SMTI RSI Chart
Last 7 days
3.5%
Last 30 days
5.4%
Last 90 days
-15.0%
Trailing 12 Months
-12.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 68.0M | 0 | 0 | 0 |
2023 | 53.6M | 59.6M | 62.6M | 65.0M |
2022 | 26.9M | 30.3M | 37.6M | 45.8M |
2021 | 15.6M | 18.9M | 20.4M | 24.1M |
2020 | 15.8M | 15.7M | 17.1M | 17.1M |
2019 | 6.4M | 7.1M | 8.5M | 11.8M |
2018 | 6.7M | 7.5M | 7.5M | 5.8M |
2017 | 6.0M | 6.2M | 6.4M | 6.3M |
2016 | 3.5M | 4.0M | 4.5M | 5.5M |
2015 | 3.0M | 3.2M | 3.4M | 3.4M |
2014 | 2.0M | 2.2M | 2.4M | 2.6M |
2013 | 1.4M | 1.6M | 1.7M | 1.7M |
2012 | 1.4M | 1.4M | 1.6M | 1.2M |
2011 | 1.2M | 1.6M | 1.9M | 2.2M |
2010 | 0 | 0 | 0 | 910.4K |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 15, 2024 | waldrop jacob a. | acquired | - | - | 3,101 | chief operating officer |
Mar 07, 2024 | mcneil michael d. | acquired | - | - | 4,650 | chief financial officer |
Mar 07, 2024 | fleming zachary b. | acquired | - | - | 12,693 | chief executive officer |
Mar 01, 2024 | mcneil michael d. | sold (taxes) | -50,102 | 38.96 | -1,286 | chief financial officer |
Mar 01, 2024 | fleming zachary b. | sold (taxes) | -66,855 | 38.96 | -1,716 | chief executive officer |
Feb 01, 2024 | mcneil michael d. | sold (taxes) | -13,184 | 33.72 | -391 | chief financial officer |
Feb 01, 2024 | fleming zachary b. | sold (taxes) | -14,398 | 33.72 | -427 | chief executive officer |
Jan 01, 2024 | fleming zachary b. | sold (taxes) | -51,580 | 41.1 | -1,255 | chief executive officer |
Sep 21, 2023 | fleming zachary b. | sold (taxes) | -25,438 | 37.19 | -684 | chief executive officer |
Jun 01, 2023 | ortwein sara n | acquired | - | - | 2,802 | - |
Which funds bought or sold SMTI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | DEUTSCHE BANK AG\ | reduced | -5.27 | -17,563 | 101,750 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -24.26 | -138,748 | 297,406 | -% |
May 15, 2024 | Royal Bank of Canada | added | 551 | 301,000 | 363,000 | -% |
May 15, 2024 | Lee Financial Co | sold off | -100 | -20,550 | - | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -10.23 | -2,081 | 8,769 | -% |
May 15, 2024 | Diametric Capital, LP | reduced | -29.21 | -202,826 | 356,421 | 0.20% |
May 15, 2024 | BARCLAYS PLC | reduced | -49.42 | -120,000 | 100,000 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | reduced | -45.27 | -78,480 | 76,220 | -% |
May 15, 2024 | STEPHENS INC /AR/ | unchanged | - | -37,396 | 337,477 | -% |
May 15, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 5.87 | -11,000 | 215,000 | -% |
Peers (Alternatives to Sanara MedTech Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 181.9B | 40.3B | 32.33 | 4.51 | ||||
BDX | 68.5B | 19.7B | 51.42 | 3.48 | ||||
ALGN | 21.1B | 3.9B | 45.63 | 5.39 | ||||
