FalconStor Software, Inc. Financial Ratios — FALC Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	-31.24	-22.57	-19.36	-15.1	-5.3	-46.11	6.9	-6.21	-11.04	7.42	-0.32	-15.75	8.72	5.77	9.96
Return on Capital (%)	- -	- -	- -	- -	- -	- -	-0.86	- -	- -	- -	0.09	- -	-1.15	- -	-1.14
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1.58	- -	- -	- -	5.7
Gross Margin (%)	74.04	72.6	74.15	77.03	80.07	72.63	77.98	83.31	82.39	87.63	85.99	84.43	85.8	83.92	83.81
EBITDA Margin (%)	-8.49	-13.15	-11.87	-16.94	1.83	-29.04	7.52	10.42	11.48	29.66	8.7	-10.53	12.42	9.57	1.91
Operating Margin (%)	-13.44	-17.54	-16.41	-22.35	-2.27	-33.42	3.43	6.81	2.72	19.3	4.23	-12.5	12.25	8.4	2.2
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	-215.09	-4.81	59.09	-135.25	271.15	- -	173.11	46.36	1,505.97
Pretax Margin (%)	-26.74	-18.83	-21.33	-14.48	-3.2	-34.4	4.21	-3.78	-7.61	7.23	3.48	-15.8	9.12	6.54	11.09
Profit Margin (%)	-28.2	-19.87	-18.64	-15.59	-3.97	-36.34	4.18	-5.08	-10.59	7.33	-0.3	-17.9	8.44	6.66	11.07
Net Income to Common Margin (%)	-28.2	-19.87	-19.01	-17.2	-5.55	-38.91	0.71	-23.61	-17.59	-0.01	-8.51	-32.76	-5.18	-10.99	-3.37
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	0.72	- -	- -	- -	108.72	- -	7.53	- -	0.13
Dvd Payout Ratio (%)	- -	- -	1.94	-0.37	14.38	6.61	-486.76	78.47	39.79	92,958.15	96.44	45.37	262.83	160.59	357.83
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	- -	- -	- -	- -	- -	- -	- -	3	6	5	2	2	2	2	2
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	3	4	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	3	4	1	2	2	2	2	2
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	0.2	1.68	3.23	1.08	1.87	-2.24	1.64	2.21	11.49
Net Debt/EBITDA	2.31	1.88	2.77	1.39	-6.78	0.39	-0.34	0.04	1.25	0.49	-0.85	-0.31	-0.8	-0.31	-1.38
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	0.43	2.57	13.65	1.66	3.85	-1.89	1.67	2.52	9.99
Net Debt/EBIT	1.46	1.41	2	1.05	5.46	0.34	-0.74	0.05	5.29	0.76	-1.74	-0.26	-0.81	-0.36	-1.2
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	2.97	3.14	5.85	1.84	-3.2	3.98	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	2.69	2.76	5.74	1.61	-3.21	3.95	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	1.94	0.74	3.81	0.9	-3.8	3.92	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	- -	- -	- -	- -
Common Equity/Total Assets	-117.56	-168.92	-210.05	-281.17	-397.44	-763.41	-990.3	-764.52	-785.15	-922.42	-976.44	-1,234.01	-1,014.28	-1,053.02	-1,083.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	186.69	- -	- -	224.88	137.3
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	-2.86	-3.32	-0.71	-2.05	-2.02	-1.81	-2.13	-2.21
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	19.56	22.38	5.62	17.28	21.27	17.98	18.5	19.51
