Financial Snapshot

Revenue
$958.0K
TTM
Gross Margin
-941.45%
TTM
Net Earnings
-$27.41M
TTM
Current Assets
Q3 2023
Current Liabilities
Q3 2023
Current Ratio
346.21%
Q3 2023
Total Assets
Q3 2023
Total Liabilities
Q3 2023
Book Value
$15.54M
Q3 2023
Cash
Q3 2023
P/E
-3.391
Dec 22, 2023 EST
Free Cash Flow
-$24.56M
TTM

Revenues

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Assets & Liabilities

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Ownership

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Preferred Stock

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Dividends

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Stock Price

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Market Cap: $92.951 Million

About Miromatrix Medical Inc.

Miromatrix Medical, Inc. operates as a biotechnology company, which engages in the development of biological human organs to solve the chronic shortage of transplantable organs. The company is headquartered in Eden Prairie, Minnesota and currently employs 76 full-time employees. The company went IPO on 2021-06-24. The firm is engaged in providing the technology for bioengineering fully transplantable human organs to help save and improve patients' lives. The Company’s technology platform uses a two-step method of decellularization and recellularization. Its development focus is on bioengineering livers and kidneys, and its technology platform is also applicable to bioengineering other organs, including hearts, lungs, and pancreas. Decellularization is a process that is designed to remove porcine cells from the organs obtained from pigs to create a purified acellular extracellular matrix (ECM). Its perfusion process purifies the organs while preserving the mechanical structures and vascular networks. Recellularization is a process that incorporates perfusion to re-seed the ECM with unmodified human cells inside individual bioreactors. Its product pipeline includes miroliverelap, mirokidney, miroliver, miroheart, mirolung and miropancreas.

Industry: Biological Products, (No Diagnostic Substances) Peers: Alpha Teknova, Inc. APPLIED DNA SCIENCES INC CHAMPIONS ONCOLOGY, INC. ChromaDex Corp. Telesis Bio Inc. STANDARD BIOTOOLS INC. HARVARD BIOSCIENCE INC INTERNATIONAL ISOTOPES INC IsoPlexis Corp THERMO FISHER SCIENTIFIC INC.