ADAMAS ONE CORP (JEWL) Financials
Newest figures come from the 10-Q for Q3 FY2024, filed Oct 23, 2024. Each column of the statement tables below links to the filing it was taken from.
ADAMAS ONE CORP (JEWL) reported $1.0M in revenue for fiscal year 2023, down 43.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
The business currently relies on financing: shrinking sales coexist with better gross margins but sharply greater operating cash needs.
Gross margin expanded from66.3% to74.9% as sales contracted, suggesting improved gross economics without evidence that scale is driving the business. Meanwhile, operating cash flow worsened from-$3.2M to-$6.8M , so that gross-profit improvement did not translate into operating cash.
The balance sheet shifted from negative equity in FY2022 to positive equity in FY2023, but liabilities remained
Financing cash flow increased from
Financial Health Signals
ADAMAS ONE CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ADAMAS ONE CORP passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
ADAMAS ONE CORP reported a net loss of $22.5M while operations used $6.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
ADAMAS ONE CORP reported an operating loss of $20.1M against $438K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
ADAMAS ONE CORP generated $180K in revenue in Q3 2024. This represents a decrease of 38.2% from the same quarter a year earlier. Against the prior quarter it is up 1467.6%.
ADAMAS ONE CORP's EBITDA was -$1.9M in Q3 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.7% from the same quarter a year earlier. Against the prior quarter it is up 48.7%.
ADAMAS ONE CORP reported -$2.2M in net income in Q3 2024. This represents an increase of 51.6% from the same quarter a year earlier. Against the prior quarter it is up 55.2%.
Not reported for Q3 2024.
Cash & Balance Sheet
ADAMAS ONE CORP held $16K in cash as of Q3 2024; long-term debt is not reported for that period.
Not reported for Q3 2024.
Not reported for Q3 2024.
Margins & Returns
ADAMAS ONE CORP's gross margin was 10.3% in Q3 2024, indicating the percentage of revenue retained after direct costs. This is down 14.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 29.8 percentage points.
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2024.
Capital Allocation
None of these metrics is reported for Q3 2024.
JEWL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $180K-38.2% | $11K-89.9% | $220K-69.7% | N/A | $291K-52.9% | $114K-76.5% | $726K | N/A |
| Cost of Revenue | $161K-26.0% | $14K-69.6% | $287K+112.7% | N/A | $218K+0.9% | $45K-69.2% | $135K | N/A |
| Gross Profit | $19K-74.7% | -$2K-103.3% | -$67K-111.3% | N/A | $73K-81.8% | $69K-79.6% | $591K | N/A |
| SG&A Expenses | $1.5M-64.2% | $2.0M-39.1% | $1.2M-51.7% | N/A | $4.3M+209.8% | $3.3M+425.3% | $2.6M+286.0% | N/A |
| Operating Income | -$1.9M+57.0% | -$3.7M+24.3% | -$1.9M+72.4% | N/A | -$4.5M-297.3% | -$4.9M-22.5% | -$6.7M-573.7% | N/A |
| EBITDA | -$1.9M+56.7% | -$3.7M+23.4% | -$1.8M+72.4% | N/A | -$4.4M-325.9% | -$4.8M-23.0% | -$6.6M-634.6% | N/A |
| Interest Expense | $179K+187.2% | -$331K-1121.3% | $207K-90.8% | N/A | $62K-89.8% | -$27K-128.7% | $2.2M+2044.6% | N/A |
| Net Income | -$2.2M+51.6% | -$4.9M+0.9% | -$3.0M+66.3% | N/A | -$4.5M-161.3% | -$4.9M-20.3% | -$9.0M-713.1% | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
JEWL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.4M-13.8% | $12.6M+1.8% | $12.9M-10.8% | $12.9M+61.4% | $13.2M | $12.4M | $14.5M | $8.0M |
| Current Assets | $1.4M-36.3% | $1.6M-50.9% | $1.8M-66.1% | $1.7M+16.7% | $2.1M | $3.2M | $5.3M | $1.4M |
| Cash & Equivalents | $16K-97.5% | $64K-92.9% | $340K-90.2% | $26K-70.4% | $651K | $906K+903.6% | $3.5M+1492.8% | $88K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.3M+16.4% | $1.5M+66.2% | $1.5M+382.3% | $1.6M+2549.9% | $1.1M | $895K | $302K | $59K |
| Accounts Receivable | $15K-95.6% | $15K-98.9% | $8K-99.5% | $80K-93.7% | $346K | $1.4M | $1.6M | $1.3M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $5.4M0.0% | $5.4M0.0% | $5.4M0.0% | $5.4M0.0% | $5.4M | $5.4M | $5.4M | $5.4M |
| Total Liabilities | $13.0M+39.1% | $13.1M+53.1% | $11.8M+41.3% | $9.8M-23.5% | $9.4M | $8.6M | $8.4M | $12.8M |
| Current Liabilities | $12.7M+54.7% | $11.8M+59.3% | $10.4M+45.8% | $8.3M-35.2% | $8.2M | $7.4M | $7.1M | $12.8M |
| Non-Current Liabilities | $371K-68.8% | $1.4M+14.6% | $1.4M+14.9% | $1.5M | $1.2M | $1.2M | $1.2M | $0 |
| Total Equity | -$1.7M-140.8% | -$506K-112.4% | $1.1M-82.2% | $3.1M+168.9% | $4.1M+160.6% | $4.1M+152.6% | $6.4M+187.5% | -$4.5M |
| Retained Earnings | -$73.7M-23.3% | -$71.5M-29.5% | -$66.6M-32.5% | -$63.6M-53.9% | -$59.8M | -$55.2M | -$50.3M | -$41.3M |
Not reported in any period shown, so not listed: Long-Term Debt.
