Financial Snapshot

Revenue
$79.54M
TTM
Gross Margin
85.11%
TTM
Net Earnings
-$50.35M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1017.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$94.96M
Q3 2024
Cash
Q3 2024
P/E
-3.790
Nov 29, 2024 EST
Free Cash Flow
-$25.89M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $81.06M $71.33M $48.96M $27.64M $23.35M $7.530M
YoY Change 13.63% 45.7% 77.12% 18.38% 210.07%

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 2018
Revenue $81.06M $71.33M $48.96M $27.64M $23.35M $7.530M
Cost Of Revenue $11.88M $12.36M $8.610M $9.209M $6.544M $2.338M
Gross Profit $69.18M $58.97M $40.35M $18.43M $16.80M $5.192M
Gross Profit Margin 85.34% 82.67% 82.41% 66.68% 71.97% 68.95%

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 2018
Selling, General & Admin $108.9M $120.1M $76.19M $41.75M $32.72M $14.06M
YoY Change -9.3% 57.59% 82.51% 27.59% 132.66%
% of Gross Profit 157.42% 203.6% 188.84% 226.49% 194.71% 270.86%
Research & Development $17.56M $22.86M $15.63M $8.874M $8.124M $5.426M
YoY Change -23.2% 46.21% 76.18% 9.23% 49.72%
% of Gross Profit 25.38% 38.76% 38.75% 48.15% 48.35% 104.51%
Depreciation & Amortization $614.0K $700.0K $600.0K $600.0K $295.0K $63.00K
YoY Change -12.29% 16.67% 0.0% 103.39% 368.25%
% of Gross Profit 0.89% 1.19% 1.49% 3.26% 1.76% 1.21%
Operating Expenses $126.4M $142.9M $91.82M $50.62M $40.84M $19.49M
YoY Change -11.53% 55.65% 81.4% 23.94% 109.57%
Operating Profit -$57.27M -$83.95M -$51.48M -$32.19M -$24.04M -$14.30M
YoY Change -31.78% 63.09% 59.93% 33.9% 68.14%

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 2018
Interest Expense -$5.408M $4.466M $4.366M $2.403M -$1.787M $1.000K
YoY Change -221.09% 2.29% 81.69% -234.47% -178800.0%
% of Operating Profit
Other Income/Expense, Net $7.245M $2.225M -$6.928M -$71.00K -$35.00K $0.00
YoY Change 225.62% -132.12% 9657.75% 102.86%

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 2018
Pretax Income -$55.44M -$86.20M -$62.77M -$34.63M -$25.86M -$14.30M
YoY Change -35.68% 37.31% 81.25% 33.92% 80.9%
Income Tax $110.0K $47.00K $188.0K $61.00K $8.000K -$6.000K
% Of Pretax Income
Net Earnings -$55.55M -$86.24M -$62.96M -$34.69M -$25.87M -$14.29M
YoY Change -35.59% 36.98% 81.48% 34.11% 81.03%
Net Earnings / Revenue -68.53% -120.9% -128.61% -125.52% -110.8% -189.77%
Basic Earnings Per Share -$1.14 -$1.80 -$2.36
Diluted Earnings Per Share -$1.14 -$1.80 -$2.355M -$769.9K -$574.1K -$317.1K

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 2018
Cash & Short-Term Investments $138.1M $185.0M $260.7M $61.51M $21.24M $4.242M
YoY Change -25.34% -29.03% 323.81% 189.64% 400.64%
Cash & Equivalents $138.1M $185.0M $260.7M $61.51M $21.24M $4.242M
Short-Term Investments
Other Short-Term Assets $2.604M $3.415M $4.164M $1.161M $426.0K $621.0K
YoY Change -23.75% -17.99% 258.66% 172.54% -31.4%
Inventory $7.849M $6.114M $3.475M $2.598M $2.244M $486.0K
Prepaid Expenses
Receivables $14.29M $15.15M $8.709M $5.363M $4.094M $1.815M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $162.9M $209.7M $277.0M $70.63M $28.00M $7.164M
YoY Change -22.32% -24.31% 292.22% 152.25% 290.86%
Property, Plant & Equipment $3.098M $3.185M $2.949M $1.787M $2.572M $868.0K
YoY Change -2.73% 8.0% 65.03% -30.52% 196.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $682.0K $211.0K $202.0K $386.0K $168.0K $62.00K
YoY Change 223.22% 4.46% -47.67% 129.76% 170.97%
Total Long-Term Assets $3.780M $3.396M $3.151M $2.173M $2.740M $930.0K
YoY Change 11.31% 7.78% 45.01% -20.69% 194.62%
Total Assets $166.7M $213.1M $280.2M $72.81M $30.74M $8.094M
YoY Change
Accounts Payable $1.731M $2.688M $3.351M $2.158M $2.315M $1.879M
YoY Change -35.6% -19.79% 55.28% -6.78% 23.2%
Accrued Expenses $8.302M $15.13M $10.15M $7.156M $5.021M $1.017M
YoY Change -45.13% 49.01% 41.88% 42.52% 393.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.219M
YoY Change
Total Short-Term Liabilities $12.25M $17.82M $13.50M $9.314M $7.336M $2.896M
YoY Change -31.23% 31.94% 44.99% 26.96% 153.31%
Long-Term Debt $31.71M $33.31M $32.66M $31.96M $12.86M $0.00
YoY Change -4.82% 2.01% 2.19% 148.58%
Other Long-Term Liabilities $2.476M $1.867M $1.919M $3.055M $977.0K $7.000K
YoY Change 32.62% -2.71% -37.18% 212.69% 13857.14%
Total Long-Term Liabilities $34.18M $35.18M $34.58M $35.01M $13.83M $7.000K
YoY Change -2.83% 1.75% -1.24% 153.11% 197500.0%
Total Liabilities $46.44M $53.00M $48.08M $44.32M $21.17M $2.903M
YoY Change -12.38% 10.23% 8.47% 109.39% 629.18%

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 2018
Basic Shares Outstanding 48.63M 47.85M 26.73M
Diluted Shares Outstanding 48.63M 47.85M 26.73M
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: $190.84 Million

About Sight Sciences, Inc.

Sight Sciences, Inc. is an ophthalmic medical device company, which focuses on the development and commercialization of surgical and nonsurgical technologies for the treatment of prevalent eye diseases. The company is headquartered in Menlo Park, California and currently employs 214 full-time employees. The company went IPO on 2021-07-15. The firm is focused on the development and commercialization of surgical and nonsurgical technologies for the treatment of prevalent eye diseases. The firm operates through two segments: Surgical Glaucoma and Dry Eye. The product portfolio for the Surgical Glaucoma segment features the OMNI Surgical System, which is an implant-free glaucoma surgery technology indicated to reduce intraocular pressure in adult patients with primary open-angle glaucoma and the SION Surgical Instrument, a manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork. The product portfolio for the Dry Eye segment consists of the TearCare System (TearCare) for ophthalmologists and optometrists. TearCare is a wearable eyelid technology that delivers targeted and adjustable heat to the meibomian glands of the eyelids in adult patients with evaporative dry eye disease due to meibomian gland disfunction.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES ZYNEX INC ClearPoint Neuro, Inc. Vicarious Surgical Inc. IRADIMED CORP Orthofix Medical Inc. Semler Scientific, Inc. SURMODICS INC ZimVie Inc.