Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$2.184M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
18.12%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$643.0K
Q2 2024
Cash
Q2 2024
P/E
-2.792
Nov 29, 2024 EST
Free Cash Flow
-$1.344M
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 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $85.75K $48.40K $63.67K $89.32K $106.1K $50.00K $40.00K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 77.18% -23.99% -28.72% -15.78% 112.12% 25.0%

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 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $85.75K $48.40K $63.67K $89.32K $106.1K $50.00K $40.00K $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 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $1.792M $2.133M $5.615M $1.029M $1.487M $751.3K $936.8K $383.8K $800.0K $1.065M $1.080M $1.480M $1.430M $1.110M $1.220M $2.580M $2.820M $1.190M $370.0K $600.0K
YoY Change -15.99% -62.01% 445.61% -30.78% 97.92% -19.81% 144.09% -52.03% -24.89% -1.37% -27.03% 3.5% 28.83% -9.02% -52.71% -8.51% 136.97% 221.62% -38.33%
% of Gross Profit
Research & Development $513.0K $535.8K $470.0K $151.9K $148.9K $85.07K $456.4K $301.0K $47.74K $198.6K $373.0K $519.4K $942.2K $469.4K $310.0K $950.0K $1.020M $250.0K $230.0K $10.00K
YoY Change -4.27% 14.01% 209.48% 2.01% 75.01% -81.36% 51.62% 530.47% -75.96% -46.77% -28.19% -44.87% 100.73% 51.42% -67.37% -6.86% 308.0% 8.7% 2200.0%
% of Gross Profit
Depreciation & Amortization $12.50K $6.803K $0.00 $126.00 $756.00 $756.00 $1.002K $1.116K $0.00 $4.280K $5.529K $6.230K $6.165K $10.00K $0.00 $0.00
YoY Change 83.79% -100.0% -83.33% 0.0% -24.55% -10.22% -100.0% -22.59% -11.25% 1.05% -38.35%
% of Gross Profit
Operating Expenses $513.0K $535.8K $470.0K $151.9K $148.9K $85.07K $456.4K $301.0K $847.8K $198.6K $373.0K $519.4K $942.2K $469.4K $1.530M $3.530M $3.840M $1.440M $590.0K $620.0K
YoY Change -4.27% 14.01% 209.48% 2.01% 75.01% -81.36% 51.62% -64.5% 326.97% -46.77% -28.19% -44.87% 100.73% -69.32% -56.66% -8.07% 166.67% 144.07% -4.84%
Operating Profit
YoY Change

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 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense $217.6K $202.8K $229.5K $665.2K $287.3K $394.9K $320.1K $60.08K -$57.79K $75.74K $80.36K $163.3K $37.19K $75.97K -$80.00K -$120.0K -$90.00K -$30.00K
YoY Change 7.31% -11.66% -65.5% 131.54% -27.25% 23.38% 432.76% -203.97% -176.31% -5.75% -50.79% 339.12% -51.05% -194.96% -33.33% 33.33% 200.0%
% of Operating Profit
Other Income/Expense, Net $0.00 $184.8K $0.00
YoY Change -100.0%

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 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income -$2.308M -$2.863M -$6.269M -$1.845M -$1.854M -$1.046M -$1.713M -$744.9K -$900.4K -$1.254M -$1.480M -$2.100M -$2.320M -$1.520M -$1.570M -$3.610M -$3.930M -$1.470M -$590.0K -$620.0K
YoY Change -19.41% -54.33% 239.78% -0.51% 77.2% -38.92% 130.01% -17.28% -28.18% -15.29% -29.52% -9.48% 52.63% -3.18% -56.51% -8.14% 167.35% 149.15% -4.84%
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
% Of Pretax Income
Net Earnings -$2.308M -$2.863M -$6.269M -$1.845M -$1.854M -$1.046M -$1.713M -$744.9K -$900.4K -$1.254M -$1.482M -$2.102M -$2.320M -$1.524M -$1.567M -$3.612M -$3.929M -$1.470M -$592.8K -$617.9K
YoY Change -19.41% -54.33% 239.78% -0.51% 77.2% -38.92% 130.01% -17.28% -28.18% -15.41% -29.48% -9.43% 52.29% -2.75% -56.62% -8.08% 167.3% 147.95% -4.06% 1091.64%
Net Earnings / Revenue -1462.07% -3062.34% -3301.03% -2597.84% -1436.69% -3133.67% -9028.88%
Basic Earnings Per Share -$0.01 -$0.01 -$0.03
Diluted Earnings Per Share -$0.01 -$0.01 -$25.70K -$9.103K -$26.15K -$15.41K -$67.29K -$599.9K -$305.3K -$954.5K -$4.229M -$16.15M -$23.20M -$30.40M -$78.50M -$361.0M -$393.0M -$147.0M -$59.00M -$160.6M

