Financial Snapshot

Revenue
$235.0K
TTM
Gross Margin
79.43%
TTM
Net Earnings
-$8.214M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
318.68%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.840M
Q3 2024
Cash
Q3 2024
P/E
-5.252
Nov 29, 2024 EST
Free Cash Flow
-$2.178M
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
Revenue $103.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.00K $118.0K $93.00K $22.00K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -30.51% 26.88% 322.73%

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
Revenue $103.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.00K $118.0K $93.00K $22.00K $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $24.00K $0.00 $116.0K $139.0K $48.00K $11.00K $0.00 $0.00 $0.00 $0.00
Gross Profit $79.00K $0.00 -$34.00K -$21.00K $45.00K $11.00K $0.00 $0.00 $0.00 $0.00
Gross Profit Margin 76.7% -41.46% -17.8% 48.39% 50.0%

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
Selling, General & Admin $6.075M $4.411M $7.044M $3.256M $4.091M $3.925M $3.880M $4.489M $6.894M $5.983M $4.266M $2.686M $1.470M $630.0K $190.0K
YoY Change 37.72% -37.38% 116.34% -20.41% 4.23% 1.16% -13.57% -34.89% 15.23% 40.25% 58.82% 82.72% 133.33% 231.58%
% of Gross Profit 7689.87% 13295.56% 38781.82%
Research & Development $2.994M $1.742M $1.592M $2.069M $4.779M $3.916M $7.588M $7.603M $4.786M $5.119M $4.562M $4.030M $2.290M $730.0K $390.0K
YoY Change 71.87% 9.42% -23.05% -56.71% 22.04% -48.39% -0.2% 58.86% -6.51% 12.21% 13.2% 75.98% 213.7% 87.18%
% of Gross Profit 3789.87% 11375.56% 41472.73%
Depreciation & Amortization $35.00K $52.00K $107.0K $184.0K $214.0K $261.0K $413.0K $454.0K $478.0K $363.0K $158.0K $59.00K $20.00K $0.00 $0.00
YoY Change -32.69% -51.4% -41.85% -14.02% -18.01% -36.8% -9.03% -5.02% 31.68% 129.75% 167.8% 195.0%
% of Gross Profit 44.3% 806.67% 1436.36%
Operating Expenses $9.069M $6.153M $8.636M $5.325M $8.870M $7.841M $11.47M $12.09M $11.68M $11.10M $8.828M $2.686M $3.750M $1.350M $580.0K
YoY Change 47.39% -28.75% 62.18% -39.97% 13.12% -31.63% -5.16% 3.53% 5.21% 25.76% 228.67% -28.37% 177.78% 132.76%
Operating Profit -$8.990M -$6.153M -$8.636M -$5.325M -$7.841M -$11.47M -$12.13M -$11.70M -$11.06M -$8.817M -$6.713M -$3.750M -$1.350M -$580.0K
YoY Change 46.11% -28.75% 62.18% -31.63% -5.43% 3.63% 5.82% 25.41% 31.34% 79.01% 177.78% 132.76%

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
Interest Expense $64.00K $9.000K $547.0K $0.00
YoY Change 611.11%
% of Operating Profit
Other Income/Expense, Net -$19.00K $80.00K $658.0K $460.0K $538.0K $312.0K -$448.0K $0.00 -$3.000K -$4.000K $0.00
YoY Change -123.75% -87.84% 43.04% -14.5% 72.44% -169.64% -100.0% -25.0%

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
Pretax Income -$8.945M -$6.073M -$7.978M -$4.865M -$8.332M -$7.529M -$11.92M -$11.58M -$11.70M -$11.06M -$8.817M -$6.374M -$3.750M -$1.350M -$580.0K
YoY Change 47.29% -23.88% 63.99% -41.61% 10.67% -36.82% 2.91% -1.07% 5.81% 25.45% 38.33% 69.97% 177.78% 132.76%
Income Tax $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 -$9.022M -$6.073M -$7.978M -$4.865M -$8.332M -$7.529M -$11.92M -$11.58M -$11.70M -$11.06M -$8.817M -$6.713M -$3.750M -$1.350M -$580.0K
YoY Change 48.56% -23.88% 63.99% -41.61% 10.67% -36.82% 2.91% -1.07% 5.81% 25.45% 31.34% 79.01% 177.78% 132.76%
Net Earnings / Revenue -8759.22% -14120.73% -9918.64% -11893.55% -40077.27%
Basic Earnings Per Share -$0.67 -$0.54 -$0.79 -$0.55
Diluted Earnings Per Share -$0.67 -$0.55 -$0.79 -$0.55 -$1.208M -$1.687M -$6.631M -$14.50M -$20.99M -$28.29M -$22.62M -$17.21M -$9.615M -$3.462M -$1.487M

