Financial Snapshot

Revenue
$3.336M
TTM
Gross Margin
31.73%
TTM
Net Earnings
-$13.69M
TTM
Current Assets
$13.33M
Q2 2024
Current Liabilities
$4.480M
Q2 2024
Current Ratio
297.48%
Q2 2024
Total Assets
$15.36M
Q2 2024
Total Liabilities
$4.749M
Q2 2024
Book Value
$10.61M
Q2 2024
Cash
$10.46M
Q2 2024
P/E
-3.283
Nov 29, 2024 EST
Free Cash Flow
-$11.37M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $3.229M $3.085M $4.138M $3.854M $1.684M $1.185M $703.0K $706.0K $2.978M $4.161M $1.240M
YoY Change 4.67% -25.45% 7.38% 128.82% 42.18% 68.49% -0.42% -76.29% -28.43% 235.56%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $3.229M $3.085M $4.138M $3.854M $1.684M $1.185M $703.0K $706.0K $2.978M $4.161M $1.240M
Cost Of Revenue $1.929M $1.640M $1.943M $1.346M $1.099M $688.7K $524.6K $456.0K $1.898M $2.695M $1.580M
Gross Profit $1.300M $1.445M $2.195M $2.508M $585.7K $495.9K $178.4K $250.0K $1.080M $1.466M -$350.0K
Gross Profit Margin 40.26% 46.84% 53.04% 65.08% 34.77% 41.86% 25.38% 35.41% 36.27% 35.23% -28.23%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $8.603M $735.0K $6.042M $2.757M $2.375M $1.854M $1.368M $1.875M $11.03M $13.50M $9.770M
YoY Change 1070.48% -87.84% 119.15% 16.07% 28.09% 35.54% -27.02% -83.0% -18.29% 38.13%
% of Gross Profit 661.77% 50.87% 275.26% 109.92% 405.56% 373.96% 766.94% 749.88% 1021.02% 920.53%
Research & Development $8.273M $9.123M $5.877M $3.715M $2.804M $2.130M $1.517M $1.866M $3.792M $3.841M $2.850M
YoY Change -9.32% 55.23% 58.19% 32.48% 31.69% 40.41% -18.73% -50.79% -1.28% 34.77%
% of Gross Profit 636.38% 631.35% 267.74% 148.13% 478.86% 429.47% 850.16% 746.48% 351.11% 262.01%
Depreciation & Amortization $323.0K $248.0K $127.0K $251.2K $157.9K $34.04K $34.04K $61.03K $246.0K $440.0K $480.0K
YoY Change 30.24% 95.28% -49.44% 59.11% 363.79% 0.0% -44.23% -75.19% -44.09% -8.33%
% of Gross Profit 24.85% 17.16% 5.79% 10.01% 26.95% 6.86% 19.08% 24.41% 22.78% 30.01%
Operating Expenses $16.88M $9.858M $11.92M $6.623M $5.268M $3.999M $2.896M $3.753M $14.86M $17.41M $12.72M
YoY Change 71.19% -17.29% 79.95% 25.72% 31.73% 38.1% -22.83% -74.74% -14.69% 36.9%
Operating Profit -$15.58M -$16.74M -$9.724M -$4.115M -$4.683M -$3.503M -$2.718M -$3.503M -$13.78M -$15.95M -$13.07M
YoY Change -6.95% 72.14% 136.29% -12.12% 33.66% 28.91% -22.42% -74.57% -13.62% 22.02%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $924.0K -$239.0K -$171.0K -$310.1K -$167.8K -$402.0K -$215.1K $4.401K $34.00K $84.00K -$1.520M
YoY Change -486.61% 39.77% -44.86% 84.79% -58.25% 86.9% -4986.98% -87.06% -59.52% -105.53%
% of Operating Profit
Other Income/Expense, Net $924.0K -$239.0K -$171.0K $412.0K -$192.5K -$904.0K -$2.492M -$1.340M
YoY Change -486.61% 39.77% -141.5% -78.71% -63.72% 85.97%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$14.65M -$16.98M -$9.895M -$4.425M -$4.851M -$3.905M -$2.933M -$3.691M -$14.65M -$18.36M -$15.93M
YoY Change -13.7% 71.58% 123.6% -8.77% 24.2% 33.17% -20.54% -74.8% -20.21% 15.23%
Income Tax
% Of Pretax Income
Net Earnings -$14.65M -$16.98M -$9.895M -$4.425M -$4.851M -$3.905M -$2.933M -$3.691M -$14.65M -$18.36M -$15.93M
YoY Change -13.7% 71.58% 123.6% -8.77% 24.2% 33.17% -20.54% -74.8% -20.21% 15.23%
Net Earnings / Revenue -453.76% -550.34% -239.13% -114.83% -288.0% -329.7% -417.15% -522.82% -491.81% -441.14% -1284.68%
Basic Earnings Per Share $0.32 $0.46 $0.35 $0.22
Diluted Earnings Per Share -$0.32 $0.46 -$346.6K -$258.4K -$356.1K -$334.2K -$230.7K -$290.3K -$144.0K -$180.5K -$156.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $11.06M $23.66M $25.62M $7.708M $5.870M $4.634M $1.486M $3.179M $17.63M $10.14M $19.85M
YoY Change -53.24% -7.66% 232.38% 31.31% 26.68% 211.81% -53.25% -81.97% 73.89% -48.91%
Cash & Equivalents $11.06M $23.66M $25.62M $7.708M $5.870M $4.634M $1.486M $3.179M $17.63M $10.14M $19.85M
Short-Term Investments
Other Short-Term Assets $630.0K $1.536M $2.290M $260.0K
