Financial Snapshot

Revenue
$92.90K
TTM
Gross Margin
90.02%
TTM
Net Earnings
-$4.136M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
0.31%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$9.535M
Q2 2024
Cash
Q2 2024
P/E
-0.1971
Nov 29, 2024 EST
Free Cash Flow
-$757.4K
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $39.52K $8.875K $60.46K $0.00 $0.00 $195.6K $47.57K $47.06K $49.14K $0.00 $21.67K $43.33K $10.00K
YoY Change 345.27% -85.32% -100.0% 311.2% 1.08% -4.23% -100.0% -50.0% 333.33%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $39.52K $8.875K $60.46K $0.00 $0.00 $195.6K $47.57K $47.06K $49.14K $0.00 $21.67K $43.33K $10.00K
Cost Of Revenue $0.00 $0.00 $8.510K $42.86K $154.1K $50.39K
Gross Profit $0.00 $0.00 $187.1K $4.710K -$107.1K -$1.250K
Gross Profit Margin 95.65% 9.9% -227.52% -2.54%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $2.238M $4.082M $5.668M $4.506M $3.105M $3.154M $1.797M $3.413M $9.476M $510.0K
YoY Change -45.18% -27.99% 25.79% 45.11% -1.55% 75.48% -47.34% -63.98% 1757.98%
% of Gross Profit 1685.86% 38163.06%
Research & Development $125.5K $153.7K $284.9K $426.7K $0.00 $2.056M $1.353M $235.6K $571.5K $0.00
YoY Change -18.35% -46.05% -33.24% -100.0% 51.98% 474.31% -58.78%
% of Gross Profit 1098.97% 28725.48%
Depreciation & Amortization $32.57K $31.68K $2.116M $16.00K $6.520K $12.84K $3.360K $3.360K $1.120K $0.00 $10.00K $0.00
YoY Change 2.82% -98.5% 13123.06% 145.4% -49.22% 282.14% 0.0% 200.0%
% of Gross Profit 6.86% 71.34%
Operating Expenses $2.790M $4.662M $8.069M $4.949M $3.109M $5.214M $3.154M $3.652M $10.05M $510.0K $110.9K $58.24K $12.79K
YoY Change -40.14% -42.23% 63.04% 59.19% -40.37% 65.32% -13.65% -63.65% 1870.25% 359.93% 90.4% 355.19%
Operating Profit -$2.751M -$4.653M -$13.97M -$4.949M -$3.109M -$5.027M -$3.149M -$3.759M -$10.05M
YoY Change -40.88% -66.71% 182.38% 59.19% -38.15% 59.62% -16.24% -62.59%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$4.437M -$1.111M -$742.3K -$533.9K $84.51K -$1.579M -$1.019M -$513.4K -$43.22K -$30.00K $0.00
YoY Change 299.47% 49.62% 39.03% -731.74% -105.35% 54.94% 98.51% 1087.81% 44.07%
% of Operating Profit
Other Income/Expense, Net $5.309M $1.590M $2.049M $57.40K $0.00 -$152.1K $778.00 $4.720K $500.00
YoY Change 233.85% -22.4% -100.0% -83.52% 844.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$8.060M -$6.243M -$16.02M -$6.291M -$2.967M -$6.755M -$4.168M -$5.810M -$10.09M -$540.0K -$60.00K -$10.00K $0.00
YoY Change 29.1% -61.04% 154.73% 112.02% -56.08% 62.05% -28.26% -42.43% 1769.03% 800.0% 500.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$8.060M -$6.243M -$16.03M -$6.410M -$6.448M -$6.755M -$4.168M -$5.810M -$10.09M -$580.0K -$89.22K -$14.90K -$2.794K
YoY Change 29.1% -61.06% 150.12% -0.58% -4.55% 62.05% -28.26% -42.43% 1640.13% 550.09% 498.62% 433.43%
Net Earnings / Revenue -20394.96% -70343.09% -26517.22% -3453.12% -8762.25% -12345.75% -20538.81% -411.77% -34.39% -27.94%
Basic Earnings Per Share -$0.04 $0.04 $0.12
Diluted Earnings Per Share -$0.04 $0.04 -$121.9K -$58.07K -$104.1K -$117.9K -$78.21K -$139.2K -$272.4K -$17.58K -$2.727K -$303.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $156.5K $47.28K $453.0K $457.2K $752.9K $1.956M $2.058M $713.4K $134.2K $660.0K $0.00 $20.00K $20.00K
YoY Change 230.92% -89.56% -0.92% -39.28% -61.5% -4.97% 188.48% 431.68% -79.67% -100.0% 0.0%
Cash & Equivalents
Short-Term Investments $0.00 $241.2K $150.0K
Other Short-Term Assets $0.00 $56.70K $183.7K $255.9K $77.61K $52.11K $40.99K $116.9K $842.8K $70.00K
YoY Change -100.0% -69.13% -28.24% 229.75% 48.93% 27.13% -64.94% -86.13% 1104.04%
Inventory $487.8K $9.800K $8.770K $38.45K $200.8K
Prepaid Expenses
Receivables $315.8K $0.00 $20.00K $70.00K
Other Receivables $5.000K $0.00 $0.00 $0.00
Total Short-Term Assets $156.5K $104.0K $636.6K $713.1K $1.639M $2.023M $2.113M $1.374M $1.183M $740.0K $0.00 $40.00K $90.00K
YoY Change 50.47% -83.67% -10.73% -56.5% -18.96% -4.26% 53.79% 16.14% 59.84% -100.0% -55.56%
Property, Plant & Equipment $361.1K $113.6K $193.7K $234.8K $2.240K $5.590K $8.950K $12.31K $15.66K
YoY Change 217.79% -41.33% -17.52% 10383.04% -59.93% -37.54% -27.29% -21.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.010K $5.000K $5.000K $7.805M $0.00 $7.440K $7.440K
YoY Change 80.2% 0.0% -99.94% -100.0% 0.0%
Total Long-Term Assets $3.965M $4.108M $4.687M $10.60M $52.77K $66.72K $79.56K $75.47K $78.83K $0.00 $60.00K $90.00K $50.00K
YoY Change -3.48% -12.35% -55.79% 19989.63% -20.91% -16.14% 5.42% -4.26% -100.0% -33.33% 80.0%
Total Assets $4.122M $4.212M $5.323M $11.31M $1.692M $2.089M $2.192M $1.449M $1.262M $740.0K $60.00K $130.0K $140.0K
YoY Change
Accounts Payable $2.781M $1.316M $909.5K $1.073M $774.8K $217.7K $441.8K $401.2K $324.0K $140.0K $50.00K $30.00K $10.00K
YoY Change 111.29% 44.73% -15.25% 38.51% 255.84% -50.71% 10.1% 23.83% 131.44% 180.0% 66.67% 200.0%
Accrued Expenses $94.83K $19.79K $114.3K $73.36K $166.9K $140.5K $114.1K
YoY Change 379.18% -82.68% 55.77% -56.05% 18.79% 23.13%
Deferred Revenue
YoY Change
Short-Term Debt $21.50K $26.78K $1.557M $349.6K $2.449M $2.553M $2.508M $2.611M $2.167M $1.050M $50.00K $50.00K $0.00
YoY Change -19.72% -98.28% 345.4% -85.72% -4.09% 1.79% -3.92% 20.49% 106.34% 2000.0% 0.0%
Long-Term Debt Due $0.00 $4.636M $0.00 $50.00K $50.00K
YoY Change -100.0% -100.0% 0.0%
Total Short-Term Liabilities $5.978M $3.392M $2.581M $1.496M $3.395M $3.324M $7.705M $3.017M $2.546M $1.320M $150.0K $140.0K $130.0K
YoY Change 76.23% 31.44% 72.49% -55.93% 2.15% -56.86% 155.4% 18.51% 92.85% 780.0% 7.14% 7.69%
Long-Term Debt $5.663M $5.645M $5.061M $5.835M $5.057M $4.847M $771.5K $803.9K $411.2K $0.00 $0.00 $0.00 $0.00
YoY Change 0.31% 11.55% -13.28% 15.4% 4.33% 528.27% -4.03% 95.51%
Other Long-Term Liabilities $137.0K $0.00 $20.00K $76.87K
YoY Change -100.0% -73.98%
Total Long-Term Liabilities $5.800M $5.645M $5.081M $5.912M $5.057M $4.847M $771.5K $803.9K $411.2K $0.00 $0.00 $0.00 $0.00
YoY Change 2.74% 11.11% -14.07% 16.92% 4.33% 528.27% -4.03% 95.51%
Total Liabilities $11.78M $9.037M $7.662M $9.749M $8.452M $8.171M $8.477M $3.821M $2.957M $1.320M $150.0K $140.0K $130.0K
YoY Change 30.33% 17.96% -21.41% 15.34% 3.44% -3.6% 121.86% 29.22% 124.0% 780.0% 7.14% 7.69%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $815.29 Thousand