JEWL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$161K+92.0% | -$1.2M+48.4% | -$712K+58.2% | -$666K+58.3% | -$2.0M-649.8% | -$2.4M-469.7% | -$1.7M-97.1% | -$1.6M |
| Depreciation & Amortization | $30K-69.9% | $30K-69.9% | $30K-69.9% | $133K+34.8% | $99K0.0% | $99K+2.7% | $99K+2.7% | $99K |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | N/A | $3.7M | N/A |
| Investing Cash Flow | N/A | N/A | N/A | $0 | $0 | -$165K | -$1.3M | N/A |
| Financing Cash Flow | $113K-93.6% | $956K | $1.0M-83.9% | $41K-97.6% | $1.8M+887.1% | $0-100.0% | $6.4M+676.5% | $1.7M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
JEWL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.3%-14.8pp | -19.6%-79.9pp | -30.5%-111.9pp | N/A | 25.1%-39.9pp | 60.4%-9.4pp | 81.4% | N/A |
| Operating Margin | -1071.3% | -32472.0% | -846.3% | N/A | -1538.4% | -4317.4% | -927.4% | N/A |
| Net Margin | -1220.9% | -42749.8% | -1377.7% | N/A | -1559.8% | -4341.2% | -1236.4% | N/A |
| Return on Equity | N/A | N/A | -265.4%-125.3pp | N/A | -111.6% | -121.4% | -140.1% | N/A |
| Return on Assets | -19.3%+15.1pp | -38.8%+1.1pp | -23.4%+38.5pp | N/A | -34.4% | -39.9% | -61.9% | N/A |
| Current Ratio | 0.11-0.2x | 0.13-0.3x | 0.17-0.6x | 0.20+0.1x | 0.26 | 0.43 | 0.75 | 0.11 |
| Debt-to-Equity | N/A | N/A | 10.35+9.0x | 3.13 | 2.30 | 2.10 | 1.30 | N/A |
| Asset Turnover | 0.020.0x | 0.000.0x | 0.020.0x | N/A | 0.02 | 0.01 | 0.05 | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| ADAMAS ONE CORP JEWL | FY2023 | $1.0M | -$22.5M | N/A | N/A | — |
| CHARLES & COLVARD INC CTHR | FY2024 | $22.0M | -$14.4M | -65.4% | N/A | — |
Where ADAMAS ONE CORP Ranks
Frequently Asked Questions
What is ADAMAS ONE CORP's annual revenue?
ADAMAS ONE CORP (JEWL) reported $1.0M in total revenue for fiscal year 2023. This represents a -43.7% 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 ADAMAS ONE CORP's revenue growing?
ADAMAS ONE CORP (JEWL) revenue declined by 43.7% year-over-year, from $1.8M to $1.0M in fiscal year 2023.
Is ADAMAS ONE CORP profitable?
No, ADAMAS ONE CORP (JEWL) reported a net income of -$22.5M in fiscal year 2023.
What is ADAMAS ONE CORP's EBITDA?
ADAMAS ONE CORP (JEWL) had EBITDA of -$19.6M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.
What is ADAMAS ONE CORP's gross margin?
ADAMAS ONE CORP (JEWL) had a gross margin of 74.9% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What is ADAMAS ONE CORP's return on equity (ROE)?
ADAMAS ONE CORP (JEWL) has a return on equity of -721.8% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.
What is ADAMAS ONE CORP's operating cash flow?
ADAMAS ONE CORP (JEWL) recorded an outflow of $6.8M in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are ADAMAS ONE CORP's total assets?
ADAMAS ONE CORP (JEWL) had $12.9M in total assets as of fiscal year 2023, including both current and long-term assets.
How much does ADAMAS ONE CORP spend on research and development?
ADAMAS ONE CORP (JEWL) invested $200K in research and development during fiscal year 2023.
What is ADAMAS ONE CORP's current ratio?
ADAMAS ONE CORP (JEWL) had a current ratio of 0.20 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is ADAMAS ONE CORP's debt-to-equity ratio?
ADAMAS ONE CORP (JEWL) had a debt-to-equity ratio of 3.13 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ADAMAS ONE CORP's return on assets (ROA)?
ADAMAS ONE CORP (JEWL) had a return on assets of -174.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
How does ADAMAS ONE CORP's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, ADAMAS ONE CORP (JEWL) held $26K in cash, cash equivalents and investments, and reported an operating cash outflow of $6.8M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is ADAMAS ONE CORP's Piotroski F-Score?
ADAMAS ONE CORP (JEWL) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ADAMAS ONE CORP's earnings high quality?
ADAMAS ONE CORP (JEWL) reported a net loss of $22.5M while operations used $6.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can ADAMAS ONE CORP cover its interest payments?
ADAMAS ONE CORP (JEWL) reported an operating loss of $20.1M against $438K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.