NAOV (NAOV)
NanoVibronix, Inc.
NASDAQ:NAOVHealthcare · Medical - Devices
Mkt Cap-
Float753K
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.55M
Net Income-$18.18M
Total Assets$41.12M
Free Cash Flow-$9.43M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$117K
Total Equity$33.5M
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
2-year cumulative
1:110
Nasdaq bars a compliance period at 1:250
- 1:10Reverse splitAug 12, 202510 shares → 1
- 1:11Reverse splitMar 14, 202511 shares → 1
- 1:20Reverse splitFeb 9, 202320 shares → 1
Balance Sheet Details
Assets$41.12M
Liabilities$7.63M
Accounts Receivable$391K
Accounts Payable$0
Inventory$2.34M
PP&E (Net)$246K
Goodwill$29.08M
Intangible Assets$4.38M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $2.55M | $2.56M | $2.28M | $752K | $1.7M | $623K | $530K | $318K | $239K | $229K | $147K | $203K | $211K | $166K | $94K |
| YoY Growth | -0.2% | 12.0% | 203.6% | -55.6% | 172.1% | 17.5% | 66.7% | 33.1% | 4.4% | 55.8% | -27.6% | -3.8% | 27.1% | 76.6% | - |
| Cost of Revenue | $2.4M | $1.05M | $746K | $585K | $925K | $409K | $249K | $158K | $88K | $88K | $49K | $93K | $91K | $50K | $29K |
| Gross Profit | $153K | $1.51M | $1.54M | $167K | $770K | $214K | $281K | $160K | $151K | $141K | $98K | $110K | $120K | $116K | $65K |
| Gross Margin | 6.0% | 59.0% | 67.3% | 22.2% | 45.4% | 34.3% | 53.0% | 50.3% | 63.2% | 61.6% | 66.7% | 54.2% | 56.9% | 69.9% | 69.1% |
| Research and Development | $1.76M | $909K | $185K | $283K | $293K | $171K | $514K | $614K | $693K | $584K | $399K | $431K | $620K | $572K | $510K |
| Selling, General, and Administrative | $10.13M | $4.18M | $4.79M | $4.9M | $6.16M | $4.76M | $4.92M | $3.85M | $2.55M | $1.87M | $1.12M | $890K | $610K | $318K | $237K |
| Other | $8.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $20.64M | $5.09M | $4.97M | $5.18M | $6.45M | $4.93M | $5.43M | $4.46M | $3.24M | $2.46M | $1.52M | $1.32M | $1.23M | $890K | $747K |
| Operating Income (EBIT) | -$22.89M | -$3.58M | -$3.44M | -$5.01M | -$5.68M | -$4.72M | -$5.15M | -$4.3M | -$3.09M | -$2.32M | -$1.42M | -$1.21M | -$1.11M | -$774K | -$682K |
| Operating Margin | -896.6% | -140.0% | -150.5% | -666.5% | -335.3% | -757.5% | -971.9% | -1353.1% | -1293.3% | -1011.4% | -968.7% | -596.6% | -526.1% | -466.3% | -725.5% |
| Interest Expense | $0 | $135K | $246K | $347K | $48K | $147K | $62K | $22K | $1.23M | $15K | $65K | $372K | $782K | $498K | $21K |
| Interest Income | $0 | $31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $0 | $1K | $1K |
| Other Income (Expense) | $4.4M | -$104K | -$246K | -$401K | -$8.57M | $408K | -$660K | $22K | -$1.84M | -$398K | -$1.43M | -$1.39M | -$844K | -$501K | -$41K |
| Income Before Tax (EBT) | -$18.49M | -$3.69M | -$3.68M | -$5.41M | -$14.25M | -$4.31M | -$5.81M | -$4.28M | -$4.93M | -$2.71M | -$2.86M | -$2.6M | -$1.95M | -$1.27M | -$723K |
| Income Tax Expense | -$307K | $19K | $29K | $35K | $32K | $15K | -$17K | -$127K | $38K | $117K | $28K | $49K | $35K | $10K | $0 |
