Financial Snapshot

Revenue
$35.24M
TTM
Gross Margin
47.6%
TTM
Net Earnings
-$13.51M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
188.51%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$10.91M
Q2 2024
Cash
Q2 2024
P/E
-0.3082
Oct 17, 2024 EST
Free Cash Flow
-$18.96M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $34.07M $28.67M $24.10M $18.85M $26.18M
YoY Change 18.82% 18.98% 27.86% -28.01%

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 $34.07M $28.67M $24.10M $18.85M $26.18M
Cost Of Revenue $17.44M $15.19M $12.74M $9.066M $12.41M
Gross Profit $16.63M $13.49M $11.36M $9.783M $13.77M
Gross Profit Margin 48.8% 47.04% 47.13% 51.9% 52.61%

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 $37.80M $35.14M $25.84M $18.12M $28.70M
YoY Change 7.58% 35.99% 42.61% -36.86%
% of Gross Profit 227.35% 260.49% 227.48% 185.19% 208.34%
Research & Development $77.00K
YoY Change
% of Gross Profit 0.46%
Depreciation & Amortization $504.0K $100.0K $540.0K $562.0K $667.0K
YoY Change 404.0% -81.48% -3.91% -15.74%
% of Gross Profit 3.03% 0.74% 4.75% 5.74% 4.84%
Operating Expenses $38.00M $47.26M $24.56M $18.26M $29.66M
YoY Change -19.58% 92.43% 34.51% -38.44%
Operating Profit -$21.38M -$18.58M -$13.20M -$8.474M -$15.88M
YoY Change 15.04% 40.78% 55.76% -46.65%

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 -$7.889M $195.0K -$344.0K -$2.869M -$2.134M
YoY Change -4145.64% -156.69% -88.01% 34.44%
% of Operating Profit
Other Income/Expense, Net $3.064M $17.97M -$12.11M $1.552M $5.476M
YoY Change -82.95% -248.39% -880.41% -71.66%

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 -$20.12M -$608.0K -$37.66M -$10.92M -$10.95M
YoY Change 3208.72% -98.39% 244.75% -0.24%
Income Tax $14.00K $32.00K $56.00K $64.00K $33.00K
% Of Pretax Income
Net Earnings -$20.13M -$640.0K -$37.71M -$10.99M -$10.98M
YoY Change 3045.47% -98.3% 243.25% 0.05%
Net Earnings / Revenue -59.09% -2.23% -156.49% -58.29% -41.95%
Basic Earnings Per Share -$13.02 -$0.03 -$4.28
Diluted Earnings Per Share -$13.02 -$0.03 -$4.282M -$1.373M -$1.373M

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 $1.421M $27.84M $24.69M $8.201M $7.302M
YoY Change -94.9% 12.74% 201.11% 12.31%
Cash & Equivalents $1.343M $17.21M $24.55M $8.080M $7.302M
Short-Term Investments $78.00K $10.63M $149.0K $121.0K $0.00
Other Short-Term Assets $5.584M $725.0K $4.838M $995.0K $900.0K
YoY Change 670.21% -85.01% 386.23% 10.56%
Inventory $10.91M $7.168M $4.458M $7.091M $10.48M
Prepaid Expenses
Receivables $5.162M $7.406M $12.43M $3.289M $4.786M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $23.08M $43.14M $46.42M $19.58M $23.47M
YoY Change -46.51% -7.07% 137.13% -16.58%
Property, Plant & Equipment $1.746M $1.579M $267.0K $370.0K $503.0K
YoY Change 10.58% 491.39% -27.84% -26.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $482.0K $320.0K $268.0K $323.0K $494.0K
YoY Change 50.63% 19.4% -17.03% -34.62%
Total Long-Term Assets $4.857M $7.744M $6.798M $4.562M $5.284M
YoY Change -37.28% 13.92% 49.01% -13.66%
Total Assets $27.93M $50.88M $53.22M $24.14M $28.75M
YoY Change
Accounts Payable $9.006M $2.590M $940.0K $1.714M $7.814M
YoY Change 247.72% 175.53% -45.16% -78.07%
Accrued Expenses $4.492M $10.99M $8.825M $2.137M $2.976M
YoY Change -59.13% 24.53% 312.96% -28.19%
Deferred Revenue
YoY Change
Short-Term Debt $3.904M $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.09M $20.89M $13.84M $4.420M $11.74M
YoY Change -13.43% 51.01% 213.03% -62.36%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $38.20M
YoY Change -100.0%
Other Long-Term Liabilities $5.051M $6.112M $28.05M $13.89M $8.989M
YoY Change -17.36% -78.21% 101.91% 54.52%
Total Long-Term Liabilities $5.051M $6.112M $28.05M $13.89M $47.19M
YoY Change -17.36% -78.21% 101.91% -70.57%
Total Liabilities $23.14M $27.01M $41.88M $18.31M $58.93M
YoY Change -14.32% -35.52% 128.73% -68.93%

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 1.546M shares 21.14M shares 8.808M shares
Diluted Shares Outstanding 1.546M shares 1.057M 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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.1632 Million

About Biofrontera Inc

Biofrontera, Inc. is a biopharmaceutical company, which engages in the commercialization of pharmaceutical products. The company is headquartered in Woburn, Massachusetts and currently employs 85 full-time employees. The company went IPO on 2021-10-14. The firm is focused on commercializing a portfolio of pharmaceutical products for the treatment of dermatological conditions with a focus on photodynamic therapy (PDT) and topical antibiotics. The firm's licensed products are used for the treatment of actinic keratoses, which are pre-cancerous skin lesions, as well as impetigo, a bacterial skin infection. Its principal licensed product is Ameluz, which is a prescription drug for use in combination with the BF-RhodoLED lamp series, for photodynamic therapy. In the United States, the PDT treatment is used for the lesion-directed and field-directed treatment of actinic keratoses (AK) of mild-to-moderate severity on the face and scalp. Its second prescription drug licensed product in its portfolio is Xepi, which is a topical non-fluorinated quinolone that inhibits bacterial growth and used for the treatment of impetigo due to Staphylococcus aureus or Streptococcus pyogenes.

Industry: Pharmaceutical Preparations Peers: Acer Therapeutics Inc. Cocrystal Pharma Inc CalciMedica Inc Johnson & Johnson LANNETT CO INC Traws Pharma Inc Provectus Biopharmaceuticals Inc