Financial Snapshot

Revenue
$37.74M
TTM
Gross Margin
62.59%
TTM
Net Earnings
-$18.67M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
196.88%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$13.00M
Q3 2024
Cash
Q3 2024
P/E
-2.782
Nov 14, 2024 EST
Free Cash Flow
-$19.09M
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 2003
Revenue $36.35M $34.69M $43.17M $41.00M $24.95M $22.50M $15.15M $9.528M $4.792M $4.123M $2.423M $1.343M $36.08K $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $0.00
YoY Change 4.79% -19.64% 5.27% 64.35% 10.87% 48.53% 59.02% 98.84% 16.22% 70.18% 80.4% 3622.31% -100.0%

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 2003
Revenue $36.35M $34.69M $43.17M $41.00M $24.95M $22.50M $15.15M $9.528M $4.792M $4.123M $2.423M $1.343M $36.08K $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $0.00
Cost Of Revenue $13.96M $13.96M $11.05M $11.05M $7.364M $7.489M $5.518M $3.954M $2.213M $2.134M $1.912M $319.3K $11.76K $0.00 $10.00K $0.00 $0.00
Gross Profit $22.39M $20.73M $32.12M $29.95M $17.59M $15.01M $9.632M $5.574M $2.579M $1.989M $511.1K $1.024M $24.32K $0.00 $0.00 $0.00 $0.00
Gross Profit Margin 61.6% 59.77% 74.41% 73.05% 70.48% 66.72% 63.58% 58.5% 53.82% 48.24% 21.1% 76.22% 67.4% 0.0%

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 2003
Selling, General & Admin $36.94M $34.29M $35.75M $28.46M $22.01M $20.87M $14.91M $11.81M $6.923M $5.553M $2.577M $1.355M $1.230M $1.070M $1.070M $1.260M $1.650M $1.850M $70.00K $50.00K $20.00K
YoY Change 7.72% -4.09% 25.6% 29.35% 5.42% 39.96% 26.3% 70.58% 24.66% 115.51% 90.2% 10.12% 14.97% 0.0% -15.08% -23.64% -10.81% 2542.86% 40.0% 150.0%
% of Gross Profit 164.95% 165.38% 111.31% 95.03% 125.13% 139.03% 154.83% 211.84% 268.41% 279.2% 504.16% 132.35% 5058.76%
Research & Development $15.73M $15.12M $16.38M $8.811M $12.09M $7.723M $3.221M $4.073M $3.871M $2.432M $1.739M $2.532M $2.888M $1.760M $1.960M $1.980M $1.420M $1.110M
YoY Change 4.03% -7.7% 85.92% -27.14% 56.57% 139.75% -20.91% 5.22% 59.19% 39.84% -31.33% -12.32% 64.1% -10.2% -1.01% 39.44% 27.93%
% of Gross Profit 70.24% 72.92% 51.0% 29.42% 68.76% 51.44% 33.44% 73.07% 150.1% 122.26% 340.23% 247.4% 11876.98%
Depreciation & Amortization $1.462M $688.6K $542.7K $553.9K $495.7K $329.5K $177.8K $126.1K $87.40K $48.43K $39.89K $29.32K $23.75K $20.00K $50.00K $100.0K $190.0K $260.0K $10.00K $0.00 $0.00
YoY Change 112.39% 26.88% -2.03% 11.74% 50.46% 85.33% 40.97% 44.3% 80.46% 21.4% 36.07% 23.43% 18.76% -60.0% -50.0% -47.37% -26.92% 2500.0%
% of Gross Profit 6.53% 3.32% 1.69% 1.85% 2.82% 2.19% 1.85% 2.26% 3.39% 2.43% 7.8% 2.86% 97.67%
Operating Expenses $52.67M $52.25M $54.86M $40.32M $36.56M $30.60M $19.47M $17.07M $11.88M $8.882M $5.224M $4.514M $4.461M $2.820M $3.030M $3.240M $3.070M $2.960M $80.00K $50.00K $20.00K
YoY Change 0.79% -4.75% 36.06% 10.29% 19.48% 57.12% 14.11% 43.62% 33.79% 70.01% 15.72% 1.2% 58.19% -6.93% -6.48% 5.54% 3.72% 3600.0% 60.0% 150.0%
Operating Profit -$30.27M -$31.52M -$22.74M -$10.37M -$18.97M -$15.58M -$9.843M -$11.49M -$9.304M -$6.893M -$4.713M -$3.491M -$4.437M -$2.820M -$80.00K -$50.00K -$20.00K
YoY Change -3.96% 38.59% 119.33% -45.34% 21.75% 58.34% -14.35% 23.52% 34.98% 46.24% 35.02% -21.32% 57.33% 60.0% 150.0%

