219.1M4 prior comparisons
Research & development decreased 42.3%
Research & development changed -42.3% from the comparable as-filed period.
$30.1M→$17.4M3 prior comparisons
SBC / revenue moved 1440 bp higher
SBC / revenue changed +1440 basis points from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
10.01%→24.42%3 prior comparisons
Inventory decreased 72.2%
Inventory changed -72.2% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$17.8M→$4.9M4 prior comparisons
Inventory / revenue moved 7175 bp lower
Inventory / revenue changed -7175 basis points from the comparable as-filed period.
98.22%→26.47%3 prior comparisons
R&D / revenue moved 7319 bp lower
R&D / revenue changed -7319 basis points from the comparable as-filed period.
166.38%→93.20%3 prior comparisons
Free-cash-flow margin moved 6983 bp higher
Free-cash-flow margin changed +6983 basis points from the comparable as-filed period.
-133.19%→-63.36%3 prior comparisons
Operating cash-flow margin moved 6983 bp higher
Operating cash-flow margin changed +6983 basis points from the comparable as-filed period.
-133.19%→-63.36%3 prior comparisons
Shares outstanding increased 13.5%
Shares outstanding changed +13.5% from the comparable as-filed period. The change ranks at the 14th percentile of 7 prior comparable changes.
112,499,395→127,667,6957 prior comparisons
Revenue increased 3.0%
Revenue changed +3.0% from the comparable as-filed period.
$18.1M→$18.6M3 prior comparisons
Capex / revenue moved 0 bp unchanged
Capex / revenue changed +0 basis points from the comparable as-filed period.
0.00%→0.00%3 prior comparisons
Capital expenditure changed across a zero base
Capital expenditure changed from 0 to 0 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$04 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.