SDEV
Stablecoin Development Corp
Company overview
- Market capitalization
- $79.47M
- Employees
- 2
- Latest publication
- 2026-09-29
About Stablecoin Development Corp
Stablecoin Development Corporation engages in the accumulation and holding of digital assets for participation in blockchain-based networks. The company focuses on the accumulation, holding, and deployment of SKY, a protocol token of the decentralized Sky Protocol. Its services intend to support protocol-level services, including staking, governance participation, validation, and related activities. The company was formerly known as NovaBay Pharmaceuticals, Inc. and changed its name to Stablecoin Development Corporation in April 2026. Stablecoin Development Corporation was incorporated in 2000 and is headquartered in Emeryville, California.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,206,000USD | 2,463,000USD | -521,000USD | 521,000USD | 0USD | 0USD | 2,309,000USD | — |
| General And Administrative Expenses | 5,417,000USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 5,417,000USD | 2,848,000USD | 1,735,000USD | 1,211,000USD | 1,853,000USD | 2,646,000USD | 1,705,000USD | 1,616,000USD |
| Operating Income | -53,844,000USD | -385,000USD | -1,824,000USD | -1,169,000USD | -1,891,000USD | -2,701,000USD | -1,768,000USD | -1,703,000USD |
| Total Other Income Expense Net | 9,292,000USD | 556,242,000USD | -24,771,000USD | -164,000USD | -73,000USD | -629,000USD | -130,000USD | -151,000USD |
| Income Before Tax | -44,552,000USD | 555,857,000USD | -26,595,000USD | -1,333,000USD | -1,964,000USD | -3,330,000USD | -1,898,000USD | -1,854,000USD |
| Income Tax Expense | -3,482,000USD | 3,454,000USD | — | — | — | — | — | — |
| Discontinued Operations | 0USD | — | — | — | — | — | — | — |
| Net Income | -41,070,000USD | 552,403,000USD | -26,596,000USD | -1,293,000USD | -1,922,000USD | -3,530,000USD | -1,212,000USD | -1,212,000USD |
| Selling General Administrative | — | 2,848,000USD | 1,782,000USD | 1,211,000USD | 1,891,000USD | 2,701,000USD | 2,781,000USD | — |
| Interest Expense | — | 3,000USD | 145,000USD | 77,000USD | 55,000USD | 0USD | 33,000USD | 158,000USD |
| Tax Provision | — | 3,454,000USD | — | — | — | 0USD | — | — |
| Net Income From Continuing Ops | — | 552,403,000USD | -26,595,000USD | -1,333,000USD | -1,964,000USD | -3,330,000USD | -1,323,000USD | — |
| Ebitda | — | -385,000USD | -1,811,000USD | -1,135,000USD | -1,853,000USD | -2,646,000USD | -1,705,000USD | -1,616,000USD |
| Reconciled Depreciation | — | 0USD | 135,000USD | -88,000USD | 38,000USD | 55,000USD | 95,000USD | — |
| Cost Of Revenue | — | — | -432,000USD | 479,000USD | 38,000USD | 55,000USD | 63,000USD | 87,000USD |
| Gross Profit | — | — | -89,000USD | 42,000USD | -38,000USD | -55,000USD | -63,000USD | -87,000USD |
| Net Interest Income | — | — | -277,000USD | 0USD | 0USD | 0USD | -33,000USD | — |
| Ebit | — | — | -1,824,000USD | -1,169,000USD | -1,891,000USD | -2,701,000USD | -1,768,000USD | -1,703,000USD |
| Depreciation And Amortization | — | — | 13,000USD | 34,000USD | 38,000USD | 55,000USD | 63,000USD | 87,000USD |
| Research Development | — | — | — | — | — | — | 10,000USD | 4,000USD |
| Unclassified Operating Expenses | — | — | — | — | — | — | -1,086,000USD | 1,612,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 10,455,000USD | 14,404,000USD | 10,204,000USD | 9,934,000USD | 6,599,000USD | 12,508,000USD |
