NeuroPace, Inc.

NPCE

NPCENeuroPace, Inc. US flag

NASDAQ Global Market

15.88

USD

-0.41

- -

541.41MMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	37	41	45	46	65	80	100
+ Sales & Services Revenue	37	41	45	46	65	80	100
- Cost of Revenue	11	11	12	13	17	21	23
+ Cost of Goods & Services	11	11	12	13	17	21	23
Gross Profit	26	30	33	32	48	59	77
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	48	43	57	73	75	81	94
+ Selling, General & Admin	30	28	39	51	55	57	66
+ Research & Development	18	16	18	22	21	24	28
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-22	-13	-24	-41	-27	-22	-16
- Non-Operating (Income) Loss	8	11	12	6	6	5	5
+ Interest Expense, Net	9	11	7	6	5	6	5
+ Interest Expense	9	11	7	8	9	9	7
- Interest Income	- -	- -	- -	2	3	3	3
+ Other Non-Op (Income) Loss	-1	- -	5	- -	- -	- -	- -
Pretax Income	-30	-24	-36	-47	-33	-27	-21
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-30	-24	-36	-47	-33	-27	-21
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-30	-24	-36	-47	-33	-27	-21
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-30	-24	-36	-47	-33	-27	-21
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-30	-24	-36	-47	-33	-27	-21
EBIT	-22	-13	-24	-41	-27	-22	-16
EBITDA	-22	-13	-23	-38	-26	-20	-14
EBITDA Margin (%)	-58.45	-30.97	-51.88	-83.06	-39.08	-24.91	-14.39
EBITA	-22	-13	-24	-41	-27	-22	-16
Gross Margin (%)	71.58	73.59	74	71.38	73.56	73.94	77.23
Operating Margin (%)	-59.59	-31.72	-52.54	-89.62	-41.54	-27.12	-16.34
Profit Margin (%)	-81.07	-59.02	-79.85	-103.43	-50.38	-33.97	-21.47
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	- -	- -	3	2	2	2
Basic Weighted Avg Shares	11	11	17	25	26	29	- -
Basic EPS, GAAP	-2.7	-2.19	-2.17	-1.91	-1.27	-0.93	- -
Basic EPS from Cont Ops	-2.7	-2.19	-2.17	-1.91	-1.27	-0.93	- -
Diluted Weighted Avg Shares	11	11	17	25	26	29	- -
Diluted EPS, GAAP	-2.7	-2.19	-2.17	-1.91	-1.27	-0.93	- -
Diluted EPS from Cont Ops	-2.7	-2.19	-2.17	-1.91	-1.27	-0.93	- -

