Innerscope Hear Financials

INND

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2020 Currency USD FYE December

This page shows Innerscope Hear (INND) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI INND FY2020 2026-04-22

Shrinking revenue and vanishing liquidity left the company dependent on outside financing to cover operating cash burn.

In the latest year, financing cash flow of $530K almost matched operating cash burn of $524K, so fresh capital was effectively paying the operating bills. Because revenue had been shrinking for several years, the lower burn points more to a smaller operating footprint than to a business that had begun funding itself.

With only $3K of cash against $10.4M of current liabilities, short-term liquidity was essentially absent and routine obligations could not be buffered internally. Combined with negative equity, the balance sheet could function only if creditors or new funders kept extending time and capital.

A gross margin of 58.6% sat close to the earlier 59.1%, which suggests the product-level economics were not the main reason profits vanished. The more revealing mechanic is under-absorption of overhead: too little revenue to carry fixed costs, while financing needs continued to drain cash.

Financial Health Signals

Financial health score pending refresh

We are recalculating Innerscope Hear's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-25.73

Innerscope Hear scores -25.73, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($39K) relative to total liabilities ($12.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

2/8

Innerscope Hear passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.11x

For every $1 of reported earnings, Innerscope Hear generates $0.11 in operating cash flow (-$524K OCF vs -$5.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$166K

YoY-80.4%

5Y CAGR-28.2%

Innerscope Hear generated $166K in revenue in fiscal year 2020. This represents a decrease of 80.4% from the prior year.

EBITDA

-$1.1M

YoY+69.2%

Innerscope Hear's EBITDA was -$1.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 69.2% from the prior year.

Net Income

-$5.0M

YoY+37.5%

Innerscope Hear reported -$5.0M in net income in fiscal year 2020. This represents an increase of 37.5% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$531K

YoY+82.2%

Innerscope Hear generated -$531K in free cash flow in fiscal year 2020, representing cash available after capex. This represents an increase of 82.2% from the prior year.

Cash & Debt

$3K

YoY-24.9%

5Y CAGR-45.2%

Innerscope Hear held $3K in cash against $0 in long-term debt as of fiscal year 2020.

Dividends Per Share

N/A

Shares Outstanding

3.63B

YoY+960.6%

5Y CAGR+126.5%

Innerscope Hear had 3.63B shares outstanding in fiscal year 2020. This represents an increase of 960.6% from the prior year.

Margins & Returns

Gross Margin

58.6%

YoY+17.2pp

5Y CAGR-25.0pp

Innerscope Hear's gross margin was 58.6% in fiscal year 2020, indicating the percentage of revenue retained after direct costs. This is up 17.2 percentage points from the prior year.

Operating Margin

-740.0%

YoY-297.9pp

Innerscope Hear's operating margin was -740.0% in fiscal year 2020, reflecting core business profitability. This is down 297.9 percentage points from the prior year.

Net Margin

-2982.2%

YoY-2046.7pp

5Y CAGR-2990.3pp

Innerscope Hear's net profit margin was -2982.2% in fiscal year 2020, showing the share of revenue converted to profit. This is down 2046.7 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$7K

YoY-85.3%

Innerscope Hear invested $7K in capex in fiscal year 2020, funding long-term assets and infrastructure. This represents a decrease of 85.3% from the prior year.

