Financial Snapshot

Revenue
$35.09M
TTM
Gross Margin
35.48%
TTM
Net Earnings
-$32.54M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
181.66%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$10.97M
Q3 2024
Cash
Q3 2024
P/E
-0.02766
Nov 22, 2024 EST
Free Cash Flow
-$27.17M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $43.87M $41.66M $33.20M $23.35M $34.73M
YoY Change 5.3% 25.48% 42.17% -32.77%

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 $43.87M $41.66M $33.20M $23.35M $34.73M
Cost Of Revenue $33.14M $31.18M $24.86M $19.47M $25.66M
Gross Profit $10.72M $10.48M $8.336M $3.885M $9.069M
Gross Profit Margin 24.44% 25.16% 25.11% 16.64% 26.11%

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 $54.02M $51.91M $33.91M $26.70M $35.56M
YoY Change 4.08% 53.06% 27.04% -24.93%
% of Gross Profit 503.84% 495.29% 406.83% 687.13% 392.1%
Research & Development $12.36M $16.78M $18.57M $20.46M $18.97M
YoY Change -26.35% -9.65% -9.25% 7.88%
% of Gross Profit 115.23% 160.08% 222.74% 526.67% 209.14%
Depreciation & Amortization $1.100M $1.052M $1.426M $2.079M $2.993M
YoY Change 4.56% -26.23% -31.41% -30.54%
% of Gross Profit 10.26% 10.04% 17.11% 53.51% 33.0%
Operating Expenses $68.47M $68.68M $52.74M $46.68M $55.15M
YoY Change -0.32% 30.22% 12.98% -15.35%
Operating Profit -$57.74M -$58.20M -$44.41M -$42.80M -$46.08M
YoY Change -0.79% 31.07% 3.76% -7.12%

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 -$3.174M -$3.228M -$4.162M -$4.211M -$3.442M
YoY Change -1.67% -22.44% -1.16% 22.34%
% of Operating Profit
Other Income/Expense, Net $0.00 $71.00K $346.0K $225.0K
YoY Change -100.0% -79.48% 53.78%

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 -$60.92M -$57.05M -$48.50M -$46.66M -$49.30M
YoY Change 6.78% 17.63% 3.93% -5.34%
Income Tax $2.000K $2.000K $2.000K $2.000K $0.00
% Of Pretax Income
Net Earnings -$60.92M -$57.05M -$48.50M -$46.67M -$49.30M
YoY Change 6.78% 17.63% 3.93% -5.34%
Net Earnings / Revenue -138.88% -136.96% -146.09% -199.84% -141.94%
Basic Earnings Per Share -$0.65 -$1.27 -$8.52
Diluted Earnings Per Share -$0.65 -$1.27 -$1.842M -$1.773M -$1.873M

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 $46.78M $91.45M $84.64M $51.72M $92.17M
YoY Change -48.84% 8.04% 63.65% -43.88%
Cash & Equivalents $14.01M $17.67M $84.64M $51.72M $92.17M
Short-Term Investments $32.77M $73.78M
Other Short-Term Assets $2.334M $8.397M $3.552M $901.0K $1.057M
YoY Change -72.2% 136.4% 294.23% -14.76%
Inventory $11.07M $15.46M $8.150M $4.338M $6.651M
Prepaid Expenses
Receivables $5.081M $5.798M $2.516M $1.934M $2.641M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $65.27M $121.1M $98.86M $58.90M $102.5M
YoY Change -46.1% 22.5% 67.86% -42.55%
Property, Plant & Equipment $3.638M $5.315M $5.112M $6.461M $5.623M
YoY Change -31.55% 3.97% -20.88% 14.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $136.0K $118.0K $118.0K $123.0K $123.0K
YoY Change 15.25% 0.0% -4.07% 0.0%
Total Long-Term Assets $12.89M $16.18M $16.64M $17.25M $16.94M
YoY Change -20.34% -2.77% -3.51% 1.81%
Total Assets $78.16M $137.3M $115.5M $76.14M $119.5M
YoY Change
Accounts Payable $1.176M $4.438M $3.061M $1.930M $2.299M
YoY Change -73.5% 44.99% 58.6% -16.05%
Accrued Expenses $7.401M $10.09M $9.109M $7.763M $5.242M
YoY Change -26.63% 10.74% 17.34% 48.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $28.35M $27.55M
YoY Change -100.0% 2.93%
Long-Term Debt Due $24.94M $34.00K $55.00K
YoY Change 73250.0% -38.18%
Total Short-Term Liabilities $35.32M $16.72M $14.65M $40.80M $39.44M
YoY Change 111.3% 14.09% -64.09% 3.46%
Long-Term Debt $12.61M $36.93M $26.57M $0.00 $0.00
YoY Change -65.85% 39.01%
Other Long-Term Liabilities $1.808M $1.685M $2.218M $7.889M $7.590M
YoY Change 7.3% -24.03% -71.88% 3.94%
Total Long-Term Liabilities $14.42M $38.61M $28.78M $7.889M $7.590M
YoY Change -62.66% 34.15% 264.86% 3.94%
Total Liabilities $49.74M $55.33M $43.44M $48.69M $47.03M
YoY Change -10.1% 27.38% -10.79% 3.54%

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 93.99M 44.93M 5.695M
Diluted Shares Outstanding 93.99M 44.93M 5.695M
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: $900 Thousand

About Sonendo, Inc.

Sonendo Inc is a US-based company operating in Health Care Equipment & Supplies industry. The company is headquartered in Laguna Hills, California and currently employs 216 full-time employees. The company went IPO on 2021-10-29. Sonendo, Inc. is a commercial-stage medical technology company focused on saving teeth from tooth decay. The firm develops and manufactures the GentleWave System, a technology platform designed to treat tooth decay by cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure. The system utilizes a mechanism of action, which combines procedure fluid optimization, broad-spectrum acoustic energy, and advanced fluid dynamics, to debride and disinfect deep regions of the complex root canal system in a less invasive procedure that preserves tooth structure. Its Product segment includes the sales of the GentleWave System console and related accessories and instruments. The firm also offers ancillary products, such as SoundSeal and its Sonendo-branded liquid solution of ethylenediaminetetraacetic acid (EDTA). SoundSeal is a material used during the GentleWave Procedure to build and create a sealing platform on the top of the crown.

Industry: Dental Equipment & Supplies Peers: ABBOTT LABORATORIES BioSig Technologies, Inc. STRATA Skin Sciences, Inc. electroCore, Inc. OMNIA WELLNESS INC. NEUROONE MEDICAL TECHNOLOGIES Corp PRECISION OPTICS CORPORATION, INC. SANUWAVE Health, Inc. Vivani Medical, Inc.