OptimizeRx Corp financial data

Symbol
OPRX on Nasdaq
Industry
Services-Business Services, NEC
Location
260 Charles Street, Suite 302, Waltham, Massachusetts
State of incorporation
Nevada
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 575 % -59.4%
Debt-to-equity 25.8 % +359%
Return On Equity -15 % -38.9%
Return On Assets -12 % -16.6%
Operating Margin -31.2 % -23.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.2M shares +6.34%
Common Stock, Shares, Outstanding 18.2M shares +0.12%
Entity Public Float 235M USD -51.7%
Common Stock, Value, Issued 20K USD +9.1%
Weighted Average Number of Shares Outstanding, Basic 18.2M shares +6.29%
Weighted Average Number of Shares Outstanding, Diluted 18.2M shares +6.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 78.2M USD +26.7%
Revenue from Contract with Customer, Excluding Assessed Tax 1.03M USD -77.3%
Cost of Revenue 30.5M USD +30.4%
General and Administrative Expense 16.2M USD +15.2%
Operating Income (Loss) -24.4M USD -56.3%
Nonoperating Income (Expense) -1.53M USD -329%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.56M USD -2.45%
Income Tax Expense (Benefit) 344K USD
Net Income (Loss) Attributable to Parent -18.1M USD -28.4%
Earnings Per Share, Basic -1.04 USD/shares -30%
Earnings Per Share, Diluted -1.04 USD/shares -30%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 13.9M USD -23.9%
Accounts Receivable, after Allowance for Credit Loss, Current 29.7M USD +63.8%
Assets, Current 48.4M USD -49.6%
Other Long-term Investments 501K USD
Property, Plant and Equipment, Net 153K USD +6.31%
Operating Lease, Right-of-Use Asset 527K USD +147%
Goodwill 78.4M USD +246%
Assets 176M USD +33.9%
Employee-related Liabilities, Current 750K USD
Accrued Liabilities, Current 7.28M USD +243%
Liabilities, Current 16.8M USD +120%
Long-term Debt and Lease Obligation 3.5K USD
Deferred Income Tax Liabilities, Net 4.34M USD
Operating Lease, Liability, Noncurrent 314K USD +155%
Liabilities 53.8M USD +596%
Retained Earnings (Accumulated Deficit) -71.2M USD -34%
Stockholders' Equity Attributable to Parent 123M USD -1.15%
Liabilities and Equity 176M USD +33.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.12M USD
Net Cash Provided by (Used in) Financing Activities -640K USD -389%
Net Cash Provided by (Used in) Investing Activities -153K USD +90.1%
Common Stock, Shares Authorized 167M shares 0%
Common Stock, Shares, Issued 19.9M shares +8.68%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.36M USD +93.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 15.2M USD -7.69%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.35M USD
Deferred Tax Assets, Valuation Allowance 3.36M USD -58.9%
Deferred Tax Assets, Gross 11.7M USD +11.7%
Operating Lease, Liability 149K USD
Depreciation 99.8K USD +16.5%
Payments to Acquire Property, Plant, and Equipment 87.1K USD +7.49%
Lessee, Operating Lease, Liability, to be Paid 663K USD +167%
Property, Plant and Equipment, Gross 300K USD +11.6%
Operating Lease, Liability, Current 233K USD +161%
Lessee, Operating Lease, Liability, to be Paid, Year Two 178K USD +81.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 187 USD -99.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +44.4%
Deferred Income Tax Expense (Benefit) 1.21M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 69.9K USD +390%
Lessee, Operating Lease, Liability, to be Paid, Year Three 114K USD +41.9%
Deferred Tax Assets, Operating Loss Carryforwards 16.7M USD +201%
Deferred Federal Income Tax Expense (Benefit) 6.49M USD
Current Income Tax Expense (Benefit) -97.5K USD
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 65.9K USD -6.21%
Operating Lease, Payments 65K USD +160%
Additional Paid in Capital 194M USD +9.4%
Current Federal Tax Expense (Benefit) 5.28M USD +120%
Depreciation, Depletion and Amortization 1.07M USD +130%
Deferred Tax Assets, Net of Valuation Allowance 8.16M USD +55.1%
Share-based Payment Arrangement, Expense 16.4M USD +132%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%