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 2003
Interest Expense $1.791M $132.6K $28.01K -$1.201M -$1.034M -$1.461M -$749.1K -$231.8K $9.301K -$310.0K -$422.8K -$564.4K -$1.045M -$80.00K -$10.00K -$20.00K $70.00K -$4.740M $0.00 $0.00 $0.00
YoY Change 1250.99% 373.44% -102.33% 16.2% -29.25% 95.05% 223.15% -2592.25% -103.0% -26.68% -25.08% -45.98% 1206.1% 700.0% -50.0% -128.57% -101.48%
% of Operating Profit
Other Income/Expense, Net $96.75K -$2.383M -$2.550M $1.406M -$1.384M -$2.246M $705.1K -$589.9K $847.3K -$2.814M -$422.8K -$564.4K -$1.045M
YoY Change -104.06% -6.53% -281.35% -201.59% -38.37% -418.53% -219.53% -169.62% -130.11% 565.61% -25.08% -45.98%

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 2003
Pretax Income -$29.32M -$33.91M -$25.29M -$8.964M -$20.36M -$14.11M -$6.071M -$9.300M -$6.853M -$6.482M -$5.136M -$4.055M -$5.482M -$2.910M -$3.040M -$3.270M -$3.350M -$7.670M -$80.00K -$50.00K -$20.00K
YoY Change -13.52% 34.04% 182.17% -55.97% 44.33% 132.34% -34.72% 35.71% 5.73% 26.2% 26.65% -26.02% 88.37% -4.28% -7.03% -2.39% -56.32% 9487.5% 60.0% 150.0%
Income Tax -$813.7K -$1.093M -$736.0K -$1.127M -$1.092M -$619.5K -$676.7K -$318.6K -$324.6K -$385.6K -$458.3K -$391.8K $0.00 -$300.0K -$250.0K $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$28.51M -$32.81M -$24.56M -$7.837M -$19.27M -$17.21M -$8.461M -$11.76M -$9.477M -$9.322M -$4.678M -$3.664M -$5.482M -$2.909M -$2.737M -$3.018M -$3.351M -$76.72M -$3.666M -$1.097M -$6.009M
YoY Change -13.12% 33.61% 213.36% -59.32% 11.94% 103.42% -28.08% 24.13% 1.67% 99.27% 27.69% -33.17% 88.45% 6.29% -9.32% -9.93% -95.63% 1992.86% 234.24% -81.75% -49.38%
Net Earnings / Revenue -78.43% -94.59% -56.89% -19.11% -77.22% -76.48% -55.84% -123.46% -197.78% -226.1% -193.08% -272.8% -15193.88% -36655.96%
Basic Earnings Per Share -$0.64 -$0.75 -$0.57 -$0.20 -$0.60
Diluted Earnings Per Share -$0.64 -$0.75 -$0.57 -$0.20 -$0.60 -$560.2K -$306.4K -$462.4K -$380.9K -$648.1K -$495.8K -$461.5K -$854.9K -$742.3K -$1.651M -$3.020M -$3.384M -$12.78M -$258.1K -$161.3K -$129.0K