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	-3.03	-309.64	-224.93	-182.3	-17.16	-14.47	-13.96	228.31	141.72
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	-0.3	-2.86	-5.76	-4.47	-2.12	-2.22	-1.94	-2.16	-2.28
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	2.8	19.56	38.88	35.36	17.89	23.35	19.29	18.78	20.13
Net Debt to Equity	-71.25	-140.73	-148.88	335.58	154.57	26.7	5.25	-6.46	-87.22	-82.85	7.77	-2.01	6.75	-32.35	-17.04
Net Debt/Capital (%)	15.92	15.61	15.51	8.87	5.05	2.68	0.52	-0.06	-2.2	-2	0.93	-0.3	0.91	0.3	0.27
EBITDA	-7	-10	-7	-8	1	-9	2	2	2	4	1	-1	1	1	- -
EBITDA-CapEx	-9	-13	-9	-9	- -	-9	2	2	2	4	1	-1	1	1	- -
Operating Income (Loss)	-11	-13	-10	-10	-1	-10	1	1	- -	3	1	-1	1	1	- -

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.93	0.78	0.98	0.69	0.55	0.17	0.06	0.3	0.13	0.17	0.52	0.35	0.53	0.45	0.43
Current Ratio	1.51	1.28	1.51	1.04	0.9	0.48	0.37	0.9	0.68	0.61	1.2	0.94	1.14	1.28	1.17
Quick Ratio	1.41	1.16	1.38	0.97	0.82	0.42	0.29	0.71	0.48	0.44	1.03	0.78	0.98	1.13	0.99
CFO/Avg Current Liab	0.09	-0.14	-0.34	0.02	-0.23	-0.42	-0.14	-0.11	-0.17	0.06	-0.1	-0.2	0.25	-0.08	0.04
Common Equity/Total Assets	-117.56	-168.92	-210.05	-281.17	-397.44	-763.41	-990.3	-764.52	-785.15	-922.42	-976.44	-1,234.01	-1,014.28	-1,053.02	-1,083.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	186.69	- -	- -	224.88	137.3
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	-2.86	-3.32	-0.71	-2.05	-2.02	-1.81	-2.13	-2.21
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	19.56	22.38	5.62	17.28	21.27	17.98	18.5	19.51
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	-3.03	-309.64	-224.93	-182.3	-17.16	-14.47	-13.96	228.31	141.72
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	-0.3	-2.86	-5.76	-4.47	-2.12	-2.22	-1.94	-2.16	-2.28
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	2.8	19.56	38.88	35.36	17.89	23.35	19.29	18.78	20.13
CFO/Total Liabilities	6.25	-11.34	-27.66	1.08	-18.43	-31.43	-10.12	-8.9	-10.27	4.41	-3.41	-4.51	5.15	-4.41	2.43
CFO/CapEx	1.34	-2.04	-6.69	0.55	-6.25	-22.99	-13.86	-8.85	-8.35	8.74	-5.8	-389.61	185.09	-17.39	2.3
Altman's Z-Score	0.7	-0.36	-1.42	-3.38	-3.76	-15.81	-19.36	-12.79	-13.31	-15.39	-18.22	-28.49	-19.19	-20.01	-21.72

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	3.89	4.51	4.64	4.62	6.25	5.2	5.49	4.59	4.72	4.73	4.9	3.92	5.03	3.63	3.27
Days Sales Outstanding	93.82	80.94	78.68	79.07	58.37	70.19	66.53	79.53	77.35	77.15	74.54	93.21	72.58	100.66	111.61
Inventory Turnover	13.54	17.13	19.4	16.72	45.78	215.98	1,792.91	400.12	129.76	80.7	169.62	404.15	- -	- -	- -
Days Inventory Outstanding	26.96	21.3	18.81	21.83	7.97	1.69	0.2	0.91	2.81	4.52	2.15	0.9	- -	- -	- -
