SONX Chart
About

Sonendo, Inc., a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment technology platform designed for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure. The company also offers SoundSeal, a material used to build and create a sealing platform on the top of the crown; and Sonendo-branded liquid solution of ethylenediaminetetraacetic acid EDTA that is used to help debride and disinfect the root canal system. In addition, it provides The Digital Office, a practice management software to enable an integrated digital office for endodontists. The company was formerly known as Dentatek Corporation and changed its name to Sonendo, Inc. in March 2011. Sonendo, Inc. was incorporated in 2006 and is headquartered in Laguna Hills, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 76.93K
Enterprise Value 6.30M Income -33.54M Sales 31.70M
Book/sh 12.15 Cash/sh 27.20 Dividend Yield —
Payout 0.00% Employees 129 IPO —
P/E — Forward P/E -1.06 PEG —
P/S 0.00 P/B 0.01 P/C —
EV/EBITDA -0.22 EV/Sales 0.20 Quick Ratio 0.77
Current Ratio 1.40 Debt/Eq 343.81 LT Debt/Eq —
EPS (ttm) -70.63 EPS next Y -0.17 EPS Growth —
Revenue Growth -29.00% Earnings 2025-03-26 16:00 ROA -33.32%
ROE -199.59% ROIC — Gross Margin 37.98%
Oper. Margin -65.48% Profit Margin -88.43% Shs Outstand 427.40K
Shs Float 424.38K Short Float 0.60% Short Ratio 1.56
Short Interest — 52W High 2.39 52W Low 0.02
Beta 3.70 Avg Volume 706.00 Volume 100.00
Target Price — Recom None Prev Close $0.23
Price $0.18 Change -21.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.18
Latest analyst target
3. DCF / Fair value
$-538.99
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.18
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-03-12 down Stifel Buy → Hold $0
2023-11-10 main Goldman Sachs Buy → Buy $2
2023-11-09 main Piper Sandler Neutral → Neutral $0
2023-11-09 main Goldman Sachs Buy → Buy $2
2023-11-09 main Morgan Stanley Equal-Weight → Equal-Weight $5
2023-11-01 main Stifel Buy → Buy $1
2023-08-11 main Goldman Sachs Buy → Buy $2
2023-08-10 main Goldman Sachs Buy → Buy $2
2023-08-10 down Piper Sandler Overweight → Neutral $1
2023-05-11 main Goldman Sachs Buy → Buy $2
2023-05-10 main Morgan Stanley — → Equal-Weight $5
2023-03-13 main Goldman Sachs — → Buy $2
2023-03-09 main Morgan Stanley — → Equal-Weight $6
2023-01-06 main Morgan Stanley — → Equal-Weight $6
2022-11-10 main Morgan Stanley — → Equal-Weight $6
2022-10-04 main Stifel — → Buy $3
2022-08-11 main Piper Sandler — → Overweight $5
2022-06-17 main Stifel — → Buy $6
2022-05-11 main Piper Sandler — → Overweight $7
2022-03-24 main Goldman Sachs — → Buy $10
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 200000 — — Stock Award(Grant) at price 0.00 per share. BERGHEIM OLAV B Director — 2024-09-17 00:00:00 D
1 200000 — — Stock Award(Grant) at price 0.00 per share. BEAVER CAROLYN D Director — 2024-09-17 00:00:00 D