INND Income Statement

Metric	FY20	FY19	FY18	FY17	FY16	FY15
Revenue	$166K-80.4%	$847K+160.7%	$325K-31.0%	$471K-75.2%	$1.9M+117.5%	$872K
Cost of Revenue	$69K-86.2%	$497K+173.4%	$182K-38.0%	$293K-62.2%	$777K+441.2%	$143K
Gross Profit	$97K-72.2%	$350K+144.7%	$143K-19.3%	$177K-84.2%	$1.1M+53.8%	$729K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$662K-58.0%	$1.6M+2.0%	$1.5M+139.1%	$646K+5.5%	$612K+26.2%	$485K
Operating Income	-$1.2M+67.2%	-$3.7M-38.3%	-$2.7M-120.8%	-$1.2M-2848.3%	$45K	N/A
Interest Expense	N/A	N/A	-$1.3M-1542.3%	-$77K-3498.1%	-$2K	N/A
Income Tax	N/A	N/A	N/A	N/A	$37K+117.1%	$17K
Net Income	-$5.0M+37.5%	-$7.9M-72.8%	-$4.6M-139.6%	-$1.9M-2843.4%	$70K-1.6%	$71K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'20	Q3'20	Q2'20	Q1'20	Q4'19	Q3'19	Q2'19	Q1'19
Revenue	$22K-54.0%	$47K+198.7%	$16K-80.5%	$81K-57.3%	$190K-24.2%	$251K+14.2%	$220K+17.8%	$187K
Cost of Revenue	$6K+0.6%	$6K-28.5%	$8K-83.9%	$49K-76.7%	$212K+105.7%	$103K+3.6%	$99K+20.8%	$82K
Gross Profit	$16K-61.4%	$42K+427.3%	$8K-75.1%	$32K+245.7%	-$22K-114.7%	$148K+22.9%	$120K+15.4%	$104K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$102K-49.6%	$203K+38.2%	$147K-30.5%	$211K-32.8%	$314K-32.2%	$463K+6.4%	$435K+19.6%	$364K
Operating Income	-$149K+51.7%	-$308K+7.0%	-$331K+25.0%	-$442K+55.8%	-$998K-16.7%	-$855K+16.1%	-$1.0M-16.8%	-$873K
Interest Expense	N/A	N/A	N/A	N/A	N/A	-$1.1M-52.3%	-$728K-43.8%	-$507K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$745K-65.3%	-$451K-118.5%	$2.4M+139.4%	-$6.2M-110.6%	-$2.9M-100.0%	-$1.5M+2.2%	-$1.5M+24.8%	-$2.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

INND Balance Sheet

Metric	FY20	FY19	FY18	FY17	FY16	FY15
Total Assets	$1.7M-47.0%	$3.2M+9.8%	$2.9M+91.8%	$1.5M+129.9%	$656K+235.2%	$196K
Current Assets	$23K-84.5%	$151K-74.7%	$598K+114.4%	$279K-56.8%	$646K+242.3%	$189K
Cash & Equivalents	$3K-24.9%	$4K-94.9%	$88K+3.7%	$85K-82.8%	$494K+627.5%	$68K
Inventory	$5K-75.1%	$19K-79.5%	$92K+1435.7%	$6K+156.7%	$2K	N/A
Accounts Receivable	$12K-75.7%	$51K+737.0%	$6K-52.8%	$13K	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.0M+23.8%	$9.7M+109.0%	$4.7M+55.9%	$3.0M+611.2%	$419K+1351.4%	$29K
Current Liabilities	$10.4M+29.7%	$8.0M+118.0%	$3.7M+85.4%	$2.0M+374.0%	$419K+1351.4%	$29K
Long-Term Debt	N/A	N/A	$965K-1.8%	$982K	N/A	N/A
Total Equity	-$10.4M-58.2%	-$6.5M-272.2%	-$1.8M-19.3%	-$1.5M-723.5%	$237K+41.8%	$167K
Retained Earnings	-$19.3M-34.6%	-$14.3M-124.4%	-$6.4M-256.6%	-$1.8M-1514.7%	$126K+123.3%	$57K

Metric	Q4'20	Q3'20	Q2'20	Q1'20	Q4'19	Q3'19	Q2'19	Q1'19
Total Assets	$1.7M-39.6%	$2.8M-2.7%	$2.9M-4.4%	$3.0M-5.6%	$3.2M-24.8%	$4.2M+0.9%	$4.2M+5.6%	$4.0M
Current Assets	$23K-19.5%	$29K+2.2%	$28K-39.5%	$47K-68.9%	$151K-78.4%	$700K+17.5%	$596K-7.7%	$646K
Cash & Equivalents	$3K-29.3%	$5K-55.9%	$11K-9.4%	$12K+166.2%	$4K-57.4%	$10K+108.8%	$5K-85.6%	$35K
Inventory	$5K-19.4%	$6K+300.8%	$1K-82.2%	$8K-56.7%	$19K-86.0%	$134K+13.4%	$118K-11.1%	$133K
Accounts Receivable	$12K-14.1%	$14K+18.9%	$12K-33.7%	$18K-64.1%	$51K+58.5%	$32K+43.0%	$23K-6.9%	$24K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.0M-3.0%	$12.4M+3.1%	$12.0M-18.9%	$14.8M+52.7%	$9.7M+18.5%	$8.2M+4.0%	$7.9M+17.9%	$6.7M
Current Liabilities	$10.4M-2.8%	$10.7M+4.4%	$10.3M-22.5%	$13.2M+64.7%	$8.0M+27.4%	$6.3M+6.2%	$5.9M+20.9%	$4.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$954K-0.2%	$957K-0.4%	$961K
Total Equity	-$10.4M-7.6%	-$9.6M-4.9%	-$9.2M+22.5%	-$11.8M-81.0%	-$6.5M-64.2%	-$4.0M-7.4%	-$3.7M-35.8%	-$2.7M
Retained Earnings	-$19.3M-4.0%	-$18.5M-2.5%	-$18.1M+11.9%	-$20.5M-43.4%	-$14.3M-25.9%	-$11.4M-14.9%	-$9.9M-18.0%	-$8.4M

