Financial Snapshot

Revenue
$7.262M
TTM
Gross Margin
21.09%
TTM
Net Earnings
-$18.61M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
120.85%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.875M
Q3 2024
Cash
Q3 2024
P/E
-0.1378
Nov 29, 2024 EST
Free Cash Flow
-$10.98M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $7.652M $8.273M $10.13M $8.761M $9.131M $7.915M $9.934M $19.21M $10.71M $11.21M $12.96M $8.560M
YoY Change -7.51% -18.33% 15.63% -4.05% 15.36% -20.32% -48.29% 79.37% -4.46% -13.5% 51.4%

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 2018 2017 2016 2015 2014 2013 2012
Revenue $7.652M $8.273M $10.13M $8.761M $9.131M $7.915M $9.934M $19.21M $10.71M $11.21M $12.96M $8.560M
Cost Of Revenue $5.649M $5.619M $6.706M $6.143M $6.264M $6.531M $13.00M $14.45M $6.480M $6.510M $8.210M $4.150M
Gross Profit $2.003M $2.654M $3.424M $2.618M $2.867M $1.384M -$3.068M $4.770M $4.240M $4.700M $4.760M $4.410M
Gross Profit Margin 26.18% 32.08% 33.8% 29.88% 31.4% 17.49% -30.88% 24.83% 39.59% 41.93% 36.73% 51.52%

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 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $14.10M $14.22M $15.63M $14.33M $16.53M $18.40M $25.12M $39.95M $29.23M $18.50M $25.76M $22.85M
YoY Change -0.86% -8.99% 9.06% -13.35% -10.16% -26.74% -37.12% 36.67% 58.0% -28.18% 12.74%
% of Gross Profit 703.84% 535.83% 456.34% 547.25% 576.7% 1329.77% 837.53% 689.39% 393.62% 541.18% 518.14%
Research & Development $4.540M $4.390M $5.900M $5.695M $5.692M $6.009M $11.32M $15.54M $15.69M $11.22M $15.97M $15.42M
YoY Change 3.42% -25.59% 3.6% 0.05% -5.28% -46.91% -27.16% -0.96% 39.84% -29.74% 3.57%
% of Gross Profit 226.66% 165.41% 172.31% 217.53% 198.54% 434.18% 325.79% 370.05% 238.72% 335.5% 349.66%
Depreciation & Amortization $289.0K $196.0K $687.0K $897.0K $890.0K $1.281M $1.476M $1.510M $1.300M $1.450M $1.500M $770.0K
YoY Change 47.45% -71.47% -23.41% 0.79% -30.52% -13.21% -2.25% 16.15% -10.34% -3.33% 94.81%
% of Gross Profit 14.43% 7.39% 20.06% 34.26% 31.04% 92.56% 31.66% 30.66% 30.85% 31.51% 17.46%
Operating Expenses $18.64M $18.61M $21.53M $20.02M $22.23M $24.41M $39.48M $55.48M $44.92M $29.73M $41.73M $38.27M
YoY Change 0.15% -13.54% 7.51% -9.92% -8.96% -38.17% -28.83% 23.51% 51.09% -28.76% 9.04%
Operating Profit -$16.64M -$15.96M -$18.10M -$17.40M -$19.36M -$23.03M -$42.55M -$50.71M -$40.68M -$25.03M -$36.97M -$33.86M
YoY Change 4.25% -11.84% 4.0% -10.1% -15.94% -45.88% -16.09% 24.66% 62.52% -32.3% 9.18%

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 2018 2017 2016 2015 2014 2013 2012
Interest Expense $1.719M $1.665M $1.651M $1.692M $1.480M $5.692M $6.299M -$5.410M -$6.650M -$6.920M -$2.920M $0.00
YoY Change 3.24% 0.85% -2.42% 14.32% -74.0% -9.64% -216.43% -18.65% -3.9% 136.99%
% of Operating Profit
Other Income/Expense, Net $34.00K -$1.000K $2.337M $56.00K $1.101M $949.0K $11.00K
YoY Change -3500.0% -100.04% 4073.21% -94.91% 16.02% 8527.27%

