Financial Snapshot

Revenue
$600.0K
TTM
Gross Margin
35.45%
TTM
Net Earnings
-$4.197M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
564.82%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.834M
Q3 2024
Cash
Q3 2024
P/E
-0.5211
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $1.176M $1.840M $1.166M $860.0K $420.0K
YoY Change -36.09% 57.8% 35.58% 104.76%

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 $1.176M $1.840M $1.166M $860.0K $420.0K
Cost Of Revenue $889.0K $1.541M $1.295M $1.085M $709.0K
Gross Profit $287.0K $299.0K -$129.0K -$225.0K -$289.0K
Gross Profit Margin 24.4% 16.25% -11.06% -26.16% -68.81%

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 $6.877M $8.667M $4.625M $2.320M $2.364M
YoY Change -20.65% 87.39% 99.35% -1.86%
% of Gross Profit 2396.17% 2898.66%
Research & Development $1.655M $1.730M $878.0K $542.0K $990.0K
YoY Change -4.34% 97.04% 61.99% -45.25%
% of Gross Profit 576.66% 578.6%
Depreciation & Amortization $8.000K $10.00K $8.000K $8.000K $4.000K
YoY Change -20.0% 25.0% 0.0% 100.0%
% of Gross Profit 2.79% 3.34%
Operating Expenses $8.532M $10.40M $5.503M $2.862M $3.354M
YoY Change -17.94% 88.93% 92.28% -14.67%
Operating Profit -$8.245M -$10.10M -$5.632M -$3.087M -$3.643M
YoY Change -18.35% 79.3% 82.44% -15.26%

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 $2.000K -$1.387M -$450.0K -$518.0K
YoY Change -100.14% 208.22% -13.13%
% of Operating Profit
Other Income/Expense, Net $1.000K $2.000K $162.0K $15.00K $15.00K
YoY Change -50.0% -98.77% 980.0% 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 2019
Pretax Income -$8.244M -$10.10M -$8.493M -$3.639M -$4.146M
YoY Change -18.34% 18.87% 133.39% -12.23%
Income Tax $1.000K $0.00 $2.000K
% Of Pretax Income
Net Earnings -$8.244M -$10.10M -$8.494M -$3.639M -$4.148M
YoY Change -18.34% 18.86% 133.42% -12.27%
Net Earnings / Revenue -701.02% -548.7% -728.47% -423.14% -987.62%
Basic Earnings Per Share -$10.40 -$1.04 -$2.43
Diluted Earnings Per Share -$10.40 -$1.04 -$874.3K -$392.8K -$447.7K

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 $3.517M $12.98M $1.044M $2.311M
YoY Change -72.89% 1142.82% -54.82%
Cash & Equivalents $3.517M $12.98M $1.044M $2.311M
Short-Term Investments
Other Short-Term Assets $819.0K $834.0K $160.0K $175.0K
YoY Change -1.8% 421.25% -8.57%
Inventory $863.0K $429.0K $241.0K $475.0K
Prepaid Expenses
Receivables $88.00K $51.00K $52.00K $13.00K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $5.287M $14.29M $1.497M $2.974M
YoY Change -63.0% 854.51% -49.66%
Property, Plant & Equipment $535.0K $698.0K $19.00K $27.00K
YoY Change -23.35% 3573.68% -29.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.00K $49.00K $15.00K $23.00K
YoY Change -30.61% 226.67% -34.78%
Total Long-Term Assets $569.0K $747.0K $34.00K $50.00K
YoY Change -23.83% 2097.06% -32.0%
Total Assets $5.856M $15.04M $1.531M $3.024M
YoY Change
Accounts Payable $1.323M $789.0K $370.0K $369.0K
YoY Change 67.68% 113.24% 0.27%
Accrued Expenses $536.0K $430.0K $152.0K $284.0K
YoY Change 24.65% 182.89% -46.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $36.00K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $1.859M $1.219M $1.275M $653.0K
YoY Change 52.5% -4.39% 95.25%
Long-Term Debt $0.00 $0.00 $1.433M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $367.0K $545.0K
YoY Change -32.66%
Total Long-Term Liabilities $367.0K $545.0K $1.433M $0.00
YoY Change -32.66% -61.97%
Total Liabilities $2.226M $1.764M $2.708M $653.0K
YoY Change 26.19% -34.86% 314.7%

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 793.0K 9.673M 3.493M
Diluted Shares Outstanding 793.0K 9.673M 3.493M
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: $2.1872 Million

About Tivic Health Systems, Inc.

Tivic Health Systems, Inc. operates as a bio-electronic health-tech company, which develops micro current therapy solutions for chronic diseases and conditions. The company is headquartered in Fremont, California and currently employs 9 full-time employees. The company went IPO on 2021-11-11. The Company’s patented technology platform leverages stimulation on the trigeminal, sympathetic, and vagus nerve structures. Its non-invasive and targeted approach to the treatment of inflammatory chronic health conditions is intended to give consumers and providers drug-free therapeutic solutions with high safety profiles, low risk, and broad applications. The Company’s first commercial product, ClearUP, is an FDA approved handheld bioelectronic sinus device. ClearUP is clinically proven, doctor-recommended, and available through online retailers and commercial distributors. ClearUP is sold in the U.S. directly to consumers on various platforms and through reseller channels. The firm is also focused on its intellectual property (IP) portfolio and research programs related to vagus nerve stimulation to expand its applications in non-invasive bioelectronic medicine.

Industry: Electromedical & Electrotherapeutic Apparatus Peers: ABBOTT LABORATORIES AETHLON MEDICAL INC BRAIN SCIENTIFIC INC. NANOMIX Corp Bluejay Diagnostics, Inc. NAYA Biosciences, Inc. FEMASYS INC NanoVibronix, Inc. Tenon Medical, Inc.