Financial Snapshot

Revenue
$10.07M
TTM
Gross Margin
Net Earnings
-$11.95M
TTM
Current Assets
Q3 2024
Current Liabilities
$3.246M
Q3 2024
Current Ratio
1503.52%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$45.64M
Q3 2024
Cash
Q3 2024
P/E
-6.701
Nov 29, 2024 EST
Free Cash Flow

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 2000 1999 1997 1996
Revenue $7.145M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $70.00K $370.0K $570.0K $40.00K $0.00 $40.00K $310.0K $380.0K $240.0K $2.560M $26.94M $27.91M $13.06M $4.980M
YoY Change -100.0% -81.08% -35.09% 1325.0% -100.0% -87.1% -18.42% 58.33% -90.63% -3.48% 162.25%

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 2000 1999 1997 1996
Revenue $7.145M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $70.00K $370.0K $570.0K $40.00K $0.00 $40.00K $310.0K $380.0K $240.0K $2.560M $26.94M $27.91M $13.06M $4.980M
Cost Of Revenue $0.00 $240.0K $2.310M $210.0K $0.00 $20.00K $80.00K $10.00K $540.0K $2.530M $27.28M $23.72M $10.61M $3.680M
Gross Profit $70.00K $140.0K -$1.740M -$170.0K $0.00 $20.00K $230.0K $370.0K -$300.0K $20.00K -$340.0K $4.190M $2.460M $1.300M
Gross Profit Margin 100.0% 37.84% -305.26% -425.0% 50.0% 74.19% 97.37% -125.0% 0.78% -1.26% 15.01% 18.84% 26.1%

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 2000 1999 1997 1996
Selling, General & Admin $5.719M $8.735M $7.445M $6.440M $4.830M $6.170M $6.190M $11.09M $2.520M $4.760M $7.310M $10.34M $12.76M $6.770M $2.900M $1.170M $3.060M $6.420M $3.190M $3.800M $1.280M
YoY Change -34.52% 17.32% 15.61% 33.33% -21.72% -0.32% -44.18% 340.08% -47.06% -34.88% -29.3% -18.97% 88.48% 133.45% 147.86% -61.76% 101.25% 196.88%
% of Gross Profit 10442.86% 7385.71% 5850.0% 1330.43% 76.13% 154.47% 98.46%
Research & Development $8.439M $7.237M $8.499M $9.428M $6.620M $5.752M $5.089M $7.252M $3.875M $2.861M $470.0K $300.0K $190.0K $80.00K
YoY Change 16.6% -14.85% -9.85% 42.42% 15.08% 13.04% -29.83% 87.13% 35.47% 56.67% 137.5%
% of Gross Profit 7.16% 7.72% 6.15%
Depreciation & Amortization $0.00 $93.42K $103.2K $97.92K $110.4K $67.98K $25.34K $23.27K $566.3K $680.0K $30.00K $120.0K $50.00K $50.00K $60.00K $60.00K $0.00 $0.00 $390.0K $170.0K $90.00K $30.00K
YoY Change -100.0% -9.45% 5.36% -11.29% 62.36% 168.25% 8.91% -95.89% -16.73% 2166.67% -75.0% 140.0% 0.0% -16.67% 0.0% 129.41% 200.0%
% of Gross Profit 971.43% 21.43% 300.0% 26.09% 0.0% 4.06% 3.66% 2.31%
Operating Expenses $14.16M $7.237M $8.499M $9.428M $6.620M $5.752M $5.089M $7.252M $23.83M $14.61M $7.980M $10.51M $12.83M $6.820M $2.950M $1.230M $3.110M $1.100M $1.070M $2.660M $6.880M $3.490M $4.080M $1.390M
YoY Change 95.63% -14.85% -9.85% 42.42% 15.08% 13.04% -29.83% -69.56% 63.04% 83.13% -24.07% -18.08% 88.12% 131.19% 139.84% -60.45% 182.73% 2.8% -59.77% 97.13% 193.53%
Operating Profit -$7.813M -$15.97M -$24.68M -$15.97M -$11.55M -$18.96M -$11.35M -$18.37M -$6.406M -$14.61M -$7.910M -$10.37M -$14.57M -$6.990M -$2.950M -$1.210M -$2.880M -$730.0K -$1.370M -$2.640M -$7.220M $700.0K -$1.620M -$90.00K
YoY Change -51.08% -35.28% 54.47% 38.29% -39.07% 67.06% -38.23% 186.78% -56.16% 84.75% -23.72% -28.83% 108.44% 136.95% 143.8% -57.99% 294.52% -46.72% -48.11% -1131.43% 1700.0%

