A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NVNO SEC filings page.
This page shows enVVeno Medical Corporation (NVNO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
The company is posting narrowing losses with minimal capital spending, but still uses cash to fund its recurring cost base.
Net loss narrowed from$21.8M in FY2024 to$19.5M in FY2025, but operating cash flow remained negative. The FY2025 operating cash flow of-$15.6M was almost entirely free cash flow because capital expenditures were only$5K , showing that cash use reflects ongoing operations rather than a heavy investment build-out.
R&D and SG&A totaled
FY2025 liabilities were
Financial Health Signals
enVVeno Medical Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
enVVeno Medical Corporation passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
enVVeno Medical Corporation reported a net loss of $19.5M while operations used $15.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
enVVeno Medical Corporation reported -$3.6M in net income in Q2 2026. This represents an increase of 46.2% from the same quarter a year earlier. Against the prior quarter it is up 6.5%.
enVVeno Medical Corporation earned -$5.37 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 8.8%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
enVVeno Medical Corporation held $2.8M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
enVVeno Medical Corporation's ROE was -17.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
enVVeno Medical Corporation invested $2.1M in research and development in Q2 2026. This represents a decrease of 28.2% from the same quarter a year earlier. Against the prior quarter it is down 1.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
NVNO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $2.1M-28.2% | $2.1M-17.4% | N/A | $2.6M-9.6% | $2.9M+2.3% | $2.6M-16.2% | N/A | $2.9M+2.2% |
| SG&A Expenses | $1.7M-58.6% | $2.0M-18.6% | N/A | $2.3M-30.6% | $4.2M+58.2% | $2.4M-2.2% | N/A | $3.3M+29.8% |
| Operating Income | -$3.8M+46.1% | -$4.1M+18.0% | N/A | -$4.9M+20.9% | -$7.0M-29.2% | -$5.0M+10.0% | N/A | -$6.2M-15.3% |
| EBITDA | N/A | -$4.0M+18.0% | N/A | -$4.9M+20.8% | -$7.0M-29.8% | -$4.9M+9.8% | N/A | -$6.1M-15.8% |
| Net Income | -$3.6M+46.2% | -$3.8M+14.5% | N/A | -$4.5M+19.5% | -$6.7M-35.1% | -$4.5M+9.8% | N/A | -$5.6M-12.8% |
| EPS (Basic) | -$5.37+53.4% | -$5.89+24.0% | -$32.28-10660.0% | -$0.23+34.3% | -$11.52-3616.1% | -$7.75-2400.0% | -$0.30+6.3% | -$0.35+22.2% |
| EPS (Diluted) | -$5.37 | -$5.89 | -$32.28 | -$0.23+34.3% | -$11.52 | -$7.75 | -$0.30+6.3% | -$0.35+22.2% |
| Diluted Shares (Avg) | 671,000 | 654,000 | N/A | 20M+25.4% | 581,000 | 581,000 | N/A | 16M+43.1% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Interest Expense, Income Tax.
NVNO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $22.7M-38.0% | $26.1M-35.7% | $29.6M-34.2% | $32.4M-35.8% | $36.6M-10.8% | $40.6M-9.5% | $45.0M-7.6% | $50.4M+79.4% |
| Current Assets | $22.1M-38.0% | $25.5M-35.4% | $28.8M-34.1% | $31.5M-35.8% | $35.6M-9.9% | $39.5M-8.7% | $43.7M-6.8% | $49.1M+87.1% |
| Cash & Equivalents | $2.8M+39.0% | $2.6M-11.6% | $3.1M+74.7% | $1.5M-91.4% | $2.0M-14.1% | $2.9M+26.9% | $1.8M-51.5% | $17.9M+262.2% |
| Short-Term Investments | $18.6M-43.7% | $22.3M-38.0% | $25.1M-39.3% | $29.4M-3.5% | $33.1M-9.8% | $36.0M-11.4% | $41.4M-3.3% | $30.5M+46.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.0M-43.5% | $2.4M+3.5% | $2.4M-13.0% | $2.9M-3.8% | $3.5M+36.6% | $2.3M-7.7% | $2.8M+14.8% | $3.0M-5.0% |
| Current Liabilities | $1.9M-37.4% | $2.1M+29.0% | $2.1M+1.3% | $2.4M+7.7% | $3.0M+77.9% | $1.7M+11.7% | $2.1M+52.8% | $2.2M+9.7% |
| Non-Current Liabilities | $103K-79.6% | $207K-66.0% | $310K-55.7% | $505K-36.2% | $505K-42.7% | $609K-37.4% | $700K-34.2% | $791K-31.1% |
| Total Equity | $20.7M-37.5% | $23.7M-38.0% | $27.1M-35.6% | $29.4M-37.8% | $33.1M-14.0% | $38.3M-9.6% | $42.2M-8.7% | $47.4M+90.1% |
| Retained Earnings | -$178.8M-9.6% | -$175.2M-12.0% | -$171.3M-12.8% | -$167.6M-15.1% | -$163.1M-16.5% | -$156.4M-15.8% | -$151.9M-16.8% | -$145.6M-17.1% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NVNO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.5M+4.5% | -$3.2M+19.4% | -$3.4M+32.6% | -$4.4M-2.7% | -$3.7M+4.9% | -$4.0M-13.2% | -$5.1M-2.7% | -$4.3M-1.5% |
| Depreciation & Amortization | N/A | $31K-22.5% | $31K-22.5% | $31K-27.9% | $34K-33.3% | $40K-27.3% | $40K-27.3% | $43K-23.2% |
| Stock-Based Compensation | N/A | $467K-28.3% | N/A | N/A | N/A | $651K-41.6% | N/A | N/A |