2 200000 — — Stock Award(Grant) at price 0.00 per share. BIHL ANTHONY P III Director — 2024-09-17 00:00:00 D
3 600000 — — Stock Award(Grant) at price 0.00 per share. BOSTJANCIC JOHN J Chief Financial Officer — 2024-09-17 00:00:00 D
4 200000 — — Stock Award(Grant) at price 0.00 per share. PUDIPEDDI VAMSI MOHAN RAJ Director — 2024-09-17 00:00:00 D
5 1600000 — — Stock Award(Grant) at price 0.00 per share. BERGHEIM BJARNE Chief Executive Officer — 2024-09-17 00:00:00 D
6 500000 — — Stock Award(Grant) at price 0.00 per share. MCGAUGH JOHN P. Officer — 2024-09-17 00:00:00 D
7 43240 3745 — Sale at price 0.09 per share. BERGHEIM BJARNE Chief Executive Officer — 2024-06-21 00:00:00 D
8 8510 733 — Sale at price 0.09 per share. CHEN ROY T Officer — 2024-06-20 00:00:00 D
9 720000 — — Stock Award(Grant) at price 0.00 per share. BOSTJANCIC JOHN J Chief Financial Officer — 2024-06-05 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-26.61M-53.03M-55.39M-41.15M
TotalUnusualItems-2.09M4.38M-138.00K
TotalUnusualItemsExcludingGoodwill-2.09M4.38M-138.00K
NetIncomeFromContinuingOperationNetMinorityInterest-33.54M-62.46M-57.05M-48.50M
ReconciledDepreciation1.46M2.98M2.82M3.00M
ReconciledCostOfRevenue19.86M29.96M31.18M24.86M
EBITDA-26.61M-53.03M-51.00M-41.29M
EBIT-28.07M-56.01M-53.82M-44.28M
NetInterestIncome-5.47M-6.46M-3.23M-4.21M
InterestExpense5.47M6.46M3.23M4.21M
NormalizedIncome-33.54M-62.46M-61.43M-48.36M
NetIncomeFromContinuingAndDiscontinuedOperation-28.03M-60.92M-57.05M-48.50M
TotalExpenses61.07M93.89M99.86M77.34M
TotalOperatingIncomeAsReported-29.37M-59.27M-58.20M-44.41M
DilutedAverageShares469.94K224.66K28.47K
BasicAverageShares469.94K224.66K28.47K
DilutedEPS-129.63-254.00-1.70K
BasicEPS-129.63-254.00-1.70K
DilutedNIAvailtoComStockholders-28.03M-60.92M-57.05M-48.50M
NetIncomeCommonStockholders-28.03M-60.92M-57.05M-48.50M
NetIncome-28.03M-60.92M-57.05M-48.50M
NetIncomeIncludingNoncontrollingInterests-28.03M-60.92M-57.05M-48.50M
NetIncomeDiscontinuousOperations5.51M1.54M
NetIncomeContinuousOperations-33.54M-62.46M-57.05M-48.50M
TaxProvision2.00K2.00K2.00K2.00K
PretaxIncome-33.54M-62.46M-57.05M-48.50M
OtherIncomeExpense1.30M3.26M4.38M-138.00K
OtherNonOperatingIncomeExpenses1.30M3.26M
SpecialIncomeCharges-2.09M4.38M-261.00K
OtherSpecialCharges-4.38M
ImpairmentOfCapitalAssets2.09M0.00
RestructuringAndMergernAcquisition0.00261.00K
GainOnSaleOfSecurity123.00K
NetNonOperatingInterestIncomeExpense-5.47M-6.46M-3.23M-4.21M
InterestExpenseNonOperating5.47M6.46M3.23M4.21M
OperatingIncome-29.37M-59.27M-58.20M-44.15M
OperatingExpense41.21M63.93M68.68M52.48M
ResearchAndDevelopment6.76M10.44M16.78M18.57M
SellingGeneralAndAdministration34.45M53.49M51.91M33.91M
SellingAndMarketingExpense17.10M28.70M
GeneralAndAdministrativeExpense17.35M24.79M
OtherGandA17.35M24.79M
GrossProfit11.84M4.67M10.48M8.34M
CostOfRevenue19.86M29.96M31.18M24.86M
TotalRevenue31.70M34.63M41.66M33.20M
OperatingRevenue31.70M34.63M41.66M33.20M
