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Financial Snapshot

Revenue
TTM
$7.677M
Gross Margin
TTM
-75.44%
Net Income
TTM
-$42.77M
Current Assets
2024 Q3
Current Liabilities
2024 Q3
Current Ratio
2024 Q3
40.05%
Total Assets
2024 Q3
Total Liabilities
2024 Q3
Book Value
2024 Q3
-11.71M
Cash
2024 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$30.37M

Stock Price

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Market Cap: $336.55 Thousand

About T2 Biosystems, Inc.

T2 Biosystems, Inc. is a vitro diagnostics company, which engages in the development of detection of sepsis-causing pathogens. The company is headquartered in Lexington, Massachusetts and currently employs 113 full-time employees. The company went IPO on 2014-08-07. Its technology enables detection of pathogens, biomarkers and other abnormalities in a variety of unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum and urine, and can detect cellular targets at limits of detection as low as one colony forming unit per milliliter (CFU/mL). Its focus includes three areas: sepsis, bioterrorism, and Lyme disease. The firm's products include the T2Dx Instrument, the T2Bacteria Panel, the T2Candida Panel, the T2Resistance Panel, and the T2Biothreat Panel, and are powered by the T2 Magnetic Resonance (T2MR) technology. The company also has an active pipeline of products, including the United States T2Resistance Panel, the Candida auris test, and the T2Lyme Panel. T2Dx Instrument is a fully automated instrument that is capable of running a range of diagnostic tests from patient samples.

Industry: Surgical & Medical Instruments & Apparatus Peers: Achieve Life Sciences Inc Dominari Holdings Inc SAB Biotherapeutics Inc BioCardia Inc Orgenesis Inc. Lisata Therapeutics Inc Renovacor, Inc. Corvus Pharmaceuticals Inc Moleculin Biotech Inc

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