BAX | 18.1B | 14.9B | 6.82 | 1.21 | ||||
MID-CAP | ||||||||
ATR | 9.8B | 3.5B | 31.2 | 2.75 | ||||
HSIC | 9.6B | 12.5B | 24.67 | 0.77 | ||||
BIO | 8.6B | 2.6B | -26.61 | 3.29 | ||||
XRAY | 5.9B | 3.9B | -62.71 | 1.49 | ||||
AXNX | 3.5B | 387.1M | -216.75 | 8.92 | ||||
PDCO | 2.3B | 6.6B | 11.96 | 0.35 | ||||
SMALL-CAP | ||||||||
AHCO | 1.3B | 3.2B | -1.88 | 0.4 | ||||
ANIK | 386.7M | 169.3M | -5.03 | 2.28 | ||||
ANGO | 254.7M | 324.0M | -1.32 | 0.79 | ||||
APYX | 48.8M | 50.5M | -2.14 | 0.97 | ||||
AEMD | 1.0M | 3.7M | -0.09 | 0.28 |
Sanara MedTech Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.8% | 18,536,638 | 17,689,813 | 16,024,948 | 15,753,164 | 15,521,917 | 15,316,273 | 13,044,571 | 9,670,778 | 7,811,223 | 7,033,408 | 5,823,942 | 6,277,133 | 5,009,436 | 3,305,547 | 4,306,324 | 2,967,183 | 6,491,514 | 3,353,096 | 2,909,282 | 3,017,489 | 2,486,896 |
Cost Of Revenue | 5.7% | 1,890,046 | 1,788,162 | 1,751,349 | 2,187,516 | 2,125,659 | 2,369,123 | 2,228,561 | 958,086 | 805,081 | 782,772 | 517,611 | 536,405 | 474,433 | 489,827 | 447,935 | 348,675 | 330,188 | 299,967 | 285,164 | 334,829 | 289,340 |
Gross Profit | 4.7% | 16,646,592 | 15,901,651 | 14,273,599 | 13,565,648 | 13,396,258 | 12,947,150 | 10,816,010 | 8,712,692 | 7,006,142 | 6,250,636 | 5,306,331 | 5,740,728 | 4,535,003 | 4,299,311 | 3,858,389 | 2,618,508 | 3,194,143 | 3,053,129 | 2,624,118 | 2,682,660 | 2,197,556 |
Operating Expenses | 12.7% | 18,178,299 | 16,127,646 | 15,180,254 | 15,431,828 | 14,612,581 | 16,070,324 | 14,048,152 | 12,097,684 | 9,783,014 | 9,663,041 | 7,160,349 | 6,766,932 | 5,618,533 | 5,151,369 | 5,165,304 | 3,698,248 | 4,990,043 | 4,515,690 | 3,421,337 | 3,005,790 | 2,354,703 |
S&GA Expenses | -0.9% | 16,192,259 | 16,336,329 | 13,877,879 | 13,811,476 | 12,969,069 | 14,110,370 | 12,062,195 | 10,428,133 | 9,375,630 | 9,161,197 | 6,920,105 | 6,562,144 | 5,409,730 | 5,063,389 | 5,072,402 | 3,582,511 | 4,932,151 | 4,418,383 | 3,315,575 | 2,983,248 | 2,350,363 |
R&D Expenses | 45.2% | 946,298 | 651,519 | 986,454 | 1,177,128 | 1,317,324 | 1,034,008 | 1,061,387 | 1,067,000 | 204,637 | 300,837 | 35,674 | 103,981 | 118,212 | 6,217 | 11,022 | 41,516 | 4,387 | - | - | - | - |
EBITDA Margin | 22.0% | -0.04 | -0.05 | -0.11 | -0.15 | -0.21 | -0.25 | -0.27 | -0.25 | -0.21 | -0.24 | -0.11 | -0.02 | -0.03 | - | - | - | - | - | - | - | - |
Interest Expenses | -7.0% | 267,336 | 287,483 | 188,294 | - | 6.00 | 111,630 | 109,689 | 63,427 | - | - | - | - | 711 | 615 | 1,458 | 1,101 | 8,354 | 24,994 | 46,014 | 29,486 | 5,425 |
Income Taxes | - | - | - | - | - | - | - | -1,702,890 | -4,141,906 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | 100.0% | - | -262,444 | -1,094,949 | -1,866,180 | - | -4,163,485 | -3,232,142 | -3,384,992 | - | -3,556,585 | -2,047,861 | - | - | - | - | - | - | - | - | - | - |
