Sanara MedTech Inc. financial data

Symbol
SMTI on Nasdaq
Industry
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Location
1200 Summit Ave, Suite 414, Fort Worth, TX
State of incorporation
TX
Fiscal year end
December 31
Former names
WOUND MANAGEMENT TECHNOLOGIES, INC. (to 4/3/2019), MB SOFTWARE CORP (to 6/10/2008), INAV TRAVEL CORPORATION (to 5/3/1996)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 149 % -19.3%
Quick Ratio 34.2 % -4.07%
Debt-to-equity 69.2 % +63.6%
Return On Equity -15.2 % +25.4%
Return On Assets -8.94 % +33.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.75M shares +2.64%
Common Stock, Shares, Outstanding 8.75M shares +3.64%
Entity Public Float 151M USD +117%
Common Stock, Value, Issued 8.75K USD +3.64%
Weighted Average Number of Shares Outstanding, Basic 8.47M shares +2.95%
Weighted Average Number of Shares Outstanding, Diluted 8.47M shares +2.95%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 72.4M USD +21.4%
Cost of Revenue 7.44M USD -16.5%
Research and Development Expense 3.57M USD -22.2%
Operating Income (Loss) -5.55M USD +41.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.09M USD +66.1%
Income Tax Expense (Benefit) -1.7M USD
Net Income (Loss) Attributable to Parent -6.57M USD +23.5%
Earnings Per Share, Basic -0.78 USD/shares +25.7%
Earnings Per Share, Diluted -0.78 USD/shares -86.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.15M USD +1.49%
Accounts Receivable, after Allowance for Credit Loss, Current 6.81M USD +138%
Inventory, Net 3.56M USD -19.4%
Assets, Current 20.8M USD +14.5%
Property, Plant and Equipment, Net 1.12M USD -10%
Operating Lease, Right-of-Use Asset 1.79M USD -11.7%
Intangible Assets, Net (Excluding Goodwill) 43M USD +42.6%
Goodwill 3.6M USD 0%
Assets 73.4M USD -0.66%
Accounts Payable, Current 1.39M USD +218%
Liabilities, Current 11.6M USD +17%
Operating Lease, Liability, Noncurrent 1.51M USD -15%
Other Liabilities, Noncurrent 2.65M USD -53.1%
Liabilities 32M USD +84.7%
Retained Earnings (Accumulated Deficit) -33.4M USD -24.9%
Stockholders' Equity Attributable to Parent 41.7M USD +1.36%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 41.4M USD +1.07%
Liabilities and Equity 73.4M USD +25.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.59M USD +8.44%
Net Cash Provided by (Used in) Financing Activities -659K USD -788%
Net Cash Provided by (Used in) Investing Activities -65.8K USD -143%
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 8.75M shares +3.64%
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 -2.32M USD -38.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 206K USD +3327%
Deferred Tax Assets, Valuation Allowance 9.79M USD +396%
Deferred Tax Assets, Gross 17.2M USD +117%
Operating Lease, Liability 1.91M USD -7.15%
Depreciation 506K USD +17.8%
Payments to Acquire Property, Plant, and Equipment 65.8K USD +138%
Lessee, Operating Lease, Liability, to be Paid 2.35M USD -10.3%
Property, Plant and Equipment, Gross 2.58M USD +17.4%
Operating Lease, Liability, Current 394K USD +43.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 380K USD -15.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 532K USD +25.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 441K USD -21.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 298K USD -18.6%
Deferred Tax Assets, Operating Loss Carryforwards 12.5M USD +82.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 296K USD -0.76%
Operating Lease, Payments 134K USD +52.2%
Amortization of Intangible Assets 3.8M USD +36.5%
Interest Expense 644K USD