iSpecimen Inc. Files Q2 2024 10-Q
Ticker: ISPC · Form: 10-Q · Filed: 2024-08-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
iSpecimen's Q2 10-Q is out, showing stock, earnings, and capital details. Check it for financial health.
AI Summary
iSpecimen Inc. filed its 10-Q for the period ending June 30, 2024, reporting on its financial performance. The filing details various financial statement line items, including common stock, treasury stock, retained earnings, and additional paid-in capital as of June 30, 2024, and prior periods. It also references an ATM agreement and private placement activities.
Why It Matters
This filing provides investors with a detailed look at iSpecimen's financial health and capital structure as of the second quarter of 2024, crucial for understanding its operational standing and future prospects.
Risk Assessment
Risk Level: medium — The filing contains standard financial reporting details but lacks specific operational or forward-looking statements that would indicate immediate high risk or reward.
Key Numbers
- 2024-06-30 — Reporting Period End Date (This date marks the end of the fiscal quarter for which the financial information is reported.)
- 2024-08-06 — Filing Date (This is the date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- iSpecimen Inc. (company) — Filer of the 10-Q report
- 20240630 (date) — End of the reporting period for the 10-Q
- 20240806 (date) — Filing date of the 10-Q
- 0001558569 (company) — Central Index Key for iSpecimen Inc.
FAQ
What specific financial performance metrics are detailed in the 10-Q for the period ending June 30, 2024?
The filing references financial statement line items such as common stock, treasury stock, retained earnings, and additional paid-in capital as of June 30, 2024, and comparative prior periods.
Does the filing mention any recent financing activities?
Yes, the filing includes references to 'us-gaap:PrivatePlacementMember' and 'srt:MaximumMember ispc:AtmAgreementMember', suggesting private placement and ATM agreement activities.
What is the fiscal year-end for iSpecimen Inc.?
The fiscal year end for iSpecimen Inc. is December 31.
What is the business address and phone number for iSpecimen Inc.?
The business address is 450 Bedford Street, Suite 1010, Lexington, MA 02420, and the business phone number is 781-301-6700.
What is the SIC code for iSpecimen Inc.?
The Standard Industrial Classification (SIC) code for iSpecimen Inc. is 8731, which falls under SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH.
From the Filing
0001558370-24-010936.txt : 20240806 0001558370-24-010936.hdr.sgml : 20240806 20240806063027 ACCESSION NUMBER: 0001558370-24-010936 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240806 DATE AS OF CHANGE: 20240806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSpecimen Inc. CENTRAL INDEX KEY: 0001558569 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 270480143 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40501 FILM NUMBER: 241176959 BUSINESS ADDRESS: STREET 1: 450 BEDFORD STREET STREET 2: SUITE 1010 CITY: LEXINGTON STATE: MA ZIP: 02420 BUSINESS PHONE: 781-301-6700 MAIL ADDRESS: STREET 1: 450 BEDFORD STREET STREET 2: SUITE 1010 CITY: LEXINGTON STATE: MA ZIP: 02420 10-Q 1 ispc-20240630x10q.htm 10-Q 0001558569 --12-31 2024 Q2 false 1 P4Y6M P5Y6M 0 0 P5Y2M 85679 0001558569 us-gaap:PrivatePlacementMember 2024-06-30 0001558569 srt:MaximumMember ispc:AtmAgreementMember 2024-01-01 2024-06-30 0001558569 us-gaap:CommonStockMember 2023-04-01 2023-06-30 0001558569 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001558569 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001558569 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001558569 us-gaap:TreasuryStockCommonMember 2024-06-30 0001558569 us-gaap:RetainedEarningsMember 2024-06-30 0001558569 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001558569 us-gaap:TreasuryStockCommonMember 2024-03-31 0001558569 us-gaap:RetainedEarningsMember 2024-03-31 0001558569 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2024-03-31 0001558569 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001558569 us-gaap:TreasuryStockCommonMember 2023-12-31 0001558569 us-gaap:RetainedEarningsMember 2023-12-31 0001558569 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-12-31 0001558569 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001558569 us-gaap:TreasuryStockCommonMember 2023-06-30 0001558569 us-gaap:RetainedEarningsMember 2023-06-30 0001558569 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-06-30 0001558569 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001558569 us-gaap:TreasuryStockCommonMember 2023-03-31 0001558569 us-gaap:RetainedEarningsMember 2023-03-31 0001558569 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-03-31 0001558569 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001558569 us-gaap:TreasuryStockCommonMember 2022-12-31 0001558569 us-gaap:RetainedEarningsMember 2022-12-31 0001558569 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001558569 us-gaap:CommonStockMember 2024-06-30 0001558569 us-gaap:CommonStockMember 2024-03-31 0001558569 2024-03-31 0001558569 us-gaap:CommonStockMember 2023-12-31 0001558569 us-gaap:CommonStockMember 2023-06-30 0001558569 us-gaap:CommonStockMember 2023-03-31 0001558569 2023-03-31 0001558569 us-gaap:CommonStockMember 2022-12-31 0001558569 ispc:StockIncentivePlan2021Member 2024-04-01 2024-06-30 0001558569 ispc:StockIncentivePlan2021Member 2024-01-01 2024-06-30 0001558569 ispc:StockIncentivePlan2021Member 2023-04-01 2023-06-30 0001558569 ispc:StockIncentivePlan2021Member 2023-01-01 2023-06-30 0001558569 ispc:StockIncentivePlan2013Member 2023-01-01 2023-06-30 0001558569 ispc:StockIncentivePlan2013Member 2015-07-29 2015-07-29 0001558569 us-gaap:WarrantMember 2023-01-01 2023-12-31 0001558569 ispc:StockIncentivePlan2013And2021Member 2023-01-01 2023-12-31 0001558569 us-gaap:WarrantMember 2024-06-30 0001558569 us-gaap:WarrantMember 2023-12-31 0001558569 ispc:StockIncentivePlan2013And2021Member 2023-12-31 0001558569 us-gaap:WarrantMember 2024-01-01 2024-06-30 0001558569 ispc:StockIncentivePlan2013And2021Member 2024-01-01 2024-06-30 0001558569 ispc:StockIncentivePlan2013And2021Member 2024-06-30 0001558569 ispc:St