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Tearlab Corp (TEAR)

Tearlab Corp (TEAR)
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TearLab Corporation is an ophthalmic device company developing and commercializing novel, lab-on-a-chip technologies that enable eye care practitioners to test for highly sensitive and specific biomarkers in tears at the point-of-care. The Company is commercializing a proprietary in vitro diagnostic tear testing platform, the TearLabTM Osmolarity System, which is capable of accurately and rapidly measuring biomarkers in tears at the point-of-care. The TearLabTM System requires nanoliters of tears for testing, potentially reducing collection time and simplifying the tear collection process. TearLab Corporation, formerly known as OccuLogix Inc., is headquartered in San Diego, California.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Sales 22,660 25,000 27,120 28,010 25,160
Sales Growth -9.36% -7.82% -3.18% +11.33% +27.59%
Net Income -5,420 -2,250 -16,100 -19,920 -33,230
Net Income Growth -140.89% +86.02% +19.18% +40.05% -40.09%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Total Assets 14,290 14,510 14,350 26,630 28,350
Total Assets Growth -1.52% +1.12% -46.11% -6.07% -8.64%
Total Liabilities 40,310 35,180 32,910 32,350 32,590
Total Liabilities Growth +14.58% +6.90% +1.73% -0.74% +390.08%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Operating Cash Flow -950 2,660 -9,660 -12,520 -23,700
Operating Cash Flow Growth -135.71% +127.54% +22.84% +47.17% -30.43%
Net Cash Flow -1,370 1,200 -8,200 1,630 -2,500
Change in Net Cash Flow -214.17% +114.63% -603.07% +165.20% +88.34%
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