Financial Snapshot

Revenue
$14.70K
TTM
Gross Margin
68.97%
TTM
Net Earnings
-$7.625M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
172.25%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$4.017M
Q4 2024
Cash
Q4 2024
P/E
-0.4099
Nov 29, 2024 EST
Free Cash Flow
-$5.816M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $18.60K $5.150K $14.37K $25.60K $64.18K
YoY Change 261.17% -64.16% -43.87% -60.11%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $18.60K $5.150K $14.37K $25.60K $64.18K
Cost Of Revenue $6.081K $2.800K $7.890K $10.67K $46.46K
Gross Profit $12.52K $2.350K $6.480K $14.93K $17.72K
Gross Profit Margin 67.31% 45.63% 45.09% 58.32% 27.61%

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 2024 2023 2022 2021 2020
Selling, General & Admin $3.440M $3.654M $1.714M $874.6K $1.796M
YoY Change -5.88% 113.17% 96.01% -51.29%
% of Gross Profit 27476.12% 155508.51% 26456.02% 5858.14% 10133.63%
Research & Development $2.879M $2.461M $3.002M $1.708M $2.040M
YoY Change 16.97% -18.01% 75.69% -16.26%
% of Gross Profit 22993.48% 104717.87% 46319.91% 11443.07% 11513.71%
Depreciation & Amortization $27.89K $26.92K $26.57K $33.61K $63.83K
YoY Change 3.61% 1.32% -20.95% -47.34%
% of Gross Profit 222.8% 1145.53% 410.03% 225.12% 360.21%
Operating Expenses $6.318M $6.115M $4.716M $2.583M $3.836M
YoY Change 3.32% 29.67% 82.57% -32.66%
Operating Profit -$6.306M -$6.113M -$4.709M -$2.568M -$3.818M
YoY Change 3.15% 29.8% 83.38% -32.74%

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 2024 2023 2022 2021 2020
Interest Expense $354.1K -$243.2K -$371.6K -$132.5K -$2.810K
YoY Change -245.61% -34.56% 180.57% 4613.52%
% of Operating Profit
Other Income/Expense, Net -$299.4K $1.850K $2.560K -$3.450K -$1.900K
YoY Change -16285.84% -27.73% -174.2% 81.58%

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 2024 2023 2022 2021 2020
Pretax Income -$6.605M -$6.354M -$4.828M -$2.452M -$3.811M
YoY Change 3.95% 31.61% 96.9% -35.66%
Income Tax
% Of Pretax Income
Net Earnings -$6.605M -$6.354M -$4.828M -$2.452M -$3.811M
YoY Change 3.95% 31.61% 96.9% -35.66%
Net Earnings / Revenue -35511.87% -123384.27% -33599.58% -9578.79% -5938.17%
Basic Earnings Per Share -$19.00 -$0.80 -$1.45
Diluted Earnings Per Share -$19.00 -$0.80 -$586.2K -$304.9K -$473.9K

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 2024 2023 2022 2021 2020
Cash & Short-Term Investments $5.808M $1.660M $918.3K $723.5K $496.9K
YoY Change 249.76% 80.83% 26.92% 45.61%
Cash & Equivalents $5.808M $1.660M $918.3K $723.5K $496.9K
Short-Term Investments
Other Short-Term Assets $917.1K $359.8K $336.2K $163.8K $183.9K
YoY Change 154.91% 7.02% 105.23% -10.95%
Inventory $629.2K $676.4K $674.1K $750.8K $857.0K
Prepaid Expenses
Receivables $0.00 $2.320K
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.354M $2.697M $1.931M $1.638M $1.538M
YoY Change 172.71% 39.66% 17.88% 6.52%
Property, Plant & Equipment $560.0K $590.7K $158.6K $289.3K $418.1K
YoY Change -5.19% 272.49% -45.19% -30.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.149M $590.7K $158.6K $289.3K $418.1K
YoY Change 263.87% 272.49% -45.19% -30.79%
Total Assets $9.503M $3.287M $2.089M $1.927M $1.956M
YoY Change
Accounts Payable $448.2K $631.4K $694.8K $335.8K $358.8K
YoY Change -29.01% -9.12% 106.91% -6.41%
Accrued Expenses $769.4K $652.9K $1.145M $528.8K $430.9K
YoY Change 17.84% -42.96% 116.46% 22.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $250.2K $250.2K
YoY Change -100.0% 0.0%
Long-Term Debt Due $500.0K $500.0K $1.630M $130.0K $100.6K
YoY Change 0.0% -69.33% 1153.85% 29.26%
Total Short-Term Liabilities $1.752M $1.833M $3.471M $1.246M $1.142M
YoY Change -4.43% -47.19% 178.54% 9.13%
Long-Term Debt $0.00 $500.0K $4.442M $2.500M $300.0K
YoY Change -100.0% -88.74% 77.67% 733.33%
Other Long-Term Liabilities $434.1K $723.8K $232.9K $90.97K $198.6K
YoY Change -40.03% 210.81% 155.99% -54.19%
Total Long-Term Liabilities $434.1K $1.224M $4.675M $2.591M $498.6K
YoY Change -64.53% -73.82% 80.42% 419.65%
Total Liabilities $2.186M $3.057M $8.145M $3.837M $1.640M
YoY Change -28.49% -62.47% 112.28% 133.92%

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 2024 2023 2022 2021 2020
Basic Shares Outstanding 352.5K 7.951M 3.319M
Diluted Shares Outstanding 352.5K 7.951M 3.319M
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: $3.1253 Million

About HeartSciences Inc.

HeartSciences Inc is a US-based company operating in Health Care Equipment & Supplies industry. The company is headquartered in Southlake, Texas and currently employs 15 full-time employees. The company went IPO on 2022-06-15. HeartSciences Inc. is an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease. The firm has libraries of artificial intelligence-enhanced electrocardiography (AI-ECG) algorithms and is developing AI-ECG solutions to be made available on either a hardware- agnostic cloud-based platform or its proprietary MyoVista wavECG device, to help identify cardiovascular disease in any care setting worldwide in a manner to suit different care providers. Its first product candidate for FDA clearance, the MyoVista wavECG, or the MyoVista, is a resting 12-lead ECG that is also designed to provide diagnostic information related to cardiac dysfunction, which has traditionally only been available through the use of cardiac imaging. The MyoVista also provides conventional ECG information in the same test. The company delivers AI-ECG algorithms using existing ECG devices across a hospital or health system.

Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies Peers: ABBOTT LABORATORIES BRAIN SCIENTIFIC INC. Sintx Technologies, Inc. NANOMIX Corp DYNATRONICS CORP HELIUS MEDICAL TECHNOLOGIES, INC. MYOMO, INC. NanoVibronix, Inc. Catheter Precision, Inc.