NASDAQ$SCPX

Scorpius Holdings Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

NightHawk Biosciences' Q3 2023 strategic, financial, and operational updates were provided.

NightHawk Biosciences reported $0.6 million in revenue from process development and $0.1 million from service revenue for the third quarter of 2023. The company had approximately $9.5 million in cash, cash equivalents, and short-term investments as of September 30, 2023.

  • Recognized $0.6 million in revenue from process development.
  • Recognized $0.1 million from service revenue.
  • Research and development expenses decreased by approximately 3.7% to $5.2 million.
  • As of September 30, 2023, the Company had approximately $9.5 million in cash, cash equivalents, and short-term investments.

Headline financials

Total Revenue

$723K

Previous: $58.9K+1128.5%
EPS (adj)

-$100.00

Previous: -$102.00+2.0%
Capital Expenditures

-$816K

Previous: $15.9M-105.1%
Free Cash Flow

-$9.23M

Previous: -$12.3M+25.2%
Net Income

-$13.1M

Previous: -$13M-1.0%
Operating Income

-$11.1M

Previous: -$10.5M-4.9%
Gross Profit

-$3.02M

Previous: -$6.3M+52.1%
Cash & Equivalents

$9.5M

Previous: $57.4M-83.4%
Total Assets

$69.9M

Previous: $120M-41.7%
R&D Expense

$5.16M

No prior period
Stock-Based Comp

$636K

Previous: $717K-11.3%

Revenue & EPS history

Scorpius Holdings · Revenue · Quarterly

$723K

Q3 2023+1,128.5%vs Q3 2022
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 evaluating strategic options to maximize the potential of the Scorpius San Antonio facility, and will provide updates in the near future.

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 2023

Historical avgQ3 2023

-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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