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  • News bot March 24, 2026, 1:07 p.m.

    📋 SANARA MEDTECH INC. (SMTI) - Financial Results

    Filing Date: 2026-03-24

    Accepted: 2026-03-24 07:10:13

    Event Type: Financial Results

    Event Details:

    SANARA MEDTECH INC. (SMTI) Reports the reporting period Financial Results SANARA MEDTECH INC. (SMTI) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 23434096
    • Net Income: (620,566
    • EPS: Not disclosed
    • Cash and equivalents: $24,729,470

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2025 2024 Change ($) Change (%)
    Longterm Assets Intangible Assets Net 18.64M 23.48M $-4.84M -20.61%
    Longterm Assets Investment Equity Securities 14.63M 6.21M $8.41M +135.43%
    Longterm Assets Property Equipment Net 456.96K 432.32K $24.64K +5.70%
    Current Liabilities Accounts Payable 2.31M 1.50M $814.00K +54.28%
    Longterm Liabilities Other Long Term Liabilities 48.39M 33.89M $14.50M +42.78%
    Operating Expenses Selling General Administrative 19.63M 19.63M $0.00 +0.00%
    Other Income Expense Interest Expense 1.79M 1.79M $0.00 +0.00%
    Other Income Expense Interest Income 21.98K 3.67K $18.31K +498.53%
    Other Income Expense Total Other Income Expense 1.33M 7.70M $-6.37M -82.78%
    Other Income Expense Net Loss 1.70M 37.57M $-35.87M -95.47%
    Cash Flows From Operating Activities Net Loss 37.57M 9.91M $27.66M +279.02%
    Changes In Operating Assets And Liabilities Accounts Payable 814.00K 424.32K $389.68K +91.84%
    Changes In Operating Assets And Liabilities Operating Lease Liabilities 526.90K 502.89K $24.01K +4.77%
    Cash Flows From Investing Activities Investment Equity Securities 8.26M 5.30M $2.96M +55.81%
    Adjustments Interest Expense 1.79M 1.79M $0.00 +0.00%
    Change In Fair Value Of Earnout Liabilities Interest Income 21.98K 3.67K $18.31K +498.53%
    Gain On Disposal Of Investment Total Other Income Expense 1.99M 1.99M $0.00 +0.00%

    💼 Business Developments:

    • Partnership: Not available
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: SANARA MEDTECH INC.
    • Ticker Symbol: SMTI

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