Accounts Payable Turnover	10.08	6.87	8.07	8.79	8.27	11.53	7.32	3.64	3.16	2.06	5.18	4.55	3.62	3.02	2.87
Accounts Payable Turnover Days	36.2	53.11	45.24	41.54	44.12	31.66	49.88	100.27	115.53	176.8	70.46	80.21	100.91	120.66	127.04
Cash Conversion Cycle	84.58	49.13	52.25	59.37	22.22	40.22	16.85	-19.82	-35.37	-95.13	6.23	13.9	-28.33	-20	-15.43
Inventory to Cash Days	66.86	59.64	59.87	57.24	50.39	68.5	66.32	78.62	74.54	72.62	72.39	92.3	72.58	100.66	111.61
Inventories	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	120	110	65	62	77	19	7	4	17	40	12	6	10	14	8
- Cash & Cash Equivalents	16	19	19	11	6	3	1	3	1	2	3	2	3	2	2
+ Preferred Equity and Hybrid Capital	- -	- -	7	7	8	9	9	10	11	13	14	16	- -	19	20
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	3	6	5	2	2	2	2	2
Enterprise Value	83	81	44	47	72	25	15	14	33	56	25	22	9	33	28
Total Capital	-86	-101	-105	-112	-113	-123	-122	-109	-106	-106	-107	-107	-122	-102	-100
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	-0.3	-2.86	-5.76	-4.47	-2.12	-2.22	-1.94	-2.16	-2.28
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.02	0.23	0.19	0.09	0.09	0.11	0.28	0.07	0.08
EV/Sales	1	1.08	0.75	1.03	1.47	0.83	0.6	0.76	1.98	3.77	1.82	2.2	0.73	3.2	2.74
EV/EBITDA	- -	- -	- -	- -	80.78	- -	7.94	7.3	17.3	12.72	20.95	- -	5.91	33.47	143.36
EV/EBIT	- -	- -	- -	- -	- -	- -	17.42	11.16	73.08	19.55	43.11	- -	5.99	38.13	124.65
EV/Cash Flow to Firm	26.51	- -	- -	96.59	- -	- -	- -	- -	- -	38.04	- -	- -	4.62	- -	120.3
EV/Free Cash Flow to Firm	15.16	- -	- -	34.18	- -	- -	- -	- -	- -	36.05	- -	- -	4.6	- -	83.84
Diluted Market Cap	120	110	65	62	77	19	7	4	17	40	12	6	10	14	8
Diluted Enterprise Value	104	92	52	58	79	25	16	14	33	56	25	22	9	33	28
EV per Share	178.36	171.45	92.02	102.56	174.34	58.01	33.82	14.52	5.57	9.41	3.9	3.11	1.19	4.68	3.98
TTM Sales	83	75	59	46	49	30	25	18	17	15	14	10	12	10	10
TTM EBITDA	-7	-10	-7	-8	1	-9	2	2	2	4	1	-1	1	1	- -
TTM Operating Income	-11	-13	-10	-10	-1	-10	1	1	- -	3	1	-1	1	1	- -
TTM Cash Flow to Firm	3	-5	-11	- -	-6	-9	-3	-1	-1	1	-1	-1	2	- -	- -
TTM Free Cash Flow to Firm	5	-3	-9	1	-5	-9	-2	- -	-1	2	-1	-1	2	- -	- -

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	21.93	-41.22	-6.84	44.65	-14.54	-2.15	-3.09	-2.79	-10.09	50.79	-16.31	-4.85	6.3	-31.81	24.23
EV/EBIT	- -	- -	- -	- -	- -	- -	17.42	11.16	73.08	19.55	43.11	- -	5.99	38.13	124.65
Enterprise Value	83	81	44	47	72	25	15	14	33	56	25	22	9	33	28
Low Price	223	169	88	96.26	122	44.5	14	3	2.01	1.95	1.4	0.07	0.57	1.05	0.9
EV/Sales	1	1.08	0.75	1.03	1.47	0.83	0.6	0.76	1.98	3.77	1.82	2.2	0.73	3.2	2.74
EV/EBITDA	- -	- -	- -	- -	80.78	- -	7.94	7.3	17.3	12.72	20.95	- -	5.91	33.47	143.36
Price/Earnings	- -	- -	- -	- -	- -	- -	37.14	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	-7.38	-8.12	-7.22	-8.23	-25.15	-4.2	83.69	-2.08	-13.6	-23,472.5	-23.73	-2.83	-15.98	-9.86	-33.29
