$470.56M Market Cap.
TERN Market Cap. (MRY)
TERN Shares Outstanding (MRY)
TERN Assets (MRY)
Total Assets
$363.93M
Total Liabilities
$18.06M
Total Investments
$196.72M
TERN Income (MRY)
Revenue
$0
Net Income
-$88.85M
Operating Expense
$101.87M
TERN Cash Flow (MRY)
CF Operations
-$70.02M
CF Investing
-$12.41M
CF Financing
$164.00M
TERN 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% | - |
TERN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $363,929,000 (35.53%) | $268,517,000 (-6.45%) | $287,026,000 (70.78%) | $168,070,000 (82.11%) |
Assets Current | $362,109,000 (35.40%) | $267,432,000 (-6.23%) | $285,185,000 (70.84%) | $166,930,000 (83.70%) |
Assets Non-Current | $1,820,000 (67.74%) | $1,085,000 (-41.06%) | $1,841,000 (61.49%) | $1,140,000 (-19.77%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $345,870,000 (35.44%) | $255,367,000 (-7.79%) | $276,943,000 (72.76%) | $160,303,000 (236.50%) |
Property Plant & Equipment Net | $1,470,000 (42.86%) | $1,029,000 (-42.96%) | $1,804,000 (72.47%) | $1,046,000 (-10.98%) |
Cash & Equivalents | $161,439,000 (101.99%) | $79,926,000 (-44.20%) | $143,235,000 (200.29%) | $47,699,000 (-36.28%) |
Accumulated Other Comprehensive Income | -$279,000 (-1368.42%) | -$19,000 (97.69%) | -$822,000 (-143.20%) | -$338,000 (-172.58%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $196,725,000 (7.20%) | $183,514,000 (31.19%) | $139,879,000 (18.26%) | $118,283,000 (830.04%) |
Investments Current | $196,725,000 (7.20%) | $183,514,000 (31.19%) | $139,879,000 (18.26%) | $118,283,000 (830.04%) |
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 | $2,148,000 (-14.59%) | $2,515,000 (52.89%) | $1,645,000 (-22.62%) | $2,126,000 (127.38%) |
Accumulated Retained Earnings (Deficit) | -$421,481,000 (-26.71%) | -$332,628,000 (-37.21%) | -$242,418,000 (-33.14%) | -$182,073,000 (-38.02%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $1,490,000 (23.55%) | $1,206,000 (12.61%) | $1,071,000 (36.09%) | $787,000 (19.79%) |
Total Debt | $1,347,000 (123.38%) | $603,000 (-49.96%) | $1,205,000 (0%) | $0 (0%) |
Debt Current | $428,000 (-29.02%) | $603,000 (-8.77%) | $661,000 (0%) | $0 (0%) |
Debt Non-Current | $919,000 (0%) | $0 (0%) | $544,000 (0%) | $0 (0%) |
Total Liabilities | $18,059,000 (37.33%) | $13,150,000 (30.42%) | $10,083,000 (29.82%) | $7,767,000 (-67.23%) |
Liabilities Current | $15,650,000 (31.03%) | $11,944,000 (41.05%) | $8,468,000 (24.16%) | $6,820,000 (-70.12%) |
Liabilities Non-Current | $2,409,000 (99.75%) | $1,206,000 (-25.33%) | $1,615,000 (70.54%) | $947,000 (7.98%) |
TERN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $0 (0%) | $0 (0%) | $0 (0%) | $1,000,000 (0%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $31,759,000 (-18.69%) | $39,061,000 (74.29%) | $22,412,000 (14.65%) | $19,549,000 (117.31%) |
Research & Development Expense | $70,112,000 (10.42%) | $63,497,000 (60.28%) | $39,617,000 (26.53%) | $31,311,000 (11.71%) |
Operating Expenses | $101,871,000 (-0.67%) | $102,558,000 (65.34%) | $62,029,000 (21.96%) | $50,860,000 (37.37%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $260,000 (8.79%) | $239,000 (-33.24%) | $358,000 (-29.53%) | $508,000 (-37.52%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$88,853,000 (1.50%) | -$90,210,000 (-49.49%) | -$60,345,000 (-20.31%) | -$50,158,000 (-23.63%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$88,853,000 (1.50%) | -$90,210,000 (-49.49%) | -$60,345,000 (-20.31%) | -$50,158,000 (-25.23%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$88,853,000 (1.50%) | -$90,210,000 (-49.49%) | -$60,345,000 (-20.31%) | -$50,158,000 (-70.88%) |
Weighted Average Shares | $79,507,474 (11.57%) | $71,259,239 (97.76%) | $36,033,045 (58.69%) | $22,705,948 (7862.47%) |
Weighted Average Shares Diluted | $79,507,474 (11.57%) | $71,259,239 (97.76%) | $36,033,045 (58.69%) | $22,705,948 (7862.47%) |
Earning Before Interest & Taxes (EBIT) | -$88,593,000 (1.53%) | -$89,971,000 (-49.98%) | -$59,987,000 (-20.82%) | -$49,650,000 (-26.53%) |
Gross Profit | $0 (0%) | $0 (0%) | $0 (0%) | $1,000,000 (0%) |
Operating Income | -$101,871,000 (0.67%) | -$102,558,000 (-65.34%) | -$62,029,000 (-24.41%) | -$49,860,000 (-34.67%) |
TERN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$12,410,000 (67.33%) | -$37,987,000 (-70.56%) | -$22,272,000 (81.39%) | -$119,696,000 (-1888.38%) |