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 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$18.32M -$17.62M -$17.41M -$19.01M -$19.45M -$27.56M -$48.73M -$56.13M -$47.34M -$31.95M -$39.89M -$33.86M
YoY Change 3.96% 1.21% -8.41% -2.26% -29.43% -43.44% -13.18% 18.57% 48.17% -19.9% 17.81%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K
% Of Pretax Income
Net Earnings -$18.32M -$17.62M -$17.41M -$19.01M -$19.45M -$27.56M -$48.73M -$56.13M -$47.34M -$31.96M -$39.90M -$33.86M
YoY Change 3.96% 1.21% -8.39% -2.28% -29.42% -43.45% -13.18% 18.57% 48.12% -19.9% 17.84%
Net Earnings / Revenue -239.41% -213.02% -171.89% -216.94% -213.01% -348.17% -490.56% -292.19% -442.02% -285.1% -307.87% -395.56%
Basic Earnings Per Share -$23.31 -$4.36 -$4.57
Diluted Earnings Per Share -$23.31 -$4.36 -$3.687M -$386.1K -$2.686M -$25.76M -$696.1M -$1.403B -$1.578B -$1.065B -$1.995B -$1.693B

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 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $5.275M $14.60M $19.50M $22.19M $10.94M $16.41M $5.390M $36.10M $43.06M $12.32M $12.22M $20.62M
YoY Change -63.88% -25.1% -12.14% 102.83% -33.33% 204.45% -85.07% -16.16% 249.51% 0.82% -40.74%
Cash & Equivalents $5.275M $14.60M $19.50M $22.19M $10.94M $16.41M $5.390M $36.10M $43.06M $12.32M $12.22M $20.62M
Short-Term Investments
Other Short-Term Assets $575.0K $362.0K $300.0K $350.0K $310.0K $640.0K $640.0K $660.0K $530.0K $430.0K $1.020M $790.0K
YoY Change 58.84% 20.67% -14.29% 12.9% -51.56% 0.0% -3.03% 24.53% 23.26% -57.84% 29.11%
Inventory $5.298M $4.965M $4.601M $3.880M $3.910M $3.420M $4.300M $8.460M $5.410M $3.990M $4.740M $3.520M
Prepaid Expenses
Receivables $1.014M $1.057M $1.393M $1.480M $1.460M $1.150M $1.130M $3.570M $2.060M $2.070M $1.630M $1.230M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $12.16M $20.99M $25.79M $27.90M $16.62M $21.62M $11.45M $48.79M $51.06M $18.80M $19.60M $26.14M
YoY Change -42.05% -18.63% -7.56% 67.87% -23.13% 88.82% -76.53% -4.45% 171.6% -4.08% -25.02%
Property, Plant & Equipment $1.589M $2.896M $3.274M $4.790M $6.520M $2.080M $2.950M $4.560M $2.820M $2.610M $4.860M $3.990M
YoY Change -45.13% -11.55% -31.65% -26.53% 213.46% -29.49% -35.31% 61.7% 8.05% -46.3% 21.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.00K $312.0K $420.0K $510.0K $680.0K $0.00 $690.0K $210.0K $230.0K $3.030M $550.0K $190.0K
YoY Change -93.91% -25.71% -17.65% -25.0% -100.0% 228.57% -8.7% -92.41% 450.91% 189.47%
Total Long-Term Assets $1.608M $3.208M $3.694M $5.300M $7.210M $2.080M $3.640M $4.770M $3.040M $5.640M $5.410M $4.180M
YoY Change -49.88% -13.16% -30.3% -26.49% 246.63% -42.86% -23.69% 56.91% -46.1% 4.25% 29.43%
Total Assets $13.77M $24.20M $29.49M $33.20M $23.83M $23.70M $15.09M $53.56M $54.10M $24.44M $25.01M $30.32M
YoY Change
Accounts Payable $777.0K $631.0K $1.394M $690.0K $660.0K $1.150M $1.270M $1.610M $1.110M $1.010M $1.000M $1.250M
YoY Change 23.14% -54.73% 102.03% 4.55% -42.61% -9.45% -21.12% 45.05% 9.9% 1.0% -20.0%