INND Cash Flow Statement

Metric	FY20	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	-$524K+82.1%	-$2.9M-151.0%	-$1.2M-50.1%	-$776K-282.3%	$426K+500.6%	$71K
Capital Expenditures	$7K-85.3%	$50K+598.4%	$7K+136.8%	$3K+13.2%	$3K	N/A
Free Cash Flow	-$531K+82.2%	-$3.0M-153.8%	-$1.2M-50.5%	-$779K-284.2%	$423K	N/A
Investing Cash Flow	-$7K+87.7%	-$59K+69.9%	-$197K+3.3%	-$203K-231051.1%	-$88+97.8%	-$4K
Financing Cash Flow	$530K-81.7%	$2.9M+112.5%	$1.4M+139.2%	$571K	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'20	Q3'20	Q2'20	Q1'20	Q4'19	Q3'19	Q2'19	Q1'19
Operating Cash Flow	-$62K-291.1%	-$16K+93.7%	-$251K-29.6%	-$194K+69.9%	-$644K-7.3%	-$600K+33.1%	-$897K-14.3%	-$785K
Capital Expenditures	$2K	$0-100.0%	$3K+0.2%	$3K	$0-100.0%	$3K-88.5%	$29K+67.1%	$17K
Free Cash Flow	-$64K-303.2%	-$16K+93.7%	-$254K-29.2%	-$197K+69.5%	-$644K-6.7%	-$603K+34.8%	-$926K-15.4%	-$802K
Investing Cash Flow	$12K	$0+100.0%	-$16K-503.2%	-$3K-119.2%	$14K+516.8%	-$3K+92.3%	-$43K-63.2%	-$27K
Financing Cash Flow	$49K+398.2%	$10K-96.3%	$266K+30.5%	$204K-67.3%	$624K+2.5%	$609K-33.1%	$910K+20.0%	$759K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

INND Financial Ratios

Metric	FY20	FY19	FY18	FY17	FY16	FY15
Gross Margin	58.6%+17.2pp	41.4%-2.7pp	44.1%+6.4pp	37.7%-21.4pp	59.1%-24.5pp	83.5%
Operating Margin	-740.0%-297.9pp	-442.1%+391.7pp	-833.7%-573.1pp	-260.6%-263.0pp	2.4%	N/A
Net Margin	-2982.2%-2046.7pp	-935.5%+475.9pp	-1411.3%-1004.8pp	-406.6%-410.2pp	3.7%-4.4pp	8.1%
Return on Equity	N/A	N/A	N/A	N/A	29.5%-13.0pp	42.5%
Return on Assets	-294.3%-44.7pp	-249.6%-91.1pp	-158.5%-31.6pp	-126.9%-137.5pp	10.6%-25.6pp	36.2%
Current Ratio	0.00-0.0	0.02-0.1	0.16+0.0	0.14-1.4	1.54-5.0	6.53
Debt-to-Equity	N/A	N/A	N/A	N/A	1.77+1.6	0.17
FCF Margin	-319.6%+31.7pp	-351.3%+9.7pp	-360.9%-195.4pp	-165.6%-187.9pp	22.3%	N/A