Price/Earnings High	-10.34	-12.53	-12.44	-10.46	-44.99	-6.99	252.57	-4.88	-34.47	-44,327.71	-38.46	-8.41	-25.49	-16.2	-57.09
Price/Earnings Low	-4.45	-5.35	-3.79	-5.6	-18.61	-1.63	34.67	-0.66	-4.08	-9,901.38	-7.69	-0.15	-6.76	-6.54	-18.42
Price/Book Value	-1.4	-1.1	-0.58	-0.52	-0.64	-0.15	-0.05	-0.03	-0.14	-0.32	-0.1	-0.05	-0.08	-0.12	-0.07
Price/Book Value Average	-2.01	-1.21	-0.72	-0.55	-0.56	-0.37	-0.11	-0.07	-0.32	-0.22	-0.23	-0.07	-0.08	-0.09	-0.09
Price/Book Value High	-2.81	-1.86	-1.24	-0.7	-1	-0.62	-0.35	-0.17	-0.81	-0.42	-0.37	-0.22	-0.12	-0.15	-0.16
Price/Book Value Low	-1.21	-0.79	-0.38	-0.37	-0.41	-0.15	-0.05	-0.02	-0.1	-0.09	-0.07	- -	-0.03	-0.06	-0.05
Price/Tangible Book Value	6.89	14.22	701.62	-3.8	-4.48	-0.73	-0.26	-0.25	-0.92	-2.02	-0.37	-0.16	-0.45	-0.63	-0.36
Price/Tangible Book Value Average	9.87	15.67	872.16	-4.01	-3.93	-1.86	-0.58	-0.58	-2.17	-1.38	-0.88	-0.25	-0.45	-0.5	-0.51
Price/Tangible Book Value High	13.83	24.17	1,501.99	-5.1	-7.03	-3.09	-1.76	-1.36	-5.49	-2.61	-1.43	-0.76	-0.72	-0.82	-0.87
Price/Tangible Book Value Low	5.95	10.32	457.35	-2.73	-2.91	-0.72	-0.24	-0.19	-0.65	-0.58	-0.29	-0.01	-0.19	-0.33	-0.28
Price/Sales	1.45	1.46	1.1	1.34	1.59	0.64	0.26	0.21	1.02	2.71	0.86	0.58	0.82	1.37	0.79
Price/Sales Average	2.08	1.61	1.37	1.42	1.4	1.63	0.6	0.49	2.39	1.85	2.02	0.93	0.83	1.08	1.12
Price/Sales High	2.92	2.49	2.36	1.8	2.5	2.72	1.8	1.15	6.06	3.5	3.27	2.75	1.32	1.78	1.92
Price/Sales Low	1.26	1.06	0.72	0.96	1.03	0.63	0.25	0.16	0.72	0.78	0.65	0.05	0.35	0.72	0.62
Price/Cash Flow	38.34	-20.97	-5.82	126.2	-12.22	-2.06	-2.59	-2.47	-8.88	56.6	-13.49	-4.84	6.34	-29.98	34.76
Price/Cash Flow Average	54.95	-23.11	-7.23	133.35	-10.72	-5.25	-5.83	-5.79	-20.82	38.76	-31.85	-7.77	6.37	-23.73	49.18
Price/Cash Flow High	76.99	-35.63	-12.45	169.52	-19.17	-8.73	-17.6	-13.59	-52.8	73.2	-51.62	-23.09	10.17	-38.98	84.34
Price/Cash Flow Low	33.14	-15.21	-3.79	90.66	-7.93	-2.03	-2.42	-1.85	-6.24	16.35	-10.32	-0.42	2.7	-15.74	27.21
Price/Free Cash Flow Average	31.43	-45.43	-8.5	47.18	-12.76	-5.48	-6.96	-6.52	-23.65	34.78	-38.49	-7.79	6.34	-25.18	34.27
Price/Free Cash Flow High	44.04	-70.06	-14.64	59.98	-22.82	-9.13	-21.01	-15.32	-59.98	65.69	-62.37	-23.15	10.11	-41.36	58.77
Price/Free Cash Flow Low	18.96	-29.9	-4.46	32.07	-9.44	-2.13	-2.88	-2.09	-7.09	14.67	-12.47	-0.42	2.68	-16.7	18.96
EV/Sales Average	1.89	1.37	1.16	1.34	1.43	1.82	0.93	1.04	3.36	2.92	2.99	2.55	0.74	2.92	3.07
EV/Sales High	2.72	2.24	2.15	1.72	2.53	2.9	2.13	1.7	7.03	4.57	4.24	4.38	1.23	3.61	3.87
EV/Sales Low	1.06	0.82	0.51	0.88	1.07	0.82	0.58	0.71	1.68	1.85	1.62	1.67	0.26	2.55	2.57