EBT Margin | 4.4% | -0.11 | -0.11 | -0.17 | -0.21 | -0.27 | -0.31 | -0.33 | -0.29 | -0.24 | -0.26 | -0.13 | -0.04 | -0.05 | - | - | - | - | - | - | - | - |
Net Income | -787.6% | -1,764,184 | -198,756 | -1,060,370 | -1,866,180 | -1,216,329 | -4,107,139 | -1,470,460 | 756,914 | -3,156,505 | -3,484,704 | -2,047,861 | -1,205,973 | -1,183,376 | -266,453 | -1,208,123 | -1,129,557 | -1,841,012 | 1,550,965 | -836,976 | -352,471 | -162,572 |
Net Income Margin | -7.6% | -0.07 | -0.07 | -0.13 | -0.15 | -0.11 | -0.17 | -0.26 | -0.33 | -0.37 | -0.33 | -0.23 | -0.20 | -0.24 | - | - | - | - | - | - | - | - |
Free Cashflow | -83.9% | -1,660,188 | -902,808 | 893,818 | -1,732,794 | -1,769,018 | -698,380 | -1,655,818 | -1,190,512 | -2,157,175 | -1,926,068 | -1,438,984 | -355,346 | -1,265,995 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -4.0% | 70,912 | 73,871 | 75,474 | 58,279 | 59,967 | 61,035 | 61,477 | 46,478 | 33,934 | 36,396 | 37,928 | 38,785 | 39,018 | 9,826 | 9,652 | 10,090 | 9,525 | 11,117 | 3,480 | 3,257 | 1,709 |
Current Assets | -9.6% | 17,187 | 19,006 | 19,375 | 18,178 | 19,008 | 20,617 | 20,573 | 19,827 | 22,494 | 24,608 | 27,230 | 28,919 | 31,540 | 4,482 | 5,283 | 6,109 | 6,790 | 8,856 | 3,194 | 2,938 | 1,691 |
Cash Equivalents | -45.1% | 2,828 | 5,147 | 6,236 | 6,060 | 7,286 | 8,959 | 10,285 | 12,679 | 16,143 | 18,653 | 22,371 | 24,389 | 27,329 | 455 | 2,120 | 3,305 | 4,022 | 6,612 | 419 | 742 | 176 |
Inventory | -10.4% | 4,229 | 4,718 | 5,021 | 4,421 | 3,432 | 3,549 | 3,734 | 2,312 | 2,171 | 2,048 | 1,552 | 1,538 | 1,179 | 1,148 | 788 | 863 | 1,009 | 747 | 395 | 346 | 465 |
Net PPE | -5.3% | 1,191 | 1,258 | 1,327 | 1,240 | 1,336 | 1,416 | 1,471 | 1,514 | 1,579 | 1,630 | 1,581 | 1,669 | 1,665 | 679 | 209 | 227 | 245 | 205 | 72.00 | 66.00 | 19.00 |
Goodwill | 0% | 3,602 | 3,602 | 3,602 | 3,602 | 3,602 | 3,602 | 3,278 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | -4.7% | 27,900 | 29,283 | 31,376 | 17,314 | 18,489 | 19,315 | 16,829 | 11,027 | 5,418 | 6,244 | 4,505 | 4,127 | 3,546 | 3,986 | 4,088 | 4,477 | 2,968 | 4,725 | 4,567 | 3,990 | 1,123 |
Current Liabilities | -7.4% | 12,746 | 13,768 | 13,227 | 9,881 | 10,602 | 12,806 | 9,206 | 6,930 | 5,231 | 6,022 | 4,158 | 3,746 | 3,133 | 3,540 | 3,093 | 3,588 | 2,517 | 2,640 | 2,896 | 2,313 | 1,123 |
Long Term Debt | -3.8% | 8,768 | 9,113 | 9,458 | - | - | - | - | - | - | - | - | - | - | - | 468 | 393 | - | - | - | - | - |
LT Debt, Current | 60.0% | 929 | 580 | 232 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 9,113 | 9,458 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -4.1% | 43,012 | 44,832 | 44,317 | 40,964 | 41,479 | 41,828 | 44,648 | 39,465 | 28,516 | 30,152 | 33,423 | 34,657 | 35,472 | 5,840 | 5,563 | 5,614 | 6,557 | 6,392 | - | 2.00 | 587 |
