VeriTeQ Corporation

VeriTeQ is a developer and marketer of innovative RFID technologies for implantable medical device identification and radiation dosimeters for use in cancer treatment. Our unique technology is used as a direct mark by medical device companies to identify implantable medical devices, in vivo, on demand, at the point of use, from outside the body. This technology is being used to help medical device manufacturers comply with the FDA’s Unique Device Identification (UDI) legislation. Specific examples include manufacturers of breast implants, vascular ports, pacemakers, as well as hip/knee/shoulder and spine replacements. VeriTeQ’s radiation dosimeters (both wearable and implantable) help radiation oncologists, therapists and physicists know the exact dosage of radiation penetrating a patient at the skin level and at the site of a tumor or tumor area. These medical devices provide cancer specialists with an excellent tool to help ensure patient safety and improve the overall quality of care.

Company Growth (employees)
Type
Public
HQ
Boca Raton, US
Founded
2011
Size (employees)
11 (est)
VeriTeQ Corporation was founded in 2011 and is headquartered in Boca Raton, US

VeriTeQ Corporation Office Locations

VeriTeQ Corporation has an office in Boca Raton
Boca Raton, US (HQ)
19 6560 W Rogers Cir

VeriTeQ Corporation Data and Metrics

VeriTeQ Corporation Financial Metrics

VeriTeQ Corporation's revenue was reported to be $151 k in FY, 2014
USD

Net income (FY, 2015)

(11.1 m)

EBIT (FY, 2015)

(6.4 m)

Market capitalization (19-Jul-2017)

89.6 k

Closing share price (19-Jul-2017)

0.1
VeriTeQ Corporation's current market capitalization is $89.6 k.
USDFY, 2013FY, 2014FY, 2015

Revenue

18 k151 k

Revenue growth, %

739%

Cost of goods sold

7 k

Gross profit

11 k

Gross profit Margin, %

61%

General and administrative expense

6 m5.3 m6.4 m

Operating expense total

6.6 m7.8 m6.4 m

EBIT

(7.7 m)(6.4 m)

EBIT margin, %

(5077%)

Interest expense

4.3 m2.5 m2.4 m

Pre tax profit

(15.1 m)(3.9 m)(12.1 m)

Net Income

(15.1 m)(3.9 m)(11.1 m)
USDFY, 2013FY, 2014FY, 2015

Cash

13 k77 k

Accounts Receivable

11 k

Inventories

21 k2 k

Current Assets

1.2 m186 k12 k

PP&E

4 k35 k

Total Assets

8.2 m1.7 m12 k

Accounts Payable

854 k1.1 m713 k

Current Liabilities

4.3 m7.4 m14.5 m

Additional Paid-in Capital

5.6 m15 m21 m

Retained Earnings

(23.7 m)(37.3 m)

Total Equity

(8.7 m)(16.4 m)

Financial Leverage

-0.2 x0 x
USDFY, 2013FY, 2014FY, 2015

Net Income

(15.1 m)(3.9 m)(11.1 m)

Depreciation and Amortization

595 k

Accounts Receivable

11 k

Accounts Payable

2.9 m

Cash From Operating Activities

(2 m)(2.6 m)(1.2 m)

Purchases of PP&E

(35 k)

Cash From Investing Activities

947 k(35 k)

Short-term Borrowings

(95 k)

Cash From Financing Activities

837 k2.7 m1.1 m

VeriTeQ Corporation Market Value History

VeriTeQ Corporation Online and Social Media Presence

VeriTeQ Corporation Company Life and Culture

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