About AXIM BIOTECHNOLOGIES, INC.

AXIM Biotechnologies, Inc. operates as a biotechnology company, which engages in the development of diagnostic healthcare solutions. The company is headquartered in San Diego, California and currently employs 6 full-time employees. The company went IPO on 2013-04-09. The firm is focused on improving the landscape for the diagnosis of ophthalmological conditions such as dry eye disease (DED) through rapid diagnostic tests. Its core competencies include development of rapid lateral flow immunoassays, reagents, and monoclonal antibody development for such assays. Its product categories include Eye Health, wherein the Company acquired two FDA cleared tests for dye eye disease and has internally developed a third assay; and SARS-CoV-2 neutralizing antibody tests. The firm is focused on developing a proprietary diagnostic platform that can be adapted to test for a variety of analytes including SARS-Cov-2, Lactoferrin, IgE, Lacritin, and MMP-9. Its platform capability can also be applied to rapid testing for vaccine candidates. Its platform can also be used to enable point-of-care detection for one or more cancers using a unique cancer biomarker, QSOX1-L.

Industry: Pharmaceutical Preparations Peers: Aprea Therapeutics, Inc. Aridis Pharmaceuticals, Inc. Old Ayala, Inc bioAffinity Technologies, Inc. GYRE THERAPEUTICS, INC. Innovation Pharmaceuticals Inc. Cyclo Therapeutics, Inc. Cyclacel Pharmaceuticals, Inc.