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
Cash & Short-Term Investments $432.0K $1.241M $1.242M $1.026M $913.0K $1.305M $4.038M $2.941M $7.456M $5.272M $14.01M $0.00 $0.00 $0.00
YoY Change -65.19% -0.08% 21.05% 12.38% -30.04% -67.68% 37.3% -60.56% 41.43% -62.37%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $297.0K $353.0K $345.0K $574.0K $494.0K $673.0K $375.0K $503.0K $330.0K $317.0K $420.0K
YoY Change -15.86% 2.32% -39.9% 16.19% -26.6% 79.47% -25.45% 52.42% 4.1% -24.52%
Inventory $50.00K $0.00 $75.00K $0.00 $40.00K $0.00 $0.00 $0.00
Prepaid Expenses
Receivables $4.000K $0.00 $77.00K $0.00 $176.0K $0.00 $42.00K $21.00K $5.000K $0.00 $0.00 $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $27.00K $0.00 $0.00 $0.00
Total Short-Term Assets $783.0K $1.594M $1.587M $1.677M $1.407M $2.154M $4.413M $3.486M $7.882M $5.828M $14.49M $0.00 $0.00 $0.00
YoY Change -50.88% 0.44% -5.37% 19.19% -34.68% -51.19% 26.59% -55.77% 35.24% -59.78%
Property, Plant & Equipment $73.00K $196.0K $279.0K $399.0K $585.0K $479.0K $632.0K $1.065M $1.074M $1.376M $580.0K $440.0K $190.0K $0.00
YoY Change -62.76% -29.75% -30.08% -31.79% 22.13% -24.21% -40.66% -0.84% -21.95% 137.24% 31.82% 131.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.758M $610.0K
YoY Change 188.2%
Total Long-Term Assets $1.831M $806.0K $279.0K $399.0K $585.0K $479.0K $632.0K $1.065M $1.074M $1.376M $570.0K $440.0K $190.0K $0.00
YoY Change 127.17% 188.89% -30.08% -31.79% 22.13% -24.21% -40.66% -0.84% -21.95% 141.4% 29.55% 131.58%
Total Assets $2.614M $2.400M $1.866M $2.076M $1.992M $2.633M $5.045M $4.551M $8.956M $7.204M $15.06M $440.0K $190.0K $0.00 $0.00
YoY Change
Accounts Payable $445.0K $682.0K $676.0K $31.00K $241.0K $160.0K $923.0K $962.0K $357.0K $370.0K $240.0K $180.0K $50.00K $50.00K
YoY Change -34.75% 0.89% 2080.65% -87.14% 50.63% -82.67% -4.05% 169.47% -3.51% 54.17% 33.33% 260.0% 0.0%
Accrued Expenses $522.0K $669.0K $4.158M $399.0K $540.0K $404.0K $383.0K $1.210M $297.0K $324.0K $160.0K $50.00K $20.00K $110.0K
YoY Change -21.97% -83.91% 942.11% -26.11% 33.66% 5.48% -68.35% 307.41% -8.33% 102.5% 220.0% 150.0% -81.82%
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
YoY Change
Long-Term Debt Due $0.00 $284.0K
YoY Change -100.0%
Total Short-Term Liabilities $968.0K $1.363M $4.836M $756.0K $814.0K $662.0K $1.622M $2.777M $654.0K $710.0K $500.0K $410.0K $170.0K $270.0K
YoY Change -28.98% -71.82% 539.68% -7.13% 22.96% -59.19% -41.59% 324.62% -7.89% 42.0% 21.95% 141.18% -37.04%
Long-Term Debt $0.00 $0.00 $0.00 $120.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $0.00 $48.00K $59.00K $75.00K $89.00K $0.00 $0.00
YoY Change -100.0% -18.64% -21.33% -15.73%
Total Long-Term Liabilities $0.00 $48.00K $59.00K $195.0K $89.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -18.64% -69.74% 119.1%
Total Liabilities $968.0K $1.411M $4.895M $951.0K $903.0K $662.0K $1.622M $2.777M $654.0K $710.0K $500.0K $410.0K $170.0K $270.0K $70.00K
YoY Change -31.4% -71.17% 414.72% 5.32% 36.4% -59.19% -41.59% 324.62% -7.89% 42.0% 21.95% 141.18% -37.04% 285.71%

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
Basic Shares Outstanding 13.46M shares 11.35M shares 10.06M 8.794M
Diluted Shares Outstanding 13.46M shares 11.35M shares 10.06M 8.794M
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: $43.14 Million

About Harvard Apparatus Regenerative Technology, Inc.

Harvard Apparatus Regenerative Technology, Inc. is a biotechnology company, which engages in the development of organ implants to treat congenital defects, cancers, and life-threatening conditions of the esophagus, bronchus and trachea. The company is headquartered in Holliston, Massachusetts and currently employs 10 full-time employees. The company went IPO on 2013-10-14. The company uses the patient’s own stem cells grown on a porous plastic tubular scaffold to regenerate the esophagus after it has been removed due to cancer, trauma, or birth defects. The firm is targeting the conditions of the esophagus, including traumatic injury, caustic burns, tissue damage following chemoradiation therapy and birth defects. Its additional product candidates in its development pipeline are targeted at the reconstruction of the colon and uterus wound repair. Its product candidate includes Cellspan Esophageal Implant, and Cellspan Bronchial Implants. The company is developing Cellspan Esophageal Implant for the treatment of esophageal atresia. Esophageal atresia is a birth disorder of the digestive system in which the esophagus does not develop properly. Cellspan Bronchial Implants enables the surgeon to preserve the lung and repair the bronchus through various surgical resection.

Industry: Surgical & Medical Instruments & Apparatus Peers: MiNK Therapeutics, Inc. Black Diamond Therapeutics, Inc. Apexigen, Inc. Genprex, Inc. iBio, Inc. Passage BIO, Inc. Spero Therapeutics, Inc. Taysha Gene Therapies, Inc.