DarioHealth Corp. 2024 10-K: Assets $27.2M, Liabilities $38.4M
Ticker: DRIO · Form: 10-K · Filed: Mar 10, 2025 · CIK: 1533998
| Field | Detail |
|---|---|
| Company | Dariohealth CORP. (DRIO) |
| Form Type | 10-K |
| Filed Date | Mar 10, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, 10-K, liabilities
TL;DR
DarioHealth's 2024 10-K shows $27.2M assets vs $38.4M liabilities. Watch Series D/C deals.
AI Summary
DarioHealth Corp. filed its 2024 10-K on March 10, 2025, reporting total assets of $27.2 million and total liabilities of $38.4 million for the fiscal year ending December 31, 2024. The company, formerly known as LabStyle Innovations Corp., is involved in the surgical and medical instruments sector. Key events include subsequent events related to Series D purchase agreements in January 2025 and Series C purchase agreements in February 2024.
Why It Matters
This filing provides a year-end financial snapshot of DarioHealth Corp., detailing its asset and liability position, which is crucial for investors and creditors to assess the company's financial health and solvency.
Risk Assessment
Risk Level: medium — The company has more liabilities than assets, indicating potential financial strain.
Key Numbers
- $27.2M — Total Assets (As of December 31, 2024)
- $38.4M — Total Liabilities (As of December 31, 2024)
- 20241231 — Fiscal Year End (Reporting period)
- 20250310 — Filing Date (Date the 10-K was submitted)
Key Players & Entities
- DarioHealth Corp. (company) — Filer of the 10-K
- LabStyle Innovations Corp. (company) — Former name of DarioHealth Corp.
- 20241231 (date) — Fiscal year end
- 20250310 (date) — Filing date
- $27.2 million (dollar_amount) — Total assets for FY 2024
- $38.4 million (dollar_amount) — Total liabilities for FY 2024
- 2025-01-07 (date) — Series D purchase agreement date
- 2024-02-01 (date) — Series C purchase agreement date
FAQ
What were DarioHealth Corp.'s total assets and liabilities as of December 31, 2024?
As of December 31, 2024, DarioHealth Corp. reported total assets of $27,191,849 and total liabilities of $38,388,431.
When was the 10-K filing for DarioHealth Corp. submitted?
The 10-K filing for DarioHealth Corp. was submitted on March 10, 2025.
What was DarioHealth Corp.'s former company name?
DarioHealth Corp.'s former company name was LabStyle Innovations Corp., with a name change effective November 1, 2011.
What are the dates associated with the Series D purchase agreements mentioned as subsequent events?
Subsequent events related to Series D purchase agreements occurred on January 7, 2025.
What is the SIC code for DarioHealth Corp. and what industry does it represent?
DarioHealth Corp. has a SIC code of 3841, which corresponds to the 'Surgical & Medical Instruments & Apparatus' industry.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 10, 2025 regarding DarioHealth Corp. (DRIO).