Research / ARDX / Fundamental state Inspectable configuration
State dimensions Filing 0001628280-23-015212 General Corporate
Debt relative to revenue 6th Own-history percentile · N=18
Evidence method Level · gp.fundamentals.debt_to_revenue
236.43% · OPTIONAL · VALID
Capex intensity 35th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.capex_revenue_ratio
0.12% · OPTIONAL · VALID
Operating cash generation 89th Own-history percentile · N=19
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-394.01% · OPTIONAL · VALID
Revenue growth 93th Own-history percentile · N=15
Evidence method Yoy · gp.fundamentals.revenue
2329.27% · CORE · VALID
Inventory pressure RAW Current state valid · history insufficient
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
395.35% · OPTIONAL · NOT_ENOUGH_HISTORY
Operating margin 85th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.operating_margin
-229.25% · CORE · VALID
R&D intensity 5th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
79.98% · OPTIONAL · VALID
SBC intensity 15th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
25.61% · OPTIONAL · VALID
As-filed lineage Fundamental state history Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History 32 states Self-history eligible
Sep 30, 2021 7/7 normalized Level 3 Dec 31, 2021 7/7 normalized Level 3 Mar 31, 2022 7/8 normalized Level 3 Jun 30, 2022 7/8 normalized Level 3 Sep 30, 2022 7/8 normalized Level 3 Dec 31, 2022 7/8 normalized Level 3 Mar 31, 2023 7/8 normalized Level 3 Jun 30, 2023 7/8 normalized Level 3 Sep 30, 2023 7/8 normalized Level 3 Dec 31, 2023 7/8 normalized Level 3 Mar 31, 2024 8/8 normalized Level 3 Jun 30, 2024 8/8 normalized Level 3 Sep 30, 2024 8/8 normalized Level 3 Dec 31, 2024 8/8 normalized Level 3 Mar 31, 2025 8/8 normalized Level 3 Jun 30, 2025 8/8 normalized Level 3 Sep 30, 2025 8/8 normalized Level 3 Dec 31, 2025 8/8 normalized Level 3 Mar 31, 2026 8/8 normalized Level 3 Jun 30, 2026 8/8 normalized Level 4 Period transition
What moved in the state? Balance Sheet Leverage Increased
Previous 51.21%
Current 236.43%
Delta 185.22% Capex Intensity Increased
Previous 0.11%
Current 0.12%
Delta 0.02% Cash Generation Decreased
Previous -134.29%
Current -394.01%
Delta -259.72% Growth Increased
Previous 416.57%
Current 2329.27%
Delta 1912.70% Inventory Pressure Increased
Previous 54.35%
Current 395.35%
Delta 341.00% Profitability Decreased
Previous -122.24%
Current -229.25%
Delta -107.01% R And D Intensity Increased
Previous 67.49%
Current 79.98%
Delta 12.49% Sbc Intensity Increased
Previous 20.61%
Current 25.61%
Delta 5.00% Self-history only Previous similar states Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.