Sanara MedTech Inc. financial data

Symbol
SMTI on Nasdaq
Industry
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Location
1200 Summit Ave, Suite 414, Fort Worth, Texas
State of incorporation
Texas
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
Q1 2024 - May 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 149 % -26.6%
Quick Ratio 37.1 % +12.5%
Debt-to-equity 61 % +53.4%
Return On Equity -11.3 % +20.8%
Return On Assets -7.02 % +32.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.62M shares +2.94%
Common Stock, Shares, Outstanding 8.62M shares +2.84%
Entity Public Float 151M USD +117%
Common Stock, Value, Issued 8.62K USD +2.84%
Weighted Average Number of Shares Outstanding, Basic 8.42M shares +3.01%
Weighted Average Number of Shares Outstanding, Diluted 8.42M shares +3.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 68M USD +27%
Cost of Revenue 7.62M USD -0.84%
Research and Development Expense 3.76M USD -16%
Operating Income (Loss) -4.53M USD +58.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.44M USD +68.1%
Income Tax Expense (Benefit) -5.84M USD
Net Income (Loss) Attributable to Parent -4.89M USD +18.3%
Earnings Per Share, Basic -0.59 USD/shares +19.2%
Earnings Per Share, Diluted -0.59 USD/shares -50%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.83M USD -61.2%
Accounts Receivable, after Allowance for Credit Loss, Current 6.81M USD +138%
Inventory, Net 4.23M USD +23.2%
Assets, Current 17.2M USD -9.58%
Property, Plant and Equipment, Net 1.19M USD -10.9%
Operating Lease, Right-of-Use Asset 1.89M USD -9.74%
Intangible Assets, Net (Excluding Goodwill) 44M USD +42.5%
Goodwill 3.6M USD 0%
Assets 70.9M USD +18.3%
Accounts Payable, Current 1.39M USD +218%
Liabilities, Current 12.7M USD +20.2%
Operating Lease, Liability, Noncurrent 1.63M USD -12.5%
Other Liabilities, Noncurrent 2.78M USD -53.9%
Liabilities 27.9M USD +50.9%
Retained Earnings (Accumulated Deficit) -29.9M USD -20%
Stockholders' Equity Attributable to Parent 43.3M USD +4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 43M USD +3.7%
Liabilities and Equity 70.9M USD +18.3%

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 8.62M shares +2.84%
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 +3426417%
Deferred Tax Assets, Valuation Allowance 9.79M USD +396%
Deferred Tax Assets, Gross 17.2M USD +117%
Operating Lease, Liability 2M USD -5.17%
Depreciation 481K USD +13.9%
Payments to Acquire Property, Plant, and Equipment 65.8K USD +138%
Lessee, Operating Lease, Liability, to be Paid 2.78M USD +2.79%
Property, Plant and Equipment, Gross 2.52M USD +15.4%
Operating Lease, Liability, Current 377K USD +48.9%
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%
Deferred Income Tax Expense (Benefit) -5.84M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 778K USD +31.2%
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 3.52M USD +39.4%
Interest Expense 267K USD +4455500%