| Net Income | -$18.18M | -$3.71M | -$3.71M | -$5.45M | -$14.28M | -$4.33M | -$5.79M | -$4.15M | -$4.96M | -$2.83M | -$2.88M | -$2.65M | -$1.99M | -$1.27M | -$723K |
| Net Income Margin | -712.3% | -144.8% | -162.5% | -724.5% | -842.6% | -694.4% | -1093.2% | -1306.3% | -2077.4% | -1236.2% | -1961.9% | -1303.9% | -942.7% | -768.1% | -769.1% |
| Supplementary Data | |||||||||||||||
| EPS | -28.93 | -13.73 | -21.20 | -38.40 | -113.50 | -84.00 | -167.00 | -128.80 | -200.00 | -123.70 | -163.10 | -202.70 | -152.30 | -97.70 | -55.40 |
| Diluted EPS | -28.93 | -13.73 | -21.20 | -38.40 | -113.50 | -84.00 | -167.00 | -128.80 | -200.00 | -123.70 | -163.10 | -202.70 | -152.30 | -97.70 | -55.40 |
| Weighted Average OS | 628,534 | 269,848 | 175,010 | 141,967 | 125,814 | 51,490 | 34,696 | 32,242 | 24,820 | 22,892 | 17,682 | 13,057 | 13,057 | 13,057 | 13,057 |
| EBITDA | $897K | -$3.69M | -$3.55M | -$5.41M | -$14.25M | -$4.16M | -$5.75M | -$4.28M | -$3.63M | -$2.69M | -$2.38M | -$1.33M | -$1.23M | -$1.01M | -$692K |
| EBITDA Margin | 35.1% | -144.1% | -155.3% | -719.7% | -840.6% | -668.1% | -1084.0% | -1344.3% | -1520.9% | -1175.5% | -1617.0% | -656.2% | -584.8% | -608.4% | -736.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $4.22M | $752K | $3.28M | $2.71M | $7.74M | $7.14M | $1.34M | $896K | $4.36M | $106K | $1.61M | $90K | $94K | $101K | $893K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.22M | $752K | $3.28M | $2.71M | $7.74M | $7.14M | $1.34M | $896K | $4.36M | $106K | $1.61M | $90K | $94K | $101K | $893K |
| Accounts Receivable | $391K | $268K | $425K | $109K | $200K | $93K | $130K | $144K | $35K | $14K | $41K | $40K | $33K | $24K | $45K |
| Inventory | $2.34M | $2.19M | $2.73M | $2.17M | $175K | $145K | $121K | $144K | $76K | $67K | $71K | $35K | $65K | $60K | $0 |
| Other Current Assets | $319K | $98K | $0 | $0 | $64K | $391K | $0 | $0 | $5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $7.27M | $3.33M | $6.49M | $5.61M | $8.34M | $7.97M | $1.84M | $1.23M | $4.52M | $221K | $1.78M | $165K | $224K | $185K | $943K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $246K | $125K | $12K | $88K | $54K | $35K | $4K | $8K | $6K | $11K | $10K | $18K | $23K | $28K | $32K |
| Goodwill | $29.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $4.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $1K | $3K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $145K | $173K | $174K | $179K | $207K | $224K | $194K | $346K | $343K | $262K | $197K | $540K | $444K | $136K | $110K |
| Total Long-Term Assets | $33.85M | $298K | $187K | $270K | $280K | $259K | $198K | $354K | $349K | $273K | $207K | $558K | $467K | $164K | $142K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $41.12M | $3.63M | $6.67M | $5.88M | $8.62M | $8.23M | $2.04M | $1.58M | $4.87M | $494K | $1.98M | $723K | $691K | $349K | $1.08M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $0 | $47K | $138K | $66K | $87K | $144K | $129K | $193K | $168K | $82K | $58K | $101K | $18K | $20K | $19K |
| Short-Term Debt | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.62M | $3.11M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $120K | $260K | $214K | $97K | $84K | $35K | $0 | $0 |
