STSS (STSS)
Sharps Technology, Inc.
NASDAQ:STSSHealthcare · Medical - Instruments & Supplies
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$204K
Net Income-$282.5M
Total Assets$269.08M
Free Cash Flow-$16.72M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$3.08M
Total Equity$264.38M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:300Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:300Reverse splitApr 28, 2025300 shares → 1
- 1:22Reverse splitOct 16, 202422 shares → 1
Balance Sheet Details
Assets$269.08M
Liabilities$4.7M
Accounts Receivable$712K
Accounts Payable$591K
Inventory$645K
PP&E (Net)$81K
Goodwill$0
Intangible Assets$250.11M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $204K | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - |
| Cost of Revenue | $617K | $774K | $891K | $655K | $29K | $11K | $11K |
| Gross Profit | -$413K | -$774K | -$891K | -$655K | -$29K | -$11K | -$11K |
| Gross Margin | -202.5% | - | - | - | - | - | - |
| Research and Development | $199K | -$58K | $729K | $1.63M | $1.69M | $827K | $388K |
| Selling, General, and Administrative | $19.49M | $7.14M | $8.52M | $6.45M | $2.78M | $1.51M | $1.66M |
| Other | -$6.81M | $0 | -$15K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $12.88M | $7.08M | $9.24M | $8.08M | $4.47M | $2.32M | $2.05M |
| Operating Income (EBIT) | -$13.29M | -$7.86M | -$10.13M | -$8.74M | -$4.5M | -$2.33M | -$2.06M |
| Operating Margin | -6512.1% | - | - | - | - | - | - |
| Interest Expense | $417K | $1.71M | $0 | $1.32M | $168K | $0 | $0 |
| Interest Income | $0 | $40K | $138K | $1K | $769 | $3K | $4K |
| Other Income (Expense) | -$257.04M | -$1.47M | $255K | $4.1M | -$167K | -$7K | $4K |
| Income Before Tax (EBT) | -$270.34M | -$9.33M | -$9.87M | -$4.64M | -$4.66M | -$2.34M | -$2.06M |
| Income Tax Expense | $0 | -$30K | -$30K | $0 | $0 | $0 | $0 |
| Net Income | -$282.5M | -$9.3M | -$9.84M | -$4.64M | -$4.66M | -$2.35M | -$2.06M |
| Net Income Margin | -138400.0% | - | - | - | - | - | - |
| Supplementary Data | |||||||
| EPS | -11.16 | -2220.05 | -4983.99 | -3780.28 | -3356.30 | -1683.99 | -1479.06 |
| Diluted EPS | -11.16 | -2220.05 | -4983.99 | -3780.28 | -3356.30 | -1683.99 | -1479.06 |
| Weighted Average OS | 25.31M | 4,187 | 1,974 | 1,227 | 1,389 | 1,389 | 1,389 |
| EBITDA | -$269.74M | -$6.85M | -$8.99M | -$2.66M | -$4.47M | -$2.33M | -$2.04M |
| EBITDA Margin | -132145.5% | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $10.38M | $864K | $3.01M | $4.17M | $1.48M | $1.79M | $636K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $10.38M | $864K | $3.01M | $4.17M | $1.48M | $1.79M | $636K |
| Accounts Receivable | $712K | $102K | $48K | $0 | $0 | $0 | $0 |
| Inventory | $645K | $1.87M | $1.71M | $186K | $122K | $0 | $0 |
| Other Current Assets | -$7.17M | $250K | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $11.23M | $3.17M | $4.84M | $4.42M | $1.61M | $1.84M | $636K |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $81K | $4.04M | $6.82M | $7.34M | $3.76M | $317K | $26K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $250.11M | $33K | $53K | $62K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$250.11M | $72K | $76K | $12K | $530K | $75K | $0 |
| Total Long-Term Assets | $81K | $4.14M | $6.95M | $7.42M | $4.29M | $392K | $26K |
| Other Assets | $257.76M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $269.08M | $7.31M | $11.79M | $11.84M | $5.9M | $2.23M | $661K |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $591K | $977K | $794K | $543K | $804K | $101K | $100K |