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 2000 1999 1997 1996
Interest Expense $219.4K $380.8K $137.5K $114.3K $85.30K $3.000K $100.0K $37.00K $313.1K $273.5K $7.320M $6.330M -$7.220M -$80.00K -$120.0K -$190.0K -$160.0K -$140.0K -$110.0K -$70.00K -$930.0K -$480.0K -$130.0K -$20.00K
YoY Change -42.37% 176.94% 20.33% 33.94% 2743.4% -97.0% 170.27% -88.18% 14.48% -96.26% 15.64% -187.67% 8925.0% -33.33% -36.84% 18.75% 14.29% 27.27% 57.14% 93.75% 550.0%
% of Operating Profit -68.57%
Other Income/Expense, Net $5.422M -$2.328M $0.00 -$13.10M $6.357K -$2.556M $70.00K -$1.390M $1.010M -$690.0K $0.00 $0.00 $380.0K $130.0K -$360.0K -$10.00K $100.0K -$30.00K $70.00K $10.00K
YoY Change -332.93% -100.0% -100.25% -3751.27% -105.04% -237.62% -246.38% -100.0% 192.31% -136.11% 3500.0% -433.33% 600.0%

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 2000 1999 1997 1996
Pretax Income -$2.172M -$15.59M -$24.54M -$15.86M -$11.47M -$18.81M -$2.420M -$18.40M -$6.719M -$17.17M -$2.460M -$6.850M -$22.64M -$8.410M -$3.400M -$2.090M -$2.670M -$740.0K -$1.840M -$2.710M -$8.060M $200.0K -$1.670M -$100.0K
YoY Change -86.07% -36.46% 54.72% 38.32% -39.03% 677.09% -86.85% 173.86% -60.87% 597.96% -64.09% -69.74% 169.2% 147.35% 62.68% -21.72% 260.81% -59.78% -32.1% -4130.0% 1570.0%
Income Tax $0.00 -$443.9K -$1.675M $332.9K -$437.3K -$1.056M -$364.8K -$2.817M $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 $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.172M -$15.59M -$24.10M -$14.19M -$11.80M -$18.37M -$1.365M -$18.04M -$6.719M -$14.35M -$2.460M -$6.870M -$22.64M -$8.410M -$3.400M -$2.090M -$2.670M -$740.0K -$1.840M -$2.710M -$8.060M $240.0K -$1.670M -$100.0K
YoY Change -86.07% -35.29% 69.86% 20.22% -35.77% 1246.25% -92.43% 168.43% -53.18% 483.33% -64.19% -69.66% 169.2% 147.35% 62.68% -21.72% 260.81% -59.78% -32.1% -3458.33% 1570.0%
Net Earnings / Revenue -30.4% -3514.29% -1856.76% -3971.93% -21025.0% -5225.0% -861.29% -194.74% -766.67% -105.86% -29.92% 0.86% -12.79% -2.01%
Basic Earnings Per Share -$0.82 -$7.65 -$0.25 -$0.30 -$1.76 -$8.21 -$3.16 -$1.76
Diluted Earnings Per Share -$0.82 $2.039M $97.63M $53.83M $6.707M $3.242M -$29.11 -$1.76 -$39.53M -$143.5M -$123.0M -$687.0M -$2.264B -$2.186B -$884.2M -$581.9M -$818.4M -$229.8M -$594.2M -$923.7M -$7.074B $177.6M -$1.619B -$111.5M

