Financial Snapshot

Revenue
$15.62M
TTM
Gross Margin
46.29%
TTM
Net Earnings
-$2.537M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
109.85%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.191M
Q3 2024
Cash
Q3 2024
P/E
-2.651
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
Revenue $16.00M $16.21M $20.05M $24.43M $53.70M $48.24M $20.68M $11.06M $11.53M $10.19M
YoY Change -1.24% -19.17% -17.93% -54.5% 11.3% 133.3% 86.96% -4.07% 13.14%

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
Revenue $16.00M $16.21M $20.05M $24.43M $53.70M $48.24M $20.68M $11.06M $11.53M $10.19M
Cost Of Revenue $8.919M $10.66M $11.43M $13.42M $18.61M $14.37M $6.190M $4.063M $4.798M $4.387M
Gross Profit $7.085M $5.550M $8.616M $11.01M $35.09M $33.88M $14.49M $6.998M $6.731M $5.804M
Gross Profit Margin 44.27% 34.25% 42.98% 45.07% 65.35% 70.22% 70.07% 63.27% 58.38% 56.95%

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
Selling, General & Admin $9.494M $10.89M $25.88M $30.66M $46.45M $21.75M $16.19M $12.08M $16.36M $12.54M
YoY Change -12.82% -57.92% -15.59% -34.0% 113.61% 34.29% 34.08% -26.2% 30.54%
% of Gross Profit 134.0% 196.22% 300.34% 278.48% 132.38% 64.19% 111.76% 172.59% 243.13% 216.0%
Research & Development $151.0K $300.0K $1.185M $2.943M $5.877M $1.885M $724.0K $1.159M $1.320M $999.3K
YoY Change -49.67% -74.68% -59.73% -49.92% 211.78% 160.36% -37.53% -12.2% 32.1%
% of Gross Profit 2.13% 5.41% 13.75% 26.73% 16.75% 5.56% 5.0% 16.56% 19.61% 17.22%
Depreciation & Amortization $235.0K $992.0K $1.153M $872.0K $716.0K $519.0K $183.0K $1.053M $1.012M $933.6K $770.0K
YoY Change -76.31% -13.96% 32.22% 21.79% 37.96% 183.61% -82.61% 3.97% 8.43% 21.25%
% of Gross Profit 3.32% 17.87% 13.38% 7.92% 2.04% 1.53% 1.26% 15.04% 15.04% 16.09%
Operating Expenses $3.474M $12.40M $27.06M $33.60M $52.33M $23.63M $19.35M $13.91M $18.70M $14.36M
YoY Change -71.98% -54.19% -19.46% -35.79% 121.44% 22.13% 39.11% -25.61% 30.23%
Operating Profit $3.611M -$6.847M -$18.45M -$22.59M -$17.24M $10.25M -$4.860M -$6.912M -$11.97M -$8.553M
YoY Change -152.74% -62.88% -18.35% 31.04% -268.24% -310.84% -29.69% -42.24% 39.9%

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
Interest Expense -$264.0K -$1.541M -$140.0K -$9.000K $15.00K $153.0K $507.0K -$911.9K -$950.3K $7.276M
YoY Change -82.87% 1000.71% 1455.56% -160.0% -90.2% -69.82% -155.6% -4.04% -113.06%
% of Operating Profit -7.31% 1.49%
Other Income/Expense, Net -$264.0K -$1.541M $0.00 $12.00K -$8.550K -$73.21K -$34.82K
YoY Change -82.87% -100.0% -240.35% -88.32% 110.25%

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
Pretax Income $3.096M -$8.261M -$15.64M -$22.60M -$17.23M $10.09M -$5.379M -$14.14M -$12.23M -$1.312M
YoY Change -137.48% -47.18% -30.8% 31.21% -270.65% -287.66% -61.96% 15.6% 832.44%
Income Tax -$6.000K -$47.00K -$87.00K -$317.0K -$615.0K $93.00K -$482.0K $0.00 $0.00 $0.00
% Of Pretax Income -0.19% 0.92%
Net Earnings $3.102M -$8.214M -$15.55M -$22.28M -$16.61M $10.00M -$4.897M -$14.14M -$12.23M -$1.312M
YoY Change -137.76% -47.19% -30.2% 34.16% -266.08% -304.23% -65.37% 15.6% 832.44%
Net Earnings / Revenue 19.38% -50.69% -77.58% -91.22% -30.93% 20.73% -23.68% -127.85% -106.1% -12.87%
Basic Earnings Per Share $0.02 -$0.07 -$0.14 -$0.22 -$0.17 $0.11 -$0.06
Diluted Earnings Per Share $0.02 -$0.07 -$0.14 -$0.22 -$0.17 $0.09 -$0.06 -$268.5K -$348.1K -$41.54K

