ReShape Lifesciences

OverviewSuggest Edit

ReShape Lifesciences, a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology, vBloc Therapy is designed to intermittently block the vagus nerve using electrical impulses. The Company develops the vBloc System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness.
TypePublic
Founded2002
HQSan Clemente, USMap
Websitereshapelifesciences.com
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Latest Updates

Employees (est.) (Feb 2018)59
Revenue (FY, 2018)$606.7 K(-52%)
Share Price (Dec 2018)$0.3 (-22%)

Key People/Management at ReShape Lifesciences

Dan Gladney

Dan Gladney

President, CEO, Director and Chairman of the Board
Scott Youngstrom

Scott Youngstrom

Senior Vice President, Finance and Chief Financial Officer
Rajesh Nihalani

Rajesh Nihalani

Chief Technology Officer
A. Ansari

A. Ansari

Vice President of Worldwide Sales
Deborah L. Schmalz

Deborah L. Schmalz

Vice President of Regulatory Affairs, Clinical Research, and Compliance
Vipul Shah

Vipul Shah

Vice President of Operations and R&D
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ReShape Lifesciences Office Locations

ReShape Lifesciences has an office in San Clemente
San Clemente, US (HQ)
1001 Calle Amanecer
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ReShape Lifesciences Financials and Metrics

ReShape Lifesciences Revenue

ReShape Lifesciences's revenue was reported to be $606.71 k in FY, 2018
USD

Revenue (FY, 2018)

606.7k

Gross profit (FY, 2018)

442.4k

Gross profit margin (FY, 2018), %

72.9%

Net income (FY, 2018)

(81.2m)

EBIT (FY, 2018)

(38.5m)

Market capitalization (28-Dec-2018)

820.7k

Closing stock price (28-Dec-2018)

0.3

Cash (31-Dec-2018)

5.5m
ReShape Lifesciences's current market capitalization is $820.7 k.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

311.5k311.5k292.0k786.7k1.3m606.7k

Revenue growth, %

(6%)169%

Cost of goods sold

231.5k125.0k431.5k936.4k164.3k

Gross profit

80.0k167.0k355.2k350.8k442.4k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

79.0k64.0k72.0k276.0k296.8k40.0k93.1k360.0k950.0k653.4k350.2k

Cost of goods sold

30.8k23.3k40.1k155.3k146.6k29.5k54.5k214.5k829.0k634.8k263.9k

Gross profit

48.2k40.7k31.9k120.7k150.1k10.5k38.6k145.5k121.0k18.6k86.3k

Gross profit Margin, %

61%64%44%44%51%26%41%40%13%3%25%
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

23.3m11.6m7.9m3.3m10.2m5.5m

Accounts Receivable

17.7k2.8k57.9k143.7k488.6k916.8k

Inventories

1.1m421.7k1.7m1.8m2.8m984.7k

Current Assets

25.0m13.0m10.5m5.7m13.9m8.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

21.1m24.4m21.7m16.3m11.4m4.8m12.3m11.2m11.5m6.8m18.7m11.2m23.4m841.6k1.9m472.9k

Accounts Receivable

53.3k1.5k112.5k25.1k55.0k182.5k191.7k68.2k109.4k333.1k962.4k446.0k532.1k

Inventories

1.2m1.1m895.3k915.5k1.1m1.3m1.4m1.9m2.0m2.1m1.7m1.4m1.6m2.8m2.1m1.1m

Current Assets

23.1m26.1m22.9m17.4m13.0m6.5m13.9m14.0m14.1m9.5m20.9m13.3m25.6m5.3m5.3m2.7m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(25.8m)(26.1m)(25.5m)(23.4m)(33.8m)(81.2m)

Depreciation and Amortization

174.6k188.9k188.6k139.6k925.5k242.4k

Inventories

143.3k125.1k(705.8k)(103.3k)68.4k2.0m

Accounts Payable

60.7k267.4k(222.6k)1.1m(223.4k)317.1k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(19.2m)(6.7m)(14.2m)(19.9m)(7.2m)(14.6m)(18.7m)(7.4m)(12.4m)(18.9m)(7.4m)(11.2m)(46.5m)(53.5m)

Depreciation and Amortization

124.4k47.5k95.0k141.9k48.7k97.4k146.3k39.4k78.7k109.4k29.1k764.5k1.5m2.3m

Inventories

98.9k36.8k232.7k212.4k(145.8k)(303.9k)(395.5k)(181.9k)(271.5k)(447.5k)86.7k21.8k716.1k1.8m

Accounts Payable

102.9k146.7k60.0k(75.8k)(347.2k)52.5k(198.9k)89.4k184.9k508.8k(778.1k)1.8m3.1m3.3m
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USDY, 2018

Revenue/Employee

10.3k

Financial Leverage

1.5 x
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ReShape Lifesciences Online and Social Media Presence

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ReShape Lifesciences News and Updates

September 26, 2018

Global Intragastric Balloons Market 2018-2022 - Key Vendors are Allurion Technologies, Apollo Endosurgery, Helioscopie, Obalon Therapeutics, ReShape Lifesciences & Spatz FGIA

DUBLIN, Sept. 26, 2018 /PRNewswire/ -- The "Global Intragastric Balloons Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The Global Intragastric Balloons Market to grow at a CAGR of 25.18% during the period 2018-2022. The report has been prepared based on an...
May 14, 2018

ReShape Lifesciences' (RSLS) CEO Dan Gladney on Q1 2018 Results - Earnings Call Transcript

April 02, 2018

ReShape Lifesciences' (RSLS) CEO Dan Gladney on Q4 2017 Results - Earnings Call Transcript

ReShape Lifesciences Blogs

January 26, 2019

ReShape Lifesciences Announces Live Surgery Course for ReShape Vest

ReShape Lifesciences Inc. announced that the Company will be holding a live-surgery surgical training for bariatric surgeons and key opinion leaders who will serve as investigators in the Company's ENDURE II trial in the European Union. The ENDURE II trial is designed to support CE Marking of the Re…

 ReShape Lifesciences Frequently Asked Questions

  • When was ReShape Lifesciences founded?

    ReShape Lifesciences was founded in 2002.

  • Who are ReShape Lifesciences key executives?

    ReShape Lifesciences's key executives are Dan Gladney, Scott Youngstrom and Rajesh Nihalani.

  • How many employees does ReShape Lifesciences have?

    ReShape Lifesciences has 59 employees.

  • What is ReShape Lifesciences revenue?

    Latest ReShape Lifesciences annual revenue is $606.7 k.

  • What is ReShape Lifesciences revenue per employee?

    Latest ReShape Lifesciences revenue per employee is $10.3 k.

  • Who are ReShape Lifesciences competitors?

    Competitors of ReShape Lifesciences include miRagen Therapeutics, Sonendo and Decibel Therapeutics.

  • Where is ReShape Lifesciences headquarters?

    ReShape Lifesciences headquarters is located at 1001 Calle Amanecer, San Clemente.

  • Where are ReShape Lifesciences offices?

    ReShape Lifesciences has an office in San Clemente.

  • How many offices does ReShape Lifesciences have?

    ReShape Lifesciences has 1 office.

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