Sonendo Inc

sonendo.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2024 10-K, filed Mar 26, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Feb 11, 2026.

The sections below describe the company as of the FY2024 annual report.

What Did They Do?

Sells GentleWave root-canal treatment systems and single-use procedure instruments to endodontists and general dentists.

How Did They Make Money?

Dental practitioners buy consoles, procedure instruments and accessories, with payment typically on open credit terms. Product sales are tied to when the goods transfer to customers; service contracts and technical support earn revenue over the service period.

FY2024 revenue

Who Were Their Customers?

Endodontists and general dentists who perform many root canals buy the GentleWave System directly from the company's field sales force in the United States and Canada.

Did Revenues Turn Into Profits?

No. It lost $28M in FY2024.

Operating income, FY2024

−88% of revenue

▼ −50% (Loss) vs FY2023 (−$59.3M, −135%)

Net income, FY2024

−84% of revenue

▼ −54% (Loss) vs FY2023 (−$60.9M, −139%)

Free cash flow, FY2024

−75% of revenue

▼ −47% (Loss) vs FY2023 (−$47M, −107%)

How Were They Changing?

Grew. Revenue grew 42% in 4 years, from $23.4M in FY2020 to $33.2M in FY2024, about 9% a year.

Who Did They Compete With?

Competes with Dentsply Sirona, Envista, and Henry Schein

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