Avalon GloboCare Corp. financial data

Symbol
ALBT on Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
Location
4400 Route 9, Suite 3100, Freehold, NJ
State of incorporation
Delaware
Fiscal year end
December 31
Former names
GLOBAL TECHNOLOGIES CORP (to 10/11/2016)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 10.7 % -79.9%
Debt-to-equity 161 % +112%
Return On Equity -168 % -65.7%
Return On Assets -64.3 % -11.7%
Operating Margin -1.03K % -44.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16M shares +45.3%
Common Stock, Shares, Outstanding 11.5M shares +10.1%
Entity Public Float 7.4M USD -52.1%
Common Stock, Value, Issued 1.16K USD +10.1%
Weighted Average Number of Shares Outstanding, Basic 11.2M shares +9.48%
Weighted Average Number of Shares Outstanding, Diluted 11.2M shares +9.48%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.3M USD +6.44%
Research and Development Expense 0 USD -100%
Costs and Expenses -60.7K USD -15.9%
Operating Income (Loss) -13.3M USD -53.6%
Nonoperating Income (Expense) -1.26M USD +74.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.5M USD -7.71%
Net Income (Loss) Attributable to Parent -14.5M USD -7.71%
Earnings Per Share, Basic -1.34 USD/shares +2.9%
Earnings Per Share, Diluted -1.34 USD/shares +2.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 201K USD
Other Assets, Current 62K USD +65.1%
Assets, Current 713K USD -49.9%
Deferred Income Tax Assets, Net 149K USD +25.1%
Property, Plant and Equipment, Net 33.4K USD -71.6%
Operating Lease, Right-of-Use Asset 67.4K USD -64.1%
Intangible Assets, Net (Excluding Goodwill) 9.06M USD
Other Assets, Noncurrent 195K USD -7.76%
Assets 19.5M USD -35.4%
Accounts Payable, Current 102K USD
Liabilities, Current 8.59M USD +44.1%
Operating Lease, Liability, Noncurrent 4.86K USD
Liabilities 15.1M USD +21.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -232K USD -5.2%
Retained Earnings (Accumulated Deficit) -83.3M USD -21.2%
Stockholders' Equity Attributable to Parent 4.42M USD -75.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.42M USD -75.2%
Liabilities and Equity 19.5M USD -35.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -916K USD +50.1%
Net Cash Provided by (Used in) Financing Activities 937K USD +24.9%
Net Cash Provided by (Used in) Investing Activities -20.2K USD -1054%
Common Stock, Shares Authorized 490M shares 0%
Common Stock, Shares, Issued 11.6M shares +10.1%
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 20.1K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 201K USD -69.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 239K USD +80.9%
Deferred Tax Assets, Valuation Allowance 17.3M USD +13.8%
Deferred Tax Assets, Gross 22M USD +26.2%
Operating Lease, Liability 85.4K USD
Depreciation 44.5K USD -27.1%
Payments to Acquire Property, Plant, and Equipment 20.2K USD +1054%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.6M USD -7.69%
Lessee, Operating Lease, Liability, to be Paid 87.4K USD -57.3%
Property, Plant and Equipment, Gross 155K USD -62%
Operating Lease, Liability, Current 85.4K USD -29.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.9K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 87.4K USD -35.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.04K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.4K USD +93.6%
Deferred Tax Assets, Operating Loss Carryforwards 15.5M USD +13.6%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 68.4M USD
Amortization of Intangible Assets 167K USD -18.2%
Share-based Payment Arrangement, Expense 54.7K USD -50.5%
Interest Expense 808K USD +228%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%