NASDAQ : PAVM
PAVmed Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 1.97 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 13.78M
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Financial statements
PAVmed Inc. (PAVM) reported revenue of 112.00K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 112.00K | 71.00K | 3.00M | 2.45M | 377.00K | 500.00K |
| Cost of Revenue | 359.00K | 218.00K | 4.84M | 6.42M | 3.61M | 585.00K |
| Gross Profit | -247.00K | -147.00K | -1.84M | -3.97M | -3.24M | -85.00K |
| Selling, General & Admin | 20.09M | 17.17M | 36.15M | 48.53M | 60.73M | 34.31M |
| Research & Development | 6.37M | 4.49M | 5.93M | 14.28M | 25.34M | 19.85M |
| Amortization of Goodwill & Intangibles | 559.00K | 2.02M | 1.78M | 146.00K | ||
| Operating Expenses | 26.46M | 21.66M | 42.64M | 64.83M | 87.85M | 54.31M |
| Operating Income | -26.70M | -21.81M | -44.49M | -68.80M | -91.09M | -54.39M |
| Interest Expense | -19.00K | -21.00K | -45.00K | -589.00K | -1.28M | |
| Interest & Investment Income | 44.00K | 29.00K | 254.00K | 505.00K | 169.00K | |
| Other Non Operating Income (Expenses) | 16.42M | 14.19M | 3.96M | -7.60M | -4.33M | 1.68M |
| EBT Excluding Unusual Items | -10.26M | -7.61M | -40.32M | -76.48M | -96.53M | -52.71M |
| Gain (Loss) on Sale of Investments | -2.50M | 8.48M | 532.00K | |||
| Gain (Loss) on Sale of Assets | 72.29M | 1.00M | ||||
| Other Unusual Items | -3.67M | -3.35M | -4.07M | -3.78M | -6.71M | -3.42M |
| Pretax Income | -16.43M | -2.47M | 28.43M | -79.26M | -103.24M | -56.13M |
| Earnings From Continuing Operations | -16.43M | -2.47M | 28.43M | -79.26M | -103.24M | -56.13M |
| Minority Interest in Earnings | 4.34M | 2.87M | 11.36M | 15.09M | 14.26M | 5.78M |
| Net Income | -12.09M | 401.00K | 39.79M | -64.17M | -88.98M | -50.35M |
| Preferred Dividends & Other Adjustments | 8.54M | 4.17M | 7.83M | 2.10M | 281.00K | 283.00K |
| Net Income to Common | -20.63M | -3.77M | 31.97M | -66.27M | -89.26M | -50.63M |
| Shares Outstanding (Basic) | 2.37M | 670.47K | 322.41K | 241.05K | 197.95K | 172.26K |
| Shares Outstanding (Diluted) | 2.37M | 670.47K | 2.17M | 241.05K | 197.95K | 172.26K |
| EPS (Basic) | -8.69 | -5.63 | 99.15 | -274.92 | -450.95 | -293.92 |
| EPS (Diluted) | -9.85 | -5.63 | 14.90 | -274.92 | -450.95 | -293.92 |
| Free Cash Flow | -7.78M | -5.24M | -33.61M | -52.28M | -72.53M | -42.06M |
| Free Cash Flow Per Share | -3.28 | -7.81 | -15.46 | -216.88 | -366.39 | -244.17 |
| Gross Margin | -220.54% | -207.04% | -61.60% | -161.83% | -17.00% | |
| Operating Margin | -23,841.96% | -30,712.68% | -1,485.38% | -2,805.67% | -24,161.01% | -10,878.60% |
| Profit Margin | -18,416.96% | -5,315.49% | 1,067.31% | -2,702.69% | -23,677.45% | -10,126.00% |
| Free Cash Flow Margin | -6,948.21% | -7,376.06% | -1,122.17% | -2,132.06% | -19,237.40% | -8,412.00% |
| EBITDA | -26.62M | -21.70M | -43.29M | -65.86M | -88.63M | -54.17M |
| D&A For EBITDA | 79.00K | 105.00K | 1.20M | 2.93M | 2.46M | 226.00K |
| EBIT | -26.70M | -21.81M | -44.49M | -68.80M | -91.09M | -54.39M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.78M | 1.54M | 1.19M | 19.64M | 39.74M | 77.26M |
| Short-Term Investments | 286.00K | 414.00K | 347.00K | 2.67M | 3.00M | 1.99M |
| Cash & Short-Term Investments | 4.07M | 1.95M | 1.53M | 22.31M | 42.75M | 79.25M |
| Receivables | 16.00K | 15.00K | 18.00K | 61.00K | 17.00K | 200.00K |