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 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $524.0K $2.356M $4.053M $22.22K $58.15K $4.000K $470.6K $590.00 $8.810K $34.49K $70.00K $0.00 $20.00K $370.0K $0.00 $50.00K $710.0K $200.0K $150.0K $10.00K
YoY Change -77.76% -41.87% 18141.81% -61.79% 1353.75% -99.15% 79667.8% -93.3% -74.46% -50.73% -100.0% -94.59% -100.0% -92.96% 255.0% 33.33% 1400.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $132.7K $114.2K $133.5K $180.0K $88.82K $37.24K $35.36K $44.85K $1.830K $17.15K $10.00K $10.00K $40.00K $20.00K $10.00K $20.00K $20.00K $0.00 $0.00 $0.00
YoY Change 16.18% -14.45% -25.82% 102.61% 138.51% 5.32% -21.16% 2350.82% -89.33% 71.5% 0.0% -75.0% 100.0% 100.0% -50.0% 0.0%
Inventory
Prepaid Expenses
Receivables $0.00 $0.00 $80.00K $20.00K $10.00K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $656.7K $2.471M $4.187M $202.2K $147.0K $41.24K $506.0K $45.45K $15.64K $51.63K $80.00K $90.00K $70.00K $400.0K $10.00K $60.00K $720.0K $200.0K $150.0K $10.00K
YoY Change -73.42% -40.99% 1970.84% 37.57% 256.38% -91.85% 1013.29% 190.6% -69.71% -35.46% -11.11% 28.57% -82.5% 3900.0% -83.33% -91.67% 260.0% 33.33% 1400.0%
Property, Plant & Equipment $109.8K $73.46K $0.00 $130.00 $880.00 $1.640K $6.130K $7.250K $0.00 $0.00 $0.00 $10.00K $20.00K $20.00K $30.00K $10.00K $10.00K
YoY Change 49.43% -100.0% -85.23% -46.34% -73.25% -15.45% -100.0% -50.0% 0.0% -33.33% 200.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.550K $4.550K $16.34K $18.95K $3.580K $2.320K $2.320K $2.320K $0.00 $5.440K $30.00K $0.00 $0.00 $0.00 $30.00K $70.00K $100.0K $110.0K
YoY Change 0.0% -72.15% -13.77% 429.33% 54.31% 0.0% 0.0% -100.0% -81.87% -100.0% -57.14% -30.0% -9.09%
Total Long-Term Assets $1.105M $1.151M $1.172M $1.244M $1.309M $1.389M $1.470M $1.567M $7.240K $5.440K $30.00K $10.00K $10.00K $10.00K $60.00K $110.0K $110.0K $110.0K $0.00 $0.00
YoY Change -4.03% -1.79% -5.79% -4.97% -5.74% -5.51% -6.22% 21545.99% 33.09% -81.87% 200.0% 0.0% 0.0% -83.33% -45.45% 0.0% 0.0%
Total Assets $1.761M $3.622M $5.359M $1.446M $1.456M $1.430M $1.976M $1.613M $22.88K $57.07K $110.0K $100.0K $80.00K $410.0K $70.00K $170.0K $830.0K $310.0K $150.0K $10.00K
YoY Change
Accounts Payable $75.92K $317.0K $307.1K $396.0K $615.8K $597.8K $755.5K $351.1K $24.52K $384.6K $140.0K $320.0K $700.0K $200.0K $840.0K $1.140M $480.0K $380.0K $210.0K $50.00K
YoY Change -76.05% 3.22% -22.45% -35.69% 3.01% -20.87% 115.15% 1332.06% -93.63% 174.74% -56.25% -54.29% 250.0% -76.19% -26.32% 137.5% 26.32% 80.95% 320.0%
Accrued Expenses $0.00 $494.3K $281.8K $88.92K $3.050K $194.9K $20.00K $20.00K $10.00K $540.0K $300.0K $70.00K $10.00K $30.00K $160.0K $320.0K
YoY Change -100.0% 75.41% 216.91% 2815.41% -98.43% 874.4% 0.0% 100.0% -98.15% 80.0% 328.57% 600.0% -66.67% -81.25% -50.0%
Deferred Revenue
YoY Change
Short-Term Debt $95.38K $61.40K $0.00 $46.58K $39.14K $94.76K $110.8K $114.3K $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 55.34% -100.0% 19.01% -58.7% -14.47% -3.04%
