Lucent Inc Financials

LUCN

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2024 Currency USD FYE December

This page shows Lucent Inc (LUCN) 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

Financial Profile 17/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Lucent Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Lucent Inc carries a low D/E ratio of -1.00, meaning only $-1.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Lucent Inc's current ratio of 0.00 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Earnings Quality Low Quality

0.62x

For every $1 of reported earnings, Lucent Inc generates $0.62 in operating cash flow (-$10K OCF vs -$15K 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

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Earnings & Revenue

Revenue

Lucent Inc generated $0 in revenue in fiscal year 2023.

EBITDA

N/A

Net Income

-$15K

YoY-2.3%

Lucent Inc reported -$15K in net income in fiscal year 2023. This represents a decrease of 2.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

Lucent Inc held $0 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

5Y CAGR+6.1%

Lucent Inc had 6M shares outstanding in fiscal year 2023. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

LUCN Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	$0	$0	$0	$0	$0	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$8K+0.9%	$8K+33.3%	$6K-24.1%	$8K-0.2%	$8K+17488.9%	$45
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$0	$0	$0	$0	N/A
Income Tax	$0	$0	$0	$0	$0	N/A
Net Income	-$15K-2.3%	-$15K+28.9%	-$21K-19.9%	-$18K+35.7%	-$27K-61.5%	-$17K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$0	$0	$0	N/A	$0	$0	$0	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2K-6.9%	$2K-22.2%	$3K	N/A	$2K0.0%	$2K0.0%	$2K	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	$0	$0	$0	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$6K+26.2%	-$9K-19.2%	-$7K	N/A	-$4K0.0%	-$4K-16.9%	-$3K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LUCN Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$0	$0-100.0%	$8K-61.5%	$21K-52.2%	$44K+23.7%	$35K
Current Assets	$0	$0-100.0%	$8K-61.5%	$21K-52.2%	$44K+23.7%	$35K
Cash & Equivalents	$0	$0-100.0%	$8K-61.5%	$21K-52.2%	$44K+23.7%	$35K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$33K+86.6%	$18K+64.1%	$11K+315.4%	$3K-67.1%	$8K0.0%	$8K
Current Liabilities	$17K-5.7%	$18K+64.1%	$11K+315.4%	$3K-67.1%	$8K	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$33K-86.6%	-$18K-551.5%	-$3K-114.8%	$18K-48.9%	$36K+30.5%	$28K
Retained Earnings	-$119K-14.8%	-$104K-16.9%	-$89K-31.2%	-$68K-35.2%	-$50K-238.8%	-$15K

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$0	$0	$0	$0	$0	$0	N/A	$0
Current Assets	$0	$0	$0	$0	$0	$0	N/A	$0
Cash & Equivalents	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$55K+13.0%	$49K+21.4%	$40K+21.8%	$33K+15.7%	$29K+15.3%	$25K	N/A	$18K
Current Liabilities	$23K+11.4%	$20K+5.0%	$19K+15.3%	$17K-41.5%	$29K+15.3%	$25K	N/A	$18K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$55K-13.0%	-$49K-21.4%	-$40K-21.8%	-$33K-15.7%	-$29K-15.3%	-$25K-18.1%	-$21K-18.3%	-$18K
Retained Earnings	-$141K-4.7%	-$135K-6.8%	-$126K-6.1%	-$119K-3.9%	-$115K-3.4%	-$111K	N/A	-$104K

LUCN Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	-$10K+31.2%	-$14K+0.1%	-$14K+39.3%	-$23K+16.3%	-$27K-302.7%	-$7K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	N/A	N/A	N/A	N/A
Financing Cash Flow	$10K+64.7%	$6K+480.0%	$1K	$0-100.0%	$36K+22.3%	$29K
Dividends Paid	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

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$4K+47.0%	-$8K-64.0%	-$5K-94.4%	-$2K-60.0%	-$2K0.0%	-$2K+63.9%	-$4K	$0
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	$0	$0	N/A	N/A	$0	$0	N/A
Financing Cash Flow	$4K-47.0%	$8K+64.0%	$5K+94.4%	$2K+60.0%	$2K0.0%	$2K-63.9%	$4K	$0
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

LUCN Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	-95.8%-19.7pp	-76.1%-14.6pp	-61.4%
Return on Assets	N/A	N/A	-261.1%-177.3pp	-83.9%-21.5pp	-62.4%-14.6pp	-47.8%
Current Ratio	0.000.0	0.00-0.7	0.75-7.3	8.07+2.5	5.55	N/A
Debt-to-Equity	-1.000.0	-1.00+3.0	-3.97-4.1	0.14-0.1	0.22-0.1	0.29
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00	N/A	0.00
Debt-to-Equity	-1.000.0	-1.000.0	-1.000.0	-1.000.0	-1.000.0	-1.00	N/A	-1.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$33K), 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 Lucent Inc's annual revenue?

Lucent Inc (LUCN) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Lucent Inc profitable?

No, Lucent Inc (LUCN) reported a net income of -$15K in fiscal year 2023.

What is Lucent Inc's operating cash flow?

Lucent Inc (LUCN) generated -$10K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Lucent Inc's total assets?

Lucent Inc (LUCN) had $0 in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Lucent Inc have outstanding?

Lucent Inc (LUCN) had 6M shares outstanding as of fiscal year 2023.

What is Lucent Inc's current ratio?

Lucent Inc (LUCN) had a current ratio of 0.00 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Lucent Inc's debt-to-equity ratio?

Lucent Inc (LUCN) had a debt-to-equity ratio of -1.00 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lucent Inc's cash runway?

Based on fiscal year 2023 data, Lucent Inc (LUCN) had $0 in cash against an annual operating cash burn of $10K. 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 Lucent Inc's debt-to-equity ratio negative or unusual?

Lucent Inc (LUCN) has negative shareholder equity of -$33K as of fiscal year 2023, 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.

Are Lucent Inc's earnings high quality?

Lucent Inc (LUCN) has an earnings quality ratio of 0.62x, 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 Lucent Inc?

Lucent Inc (LUCN) scores 17 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.