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	20	55	133	98	93	81	94
+ Cash, Cash Equivalents & STI	5	38	116	77	66	53	61
+ Cash & Cash Equivalents	4	26	19	7	18	13	22
+ ST Investments	1	12	96	71	48	39	39
+ Accounts & Notes Receiv	6	8	7	7	12	13	15
+ Accounts Receivable, Net	6	8	7	7	12	13	15
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Inventories	8	7	8	10	11	13	17
+ Raw Materials	3	2	2	3	4	4	6
+ Work In Process	- -	1	1	2	1	2	3
+ Finished Goods	5	4	5	5	6	7	8
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	2	3	3	2	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1	1	1	16	15	13	11
+ Property, Plant & Equip, Net	1	1	1	16	14	13	11
+ Property, Plant & Equip	9	9	9	25	22	21	19
- Accumulated Depreciation	8	8	8	9	8	8	8
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	1	- -	- -	1	- -	- -
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1	- -	- -	1	- -	- -
Total Assets	21	56	134	114	108	95	106
+ Payables & Accruals	7	7	9	10	14	13	16
+ Accounts Payable	1	1	1	2	2	3	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	6	6	7	7	11	10	13
+ ST Debt	63	2	- -	1	2	2	2
+ ST Borrowings	63	2	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	1	2	2	2
+ Other ST Liabilities	5	1	- -	- -	1	1	- -
+ Deferred Revenue	- -	- -	- -	- -	1	1	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	5	1	- -	- -	- -	- -	- -
Total Current Liabilities	75	10	9	11	16	15	18
+ LT Debt	- -	51	50	68	71	71	69
+ LT Borrowings	- -	51	50	53	57	60	59
+ LT Finance Leases	- -	- -	- -	15	14	12	10
+ Other LT Liabilities	75	143	1	- -	- -	- -	- -
+ Accrued Liabilities	2	1	1	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	74	142	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	75	194	51	68	71	71	69
Total Liabilities	150	204	60	79	87	87	87
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	234	240	498	507	524	539	571
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	234	240	498	507	524	539	571
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-364	-388	-424	-471	-504	-531	-552
+ Other Equity	- -	- -	- -	-1	- -	- -	- -
Equity Before Minority Interest	-129	-148	74	35	21	8	19
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	-129	-148	74	35	21	8	19
Total Liabilities & Equity	21	56	134	114	108	95	106
Shares Outstanding	22	22	24	25	28	30	34
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	17	15	14	12
Net Debt	59	26	31	46	39	46	37
Net Debt to Equity	-45.36	-17.91	41.71	133.16	188.32	575.25	195.43
Tangible Common Equity Ratio	-613.18	-264.22	55.03	30.48	19.19	8.47	18.03
Current Ratio	0.27	5.69	14.28	8.9	5.71	5.37	5.28
Cash Conversion Cycle	- -	278.43	257.85	260.94	232.51	231.09	257.06

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-30	-24	-36	-47	-33	-27	-21
+ Depreciation & Amortization	- -	- -	- -	3	2	2	2
+ Non-Cash Items	5	4	11	12	14	13	13
+ Stock-Based Compensation	1	1	4	8	10	10	11
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3	3	6	3	4	2	1
+ Chg in Non-Cash Work Cap	- -	-2	- -	-5	-2	-5	-4
+ (Inc) Dec in Accts Receiv	-1	-2	1	- -	-5	-1	-2
+ (Inc) Dec in Inventories	-2	1	-1	-2	-2	-2	-4
+ (Inc) Dec in Prepaid Assets	- -	- -	-1	-1	- -	- -	1
+ Inc (Dec) in Accts Payable	2	-1	2	1	4	-1	3
+ Inc (Dec) in Other	1	- -	-1	-2	- -	-2	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-25	-22	-25	-37	-20	-18	-11
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	-1	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	-1	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	109	- -	8	3	20
+ Increase in Capital Stock	- -	- -	109	- -	8	3	70
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	-50
+ Net Change in LT Investment	4	-11	-85	24	23	9	- -
+ Dec in LT Investment	22	6	- -	24	23	9	- -
+ Inc in LT Investment	-18	-17	-85	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	4	-11	-85	24	23	9	- -
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	21	24	-4	- -	- -	- -	-2
+ Cash From Debt	21	67	- -	- -	- -	- -	58
+ Repayments of Debt	- -	-42	-4	- -	- -	- -	-61
+ Other Financing Activities	- -	31	-2	- -	- -	1	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	21	55	103	- -	8	4	20
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	23	-7	-13	11	-5	8
EBITDA	-22	-13	-23	-38	-26	-20	-14
EBITDA Margin (%)	-58.45	-30.97	-51.88	-83.06	-39.08	-24.91	-14.39
Free Cash Flow	-25	-22	-25	-37	-20	-18	-11
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	3	-29	-37	-20	-18	-13
Free Cash Flow per Basic Share	-2.3	-1.95	-1.5	-1.52	-0.77	-0.63	- -
Price/Free Cash Flow	- -	- -	-6.92	-1.01	-13.65	-18.47	- -
Cash Flow to Net Income	0.83	0.89	0.68	0.78	0.6	0.66	0.51
Capital Expenditures	- -	- -	- -	-1	- -	- -	- -