EV/EBITDA Average	-22.21	-10.4	-9.77	-7.89	78.44	-6.26	12.35	9.99	29.24	9.85	34.33	-24.19	5.95	30.49	160.55
EV/EBITDA High	-32.05	-17.05	-18.12	-10.16	138.72	-10	28.36	16.34	61.24	15.4	48.74	-41.55	9.91	37.77	202.44
EV/EBITDA Low	-12.48	-6.2	-4.26	-5.22	58.56	-2.82	7.7	6.79	14.65	6.23	18.64	-15.87	2.1	26.68	134.36
EV/EBIT Average	-14.02	-7.79	-7.06	-5.98	-63.12	-5.44	27.1	15.29	123.56	15.13	70.65	-20.38	6.03	34.73	139.59
EV/EBIT High	-20.23	-12.78	-13.11	-7.7	-111.64	-8.69	62.23	25	258.77	23.67	100.3	-35	10.05	43.03	176.01
EV/EBIT Low	-7.88	-4.65	-3.08	-3.95	-47.13	-2.45	16.9	10.4	61.92	9.58	38.36	-13.36	2.13	30.39	116.82
Last Price	258	233	135	134	188	44.99	15	4	2.86	6.75	1.83	0.82	1.34	2	1.15
High Price	518	396	289	180	294.99	191	102	22	17	8.73	7	3.9	2.15	2.6	2.79
Enterprise Value Average	156	103	68	62	70	55	23	19	56	43	42	26	9	30	32
Enterprise Value High	225	169	126	80	123	88	54	30	116	67	59	44	14	38	40
Enterprise Value Low	88	61	30	41	52	25	15	13	28	27	23	17	3	27	27

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	6	6	6	7	7	7	7	7
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	1	6	6	7	7	7	7	7
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	1	6	6	7	7	7	7	7
Revenue per Share	177.65	159.07	122.21	100.02	118.2	70.23	56.65	19.11	2.8	2.49	2.14	1.42	1.63	1.46	1.45
EBITDA per Share	-15.08	-20.92	-14.51	-16.94	2.16	-20.39	4.26	1.99	0.32	0.74	0.19	-0.15	0.2	0.14	0.03
Operating Income per Share	-23.88	-27.91	-20.05	-22.35	-2.68	-23.47	1.94	1.3	0.08	0.48	0.09	-0.18	0.2	0.12	0.03
Basic EPS, GAAP	-50.09	-31.61	-23.24	-17.2	-6.56	-27.33	0.4	-4.51	-0.49	- -	-0.18	-0.46	-0.08	-0.16	-0.05
Basic EPS from Cont Ops	-50.09	-31.61	-22.79	-15.59	-4.7	-25.52	2.37	-0.97	-0.3	0.18	-0.01	-0.25	0.14	0.1	0.16
Diluted EPS, GAAP	-50.09	-31.61	-23.24	-17.2	-6.56	-27.33	0.36	-4.51	-0.49	- -	-0.18	-0.46	-0.08	-0.16	-0.05
Diluted EPS from Cont Ops	-50.09	-31.61	-22.79	-15.59	-4.7	-25.52	2.14	-0.97	-0.3	0.18	-0.01	-0.25	0.14	0.1	0.16
Dividend per Share	- -	- -	- -	1.68	0.92	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.03
Cash Flow per Share	6.73	-11.11	-23.21	1.06	-15.39	-21.87	-5.8	-1.62	-0.32	0.12	-0.14	-0.17	0.21	-0.07	0.03
Free Cash Flow per Basic Share	1.69	-16.57	-26.68	-0.88	-17.85	-22.82	-6.21	-1.8	-0.36	0.11	-0.16	-0.17	0.21	-0.07	0.02
Cash & Equivalents per Share	79.64	61.55	57.03	47.06	32.69	7.87	2.28	3.28	0.25	0.32	0.49	0.28	0.48	0.35	0.34
Book Value per Share	-184.08	-212.73	-232.99	-257.21	-294.27	-306.14	-294.67	-130.84	-20.99	-20.89	-18.99	-17.67	-17.48	-17.35	-17.16
Tangible Book Value per Share	37.46	16.38	0.19	-35.29	-41.93	-61.75	-58.08	-16.18	-3.1	-3.35	-4.89	-5.15	-2.97	-3.16	-3.21

FalconStor Software, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)