SSII
SS Innovations International, Inc.
Company overview
- Market capitalization
- $579.11M
- Employees
- 483
- Latest publication
- 2026-09-29
About SS Innovations International, Inc.
SS Innovations International, Inc., together with its subsidiaries, operates as a commercial-stage surgical robotics company in India, Philippines, Indonesia, South America, Iraq, Cyprus, Oman, United Arab Emirates (UAE), Nepal, and internationally. It offers SSi Mantra, a surgical robotic system; and SSi Mudra, a range of stapling, energy, and core instrumentations for surgical systems. The company also develops NADI " Automated Coronary Anastomotic Connector, a micro stapling device; SSi Multi-Fire Clip Applier, a cartridge-based clip applicator; SSi Robotic Stapler; SSi Maya is an enabling digital platform that compliments the SSI Mantra system and enhances surgical capabilities; SSi Guru is a virtual tele illustration; SSi XR Cognitive Skill Simulator is an extended reality (XR) software platform developed to train and educate surgeons and surgical assistants; SSi MantraM; SSi Mantra Tele Surgeon Console (TSC); and 5mm surgical instruments; SSi Holographic Anatomy, an augmented reality tool; SSi Chitrasa " Advanced DICOM Viewer, an AI enabled application viewer; and SSi Mixed Reality Headset, a medical-grade device. In addition, it offers instrument tips, including forceps, scissors, electrocautery tools, scalpels, and other surgical tools. Further, the company provides accessory products, such as sterile drapes, 3d stereo endoscopes, cannulas, and seals, as well as tele proctoring and telesurgery products. Additionally, it offers installation, repair, maintenance, 24/7 technical support, and proactive health monitoring services. The company sells its products through direct sales organizations and distributor networks. SS Innovations International, Inc. is headquartered in Gurugram, India.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q4 20252025-12-31 · USD | Q2 20252025-06-30 · USD | Q3 20222022-09-30 · USD | Q2 20222022-06-30 · USD | Q1 20222022-03-31 · USD | Q4 20212021-12-31 · USD | Q3 20212021-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 13,939,709USD | 14,534,483USD | 10,000,305USD | 0USD | 0USD | 0USD | — | — |
| Cost Of Revenue | 6,838,759USD | 8,157,430USD | 4,085,247USD | 2,279USD | 23,302USD | 2,305USD | 2,982USD | 3,267USD |
| Gross Profit | 7,100,950USD | 6,377,053USD | 5,915,058USD | -2,279USD | -23,302USD | -2,305USD | -2,982USD | -3,267USD |
| Research Development | 2,395,694USD | 1,390,826USD | 498,600USD | — | 337,407USD | 2,000USD | 4,500USD | — |
| Selling General Administrative | 4,452,090USD | 5,411,733USD | 5,059,083USD | 300,078USD | 200,055USD | 304,671USD | 1,559,940USD | — |
| Total Operating Expenses | 9,372,304USD | 7,112,050USD | 5,818,044USD | 897,866USD | 701,752USD | 78,150USD | 273,389USD | 414,972USD |
| Operating Income | -2,271,354USD | -734,997USD | 97,014USD | -900,150USD | -725,054USD | -80,455USD | -276,370USD | -418,239USD |
| Total Other Income Expense Net | 115,280USD | 29,270USD | 24USD | 110,041USD | -26,971USD | 34USD | -77,363USD | 30USD |
| Interest Expense | 344,761USD | 335,296USD | 216,800USD | 62,687USD | 29USD | 344USD | 5,606USD | — |
| Income Before Tax | -2,156,074USD | -705,727USD | 97,038USD | -790,104USD | -752,025USD | -80,421USD | -353,734USD | -418,209USD |
| Income Tax Expense | 505,276USD | 1,765,652USD | 353,729USD | 1USD | — | -5USD | -2USD | 3USD |
| Net Income | -2,661,350USD | -2,471,379USD | -256,691USD | -790,104USD | -752,025USD | -80,421USD | -353,734USD | -418,209USD |
| Interest Income | — | 364,566USD | 216,824USD | 42USD | 29USD | 35USD | — | — |
| Net Interest Income | — | 29,270USD | 24USD | 42USD | 29USD | 35USD | — | — |