Line Item2023-12-312022-12-312021-12-31
TreasurySharesNumber0.000.00233.00
OrdinarySharesNumber427.33K317.74K249.87K131.45K
ShareIssued427.33K317.74K249.87K131.68K
NetDebt4.21M23.36M19.08M
TotalDebt17.85M40.09M39.17M29.33M
TangibleBookValue5.19M28.42M71.21M60.65M
InvestedCapital19.63M65.79M118.70M98.56M
WorkingCapital7.87M29.95M104.39M84.21M
NetTangibleAssets5.19M28.42M71.21M60.65M
CapitalLeaseObligations3.41M2.72M2.43M2.83M
CommonStockEquity5.19M28.42M81.95M72.06M
TotalCapitalization8.83M40.89M118.70M98.56M
TotalEquityGrossMinorityInterest5.19M28.42M81.95M72.06M
StockholdersEquity5.19M28.42M81.95M72.06M
GainsLossesNotAffectingRetainedEarnings1.00K11.00K-61.00K0.00
OtherEquityAdjustments1.00K11.00K-61.00K
TreasuryStock0.0051.00K
RetainedEarnings-458.05M-430.01M-369.09M-312.04M
AdditionalPaidInCapital463.24M458.42M451.06M384.13M
CapitalStock0.000.0050.00K26.00K
CommonStock0.000.0050.00K26.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest26.07M49.74M55.33M43.44M
TotalNonCurrentLiabilitiesNetMinorityInterest6.13M14.42M38.61M28.78M
OtherNonCurrentLiabilities43.00K83.00K590.00K488.00K
LiabilitiesHeldforSaleNonCurrent0.00134.00K
PreferredSecuritiesOutsideStockEquity0.00
DerivativeProductLiabilities0.00
NonCurrentDeferredLiabilities174.00K302.00K
LongTermDebtAndCapitalLeaseObligation5.92M13.90M38.02M28.30M
LongTermCapitalLeaseObligation2.28M1.43M1.28M1.80M
LongTermDebt3.64M12.47M36.75M26.50M
CurrentLiabilities19.94M35.32M16.72M14.65M
OtherCurrentLiabilities496.00K1.89M2.16M2.43M
CurrentDeferredLiabilities970.00K618.00K
CurrentDebtAndCapitalLeaseObligation11.93M26.19M1.15M1.03M
CurrentCapitalLeaseObligation1.13M1.29M1.15M1.03M
CurrentDebt10.80M24.90M
OtherCurrentBorrowings10.80M24.90M
PensionandOtherPostRetirementBenefitPlansCurrent2.58M2.41M3.62M3.38M
CurrentProvisions1.13M
PayablesAndAccruedExpenses3.96M4.21M9.79M7.82M
CurrentAccruedExpenses2.00M3.07M5.36M4.76M
Payables1.96M1.14M4.44M3.06M
AccountsPayable1.96M1.14M4.44M3.06M
TotalAssets31.27M78.16M137.28M115.50M
TotalNonCurrentAssets3.46M12.89M16.18M16.64M
OtherNonCurrentAssets122.00K9.72M118.00K118.00K
GoodwillAndOtherIntangibleAssets9.12M10.75M11.41M
OtherIntangibleAssets661.00K2.29M2.96M
Goodwill8.45M8.45M8.45M
NetPPE3.34M3.16M5.32M5.11M
AccumulatedDepreciation0.00-371.00K-10.62M-9.59M
GrossPPE3.34M3.54M15.93M14.71M
Leases0.0019.00K2.98M2.58M
ConstructionInProgress0.00130.00K418.00K
OtherProperties3.34M3.17M9.29M8.68M
MachineryFurnitureEquipment0.00344.00K3.53M3.02M
Properties0.000.000.000.00
CurrentAssets27.80M65.27M121.11M98.86M
OtherCurrentAssets1.29M1.97M8.40M3.55M
AssetsHeldForSaleCurrent1.00M656.00K
PrepaidAssets3.55M
Inventory10.21M11.07M15.46M8.15M
FinishedGoods4.85M4.35M5.77M2.97M
WorkInProcess148.00K278.00K427.00K270.00K
RawMaterials5.21M6.45M9.27M4.91M
Receivables3.68M4.79M5.80M2.52M
AccountsReceivable3.68M4.79M5.80M2.52M
CashCashEquivalentsAndShortTermInvestments11.63M46.78M91.45M84.64M