Net Cash Flow from Financing | $163,995,000 (290.92%) | $41,951,000 (-74.89%) | $167,095,000 (24.33%) | $134,393,000 (57.16%) |
Net Cash Flow from Operations | -$70,016,000 (-3.90%) | -$67,390,000 (-37.23%) | -$49,109,000 (-17.41%) | -$41,827,000 (-40.32%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $81,513,000 (228.75%) | -$63,309,000 (-166.27%) | $95,536,000 (451.82%) | -$27,155,000 (-143.46%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$12,368,000 (67.40%) | -$37,935,000 (-72.46%) | -$21,997,000 (81.57%) | -$119,356,000 (-1740.18%) |
Capital Expenditure | -$42,000 (19.23%) | -$52,000 (81.09%) | -$275,000 (19.12%) | -$340,000 (41.78%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | -$12,880,000 (-176.32%) |
Issuance (Purchase) of Equity Shares | $164,383,000 (288.66%) | $42,295,000 (-74.75%) | $167,496,000 (22.01%) | $137,276,000 (114296.67%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$56,000 (-147.86%) | $117,000 (165.73%) | -$178,000 (-612.00%) | -$25,000 (-131.25%) |
Share Based Compensation | $15,627,000 (-38.80%) | $25,536,000 (137.15%) | $10,768,000 (32.19%) | $8,146,000 (381.73%) |
Depreciation Amortization & Accretion | $896,000 (1.70%) | $881,000 (-14.63%) | $1,032,000 (101.56%) | $512,000 (29.95%) |
TERN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | - | - | - | 100.00% |
Profit Margin | - | - | - | -5015.80% |
EBITDA Margin | - | - | - | -4913.80% |
Return on Average Equity (ROAE) | -30.50% (8.96%) | -33.50% (-3.72%) | -32.30% (-13.33%) | -28.50% (-207.95%) |
Return on Average Assets (ROAA) | -29.10% (8.78%) | -31.90% (-3.24%) | -30.90% (-13.19%) | -27.30% (45.94%) |
Return on Sales (ROS) | - | - | - | -4965.00% |
Return on Invested Capital (ROIC) | -60.30% (-17.54%) | -51.30% (-5.12%) | -48.80% (-5.17%) | -46.40% (91.65%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -4.95 (3.21%) | -5.11 (16.17%) | -6.1 (-90.56%) | -3.2 |
Price to Sales Ratio (P/S) | - | - | - | 160.53 |
Price to Book Ratio (P/B) | 1.36 (-13.31%) | 1.57 (13.52%) | 1.38 (24.15%) | 1.11 |
Debt to Equity Ratio (D/E) | 0.05 (1.96%) | 0.05 (41.67%) | 0.04 (-25.00%) | 0.05 (123.76%) |
Earnings Per Share (EPS) | -1.12 (11.81%) | -1.27 (23.95%) | -1.67 (24.43%) | -2.21 (97.85%) |
Sales Per Share (SPS) | 0 (0%) | 0 (0%) | 0 (0%) | 0.04 (0%) |
Free Cash Flow Per Share (FCFPS) | -0.88 (6.87%) | -0.95 (31.00%) | -1.37 (26.17%) | -1.86 (98.26%) |
Book Value Per Share (BVPS) | 4.35 (21.37%) | 3.58 (-53.37%) | 7.69 (8.87%) | 7.06 (101.71%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.58 (21.47%) | 3.77 (-52.70%) | 7.97 (7.62%) | 7.4 (-97.71%) |
Enterprise Value Over EBIT (EV/EBIT) | -2 (50.00%) | -4 (20.00%) | -5 (-150.00%) | -2 |
Enterprise Value Over EBITDA (EV/EBITDA) | -2.3 (43.70%) | -4.08 (25.05%) | -5.45 (-135.12%) | -2.32 |
Asset Turnover | 0 (0%) | 0 (0%) | 0 (0%) | 0.01 (0%) |
Current Ratio | 23.14 (3.34%) | 22.39 (-33.52%) | 33.68 (37.59%) | 24.48 (514.69%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$70,058,000 (-3.88%) | -$67,442,000 (-36.57%) | -$49,384,000 (-17.12%) | -$42,167,000 (-38.74%) |
Enterprise Value (EV) | $201,730,257 (-44.57%) | $363,923,448 (13.27%) | $321,298,779 (182.12%) | $113,888,606 |
Earnings Before Tax (EBT) | -$88,593,000 (1.53%) | -$89,971,000 (-49.98%) | -$59,987,000 (-20.82%) | -$49,650,000 (-26.53%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$87,697,000 (1.56%) | -$89,090,000 (-51.12%) | -$58,955,000 (-19.98%) | -$49,138,000 (-26.49%) |
Invested Capital | $188,187,000 (6.17%) | $177,250,000 (29.83%) | $136,528,000 (20.23%) | $113,551,000 (1415.02%) |
Working Capital | $346,459,000 (35.61%) | $255,488,000 (-7.67%) | $276,717,000 (72.83%) | $160,110,000 (135.29%) |
Tangible Asset Value | $363,929,000 (35.53%) | $268,517,000 (-6.45%) | $287,026,000 (70.78%) | $168,070,000 (82.11%) |
Market Capitalization | $470,561,257 (17.33%) | $401,046,448 (4.74%) | $382,908,779 (114.35%) | $178,639,606 |
Average Equity | $291,435,250 (8.38%) | $268,906,250 (44.08%) | $186,642,250 (6.08%) | $175,948,250 (258.29%) |
Average Assets | $304,952,000 (7.83%) | $282,796,500 (44.81%) | $195,285,250 (6.25%) | $183,802,000 (216.37%) |
Invested Capital Average | $147,030,250 (-16.10%) | $175,251,750 (42.57%) | $122,919,750 (14.76%) | $107,108,000 (1416.90%) |
Shares | 84,938,855 (37.45%) | 61,794,522 (64.29%) | 37,613,829 (48.86%) | 25,267,271 (11.20%) |