| Tax Provision | — | 1,765,652USD | 353,729USD | 0USD | 0USD | 0USD | — | — |
| Net Income From Continuing Ops | — | -2,471,379USD | -256,691USD | -790,104USD | -170,001USD | -80,421USD | — | — |
| Ebit | — | -370,431USD | 313,838USD | -727,417USD | -723,204USD | -80,420USD | -353,732USD | -418,210USD |
| Ebitda | — | -60,940USD | 574,199USD | -725,138USD | -699,902USD | -78,115USD | -350,750USD | -414,943USD |
| Depreciation And Amortization | — | 309,491USD | 260,361USD | 2,279USD | 23,302USD | 2,305USD | 2,982USD | 3,267USD |
| Reconciled Depreciation | — | 309,491USD | 260,361USD | 2,279USD | 2,280USD | 2,305USD | — | — |
| Net Income Applicable To Common Shares | — | — | — | — | -170,002USD | -80,421USD | — | — |
| Unclassified Operating Expenses | — | — | — | — | — | — | -1,291,051USD | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | 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 | FY 20172017-12-31 · USD | FY 20162016-12-31 · USD | FY 20152015-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,458,315USD | 0USD | 0USD | 0USD | — | — | — | — |
| Cost Of Revenue | 968,721USD | 18,787USD | 37,431USD | 37,702USD | 19,463USD | 789USD | — | — |
| Gross Profit | 489,594USD | -18,787USD | -37,431USD | -37,702USD | -19,463USD | -789USD | — | — |
| Research Development | 83,282USD | 1,000USD | 3,000USD | 60,874USD | 27,125USD | 71,170USD | 138,377USD | — |
| Selling General Administrative | 6,085,545USD | 1,406,038USD | 1,099,927USD | 2,911,506USD | — | — | — | — |
| Total Operating Expenses | 6,168,827USD | 1,388,252USD | 1,065,496USD | 3,284,982USD | 940,917USD | 1,010,018USD | 462,493USD | 66USD |
| Operating Income | -5,679,230USD | -1,407,040USD | -1,102,930USD | -3,322,680USD | -960,380USD | -1,010,810USD | -462,490USD | -66USD |
| Interest Income | 239,728USD | 118USD | 6USD | 2USD | — | — | — | — |
| Interest Expense | 162,000USD | 0USD | 1,059USD | 12,756USD | — | 27,000USD | 22,520USD | — |
| Net Interest Income | 77,729USD | 118USD | -1,053USD | -12,754USD | — | — | — | — |
| Income Before Tax | -5,601,504USD | -1,484,313USD | -1,124,681USD | -3,385,973USD | -960,322USD | -1,037,723USD | -484,982USD | -66USD |
| Tax Provision | 0USD | 0USD | 0USD | 0USD | — | — | — | — |
| Net Income | -5,601,504USD | -1,484,313USD | -1,124,681USD | -3,385,973USD | -960,322USD | -1,037,723USD | -484,982USD | -66USD |
| Net Income From Continuing Ops | -5,601,504USD | -1,484,313USD | -1,124,681USD | -2,978,808USD | — | — | — | — |
| Ebit | -5,439,502USD | -1,484,311USD | -1,123,621USD | -3,366,225USD | -960,322USD | -1,010,723USD | — | — |
| Ebitda | -5,310,602USD | -1,465,524USD | -1,086,190USD | -3,328,523USD | -940,859USD | -1,009,934USD | -462,462USD | -66USD |
| Depreciation And Amortization | 128,900USD | 18,787USD | 37,431USD | 37,702USD | 19,463USD | 789USD | — | — |
| Reconciled Depreciation | 128,901USD | 18,787USD | 37,431USD | 39,372USD | — | — | — | — |
| Total Other Income Expense Net | 77,729USD | -77,274USD | -21,754USD | -63,289USD | 58USD | -26,913USD | -22,489USD | — |
| Selling And Marketing Expenses | — | 18,786USD | 37,431USD | — | — | — | — | — |
| Income Tax Expense | — | 3USD | -1USD | -2USD | -3USD | 2USD | — | — |
| Other Operating Expenses | — | — | — | — | — | — | 462,493USD | 66USD |
| 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 | 96,982,013USD | 90,546,889USD | 74,226,217USD | 69,577,027USD | 69,977,771USD | 63,456,961USD | 42,385,213USD | 37,811,974USD |
| Cash And Equivalents | 13,647,430USD | — | — | — | — | — | — | — |
| Total Current Assets | 71,453,952USD | 66,261,517USD | 48,800,659USD | 48,424,838USD | 50,786,526USD | 47,619,943USD | 27,416,291USD | 26,663,932USD |