| Cost Of Revenue | 140,000USD | 341,000USD | 4,371,000USD | 6,623,000USD | 3,689,000USD | 3,970,000USD | 1,738,000USD | 1,503,000USD |
| Gross Profit | -140,000USD | -341,000USD | 6,084,000USD | 7,781,000USD | 6,515,000USD | 5,964,000USD | 4,861,000USD | 11,005,000USD |
| Selling General Administrative | 7,585,000USD | 7,379,000USD | 10,152,000USD | 15,287,000USD | — | — | — | — |
| Total Operating Expenses | 7,445,000USD | 7,038,000USD | 10,186,000USD | 15,461,000USD | 15,377,000USD | 12,389,000USD | 14,101,000USD | 18,876,000USD |
| Operating Income | -7,585,000USD | -7,379,000USD | -4,102,000USD | -7,680,000USD | -8,862,000USD | -6,425,000USD | -9,240,000USD | -7,871,000USD |
| Interest Expense | 277,000USD | 904,000USD | 1,694,000USD | — | — | 275,000USD | 1,053,000USD | — |
| Net Interest Income | -277,000USD | -904,000USD | -1,694,000USD | — | — | — | — | — |
| Income Before Tax | -641,861,000USD | -8,750,000USD | -6,145,000USD | -10,608,000USD | -5,824,000USD | -11,034,000USD | -9,652,000USD | -6,541,000USD |
| Net Income | -641,980,000USD | -7,223,000USD | -6,145,000USD | -10,608,000USD | -5,824,000USD | -11,039,000USD | -9,658,000USD | -6,545,000USD |
| Net Income From Continuing Ops | -33,222,000USD | -8,750,000USD | -6,145,000USD | -10,608,000USD | — | — | — | — |
| Ebit | -7,585,000USD | -7,379,000USD | -4,102,000USD | -7,680,000USD | -8,862,000USD | -6,425,000USD | -9,240,000USD | -7,871,000USD |
| Ebitda | -7,445,000USD | -7,038,000USD | -3,746,000USD | -7,197,000USD | -8,743,000USD | -6,374,000USD | -9,175,000USD | -7,605,000USD |
| Depreciation And Amortization | 140,000USD | 341,000USD | 356,000USD | 483,000USD | 119,000USD | 51,000USD | 65,000USD | 266,000USD |
| Reconciled Depreciation | 140,000USD | 341,000USD | 356,000USD | 483,000USD | — | — | — | — |
| Total Other Income Expense Net | -634,276,000USD | -1,371,000USD | -2,043,000USD | -2,928,000USD | 3,038,000USD | -4,609,000USD | -412,000USD | 1,330,000USD |
| Research Development | — | 42,000USD | 34,000USD | 174,000USD | 44,000USD | 285,000USD | 184,000USD | 259,000USD |
| Unclassified Operating Expenses | — | — | — | — | 15,333,000USD | 12,104,000USD | 13,917,000USD | 18,617,000USD |
| Income Tax Expense | — | — | — | — | — | 5,000USD | 6,000USD | 4,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 127,514,000USD | 179,743,000USD | 10,646,000USD | 3,487,000USD | 6,911,000USD | 9,872,000USD | 45,906,000USD | 3,877,000USD |
| Cash And Equivalents | 6,968,000USD | — | — | — | — | — | — | — |
| Total Current Assets | 8,095,000USD | 18,907,000USD | 8,434,000USD | 2,862,000USD | 6,115,000USD | 9,038,000USD | 1,935,000USD | 2,279,000USD |
| Other Current Assets | 1,127,000USD | 502,000USD | 476,000USD | 179,000USD | 167,000USD | 214,000USD | 1,505,000USD | 326,000USD |
| Other Non Current Assets | 177,000USD | — | — | — | — | — | — | — |
| Total Liabilities | 270,000USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 270,000USD | 3,576,000USD | 1,142,000USD | 1,448,000USD | 2,144,000USD | 3,067,000USD | 2,843,000USD | 1,984,000USD |
| Other Current Liabilities | 270,000USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 127,244,000USD | 138,825,000USD | -22,826,000USD | 1,634,000USD | 4,245,000USD | 6,167,000USD | -129,000USD | 1,072,000USD |