Accrued Expenses $4.230M $3.150M $3.312M $3.180M $3.160M $2.650M $4.410M $5.820M $6.370M $6.000M $2.730M $2.430M
YoY Change 34.29% -4.89% 4.15% 0.63% 19.25% -39.91% -24.23% -8.63% 6.17% 119.78% 12.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.29M $14.17M $0.00 $3.590M $8.970M $7.490M $44.74M $41.29M $0.00 $1.870M
YoY Change 0.9% -100.0% -59.98% 19.76% -83.26% 8.36% -100.0%
Total Short-Term Liabilities $19.30M $17.95M $4.706M $7.460M $12.79M $14.20M $50.48M $48.77M $7.480M $8.880M $3.730M $3.680M
YoY Change 7.54% 281.34% -36.92% -41.67% -9.93% -71.87% 3.51% 552.01% -15.77% 138.07% 1.36%
Long-Term Debt $0.00 $0.00 $12.29M $9.400M $0.00 $0.00 $0.00 $0.00 $29.57M $26.84M $33.78M $0.00
YoY Change -100.0% 30.71% -100.0% 10.17% -20.54%
Other Long-Term Liabilities $672.0K $2.103M $2.769M $3.260M $4.140M $40.00K $300.0K $550.0K $1.470M $330.0K $630.0K $630.0K
YoY Change -68.05% -24.05% -15.06% -21.26% 10250.0% -86.67% -45.45% -62.59% 345.45% -47.62% 0.0%
Total Long-Term Liabilities $672.0K $2.103M $15.06M $12.66M $4.140M $40.00K $300.0K $550.0K $31.04M $27.17M $34.41M $630.0K
YoY Change -68.05% -86.03% 18.93% 205.8% 10250.0% -86.67% -45.45% -98.23% 14.24% -21.04% 5361.9%
Total Liabilities $19.97M $20.05M $19.76M $20.12M $16.93M $14.24M $50.78M $49.32M $38.52M $36.05M $38.14M $4.310M
YoY Change -0.38% 1.45% -1.78% 18.84% 18.89% -71.96% 2.96% 28.04% 6.85% -5.48% 784.92%

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 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 786.0K 6.249M 4.722M
Diluted Shares Outstanding
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.5638 Million

About Avinger Inc

Avinger, Inc. is a commercial-stage medical device company, which engages in the designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease. The company is headquartered in Redwood City, California and currently employs 68 full-time employees. The company went IPO on 2015-01-30. The firm designs, manufactures, and sells real-time, image-guided, minimally invasive catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). Its Lumivascular platform includes the Lightbox real-time imaging console, the Ocelot and Tigereye family of catheters, which are image-guided catheters designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO), and the Pantheris family of catheters, its image-guided atherectomy family of catheters designed to allow physicians to remove arterial plaque in PAD patients. Its Pantheris is a single-use product and provides physicians with the ability to see a cross-sectional view of the peripheral artery to guide the removal of blockages throughout the procedure. The company has also developed a line extension of its Pantheris image-guided atherectomy platform, Pantheris Small Vessel (SV).

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES Sintx Technologies, Inc. Stimcell Energetics Inc. DYNATRONICS CORP Motus GI Holdings, Inc. HeartSciences Inc. HELIUS MEDICAL TECHNOLOGIES, INC. LogicMark, Inc. VIVEVE MEDICAL, INC. Catheter Precision, Inc.