| Other Current Assets | 4,756,469USD | 11,895,425USD | 10,299,385USD | 4,684,943USD | 15,177,197USD | 9,408,661USD | 9,585,046USD | 8,129,680USD |
| Other Non Current Assets | 170,974USD | — | — | — | — | — | — | — |
| Total Liabilities | 43,580,790USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 31,891,727USD | 26,045,003USD | 26,241,698USD | 21,187,549USD | 19,611,108USD | 14,996,713USD | 21,330,222USD | 18,941,275USD |
| Other Non Current Liabilities | 443,515USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 53,401,223USD | 54,523,413USD | 38,218,251USD | 39,649,306USD | 42,022,869USD | 40,554,290USD | 13,457,103USD | 13,891,985USD |
| Total Equity Including Noncontrolling Interest | 53,401,223USD | — | — | — | — | — | — | — |
| Deferred Revenue | 3,916,269USD | — | — | — | — | — | — | — |
| Deferred Revenue Non Current | 8,695,725USD | — | — | — | — | — | — | — |
| Net Receivables | 16,986,089USD | 21,320,287USD | 18,230,866USD | 11,998,300USD | 5,973,923USD | 8,042,924USD | 7,157,847USD | 9,123,474USD |
| Inventory | 18,481,603USD | 17,066,091USD | 17,064,002USD | 20,036,005USD | 18,260,141USD | 14,295,141USD | 10,206,898USD | 9,190,414USD |
| Property Plant Equipment Net | 11,682,852USD | 11,330,913USD | 11,854,566USD | 10,708,298USD | 10,928,910USD | 9,673,532USD | 8,009,835USD | 4,879,242USD |
| Accounts Payable | 5,265,754USD | 4,403,170USD | 5,127,193USD | 4,656,966USD | 7,680,643USD | 3,840,120USD | 2,886,985USD | 1,854,133USD |
| Short Term Debt | 687,707USD | 11,732,384USD | 12,022,117USD | 10,411,154USD | 7,334,939USD | 8,050,720USD | 15,854,424USD | 12,996,911USD |
| Common Stock | 20,017USD | 20,013USD | 19,416USD | 19,358USD | 19,358USD | 19,354USD | 17,157USD | 17,087USD |
| Retained Earnings | -62,033,855USD | -59,372,505USD | -55,789,934USD | -53,318,557USD | -49,600,593USD | -49,343,900USD | -43,662,547USD | -41,901,082USD |
| Accumulated Other Comprehensive Income | -3,994,166USD | -2,673,220USD | -1,122,743USD | -404,907USD | 77,104USD | 173,006USD | 150,292USD | 580,426USD |
| Total Liab | — | 36,023,476USD | 36,007,966USD | 29,927,721USD | 27,954,902USD | 22,902,671USD | 28,928,110USD | 23,919,989USD |
| Other Current Liab | — | 6,326,818USD | 5,825,702USD | 3,606,439USD | 2,182,844USD | 1,234,598USD | 1,310,211USD | 3,108,167USD |
| Capital Stock | — | 20,014USD | 19,417USD | 19,359USD | 19,359USD | 19,355USD | 17,158USD | 17,088USD |
| Cash | — | 15,979,714USD | 3,206,406USD | 11,705,590USD | 11,375,265USD | 15,873,217USD | 466,500USD | 220,364USD |
| Cash And Short Term Investments | — | 15,979,714USD | 3,206,406USD | 11,705,590USD | 11,375,265USD | 15,873,217USD | 466,500USD | 220,364USD |
| Current Deferred Revenue | — | 3,582,631USD | 3,266,686USD | 2,512,990USD | 2,412,682USD | 1,871,275USD | 1,278,602USD | 982,064USD |
| Net Debt | — | -2,160,796USD | 11,153,408USD | 978,675USD | -1,587,937USD | -5,419,844USD | 17,737,042USD | 15,256,948USD |
| Short Long Term Debt | — | 11,156,147USD | 11,442,948USD | 10,069,783USD | 6,980,313USD | 7,682,411USD | 15,444,906USD | 12,548,496USD |
| Short Long Term Debt Total | — | 13,818,918USD | 14,359,814USD | 12,684,265USD | 9,787,328USD | 10,453,373USD | 18,203,542USD | 15,477,312USD |
| Property Plant Equipment Gross | — | 13,128,339USD | 13,400,489USD | 12,026,272USD | 12,023,061USD | 10,530,106USD | 8,655,322USD | 5,644,267USD |
| Common Stock Shares Outstanding | — | 205,309,556shares | 198,699,461shares | 202,856,501shares | 202,835,698shares | 188,599,859shares | 181,885,269shares | 181,885,269shares |
| Non Current Assets Total | — | 24,285,372USD | 25,425,558USD | 21,152,189USD | 19,191,245USD | 15,837,018USD | 14,968,922USD | 11,148,042USD |
| Non Current Liabilities Total | — | 9,978,473USD | 9,766,268USD | 8,740,171USD | 8,343,794USD | 7,905,958USD | 7,597,888USD | 4,978,714USD |