Retained Earnings | -6.6% | -29,898 | -28,036 | -27,799 | -26,740 | -24,913 | -23,394 | -19,116 | -21,660 | -18,415 | -15,235 | -11,405 | -9,385 | -8,213 | -7,032 | -6,785 | -5,638 | -4,512 | -2,675 | -375 | -24.29 | 138 |
Additional Paid-In Capital | 0.4% | 73,180 | 72,861 | 72,108 | 67,881 | 66,529 | 65,214 | 64,566 | 57,851 | 47,438 | 45,868 | 45,301 | 44,488 | 44,190 | 13,177 | 12,633 | 11,476 | 11,289 | -2,081 | -12,080 | -12,079 | -10,919 |
Accumulated Depreciation | 11.1% | 1,329 | 1,196 | - | - | - | 740 | - | - | - | 343 | 252 | 160 | 142 | 125 | 107 | 91.00 | 76.00 | 61.00 | 74.00 | 76.00 | 511* |
Shares Outstanding | 1.0% | 8,623 | 8,535 | 8,540 | 8,440 | 8,385 | 8,300 | 8,107 | 7,699 | 7,606 | 7,677 | 7,280 | 7,159 | 6,817 | 6,297 | - | - | - | - | - | - | - |
Minority Interest | -14.3% | -279 | -244 | -219 | -184 | -145 | -107 | -809 | -748 | -515 | -488 | -480 | -452 | -512 | -310 | -290 | -229 | -225 | -221 | -1.05 | - | - |
Float | - | - | - | - | 151,157 | - | - | - | 69,503 | - | - | - | 113,199 | - | - | - | 22,923 | - | - | 6,526 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -87.9% | -1,594 | -848 | 1,064 | -1,719 | -1,741 | -645 | -1,643 | -1,154 | -2,112 | -1,784 | -1,434 | -334 | -1,261 | -591 | -711 | -700 | -2,032 | -833 | -94.31 | -803 | -436 |
Share Based Compensation | -6.6% | 803 | 861 | 858 | 1,127 | 597 | 731 | 683 | 703 | 585 | 1,817 | 229 | 298 | 326 | 530 | 382 | 97.00 | 394 | - | - | - | - |
Cashflow From Investing | -21.3% | -65.82 | -54.28 | -10,113 | -12.94 | -27.05 | -376 | -750 | -2,089 | -294 | -1,491 | -583 | -2,605 | -604 | -1,086 | -500 | -600 | -557 | -515 | -1,164 | -19.87 | 502 |
Cashflow From Financing | -254.4% | -658 | -185 | 9,225 | 507 | 96.00 | -304 | - | -220 | -102 | -442 | - | - | 28,739 | 13.00 | 26.00 | 583 | - | 7,800 | 1,000 | 500 | 500 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.06 | - |
Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net Revenue | $ 18,536,638 | $ 15,521,917 |
Cost of goods sold | 1,890,046 | 2,125,659 |
Gross profit | 16,646,592 | 13,396,258 |
Operating expenses | ||
Selling, general and administrative expenses | 16,192,259 | 12,969,069 |
Research and development | 946,298 | 1,317,324 |
Depreciation and amortization | 1,105,420 | 778,875 |
Change in fair value of earnout liabilities | (65,678) | (452,687) |
Total operating expenses | 18,178,299 | 14,612,581 |
Operating loss | (1,531,707) | (1,216,323) |
Other expense | ||
Interest expense and other | (267,336) | (6) |
Total other expense | (267,336) | (6) |
Net loss | (1,799,043) | (1,216,329) |
Less: Net loss attributable to noncontrolling interest | (34,859) | (38,429) |
