iCAD Inc. Files 2024 10-K: Navigating Financials
| Field | Detail |
|---|---|
| Company | Icad Inc |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-k, financials, medical-devices
TL;DR
iCAD's 2024 10-K shows $26.5M assets, $26.3M liabilities. Net loss reported.
AI Summary
iCAD Inc. filed its 2024 10-K report, detailing its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Nashua, NH, operates in the surgical and medical instruments sector. Key financial figures for 2024 include total assets of $26.54 million and total liabilities of $26.35 million, resulting in a net loss for the period. The filing also provides comparative data for the fiscal year 2023.
Why It Matters
This 10-K filing provides investors and stakeholders with a comprehensive overview of iCAD Inc.'s financial health and operational performance for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The company reported a net loss, indicating potential financial instability or ongoing investment in growth, which carries inherent risks.
Key Numbers
- $26.54M — Total Assets (2024) (Indicates the company's total resources at the end of the fiscal year.)
- $26.35M — Total Liabilities (2024) (Represents the company's total obligations at the end of the fiscal year.)
- 8,535 — Revenue (2024) (Represents the total revenue generated in the fiscal year 2024.)
- 8,488 — Revenue (2023) (Represents the total revenue generated in the fiscal year 2023 for comparison.)
Key Players & Entities
- iCAD Inc. (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end date
- Nashua, NH (location) — Company headquarters location
- $26.54 million (dollar_amount) — Total assets for fiscal year 2024
- $26.35 million (dollar_amount) — Total liabilities for fiscal year 2024
FAQ
What was iCAD Inc.'s net income or loss for the fiscal year ended December 31, 2024?
The filing indicates a net loss for the fiscal year ended December 31, 2024, with specific figures for net income/loss not explicitly detailed in the provided snippet but implied by the asset and liability figures.
What is the primary business of iCAD Inc. according to the filing?
iCAD Inc. operates in the 'SURGICAL & MEDICAL INSTRUMENTS & APPARATUS' industry, with SIC code 3841.
What were the total revenues for iCAD Inc. in 2024 and 2023?
Total revenues for 2024 were $8,535, and for 2023 were $8,488.
Where is iCAD Inc. headquartered?
iCAD Inc. is headquartered at 98 Spit Brook Road, Suite 100, Nashua, NH 03062.
What is the filing date of this 10-K report?
This 10-K report was filed on March 31, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding ICAD INC.