Metric	Q4'20	Q3'20	Q2'20	Q1'20	Q4'19	Q3'19	Q2'19	Q1'19
Gross Margin	73.8%-14.2pp	88.0%+38.1pp	49.8%+10.7pp	39.1%+50.6pp	-11.5%-70.4pp	58.9%+4.2pp	54.7%-1.1pp	55.8%
Operating Margin	-682.5%-31.9pp	-650.7%+1437.8pp	-2088.4%-1544.2pp	-544.2%-19.1pp	-525.1%-184.1pp	-341.0%+122.7pp	-463.8%+4.0pp	-467.8%
Net Margin	-3420.0%-2467.2pp	-952.9%-16369.1pp	15416.2%+23058.0pp	-7641.8%-6093.5pp	-1548.4%-961.4pp	-587.0%+98.3pp	-685.3%+388.6pp	-1073.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-44.3%-28.1pp	-16.2%-101.4pp	85.3%+292.2pp	-206.9%-114.2pp	-92.7%-57.8pp	-34.9%+1.1pp	-36.0%+14.6pp	-50.6%
Current Ratio	0.000.0	0.000.0	0.000.0	0.00-0.0	0.02-0.1	0.11+0.0	0.10-0.0	0.13
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-294.3%-260.7pp	-33.6%+1569.6pp	-1603.2%-1360.8pp	-242.4%+96.3pp	-338.7%-98.1pp	-240.6%+181.0pp	-421.5%+8.7pp	-430.2%

Note: Shareholder equity is negative (-$10.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Innerscope Hear's annual revenue?

Innerscope Hear (INND) reported $166K in total revenue for fiscal year 2020. This represents a -80.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Innerscope Hear's revenue growing?

Innerscope Hear (INND) revenue declined by 80.4% year-over-year, from $847K to $166K in fiscal year 2020.

Is Innerscope Hear profitable?

No, Innerscope Hear (INND) reported a net income of -$5.0M in fiscal year 2020, with a net profit margin of -2982.2%.

What is Innerscope Hear's EBITDA?

Innerscope Hear (INND) had EBITDA of -$1.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization.

What is Innerscope Hear's gross margin?

Innerscope Hear (INND) had a gross margin of 58.6% in fiscal year 2020, indicating the percentage of revenue retained after direct costs of goods sold.

What is Innerscope Hear's operating margin?

Innerscope Hear (INND) had an operating margin of -740.0% in fiscal year 2020, reflecting the profitability of core business operations before interest and taxes.

What is Innerscope Hear's net profit margin?

Innerscope Hear (INND) had a net profit margin of -2982.2% in fiscal year 2020, representing the share of revenue converted into profit after all expenses.

What is Innerscope Hear's free cash flow?

Innerscope Hear (INND) generated -$531K in free cash flow during fiscal year 2020. This represents a 82.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Innerscope Hear's operating cash flow?

Innerscope Hear (INND) generated -$524K in operating cash flow during fiscal year 2020, representing cash generated from core business activities.

What are Innerscope Hear's total assets?

Innerscope Hear (INND) had $1.7M in total assets as of fiscal year 2020, including both current and long-term assets.

What are Innerscope Hear's capital expenditures?

Innerscope Hear (INND) invested $7K in capital expenditures during fiscal year 2020, funding long-term assets and infrastructure.

How many shares does Innerscope Hear have outstanding?

Innerscope Hear (INND) had 3.63B shares outstanding as of fiscal year 2020.

What is Innerscope Hear's current ratio?

Innerscope Hear (INND) had a current ratio of 0.00 as of fiscal year 2020, which is below 1.0, which may suggest potential liquidity concerns.

What is Innerscope Hear's return on assets (ROA)?

Innerscope Hear (INND) had a return on assets of -294.3% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.

What is Innerscope Hear's cash runway?

Based on fiscal year 2020 data, Innerscope Hear (INND) had $3K in cash against an annual operating cash burn of $524K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Innerscope Hear's debt-to-equity ratio negative or not reported?

Innerscope Hear (INND) has negative shareholder equity of -$10.4M as of fiscal year 2020, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Innerscope Hear's Altman Z-Score?

Innerscope Hear (INND) has an Altman Z-Score of -25.73, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Innerscope Hear's Piotroski F-Score?

Innerscope Hear (INND) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Innerscope Hear's earnings high quality?

Innerscope Hear (INND) has an earnings quality ratio of 0.11x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.