CTSO
Cytosorbents Corporation0.6400
+0.0139+2.22%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
40.19MP/E (TTM)
-Basic EPS (TTM)
-0.18Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
CytoSorbents posted Q3 revenue of $9.5M, up 10% y/y from $8.6M, with gross margin expanding to 70% from 61% on lower costs; YTD revenue hit $27.8M, +5% y/y, while operating loss narrowed to $10.4M from $13.1M as R&D fell 31%. Net loss swung to $2.7M YTD profit from $13.2M loss, thanks to $9.1M foreign currency gain, though Q3 showed $3.2M loss versus $2.8M prior; diluted EPS -$0.05/-$0.04 reconciles to 62.8M/62.0M shares. Cash sits at $7.5M with $14.6M long-term debt (maturing 2027); operating cash burn eased to $7.6M YTD from $12.6M (derived). Rights offering added $5.4M net earlier. Nasdaq bid price compliance looms.
8-K
Q3 revenue up 10%, costs cut
CytoSorbents posted Q3 revenue of $9.5M, up 10% year-over-year, with gross margins jumping to 70% from 61%. They amended their Avenue credit deal for $2.5M immediate cash—pro forma cash $11.6M—and cut workforce 10% to hit cash-flow breakeven by Q1 2026. DrugSorb-ATR De Novo meeting looms Q4 2025. Balance sheet bolsters run-way.
8-K
Nasdaq bid price deficiency notice
8-K
DrugSorb-ATR refiling planned
CytoSorbents issued a regulatory update on September 16, 2025, opting against a final FDA appeal for DrugSorb-ATR after constructive talks, choosing instead to refile a new De Novo application with fresh real-world data supporting ticagrelor removal in urgent CABG surgery. FDA confirmed no safety issues and proposed an expedited Breakthrough Device review, targeting a mid-2026 decision. Path clear. Canada filing deferred pending FDA clarity.
8-K
FDA upholds DrugSorb-ATR denial
CytoSorbents' FDA appeal on August 14, 2025, cleared DrugSorb-ATR's safety but upheld the De Novo denial for ticagrelor removal in CABG surgery, demanding more label support. FDA proposed a path forward; Company pursues talks and weighs CDRH appeal within 30 days. Safety affirmed. Regulatory hurdles persist.
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