KORU Medical Systems, Inc. financial data

Symbol
KRMD on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
100 Corporate Drive, Mahwah, New Jersey
State of incorporation
New York
Fiscal year end
December 31
Former names
REPRO MED SYSTEMS INC (to 6/3/2022)
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 477 % -4.48%
Quick Ratio 94.2 % -17.5%
Debt-to-equity 34 % +8.73%
Return On Equity -55.9 % -107%
Return On Assets -41.7 % -102%
Operating Margin -31.3 % +15.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.7M shares +0.42%
Common Stock, Shares, Outstanding 45.7M shares +0.4%
Entity Public Float 111M USD +54.7%
Common Stock, Value, Issued 491K USD +0.37%
Weighted Average Number of Shares Outstanding, Basic 45.7M shares +0.49%
Weighted Average Number of Shares Outstanding, Diluted 45.7M shares +0.49%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 29.3M USD +0.96%
Research and Development Expense 5.65M USD +5.22%
Operating Income (Loss) -9.17M USD +14.3%
Nonoperating Income (Expense) 453K USD +148%
Income Tax Expense (Benefit) 3.97M USD
Net Income (Loss) Attributable to Parent -13.3M USD -55.4%
Earnings Per Share, Basic -0.29 USD/shares -61.1%
Earnings Per Share, Diluted -0.29 USD/shares -61.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.8M USD -11.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.39M USD +5.48%
Inventory, Net 3.15M USD -52.6%
Assets, Current 19.5M USD -22.7%
Deferred Income Tax Assets, Net 5.45M USD +54.7%
Property, Plant and Equipment, Net 3.76M USD -3.85%
Operating Lease, Right-of-Use Asset 3.43M USD -7.5%
Other Assets, Noncurrent 99K USD 0%
Assets 27.5M USD -28.1%
Accounts Payable, Current 1.77M USD +18%
Employee-related Liabilities, Current 519K USD +3.8%
Accrued Liabilities, Current 1.46M USD -8.31%
Liabilities, Current 4.85M USD +7.27%
Operating Lease, Liability, Noncurrent 3.24M USD -9.06%
Liabilities 8.38M USD -0.88%
Retained Earnings (Accumulated Deficit) -25.2M USD -111%
Stockholders' Equity Attributable to Parent 19.1M USD -35.8%
Liabilities and Equity 27.5M USD -28.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -347K USD +92.6%
Net Cash Provided by (Used in) Financing Activities -182K USD +23.8%
Net Cash Provided by (Used in) Investing Activities -133K USD +53.1%
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 49.1M shares +0.37%
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 -662K USD +87.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.3K USD -0.24%
Deferred Tax Assets, Valuation Allowance 6.4M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 3.61M USD -7.66%
Depreciation 215K USD +8.96%
Lessee, Operating Lease, Liability, to be Paid 2.83M USD +2007%
Property, Plant and Equipment, Gross 6.69M USD +9.1%
Operating Lease, Liability, Current 372K USD +6.53%
Lessee, Operating Lease, Liability, to be Paid, Year Two 512K USD +2.51%
Lessee, Operating Lease, Liability, to be Paid, Year One 384K USD +2.51%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Three 512K USD +2.51%
Deferred Federal Income Tax Expense (Benefit) 2.04M USD +1.06%
Lessee, Operating Lease, Liability, to be Paid, Year Four 512K USD +2.51%
Operating Lease, Payments 120K USD +5.76%
Current State and Local Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 889K USD +28.6%
Deferred Tax Assets, Net of Valuation Allowance 3.97M USD +104%