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Cytosorbents Corp
Previous close
$0.92
Day range
$0.81 - $0.92
Year range
$0.70 - $1.82
Market cap
45.72M USD
Avg Volume
160.02K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 9.39M | 6.58% |
Operating expense | 9.61M | -24.74% |
Net income | -2.33M | 74.61% |
Net profit margin | -24.86 | 76.17% |
Earnings per share | -0.08 | 61.90% |
EBITDA | -3.95M | 41.58% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 5.69M | -31.99% |
Total assets | 47.80M | 0.48% |
Total liabilities | 34.80M | 19.76% |
Total equity | 13.00M | — |
Shares outstanding | 54.68M | — |
Price to book | 3.81 | — |
Return on assets | -21.40% | — |
Return on capital | -26.00% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -2.33M | 74.61% |
Cash from operations | -2.46M | 52.73% |
Cash from investing | -298.35K | -15.77% |
Cash from financing | -99.03K | -115.27% |
Net change in cash | -2.77M | 42.13% |
Free cash flow | -1.31M | 53.63% |
About
CytoSorbents Corporation is a publicly traded company located in Princeton, New Jersey.
CytoSorbents sells a cytokine adsorbing column — a blood purification technology based on porous polymer beads that act like sponges in an attempt to remove harmful inflammatory mediators like Cytokines, Bilirubin, Myoglobin from the blood.
The use of hemoperfusion columns is generally limited to patients who are critically ill in high-resource counties, and they require a patient to be connected to a hemofiltration system such as Dialysis, Hemofiltration Cardiopulmonary bypass or ECMO. Other blood purification devices are using different technologies with different performance parameters. This is including polymyxin B hemoperfusion columns, which failed to show significance in a clinical trial for sepsis. The CytoSorb technology has actually the largest body of clinical data confirming safety and efficacy. Clinicaltrials.gov is giving an overview over running research projects.
CytoSorbents was awarded a $3.8 million contract by Defense Advanced Research Projects Agency for its “Dialysis-Like Therapeutics” program to treat sepsis by removing cytokines and pathogen-derived toxins. Wikipedia
Founded
1997
Website
Employees
186