| Non Currrent Assets Other | — | 4,488,168USD | 13,037,265USD | 3,032,478USD | 3,103,405USD | 3,026,461USD | 6,959,087USD | 2,465,584USD |
| Net Working Capital | — | 40,216,514USD | 22,558,961USD | 27,237,289USD | 31,175,418USD | 32,623,230USD | 6,086,069USD | 7,722,657USD |
| Unclassified Non Current Assets | — | 8,466,291USD | — | 7,411,413USD | 5,158,930USD | 3,137,025USD | — | 3,803,216USD |
| Unclassified Current Liabilities | — | -11,156,147USD | -11,442,948USD | -10,069,783USD | -6,980,313USD | -7,682,411USD | -15,444,906USD | -12,548,496USD |
| Unclassified Non Current Liabilities | — | 9,978,473USD | 9,766,268USD | 8,740,171USD | 8,343,794USD | 7,905,958USD | 7,597,888USD | 4,978,714USD |
| Unclassified Equity | — | 116,529,111USD | 95,092,095USD | 93,334,053USD | 91,507,641USD | 89,686,475USD | 56,935,043USD | 55,178,466USD |
| 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 | 74,226,217USD | 42,385,213USD | 25,479,086USD | 6,980,533USD | 428,607USD | 317,870USD | 132,524USD | 145,434USD |
| Other Current Assets | 16,131,711USD | 9,585,046USD | 3,375,169USD | 481,442USD | 4,582USD | 2,290USD | 6,290USD | 5,830USD |
| Total Liab | 36,007,966USD | 28,928,110USD | 11,181,102USD | 9,659,070USD | 287,281USD | 1,186,919USD | 1,195,782USD | 449,783USD |
| Total Stockholder Equity | 38,218,251USD | 13,457,103USD | 14,297,984USD | -2,678,537USD | 141,326USD | -869,049USD | -1,063,258USD | -304,349USD |
| Other Current Liab | 5,825,702USD | 1,310,211USD | 2,041,371USD | 1,173,110USD | 17,700USD | 860,200USD | 596,865USD | 409,763USD |
| Common Stock | 19,416USD | 17,157USD | 67,072USD | 12,817USD | 462,304USD | 103,497USD | 2,186USD | 2,101USD |
| Capital Stock | 19,417USD | 17,158USD | 17,072USD | 5,389USD | 462,304USD | 103,497USD | 256,750USD | — |
| Retained Earnings | -55,789,934USD | -43,662,547USD | -35,329,246USD | -3,633,058USD | -8,478,060USD | -6,993,747USD | -5,869,066USD | -2,483,093USD |
| Cash | 3,206,406USD | 466,500USD | 7,033,000USD | 217,177USD | 405,774USD | 160,709USD | 28,474USD | 35,716USD |
| Cash And Short Term Investments | 3,206,406USD | 466,500USD | 7,033,000USD | 217,177USD | 405,774USD | 160,709USD | 28,474USD | 35,716USD |
| Total Current Assets | 48,800,659USD | 27,416,291USD | 18,382,700USD | 4,095,235USD | 408,065USD | 163,000USD | 34,764USD | 41,546USD |
| Total Current Liabilities | 26,241,698USD | 21,330,222USD | 9,270,670USD | 7,766,189USD | 287,281USD | 1,186,919USD | 1,195,782USD | 449,783USD |
| Current Deferred Revenue | 3,266,686USD | 1,278,602USD | 20,483USD | 1,776USD | — | — | — | — |
| Net Debt | 11,153,408USD | 17,737,042USD | 1,185,345USD | 8,048,763USD | -260,774USD | 34,291USD | 429,026USD | -20,716USD |
| Short Term Debt | 12,022,117USD | 15,854,424USD | 6,307,914USD | 6,425,826USD | 145,000USD | 195,000USD | 457,500USD | 30,000USD |
| Short Long Term Debt | 11,442,948USD | 15,444,906USD | 6,018,926USD | 4,000,000USD | 145,000USD | 195,000USD | 457,500USD | — |
| Short Long Term Debt Total | 14,359,814USD | 18,203,542USD | 8,218,346USD | 8,265,940USD | 145,000USD | 195,000USD | 457,500USD | 15,000USD |
| Net Receivables | 12,398,542USD | 7,157,847USD | 1,647,274USD | 2,492,513USD | — | — | — | — |
| Inventory | 17,064,000USD | 10,206,898USD | 6,327,256USD | 904,103USD | — | — | — | — |
| Accounts Payable | 5,127,193USD | 2,886,985USD | 900,903USD | 165,477USD | 124,581USD | 131,719USD | 141,417USD | 10,020USD |
| Property Plant Equipment Net | 11,854,566USD | 8,009,835USD | 2,989,582USD | 1,915,123USD | 20,542USD | 38,207USD | 84,638USD | 35,340USD |
| Property Plant Equipment Gross | 13,400,489USD | 8,655,322USD | 3,413,015USD | 98,592USD | 98,592USD | 98,592USD | 119,592USD | — |
