CTHR · Charles & Colvard Ltd - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.05M | $4.63M | $3.23M | $7.91M | $5.26M | $4.95M | $10.37M | $6.64M | $7.37M | $13.75M |
| Cost of Revenue | $3.12M | $3.12M | $2.23M | $5.05M | $4.08M | $3.01M | $6.07M | $4.49M | $4.09M | $7.03M |
| Gross Profit | $930.9K | $1.50M | $1.00M | $2.86M | $1.19M | $1.94M | $4.29M | $2.15M | $3.29M | $6.72M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.37M | $1.27M | $1.26M | $1.50M | $1.20M | $1.85M | $1.19M | $1.05M | $1.41M | $1.19M |
| Total Operating Expenses | $6.02M | $7.17M | $5.37M | $10.84M | $8.96M | $7.58M | $11.60M | $8.81M | $8.61M | $12.30M |
| D&A | $216.7K | $219.0K | $215.5K | $178.7K | $173.1K | $178.3K | $171.2K | $168.4K | $137.7K | $114.0K |
| Operating Income | ($1.97M) | ($2.54M) | ($2.14M) | ($2.94M) | ($3.70M) | ($2.63M) | ($1.23M) | ($2.17M) | ($1.23M) | $1.45M |
| Interest Expense | $9.1K | $5.6K | $38.5K | $5.6K | $9.1K | - | - | - | - | $0 |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | ($131.9K) | $6.29M | ($303.0K) | $283.5K |
| Net Income | ($1.97M) | ($2.54M) | ($2.13M) | ($2.87M) | ($3.63M) | ($2.54M) | ($1.04M) | ($8.40M) | ($890.2K) | $1.17M |
| EPS - Basic | ($0.63) | ($0.81) | ($0.68) | ($0.09) | ($0.12) | ($0.08) | ($0.03) | ($0.28) | ($0.03) | $0.04 |
| EPS - Diluted | ($0.63) | ($0.81) | ($0.68) | ($0.09) | ($0.12) | ($0.08) | ($0.03) | ($0.28) | ($0.03) | $0.04 |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.26M | $1.52M | $2.74M | $4.14M | $3.69M | $7.59M | $10.45M | $10.91M | $11.57M | $15.67M |
| Accounts Receivable | $707.4K | $1.26M | $869.7K | $844.7K | $566.6K | $442.7K | $380.1K | $933.6K | $1.56M | $2.22M |
| Inventory | $5.95M | $5.91M | $5.91M | $7.51M | $10.44M | $8.26M | $7.48M | $7.89M | $12.09M | $11.02M |
| Accounts Payable | $6.07M | $8.62M | $7.41M | $8.27M | $5.87M | $5.65M | $4.79M | $3.12M | $4.72M | $4.40M |
| Current Assets | $9.04M | $15.09M | $15.88M | $18.82M | $21.29M | $22.60M | $24.58M | $25.68M | $31.65M | $35.86M |
| Total Assets | $29.11M | $36.63M | $37.77M | $40.98M | $40.96M | $46.59M | $48.88M | $56.37M | $67.68M | $69.21M |
| Current Liabilities | $9.48M | $14.82M | $13.23M | $14.13M | $8.62M | $7.46M | $7.06M | $5.13M | $6.72M | $6.80M |
| Long-term Debt | - | - | - | $0 | - | $0 | $0 | - | - | - |
| Total Liabilities | $10.02M | $15.58M | $14.21M | $15.33M | $10.04M | $9.31M | $9.11M | $7.39M | $9.37M | $9.65M |
| Stockholders' Equity | $19.09M | $21.05M | $23.56M | $25.65M | $30.93M | $37.29M | $39.77M | $48.99M | $58.31M | $59.56M |
| Retained Earnings | ($64.19M) | ($62.22M) | ($59.68M) | ($57.55M) | ($52.22M) | ($45.72M) | ($43.18M) | ($33.93M) | ($24.49M) | ($23.60M) |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.29M) | - | - | ($2.67M) | - | - | ($3.67M) | - |
| Investing Cash Flow | - | - | ($106.1K) | - | - | ($231.5K) | - | - | ($432.6K) | - |
| Financing Cash Flow | - | - | - | - | - | $0 | - | - | ($451.8K) | - |
| CapEx | - | - | $96.6K | - | - | $217.1K | $186.9K | $266.7K | $430.4K | $377.6K |
| Free Cash Flow | - | - | ($1.38M) | - | - | ($2.88M) | - | - | ($4.10M) | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 23.0% | 32.5% | 31.0% | 36.1% | 22.5% | 39.3% | 41.4% | 32.4% | 44.6% | 48.9% |
| Operating margin | -48.6% | -54.8% | -66.1% | -37.2% | -70.3% | -53.1% | -11.9% | -32.7% | -16.7% | 10.5% |
