Aterian, Inc.

AI-generated fair value estimate for this company.

Method: Liquidation/sum-of-the-parts valuation: base brand-portfolio sale proceeds of $18.0M (2026 definitive sale of Aterian's core brands), less an estimated ~$4.5M in transaction costs and debt repayment, yields ~$13.5M net cash to be distributed to holders via CVRs; adding an estimated $2.0M residual value for retained legacy brands at a distressed ~0.2x trailing sales gives total equity value of ~$15.5M; divided by 16.34M shares outstanding = ~$0.95/share.

Reasoning: Aterian is not a going concern with predictable cash flows but an active wind-down: it sold its brand portfolio for $18M cash in 2026 and is distributing CVRs funded by tariff-refund proceeds and asset liquidation, so an NAV/liquidation approach fits better than a DCF; this cross-checks against the company's own disclosed guidance of $0.85-$1.14/share expected shareholder return.