KORU Medical Systems, Inc. financial data

Symbol
KRMD on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
100 Corporate Drive, Mahwah, NJ
State of incorporation
NY
Fiscal year end
December 31
Former names
REPRO MED SYSTEMS INC (to 6/3/2022)
Latest financial report
10-Q - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 376 % -25.1%
Quick Ratio 63.3 % -45.6%
Debt-to-equity 45.8 % +51.3%
Return On Equity -63.1 % -123%
Return On Assets -43.3 % -99.2%
Operating Margin -22.1 % +40.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.8M shares +0.37%
Common Stock, Shares, Outstanding 45.8M shares +0.43%
Entity Public Float 111M USD +54.7%
Common Stock, Value, Issued 493K USD +0.44%
Weighted Average Number of Shares Outstanding, Basic 45.9M shares +0.46%
Weighted Average Number of Shares Outstanding, Diluted 45.9M shares +0.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 32M USD +11.6%
Research and Development Expense 5.43M USD -10.9%
Operating Income (Loss) -7.05M USD +33.3%
Nonoperating Income (Expense) 528K USD +25.7%
Income Tax Expense (Benefit) 3.97M USD
Net Income (Loss) Attributable to Parent -12M USD -45.1%
Earnings Per Share, Basic -0.26 USD/shares -62.5%
Earnings Per Share, Diluted -0.26 USD/shares -62.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.81M USD -18.2%
Accounts Receivable, after Allowance for Credit Loss, Current 5.16M USD +27.5%
Inventory, Net 3.93M USD -16%
Assets, Current 18.9M USD -12.7%
Deferred Income Tax Assets, Net 5.45M USD +54.7%
Property, Plant and Equipment, Net 4.55M USD +19.2%
Operating Lease, Right-of-Use Asset 3.06M USD -13.6%
Other Assets, Noncurrent 99K USD +0%
Assets 27.4M USD -22.5%
Accounts Payable, Current 1.67M USD +76.6%
Employee-related Liabilities, Current 767K USD +95.4%
Accrued Liabilities, Current 2.79M USD +91.5%
Liabilities, Current 6.32M USD +49.8%
Operating Lease, Liability, Noncurrent 3.1M USD -8.35%
Liabilities 9.66M USD +21.9%
Retained Earnings (Accumulated Deficit) -27.8M USD -75.5%
Stockholders' Equity Attributable to Parent 17.7M USD -35.4%
Liabilities and Equity 27.4M USD -22.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -347K USD +92.6%
Net Cash Provided by (Used in) Financing Activities -182K USD +23.8%
Net Cash Provided by (Used in) Investing Activities -133K USD +53.1%
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 49.3M shares +0.44%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -662K USD +87.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.3K USD -0.24%
Deferred Tax Assets, Valuation Allowance 6.9M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 3.5M USD -6.5%
Depreciation 228K USD +14%
Lessee, Operating Lease, Liability, to be Paid 2.83M USD +2007%
Property, Plant and Equipment, Gross 7.89M USD +24.7%
Operating Lease, Liability, Current 396K USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 534K USD +6.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 133K USD +6.9%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Three 534K USD +6.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 534K USD +6.9%
Operating Lease, Payments 120K USD +5.76%
Depreciation, Depletion and Amortization 905K USD +9.12%
Deferred Tax Assets, Net of Valuation Allowance 3.97M USD +104%