Iridex Corp financial data

Symbol
IRIX on Nasdaq
Industry
Electromedical & Electrotherapeutic Apparatus
Location
1212 Terra Bella Ave, Mountain View, CA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 193 % -28.8%
Quick Ratio 75.9 % -10.7%
Debt-to-equity 317 % +104%
Return On Equity -134 % -179%
Return On Assets -32.2 % -71.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.5M shares +1.73%
Common Stock, Shares, Outstanding 16.4M shares +1.5%
Entity Public Float 28.4M USD -11.7%
Common Stock, Value, Issued 172K USD +0.59%
Weighted Average Number of Shares Outstanding, Basic 16.3M shares +1.57%
Weighted Average Number of Shares Outstanding, Diluted 16.3M shares +1.57%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 49.7M USD -11.9%
Cost of Revenue 29.6M USD -7.4%
Research and Development Expense 6.27M USD -6.82%
Selling and Marketing Expense 14.9M USD -16.2%
General and Administrative Expense 9.6M USD +16.8%
Operating Income (Loss) -10.7M USD -28.3%
Nonoperating Income (Expense) -32K USD -105%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.7M USD -39%
Income Tax Expense (Benefit) 125K USD +150%
Net Income (Loss) Attributable to Parent -10.9M USD -39.7%
Earnings Per Share, Basic -0.66 USD/shares -37.5%
Earnings Per Share, Diluted -0.66 USD/shares -37.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.11M USD -58.1%
Accounts Receivable, after Allowance for Credit Loss, Current 6.27M USD -2.31%
Inventory, Net 11.1M USD -0.05%
Assets, Current 25M USD -19.2%
Property, Plant and Equipment, Net 209K USD -47.4%
Operating Lease, Right-of-Use Asset 2.17M USD +90.9%
Goodwill 965K USD 0%
Other Assets, Noncurrent 1.42M USD -14.6%
Assets 31.2M USD -15.4%
Accounts Payable, Current 7.77M USD +87.4%
Employee-related Liabilities, Current 2.14M USD -1.11%
Accrued Liabilities, Current 868K USD -37.8%
Contract with Customer, Liability, Current 2.29M USD -0.87%
Liabilities, Current 16.1M USD +32%
Contract with Customer, Liability, Noncurrent 9.26M USD -14.9%
Operating Lease, Liability, Noncurrent 1.29M USD +516%
Other Liabilities, Noncurrent 303K USD +1112%
Liabilities 27M USD +15%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2K USD
Retained Earnings (Accumulated Deficit) -85.2M USD -14.6%
Stockholders' Equity Attributable to Parent 4.25M USD -68.4%
Liabilities and Equity 31.2M USD -15.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.65M USD +42%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities -3K USD +93%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 16.4M shares +1.5%
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 -1.62M USD +43.8%
Deferred Tax Assets, Valuation Allowance 25.4M USD +9.88%
Deferred Tax Assets, Gross 25.4M USD +9.88%
Operating Lease, Liability 2.29M USD +81.8%
Payments to Acquire Property, Plant, and Equipment 3K USD -93%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -10.8M USD -36.2%
Lessee, Operating Lease, Liability, to be Paid 2.43M USD +87.9%
Operating Lease, Liability, Current 995K USD -5.15%
Lessee, Operating Lease, Liability, to be Paid, Year Two 762K USD +6250%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.11M USD +53.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 142K USD +306%
Lessee, Operating Lease, Liability, to be Paid, Year Three 762K USD +6250%
Deferred Tax Assets, Operating Loss Carryforwards 13.3M USD +17.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 1.4M USD +2.34%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD -100%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 84K USD +1.21%
Share-based Payment Arrangement, Expense 1.59M USD -9.97%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%