| Current Unearned Revenue | $175K | $15K | $46K | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $84K | $19K | $0 | $0 |
| Other Current Liabilities | $6.4M | $47K | $2.27M | $2.15M | $1.77M | $2.26M | $280K | $447K | $410K | $313K | $144K | $0 | $285K | $24K | $32K |
| Total Current Liabilities | $6.66M | $2.72M | $2.45M | $2.32M | $1.9M | $2.9M | $409K | $640K | $797K | $565K | $297K | $5.42M | $3.56M | $95K | $104K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.95M | $1.45M |
| Long-Term Unearned Revenue | $0 | $0 | $15K | $107K | $0 | $199K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $939K | $216K | $217K | $223K | $406K | $2.72M | $279K | $477K | $434K | $2.43M | $1.9M | $919K | $430K | $140K | $114K |
| Total Long-Term Liabilities | $967K | $280K | $232K | $330K | $406K | $2.93M | $279K | $477K | $434K | $2.43M | $1.9M | $919K | $430K | $2.09M | $1.57M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.63M | $3M | $2.69M | $2.65M | $2.31M | $5.83M | $688K | $1.12M | $1.23M | $2.99M | $2.19M | $6.34M | $3.99M | $2.18M | $1.67M |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $2K | $4K | $2K | $2K | $2K | $2K | $0 | $0 | $0 | $0 |
| Common Stock | $1K | $3K | $2K | $2K | $1K | $22K | $5K | $4K | $4K | $2K | $2K | $734K | $1K | $1K | $1K |
| Retained Earnings | -$90.48M | -$69.8M | -$66.1M | -$62.38M | -$56.94M | -$42.66M | -$38.33M | -$32.54M | -$28.38M | -$22.58M | -$19.73M | -$16.85M | -$14.2M | -$12.21M | -$10.94M |
| Comprehensive Income & Other | -$80K | -$80K | -$67K | -$18K | $60K | $66K | $0 | -$50K | -$45K | -$40K | -$100K | -$91K | -$82K | -$72K | -$63K |
| Other Stockholders' Equity | $123.98M | $70.42M | $70.08M | $65.62M | $63.25M | $45.03M | $39.67M | $32.99M | $32.01M | $20.07M | $19.52M | $10.5M | $10.9M | $10.38M | $10.35M |
| Total Equity | $33.5M | $627K | $3.99M | $3.23M | $6.31M | $2.39M | $1.35M | $463K | $3.63M | -$2.5M | -$209K | -$5.62M | -$3.3M | -$1.83M | -$585K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $41.12M | $3.63M | $6.67M | $5.88M | $8.62M | $8.23M | $2.04M | $1.58M | $4.87M | $494K | $1.98M | $723K | $691K | $349K | $1.08M |
| Supplementary Data | |||||||||||||||
| Total Debt | $117K | $116K | $5K | $81K | $49K | $31K | $0 | $0 | $0 | $0 | $0 | $4.62M | $3.11M | $1.95M | $1.45M |
| Net Debt | -$4.11M | -$636K | -$3.28M | -$2.63M | -$7.69M | -$7.11M | -$1.34M | -$896K | -$4.36M | -$106K | -$1.61M | $4.53M | $3.01M | $1.84M | $559K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | |||||||||||||||
| Net Income | -$18.18M | -$3.71M | -$3.71M | -$5.45M | -$14.28M | -$4.33M | -$5.79M | -$4.15M | -$4.96M | -$2.83M | -$2.88M | -$2.65M | -$1.99M | -$1.27M | -$723K |
| Depreciation & Amortization | $897K | $1K | $1K | $1K | $2K | $2K | $4K | $6K | $5K | $7K | $9K | $9K | $10K | $9K | $10K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $8.53M | -$536K | $598K | $0 | $549K | $0 | $962K | $138K | $77K | $0 | $0 |
