Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$2.892M
TTM
Current Assets
Q3 2024
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.000K
Q3 2024
Cash
Q3 2024
P/E
-20.38
Nov 29, 2024 EST
Free Cash Flow
-$755.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $0.00 $0.00 $0.00 $0.00
YoY Change

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
Revenue $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

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
Selling, General & Admin $2.850M $2.877M $2.256M $320.0K
YoY Change -0.94% 27.53% 605.0%
% of Gross Profit
Research & Development $2.061M $1.885M $1.419M $409.0K
YoY Change 9.34% 32.84% 246.94%
% of Gross Profit
Depreciation & Amortization $17.00K $10.00K $5.000K $1.000K
YoY Change 70.0% 100.0% 400.0%
% of Gross Profit
Operating Expenses $4.911M $4.762M $3.675M $730.0K
YoY Change 3.13% 29.58% 403.42%
Operating Profit -$4.911M -$4.762M -$3.675M
YoY Change 3.13% 29.58%

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
Interest Expense $3.000K $28.00K -$41.00K -$22.00K
YoY Change -89.29% -168.29% 86.36%
% of Operating Profit
Other Income/Expense, Net $2.000K $28.00K -$41.00K
YoY Change -92.86% -168.29%

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
Pretax Income $4.909M $4.734M $3.716M -$752.0K
YoY Change 3.7% 27.4% -594.15%
Income Tax
% Of Pretax Income
Net Earnings -$4.909M -$4.734M -$3.716M -$752.0K
YoY Change 3.7% 27.4% 394.15%
Net Earnings / Revenue
Basic Earnings Per Share -$0.07 -$0.07 -$0.06
Diluted Earnings Per Share -$0.07 -$0.07 -$0.06 -$0.03

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
Cash & Short-Term Investments $767.0K $3.002M $2.815M $1.866M
YoY Change -74.45% 6.64% 50.86%
Cash & Equivalents $767.0K $3.002M $2.815M $1.866M
Short-Term Investments
Other Short-Term Assets $30.00K
YoY Change
Inventory
Prepaid Expenses
Receivables $51.00K $55.00K $67.00K $218.0K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $848.0K $3.057M $2.882M $2.084M
YoY Change -72.26% 6.07% 38.29%
Property, Plant & Equipment $140.0K $226.0K $31.00K $6.000K
YoY Change -38.05% 629.03% 416.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.00K $11.00K $30.00K
YoY Change 0.0% -63.33%
Total Long-Term Assets $151.0K $237.0K $61.00K $6.000K
YoY Change -36.29% 288.52% 916.67%
Total Assets $999.0K $3.294M $2.943M $2.090M
YoY Change
Accounts Payable $126.0K $151.0K $126.0K $42.00K
YoY Change -16.56% 19.84% 200.0%
Accrued Expenses $297.0K $299.0K $269.0K $481.0K
YoY Change -0.67% 11.15% -44.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $162.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $473.0K $662.0K $395.0K $523.0K
YoY Change -28.55% 67.59% -24.47%
Long-Term Debt $161.0K $0.00 $177.0K $166.0K
YoY Change -100.0% 6.63%
Other Long-Term Liabilities $0.00 $40.00K
YoY Change -100.0%
Total Long-Term Liabilities $161.0K $40.00K $177.0K $166.0K
YoY Change 302.5% -77.4% 6.63%
Total Liabilities $634.0K $702.0K $572.0K $689.0K
YoY Change -9.69% 22.73% -16.98%

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
Basic Shares Outstanding 69.40M shares 67.58M shares 63.11M shares
Diluted Shares Outstanding 69.40M shares 67.58M 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: $58.937 Million

About IR-Med, Inc.

IR-Med, Inc. is engaged in the designing and developing devices utilizing spectrographic usability medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies. The company is headquartered in New York City, New York and currently employs 6 full-time employees. The company went IPO on 2001-07-18. The firm is engaged in developing its technology through its subsidiary and is utilizing Infra-Red-light spectroscopy (IR) combined with artificial intelligence (AI) technology platform to develop non-invasive devices for various medical indications, by detecting and measuring various biomarkers and molecules in the blood and in human tissue in real-time. The firm has three principal medical devices in development. Its product under development, PressureSafe, is a handheld optical monitoring device that is being developed to support early detection of pressure injuries (PI) to the skin and underlying tissue. DiaSafe is a handheld optical monitoring device that is being developed to support early detection of DFUs in lower limb skin and underlying tissue. Nobiotics is an otoscope designed to support physicians with an immediate indication as to whether a mid-ear infection (otitis media) is of a bacterial origin.

Industry: Electromedical & Electrotherapeutic Apparatus Peers: ABBOTT LABORATORIES KNOW LABS, INC. Co-Diagnostics, Inc. DAXOR CORP electroCore, Inc. IRIDEX CORP Owlet, Inc. PRECISION OPTICS CORPORATION, INC. VASO Corp