| Short-Term Debt | $3.08M | $3.76M | $0 | $0 | $700K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.02M | $99K | $2.42M | $1.15M | $585K | $0 | $0 |
| Total Current Liabilities | $4.7M | $5.19M | $3.69M | $2.01M | $2.77M | $101K | $100K |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $132K | $162K | $192K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $132K | $162K | $192K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.7M | $5.32M | $3.85M | $2.2M | $2.77M | $101K | $100K |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3K | $205 | $2K | $941 | $519 | $460 | $1K |
| Retained Earnings | -$316.95M | -$34.45M | -$25.15M | -$15.31M | -$10.67M | -$6M | -$3.66M |
| Comprehensive Income & Other | $0 | $23K | $592K | $214K | -$32K | $0 | $0 |
| Other Stockholders' Equity | $581.32M | $36.44M | $33.08M | $24.95M | $13.8M | $8.13M | $4.22M |
| Total Equity | $264.38M | $2M | $7.93M | $9.64M | $3.14M | $2.13M | $561K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $269.08M | $7.31M | $11.79M | $11.84M | $5.9M | $2.23M | $661K |
| Supplementary Data | |||||||
| Total Debt | $3.08M | $3.76M | $0 | $0 | $700K | $0 | $0 |
| Net Debt | -$7.3M | $2.9M | -$3.01M | -$4.17M | -$779K | -$1.79M | -$636K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||
| Net Income | -$270.34M | -$9.3M | -$9.84M | -$4.64M | -$4.66M | -$2.34M | -$2.06M |
| Depreciation & Amortization | $133K | $774K | $882K | $655K | $29K | $11K | $11K |
| Deferred Income Tax | $0 | -$30K | -$30K | $0 | $0 | $0 | $26K |
| Stock-Based Compensation | $107.47M | $521K | $963K | $1.01M | $1.2M | $485K | $400 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$204K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$298K | -$351K | -$1.44M | -$34K | -$122K | $0 | $0 |
| Accounts Payable | $238K | $12K | $416K | -$104K | $203K | $759 | $47K |
| Other Working Capital | $3.05M | -$88K | -$95K | -$71K | $32K | -$50K | $25K |
| Total Working Capital Change | $2.79M | -$426K | -$1.12M | -$209K | $113K | -$49K | $72K |
| Other Non-Cash Items | $143.23M | $1.53M | $640K | -$3.25M | $180K | $10K | $373K |
| Net Cash from Operating | -$16.72M | -$6.93M | -$8.51M | -$6.43M | -$3.15M | -$1.88M | -$1.57M |
| Investing Activities | |||||||
| Capital Expenditures | -$170.52M | -$139K | -$698K | -$752K | -$2.27M | -$312K | -$11K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$210K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$18.64M | -$1.02M | $0 | -$2.16M | -$75K | -$75K | $0 |
| Net Cash from Investing | -$189.16M | -$1.16M | -$698K | -$3.12M | -$2.34M | -$387K | -$11K |
| Financing Activities | |||||||
| Debt Repaid | $4.22M | -$2.53M | - | - | - | - | - |
| Common Stock Issuance | $212.1M | $3.37M | $8.03M | $14.2M | $3.38M | $3.42M | $1.82M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$163K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $33K | $0 | $0 | $180K |
| Net Cash from Financing | $215.51M | $5.91M | $8.03M | $12.24M | $5.18M | $3.42M | $1.83M |
| Forex Effect | -$250K | $36K | $18K | $7K | $0 | $0 | -$249K |
| Net Change in Cash | $9.38M | -$2.15M | -$1.16M | $2.69M | -$311K | $1.15M | $636 |
| Supplementary Data | |||||||
| Operating Cash Flow | -$16.72M | -$6.93M | -$8.51M | -$6.43M | -$3.15M | -$1.88M | -$1.57M |
| Capital Expenditure | $3 | -$139K | -$698K | -$752K | -$2.27M | -$312K | -$11K |
| Free Cash Flow | -$16.72M | -$7.07M | -$9.21M | -$7.19M | -$5.42M | -$2.2M | -$1.58M |
| Cash at Beginning | $1M | $3.01M | $4.17M | $1.48M | $1.79M | $636K | $635K |
| Cash at End | $10.38M | $864K | $3.01M | $4.17M | $1.48M | $1.79M | $636K |