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Asset logo for symbol HOTH
Hoth Therapeutics
HOTH52
$0.85arrow_drop_up2.35%$0.01
Penny Stock
Asset logo for symbol HOTH
HOTH52

$0.85

arrow_drop_up2.35%

Income Statement (HOTH)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT--$3.29M-$4.10M-$3.39M-$4.19M
EBITDA-$2.13M-$1.64M-$2.05M-$1.69M-$2.09M
gross Profit---$29.76K-$6,752.00
NET Income-$2.13M-$1.63M-$2.04M-$1.70M-$2.08M
total Revenue$0.00$0.00$0.00$59.53K$0.00

Balance Sheet (HOTH)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt-$7.98M-$9.61M-$7.51M-$9.23M-$11.82M
stockholders Equity$7.49M$9.34M$7.83M$8.81M$10.50M
total Assets$8.30M$10.03M$8.49M$9.52M$12.08M
total Debt$33.80K$41.10K$48.22K$55.16K-
total Liabilities$813.03K$691.86K$658.73K$704.98K$1.57M

Cash Flow (HOTH)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$0.00$3.68M$0.00$0.00$2.40M
free Cash Flow-$1.63M-$1.59M-$1.72M-$3.07M-$1.63M
investing Cash Flow-----
operating Cash Flow-$1.63M-$1.59M-$1.72M-$3.07M-$1.63M

Hoth Therapeutics (HOTH) Financials

The income statement for Hoth Therapeutics Inc (HOTH) provides a comprehensive overview of the company's financial performance. It includes various key metrics such as revenue, gross profit, operating expenses, and net income. The revenue represents the total amount of money earned by the company from its sales of products or services. Gross profit is derived by subtracting the cost of goods sold from the revenue. Operating expenses include all costs incurred by the company in order to operate and maintain its business.
EBIT (Earnings Before Interest and Taxes) is a measure of a company's profitability that excludes interest and tax expenses. It is calculated by subtracting operating expenses from gross profit. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is another profitability measure that further excludes depreciation and amortization expenses. It provides a clearer picture of a company's operating performance as it removes non-cash expenses.
Net income from stockholders represents the profit attributable to the company's stockholders after deducting all expenses, including interest and taxes. It is a measure of the overall profitability of the company. Total revenue represents the sum of all income generated by the company from its various sources, including product sales, licensing fees, and other revenue streams.
The balance sheet of Hoth Therapeutics Inc (HOTH) provides a snapshot of the company's financial position at a specific point in time. It lists the company's assets, liabilities, and stockholders' equity. Total assets include all the resources owned by the company, such as cash, inventory, property, and equipment. Total liabilities include all the debts and obligations owed by the company, including loans, accounts payable, and accrued expenses.
Cash equivalents are highly liquid assets that can be readily converted into cash. They are included in the company's balance sheet under current assets. Net debt is calculated by subtracting cash and cash equivalents from total debt. It provides an indication of the company's ability to repay its debt obligations. Stockholders' equity represents the residual value of the company's assets after deducting liabilities. It is the amount that would be left for the stockholders if all the company's assets were sold and all debts were paid off.
Cash flow statement provides information about the flow of cash into and out of the company during a specific period. It consists of three sections: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents the cash generated by the company's core operations, such as sales and collections from customers. Investing cash flow represents the cash used for investing activities, such as purchasing property, plant, and equipment. Financing cash flow represents the cash flow arising from financing activities, such as issuing or repurchasing shares and paying dividends.
Free cash flow is a measure of a company's ability to generate cash after deducting capital expenditures required to maintain or expand its asset base. It is calculated by subtracting capital expenditures from operating cash flow. It provides insight into a company's financial efficiency and potential for growth. Investing cash flow reflects the cash flow related to investments in assets such as property, plant, and equipment.
In conclusion, the financials of Hoth Therapeutics Inc (HOTH) provide important insights into the company's financial performance and health. The income statement, balance sheet, and cash flow statement allow investors and stakeholders to assess the company's profitability, liquidity, and solvency. These financial statements provide a basis for evaluating the company's ability to generate profits, repay debts, and make investments for future growth.
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