| Total Equity Including Noncontrolling Interest | 127,244,000USD | — | — | — | — | — | — | — |
| Accounts Payable | 0USD | 1,978,000USD | 257,000USD | 76,000USD | 604,000USD | 800,000USD | 109,000USD | 396,000USD |
| Short Term Debt | 0USD | 471,000USD | 489,000USD | 565,000USD | 520,000USD | 487,000USD | 963,000USD | 441,000USD |
| Common Stock | 506,000USD | 267,000USD | 252,000USD | 60,000USD | 58,000USD | 58,000USD | 10,000USD | 49,000USD |
| Retained Earnings | -307,721,000USD | -266,651,000USD | -210,415,000USD | -183,817,000USD | -177,709,000USD | -175,787,000USD | -183,457,000USD | -182,245,000USD |
| Intangible Assets | — | 160,086,000USD | — | — | — | — | — | — |
| Total Liab | — | 40,918,000USD | 33,472,000USD | 1,853,000USD | 2,666,000USD | 3,705,000USD | 46,035,000USD | 2,805,000USD |
| Other Current Liab | — | 1,127,000USD | 396,000USD | 807,000USD | 1,020,000USD | 1,780,000USD | 1,283,000USD | 1,147,000USD |
| Capital Stock | — | 267,000USD | 258,000USD | 3,852,000USD | 64,000USD | 64,000USD | 16,000USD | — |
| Cash | — | 18,405,000USD | 7,958,000USD | 2,309,000USD | 5,478,000USD | 8,601,000USD | 430,000USD | 776,000USD |
| Cash And Short Term Investments | — | 18,405,000USD | 7,958,000USD | 2,309,000USD | 5,478,000USD | 8,601,000USD | 430,000USD | 776,000USD |
| Net Debt | — | -17,768,000USD | -7,182,000USD | -1,339,000USD | -4,436,000USD | -7,476,000USD | 1,242,000USD | 486,000USD |
| Short Long Term Debt Total | — | 637,000USD | 776,000USD | 970,000USD | 1,042,000USD | 1,125,000USD | 1,672,000USD | 1,262,000USD |
| Common Stock Shares Outstanding | — | 165,709,000shares | 5,820,000shares | 1,175,200shares | 1,163,600shares | 1,061,600shares | 977,000shares | 231,000shares |
| Non Current Assets Total | — | 160,835,999USD | 2,212,000USD | 625,000USD | 795,999USD | 833,999USD | 43,971,000USD | 1,597,999USD |
| Non Current Liabilities Total | — | 37,342,000USD | 32,330,000USD | 405,000USD | 521,999USD | 637,999USD | 43,191,999USD | 821,000USD |
| Non Currrent Assets Other | — | 314,999USD | 334,000USD | 37,000USD | 1,999USD | 1,999USD | 56,000USD | 17,999USD |
| Net Working Capital | — | 15,477,000USD | 7,533,000USD | 1,450,000USD | 3,971,000USD | 5,971,000USD | -908,000USD | — |
| Unclassified Non Current Liabilities | — | 37,342,000USD | 32,330,000USD | — | — | — | 43,191,999USD | — |
| Unclassified Equity | — | 404,942,000USD | 187,079,000USD | 181,539,000USD | 181,832,000USD | 181,832,000USD | 183,302,000USD | 183,268,000USD |
| Short Long Term Debt | — | — | 67,000USD | 149,000USD | 111,000USD | 84,000USD | 565,000USD | — |
| Property Plant Equipment Net | — | — | 0USD | 195,000USD | 317,000USD | 355,000USD | 955,000USD | 1,103,000USD |
| Property Plant Equipment Gross | — | — | 0USD | 593,000USD | 887,000USD | 924,000USD | 955,000USD | — |
| Unclassified Non Current Assets | — | — | 1,878,000USD | — | — | — | 42,960,000USD | — |
| Net Receivables | — | — | — | 374,000USD | 3,000USD | 223,000USD | 389,000USD | 704,000USD |
| Inventory | — | — | — | — | 467,000USD | — | 765,000USD | 473,000USD |
| Current Deferred Revenue | — | — | — | — | — | — | 488,000USD | — |
| Unclassified Current Assets | — | — | — | — | — | — | -1,154,000USD | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 10,646,000USD | 45,906,000USD | 50,419,000USD | 16,399,000USD | 23,978,000USD | 48,243,000USD | 11,220,000USD | 9,361,000USD |