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 2000 1999 1997 1996
Cash & Short-Term Investments $7.793M $22.52M $37.31M $18.52M $14.18M $7.990M $8.900M $1.550M $2.000M $21.88M $250.0K $310.0K $100.0K $0.00 $0.00 $0.00 $0.00 $30.00K $10.00K $90.00K
YoY Change -65.4% -39.64% 101.48% 30.61% 77.47% -10.22% 474.19% -22.5% -90.86% 8652.0% -19.35% 210.0% 200.0%
Cash & Equivalents $7.793M $10.11M $37.31M $18.52M $14.18M $7.990M $8.900M $1.550M $2.000M $21.88M $250.0K $310.0K $100.0K
Short-Term Investments $12.41M
Other Short-Term Assets $1.257M $112.4K $510.0K $260.0K $470.0K $920.0K $770.0K $50.00K $50.00K $2.290M $2.740M $80.00K $90.00K $610.0K $0.00 $200.0K $180.0K $410.0K $530.0K $120.0K $350.0K $720.0K $380.0K
YoY Change 1017.78% -77.96% 96.16% -44.68% -48.91% 19.48% 1440.0% 0.0% -97.82% -16.42% 3325.0% -11.11% -85.25% -100.0% 11.11% -56.1% -22.64% 341.67% -51.39%
Inventory $10.00K $10.00K $17.45M $11.84M $6.640M
Prepaid Expenses
Receivables $10.00K $0.00 $2.230M $4.650M $970.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $9.965M $22.64M $37.82M $18.78M $14.65M $8.910M $9.670M $1.600M $2.040M $24.17M $3.000M $460.0K $190.0K $610.0K $0.00 $220.0K $190.0K $410.0K $530.0K $120.0K $20.06M $17.22M $8.080M
YoY Change -55.98% -40.16% 101.4% 28.19% 64.42% -7.86% 504.38% -21.57% -91.56% 705.67% 552.17% 142.11% -68.85% -100.0% 15.79% -53.66% -22.64% 341.67% 16.49%
Property, Plant & Equipment $0.00 $300.0K $500.0K $350.0K $460.0K $80.00K $50.00K $100.0K $10.00K $50.00K $80.00K $10.00K $0.00 $0.00 $10.00K $30.00K $40.00K $20.00K $2.010M $1.080M $580.0K
YoY Change -100.0% -40.0% 42.86% -23.91% 475.0% 60.0% -50.0% 900.0% -80.0% -37.5% 700.0% -100.0% -66.67% -25.0% 100.0% 86.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $40.00K $40.00K
YoY Change 0.0%
Other Assets $7.770K $0.00 $15.58K $20.00K $320.0K $300.0K $450.0K $230.0K $180.0K $50.00K $1.580M $210.0K $0.00 $20.00K $60.00K $60.00K
YoY Change -100.0% -22.1% -93.75% 6.67% -33.33% 95.65% 27.78% -96.84% 652.38% -66.67%
Total Long-Term Assets $7.770K $0.00 $15.58K $8.950M $9.460M $9.290M $16.48M $15.88M $240.0K $18.61M $15.34M $1.990M $3.480M $4.970M $4.280M $5.140M $6.510M $6.570M $6.630M $3.380M $2.120M $1.200M $690.0K
YoY Change -100.0% -99.83% -5.39% 1.83% -43.63% 3.78% 6516.67% -98.71% 21.32% 670.85% -42.82% -29.98% 16.12% -16.73% -21.04% -0.91% -0.9% 96.15% 76.67%
Total Assets $9.973M $22.64M $37.84M $27.73M $24.11M $18.20M $26.15M $17.48M $2.280M $42.78M $18.34M $2.450M $3.670M $5.580M $4.280M $5.360M $6.700M $6.980M $7.160M $3.500M $22.18M $18.42M $8.770M
YoY Change
Accounts Payable $662.5K $1.128M $947.5K $550.0K $1.250M $200.0K $510.0K $1.680M $420.0K $420.0K $1.520M $1.200M $790.0K $900.0K $380.0K $600.0K $620.0K $910.0K $830.0K $780.0K $3.890M $3.080M $2.050M
YoY Change -41.26% 19.03% 72.27% -56.0% 525.0% -60.78% -69.64% 300.0% 0.0% -72.37% 26.67% 51.9% -12.22% 136.84% -36.67% -3.23% -31.87% 9.64% 6.41% 26.3%
Accrued Expenses $1.933M $1.290M $1.980M $1.890M $470.0K $610.0K $1.630M $870.0K $620.0K $1.920M $3.480M $3.780M $2.260M $2.050M $1.230M $1.110M $3.280M $2.650M $2.420M $1.370M $2.160M $950.0K $220.0K
YoY Change 49.92% -34.88% 4.77% 302.13% -22.95% -62.58% 87.36% 40.32% -67.71% -44.83% -7.94% 67.26% 10.24% 66.67% 10.81% -66.16% 23.77% 9.5% 76.64% 127.37%
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 $0.00 $60.00K $10.00K $0.00 $1.080M $1.190M $1.110M $870.0K $10.09M $80.00K $0.00
YoY Change -100.0% 500.0% -100.0% -9.24% 7.21% 27.59% 12512.5%
Long-Term Debt Due $0.00 $550.0K $1.880M $420.0K $0.00 $1.870M $4.000M $560.0K $630.0K $610.0K $660.0K $410.0K $630.0K $600.0K
YoY Change -100.0% -70.74% 347.62% -100.0% -53.25% 614.29% -11.11% 3.28% -7.58% 60.98% 5.0%
Total Short-Term Liabilities $2.596M $2.417M $2.928M $2.440M $1.720M $800.0K $2.690M $4.440M $1.470M $2.340M $8.880M $20.85M $19.68M $4.930M $3.160M $4.300M $6.680M $6.350M $6.160M $3.940M $16.76M $4.710M $2.370M
YoY Change 7.38% -17.43% 19.99% 41.86% 115.0% -70.26% -39.41% 202.04% -37.18% -73.65% -57.41% 5.95% 299.19% 56.01% -26.51% -35.63% 5.2% 3.08% 56.35% 255.84%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $550.0K $820.0K $0.00 $0.00 $0.00 $0.00 $630.0K $630.0K $630.0K $1.000M $1.000M $1.000M $0.00 $2.570M $8.250M $1.930M
YoY Change -100.0% -32.93% -100.0% 0.0% 0.0% -37.0% 0.0% 0.0% -68.85%
Other Long-Term Liabilities $0.00 $40.00K $140.0K $0.00 $0.00 $30.00K $30.00K $80.00K
YoY Change -100.0% -71.43% -100.0% 0.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00 $40.00K $140.0K $0.00 $0.00 $580.0K $850.0K $0.00 $0.00 $0.00 $0.00 $630.0K $630.0K $630.0K $1.000M $1.000M $1.000M $0.00 $2.650M $8.250M $1.930M
YoY Change -100.0% -71.43% -100.0% -31.76% -100.0% 0.0% 0.0% -37.0% 0.0% 0.0% -67.88%
Total Liabilities $2.596M $2.417M $2.928M $2.920M $3.980M $2.590M $4.920M $8.300M $2.320M $4.610M $11.89M $20.83M $19.71M $5.560M $3.790M $4.920M $7.680M $7.350M $7.160M $3.940M $19.41M $12.96M $4.300M
YoY Change 7.38% -17.43% 0.26% -26.63% 53.67% -47.36% -40.72% 257.76% -49.67% -61.23% -42.92% 5.68% 254.5% 46.7% -22.97% -35.94% 4.49% 2.65% 81.73% 49.77%

