IR-Med, Inc. (IRME) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
C/O ABOUDI LEGAL GROUP PLLC, 745 5TH AVE NEW YORK, NY 10151 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 767,000 | 3,002,000 | 2,815,000 | |||
| Cash and cash equivalents | 767,000 | 3,002,000 | 2,815,000 | |||
| Receivables | 81,000 | 55,000 | 67,000 | |||
| Total current assets: | 848,000 | 3,057,000 | 2,882,000 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 84,000 | 155,000 | ||||
| Property, plant and equipment | 56,000 | 71,000 | 31,000 | |||
| Other undisclosed noncurrent assets | 11,000 | 11,000 | 30,000 | |||
| Total noncurrent assets: | 151,000 | 237,000 | 61,000 | |||
| TOTAL ASSETS: | 999,000 | 3,294,000 | 2,943,000 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 473,000 | 500,000 | 395,000 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 129,000 | ||
| Accounts payable | 64,000 | 68,000 | 61,000 | |||
| Accrued liabilities | 160,000 | 132,000 | 140,000 | |||
| Other undisclosed accounts payable and accrued liabilities | 249,000 | 300,000 | 65,000 | |||
| Due to related parties | ✕ | ✕ | 162,000 | |||
| Total current liabilities: | 473,000 | 662,000 | 395,000 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 40,000 | |||||
| Other undisclosed long-term debt and lease obligation | 40,000 | |||||
| Liabilities, other than long-term debt | 177,000 | |||||
| Due to related parties | ✕ | ✕ | 177,000 | |||
| Other undisclosed noncurrent liabilities | 161,000 | |||||
| Total noncurrent liabilities: | 161,000 | 40,000 | 177,000 | |||
| Other undisclosed liabilities | ||||||
| Total liabilities: | 634,000 | 702,000 | 572,000 | |||
| Equity | ||||||
| Equity, attributable to parent | 365,000 | 2,592,000 | 2,371,000 | |||
| Common stock | 69,000 | 68,000 | 64,000 | |||
| Additional paid in capital | 15,135,000 | 12,454,000 | 7,503,000 | |||
| Accumulated deficit | (14,839,000) | (9,930,000) | (5,196,000) | |||
| Total equity: | 365,000 | 2,592,000 | 2,371,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 999,000 | 3,294,000 | 2,943,000 | |||
Income Statement (P&L) (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Operating expenses | (4,911,000) | (4,762,000) | (3,675,000) | ||
| Operating loss: | (4,911,000) | (4,762,000) | (3,675,000) | ||
| Nonoperating income (expense) | 2,000 | 28,000 | (41,000) | ||
| Other nonoperating expense | (1,000) | (1,000) | (1,000) | ||
| Interest and debt expense | (6,000) | (5,000) | |||
| Loss from continuing operations before equity method investments, income taxes: | (4,909,000) | (4,740,000) | (3,721,000) | ||
| Other undisclosed income from continuing operations before income taxes | 9,818,000 | 9,474,000 | 5,000 | ||
| Income (loss) from continuing operations: | 4,909,000 | 4,734,000 | (3,716,000) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (3,716,000) | |
| Net income (loss): | 4,909,000 | 4,734,000 | (3,716,000) | ||
| Other undisclosed net loss attributable to parent | (9,818,000) | (9,468,000) | |||
| Net loss available to common stockholders, diluted: | (4,909,000) | (4,734,000) | (3,716,000) | ||
Comprehensive Income (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | 4,909,000 | 4,734,000 | (3,716,000) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,909,000 | 4,734,000 | (3,716,000) | ||
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.