| EBITDA margin | -43.3% | -50.1% | -59.5% | -34.9% | -67.0% | -49.5% | -10.2% | -30.2% | -14.9% | 11.4% |
| Net margin | -48.7% | -54.8% | -66.0% | -36.3% | -69.0% | -51.3% | -10.0% | -126.4% | -12.1% | 8.5% |
| Free cash flow margin | - | - | -42.8% | - | - | -58.2% | - | - | -55.6% | - |
| FCF / Net income | - | - | 0.65 | - | - | 1.14 | - | - | 4.61 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 33.9% | 27.5% | 39.0% | 18.9% | 22.8% | 37.4% | 11.5% | 15.9% | 19.2% | 8.6% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | 19.5% |
| Return on assets | -6.8% | -6.9% | -5.6% | -7.0% | -8.9% | -5.5% | -2.1% | -14.9% | -1.3% | 1.7% |
| Return on equity | -10.3% | -12.0% | -9.1% | -11.2% | -11.7% | -6.8% | -2.6% | -17.1% | -1.5% | 2.0% |
| Return on invested capital | - | - | - | -9.0% | - | -5.6% | -2.4% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.95 | 1.02 | 1.20 | 1.33 | 2.47 | 3.03 | 3.48 | 5.00 | 4.71 | 5.27 |
| Quick ratio | 0.33 | 0.62 | 0.75 | 0.80 | 1.26 | 1.92 | 2.42 | 3.46 | 2.91 | 3.65 |
| Cash ratio | 0.13 | 0.10 | 0.21 | 0.29 | 0.43 | 1.02 | 1.48 | 2.13 | 1.72 | 2.30 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | 0.00 | - | 0.00 | 0.00 | - | - | - |
| Debt / Assets | - | - | - | 0.00 | - | 0.00 | 0.00 | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -216.2x | -455.8x | -55.5x | -527.3x | -406.3x | - | - | - | - | - |
| Equity multiplier | 1.52 | 1.74 | 1.60 | 1.60 | 1.32 | 1.25 | 1.23 | 1.15 | 1.16 | 1.16 |
| Liabilities / Assets | 0.34 | 0.43 | 0.38 | 0.37 | 0.25 | 0.20 | 0.19 | 0.13 | 0.14 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | 0.13 | 0.09 | 0.19 | 0.13 | 0.11 | 0.21 | 0.12 | 0.11 | 0.20 |
| Inventory turnover | 0.52 | 0.53 | 0.38 | 0.67 | 0.39 | 0.36 | 0.81 | 0.57 | 0.34 | 0.64 |
| Days sales outstanding | 64d | 100d | 98d | 39d | 39d | 33d | 13d | 51d | 77d | 59d |
| Days inventory outstanding | 697d | 690d | 967d | 543d | 935d | 1002d | 449d | 641d | 1080d | 572d |
| Days payable outstanding | 710d | 1007d | 1211d | 598d | 525d | 686d | 288d | 253d | 421d | 228d |
| Cash conversion cycle | 50d | -218d | -146d | -16d | 449d | 349d | 175d | 439d | 736d | 403d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -23.0% | -41.4% | -34.7% | -23.7% | -20.8% | -32.8% | -24.6% | -31.9% | -28.3% | 13.2% |
| Revenue CAGR (3y) | -25.4% | -30.4% | -32.0% | -13.3% | -17.7% | -14.5% | -0.9% | 0.8% | -1.0% | 17.2% |
| Revenue CAGR (5y) | -9.0% | -15.4% | -15.7% | -1.5% | -4.9% | -5.6% | - | - | - | - |
| Gross profit growth (YoY) | -21.5% | -47.3% | -48.5% | -33.5% | -44.8% | -40.9% | -36.1% | -51.8% | -37.5% | 12.4% |
| Operating income growth (YoY) | 46.8% | 13.6% | 18.7% | -138.2% | -70.3% | -113.4% | - | - | - | -42.5% |
| Net income growth (YoY) | 45.7% | 11.5% | 16.0% | -175.1% | 56.7% | -185.3% | - | - | - | -53.6% |
| EPS growth (YoY) | -425.0% | -800.0% | -750.0% | -200.0% | 57.1% | -166.7% | - | - | - | -55.6% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | 10.1% |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 52.0% | - | - | 29.7% | - | - | -61.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -38.3% | -17.9% | -36.8% | -35.5% | -36.9% | -36.1% | -33.2% | -17.5% | 2.2% | 6.9% |
Peer comparison
Same SIC group: Jewelry, Silverware & Plated Ware
Comparing CHARLES & COLVARD LTD against the 2 most active filers in the same SIC group.