Sharps Technology Inc Financials
This page shows Sharps Technology Inc (STSSW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Financial Health Signals
Sharps Technology Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Sharps Technology Inc generates $0.75 in operating cash flow (-$6.9M OCF vs -$9.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Sharps Technology Inc earns $-5.8 in operating income for every $1 of interest expense (-$9.6M vs $1.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Sharps Technology Inc's EBITDA was -$8.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.2% from the prior year.
Sharps Technology Inc generated -$7.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 23.2% from the prior year.
Sharps Technology Inc reported -$9.3M in net income in fiscal year 2024. This represents an increase of 5.5% from the prior year.
Sharps Technology Inc earned $-7.40 per diluted share (EPS) in fiscal year 2024. This represents an increase of 55.4% from the prior year.
Sharps Technology Inc held $864K in cash against $0 in long-term debt as of fiscal year 2024.
Sharps Technology Inc had 6,827 shares outstanding in fiscal year 2024. This represents a decrease of 99.0% from the prior year.
Sharps Technology Inc invested $2.5M in research and development in fiscal year 2024. This represents an increase of 54.0% from the prior year.
Sharps Technology Inc invested $139K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 80.1% from the prior year.
STSSW Income Statement
| Metric | Q3'25 | Q2'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $84K-62.5% | $223K | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $1.3M-0.1% | $1.3M | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | -$1.2M-13.3% | -$1.0M | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $152K+147.5% | $61K-25.1% | $82K | N/A | $146K-19.2% | $180K-8.7% | $197K | N/A |
| SG&A Expenses | $110.7M+5688.0% | $1.9M-1.4% | $1.9M | N/A | $1.9M+7.4% | $1.7M+5.7% | $1.6M | N/A |
| Operating Income | -$102.6M-3314.2% | -$3.0M-48.7% | -$2.0M | N/A | -$2.0M-4.9% | -$1.9M-4.2% | -$1.8M | N/A |
| Interest Expense | $68K-29.4% | $97K+115.5% | -$627K | N/A | -$71K-107.1% | $1.0M+5156.8% | $19K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$105.3M-3059.4% | $3.6M+84.5% | $1.9M | N/A | -$1.7M+19.8% | -$2.1M-114.0% | -$982K | N/A |
| EPS (Diluted) | $-4.33 | $3.58 | $38.62 | N/A | $-379.55 | $-643.64-85.2% | $-347.50 | N/A |
STSSW Balance Sheet
| Metric | Q3'25 | Q2'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $444.0M+2498.5% | $17.1M-9.7% | $18.9M+158.6% | $7.3M-35.0% | $11.3M+13.3% | $9.9M+1.3% | $9.8M-16.8% | $11.8M |
| Current Assets | $39.7M+277.9% | $10.5M-26.3% | $14.2M+348.9% | $3.2M-31.8% | $4.7M+31.8% | $3.5M+10.0% | $3.2M-33.6% | $4.8M |
| Cash & Equivalents | $10.5M+26.4% | $8.3M-30.0% | $11.9M+1276.7% | $864K-65.1% | $2.5M+66.7% | $1.5M+27.2% | $1.2M-61.3% | $3.0M |
| Inventory | $745K-54.3% | $1.6M-20.7% | $2.1M+10.1% | $1.9M-7.5% | $2.0M+7.1% | $1.9M+2.4% | $1.8M+7.8% | $1.7M |
| Accounts Receivable | N/A | $136K | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.7M+322.1% | $2.5M-71.0% | $8.8M+65.1% | $5.3M+12.0% | $4.7M+74.9% | $2.7M-7.8% | $2.9M-23.7% | $3.9M |
| Current Liabilities | $10.6M+339.8% | $2.4M-72.1% | $8.6M+66.8% | $5.2M+13.1% | $4.6M+79.6% | $2.6M-8.2% | $2.8M-24.7% | $3.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $433.2M+2879.5% | $14.5M+43.5% | $10.1M+407.7% | $2.0M-69.3% | $6.5M-9.9% | $7.2M+5.2% | $6.9M-13.5% | $7.9M |
| Retained Earnings | -$134.3M-363.8% | -$29.0M+10.9% | -$32.5M+5.6% | -$34.4M-15.1% | -$29.9M-6.0% | -$28.2M-8.0% | -$26.1M-3.9% | -$25.1M |
STSSW Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.4M-287.7% | -$1.9M+22.2% | -$2.5M-39.4% | -$1.8M-6.9% | -$1.6M-0.2% | -$1.6M+13.2% | -$1.9M+20.0% | -$2.4M |
| Capital Expenditures | $1.4M-22.9% | $1.9M+1967.8% | $90K+30.7% | $69K+37.5% | $50K+204.8% | $17K+478.6% | $3K | N/A |
