Progressive Care Inc. financial data

Symbol
RXMD on OTC
Industry
Retail-Drug Stores and Proprietary Stores
Location
1111 Park Center Blvd., Suite 202, Miami Gardens, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
PROGRESSIVE TRAINING, INC. (to 11/17/2010)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 174 % +4.18%
Quick Ratio 23.7 % +82.1%
Debt-to-equity 56.5 % -84.2%
Return On Assets -3.38 % +96.2%
Operating Margin -5.55 % -212%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.39M shares +3.28%
Common Stock, Shares, Outstanding 6.24M shares +20.3%
Entity Public Float 12.6M USD +6.78%
Common Stock, Value, Issued 67K USD -0.2%
Weighted Average Number of Shares Outstanding, Basic 6.24M shares +41%
Weighted Average Number of Shares Outstanding, Diluted 6.24M shares +41%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 43.8M USD +5.91%
Revenue from Contract with Customer, Excluding Assessed Tax 13.5M USD +16.6%
Cost of Revenue 8.78M USD +9.82%
Operating Income (Loss) -9.3M USD -1590%
Nonoperating Income (Expense) 23K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.28M USD -100%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -9.28M USD -100%
Earnings Per Share, Basic -1.49 USD/shares -41.9%
Earnings Per Share, Diluted -1.49 USD/shares -41.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.54M USD +16.1%
Accounts Receivable, after Allowance for Credit Loss, Current 9.39M USD +89.7%
Inventory, Net 2.34M USD +43.7%
Assets, Current 21.4M USD +36.6%
Property, Plant and Equipment, Net 3.16M USD +16%
Operating Lease, Right-of-Use Asset 213K USD -42.2%
Intangible Assets, Net (Excluding Goodwill) 3.98M USD
Goodwill 0 USD -100%
Assets 28.8M USD +41.7%
Employee-related Liabilities, Current 181K USD -8.96%
Liabilities, Current 10.7M USD +24.8%
Operating Lease, Liability, Noncurrent 117K USD -45.6%
Liabilities 11.8M USD +19%
Retained Earnings (Accumulated Deficit) -44M USD -123%
Stockholders' Equity Attributable to Parent 17M USD +63.6%
Liabilities and Equity 28.8M USD +41.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.28M USD -375%
Net Cash Provided by (Used in) Financing Activities -51K USD +49.5%
Net Cash Provided by (Used in) Investing Activities -23K USD -35.3%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 6.24M shares +20.3%
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 -2.35M USD -432%
Interest Paid, Excluding Capitalized Interest, Operating Activities 16K USD -15.8%
Deferred Tax Assets, Valuation Allowance 1.68M USD -57.2%
Deferred Tax Assets, Gross 5.33M USD +34.3%
Operating Lease, Liability 384K USD -19.8%
Depreciation 79K USD +79.5%
Payments to Acquire Property, Plant, and Equipment 24K USD +41.2%
Lessee, Operating Lease, Liability, to be Paid 403K USD -21.7%
Property, Plant and Equipment, Gross 3.45M USD -5.11%
Operating Lease, Liability, Current 193K USD +4.68%
Lessee, Operating Lease, Liability, to be Paid, Year Two 167K USD +15.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 183K USD +0.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19K USD -47%
Lessee, Operating Lease, Liability, to be Paid, Year Three 53K USD -60.7%
Deferred Tax Assets, Operating Loss Carryforwards 3.58M USD +7.99%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 53.5K USD
Operating Lease, Payments 30.3K USD -39.3%
Additional Paid in Capital 61M USD +103%
Amortization of Intangible Assets 692K USD +5667%
Share-based Payment Arrangement, Expense 65K USD -67.5%
Interest Expense 16K USD -89.3%