$3.42M Market Cap.
ARTL Market Cap. (MRY)
ARTL Shares Outstanding (MRY)
ARTL Assets (MRY)
Total Assets
$4.70M
Total Liabilities
$1.84M
Total Investments
$0
ARTL Income (MRY)
Revenue
$0
Net Income
-$9.83M
Operating Expense
$10.11M
ARTL Cash Flow (MRY)
CF Operations
-$8.35M
CF Investing
$7.77M
CF Financing
$112.00K
ARTL Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
ARTL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $4,698,000 (-63.98%) | $13,043,000 (-36.14%) | $20,424,000 (61.65%) | $12,635,000 (188.73%) |
Assets Current | $2,557,000 (-76.71%) | $10,980,000 (-40.07%) | $18,322,000 (77.59%) | $10,317,000 (341.46%) |
Assets Non-Current | $2,141,000 (3.78%) | $2,063,000 (-1.86%) | $2,102,000 (-9.32%) | $2,318,000 (13.68%) |
Goodwill & Intangible Assets | $2,039,000 (0.00%) | $2,039,000 (0.00%) | $2,039,000 (0.00%) | $2,039,000 (0.00%) |
Shareholders Equity | $2,857,000 (-75.69%) | $11,752,000 (-39.43%) | $19,403,000 (61.13%) | $12,042,000 (210.76%) |
Property Plant & Equipment Net | $99,000 (371.43%) | $21,000 (-65.00%) | $60,000 (-33.33%) | $90,000 (0%) |
Cash & Equivalents | $2,338,000 (-16.94%) | $2,815,000 (-59.13%) | $6,888,000 (3.91%) | $6,629,000 (209.48%) |
Accumulated Other Comprehensive Income | -$202,000 (0.49%) | -$203,000 (20.08%) | -$254,000 (-1511.11%) | $18,000 (-71.88%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $7,611,000 (-28.50%) | $10,645,000 (209.81%) | $3,436,000 (0%) |
Investments Current | $0 (0%) | $7,611,000 (-28.50%) | $10,645,000 (209.81%) | $3,436,000 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $1,740,000 (37.22%) | $1,268,000 (32.36%) | $958,000 (92.37%) | $498,000 (-0.60%) |
Accumulated Retained Earnings (Deficit) | -$50,136,000 (-24.38%) | -$40,310,000 (-29.94%) | -$31,021,000 (-83.52%) | -$16,903,000 (-78.57%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $104,000 (352.17%) | $23,000 (-63.49%) | $63,000 (-33.68%) | $95,000 (0%) |
Debt Current | $35,000 (52.17%) | $23,000 (-42.50%) | $40,000 (42.86%) | $28,000 (0%) |
Debt Non-Current | $69,000 (0%) | $0 (0%) | $23,000 (-65.67%) | $67,000 (0%) |
Total Liabilities | $1,841,000 (42.60%) | $1,291,000 (26.44%) | $1,021,000 (72.18%) | $593,000 (18.36%) |
Liabilities Current | $1,772,000 (37.26%) | $1,291,000 (29.36%) | $998,000 (89.73%) | $526,000 (4.99%) |
Liabilities Non-Current | $69,000 (0%) | $0 (0%) | $23,000 (-65.67%) | $67,000 (0%) |
ARTL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $4,115,000 (-2.81%) | $4,234,000 (-29.00%) | $5,963,000 (29.57%) | $4,602,000 (66.32%) |
Research & Development Expense | $5,993,000 (5.21%) | $5,696,000 (31.73%) | $4,324,000 (52.31%) | $2,839,000 (47.94%) |
Operating Expenses | $10,108,000 (1.79%) | $9,930,000 (-3.47%) | $10,287,000 (38.25%) | $7,441,000 (58.79%) |
Interest Expense | $0 (0%) | $0 (0%) | $5,000 (0%) | $0 (0%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$9,826,000 (-5.78%) | -$9,289,000 (7.87%) | -$10,083,000 (-35.58%) | -$7,437,000 (-59.76%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$9,826,000 (-5.78%) | -$9,289,000 (7.87%) | -$10,083,000 (-35.58%) | -$7,437,000 (-59.76%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$9,826,000 (-5.78%) | -$9,289,000 (7.87%) | -$10,083,000 (-35.58%) | -$7,437,000 (-59.76%) |
Weighted Average Shares | $3,223,000 (8.89%) | $2,960,000 (4.48%) | $2,833,000 (127.55%) | $1,245,000 (403.69%) |
Weighted Average Shares Diluted | $3,223,000 (8.89%) | $2,960,000 (4.48%) | $2,833,000 (127.55%) | $1,245,000 (403.69%) |
Earning Before Interest & Taxes (EBIT) | -$9,826,000 (-5.78%) | -$9,289,000 (7.83%) | -$10,078,000 (-35.51%) | -$7,437,000 (-59.76%) |
Gross Profit | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Income | -$10,108,000 (-1.79%) | -$9,930,000 (3.47%) | -$10,287,000 (-38.25%) | -$7,441,000 (-58.79%) |
ARTL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $7,769,000 (121.53%) | $3,507,000 (18.56%) | $2,958,000 (186.01%) | -$3,439,000 (0%) |
Net Cash Flow from Financing | $112,000 (-80.25%) | $567,000 (0%) | $0 (0%) | $14,112,000 (612.37%) |