| Free Cash Flow | -$8.8M-133.9% | -$3.8M-48.6% | -$2.5M-39.1% | -$1.8M-7.8% | -$1.7M-2.3% | -$1.7M+12.5% | -$1.9M | N/A |
| Investing Cash Flow | -$187.5M-12520.0% | -$1.5M-213.7% | -$474K-406.7% | -$93K-85.8% | -$50K+95.1% | -$1.0M-35541.8% | -$3K+98.9% | -$267K |
| Financing Cash Flow | $196.8M | $0-100.0% | $14.0M+6895.4% | $199K-92.7% | $2.7M-8.0% | $3.0M+750392.9% | $396 | $0 |
| 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 |
STSSW Financial Ratios
| Metric | Q3'25 | Q2'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -1398.7%-935.4pp | -463.4% | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -122747.9%-121398.1pp | -1349.8% | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -125963.6%-127561.7pp | 1598.1% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | 24.5%+5.4pp | 19.0% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -23.7%-44.6pp | 20.8%+10.6pp | 10.2% | N/A | -15.0%+6.2pp | -21.2%-11.2pp | -10.0% | N/A |
| Current Ratio | 3.74-0.6 | 4.35+2.7 | 1.65+1.0 | 0.61-0.4 | 1.01-0.4 | 1.38+0.2 | 1.15-0.2 | 1.31 |
| Debt-to-Equity | 0.02-0.2 | 0.18-0.7 | 0.87-1.8 | 2.66+1.9 | 0.73+0.4 | 0.38-0.1 | 0.43-0.1 | 0.49 |
| FCF Margin | -10559.0%-8864.2pp | -1694.8% | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.61), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Sharps Technology Inc profitable?
No, Sharps Technology Inc (STSSW) reported a net income of -$9.3M in fiscal year 2024.
What is Sharps Technology Inc's earnings per share (EPS)?
Sharps Technology Inc (STSSW) reported diluted earnings per share of $-7.40 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Sharps Technology Inc's EBITDA?
Sharps Technology Inc (STSSW) had EBITDA of -$8.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sharps Technology Inc's free cash flow?
Sharps Technology Inc (STSSW) generated -$7.1M in free cash flow during fiscal year 2024. This represents a 23.2% 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 Sharps Technology Inc's operating cash flow?
Sharps Technology Inc (STSSW) generated -$6.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Sharps Technology Inc's total assets?
Sharps Technology Inc (STSSW) had $7.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Sharps Technology Inc's capital expenditures?
Sharps Technology Inc (STSSW) invested $139K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Sharps Technology Inc spend on research and development?
Sharps Technology Inc (STSSW) invested $2.5M in research and development during fiscal year 2024.
How many shares does Sharps Technology Inc have outstanding?
Sharps Technology Inc (STSSW) had 6,827 shares outstanding as of fiscal year 2024.
What is Sharps Technology Inc's current ratio?
Sharps Technology Inc (STSSW) had a current ratio of 0.61 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Sharps Technology Inc's debt-to-equity ratio?
Sharps Technology Inc (STSSW) had a debt-to-equity ratio of 2.66 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sharps Technology Inc's return on assets (ROA)?
Sharps Technology Inc (STSSW) had a return on assets of -127.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Sharps Technology Inc's cash runway?
Based on fiscal year 2024 data, Sharps Technology Inc (STSSW) had $864K in cash against an annual operating cash burn of $6.9M. This gives an estimated cash runway of approximately 1 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.
What is Sharps Technology Inc's Piotroski F-Score?
Sharps Technology Inc (STSSW) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sharps Technology Inc's earnings high quality?
Sharps Technology Inc (STSSW) has an earnings quality ratio of 0.75x, 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.
Can Sharps Technology Inc cover its interest payments?
Sharps Technology Inc (STSSW) has an interest coverage ratio of -5.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.