| Accumulated Other Comprehensive Income | -1,122,743USD | 150,292USD | 704,418USD | 954,516USD | — | — | 254,564USD | — |
| Common Stock Shares Outstanding | 198,699,461shares | 181,885,269shares | 128,445,575shares | 3,981,600shares | 2,848,097shares | 2,337,229shares | 2,153,565shares | 2,086,398shares |
| Non Current Assets Total | 25,425,558USD | 14,968,922USD | 7,096,386USD | 2,885,298USD | 20,542USD | 154,870USD | 97,760USD | 103,888USD |
| Non Current Liabilities Total | 9,766,268USD | 7,597,888USD | 1,910,432USD | 1,892,881USD | 0USD | 0USD | 0USD | — |
| Non Currrent Assets Other | 4,011,647USD | 3,341,528USD | 1,430,340USD | 934,053USD | — | -1USD | — | 68,548USD |
| Net Working Capital | 22,558,961USD | 6,086,069USD | 9,112,030USD | 308,813USD | 120,784USD | -1,023,920USD | -1,161,018USD | — |
| Unclassified Non Current Assets | 9,559,345USD | 3,617,559USD | 2,640,341USD | — | — | — | — | — |
| Unclassified Current Liabilities | -11,442,948USD | -15,444,906USD | -6,018,927USD | -4,000,000USD | — | — | — | — |
| Unclassified Non Current Liabilities | 9,766,268USD | 7,597,888USD | 1,910,432USD | 1,423,864USD | — | — | — | — |
| Unclassified Equity | 95,092,095USD | 56,935,043USD | 48,838,668USD | — | 7,694,778USD | 5,917,704USD | 4,292,308USD | 2,176,643USD |
| Intangible Assets | — | — | 36,122USD | 36,122USD | — | 1,122USD | 13,122USD | — |
| Other Assets | — | — | 1USD | — | — | 1USD | — | — |
| Long Term Debt | — | — | — | 469,017USD | — | — | — | — |
| Non Current Liabilities Other | — | — | — | -1USD | — | — | — | — |
| Long Term Investments | — | — | — | — | 0USD | 115,542USD | 0USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 670,111USD |
| Stock Based Compensation | 5,322,471USD |
| Deferred Income Tax | -336,457USD |
| Change To Account Receivables | -4,286,490USD |
| Change To Inventory | -1,411,376USD |
| Change To Liabilities | 910,515USD |
| Change In Working Capital | -8,592,504USD |
| Operating Cash Flow | -6,546,449USD |
| Investing Cash Flow | -215,060USD |
| Net Debt Issuance | -20,606USD |
| Unclassified Financing Cash Flow | 21,659,116USD |
| Financing Cash Flow | 21,638,510USD |
| Effect Of Forex Changes On Cash | -1,808,998USD |
| Change In Cash | 13,068,003USD |
| End Cash Flow | 22,671,023USD |
| Source | DisclosureDeterministicFinal |
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 | -3,582,571USD | -2,471,379USD | -3,717,964USD | -256,691USD | -5,681,353USD | -1,923,391USD | -3,245,483USD | -4,140,570USD |
| Depreciation | 323,747USD | 309,491USD | 297,173USD | 260,361USD | 208,882USD | 145,926USD | 119,502USD | 90,476USD |
| Stock Based Compensation | 3,144,315USD | 2,023,433USD | 2,095,163USD | 1,630,295USD | 2,379,212USD | 7,756,403USD | 2,451,355USD | 2,443,792USD |
| Other Non Cash Items | -141,229USD | -28,128USD | 513,226USD | -335,924USD | -400,894USD | 3,138,873USD | 119,478USD | 80,277USD |
| Change To Account Receivables | -245,111USD | -6,950,413USD | -3,749,192USD | -3,613,429USD | 1,275,750USD | -1,488,175USD | -265,313USD | -289,770USD |
| Change To Inventory | 4,159USD | 3,443,980USD | -1,293,552USD | -5,138,541USD | -5,082,673USD | -2,436,778USD | -5,054,990USD | 1,127,109USD |
| Change In Working Capital | -1,755,162USD | -995,178USD | -6,865,897USD | -4,750,370USD | -2,609,221USD | -4,623,169USD | -1,991,635USD | 503,457USD |
| Total Cash From Operating Activities | -2,311,936USD | -1,519,570USD | -7,467,714USD | -3,452,329USD | -6,103,374USD | -3,261,761USD | -2,546,783USD | -1,022,568USD |
| Capital Expenditures | -54,184USD | -1,714,531USD | -755,075USD | -316,648USD | -872,804USD | -125,139USD | 1,702,803USD | -2,111,884USD |