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
Cash & Short-Term Investments $1.317M $611.0K $1.375M $4.024M $9.107M $12.68M $2.013M $781.9K $518.5K $2.302M $2.240M $0.00 $0.00
YoY Change 115.55% -55.56% -65.83% -55.81% -28.2% 530.11% 157.46% 50.8% -77.48% 2.79%
Cash & Equivalents $1.317M $611.0K $4.024M $9.107M $12.68M $2.013M $781.9K $518.5K
Short-Term Investments
Other Short-Term Assets $535.0K $3.190M $2.146M $2.873M $11.11M $2.310M $1.592M $827.0K $451.1K $1.047M $1.910M $0.00 $0.00
YoY Change -83.23% 48.65% -25.3% -74.15% 381.04% 45.12% 92.48% 83.32% -56.9% -45.2%
Inventory $5.655M $6.563M $8.624M $8.840M $9.971M $7.132M $2.823M $2.852M $14.13M $11.67M $2.470M
Prepaid Expenses
Receivables $431.0K $766.0K $2.041M $1.126M $2.177M $3.340M $1.508M $360.5K $870.6K $282.4K $1.740M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $617.7K $1.508M $0.00
Total Short-Term Assets $7.938M $11.13M $14.19M $16.86M $32.37M $25.47M $7.935M $4.821M $16.59M $16.81M $8.370M $0.00 $0.00
YoY Change -28.68% -21.54% -15.87% -47.9% 27.1% 220.93% 64.59% -70.94% -1.28% 100.79%
Property, Plant & Equipment $546.0K $850.0K $1.717M $5.934M $12.32M $2.844M $2.083M $242.7K $439.6K $516.4K $210.0K
YoY Change -35.76% -50.5% -71.07% -51.85% 333.33% 36.51% 758.44% -44.79% -14.87% 145.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $440.0K
YoY Change -100.0%
Other Assets $296.0K $505.0K $678.0K $1.310M $1.442M $2.003M $6.067M $6.479M $0.00
YoY Change -41.39% -25.52% -48.24% -9.15% -28.01% -66.99% -6.35%
Total Long-Term Assets $1.262M $1.606M $3.880M $13.76M $20.32M $11.44M $14.78M $13.77M $10.70M $4.934M $5.860M $0.00 $0.00
YoY Change -21.42% -58.61% -71.81% -32.27% 77.68% -22.6% 7.29% 28.66% 116.95% -15.81%
Total Assets $9.200M $12.74M $18.07M $30.63M $52.69M $36.90M $22.71M $18.59M $27.30M $21.74M $14.23M $0.00 $0.00
YoY Change
Accounts Payable $2.309M $2.284M $2.624M $1.677M $1.617M $1.245M $678.3K $523.6K $659.4K $546.4K $20.00K $0.00 $40.00K
YoY Change 1.09% -12.96% 56.47% 3.71% 29.88% 83.56% 29.54% -20.6% 20.68% 2631.95% -100.0%
Accrued Expenses $3.552M $9.807M $10.92M $10.49M $11.58M $2.673M $1.932M $378.2K $522.7K $118.2K $400.0K $0.00
YoY Change -63.78% -10.15% 4.1% -9.45% 333.18% 38.36% 410.79% -27.64% 342.2% -70.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $612.0K $0.00 $0.00 $474.0K $726.3K $2.024M $1.021M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -34.74% -64.11% 98.27%
Long-Term Debt Due $254.0K $1.223M $310.0K $2.174M
YoY Change -79.23% 294.52% -85.74%
Total Short-Term Liabilities $6.115M $13.31M $14.46M $14.34M $13.20M $4.392M $3.336M $3.149M $2.453M $664.6K $420.0K $0.00 $40.00K
YoY Change -54.07% -7.93% 0.87% 8.64% 200.46% 31.64% 5.97% 28.36% 269.09% 58.24% -100.0%
Long-Term Debt $0.00 $0.00 $0.00 $1.453M $0.00 $0.00 $850.0K $679.2K $0.00 $0.00 $5.500M $0.00 $0.00
YoY Change -100.0% -100.0% 25.15% -100.0%
Other Long-Term Liabilities $163.0K $188.0K $0.00 $3.467M $9.923M $1.329M $1.067M $0.00
YoY Change -13.3% -100.0% -65.06% 646.65% 24.5%
Total Long-Term Liabilities $163.0K $188.0K $0.00 $4.920M $9.923M $1.329M $1.917M $679.2K $0.00 $0.00 $5.500M $0.00 $0.00
YoY Change -13.3% -100.0% -50.42% 646.65% -30.69% 182.32% -100.0%
Total Liabilities $6.297M $13.51M $14.52M $19.41M $23.54M $6.786M $6.329M $5.384M $4.009M $664.6K $5.930M $0.00 $40.00K
YoY Change -53.4% -6.95% -25.19% -17.53% 246.89% 7.22% 17.55% 34.29% 503.26% -88.79% -100.0%

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
Basic Shares Outstanding 154.0M 138.0M shares 107.8M shares 99.91M shares 97.86M shares 91.92M shares 80.43M shares
Diluted Shares Outstanding 154.0M 138.0M shares 107.8M shares 99.91M shares 97.86M shares 114.5M shares 80.43M 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: $6.7256 Million

About CV Sciences, Inc.

CV Sciences, Inc. engages in the development, manufacture, and sale of consumer and pharmaceutical products. The company is headquartered in San Diego, California and currently employs 42 full-time employees. The company went IPO on 2018-10-04. Its hemp extracts, and other science-backed, natural ingredients and products are sold through a range of sales channels from business-to-business to business-to-consumer. The company operates a drug development program focused on developing and commercializing cannabidiol (CBD)-based therapeutics. The company develops, manufactures, markets and sells herbal supplements, CBD products and plant-based food products under brands: +PlusCBD and Cultured Foods in the healthcare market sector: nutraceutical, beauty care, specialty foods, and pet products. +PlusCBD branded products are sold at select retail locations throughout the United States. Cultured Foods brand provides a variety of plant-based food products and caters to individuals seeking vegan, gluten-free, or flexitarian options for a culinary experience. The company manufactures encapsulated softgels and tinctures for the supplement and nutrition industry.

Industry: Pharmaceutical Preparations Peers: Merion, Inc. ESTEE LAUDER COMPANIES INC Guardion Health Sciences, Inc. LiveWire Ergogenics, Inc. MusclePharm Corp RELIV INTERNATIONAL INC Horizon Kinetics Holding Corp