Net Cash Flow from Operations | -$8,350,000 (-1.74%) | -$8,207,000 (-2.49%) | -$8,008,000 (-30.40%) | -$6,141,000 (-41.27%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$477,000 (88.29%) | -$4,073,000 (22.77%) | -$5,274,000 (-217.54%) | $4,487,000 (296.63%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $7,769,000 (121.53%) | $3,507,000 (18.56%) | $2,958,000 (186.01%) | -$3,439,000 (0%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | -$7,000 (-333.33%) |
Issuance (Purchase) of Equity Shares | $112,000 (-80.25%) | $567,000 (0%) | $0 (0%) | $14,119,000 (613.80%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$8,000 (-113.33%) | $60,000 (126.79%) | -$224,000 (-397.78%) | -$45,000 (-153.57%) |
Share Based Compensation | $818,000 (-19.80%) | $1,020,000 (-58.50%) | $2,458,000 (60.55%) | $1,531,000 (301.84%) |
Depreciation Amortization & Accretion | $33,000 (-17.50%) | $40,000 (2.56%) | $39,000 (457.14%) | $7,000 (0%) |
ARTL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | - | - | - | - |
Profit Margin | - | - | - | - |
EBITDA Margin | - | - | - | - |
Return on Average Equity (ROAE) | -150.90% (-144.57%) | -61.70% (-38.96%) | -44.40% (52.46%) | -93.40% (20.91%) |
Return on Average Assets (ROAA) | -128.80% (-121.69%) | -58.10% (-35.43%) | -42.90% (50.92%) | -87.40% (17.55%) |
Return on Sales (ROS) | - | - | - | - |
Return on Invested Capital (ROIC) | -396.20% (-264.15%) | -108.80% (-26.07%) | -86.30% (81.26%) | -460.50% (-128.87%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.35 (21.97%) | -0.45 (45.07%) | -0.81 (64.53%) | -2.29 (-200.39%) |
Price to Sales Ratio (P/S) | - | - | - | - |
Price to Book Ratio (P/B) | 1.2 (215.26%) | 0.38 (-10.59%) | 0.42 (-77.06%) | 1.85 (66.34%) |
Debt to Equity Ratio (D/E) | 0.64 (485.45%) | 0.11 (107.55%) | 0.05 (8.16%) | 0.05 (-62.02%) |
Earnings Per Share (EPS) | -3.05 (2.87%) | -3.14 (11.80%) | -3.56 (40.37%) | -5.97 (68.41%) |
Sales Per Share (SPS) | 0 (0%) | 0 (0%) | 0 (0%) | 0 (0%) |
Free Cash Flow Per Share (FCFPS) | -2.59 (6.56%) | -2.77 (1.91%) | -2.83 (42.69%) | -4.93 (71.95%) |
Book Value Per Share (BVPS) | 0.89 (-77.68%) | 3.97 (-42.04%) | 6.85 (-29.19%) | 9.67 (-38.30%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.82 (-77.81%) | 3.72 (-42.71%) | 6.49 (-23.75%) | 8.51 (-9.98%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | 0 (0%) | 0 (0%) | -2 (-100.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 0.08 (141.79%) | -0.2 (-68.91%) | -0.12 (92.79%) | -1.65 (-153.07%) |
Asset Turnover | 0 (0%) | 0 (0%) | 0 (0%) | 0 (0%) |
Current Ratio | 1.44 (-83.03%) | 8.51 (-53.67%) | 18.36 (-6.40%) | 19.61 (320.45%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$8,350,000 (-1.74%) | -$8,207,000 (-2.49%) | -$8,008,000 (-30.40%) | -$6,141,000 (-41.27%) |
Enterprise Value (EV) | -$823,638 (-144.34%) | $1,857,543 (55.97%) | $1,190,938 (-90.29%) | $12,259,280 (303.63%) |
Earnings Before Tax (EBT) | -$9,826,000 (-5.78%) | -$9,289,000 (7.87%) | -$10,083,000 (-35.58%) | -$7,437,000 (-59.76%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$9,793,000 (-5.88%) | -$9,249,000 (7.87%) | -$10,039,000 (-35.11%) | -$7,430,000 (-59.61%) |
Invested Capital | -$1,347,000 (-119.46%) | $6,921,000 (-34.47%) | $10,562,000 (198.70%) | $3,536,000 (1255.56%) |
Working Capital | $785,000 (-91.90%) | $9,689,000 (-44.07%) | $17,324,000 (76.94%) | $9,791,000 (433.28%) |
Tangible Asset Value | $2,659,000 (-75.84%) | $11,004,000 (-40.15%) | $18,385,000 (73.51%) | $10,596,000 (353.40%) |
Market Capitalization | $3,421,362 (-23.37%) | $4,464,543 (-45.90%) | $8,252,938 (-63.01%) | $22,311,568 (416.89%) |
Average Equity | $6,513,500 (-56.75%) | $15,059,000 (-33.75%) | $22,731,000 (185.62%) | $7,958,500 (101.85%) |
Average Assets | $7,628,500 (-52.25%) | $15,974,250 (-31.99%) | $23,487,000 (176.14%) | $8,505,500 (93.64%) |
Invested Capital Average | $2,480,000 (-70.96%) | $8,539,750 (-26.88%) | $11,679,750 (623.20%) | $1,615,000 (653.44%) |
Shares | 3,227,700 (1.21%) | 3,188,959 (11.67%) | 2,855,688 (74.88%) | 1,632,933 (444.75%) |