| Other Current Assets | 476,000USD | 1,505,000USD | 3,049,000USD | 560,000USD | 778,000USD | 576,000USD | 886,000USD | 1,652,000USD |
| Total Liab | 33,472,000USD | 46,035,000USD | 47,105,000USD | 5,845,000USD | 13,807,000USD | 35,925,000USD | 10,247,000USD | 4,407,000USD |
| Total Stockholder Equity | -22,826,000USD | -129,000USD | 3,314,000USD | 10,554,000USD | 10,171,000USD | 12,318,000USD | 973,000USD | 4,954,000USD |
| Other Current Liab | 396,000USD | 1,283,000USD | 921,000USD | 917,000USD | 803,000USD | 2,115,000USD | 1,815,000USD | 3,154,000USD |
| Common Stock | 252,000USD | 10,000USD | 3,000USD | 652,000USD | 478,000USD | 418,000USD | 279,000USD | 171,000USD |
| Capital Stock | 258,000USD | 16,000USD | 1,953,000USD | 2,993,000USD | — | — | — | — |
| Retained Earnings | -210,415,000USD | -183,457,000USD | -174,849,000USD | -158,152,000USD | -141,887,000USD | -136,063,000USD | -125,024,000USD | -114,981,000USD |
| Cash | 7,958,000USD | 430,000USD | 2,924,000USD | 5,362,000USD | 7,504,000USD | 11,952,000USD | 6,937,000USD | 3,183,000USD |
| Cash And Short Term Investments | 7,958,000USD | 430,000USD | 2,924,000USD | 5,362,000USD | 7,504,000USD | 11,952,000USD | 6,937,000USD | 3,183,000USD |
| Total Current Assets | 8,434,000USD | 1,935,000USD | 7,154,000USD | 11,332,000USD | 13,170,000USD | 14,242,000USD | 9,381,000USD | 8,608,000USD |
| Total Current Liabilities | 1,142,000USD | 2,843,000USD | 4,278,000USD | 4,257,000USD | 3,442,000USD | 2,833,000USD | 5,687,000USD | 3,847,000USD |
| Net Debt | -7,182,000USD | 1,242,000USD | -311,000USD | -3,321,000USD | -6,953,000USD | -11,449,000USD | -2,891,000USD | -3,183,000USD |
| Short Term Debt | 489,000USD | 963,000USD | 1,505,000USD | 453,000USD | 305,000USD | 416,000USD | 3,541,000USD | — |
| Short Long Term Debt | 67,000USD | 565,000USD | 1,137,000USD | — | — | — | — | — |
| Short Long Term Debt Total | 776,000USD | 1,672,000USD | 2,613,000USD | 2,041,000USD | 551,000USD | 503,000USD | 4,046,000USD | — |
| Accounts Payable | 257,000USD | 109,000USD | 906,000USD | 1,080,000USD | 1,044,999USD | 302,000USD | 331,000USD | 551,000USD |
| Property Plant Equipment Net | 0USD | 955,000USD | 1,383,000USD | 1,950,000USD | 604,000USD | 520,000USD | 1,362,000USD | 201,000USD |
| Property Plant Equipment Gross | 0USD | 955,000USD | 2,056,000USD | 2,572,000USD | — | — | — | — |
| Common Stock Shares Outstanding | 5,820,000shares | 679,000shares | 24,000shares | 9,199shares | 7,125shares | 5,726shares | 3,533shares | 2,784shares |
| Non Current Assets Total | 2,212,000USD | 43,971,000USD | 43,265,000USD | 5,067,000USD | 10,808,000USD | 34,001,000USD | 1,839,000USD | 753,000USD |
| Non Current Liabilities Total | 32,330,000USD | 43,191,999USD | 42,827,000USD | 1,588,000USD | 10,365,000USD | 33,092,000USD | 4,560,000USD | 560,000USD |
| Non Currrent Assets Other | 334,000USD | 56,000USD | 21,000USD | 5,000USD | 1,000USD | 1,000USD | 2,000USD | 77,000USD |
| Net Working Capital | 7,533,000USD | -908,000USD | 2,876,000USD | 7,075,000USD | — | — | — | — |
| Unclassified Non Current Assets | 1,878,000USD | 42,960,000USD | 41,861,000USD | — | — | 33,480,000USD | — | — |