| Inventory | 212.00K | 239.00K | 266.00K | 539.00K | 261.00K | 526.00K |
| Prepaid Expenses | 346.00K | 212.00K | 233.00K | 848.00K | 300.00K | 1.86M |
| Other Current Assets | 214.00K | 139.00K | 115.00K | 739.00K | 599.00K | 808.00K |
| Total Current Assets | 4.86M | 2.56M | 2.16M | 24.50M | 43.93M | 82.64M |
| Property, Plant & Equipment | 1.81M | 2.08M | 2.65M | 6.05M | 5.49M | 1.58M |
| Long-Term Investments | 33.49M | 34.12M | 25.64M | |||
| Other Intangible Assets | 1.42M | 3.44M | 2.03M | |||
| Other Long-Term Assets | 51.00K | 56.00K | 208.00K | 1.15M | 1.12M | 725.00K |
| Total Assets | 40.21M | 38.81M | 30.66M | 33.12M | 53.98M | 86.98M |
| Accounts Payable | 1.06M | 678.00K | 657.00K | 1.79M | 2.70M | 3.30M |
| Accrued Expenses | 2.46M | 1.72M | 4.81M | 5.75M | 3.69M | 4.23M |
| Short-Term Debt | 11.10M | 29.10M | 44.20M | 33.65M | ||
| Current Portion of Leases | 570.00K | 573.00K | 513.00K | 1.56M | 1.14M | |
| Other Current Liabilities | 769.00K | 362.00K | 873.00K | 10.00K | 25.00K | |
| Total Current Liabilities | 4.09M | 14.84M | 35.45M | 54.18M | 41.20M | 7.56M |
| Long-Term Debt | 15.10M | |||||
| Long-Term Leases | 1.40M | 1.68M | 2.25M | 2.96M | 1.85M | |
| Total Liabilities | 20.91M | 16.51M | 37.69M | 57.14M | 43.05M | 7.56M |
| Common Stock | 6.00K | 1.00K | 1.00K | 9.00K | 6.00K | 86.00K |
| Additional Paid-In Capital | 295.70M | 268.02M | 249.15M | 237.60M | 216.19M | 198.07M |
| Retained Earnings | -264.50M | -258.73M | -254.97M | -294.43M | -228.17M | -138.91M |
| Treasury Stock | -408.00K | |||||
| Total Common Equity | 31.20M | 9.29M | -5.81M | -56.82M | -12.38M | 59.25M |
| Minority Interest | -15.74M | -11.67M | -4.54M | 29.81M | 20.61M | 17.75M |
| Shareholders' Equity | 19.31M | 22.30M | -7.03M | -24.02M | 10.93M | 79.42M |
| Total Liabilities & Equity | 40.21M | 38.81M | 30.66M | 33.12M | 53.98M | 86.98M |
| Total Debt | 17.07M | 13.35M | 31.86M | 48.73M | 36.64M | |
| Net Cash (Debt) | -13.00M | -11.40M | -30.33M | -26.41M | 6.11M | 79.25M |
| Net Cash Per Share | -5.48 | -17.00 | -13.95 | -109.58 | 30.88 | 460.05 |
| Filing Date Shares Outstanding | 6.99M | 6.32M | 559.57K | 305.74K | 218.71K | 194.82K |
| Total Common Shares Outstanding | 6.27M | 927.93K | 373.30K | 285.95K | 210.02K | 191.93K |
| Working Capital | 770.00K | -12.28M | -33.28M | -29.68M | 2.73M | 75.08M |
| Book Value Per Share | 4.98 | 10.01 | -15.57 | -198.72 | -58.93 | 308.69 |
| Tangible Book Value | 31.20M | 9.29M | -5.81M | -58.25M | -15.82M | 57.22M |
| Tangible Book Value Per Share | 4.98 | 10.01 | -15.57 | -203.70 | -75.33 | 298.12 |
| Machinery | 1.43M | 1.40M | 3.48M | 3.23M | 1.68M | |
| Construction In Progress | 2.00K | 2.00K | 16.00K | 30.00K | 38.00K | |
| Leasehold Improvements | 1.00K | 1.00K | 2.00K | 2.00K | 2.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.09M | 401.00K | 39.79M | -64.17M | -88.98M | -50.35M |
| Depreciation & Amortization | 79.00K | 105.00K | 1.20M | 2.93M | 2.46M | 226.00K |
| Loss (Gain) From Sale of Assets | -72.29M | -1.00M | ||||
| Asset Writedown & Restructuring Costs | 133.00K | |||||
| Loss (Gain) From Sale of Investments | 2.50M | -8.48M | -532.00K | |||
| Stock-Based Compensation | 4.07M | 2.21M | 7.05M | 11.76M | 19.53M | 15.01M |
| Other Operating Activities | -2.58M | 461.00K | -9.28M | -3.15M | -3.27M | -4.05M |