| Free Cash Flow | -2,366,120USD | -3,234,101USD | -8,222,789USD | -3,768,977USD | -6,976,178USD | -3,386,900USD | -843,980USD | -3,134,452USD |
| Total Cashflows From Investing Activities | -54,189USD | -1,714,531USD | -755,075USD | -316,648USD | -872,804USD | -125,142USD | 1,702,802USD | -2,111,884USD |
| Net Borrowings | -286,801USD | 1,373,165USD | 3,089,470USD | -702,098USD | 22,406,019USD | 3,406,599USD | 722,336USD | — |
| Total Cash From Financing Activities | 18,159,697USD | 1,373,165USD | 3,089,470USD | -702,098USD | 22,406,019USD | 3,411,034USD | 722,336USD | 2,654,351USD |
| Issuance Of Capital Stock | 18,446,498USD | — | — | — | 0USD | — | — | 3USD |
| Change In Cash | 14,466,994USD | -2,436,227USD | -5,566,431USD | -4,473,110USD | 15,455,253USD | 524,523USD | -447,883USD | -340,178USD |
| Begin Period Cash Flow | 9,144,056USD | 12,039,247USD | 17,605,678USD | 22,078,788USD | 6,623,535USD | 5,780,485USD | 6,228,368USD | 6,895,580USD |
| End Period Cash Flow | 23,611,050USD | 9,603,020USD | 12,039,247USD | 17,605,678USD | 22,078,788USD | 6,305,008USD | 5,780,485USD | 6,555,402USD |
| Other Cashflows From Financing Activities | 18,159,697USD | 1,373,165USD | — | — | — | — | -101,252USD | -3USD |
| Unclassified Financing Cash Flow | -18,159,697USD | -1,373,165USD | — | — | — | — | — | 2,654,351USD |
| Investments | — | — | -755,075USD | -316,648USD | -872,804USD | 994,016USD | 2,463,464USD | 88,647USD |
| Other Cashflows From Investing Activities | — | — | — | — | — | 17,817USD | 2,612,930USD | 259,702USD |
| Unclassified Operating Cash Flow | — | — | — | — | — | -7,756,403USD | — | — |
| Unclassified Investing Cash Flow | — | — | — | — | — | -1,011,836USD | -5,076,395USD | — |
| 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 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD | FY 20172017-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -12,127,387USD | -19,151,197USD | -20,878,292USD | -1,484,313USD | -1,124,681USD | -3,385,973USD | -960,322USD | -1,037,723USD |
| Depreciation | 1,075,907USD | 436,005USD | 152,738USD | 18,787USD | 37,431USD | 37,702USD | 19,463USD | 789USD |
| Stock Based Compensation | 8,128,103USD | 14,342,784USD | 9,723,492USD | 767,237USD | 434,180USD | 1,070,369USD | — | — |
| Other Non Cash Items | 687,284USD | 950,607USD | 5,298,114USD | 1,184,892USD | 20,701USD | 1,479,446USD | -283,319USD | 218,061USD |
| Change To Account Receivables | -13,037,284USD | -4,890,032USD | -3,071,640USD | — | — | — | — | — |
| Change To Inventory | -8,070,786USD | -7,691,518USD | -6,113,810USD | — | — | — | — | — |
| Change In Working Capital | -15,794,029USD | -6,081,229USD | -9,657,697USD | -849,637USD | 541,829USD | 374,351USD | 310,503USD | 324,177USD |
| Total Cash From Operating Activities | -18,542,987USD | -9,503,030USD | -15,361,645USD | -363,034USD | -90,540USD | -424,105USD | -443,288USD | -446,856USD |
| Capital Expenditures | -3,659,058USD | -661,479USD | -453,327USD | -4USD | -4,000USD | -50,122USD | -23,568USD | -4,174USD |
| Free Cash Flow | -22,202,045USD | -10,164,509USD | -15,814,972USD | -363,030USD | -94,540USD | -474,227USD | -466,856USD | -451,030USD |
| Total Cashflows From Investing Activities | -3,659,058USD | -661,479USD | -453,327USD | 38,150USD | -44,000USD | -50,122USD | -23,568USD | -4,174USD |
| Net Borrowings | 26,166,556USD | 9,425,980USD | 22,334,230USD | 0USD | — | — | — | — |
| Total Cash From Financing Activities | 26,166,556USD | 9,425,980USD | 22,796,286USD | 569,949USD | 266,775USD | 466,985USD | 50,000USD | 655,383USD |
| Change In Cash | 2,979,485USD | -464,310USD | 6,813,220USD | 245,065USD | 132,235USD | -7,242USD | -416,856USD | 204,353USD |
| Begin Period Cash Flow | 6,623,535USD | 7,087,845USD | 274,625USD | 160,709USD | 28,474USD | 35,716USD | 452,572USD | 248,219USD |