| Unclassified Non Current Liabilities | 32,330,000USD | 43,191,999USD | 42,493,000USD | 1,588,000USD | 10,365,000USD | 33,092,000USD | 4,560,000USD | — |
| Unclassified Equity | 187,079,000USD | 183,302,000USD | 176,207,000USD | 165,061,000USD | 151,580,000USD | 147,963,000USD | 125,718,000USD | 119,764,000USD |
| Current Deferred Revenue | — | 488,000USD | 946,000USD | 1,807,000USD | 1,289,000USD | — | — | 142,000USD |
| Net Receivables | — | 389,000USD | 680,000USD | 1,973,000USD | 1,668,000USD | 1,106,000USD | 1,066,000USD | 3,493,000USD |
| Inventory | — | 765,000USD | 501,000USD | 3,437,000USD | 3,220,000USD | 608,000USD | 492,000USD | 280,000USD |
| Unclassified Current Assets | — | -1,154,000USD | — | — | — | — | — | — |
| Good Will | — | — | 0USD | 348,000USD | 4,528,000USD | — | — | — |
| Non Current Liabilities Other | — | — | 334,000USD | — | — | — | — | — |
| Unclassified Current Liabilities | — | — | -1,137,000USD | — | — | — | — | — |
| Intangible Assets | — | — | — | 2,280,000USD | 5,200,000USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | 552,403,000USD | -26,595,000USD | -1,333,000USD | -1,964,000USD | -3,330,000USD | -1,898,000USD | -1,854,000USD | -2,149,000USD |
| Depreciation | 0USD | 13,000USD | 34,000USD | 38,000USD | 55,000USD | 63,000USD | 87,000USD | 92,000USD |
| Stock Based Compensation | 25,000USD | 23,000USD | 0USD | 4,000USD | 2,000USD | 11,000USD | — | — |
| Other Non Cash Items | -560,099,000USD | 24,850,000USD | 126,000USD | 24,000USD | 617,000USD | 141,000USD | 169,000USD | 560,000USD |
| Change In Working Capital | 2,431,000USD | -543,000USD | -667,000USD | -1,089,000USD | 1,334,000USD | 133,000USD | -844,000USD | -18,000USD |
| Total Cash From Operating Activities | -1,804,000USD | -2,275,000USD | -1,840,000USD | -2,991,000USD | -1,324,000USD | -1,561,000USD | -2,442,000USD | -1,515,000USD |
| Capital Expenditures | 0USD | 0USD | 0USD | 0USD | 0USD | -2,000USD | 0USD | 0USD |
| Free Cash Flow | -1,804,000USD | -2,275,000USD | -1,840,000USD | -2,991,000USD | -1,324,000USD | -1,559,000USD | -2,442,000USD | -1,515,000USD |
| Investments | -25,918,000USD | — | — | — | 0USD | — | — | — |
| Total Cashflows From Investing Activities | -25,918,000USD | — | — | — | — | 2,000USD | — | — |
| Net Borrowings | 0USD | -1,994,000USD | 0USD | 0USD | -507,000USD | 500,000USD | — | — |
| Total Cash From Financing Activities | 38,337,000USD | 7,816,000USD | -1,319,000USD | -174,000USD | -1,708,000USD | 385,000USD | 2,088,000USD | -377,000USD |
| Sale Purchase Of Stock | -350,000USD | -187,000USD | — | -174,000USD | -1,815,000USD | — | — | — |
| Issuance Of Capital Stock | 13,394,000USD | 2,049,000USD | — | — | 0USD | 0USD | — | — |
| Change In Cash | 16,096,000USD | 5,649,000USD | -3,169,000USD | -3,123,000USD | 8,171,000USD | -346,000USD | 25,000USD | -1,072,000USD |
| Begin Period Cash Flow | 2,309,000USD | 2,309,000USD | 5,478,000USD | 8,601,000USD | 430,000USD | 776,000USD | 751,000USD | 1,823,000USD |
| End Period Cash Flow | 18,405,000USD | 7,958,000USD | 2,309,000USD | 5,478,000USD | 8,601,000USD | 430,000USD | 776,000USD | 751,000USD |
| Other Cashflows From Investing Activities | 51,000,000USD | — | — | — | — | — | — | — |
| Unclassified Operating Cash Flow | 3,436,000USD | — | — | — | — | — | — | — |
| Unclassified Investing Cash Flow | -51,000,000USD | — | — | — | — | — | — | — |