| Change in Accounts Receivable | -13.00K | 3.00K | 43.00K | -44.00K | 183.00K | -200.00K |
| Change in Accounts Payable | 670.00K | 24.00K | -59.00K | -918.00K | -742.00K | 174.00K |
| Change in Other Net Operating Assets | -364.00K | 71.00K | 528.00K | 2.55M | -157.00K | -1.54M |
| Operating Cash Flow | -7.73M | -5.21M | -33.55M | -52.04M | -70.98M | -40.59M |
| Capital Expenditures | -52.00K | -31.00K | -55.00K | -242.00K | -1.54M | -1.47M |
| Sale of Property, Plant & Equipment | 1.00M | |||||
| Divestitures | -16.48M | |||||
| Sale (Purchase) of Intangibles | 350.00K | -3.20M | -2.25M | |||
| Investing Cash Flow | -52.00K | -31.00K | -16.18M | 758.00K | -4.74M | -3.72M |
| Long-Term Debt Issued | 10.00M | 35.23M | ||||
| Total Debt Issued | 15.00M | 10.00M | 35.23M | |||
| Long-Term Debt Repaid | -531.00K | -79.00K | -14.97M | |||
| Net Debt Issued (Repaid) | 3.85M | -531.00K | 9.92M | 35.23M | -14.97M | |
| Issuance of Common Stock | 3.21M | 1.66M | 1.79M | 739.00K | 126.26M | |
| Repurchase of Common Stock | -366.00K | |||||
| Other Financing Activities | -2.00K | 2.38M | 30.16M | 19.46M | 2.61M | -6.98M |
| Financing Cash Flow | 7.56M | 5.59M | 31.28M | 31.17M | 38.21M | 104.31M |
| Net Cash Flow | -220.00K | 353.00K | -18.45M | -20.11M | -37.51M | 60.00M |
| Free Cash Flow | -7.78M | -5.24M | -33.61M | -52.28M | -72.53M | -42.06M |
| Free Cash Flow Margin | -6,948.21% | -7,376.06% | -1,122.17% | -2,132.06% | -19,237.40% | -8,412.00% |
| Free Cash Flow Per Share | -3.28 | -7.81 | -15.46 | -216.88 | -366.39 | -244.17 |
| Levered Free Cash Flow | -11.93M | -14.00M | -20.32M | -27.92M | -39.42M | -22.18M |
| Unlevered Free Cash Flow | -11.92M | -13.98M | -20.29M | -27.55M | -38.62M | -22.18M |
| Change in Working Capital | 293.00K | 98.00K | 512.00K | 1.59M | -716.00K | -1.57M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 13.36M | 6.10M | 6.95M | 33.17M | 44.98M | 216.32M |
| Enterprise Value | 26.35M | 29.35M | 39.34M | 82.43M | 44.97M | 181.69M |
| Last Close Price | 1.95 | 6.62 | 18.83 | 106.53 | 186.18 | 954.15 |
| PE Ratio | 0.22 | |||||
| PS Ratio | 121.75 | 85.95 | 2.32 | 13.53 | 119.31 | 432.64 |
| PB Ratio | 0.39 | 0.27 | -0.99 | -1.38 | 4.11 | 2.72 |
| P/TBV Ratio | 0.44 | 0.66 | 3.78 | |||
| EV/Sales Ratio | 237.80 | 413.40 | 13.14 | 33.62 | 119.28 | 363.39 |
| Debt / Equity Ratio | 0.88 | 0.60 | -4.53 | -2.03 | 3.35 | |
| Net Debt / Equity Ratio | 0.67 | 0.51 | -4.31 | -1.10 | -0.56 | -1.00 |
| Net Debt / EBITDA Ratio | -0.49 | -0.53 | -0.70 | -0.40 | 0.07 | 1.46 |
| Net Debt / FCF Ratio | -1.67 | -2.18 | -0.90 | -0.51 | 0.08 | 1.88 |
| Asset Turnover | 0.00 | 0.00 | 0.09 | 0.06 | 0.01 | 0.01 |
| Inventory Turnover | 1.52 | 0.86 | 12.03 | 16.05 | 9.18 | 0.85 |
| Quick Ratio | 1.00 | 0.13 | 0.04 | 0.41 | 1.04 | 10.51 |
| Current Ratio | 1.19 | 0.17 | 0.06 | 0.45 | 1.07 | 10.93 |
| Return on Equity (ROE) | -64.78% | -32.34% | -228.52% | -142.19% | ||
| Return on Assets (ROA) | -39.69% | -39.23% | -87.19% | -98.73% | -80.78% | -63.69% |
| Return on Capital Employed (ROCE) | -73.90% | -91.00% | 929.50% | 326.70% | -712.70% | -68.50% |
| Earnings Yield | -515.83% | 6.57% | 572.90% | -193.48% | -197.84% | -23.28% |
| FCF Yield | -57.07% | -85.82% | -483.89% | -157.61% | -161.25% | -19.44% |
| Buyback Yield / Dilution | 18.99% | 69.15% | -801.63% | -21.78% | -14.91% | -63.42% |