| End Period Cash Flow | 9,603,020USD | 6,623,535USD | 7,087,845USD | 405,774USD | 160,709USD | 28,474USD | 35,716USD | 452,572USD |
| Other Cashflows From Financing Activities | 26,166,556USD | — | 50,000USD | 12,899USD | 2,100USD | 39,485USD | — | — |
| Unclassified Financing Cash Flow | -26,166,556USD | — | — | — | — | — | — | — |
| Investments | — | -661,479USD | -2,299,356USD | 38,150USD | -44,000USD | 20,878USD | — | — |
| Issuance Of Capital Stock | — | 0USD | 808,244USD | 583,050USD | 194,845USD | 0USD | — | — |
| Other Cashflows From Investing Activities | — | — | 464,029USD | — | — | -122USD | — | — |
| Unclassified Investing Cash Flow | — | — | 1,835,327USD | — | — | — | — | — |
| Sale Purchase Of Stock | — | — | — | -26,000USD | 0USD | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Geography | AE | 7,984 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Geography | ID | 24,222 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Geography | IN | 10,952,543 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Geography | NP | 6,810 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Geography | PH | 35,702 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Geography | South America | 74,105 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Product | Instruments Sale | 1,151,228 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Product | Lease Income | 17,082 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Product | System Sales | 9,575,370 | USD | 0001213900-26-055403 |
| Q1 2026Quarterly · 2026-03-31 | Product | Warranty Sale | 357,686 | USD | 0001213900-26-055403 |
| FY 2025Yearly · 2025-12-31 | Geography | AE | 31,256 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | CY | 522,329 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | ID | 1,015,221 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | IN | 36,790,658 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | IQ | 766,256 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | NP | 18,710 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | OM | 85,382 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | PH | 2,247,832 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Geography | South America | 1,007,103 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Product | Instruments Sale | 3,183,757 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Product | Lease Income | 70,909 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Product | System Sales | 38,353,048 | USD | 0001213900-26-025440 |
| FY 2025Yearly · 2025-12-31 | Product | Warranty Sale | 877,033 | USD | 0001213900-26-025440 |
| Q3 2025Quarterly · 2025-09-30 | Geography | AE | 8,252 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Geography | ID | 131 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Geography | IN | 12,043,038 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Geography | IQ | 770,593 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Geography | NP | 7,335 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Product | Instruments Sale | 854,440 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Product | Lease Income | 25,135 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Product | System Sales | 11,705,375 | USD | 0001213900-25-103135 |
| Q3 2025Quarterly · 2025-09-30 | Product | Warranty Sale | 244,399 | USD | 0001213900-25-103135 |
| Q2 2025Quarterly · 2025-06-30 | Geography | AE | 7,425 | USD | 0001213900-25-072563 |
| Q2 2025Quarterly · 2025-06-30 | Geography | ID | 167,984 | USD | 0001213900-25-072563 |
| Q2 2025Quarterly · 2025-06-30 | Geography | IN | 7,422,937 | USD | 0001213900-25-072563 |
