NASDAQ$SCPX

Scorpius Holdings Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

NightHawk Biosciences reported results for the third quarter of 2022, including revenue of $6 million driven by ANTHIM sales, and a net loss of $13 million.

NightHawk Biosciences reported $6 million in revenue for Q3 2022, primarily from the sale of ANTHIM to Canada's National Emergency Strategic Stockpile. The company's net loss was $13 million, or $0.51 per share. The company is deprioritizing its oncology programs to focus on biomanufacturing and medical countermeasures.

  • Revenue for Q3 2022 was $6 million, driven by product sales of ANTHIM to the Canadian government.
  • Product cost of sales for Q3 2022 was $6.4 million, related to the ANTHIM sale.
  • Research and development expenses increased to $6.9 million for Q3 2022.
  • Net loss attributable to NightHawk Biosciences was $13.0 million, or ($0.51) per basic and diluted share for Q3 2022.

Headline financials

Total Revenue

$58.9K

Previous: $502K-88.3%
EPS (adj)

-$102.00

Previous: -$60.00-70.0%
Capital Expenditures

$15.9M

Previous: -$2.26M+803.2%
Free Cash Flow

-$12.3M

Previous: -$13.5M+8.3%
Net Income

-$13M

Previous: -$7.43M-74.9%
Operating Income

-$10.5M

Previous: -$7.57M-39.3%
Gross Profit

-$6.3M

Previous: $502K-1356.8%
Cash & Equivalents

$57.4M

Previous: $7.88M+628.2%
Total Assets

$120M

Previous: $133M-9.6%
Stock-Based Comp

$717K

Previous: $873K-17.8%

Revenue & EPS history

Scorpius Holdings · Revenue · Quarterly

$58.9K

Q3 2022-88.3%vs Q3 2021
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Revenue by segment

Scorpius Holdings · $459K total across 1 segment · Q2 2021

  • Grant and Contract Revenue
    $459K

Forward guidance

The company is focused on advancing its biodefense and biomanufacturing efforts, including investments in its Scorpion San Antonio biologics manufacturing facility and a planned facility in Manhattan, Kansas. The company is deprioritizing oncology programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-0.3%

Avg return

Earnings day

+100.8%

Avg return

5 days after

+129.2%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+5.2%

Q1 2021

Best reaction

-9.6%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+0.0%+1350.0%+3100.0%
Q2 2025+0.0%+900.0%-60.0%
Q1 2025-1.4%+0.7%+4.1%
Q4 2024+0.0%-1.5%-2.9%
Q1 2026+2.8%-41.4%-41.1%
Q1 2024+2.8%-41.4%-41.1%
Q3 2024+3.5%+12.6%-35.6%
Q4 2023+0.0%+2.1%-19.1%
Q3 2023-0.8%-13.7%-34.5%
Q2 2023-1.6%-12.9%-2.9%
Q1 2023-0.0%-4.0%-24.6%
Q4 2022-0.0%-4.0%-24.6%
Q3 2022+2.3%-4.4%-33.6%
Q2 2022+0.4%-11.5%-22.2%
Q1 2022-1.0%-5.8%-23.3%
Q4 2021-9.4%+12.4%+17.9%
Q3 2021-2.5%-7.2%-21.6%
Q2 2021+1.2%-4.3%-4.1%
Q1 2021+5.2%+6.2%-0.7%
Q4 2020+1.8%-8.9%-10.3%
Q3 2020-9.6%-7.0%-7.0%

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