Electromedical Technologies, Inc (EMED) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
16561 N 92ND STREET SCOTTSDALE, AZ 85260 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 117 | 79 | 88 | 138 | 416 | 1,235 | |||
| Cash and cash equivalent | 117 | 79 | 88 | 138 | 416 | 1,235 | |||
| Receivables | 4 | 4 | 4 | 9 | 26 | 6 | |||
| Inventory, net of allowances, customer advances and progress billings | 32 | 47 | 69 | 131 | 113 | 160 | |||
| Inventory | 32 | 47 | 69 | 131 | 113 | 160 | |||
| Other undisclosed current assets | 236 | 290 | 289 | 264 | 327 | 170 | |||
| Total current assets: | 389 | 419 | 449 | 543 | 882 | 1,571 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 126 | 138 | 149 | 161 | |||||
| Property, plant and equipment | 150 | 150 | 150 | 150 | 150 | ||||
| Total noncurrent assets: | 276 | 288 | 299 | 310 | 150 | ||||
| TOTAL ASSETS: | 665 | 707 | 748 | 853 | 1,032 | 1,571 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 240 | 242 | 278 | 278 | 269 | 544 | |||
| Accounts payable | 240 | 242 | 239 | 278 | 269 | 544 | |||
| Accrued liabilities | 38 | ||||||||
| Deferred revenue | 438 | 185 | 197 | 130 | 238 | 134 | |||
| Debt | 53 | 51 | 49 | 47 | |||||
| Derivative instruments and hedges, liabilities | 973 | 1,408 | 532 | 476 | 550 | ||||
| Other undisclosed current liabilities | 2,126 | 2,260 | 2,300 | 2,161 | 2,097 | 1,765 | |||
| Total current liabilities: | 3,831 | 4,146 | 3,357 | 3,091 | 3,154 | 2,443 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 229 | 243 | 256 | 269 | 150 | 150 | |||
| Long-term debt, excluding current maturities | 150 | 150 | 150 | 150 | 150 | 150 | |||
| Finance lease, liability | 79 | 93 | 106 | 119 | |||||
| Liabilities, other than long-term debt | 5 | 6 | 8 | 9 | 10 | 11 | |||
| Other liabilities | 5 | 6 | 8 | 9 | 10 | 11 | |||
| Operating lease, liability | |||||||||
| Total noncurrent liabilities: | 234 | 249 | 265 | 278 | 160 | 161 | |||
| Total liabilities: | 4,065 | 4,395 | 3,621 | 3,369 | 3,314 | 2,604 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,400) | (3,688) | (2,873) | (2,516) | (2,282) | (1,033) | |||
| Common stock | 6 | 5 | 5 | 5 | 4 | 3 | |||
| Additional paid in capital | 23,904 | 23,848 | 23,827 | 23,835 | 23,693 | 23,480 | |||
| Accumulated deficit | (28,075) | (28,306) | (27,470) | (27,121) | (26,744) | (25,281) | |||
| Other undisclosed equity, attributable to parent | 765 | 765 | 765 | 765 | 765 | 765 | |||
| Total equity: | (3,400) | (3,688) | (2,873) | (2,516) | (2,282) | (1,033) | |||
| TOTAL LIABILITIES AND EQUITY: | 665 | 707 | 748 | 853 | 1,032 | 1,571 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 238 | 290 | 352 | 324 | 295 | 379 | ||
| Cost of revenue | (64) | (73) | (81) | (72) | (63) | (88) | ||
| Gross profit: | 173 | 217 | 271 | 251 | 232 | 291 | ||
| Operating expenses | (425) | (372) | (494) | (490) | (574) | (1,552) | ||
| Operating loss: | (252) | (155) | (223) | (239) | (341) | (1,262) | ||
| Nonoperating income (expense) | 483 | (681) | (126) | (138) | (1,118) | 805 | ||
| Other nonoperating income (expense) | 483 | (681) | (126) | (138) | (1,118) | 805 | ||
| Interest and debt expense | (58) | (59) | 843 | (162) | (284) | (388) | ||
| Income (loss) from continuing operations: | 173 | (896) | 495 | (539) | (1,744) | (844) | ||
| Other undisclosed net income (loss) | 59 | (843) | 388 | |||||
| Net income (loss): | 173 | (836) | (349) | (539) | (1,744) | (456) | ||
| Other undisclosed net income attributable to parent | 58 | 162 | 284 | |||||
| Net income (loss) attributable to parent: | 231 | (836) | (349) | (377) | (1,460) | (456) | ||
| Other undisclosed net loss available to common stockholders, basic | (3) | |||||||
| Net income (loss) available to common stockholders, diluted: | 231 | (836) | (349) | (377) | (1,463) | (456) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 173 | (836) | (349) | (539) | (1,744) | (456) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 173 | (836) | (349) | (539) | (1,744) | (456) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.