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 2000 1999 1997 1996
Basic Shares Outstanding 2.661M 518.1K 3.242M 827.6K 10.23M 18.61M 14.30M
Diluted Shares Outstanding 3.242M 848.1K 10.23M 18.61M 14.30M
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: $80.061 Million

About CervoMed Inc.

CervoMed, Inc. is a clinical stage biotechnology company. The company is headquartered in Boston, Massachusetts and currently employs 8 full-time employees. The company went IPO on 2016-11-09. The company is focused on the development of its lead drug candidate, neflamapimod, an investigational, orally administered, small molecule brain penetrant that inhibits p38a in the neurons (nerve cells) within the brains of people with neurodegenerative diseases. Its neflamapimod is in clinical development as a disease-modifying treatment for neurodegenerative diseases, such as dementia with Lewy Bodies and early Alzheimer’s disease. In addition, pre-clinical data supports the potential role of neflamapimod in recovery after stroke. Neflamapimod has the potential to treat and improve synaptic dysfunction, the reversible aspect of the underlying disease processes in dementia with Lewy bodies (DLB) and certain other neurological disorders. The company is being evaluated in its ongoing RewinD-LB Trial, a Phase 2b study in patients with DLB.

Industry: Pharmaceutical Preparations Peers: Bone Biologics Corp Allarity Therapeutics, Inc. Protagenic Therapeutics, Inc.\new PLUS THERAPEUTICS, INC. Salarius Pharmaceuticals, Inc. Tharimmune, Inc. Qualigen Therapeutics, Inc. ProtoKinetix, Inc.