Innerscope Hear Financials
This page shows Innerscope Hear (INND) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2020 annual data. Scores normalized against common benchmarks. How we calculate these scores
Innerscope Hear has an operating margin of -740.0%, meaning the company retains $-740 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -442.1% the prior year.
Innerscope Hear's revenue declined 80.4% year-over-year, from $847K to $166K. This contraction results in a growth score of 0/100.
Innerscope Hear's current ratio of 0.00 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Innerscope Hear generated -$524K in operating cash flow, capex of $7K consumed most of it, leaving -$531K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Innerscope Hear passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Innerscope Hear generates $0.11 in operating cash flow (-$524K OCF vs -$5.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Innerscope Hear generated $166K in revenue in fiscal year 2020. This represents a decrease of 80.4% from the prior year.
Innerscope Hear's EBITDA was -$1.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 69.2% from the prior year.
Innerscope Hear generated -$531K in free cash flow in fiscal year 2020, representing cash available after capex. This represents an increase of 82.2% from the prior year.
Innerscope Hear reported -$5.0M in net income in fiscal year 2020. This represents an increase of 37.5% from the prior year.
Innerscope Hear held $3K in cash against $0 in long-term debt as of fiscal year 2020.
Innerscope Hear had 3.63B shares outstanding in fiscal year 2020. This represents an increase of 960.6% from the prior year.
Innerscope Hear's gross margin was 58.6% in fiscal year 2020, indicating the percentage of revenue retained after direct costs. This is up 17.2 percentage points from the prior year.
Innerscope Hear's operating margin was -740.0% in fiscal year 2020, reflecting core business profitability. This is down 297.9 percentage points from the prior year.
Innerscope Hear's net profit margin was -2982.2% in fiscal year 2020, showing the share of revenue converted to profit. This is down 2046.7 percentage points from the prior year.
Innerscope Hear invested $7K in capex in fiscal year 2020, funding long-term assets and infrastructure. This represents a decrease of 85.3% from the prior year.
INND Income Statement
| Metric | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q3'19 | Q3'19 | Q2'19 | Q1'19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22K-54.0% | $47K+198.7% | $16K-80.5% | $81K-57.3% | $190K-24.2% | $251K+14.2% | $220K+17.8% | $187K |
| Cost of Revenue | $6K+0.6% | $6K-28.5% | $8K-83.9% | $49K-76.7% | $212K+105.7% | $103K+3.6% | $99K+20.8% | $82K |
| Gross Profit | $16K-61.4% | $42K+427.3% | $8K-75.1% | $32K+245.7% | -$22K-114.7% | $148K+22.9% | $120K+15.4% | $104K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$149K+51.7% | -$308K+7.0% | -$331K+25.0% | -$442K+55.8% | -$998K-16.7% | -$855K+16.1% | -$1.0M-16.8% | -$873K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | -$1.1M-52.3% | -$728K-43.8% | -$507K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$745K-65.3% | -$451K-118.5% | $2.4M+139.4% | -$6.2M-110.6% | -$2.9M-100.0% | -$1.5M+2.2% | -$1.5M+24.8% | -$2.0M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
INND Balance Sheet
| Metric | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q3'19 | Q3'19 | Q2'19 | Q1'19 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.7M-39.6% | $2.8M-2.7% | $2.9M-4.4% | $3.0M-5.6% | $3.2M-24.8% | $4.2M+0.9% | $4.2M+5.6% | $4.0M |
| Current Assets | $23K-19.5% | $29K+2.2% | $28K-39.5% | $47K-68.9% | $151K-78.4% | $700K+17.5% | $596K-7.7% | $646K |
| Cash & Equivalents | $3K-29.3% | $5K-55.9% | $11K-9.4% | $12K+166.2% | $4K-57.4% | $10K+108.8% | $5K-85.6% | $35K |
| Inventory | $5K-19.4% | $6K+300.8% | $1K-82.2% | $8K-56.7% | $19K-86.0% | $134K+13.4% | $118K-11.1% | $133K |
| Accounts Receivable | $12K-14.1% | $14K+18.9% | $12K-33.7% | $18K-64.1% | $51K+58.5% | $32K+43.0% | $23K-6.9% | $24K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $12.0M-3.0% | $12.4M+3.1% | $12.0M-18.9% | $14.8M+52.7% | $9.7M+18.5% | $8.2M+4.0% | $7.9M+17.9% | $6.7M |
| Current Liabilities | $10.4M-2.8% | $10.7M+4.4% | $10.3M-22.5% | $13.2M+64.7% | $8.0M+27.4% | $6.3M+6.2% | $5.9M+20.9% | $4.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $954K-0.2% | $957K-0.4% | $961K |
| Total Equity | -$10.4M-7.6% | -$9.6M-4.9% | -$9.2M+22.5% | -$11.8M-81.0% | -$6.5M-64.2% | -$4.0M-7.4% | -$3.7M-35.8% | -$2.7M |
| Retained Earnings | -$19.3M-4.0% | -$18.5M-2.5% | -$18.1M+11.9% | -$20.5M-43.4% | -$14.3M-25.9% | -$11.4M-14.9% | -$9.9M-18.0% | -$8.4M |
INND Cash Flow Statement
| Metric | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q3'19 | Q3'19 | Q2'19 | Q1'19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$62K-291.1% | -$16K+93.7% | -$251K-29.6% | -$194K+69.9% | -$644K-7.3% | -$600K+33.1% | -$897K-14.3% | -$785K |
