Financial Snapshot

Revenue
$76.45M
TTM
Gross Margin
73.86%
TTM
Net Earnings
-$28.09M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
558.76%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$9.823M
Q3 2024
Cash
Q3 2024
P/E
-11.89
Nov 29, 2024 EST
Free Cash Flow
-$16.76M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $65.42M $45.52M $45.18M $41.14M $36.97M
YoY Change 43.72% 0.75% 9.83% 11.27%

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
Revenue $65.42M $45.52M $45.18M $41.14M $36.97M
Cost Of Revenue $17.30M $13.03M $11.75M $10.87M $10.51M
Gross Profit $48.12M $32.49M $33.44M $30.27M $26.46M
Gross Profit Margin 73.56% 71.38% 74.0% 73.59% 71.57%

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
Selling, General & Admin $54.52M $51.34M $38.96M $27.63M $30.20M
YoY Change 6.19% 31.78% 41.02% -8.52%
% of Gross Profit 113.29% 158.01% 116.53% 91.27% 114.13%
Research & Development $20.78M $21.95M $18.21M $15.70M $18.29M
YoY Change -5.32% 20.51% 16.03% -14.19%
% of Gross Profit 43.18% 67.54% 54.47% 51.85% 69.12%
Depreciation & Amortization $200.0K $300.0K $300.0K $300.0K $420.0K
YoY Change -33.33% 0.0% 0.0% -28.57%
% of Gross Profit 0.42% 0.92% 0.9% 0.99% 1.59%
Operating Expenses $75.30M $73.29M $57.17M $43.32M $48.49M
YoY Change 2.74% 28.19% 31.97% -10.66%
Operating Profit -$27.17M -$40.79M -$23.74M -$13.05M -$22.03M
YoY Change -33.39% 71.86% 81.88% -40.76%

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
Interest Expense $8.517M $7.529M $7.410M $11.49M -$9.220M
YoY Change 13.12% 1.61% -35.49% -224.58%
% of Operating Profit
Other Income/Expense, Net -$315.0K -$337.0K -$5.381M $218.0K $1.280M
YoY Change -6.53% -93.74% -2568.35% -82.97%

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
Pretax Income -$32.96M -$47.08M -$36.08M -$24.28M -$29.97M
YoY Change -30.0% 30.49% 48.6% -18.99%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$32.96M -$47.08M -$36.08M -$24.28M -$29.97M
YoY Change -30.0% 30.49% 48.61% -18.99%
Net Earnings / Revenue -50.38% -103.43% -79.85% -59.02% -81.07%
Basic Earnings Per Share -$1.27 -$1.91 -$2.17 -$117.90
Diluted Earnings Per Share -$1.27 -$1.91 -$2.17 -$117.90 -$1.295M

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
Cash & Short-Term Investments $66.45M $77.41M $115.6M $38.08M $5.090M
YoY Change -14.15% -33.03% 203.53% 648.13%
Cash & Equivalents $18.06M $6.605M $19.19M $26.39M $4.120M
Short-Term Investments $48.40M $70.80M $96.40M $11.69M $970.0K
Other Short-Term Assets $2.737M $3.111M $2.319M $1.180M $1.250M
YoY Change -12.02% 34.15% 96.53% -5.6%
Inventory $11.21M $9.712M $7.822M $6.910M $7.900M
Prepaid Expenses
Receivables $12.31M $7.482M $7.091M $8.400M $6.020M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $92.72M $97.71M $132.8M $54.56M $20.26M
YoY Change -5.11% -26.43% 143.43% 169.3%
Property, Plant & Equipment $14.41M $15.90M $603.0K $520.0K $810.0K
YoY Change -9.4% 2537.15% 15.96% -35.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $524.0K $490.0K $143.0K $870.0K $30.00K
YoY Change 6.94% 242.66% -83.56% 2800.0%
Total Long-Term Assets $14.93M $16.39M $746.0K $1.390M $840.0K
YoY Change -8.91% 2097.32% -46.33% 65.48%
Total Assets $107.7M $114.1M $133.6M $55.95M $21.10M
YoY Change
Accounts Payable $2.332M $2.147M $1.378M $950.0K $900.0K
YoY Change 8.62% 55.81% 45.05% 5.56%
Accrued Expenses $12.81M $8.829M $7.923M $5.940M $6.450M
YoY Change 45.06% 11.44% 33.38% -7.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $18.64M
YoY Change -100.0%
Long-Term Debt Due $0.00 $2.040M $44.16M
YoY Change -100.0% -95.38%
Total Short-Term Liabilities $16.23M $10.98M $9.301M $9.600M $75.15M
YoY Change 47.86% 18.01% -3.11% -87.23%
Long-Term Debt $56.95M $52.91M $49.85M $51.19M $0.00
YoY Change 7.64% 6.15% -2.62%
Other Long-Term Liabilities $13.81M $15.44M $911.0K $1.580M $1.730M
YoY Change -10.53% 1594.84% -42.34% -8.67%
Total Long-Term Liabilities $70.77M $68.35M $50.76M $52.77M $1.730M
YoY Change 3.53% 34.66% -3.81% 2950.29%
Total Liabilities $87.00M $79.33M $60.06M $62.36M $76.88M
YoY Change 9.67% 32.09% -3.69% -18.89%

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
Basic Shares Outstanding 25.85M shares 24.59M shares 16.61M shares 204.1K shares
Diluted Shares Outstanding 25.85M shares 24.59M shares 16.61M shares 204.1K 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: $334 Million

About NeuroPace Inc

NeuroPace, Inc. develops, manufactures, and markets implantable devices for treating epilepsy and neurological disorders. The company is headquartered in Mountain View, California and currently employs 171 full-time employees. The company went IPO on 2021-04-22. The firm is focused on transforming the lives of people living with epilepsy by reducing or eliminating the occurrence of debilitating seizures. Its novel and differentiated RNS System is a brain-responsive platform that delivers personalized, real-time treatment at the seizure source. The firm has developed its RNS System to address the individualized nature of drug-resistant epilepsy and deliver a safe therapy for focal onset seizures anywhere in the brain. The RNS System is a device that records brain activity data and allows clinicians to monitor patients not only in person, but also remotely. RNS System monitors and analyzes the brain’s electrical activity, recognizes patient-specific abnormal patterns, and delivers treatment at the seizure source. The Company’s RNS System is also engaged in treating other brain disorders, including depression, impulse control disorders, memory disorders, and post-traumatic stress disorder.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES DarioHealth Corp. PULSE BIOSCIENCES, INC. Electromed, Inc. FONAR CORP LENSAR, Inc. Neuronetics, Inc. PAVmed Inc.