Microbot Medical Inc. (MBOT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
25 RECREATION PARK DR SUITE 108 HINGHAM, MA 02043 |
| 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) (USD)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,202,000 | 15,492,000 | 24,648,000 | 31,292,000 | 5,238,000 | 10,787,000 | |||
| Cash and cash equivalents | 2,442,000 | 13,493,000 | 19,650,000 | 28,771,000 | 5,238,000 | 10,787,000 | |||
| Short-term investments | 5,760,000 | 1,999,000 | 4,998,000 | 2,521,000 | |||||
| Restricted cash and investments | 77,000 | 87,000 | 84,000 | 4,358,000 | 25,000 | 27,000 | |||
| Prepaid expense | 429,000 | ||||||||
| Deposits current assets | 3,000 | ||||||||
| Other current assets | 300,000 | 521,000 | 286,000 | 568,000 | 116,000 | ||||
| Other undisclosed current assets | 103,000 | ||||||||
| Total current assets: | 8,814,000 | 15,879,000 | 25,253,000 | 35,936,000 | 5,831,000 | 10,930,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 502,000 | 644,000 | 775,000 | 962,000 | ✕ | ✕ | |||
| Property, plant and equipment | 221,000 | 244,000 | 251,000 | 228,000 | 259,000 | 90,000 | |||
| Total noncurrent assets: | 723,000 | 888,000 | 1,026,000 | 1,190,000 | 259,000 | 90,000 | |||
| TOTAL ASSETS: | 9,537,000 | 16,767,000 | 26,279,000 | 37,126,000 | 6,090,000 | 11,020,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,786,000 | 1,706,000 | 1,158,000 | 1,079,000 | 1,385,000 | 528,000 | |||
| Accounts payable | 116,000 | 279,000 | 275,000 | 284,000 | 630,000 | 78,000 | |||
| Accrued liabilities | 1,670,000 | 1,427,000 | 883,000 | 795,000 | 755,000 | 450,000 | |||
| Debt | 143,000 | ||||||||
| Other undisclosed current liabilities | 283,000 | 278,000 | 187,000 | 3,604,000 | 3,375,000 | ||||
| Total current liabilities: | 2,069,000 | 1,984,000 | 1,345,000 | 4,826,000 | 4,760,000 | 528,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 402,000 | 626,000 | 760,000 | ||||||
| Liabilities, other than long-term debt | 179,000 | 8,000 | 28,000 | ||||||
| Operating lease, liability | 179,000 | 402,000 | 626,000 | 760,000 | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 8,000 | 28,000 | |||||||
| Other undisclosed noncurrent liabilities | (402,000) | (626,000) | |||||||
| Total noncurrent liabilities: | 179,000 | 402,000 | 626,000 | 760,000 | 8,000 | 28,000 | |||
| Total liabilities: | 2,248,000 | 2,386,000 | 1,971,000 | 5,586,000 | 4,768,000 | 556,000 | |||
| Temporary equity, carrying amount | 500,000 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 7,289,000 | 14,381,000 | 24,308,000 | 31,540,000 | 1,322,000 | 9,964,000 | |||
| Common stock | 80,000 | 72,000 | 72,000 | 72,000 | 31,000 | 406,000 | |||
| Treasury stock, value | (3,375,000) | (3,375,000) | (500,000) | ||||||
| Additional paid in capital | 75,970,000 | 69,902,000 | 68,516,000 | 69,954,000 | 32,530,000 | 30,182,000 | |||
| Accumulated deficit | (68,761,000) | (55,593,000) | (44,280,000) | (35,111,000) | (27,864,000) | (20,624,000) | |||
| Other undisclosed equity, attributable to parent | 500,000 | ||||||||
| Total equity: | 7,289,000 | 14,381,000 | 24,308,000 | 31,540,000 | 1,322,000 | 9,964,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,537,000 | 16,767,000 | 26,279,000 | 37,126,000 | 6,090,000 | 11,020,000 | |||
Income Statement (P&L) (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (13,281,000) | (11,357,000) | (9,089,000) | (7,240,000) | (7,244,000) | 5,267,000 | ||
| Other undisclosed operating income (loss) | 14,488,000 | (10,534,000) | ||||||
| Operating income (loss): | (13,281,000) | (11,357,000) | (9,089,000) | (7,240,000) | 7,244,000 | (5,267,000) | ||
| Nonoperating expense | (5,000) | (14,000) | ||||||
| Loss, foreign currency transaction, before tax | (14,000) | |||||||
| Other nonoperating expense | (5,000) | |||||||
| Interest and debt expense | 2,322,000 | |||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations: | (13,286,000) | (11,357,000) | (9,089,000) | (7,240,000) | 7,230,000 | (2,945,000) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (11,357,000) | (9,089,000) | (7,240,000) | 7,230,000 | (2,945,000) | |
| Other undisclosed net income | 14,487,000 | 10,000 | 10,534,000 | |||||
| Net income (loss): | (13,286,000) | (11,357,000) | (9,089,000) | 7,247,000 | 7,240,000 | 7,589,000 | ||
| Other undisclosed net income (loss) attributable to parent | 118,000 | 44,000 | (80,000) | (14,494,000) | (14,480,000) | (15,178,000) | ||
| Net loss attributable to parent: | (13,168,000) | (11,313,000) | (9,169,000) | (7,247,000) | (7,240,000) | (7,589,000) | ||
| Preferred stock dividends and other adjustments | (254,000) | (1,582,000) | ||||||
| Other undisclosed net income available to common stockholders, basic | 14,494,000 | 14,480,000 | 15,178,000 | |||||
| Net income (loss) available to common stockholders, basic: | (13,168,000) | (11,313,000) | (9,169,000) | 7,247,000 | 6,986,000 | 6,007,000 | ||
| Interest on convertible debt | (237,000) | |||||||
| Net income (loss) available to common stockholders, diluted: | (13,168,000) | (11,313,000) | (9,169,000) | 7,247,000 | 6,986,000 | 5,770,000 | ||
Comprehensive Income (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (13,286,000) | (11,357,000) | (9,089,000) | 7,247,000 | 7,240,000 | 7,589,000 | ||
| Comprehensive income (loss): | (13,286,000) | (11,357,000) | (9,089,000) | 7,247,000 | 7,240,000 | 7,589,000 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (80,000) | (14,494,000) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (13,286,000) | (11,357,000) | (9,169,000) | (7,247,000) | 7,240,000 | 7,589,000 | ||
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.