YoY Change -58.98% -32.93% 780.77%
Inventory $2.275M $2.857M $1.955M $1.078M $728.9K $721.8K $306.3K $360.6K $1.258M $1.136M $1.260M
Prepaid Expenses
Receivables $103.0K $78.00K $456.0K $88.91K $17.02K $198.9K $23.47K $16.43K $100.0K $506.0K $340.0K
Other Receivables $114.0K $0.00 $0.00 $257.0K $394.4K $139.4K $77.17K $85.09K $231.0K $275.0K $220.0K
Total Short-Term Assets $14.18M $28.13M $30.32M $9.132M $7.011M $5.694M $1.893M $3.641M $19.22M $12.06M $21.68M
YoY Change -49.58% -7.23% 232.04% 30.26% 23.12% 200.77% -48.01% -81.06% 59.42% -44.38%
Property, Plant & Equipment $2.192M $2.024M $1.626M $586.5K $383.5K $81.57K $44.60K $69.83K $358.0K $663.0K $1.440M
YoY Change 8.3% 24.48% 177.22% 52.95% 370.15% 82.89% -36.13% -80.49% -46.0% -53.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.00K $34.00K $333.0K $34.62K $40.79K $30.52K $31.69K $28.17K $141.0K $152.0K $90.00K
YoY Change 0.0% -89.79% 861.79% -15.11% 33.65% -3.7% 12.5% -80.02% -7.24% 68.89%
Total Long-Term Assets $2.226M $2.058M $1.959M $621.2K $424.3K $112.1K $76.29K $98.00K $499.0K $815.0K $1.550M
YoY Change 8.16% 5.05% 215.37% 46.4% 278.53% 46.92% -22.15% -80.36% -38.77% -47.42%
Total Assets $16.41M $30.19M $32.28M $9.753M $7.435M $5.806M $1.969M $3.739M $19.72M $12.87M $23.23M
YoY Change
Accounts Payable $502.0K $714.0K $881.0K $608.3K $432.5K $500.6K $155.5K $140.8K $344.0K $500.0K $350.0K
YoY Change -29.69% -18.96% 44.84% 40.64% -13.6% 221.89% 10.42% -59.06% -31.2% 42.86%
Accrued Expenses $2.505M $2.375M $1.783M $991.8K $670.2K $458.3K $294.6K $240.0K $1.295M $1.298M $1.000M
YoY Change 5.47% 33.2% 79.78% 47.99% 46.22% 55.58% 22.74% -81.47% -0.23% 29.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $954.8K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $201.6K $136.7K
YoY Change 47.43%
Total Short-Term Liabilities $3.871M $4.336M $4.020M $3.688M $3.685M $1.289M $1.598M $628.8K $2.536M $3.021M $1.860M
YoY Change -10.72% 7.86% 8.99% 0.09% 185.82% -19.32% 154.13% -75.21% -16.05% 62.42%
Long-Term Debt $0.00 $0.00 $0.00 $82.45K $112.4K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -26.63%
Other Long-Term Liabilities $376.0K $430.0K $1.303M $1.658M $969.2K $796.3K $633.5K $736.8K $2.156M $2.680M $4.730M
YoY Change -12.56% -67.0% -21.43% 71.12% 21.7% 25.71% -14.02% -65.83% -19.55% -43.34%
Total Long-Term Liabilities $376.0K $430.0K $1.303M $1.741M $1.082M $796.3K $633.5K $736.8K $2.156M $2.680M $4.730M
YoY Change -12.56% -67.0% -25.15% 60.96% 35.81% 25.71% -14.02% -65.83% -19.55% -43.34%
Total Liabilities $4.247M $4.766M $5.323M $5.429M $4.767M $2.086M $2.231M $1.366M $4.692M $5.701M $6.590M
YoY Change -10.89% -10.46% -1.95% 13.9% 128.55% -6.54% 63.41% -70.9% -17.7% -13.49%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 45.64M shares 37.02M shares 28.55M shares 17.13M shares
Diluted Shares Outstanding 45.64M shares 37.02M shares 28.55M shares 17.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $44.924 Million

About IceCure Medical Ltd.

IceCure Medical Ltd. is a commercial stage medical device company. The firm operates as commercial stage medical device company focusing on the research, development and marketing of cryoablation systems, disposables and technologies based on liquid nitrogen, or LN2, for treating tumors. Cryoablation technology is a minimally invasive alternative to surgical intervention, for tumors, including those found in breast, lungs, kidneys, bones and other indications. Company's lead product is ProSense system, a single probe system, but in addition the Company developed an additional multi probe system that is expected to have the ability to freeze several tumors simultaneously or larger tumors, named MultiSense system, which has not yet been commercialized.

Industry: Surgical & Medical Instruments & Apparatus Peers: Alpha Tau Medical Ltd. Nano-X Imaging Ltd.