| Q2 2025Quarterly · 2025-06-30 | Geography | NP | 4,222 | USD | 0001213900-25-072563 |
| Q2 2025Quarterly · 2025-06-30 | Geography | PH | 1,435,817 | USD | 0001213900-25-072563 |
| Q2 2025Quarterly · 2025-06-30 | Geography | South America | 961,920 | USD | 0001213900-25-072563 |
| Q1 2025Quarterly · 2025-03-31 | Geography | AE | 7,355 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Geography | ID | 872,977 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Geography | IN | 4,188,394 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Geography | South America | 51,884 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Product | Instruments Sale | 477,208 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Product | Lease Income | 18,416 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Product | System Sales | 4,502,482 | USD | 0001213900-26-055403 |
| Q1 2025Quarterly · 2025-03-31 | Product | Warranty Sale | 122,504 | USD | 0001213900-26-055403 |
| FY 2024Yearly · 2024-12-31 | Geography | ID | 595,903 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Geography | IN | 19,083,703 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Geography | NP | 501,719 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Geography | South America | 468,203 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Product | Instruments Sale | 942,548 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Product | Lease Income | 71,695 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Product | System Sales | 19,457,767 | USD | 0001213900-26-025440 |
| FY 2024Yearly · 2024-12-31 | Product | Warranty Sale | 177,518 | USD | 0001213900-26-025440 |
| Q3 2024Quarterly · 2024-09-30 | Geography | ID | 602,389 | USD | 0001213900-25-103135 |
| Q3 2024Quarterly · 2024-09-30 | Geography | IN | 3,784,127 | USD | 0001213900-25-103135 |
| Q3 2024Quarterly · 2024-09-30 | Product | Instruments Sale | 337,580 | USD | 0001213900-25-103135 |
| Q3 2024Quarterly · 2024-09-30 | Product | Lease Income | 20,584 | USD | 0001213900-25-103135 |
| Q3 2024Quarterly · 2024-09-30 | Product | System Sales | 3,969,805 | USD | 0001213900-25-103135 |
| Q3 2024Quarterly · 2024-09-30 | Product | Warranty Sale | 58,547 | USD | 0001213900-25-103135 |
| Q2 2024Quarterly · 2024-06-30 | Geography | IN | 4,001,061 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Geography | NP | 508,065 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Product | Instruments Sale | 204,121 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Product | Lease Income | 18,012 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Product | System Sales | 4,258,198 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Product | Warranty Sale | 28,795 | USD | 0001213900-25-072563 |
| Q2 2024Quarterly · 2024-06-30 | Product | Warranty Sales | 28,795 | USD | 0001213900-25-072563 |
| Q1 2024Quarterly · 2024-03-31 | Product | Instruments Sale | 118,515 | USD | 0001213900-25-043327 |
| Q1 2024Quarterly · 2024-03-31 | Product | Lease Income | 15,012 | USD | 0001213900-25-043327 |
| Q1 2024Quarterly · 2024-03-31 | Product | System Sales | 3,494,759 | USD | 0001213900-25-043327 |
| Q1 2024Quarterly · 2024-03-31 | Product | Warranty Sales | 9,407 | USD | 0001213900-25-043327 |
| FY 2023Yearly · 2023-12-31 | Geography | AED | 512,500 | USD | 0001213900-25-031773 |
| FY 2023Yearly · 2023-12-31 | Geography | IN | 5,362,814 | USD | 0001213900-25-031773 |
| FY 2023Yearly · 2023-12-31 | Product | Instruments Sale | 647,766 | USD | 0001213900-25-031773 |
| FY 2023Yearly · 2023-12-31 | Product | System Sales | 5,225,777 | USD | 0001213900-25-031773 |
| FY 2023Yearly · 2023-12-31 | Product | Warranty Sales | 1,771 | USD | 0001213900-25-031773 |
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.