| Capital Expenditures | N/A | N/A | $0-100.0% | $0-100.0% | N/A | N/A | $4K0.0% | $9K+200.0% |
| Free Cash Flow | N/A | N/A | -$3.4M+32.6% | -$4.4M-2.5% | N/A | N/A | -$5.1M-2.7% | -$4.3M-1.6% |
| Investing Cash Flow | $3.7M+29.9% | $2.8M-46.7% | $4.2M+137.8% | $3.7M-41.3% | $2.8M-29.0% | $5.2M+136.6% | -$11.1M+50.1% | $6.2M+39.9% |
| Financing Cash Flow | N/A | N/A | $782K | N/A | N/A | N/A | $0 | $13.6M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
NVNO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -17.4%+2.8pp | -16.2%-4.5pp | N/A | -15.4%-3.5pp | -20.3%-7.4pp | -11.8%0.0pp | N/A | -11.9%+8.2pp |
| Return on Assets | -15.9%+2.4pp | -14.8%-3.6pp | N/A | -14.0%-2.8pp | -18.3%-6.2pp | -11.1%0.0pp | N/A | -11.2%+6.6pp |
| Current Ratio | 11.70-0.1x | 11.89-11.9x | 13.58-7.3x | 13.12-8.9x | 11.81-11.5x | 23.77-5.3x | 20.88-13.4x | 22.01+9.1x |
| Debt-to-Equity | 0.100.0x | 0.100.0x | 0.090.0x | 0.100.0x | 0.110.0x | 0.060.0x | 0.070.0x | 0.06-0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| enVVeno Medical Corporation NVNO | FY2025 | N/A | -$19.5M | N/A | $6.1M | — |
| Intelligent Bio Solutions Inc. INBS | FY2026 | $4.2M | -$12.4M | N/A | $5.1M | 40/100 |
| Nexalin Technology, Inc. NXL | FY2025 | $302K | -$8.2M | N/A | $3.8M | — |
| Ainos, Inc. AIMD | FY2025 | $124K | -$14.8M | N/A | $8.9M | — |
| ALLURION TECHNOLOGIES ALUR | FY2025 | $15.2M | -$28.8M | N/A | $10.0M | — |
| Beyond Air, Inc. XAIR | FY2026 | $7.7M | -$33.2M | N/A | $2.2M | 63/100 |
Where enVVeno Medical Corporation Ranks
Frequently Asked Questions
Is enVVeno Medical Corporation profitable?
No, enVVeno Medical Corporation (NVNO) reported a net income of -$19.5M in fiscal year 2025.
What is enVVeno Medical Corporation's EBITDA?
enVVeno Medical Corporation (NVNO) had EBITDA of -$20.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is enVVeno Medical Corporation's return on equity (ROE)?
enVVeno Medical Corporation (NVNO) has a return on equity of -71.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is enVVeno Medical Corporation's free cash flow?
enVVeno Medical Corporation (NVNO) recorded an outflow of $15.6M in free cash flow during fiscal year 2025. This represents a 7.7% 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 enVVeno Medical Corporation's operating cash flow?
enVVeno Medical Corporation (NVNO) recorded an outflow of $15.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are enVVeno Medical Corporation's total assets?
enVVeno Medical Corporation (NVNO) had $29.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are enVVeno Medical Corporation's capital expenditures?
enVVeno Medical Corporation (NVNO) invested $5K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does enVVeno Medical Corporation spend on research and development?
enVVeno Medical Corporation (NVNO) invested $10.0M in research and development during fiscal year 2025.
What is enVVeno Medical Corporation's current ratio?
enVVeno Medical Corporation (NVNO) had a current ratio of 13.58 as of fiscal year 2025, which is generally considered healthy.
What is enVVeno Medical Corporation's debt-to-equity ratio?
enVVeno Medical Corporation (NVNO) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is enVVeno Medical Corporation's return on assets (ROA)?
enVVeno Medical Corporation (NVNO) had a return on assets of -65.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is enVVeno Medical Corporation's P/E ratio?
enVVeno Medical Corporation (NVNO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $6.1M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is enVVeno Medical Corporation's price-to-sales ratio?
enVVeno Medical Corporation (NVNO) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $6.1M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does enVVeno Medical Corporation's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, enVVeno Medical Corporation (NVNO) held $28.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $15.6M over that year. Dividing the one by the other, the reported balance equals about 22 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is enVVeno Medical Corporation's Piotroski F-Score?
enVVeno Medical Corporation (NVNO) has a Piotroski F-Score of 2 out of 6 computable signals; 3 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 enVVeno Medical Corporation's earnings high quality?
enVVeno Medical Corporation (NVNO) reported a net loss of $19.5M while operations used $15.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.