Financial Snapshot

Revenue
$2.647M
TTM
Gross Margin
91.01%
TTM
Net Earnings
-$57.69M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
422.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$46.22M
Q3 2024
Cash
Q3 2024
P/E
-4.000
Nov 13, 2024 EST
Free Cash Flow
-$34.41M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $2.760M $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 $2.760M $0.00 $0.00 $0.00
Cost Of Revenue $186.0K $211.0K $199.0K $145.0K
Gross Profit $2.574M $3.322M -$981.0K $5.558M
Gross Profit Margin 93.26%

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 $20.26M $3.080M $394.8K $180.0K
YoY Change 557.67% 680.29% 119.31%
% of Gross Profit 787.02% 92.72% 3.24%
Research & Development $33.82M $21.95M $12.89M $13.48M
YoY Change 54.12% 70.25% -4.36%
% of Gross Profit 1313.99% 660.6% 242.48%
Depreciation & Amortization $287.0K $222.0K $181.0K $137.0K
YoY Change 29.28% 22.65% 32.12%
% of Gross Profit 11.15% 6.68% 2.46%
Operating Expenses $54.08M $3.080M $394.8K $180.0K
YoY Change 1655.7% 680.29% 119.31%
Operating Profit -$51.51M -$3.080M -$394.8K $5.378M
YoY Change 1572.13% 680.3% -107.34%

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 $3.537M $345.1K $16.00K $10.00K
YoY Change 924.8% 2057.13% 60.0%
% of Operating Profit 0.19%
Other Income/Expense, Net $120.0K $120.0K
YoY Change 0.0%

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 -$49.12M -$2.735M -$378.8K -$170.0K
YoY Change 1695.9% 622.14% 122.79%
Income Tax
% Of Pretax Income
Net Earnings -$49.12M -$2.735M -$378.8K -$170.0K
YoY Change 1695.9% 622.14% 122.79%
Net Earnings / Revenue -1779.71%
Basic Earnings Per Share -$1.48 -$0.17 -$0.02
Diluted Earnings Per Share -$1.48 -$0.17 -$18.52K -$9.529K

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 $87.60M $83.70M $1.754M $2.000M
YoY Change 4.65% 4670.64% -12.28%
Cash & Equivalents $30.56M $19.78M $9.938M $20.34M
Short-Term Investments $57.04M $63.92M $958.0K $1.945M
Other Short-Term Assets $1.274M $619.0K $46.67K $100.0K
YoY Change 105.82% 1226.33% -53.33%
Inventory $146.0K $276.0K $68.00K $69.00K
Prepaid Expenses
Receivables $99.00K $96.00K $121.0K $168.0K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $89.11M $84.69M $1.801M $2.100M
YoY Change 5.22% 4602.05% -14.23%
Property, Plant & Equipment $2.834M $3.676M $1.120M $1.027M
YoY Change -22.91% 228.21% 9.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.495M $2.495M $160.0M $160.0M
YoY Change 0.0% -98.44% 0.01%
Other Assets $769.0K $4.711M $690.0K $626.0K
YoY Change -83.68% 582.75% 10.22%
Total Long-Term Assets $6.098M $10.88M $160.0M $160.1M
YoY Change -43.96% -93.2% -0.05%
Total Assets $95.21M $95.57M $161.8M $162.2M
YoY Change
Accounts Payable $2.900M $3.968M $1.390K $0.00
YoY Change -26.92% 285367.63%
Accrued Expenses $5.798M $6.073M $164.2K $100.0K
YoY Change -4.53% 3599.66% 64.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $2.000M $4.000M
YoY Change -100.0% -50.0%
Total Short-Term Liabilities $11.21M $18.57M $165.5K $100.0K
YoY Change -39.63% 11115.42% 65.54%
Long-Term Debt $0.00 $9.490M $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $15.96M $14.98M $17.39M $15.36M
YoY Change 6.53% -13.87% 13.21%
Total Long-Term Liabilities $15.96M $24.47M $0.00 $0.00
YoY Change -34.78%
Total Liabilities $27.17M $43.04M $5.766M $5.700M
YoY Change -36.87% 646.47% 1.15%

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 33.23M 16.43M shares 20.45M shares
Diluted Shares Outstanding 33.23M 16.43M shares 20.45M 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: $230.74 Million

About Orchestra Biomed Holdings Inc

Orchestra Biomed Holdings, Inc. engages in the provision of biomedical technologies to patients through risk-reward-sharing partnerships with medical device companies. The company is headquartered in New Hope, Pennsylvania and currently employs 56 full-time employees. The company went IPO on 2020-08-04. Its lead product candidate is BackBeat Cardiac Neuromodulation Therapy (BackBeat CNT) for the treatment of hypertension (HTN), the leading risk factor for death worldwide. The company is also developing the Virtue Sirolimus AngioInfusion Balloon (Virtue SAB) for the treatment of atherosclerotic artery disease, the leading cause of mortality worldwide. The company is developing bioelectronic therapies based on patented CNT technology. BackBeat CNT, also known as Atrioventricular Interval Modulation (AVIM) therapy, is a bioelectronic therapy candidate designed to substantially and persistently lower blood pressure. Virtue SAB is a proprietary drug/device combination product candidate for the treatment of artery disease that is designed to deliver a proprietary, investigational, extended-release formulation of sirolimus (SirolimusEFR) to the vessel wall during balloon angioplasty without the need for balloon coating or a permanent implant.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories Cutera Inc Artivion Inc Senseonics Holdings Inc IRadimed Corp ViewRay Inc Orthofix Medical Inc SI-BONE Inc Sight Sciences Inc Varex Imaging Corp