| Stock-Based Compensation | $0 | $356K | $293K | $354K | $382K | $376K | $1.75M | $889K | $800K | $508K | $220K | $24K | $479K | $28K | $63K |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | -$179K | $85K | -$309K | $191K | -$175K | $86K | -$16K | -$71K | -$18K | -$1K | $16K | -$8K | -$6K | -$1K | $22K |
| Inventory | $249K | $541K | -$557K | -$2M | -$30K | -$26K | $23K | -$68K | -$9K | $4K | -$36K | $30K | -$5K | -$60K | $51K |
| Accounts Payable | $1.02M | -$91K | $54K | -$21K | -$59K | $15K | -$64K | $25K | $86K | $24K | -$43K | $83K | -$2K | $1K | -$2K |
| Other Working Capital | $0 | $196K | $490K | -$475K | -$230K | $370K | -$390K | -$177K | $173K | $373K | -$173K | $214K | $52K | $17K | -$5K |
| Total Working Capital Change | $0 | $731K | -$322K | -$2.31M | -$494K | $445K | -$447K | -$291K | $232K | $400K | -$236K | $319K | $39K | -$43K | $66K |
| Other Non-Cash Items | $7.92M | $101K | $137K | $363K | $1.5M | $647K | $10K | $1.01M | $1.2M | $383K | $449K | $1.26M | $782K | $494K | $37K |
| Net Cash from Operating | -$9.37M | -$2.52M | -$3.6M | -$7.04M | -$4.37M | -$3.39M | -$3.87M | -$3.55M | -$2.18M | -$1.53M | -$1.48M | -$900K | -$602K | -$787K | -$547K |
| Investing Activities | |||||||||||||||
| Capital Expenditures | -$60K | -$3K | -$1K | -$3K | -$3K | -$2K | $0 | -$8K | $0 | -$8K | -$1K | -$4K | -$5K | -$5K | -$2K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $148K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $88K | -$3K | -$1K | -$3K | -$3K | -$2K | $0 | -$8K | $0 | -$8K | -$1K | -$4K | -$5K | -$5K | -$2K |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | - | - | - | - | -$42K | - | - | -$1.38M | - | - | -$900K | -$600K | - | -$1M |
| Common Stock Issuance | $19.09M | $1K | $4.21M | $2.09M | $4.97M | $9.48M | $630K | $94K | $5.06M | $0 | $3M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $383K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $12.79M | $0 | $7K | $2K | -$388K | $1K | $66K | $94K | $0 | $33K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $12.79M | $1K | $4.22M | $2.09M | $4.58M | $9.52M | $4.32M | $94K | $6.44M | $33K | $3M | $900K | $600K | $0 | $1.32M |
| Forex Effect | $0 | -$13K | -$49K | -$78K | -$6K | $66K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.5M | -$2.53M | $570K | -$5.02M | $204K | $6.2M | $442K | -$3.46M | $4.25M | -$1.51M | $1.52M | -$4K | -$7K | -$792K | $776K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | -$9.37M | -$2.52M | -$3.6M | -$7.04M | -$4.37M | -$3.39M | -$3.87M | -$3.55M | -$2.18M | -$1.53M | -$1.48M | -$900K | -$602K | -$787K | -$547K |
| Capital Expenditure | -$60K | -$3K | -$1K | -$3K | -$3K | -$2K | $0 | -$8K | $0 | -$8K | -$1K | -$4K | -$5K | -$5K | -$2K |
| Free Cash Flow | -$9.43M | -$2.52M | -$3.6M | -$7.04M | -$4.37M | -$3.39M | -$3.87M | -$3.56M | -$2.18M | -$1.54M | -$1.48M | -$904K | -$607K | -$792K | -$549K |
| Cash at Beginning | $752K | $3.28M | $2.71M | $7.74M | $7.53M | $1.34M | $896K | $4.36M | $106K | $1.61M | $90K | $94K | $101K | $893K | $117K |
| Cash at End | $4.25M | $752K | $3.28M | $2.71M | $7.74M | $7.53M | $1.34M | $896K | $4.36M | $106K | $1.61M | $90K | $94K | $101K | $893K |