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 2003
Cash & Short-Term Investments $14.13M $22.14M $52.14M $71.42M $12.23M $22.37M $17.32M $5.250M $7.510M $5.550M $2.180M $1.730M $1.190M $1.060M $1.600M $2.950M $210.0K $2.870M $10.00K $30.00K
YoY Change -36.19% -57.53% -27.0% 483.97% -45.33% 29.16% 229.9% -30.09% 35.32% 154.59% 26.01% 45.38% 12.26% -33.75% -45.76% 1304.76% -92.68% 28600.0% -66.67%
Cash & Equivalents $14.13M $22.14M $52.14M $71.42M $12.23M $22.37M $17.32M $5.250M $5.320M $3.610M $2.180M $1.730M $1.190M $1.060M $1.600M $2.750M $210.0K $2.870M $10.00K $30.00K
Short-Term Investments $2.190M $1.940M $0.00 $200.0K $0.00
Other Short-Term Assets $1.834M $2.489M $2.872M $3.200M $2.090M $1.120M $420.0K $320.0K $510.0K $700.0K $610.0K $480.0K $40.00K $340.0K $370.0K $120.0K $200.0K $30.00K
YoY Change -26.28% -13.34% -10.26% 53.11% 86.61% 166.67% 31.25% -37.25% -27.14% 14.75% 27.08% 1100.0% -88.24% -8.11% 208.33% -40.0% 566.67%
Inventory $3.680M $3.462M $4.766M $2.670M $2.110M $830.0K $800.0K $830.0K $1.190M $540.0K $250.0K $680.0K $430.0K $0.00
Prepaid Expenses
Receivables $6.057M $5.665M $4.523M $5.160M $4.470M $3.940M $2.210M $1.430M $650.0K $820.0K $450.0K $50.00K $40.00K $0.00 $0.00 $0.00
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 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $25.70M $33.76M $64.30M $82.45M $20.90M $28.26M $20.74M $7.830M $9.860M $7.610M $3.490M $2.940M $1.700M $1.400M $1.960M $3.070M $410.0K $2.900M $10.00K $30.00K
YoY Change -23.87% -47.5% -22.01% 294.5% -26.04% 36.26% 164.88% -20.59% 29.57% 118.05% 18.71% 72.94% 21.43% -28.57% -36.16% 648.78% -85.86% 28900.0% -66.67%
Property, Plant & Equipment $22.12M $23.35M $18.57M $3.150M $3.000M $3.180M $1.400M $570.0K $560.0K $250.0K $140.0K $150.0K $160.0K $140.0K $20.00K $50.00K $140.0K $300.0K $20.00K $20.00K
YoY Change -5.28% 25.69% 489.66% 5.0% -5.66% 127.14% 145.61% 1.79% 124.0% 78.57% -6.67% -6.25% 14.29% 600.0% -60.0% -64.29% -53.33% 1400.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.536M $1.734M $1.944M $130.0K $120.0K $2.750M $120.0K $100.0K $60.00K $60.00K $50.00K $50.00K $60.00K $60.00K $60.00K $70.00K $50.00K $50.00K
YoY Change -11.44% -10.79% 1395.42% 8.33% -95.64% 2191.67% 20.0% 66.67% 0.0% 20.0% 0.0% -16.67% 0.0% 0.0% -14.29% 40.0% 0.0%
Total Long-Term Assets $27.56M $29.47M $25.22M $7.500M $6.480M $5.940M $3.360M $1.860M $1.390M $860.0K $560.0K $400.0K $420.0K $410.0K $280.0K $320.0K $390.0K $550.0K $20.00K $20.00K
YoY Change -6.49% 16.86% 236.27% 15.74% 9.09% 76.79% 80.65% 33.81% 61.63% 53.57% 40.0% -4.76% 2.44% 46.43% -12.5% -17.95% -29.09% 2650.0% 0.0%
Total Assets $53.26M $63.23M $89.52M $89.95M $27.38M $34.20M $24.10M $9.690M $11.25M $8.470M $4.050M $3.340M $2.120M $1.810M $2.240M $3.390M $800.0K $3.450M $30.00K $50.00K
YoY Change
Accounts Payable $3.802M $1.655M $2.805M $1.840M $2.040M $1.490M $1.240M $1.330M $680.0K $700.0K $790.0K $800.0K $680.0K $820.0K $850.0K $890.0K $780.0K $940.0K $30.00K $10.00K
YoY Change 129.71% -41.0% 52.46% -9.8% 36.91% 20.16% -6.77% 95.59% -2.86% -11.39% -1.25% 17.65% -17.07% -3.53% -4.49% 14.1% -17.02% 3033.33% 200.0%
Accrued Expenses $6.682M $4.682M $6.472M $8.010M $6.070M $4.760M $2.590M $2.110M $720.0K $820.0K $360.0K $350.0K $560.0K $400.0K $120.0K $90.00K $130.0K $140.0K
YoY Change 42.72% -27.67% -19.2% 31.96% 27.52% 83.78% 22.75% 193.06% -12.2% 127.78% 2.86% -37.5% 40.0% 233.33% 33.33% -30.77% -7.14%
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 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.500M $0.00 $1.670M $670.0K $4.000M $830.0K $0.00 $1.640M $930.0K $290.0K $0.00 $50.00K $10.00K
YoY Change -100.0% 149.25% -83.25% 381.93% -100.0% 76.34% 220.69% 400.0%
Total Short-Term Liabilities $14.55M $9.715M $13.69M $10.15M $9.940M $6.920M $7.850M $4.280M $3.040M $4.510M $3.060M $2.080M $1.530M $1.220M $970.0K $980.0K $910.0K $1.080M $80.00K $20.00K
YoY Change 49.73% -29.04% 34.88% 2.11% 43.64% -11.85% 83.41% 40.79% -32.59% 47.39% 47.12% 35.95% 25.41% 25.77% -1.02% 7.69% -15.74% 1250.0% 300.0%
Long-Term Debt $2.543M $5.000M $0.00 $0.00 $13.39M $9.270M $5.990M $4.080M $0.00 $0.00 $0.00 $0.00 $280.0K $1.080M $0.00 $50.00K $0.00 $0.00 $10.00K $10.00K
YoY Change -49.14% -100.0% 44.44% 54.76% 46.81% -100.0% -74.07% -100.0% -100.0% 0.0%
Other Long-Term Liabilities $12.90M $13.14M $13.25M $580.0K $640.0K $1.070M
YoY Change -1.87% -0.82% 2184.64% -9.38% -40.19%
Total Long-Term Liabilities $15.44M $18.14M $13.25M $580.0K $14.03M $10.34M $5.990M $4.080M $0.00 $0.00 $0.00 $0.00 $280.0K $1.080M $0.00 $50.00K $0.00 $0.00 $10.00K $10.00K
YoY Change -14.9% 36.91% 2184.64% -95.87% 35.69% 72.62% 46.81% -100.0% -74.07% -100.0% -100.0% 0.0%
Total Liabilities $29.99M $27.86M $26.94M $10.73M $23.96M $17.26M $13.84M $8.360M $3.040M $4.510M $3.060M $2.080M $1.800M $2.300M $970.0K $1.030M $910.0K $1.080M $90.00K $30.00K
YoY Change 7.64% 3.4% 151.08% -55.22% 38.82% 24.71% 65.55% 175.0% -32.59% 47.39% 47.12% 15.56% -21.74% 137.11% -5.83% 13.19% -15.74% 1100.0% 200.0%

