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NURO Financial Statements and Analysis

NASDAQ : NURO

NeuroMetrix, Inc.

$4.38
0.0207+0.47%
At Close 4:00 PM
64.9
B-ESG ScoreESG Rating

NURO FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

NURO Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue587.314K769.148K1.094M1.318M1.203M
cost of revenue275.357K277.229K576.539K469.772K421.382K
gross profit311.957K491.919K517.017K847.974K781.782K
gross profit ratio0.5310.640.4730.6440.65
research and development expenses299.739K266.932K943.552K732.372K592.654K
general and administrative expenses1.313M1.619M1.766M1.112M1.206M
selling and marketing expenses441.171K435.014K1.062M860.635K943.795K
selling general and administrative expenses1.754M2.054M2.827M1.973M2.15M
other expenses0327.718K205.255K198.146K192.161K
operating expenses2.054M2.321M3.771M2.705M2.743M
cost and expenses2.329M2.598M4.348M3.175M3.164M
interest income8.412K13.005K19.162K9.406K25.378K
interest expense00000
depreciation and amortization59.864K91.897K24.908K24.755K10.513K
ebitda-1.682M-1.737M-3.005M-1.832M-1.961M
ebitda ratio-2.864-2.258-2.953-1.391-1.63
operating income-1.742M-1.829M-3.254M-1.857M-1.961M
operating income ratio-2.966-2.378-2.976-1.409-1.63
total other income expenses net233.822K340.723K224.417K207.553K192.161K
income before tax-1.508M-1.488M-3.03M-1.65M-1.769M
income before tax ratio-2.568-1.935-2.77-1.252-1.47
income tax expense03.002.005.00-10.513K
net income-1.508M-1.488M-3.03M-1.65M-1.769M
net income ratio-2.568-1.935-2.77-1.252-1.47
eps-0.75-0.74-1.67-1.08-1.66
eps diluted-0.75-0.74-1.67-1.08-1.66
weighted average shs out2.023M2.001M1.812M1.525M1.065M
weighted average shs out dil2.023M2.001M1.812M1.525M1.065M
Graph

NURO Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents921.52K1.607M1.26M1.732M1.461M
short term investments13.913M14.823M16.339M16.265M16.177M
cash and short term investments14.835M16.43M17.599M17.997M17.638M
net receivables149.092K280.566K469.65K518.823K614.381K
inventory1.43M1.45M1.471M1.559M1.667M
other current assets381.876K315.662K611.735K779.039K3.068M
total current assets16.796M18.477M20.152M20.854M20.706M
property plant equipment net366.93K426.794K485.795K543.599K554.729K
goodwill00000
intangible assets00000
goodwill and intangible assets00000
long term investments00000
tax assets00000
other non current assets26.40K26.399K26.40K26.40K26.40K
total non current assets393.33K453.193K512.195K569.999K581.129K
other assets01.00000
total assets17.189M18.93M20.664M21.424M21.287M
account payables347.641K314.00K144.553K215.509K225.474K
short term debt142.621K296.782K148.391K148.391K148.391K
tax payables130.308K132.708K143.185K141.672K128.986K
deferred revenue00000
other current liabilities589.301K846.26K1.411M876.739K886.501K
total current liabilities1.21M1.59M1.847M1.241M1.26M
long term debt028.21K60.946K92.485K122.87K
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities000-1.000
total non current liabilities028.21K60.945K92.484K122.87K
other liabilities001.001.000
capital lease obligations142.621K28.21K60.946K92.485K122.87K
total liabilities1.21M1.618M1.908M1.333M1.383M
preferred stock1.001.001.001.001.00
common stock203.00202.00199.00152.00859.00
retained earnings-216.135M-214.627M-213.139M-210.109M-208.46M
accumulated other comprehensive income loss83.853K112.171K247.177K240.171K206.869K
other total stockholders equity232.03M231.826M231.648M229.96M228.156M
total stockholders equity15.979M17.312M18.756M20.091M19.904M
total equity15.979M17.312M18.756M20.091M19.904M
total liabilities and stockholders equity17.189M18.93M20.664M21.424M21.287M
minority interest00000
total investments13.913M14.823M16.339M16.265M16.177M
total debt142.621K176.601K209.337K240.876K122.87K
net debt-778.899K-1.43M-1.051M-1.491M-1.338M
Graph

NURO Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000-36.868K0
stock based compensation203.87K176.148K216.164K180.131K221.268K
change in working capital-1.021M183.138K838.147K192.306K-353.976K
accounts receivables131.474K189.084K49.174K95.557K132.344K
inventory39.395K21.033K13.781K107.181K-82.624K
accounts payables33.641K169.447K-70.956K-9.965K44.012K
other working capital-649.722K-196.426K846.148K-467.00-447.708K
other non cash items473.329K-347.34K142.935K-161.278K-170.949K
net cash provided by operating activities-1.792M-1.364M-2.081M-1.451M-2.062M
investments in property plant and equipment3.00-3.000-45.366K-138.176K
acquisitions net0000-1.796M
purchases of investments-10.393M-11.291M-7.362M-6.857M-6.299M
sales maturities of investments11.50M13.00M7.50M7.00M8.095M
other investing activites-3.001.709M138.286K01.796M
net cash used for investing activites1.107M1.709M138.286K97.999K1.658M
debt repayment00000
common stock issued02.601K1.471M1.624M1.426K
common stock repurchased00000
dividends paid00000
other financing activites-1.474M2.601K1.471M01.426K
net cash used provided by financing activities02.601K1.471M1.624M1.426K
effect of forex changes on cash00000
net change in cash-685.454K347.044K-472.016K271.393K-402.396K
cash at end of period921.52K1.607M1.26M1.732M1.461M
cash at beginning of period1.607M1.26M1.732M1.461M1.863M
operating cashflow-1.792M-1.364M-2.081M-1.451M-2.062M
capital expenditure3.00-3.000-45.366K-138.176K
free cash flow-1.792M-1.364M-2.081M-1.496M-2.20M
Graph

Frequently Asked Questions

How did NeuroMetrix, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, NURO generated $587.31K in revenue last quarter, while its costs came in at $275.36K.

Last quarter, how much Gross Profit did NeuroMetrix, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. NeuroMetrix, Inc. reported a $311.96K Gross Profit for the quarter ended Sep 30, 2024.

Have NURO's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. NURO incurred $2.05M worth of Operating Expenses, while it generated -$1.74M worth of Operating Income.

How much Net Income has NURO posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from NeuroMetrix, Inc., the company generated -$1.51M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did NeuroMetrix, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to NeuroMetrix, Inc. as of the end of the last quarter was $921.52K.

What are NURO's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, NURO had Total Net Receivables of $149.09K.

In terms of Total Assets and Current Assets, where did NeuroMetrix, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of NURO were $16.80M, while the Total Assets stand at $17.19M.

As of the last quarter, how much Total Debt did NeuroMetrix, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of NURO's debt was $142.62K at the end of the last quarter.

What were NURO's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, NURO reported total liabilities of $1.21M.

How much did NURO's Working Capital change over the last quarter?

Working Capital Change for NURO was -$1.02M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

NURO generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. NURO generated -$1.79M of Cash from Operating Activities during its recently reported quarter.

What was NURO's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. NURO reported a -$685.45K Net Change in Cash in the most recent quarter.

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