Inspiremd, Inc. income statement
In fiscal 2025, Inspiremd, Inc. reported revenue of $9.0m, up 28.1% on the year before, operating income of −$49.6m (a -552.6% margin) and net income of −$48.8m, or −$0.76 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 5 | 6 | 5 | 5 | 3 | 2 | 2 | 3 | 4 | 4 | 2 | 4 | 5 | 6 | 7 | 9 | 11 |
| Cost of revenue | 2 | 3 | 3 | 3 | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 4 | 4 | 4 | 6 | 6 | 9 |
| Gross profit | 1 | 2 | 3 | 3 | 3 | 1 | −0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 3 | 2 |
| Research and development | 1 | 1 | 2 | 4 | 4 | 9 | 4 | 1 | 1 | 2 | 3 | 2 | 5 | 8 | 8 | 14 | 15 | 16 |
| Selling and marketing | 1 | 1 | 2 | 2 | 4 | 7 | 3 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 6 | 17 | 20 |
| General and administrative | 1 | 3 | 12 | 14 | 9 | 9 | 6 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 11 | 15 | 21 | 19 |
| Operating income | −3 | −3 | −14 | −18 | −15 | −24 | −14 | −8 | −8 | −8 | −10 | −10 | −15 | −19 | −21 | −34 | −50 | −54 |
| Interest expense | 0 | 0 | 1 | 1 | 4 | 1 | 1 | 1 | 0 | — | — | — | — | — | — | — | — | — |
| Income before tax | −3 | −3 | −15 | −18 | −29 | −25 | −16 | −8 | −8 | −7 | −10 | −11 | −15 | −18 | −20 | −32 | −49 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −3 | −3 | −15 | −18 | −29 | −25 | −16 | −8 | −8 | −7 | −10 | −11 | −15 | −18 | −20 | −32 | −49 | −52 |
| Diluted EPS | −$0.00 | −$0.00 | −$30.00 | −$8.67 | −$11.58 | −$5.91 | −$3.72 | −$13.85 | −$2.33 | −$1.11 | −$0.32 | −$0.46 | −$0.68 | −$0.78 | −$0.82 | −$0.76 | −$0.76 | −$0.65 |
| Diluted shares (average) | — | — | — | 2,005m | 3m | 4m | 4m | — | 6m | 7m | 31m | 23m | 22m | 24m | 24m | 42m | 64m | 81m |
| EBITDA | −3 | −3 | −14 | −17 | −15 | −23 | −14 | −8 | −8 | −7 | −10 | −10 | −15 | 169 | 211 | 246 | 426 | 423 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 |
| Cost of revenue | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Gross profit | 0 | 0 | 0 | 0 | 1 | 1 | 1 | −1 |
| Research and development | 4 | 4 | 4 | 4 | 4 | 3 | 5 | 4 |
| Selling and marketing | 1 | 2 | 3 | 4 | 4 | 5 | 5 | 5 |
| General and administrative | 3 | 4 | 5 | 5 | 6 | 5 | 5 | 4 |
| Operating income | −8 | −9 | −11 | −13 | −13 | −12 | −14 | −14 |
| Net income | −8 | −9 | −11 | −13 | −13 | −12 | −14 | −14 |
| Diluted EPS | −$0.16 | −$0.18 | $0.22 | −$0.26 | −$0.17 | −$0.12 | −$0.16 | −$0.17 |
| EBITDA | −8 | 270 | −11 | −13 | −13 | 464 | −14 | −14 |
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