Net loss attributable to Sanara MedTech shareholders | $ (1,764,184) | $ (1,177,900) |
Net loss per share of common stock, basic | $ (0.21) | $ (0.14) |
Net loss per share of common stock, diluted | $ (0.21) | $ (0.14) |
Weighted average number of common shares outstanding, basic | 8,419,528 | 8,173,784 |
Weighted average number of common shares outstanding, diluted | 8,419,528 | 8,173,784 |
Consolidated Balance Sheets - USD ($) | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash | $ 2,828,234 | $ 5,147,216 |
Royalty receivable | 49,344 | |
Inventory, net | 4,229,150 | 4,717,533 |
Prepaid and other assets | 911,594 | 608,411 |
Total current assets | 17,186,779 | 19,005,869 |
Long-term assets | ||
Intangible assets, net | 43,953,610 | 44,926,061 |
Goodwill | 3,601,781 | 3,601,781 |
Investment in equity securities | 3,084,278 | 3,084,278 |
Right of use assets – operating leases | 1,894,687 | 1,995,204 |
Property and equipment, net | 1,190,805 | 1,257,956 |
Total long-term assets | 53,725,161 | 54,865,280 |
Total assets | 70,911,940 | 73,871,149 |
Current liabilities | ||
Accrued bonuses and commissions | 6,893,381 | 7,676,770 |
Accrued royalties and expenses | 2,288,428 | 2,047,678 |
Earnout liabilities – current | 979,488 | 1,100,000 |
Current portion of debt | 928,571 | 580,357 |
Operating lease liabilities – current | 377,273 | 361,185 |
Total current liabilities | 12,746,073 | 13,767,877 |
Long-term liabilities | ||
Long-term debt, net of current portion | 8,767,991 | 9,113,123 |
Earnout liabilities – long-term | 2,777,835 | 2,723,001 |
Operating lease liabilities – long-term | 1,626,130 | 1,737,445 |
Other long-term liabilities | 1,982,345 | 1,941,686 |
Total long-term liabilities | 15,154,301 | 15,515,255 |
Total liabilities | 27,900,374 | 29,283,132 |
Commitments and contingencies (Note 8) | ||
Shareholders’ equity | ||
Common Stock: $0.001 par value, 20,000,000 shares authorized; 8,622,739 issued and outstanding as of March 31, 2024 and 8,535,239 issued and outstanding as of December 31, 2023 | 8,623 | 8,535 |
Additional paid-in capital | 73,180,208 | 72,860,556 |
Accumulated deficit | (29,898,146) | (28,036,814) |
Total Sanara MedTech shareholders’ equity | 43,290,685 | 44,832,277 |
Equity attributable to noncontrolling interest | (279,119) | (244,260) |
Total shareholders’ equity | 43,011,566 | 44,588,017 |
Total liabilities and shareholders’ equity | 70,911,940 | 73,871,149 |
Nonrelated Party [Member] | ||
Current assets | ||
Accounts receivable | 9,194,799 | 8,474,965 |
Current liabilities | ||
Accounts payable | 1,191,816 | 1,924,082 |
Related Party [Member] | ||
Current assets | ||
Accounts receivable | 23,002 | 8,400 |
Current liabilities | ||
Accounts payable | $ 87,116 | $ 77,805 |