NeuroMetrix Inc. (NURO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1000 WINTER STREET WALTHAM, MA 02451 |
| 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)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 18,000 | 21,200 | 22,572 | 5,226 | 3,126 | 6,780 | |||
| Cash and cash equivalents | 1,732 | 4,253 | 22,572 | 5,226 | 3,126 | 6,780 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 16,268 | 16,947 | |||||||
| Receivables | 519 | 647 | 311 | 334 | 299 | 1,083 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,559 | 1,615 | 707 | 1,051 | 1,164 | 2,862 | |||
| Inventory | 1,559 | 1,615 | 707 | 1,051 | 1,164 | 2,862 | |||
| Other undisclosed current assets | 776 | 645 | 598 | 478 | 842 | 906 | |||
| Total current assets: | 20,854 | 24,107 | 24,188 | 7,090 | 5,431 | 11,631 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 250 | 371 | 475 | 693 | 1,160 | ✕ | |||
| Property, plant and equipment | 293 | 166 | 199 | 183 | 273 | 407 | |||
| Other noncurrent assets | 26 | 26 | 26 | ||||||
| Other undisclosed noncurrent assets | 29 | 30 | 75 | ||||||
| Total noncurrent assets: | 570 | 563 | 700 | 905 | 1,463 | 482 | |||
| TOTAL ASSETS: | 21,424 | 24,670 | 24,888 | 7,995 | 6,894 | 12,113 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,092 | 958 | 1,098 | 1,141 | 2,169 | 2,957 | |||
| Accounts payable | 216 | 368 | 284 | 142 | 726 | 1,298 | |||
| Accrued liabilities | 877 | 590 | 814 | 998 | 1,444 | 1,659 | |||
| Debt | 589 | ||||||||
| Other undisclosed current liabilities | 148 | 148 | 268 | 1,145 | 689 | 3,058 | |||
| Total current liabilities: | 1,241 | 1,106 | 1,366 | 2,285 | 3,447 | 6,015 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 307 | 461 | 917 | ||||||
| Liabilities, other than long-term debt | 92 | 208 | |||||||
| Operating lease, liability | 92 | 208 | 307 | 461 | 917 | ✕ | |||
| Other undisclosed noncurrent liabilities | (307) | (461) | |||||||
| Total noncurrent liabilities: | 92 | 208 | 307 | 461 | 917 | ||||
| Total liabilities: | 1,333 | 1,314 | 1,672 | 2,747 | 4,363 | 6,015 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 20,091 | 23,356 | 23,216 | 5,248 | 2,530 | 6,098 | |||
| Common stock | 0 | 1 | 1 | 0 | 0 | 1 | |||
| Additional paid in capital | 229,960 | 226,935 | 222,378 | 202,129 | 197,320 | 197,114 | |||
| Accumulated other comprehensive income | 240 | ||||||||
| Accumulated deficit | (210,109) | (203,580) | (199,163) | (196,882) | (194,790) | (191,017) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total equity: | 20,091 | 23,356 | 23,216 | 5,248 | 2,530 | 6,098 | |||
| TOTAL LIABILITIES AND EQUITY: | 21,424 | 24,670 | 24,888 | 7,995 | 6,894 | 12,113 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,901 | 8,256 | 8,253 | 7,378 | 9,273 | 16,090 | ||
| Other operating income | 12,315 | |||||||
| Cost of revenue | (1,954) | (2,506) | (2,332) | (2,128) | (7,027) | (8,707) | ||
| Cost of goods and services sold | (63) | (357) | (99) | (2,596) | ||||
| Gross profit: | 3,947 | 5,750 | 5,922 | 5,250 | 2,246 | 7,383 | ||
| Operating expenses | (11,099) | (10,492) | (8,206) | (7,344) | (13,780) | (19,675) | ||
| Operating loss: | (7,152) | (4,742) | (2,285) | (2,095) | (11,535) | (12,292) | ||
| Nonoperating income | 622 | 325 | 3 | 3 | 7,762 | |||
| Investment income, nonoperating | 257 | |||||||
| Other nonoperating income | 365 | 325 | 3 | 3 | 7,762 | |||
| Loss from continuing operations: | (6,529) | (4,417) | (2,281) | (2,092) | (3,773) | (12,292) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (2,281) | (2,092) | (3,773) | (12,292) | |
| Other undisclosed net income | 12,315 | |||||||
| Net income (loss) available to common stockholders, diluted: | (6,529) | (4,417) | (2,281) | (2,092) | (3,773) | 24 | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,529) | (4,417) | (2,281) | (2,092) | (3,773) | 24 | ||
| Other comprehensive income | 240 | |||||||
| Comprehensive income (loss): | (6,289) | (4,417) | (2,281) | (2,092) | (3,773) | 24 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,289) | (4,417) | (2,281) | (2,092) | (3,773) | 24 | ||
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.