Brain Scientific Inc. financial data

Industry
Surgical & Medical Instruments & Apparatus
Location
6700 Professional Parkway, Lakewood Ranch, FL
State of incorporation
NV
Fiscal year end
December 31
Former names
All Soft Gels Inc (to 9/24/2018)
Latest financial report
10-K - Q4 2022 - Mar 31, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 33.1 % +403%
Quick Ratio 2.24 % +278%
Debt-to-equity 200 %
Return On Equity -450 % -693%
Return On Assets -91.3 % +65.1%
Operating Margin -4.48K % -37.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.24M shares -97.5%
Common Stock, Shares, Outstanding 1.24M shares +109%
Entity Public Float 7.9M USD +1.54%
Common Stock, Value, Issued 1.24K USD +109%
Weighted Average Number of Shares Outstanding, Basic 953K shares +162%
Weighted Average Number of Shares Outstanding, Diluted 105M shares +257%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 215K USD -19.3%
Research and Development Expense 302K USD -8.36%
Selling and Marketing Expense 697K USD -33.1%
General and Administrative Expense 4.47M USD +34.3%
Operating Income (Loss) -9.61M USD -11%
Nonoperating Income (Expense) -2.74M USD -516%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.3M USD -35.6%
Net Income (Loss) Attributable to Parent -12.3M USD -35.6%
Earnings Per Share, Basic -13 USD/shares
Earnings Per Share, Diluted -0.04 USD/shares +33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 748K USD -4.79%
Accounts Receivable, after Allowance for Credit Loss, Current 947 USD -94.4%
Inventory, Net 150K USD +2.37%
Assets, Current 1.31M USD +15.6%
Other Long-term Investments 75K USD -21.1%
Property, Plant and Equipment, Net 121K USD -1.68%
Operating Lease, Right-of-Use Asset 88.5K USD -53.8%
Intangible Assets, Net (Excluding Goodwill) 10.2M USD -7.05%
Goodwill 913K USD
Assets 11.7M USD -12.2%
Accrued Liabilities, Current 2.51M USD -15.9%
Liabilities, Current 7.42M USD +70.8%
Operating Lease, Liability, Noncurrent 7.38K USD -91.9%
Liabilities 7.43M USD -47.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.01K USD -0.38%
Retained Earnings (Accumulated Deficit) -34.6M USD -55.4%
Stockholders' Equity Attributable to Parent 4.32M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.19M USD
Liabilities and Equity 11.7M USD -12.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.49M USD -122%
Net Cash Provided by (Used in) Financing Activities 1.06M USD -19.6%
Net Cash Provided by (Used in) Investing Activities -6.51K USD +67.7%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 1.24M shares +109%
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 -439K USD -170%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 748K USD -4.79%
Interest Paid, Excluding Capitalized Interest, Operating Activities 69.2K USD +2977%
Deferred Tax Assets, Valuation Allowance 9.9M USD +84.8%
Operating Lease, Liability 91.1K USD -53.5%
Depreciation 201K USD +3663%
Payments to Acquire Property, Plant, and Equipment 6.51K USD -67.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.3M USD -35.6%
Operating Lease, Liability, Current 83.7K USD -20%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.92K USD +144%
Deferred Tax Assets, Operating Loss Carryforwards 7.33M USD +75.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 38.9M USD +80.4%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 21.5K USD
Amortization of Intangible Assets 577K USD
Operating Leases, Future Minimum Payments, Due in Three Years 88.3K USD 0%
Operating Leases, Future Minimum Payments Due 95.7K USD -55.3%
Interest Expense 845K USD +80.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%