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 2003
Basic Shares Outstanding 44.66M 43.57M 43.36M 38.82M 32.26M
Diluted Shares Outstanding 44.66M 43.57M 43.36M 38.82M 32.26M
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: $51.94 Million

About Cytosorbents Corp

CytoSorbents Corp. engages in critical care immunotherapy, investigation, and commercialization of blood purification technology. The company is headquartered in Princeton, New Jersey and currently employs 186 full-time employees. The company went IPO on 2005-06-17. The Company’s flagship product, CytoSorb, is an extracorporeal cytokine absorber, designed to reduce the cytokine storm or cytokine release syndrome that could otherwise cause massive inflammation, organ failure and death in common critical illnesses, such as sepsis, burn injury, trauma, lung injury, cytokine release syndrome due to cancer immunotherapy, and pancreatitis. Its other products include CytoSorb, animal-targeted VetResQ, DrugSorb-ATR and ECOS-300CY. Its other product candidates under development, including CytoSorb XL, BetaSorb, ContrastSorb, DrugSorb, HemoDefend-RBC, HemoDefend-BGA, K+ontrol, and others consist of a cartridge containing adsorbent, porous polymer beads, although the polymers used in these devices are physically different.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories Modular Medical Inc Daxor Corp Eargo, Inc. enVVeno Medical Corp Kewaunee Scientific Corp Lucid Diagnostics Inc Lucira Health, Inc. Pro-Dex Inc