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Spectral Medical Inc (EDT.TO)

Spectral Medical Inc (EDT.TO)
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Spectral Medical Inc is focused on the development and commercialization of a treatment for septic shock utilizing its endotoxin activity assay (EAA) diagnostic and the Toraymyxin therapeutic. The company also manufactures and sells proprietary reagents. The product line of the company consists of proprietary biochemical, EAA, and instrumentation. Its products include an endotoxin activity assay, a rapid in-vitro diagnostic test used to measure endotoxin levels in blood, and a polymyxin B hemoperfusion device designed to remove endotoxin from the bloodstream. The company's proprietary reagents include recombinant proteins, antibodies, and calibrators used in research and diagnostic applications.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 2,442 2,286 1,598 1,667 2,052
Sales Growth +6.82% +43.05% -4.14% -18.76% -2.33%
Net Income -47,692 -15,402 -15,662 -11,250 -8,785
Net Income Growth -209.65% +1.66% -39.22% -28.06% +3.44%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 6,100 5,320 5,211 11,996 11,555
Total Assets Growth +14.66% +2.09% -56.56% +3.82% +41.55%
Total Liabilities 75,822 32,865 21,760 14,519 7,472
Total Liabilities Growth +130.71% +51.03% +49.87% +94.31% -15.40%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -9,524 -8,818 -10,721 -9,928 -8,701
Operating Cash Flow Growth -8.01% +17.75% -7.99% -14.10% -2,585.49%
Net Cash Flow 1,083 36 -5,462 -476 3,139
Change in Net Cash Flow +2,908.33% +100.66% -1,047.48% -115.16% -31.15%
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