| Unclassified Financing Cash Flow | 38,687,000USD | 9,997,000USD | 4,023,000USD | — | — | — | — | — |
| Change To Account Receivables | — | 368,000USD | -368,000USD | 0USD | 0USD | 315,000USD | — | — |
| Change To Inventory | — | 467,000USD | — | -467,000USD | 0USD | -355,000USD | 227,000USD | 1,000USD |
| Dividends Paid | — | -2,000USD | -4,815,000USD | — | — | — | — | — |
| Other Cashflows From Financing Activities | — | 2,000USD | -527,000USD | — | — | -115,000USD | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -33,222,000USD | -8,750,000USD | -6,145,000USD | -16,265,000USD | -5,824,000USD | -11,039,000USD | -9,687,000USD | -6,545,000USD |
| Depreciation | 140,000USD | 341,000USD | 356,000USD | 483,000USD | 119,000USD | 51,000USD | 65,000USD | 266,000USD |
| Stock Based Compensation | 29,000USD | 148,000USD | 291,000USD | 220,000USD | — | — | — | — |
| Other Non Cash Items | 25,617,000USD | 1,375,000USD | 1,961,000USD | 8,595,000USD | -3,449,000USD | 6,057,000USD | 489,000USD | -639,000USD |
| Change In Working Capital | -965,000USD | -463,000USD | -433,000USD | 533,000USD | -38,000USD | 137,000USD | 958,000USD | 1,350,000USD |
| Total Cash From Operating Activities | -8,430,000USD | -7,497,000USD | -4,261,000USD | -6,654,000USD | -9,192,000USD | -4,794,000USD | -8,175,000USD | -5,568,000USD |
| Capital Expenditures | 0USD | -6,000USD | -19,000USD | -112,000USD | -52,000USD | -26,000USD | -19,000USD | -44,000USD |
| Free Cash Flow | -8,430,000USD | -7,497,000USD | -4,280,000USD | -6,766,000USD | -9,244,000USD | -4,820,000USD | -8,194,000USD | -5,612,000USD |
| Net Borrowings | -2,501,000USD | -1,491,000USD | 1,526,000USD | -105,000USD | — | — | — | — |
| Total Cash From Financing Activities | 4,615,000USD | 1,499,000USD | 1,910,000USD | 4,633,000USD | 16,789,000USD | 9,835,000USD | 11,948,000USD | 5,597,000USD |
| Dividends Paid | -4,817,000USD | 0USD | — | — | — | — | — | — |
| Sale Purchase Of Stock | -2,176,000USD | 0USD | — | — | — | — | — | — |
| Issuance Of Capital Stock | 5,835,000USD | 2,858,000USD | 0USD | 3,035,000USD | — | — | — | — |
| Change In Cash | 7,528,000USD | -2,494,000USD | -2,438,000USD | -2,142,000USD | -4,448,000USD | 5,015,000USD | 3,754,000USD | -16,000USD |
| Begin Period Cash Flow | 430,000USD | 2,924,000USD | 5,362,000USD | 7,504,000USD | 11,952,000USD | 6,937,000USD | 3,183,000USD | 3,199,000USD |
| End Period Cash Flow | 7,958,000USD | 430,000USD | 2,924,000USD | 5,362,000USD | 7,504,000USD | 11,952,000USD | 6,937,000USD | 3,183,000USD |
| Other Cashflows From Financing Activities | -525,000USD | -115,000USD | -181,000USD | — | — | — | — | — |
| Unclassified Financing Cash Flow | 14,634,000USD | 3,105,000USD | — | 1,703,000USD | — | — | — | — |
| Change To Account Receivables | — | 291,000USD | 846,000USD | -305,000USD | 452,000USD | -317,000USD | 2,319,000USD | 774,000USD |
| Change To Inventory | — | -272,000USD | 162,000USD | -217,000USD | -243,000USD | -116,000USD | -212,000USD | 198,000USD |
| Total Cashflows From Investing Activities | — | — | -19,000USD | -112,000USD | -12,045,000USD | -26,000USD | -19,000USD | -44,000USD |
| Unclassified Investing Cash Flow | — | — | — | — | -11,993,000USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q4 2024Quarterly · 2024-12-31 | Product | Product | 2,312,000 | USD | Legacy provider |
