$ISPC
iSpecimen Inc.

2024 Q4 Form 10-Q Financial Statement

#000155837024014743 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $2.662M
YoY Change -4.17%
Cost Of Revenue $1.554M
YoY Change 11.61%
Gross Profit $1.108M
YoY Change -20.03%
Gross Profit Margin 41.62%
Selling, General & Admin $1.524M
YoY Change -23.78%
% of Gross Profit 137.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.51K
YoY Change -29.46%
% of Gross Profit 1.49%
Operating Expenses $1.524M
YoY Change -23.78%
Operating Profit -$1.705M
YoY Change -22.27%
Interest Expense $7.364K
YoY Change 64.93%
% of Operating Profit
Other Income/Expense, Net $265.6K
YoY Change 220.02%
Pretax Income -$1.440M
YoY Change -31.76%
Income Tax
% Of Pretax Income
Net Earnings -$1.440M
YoY Change -31.8%
Net Earnings / Revenue -54.09%
Basic Earnings Per Share -$2.10
Diluted Earnings Per Share -$2.10
COMMON SHARES
Basic Shares Outstanding 962.6K 13.10M
Diluted Shares Outstanding 687.1K

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.752M
YoY Change -69.06%
Cash & Equivalents $1.752M
Short-Term Investments $0.00
Other Short-Term Assets $277.6K
YoY Change -91.49%
Inventory
Prepaid Expenses
Receivables $974.4K
Other Receivables $0.00
Total Short-Term Assets $4.658M
YoY Change -48.96%
LONG-TERM ASSETS
Property, Plant & Equipment $102.8K
YoY Change -29.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $39.70K
YoY Change -81.34%
Total Long-Term Assets $6.606M
YoY Change -7.84%
TOTAL ASSETS
Total Short-Term Assets $4.658M
Total Long-Term Assets $6.606M
Total Assets $11.26M
YoY Change -30.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.055M
YoY Change 77.85%
Accrued Expenses $1.022M
YoY Change -0.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.000M $864.4K
YoY Change
Total Short-Term Liabilities $6.268M
YoY Change 78.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $281.4K
YoY Change 302.06%
Total Long-Term Liabilities $281.4K
YoY Change 302.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.268M
Total Long-Term Liabilities $281.4K
Total Liabilities $6.550M
YoY Change 82.47%
SHAREHOLDERS EQUITY
Retained Earnings -$65.82M
YoY Change 16.92%
Common Stock $83.00
YoY Change -90.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $172.00
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $4.715M
YoY Change
Total Liabilities & Shareholders Equity $11.26M
YoY Change -30.87%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.440M
YoY Change -31.8%
Depreciation, Depletion And Amortization $16.51K
YoY Change -29.46%
Cash From Operating Activities -$1.079M
YoY Change -33.78%
INVESTING ACTIVITIES
Capital Expenditures $155.0K
YoY Change -83.86%
Acquisitions
YoY Change
Other Investing Activities -$25.00K
YoY Change -100.75%
Cash From Investing Activities -$180.0K
YoY Change -107.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 860.0K
YoY Change
NET CHANGE
Cash From Operating Activities -1.079M
Cash From Investing Activities -180.0K
Cash From Financing Activities 860.0K
Net Change In Cash -399.4K
YoY Change -155.47%
FREE CASH FLOW
Cash From Operating Activities -$1.079M
Capital Expenditures $155.0K
Free Cash Flow -$1.234M
YoY Change -52.34%

Facts In Submission

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