DermTech, Inc. (CNAC) [Rocket]

Overview

DermTech, Inc. (CNAC)

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Recent News + Filings (All items)

Date Filed	Type	Description
08/11/2023	144	Form 144 - Report of proposed sale of securities:
08/07/2023	S-8	Form S-8 - Securities to be offered to employees in employee benefit plans:
08/03/2023	10-Q	Quarterly Report for the period ended June 30, 2023
08/03/2023	8-K	Quarterly results
07/13/2023	144	Form 144 - Report of proposed sale of securities:
07/13/2023	8-K/A	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
06/28/2023	8-K	Cost Associated with Exit or Disposal Activities, Departure of Directors or Certain Officers; Election of Directors; Appointm...

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Mar-31-19	Dec-31-18	Mar-31-18	Dec-31-17
Revenues	14.5	11.8	5.9	3.4	0.0	2.4	0.0	1.7
Revenue growth	22.6%	101.2%	74.9%	37.8%		42.1%
Cost of goods sold	13.9	10.6	6.0	3.3	0.0	2.6	0.0	2.6
Gross profit	0.6	1.3	-0.1	0.1	0.0	-0.2	0.0	-0.9
Gross margin	4.5%	10.8%	-1.6%	1.8%		-7.6%		-49.7%
Selling, general and administrative					2.0		0.3
Sales and marketing	58.7	37.6	16.1	6.3		2.8		2.9
Research and development	24.1	16.3	5.3	2.5		2.1		2.0
General and administrative	36.1	24.8	13.8	8.9		3.5		2.6
EBIT	-118.2	-77.4	-35.3	-17.6	-2.0	-8.6	-0.3	-8.4
EBIT margin	-813.9%	-653.8%	-599.6%	-523.3%		-350.5%		-486.1%
Pre-tax income	-116.7	-78.3	-36.5	-20.1	0.9	-10.0	0.9	0.0
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-116.7	-78.3	-36.5	-20.1	0.9	-10.0	0.9	0.0
Net margin	-803.7%	-661.7%	-619.8%	-598.4%		-409.7%		0.0%

Diluted EPS	($3.88)	($2.71)	($2.15)	($2.87)	$0.18	($2.27)	$0.18	$0.00
Shares outstanding (diluted)	30.0	28.9	17.0	7.0	5.1	4.4	4.7	4,407.1

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.