| Q4 2024Quarterly · 2024-12-31 | Product | Product And Service Other | 0 | USD | Legacy provider |
| FY 2024Yearly · 2024-12-31 | Product | Product | 9,747,000 | USD | 0001437749-25-010730 |
| FY 2024Yearly · 2024-12-31 | Product | Product And Service Other | 34,000 | USD | 0001437749-25-010730 |
| Q3 2024Quarterly · 2024-09-30 | Product | Product | 2,424,000 | USD | 0001437749-24-033919 |
| Q3 2024Quarterly · 2024-09-30 | Product | Product And Service Other | 17,000 | USD | 0001437749-24-033919 |
| Q2 2024Quarterly · 2024-06-30 | Product | Product | 2,387,000 | USD | 0001437749-24-026386 |
| Q2 2024Quarterly · 2024-06-30 | Product | Product And Service Other | 13,000 | USD | 0001437749-24-026386 |
| Q1 2024Quarterly · 2024-03-31 | Product | Product | 2,624,000 | USD | 0001437749-24-015679 |
| Q1 2024Quarterly · 2024-03-31 | Product | Product And Service Other | 7,000 | USD | 0001437749-24-015679 |
| Q4 2023Quarterly · 2023-12-31 | Product | Product | 2,129,000 | USD | Legacy provider |
| Q4 2023Quarterly · 2023-12-31 | Product | Product And Service Other | 0 | USD | Legacy provider |
| FY 2023Yearly · 2023-12-31 | Product | Product | 10,455,000 | USD | 0001437749-25-010730 |
| FY 2023Yearly · 2023-12-31 | Product | Product And Service Other | 0 | USD | 0001437749-25-010730 |
| FY 2023Yearly · 2023-12-31 | Segment | Optical And Wound Care | 11,174,000 | USD | 0001437749-24-009417 |
| FY 2023Yearly · 2023-12-31 | Segment | Skin Care | 3,552,000 | USD | 0001437749-24-009417 |
| Q4 2023Quarterly · 2023-12-31 | Segment | Optical And Wound Care | 2,820,000 | USD | Legacy provider |
| Q4 2023Quarterly · 2023-12-31 | Segment | Skin Care | 907,000 | USD | Legacy provider |
| Q3 2023Quarterly · 2023-09-30 | Product | Product | 2,471,000 | USD | 0001437749-24-033919 |
| Q3 2023Quarterly · 2023-09-30 | Product | Product And Service Other | 10,000 | USD | 0001437749-24-033919 |
| Q3 2023Quarterly · 2023-09-30 | Segment | Optical And Wound Care | 2,481,000 | USD | 0001437749-23-031256 |
| Q3 2023Quarterly · 2023-09-30 | Segment | Skin Care | 784,000 | USD | 0001437749-23-031256 |
| Q2 2023Quarterly · 2023-06-30 | Product | Product | 3,523,000 | USD | 0001437749-24-026386 |
| Q2 2023Quarterly · 2023-06-30 | Product | Product And Service Other | 11,000 | USD | 0001437749-24-026386 |
| Q2 2023Quarterly · 2023-06-30 | Segment | Optical And Wound Care | 3,534,000 | USD | 0001437749-23-023110 |
| Q2 2023Quarterly · 2023-06-30 | Segment | Skin Care | 1,076,000 | USD | 0001437749-23-023110 |
| Q1 2023Quarterly · 2023-03-31 | Product | Product | 2,332,000 | USD | 0001437749-24-015679 |
| Q1 2023Quarterly · 2023-03-31 | Product | Product And Service Other | 7,000 | USD | 0001437749-24-015679 |
| Q1 2023Quarterly · 2023-03-31 | Segment | Optical And Wound Care | 2,339,000 | USD | 0001437749-23-013945 |
| Q1 2023Quarterly · 2023-03-31 | Segment | Skin Care | 785,000 | USD | 0001437749-23-013945 |
| FY 2022Yearly · 2022-12-31 | Product | Product | 14,374,000 | USD | 0001437749-24-009417 |
| FY 2022Yearly · 2022-12-31 | Product | Product And Service Other | 30,000 | USD | 0001437749-24-009417 |
| FY 2022Yearly · 2022-12-31 | Segment | Optical And Wound Care | 10,239,000 | USD | 0001437749-24-009417 |
| FY 2022Yearly · 2022-12-31 | Segment | Skin Care | 4,165,000 | USD | 0001437749-24-009417 |