| Capital Expenditures | $2K | $0-100.0% | $3K+0.2% | $3K | $0-100.0% | $3K-88.5% | $29K+67.1% | $17K |
| Free Cash Flow | -$64K-303.2% | -$16K+93.7% | -$254K-29.2% | -$197K+69.5% | -$644K-6.7% | -$603K+34.8% | -$926K-15.4% | -$802K |
| Investing Cash Flow | $12K | $0+100.0% | -$16K-503.2% | -$3K-119.2% | $14K+516.8% | -$3K+92.3% | -$43K-63.2% | -$27K |
| Financing Cash Flow | $49K+398.2% | $10K-96.3% | $266K+30.5% | $204K-67.3% | $624K+2.5% | $609K-33.1% | $910K+20.0% | $759K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
INND Financial Ratios
| Metric | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q3'19 | Q3'19 | Q2'19 | Q1'19 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.8%-14.2pp | 88.0%+38.1pp | 49.8%+10.7pp | 39.1%+50.6pp | -11.5%-70.4pp | 58.9%+4.2pp | 54.7%-1.1pp | 55.8% |
| Operating Margin | -682.5%-31.9pp | -650.7%+1437.8pp | -2088.4%-1544.2pp | -544.2%-19.1pp | -525.1%-184.1pp | -341.0%+122.7pp | -463.8%+4.0pp | -467.8% |
| Net Margin | -3420.0%-2467.2pp | -952.9%-16369.1pp | 15416.2%+23058.0pp | -7641.8%-6093.5pp | -1548.4%-961.4pp | -587.0%+98.3pp | -685.3%+388.6pp | -1073.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -44.3%-28.1pp | -16.2%-101.4pp | 85.3%+292.2pp | -206.9%-114.2pp | -92.7%-57.8pp | -34.9%+1.1pp | -36.0%+14.6pp | -50.6% |
| Current Ratio | 0.000.0 | 0.000.0 | 0.000.0 | 0.00-0.0 | 0.02-0.1 | 0.11+0.0 | 0.10-0.0 | 0.13 |
| Debt-to-Equity | -1.16+0.1 | -1.29+0.0 | -1.31-0.1 | -1.25+0.2 | -1.49-1.2 | -0.24+0.0 | -0.26+0.1 | -0.35 |
| FCF Margin | -294.3%-260.7pp | -33.6%+1569.6pp | -1603.2%-1360.8pp | -242.4%+96.3pp | -338.7%-98.1pp | -240.6%+181.0pp | -421.5%+8.7pp | -430.2% |
Note: Shareholder equity is negative (-$10.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Innerscope Hear's annual revenue?
Innerscope Hear (INND) reported $166K in total revenue for fiscal year 2020. This represents a -80.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Innerscope Hear's revenue growing?
Innerscope Hear (INND) revenue declined by 80.4% year-over-year, from $847K to $166K in fiscal year 2020.
Is Innerscope Hear profitable?
No, Innerscope Hear (INND) reported a net income of -$5.0M in fiscal year 2020, with a net profit margin of -2982.2%.
What is Innerscope Hear's EBITDA?
Innerscope Hear (INND) had EBITDA of -$1.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization.
What is Innerscope Hear's gross margin?
Innerscope Hear (INND) had a gross margin of 58.6% in fiscal year 2020, indicating the percentage of revenue retained after direct costs of goods sold.
What is Innerscope Hear's operating margin?
Innerscope Hear (INND) had an operating margin of -740.0% in fiscal year 2020, reflecting the profitability of core business operations before interest and taxes.
What is Innerscope Hear's net profit margin?
Innerscope Hear (INND) had a net profit margin of -2982.2% in fiscal year 2020, representing the share of revenue converted into profit after all expenses.
What is Innerscope Hear's free cash flow?
Innerscope Hear (INND) generated -$531K in free cash flow during fiscal year 2020. This represents a 82.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Innerscope Hear's operating cash flow?
Innerscope Hear (INND) generated -$524K in operating cash flow during fiscal year 2020, representing cash generated from core business activities.
What are Innerscope Hear's total assets?
Innerscope Hear (INND) had $1.7M in total assets as of fiscal year 2020, including both current and long-term assets.
What are Innerscope Hear's capital expenditures?
Innerscope Hear (INND) invested $7K in capital expenditures during fiscal year 2020, funding long-term assets and infrastructure.
How many shares does Innerscope Hear have outstanding?
Innerscope Hear (INND) had 3.63B shares outstanding as of fiscal year 2020.
What is Innerscope Hear's current ratio?
Innerscope Hear (INND) had a current ratio of 0.00 as of fiscal year 2020, which is below 1.0, which may suggest potential liquidity concerns.
What is Innerscope Hear's debt-to-equity ratio?
Innerscope Hear (INND) had a debt-to-equity ratio of -1.16 as of fiscal year 2020, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Innerscope Hear's return on assets (ROA)?
Innerscope Hear (INND) had a return on assets of -294.3% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.
What is Innerscope Hear's cash runway?
Based on fiscal year 2020 data, Innerscope Hear (INND) had $3K in cash against an annual operating cash burn of $524K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Innerscope Hear's debt-to-equity ratio negative or unusual?
Innerscope Hear (INND) has negative shareholder equity of -$10.4M as of fiscal year 2020, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Innerscope Hear's Piotroski F-Score?
Innerscope Hear (INND) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Innerscope Hear's earnings high quality?
Innerscope Hear (INND) has an earnings quality ratio of 0.11x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Innerscope Hear?
Innerscope Hear (INND) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.