Long-Term Debt Due $476.1K $0.00 $1.702M $1.262M $0.00 $610.0K $660.0K $0.00 $400.0K $560.0K $360.0K $700.0K $570.0K $0.00
YoY Change -100.0% 34.84% -100.0% -7.58% -100.0% -28.57% 55.56% -48.57% 22.81%
Total Short-Term Liabilities $647.4K $378.4K $307.1K $442.6K $655.0K $2.889M $2.411M $554.3K $27.56K $1.007M $960.0K $1.010M $730.0K $1.150M $1.760M $1.710M $1.190M $970.0K $380.0K $380.0K
YoY Change 71.09% 23.21% -30.61% -32.42% -77.33% 19.86% 334.85% 1911.36% -97.26% 4.89% -4.95% 38.36% -36.52% -34.66% 2.92% 43.7% 22.68% 155.26% 0.0%
Long-Term Debt $1.004M $1.415M $1.188M $266.6K $120.5K $0.00 $124.4K $1.054M $130.6K $0.00 $0.00 $70.00K $110.0K $400.0K $90.00K $680.0K $560.0K $230.0K $160.0K $0.00
YoY Change -29.05% 19.14% 345.43% 121.23% -100.0% -88.2% 707.48% -100.0% -36.36% -72.5% 344.44% -86.76% 21.43% 143.48% 43.75%
Other Long-Term Liabilities $0.00 $490.0K $490.0K $490.0K $490.0K $0.00
YoY Change -100.0% 0.0% 0.0% 0.0%
Total Long-Term Liabilities $1.004M $1.415M $1.188M $266.6K $120.5K $0.00 $124.4K $1.054M $130.6K $0.00 $490.0K $560.0K $600.0K $890.0K $90.00K $680.0K $560.0K $230.0K $160.0K $0.00
YoY Change -29.05% 19.14% 345.43% 121.23% -100.0% -88.2% 707.48% -100.0% -12.5% -6.67% -32.58% 888.89% -86.76% 21.43% 143.48% 43.75%
Total Liabilities $1.651M $1.793M $1.495M $709.2K $775.5K $2.889M $2.535M $1.609M $158.1K $1.007M $1.450M $1.570M $1.330M $2.040M $1.860M $2.380M $1.750M $1.190M $540.0K $380.0K
YoY Change -7.92% 19.98% 110.75% -8.54% -73.16% 13.98% 57.58% 917.23% -84.29% -30.56% -7.64% 18.05% -34.8% 9.68% -21.85% 36.0% 47.06% 120.37% 42.11%

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 2011 2010 2009 2008 2007 2006 2005 2004
Basic Shares Outstanding 277.7M 258.3M 244.0M
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: $6.0994 Million

About CORETEC GROUP INC.

The Coretec Group, Inc. is a technology-based solutions company. The company is headquartered in Ann Arbor, Michigan. The company went IPO on 2003-02-13. This program is called Endurion. Through its micron and nanoparticle approach, Endurion is engaged in loading silicon into the battery anode. The company uses silicon-based nanoparticles to mitigate the swelling and pulverization issues that are common in early iterations of silicon anodes. Additionally, Endurion nanoparticles are being engineered with an inherent SEI layer that allows better conduction of lithium-ions across the SEI layer, leading to better cycle life. Endurion is being designed to increase energy density in batteries and allow for endurance, enhanced performance, and larger capacity in burgeoning applications, such as electric vehicles, military technologies, mobile devices, and space exploration. The company is also exploring ways to use its intellectual property to develop optical plastics to advance development of its CSpace 3D imaging chamber.

Industry: Communications Equipment, NEC Peers: AURA SYSTEMS INC CAPSTONE COMPANIES, INC. SUNation Energy, Inc. ENERGY FOCUS, INC/DE Expion360 Inc. SERVOTRONICS INC /DE/