| Q4 2022Quarterly · 2022-12-31 | Segment | Optical And Wound Care | 2,592,000 | USD | Legacy provider |
| Q4 2022Quarterly · 2022-12-31 | Segment | Skin Care | 1,051,000 | USD | Legacy provider |
| Q3 2022Quarterly · 2022-09-30 | Segment | Optical And Wound Care | 2,507,000 | USD | 0001437749-23-031256 |
| Q3 2022Quarterly · 2022-09-30 | Segment | Skin Care | 1,319,000 | USD | 0001437749-23-031256 |
| Q2 2022Quarterly · 2022-06-30 | Segment | Optical And Wound Care | 2,910,000 | USD | 0001437749-23-023110 |
| Q2 2022Quarterly · 2022-06-30 | Segment | Skin Care | 752,000 | USD | 0001437749-23-023110 |
| Q1 2022Quarterly · 2022-03-31 | Segment | Optical And Wound Care | 2,230,000 | USD | 0001437749-23-013945 |
| Q1 2022Quarterly · 2022-03-31 | Segment | Skin Care | 1,043,000 | USD | 0001437749-23-013945 |
| FY 2021Yearly · 2021-12-31 | Product | Product | 10,180,000 | USD | 0001437749-23-008843 |
| FY 2021Yearly · 2021-12-31 | Product | Product And Service Other | 24,000 | USD | 0001437749-23-008843 |
| FY 2021Yearly · 2021-12-31 | Segment | Optical And Wound Care | 9,555,000 | USD | 0001437749-23-008843 |
| FY 2021Yearly · 2021-12-31 | Segment | Skin Care | 649,000 | USD | 0001437749-23-008843 |
| FY 2020Yearly · 2020-12-31 | Product | Product | 9,916,000 | USD | 0001437749-22-007543 |
| FY 2020Yearly · 2020-12-31 | Product | Product And Service Other | 18,000 | USD | 0001437749-22-007543 |
| FY 2019Yearly · 2019-12-31 | Product | Product | 6,556,000 | USD | 0001437749-22-007543 |
| FY 2019Yearly · 2019-12-31 | Product | Product And Service Other | 43,000 | USD | 0001437749-22-007543 |
| FY 2018Yearly · 2018-12-31 | Product | Avenova Product | 12,305,000 | USD | 0001437749-21-007158 |
| FY 2018Yearly · 2018-12-31 | Product | KN95Masks | 0 | USD | 0001437749-21-007158 |
| FY 2018Yearly · 2018-12-31 | Product | Neutrophase | 169,000 | USD | 0001437749-21-007158 |
| FY 2018Yearly · 2018-12-31 | Product | Technology Service | 34,000 | USD | 0001437749-21-007158 |
| FY 2017Yearly · 2017-12-31 | Product | Product | 18,127,000 | USD | 0001437749-20-006213 |
| FY 2017Yearly · 2017-12-31 | Product | Product And Service Other | 103,000 | USD | 0001437749-20-006213 |
| FY 2017Yearly · 2017-12-31 | Product | Technology Service | 103,000 | USD | 0001437749-20-006213 |
| FY 2014Yearly · 2014-12-31 | Segment | All Other Segments | 249,000 | USD | 0001437749-15-006065 |
| FY 2014Yearly · 2014-12-31 | Segment | Dermatology | 5,000 | USD | 0001437749-15-006065 |
| FY 2014Yearly · 2014-12-31 | Segment | Ophthalmology | 329,000 | USD | 0001437749-15-006065 |
| FY 2014Yearly · 2014-12-31 | Segment | Wound Care | 471,000 | USD | 0001437749-15-006065 |
| FY 2013Yearly · 2013-12-31 | Segment | All Other Segments | 347,000 | USD | 0001437749-15-006065 |
| FY 2013Yearly · 2013-12-31 | Segment | Dermatology | 2,697,000 | USD | 0001437749-15-006065 |
| FY 2013Yearly · 2013-12-31 | Segment | Wound Care | 433,000 | USD | 0001437749-15-006065 |
| FY 2012Yearly · 2012-12-31 | Segment | Segment Revenue — Dermatology | 6,348,000 | USD | 0001437749-14-003599 |
| FY 2012Yearly · 2012-12-31 | Segment | Segment Revenue — Other RD | 495,000 | USD | 0001437749-14-003599 |
| FY 2012Yearly · 2012-12-31 | Segment | Segment Revenue — Wound Care | 104,000 | USD | 0001437749-14-003599 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.