Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$8.209M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
138.32%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$7.217M
Q2 2024
Cash
Q2 2024
P/E
-0.9125
Sep 13, 2024 EST
Free Cash Flow
-$8.284M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $8.521M $6.458M $2.807M $1.506M $1.515M
YoY Change 31.95% 130.08% 86.32% -0.55%
% of Gross Profit
Research & Development $1.046M $2.281M $1.691M $827.0K $544.4K
YoY Change -54.16% 34.9% 104.46% 51.91%
% of Gross Profit
Depreciation & Amortization $882.2K $647.7K $28.70K $11.04K $10.59K
YoY Change 36.2% 2156.76% 159.96% 4.25%
% of Gross Profit
Operating Expenses $9.567M $8.739M $4.498M $2.333M $2.059M
YoY Change 9.47% 94.3% 92.75% 13.32%
Operating Profit -$10.13M -$8.739M -$4.498M
YoY Change 15.88% 94.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $85.43K $4.072M -$166.8K $3.330K $3.600K
YoY Change -97.9% -2542.27% -5107.51% -7.5%
% of Operating Profit
Other Income/Expense, Net $169.6K $26.64K
YoY Change 536.66%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$9.872M -$4.640M -$4.664M -$2.340M -$2.056M
YoY Change 112.77% -0.53% 99.31% 13.85%
Income Tax -$30.00K
% Of Pretax Income
Net Earnings -$9.842M -$4.640M -$4.664M -$2.340M -$2.056M
YoY Change 112.12% -0.53% 99.31% 13.85%
Net Earnings / Revenue
Basic Earnings Per Share -$0.76 -$0.57 -$0.96
Diluted Earnings Per Share -$0.76 -$0.57 -$508.5K -$255.1K -$224.1K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $3.013M $4.171M $1.479M $1.790M $635.5K
YoY Change -27.76% 181.98% -17.37% 181.7%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $116.5K $66.75K $8.000K $50.00K $0.00
YoY Change 74.55% 734.38% -84.0%
Inventory $1.709M $185.8K $122.0K $0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.839M $4.423M $1.609M $1.840M $635.5K
YoY Change 9.38% 174.89% -12.56% 189.57%
Property, Plant & Equipment $6.822M $7.005M $3.763M $21.27K $25.90K
YoY Change -2.61% 86.14% 17593.14% -17.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $76.06K $411.3K $529.9K $370.6K $0.00
YoY Change -81.51% -22.37% 42.97%
Total Long-Term Assets $6.951M $7.416M $4.293M $391.9K $25.91K
YoY Change -6.28% 72.74% 995.56% 1412.43%
Total Assets $11.79M $11.84M $5.902M $2.232M $661.4K
YoY Change
Accounts Payable $794.1K $854.7K $804.1K $101.3K $100.5K
YoY Change -7.09% 6.28% 694.21% 0.76%
Accrued Expenses $476.1K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $700.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.693M $2.007M $2.766M $101.3K $100.5K
YoY Change 84.05% -27.46% 2632.0% 0.76%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $3.855M $2.199M $2.766M $101.3K $100.5K
YoY Change 75.34% -20.52% 2632.0% 0.76%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 13.03M shares 8.100M shares 4.877M shares
Diluted Shares Outstanding 13.03M shares 8.100M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $7.4907 Million

About Sharps Technology Inc

Sharps Technology, Inc. is a medical device and pharmaceutical packaging company, which engages in the development and manufacturing of innovative drug delivery systems. The company is headquartered in Melville, New York. The company went IPO on 2022-04-14. The firm is engaged in offering patented smart-safety syringe products to the healthcare industry. The firm's smart safety syringe products, such as Securgard, Sologard, and Sharps Provensa, are ultra-low waste syringes that incorporate both passive and active safety and reuse prevention features. The company Sharps Securegard and Sologard, and Roncadelle SafeR safety syringe product lines incorporate both active and passive safety features and have been designed to address the three primary administration concerns with syringe delivery systems, including accidental needlestick injuries, wasted medicine/dead space and reuse prevention. The company also offers products that are designed with specialized copolymer technology to support the prefillable syringe market segment. The company has a manufacturing facility in Hungary and is pursuing plans to expand its manufacturing capacity in the United States.

Industry: Surgical & Medical Instruments & Apparatus Peers: Arch Therapeutics, Inc. Nexgel Inc SURGALIGN HOLDINGS, INC. CHEMBIO DIAGNOSTICS, INC. Rapid Therapeutic Science Laboratories Inc Innovative Eyewear Inc Rockwell Medical Inc