OtherShortTermInvestments1.40M32.77M73.78M0.00
CashAndCashEquivalents10.23M14.01M17.66M84.64M
CashEquivalents7.83M12.59M16.24M84.10M
CashFinancial2.39M1.42M1.42M539.00K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-24.81M-46.99M-62.43M-50.58M
RepaymentOfDebt-24.94M-31.00K-58.00K-47.00K
IssuanceOfDebt0.009.85M0.00
IssuanceOfCapitalStock0.0020.52M84.39M
CapitalExpenditure-161.00K-929.00K-1.36M-1.97M
InterestPaidSupplementalData3.48M5.81M4.06M3.44M
IncomeTaxPaidSupplementalData2.00K2.00K2.00K2.00K
EndCashPosition10.23M14.01M17.66M84.64M
BeginningCashPosition14.01M17.66M84.64M51.72M
ChangesInCash-3.78M-3.66M-66.98M32.92M
FinancingCashFlow-24.95M4.00K68.53M83.50M
CashFlowFromContinuingFinancingActivities-24.95M4.00K68.53M83.50M
NetOtherFinancingCharges-7.00K-92.00K-715.00K-1.12M
ProceedsFromStockOptionExercised0.00127.00K38.93M271.00K
NetPreferredStockIssuance84.39M
PreferredStockIssuance84.39M
NetCommonStockIssuance0.0020.52M84.39M
CommonStockIssuance0.0020.52M84.39M
NetIssuancePaymentsOfDebt-24.94M-31.00K9.79M-47.00K
NetLongTermDebtIssuance-24.94M-31.00K9.79M-47.00K
LongTermDebtPayments-24.94M-31.00K-58.00K-47.00K
LongTermDebtIssuance0.009.85M0.00
InvestingCashFlow45.81M42.40M-74.43M-1.97M
CashFromDiscontinuedInvestingActivities14.21M0.00
CashFlowFromContinuingInvestingActivities31.61M42.40M-74.43M-1.97M
NetInvestmentPurchaseAndSale31.77M43.33M-73.07M0.00
SaleOfInvestment36.27M103.40M25.65M0.00
PurchaseOfInvestment-4.51M-60.07M-98.72M0.00
NetIntangiblesPurchaseAndSale0.00-1.33M
PurchaseOfIntangibles0.00-1.33M
NetPPEPurchaseAndSale-161.00K-929.00K-1.36M-638.00K
PurchaseOfPPE-161.00K-929.00K-1.36M-638.00K
OperatingCashFlow-24.65M-46.06M-61.07M-48.60M
CashFlowFromContinuingOperatingActivities-24.65M-46.06M-61.07M-48.60M
ChangeInWorkingCapital326.00K-778.00K-13.95M-6.39M
ChangeInOtherWorkingCapital224.00K103.00K46.00K-72.00K
ChangeInPayablesAndAccruedExpense-3.01M-8.07M1.54M719.00K
ChangeInAccruedExpense-3.80M-4.81M257.00K-409.00K
ChangeInPayable786.00K-3.26M1.29M1.13M
ChangeInAccountPayable786.00K-3.26M1.29M1.13M
ChangeInPrepaidAssets1.42M6.05M-4.84M-2.65M
ChangeInInventory75.00K852.00K-7.41M-3.81M
ChangeInReceivables1.62M295.00K-3.28M-582.00K
ChangesInAccountReceivables1.62M295.00K-3.28M-582.00K
OtherNonCashItems-3.73M621.00K403.00K1.04M
StockBasedCompensation4.82M7.28M7.48M2.37M
ProvisionandWriteOffofAssets137.00K3.34M
AssetImpairmentCharge776.00K3.67M0.00
AmortizationOfSecurities-406.00K-2.25M-772.00K0.00
DepreciationAmortizationDepletion1.46M2.98M2.82M3.00M
DepreciationAndAmortization1.46M2.98M2.82M3.00M
AmortizationCashFlow51.00K585.00K664.00K586.00K
AmortizationOfIntangibles51.00K585.00K664.00K586.00K
Depreciation1.41M2.39M2.15M2.41M
OperatingGainsLosses-121.00K
GainLossOnInvestmentSecurities-123.00K
NetIncomeFromContinuingOperations-28.03M-60.92M-57.05M-48.50M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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