Milestone Scientific Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:47:23Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.95M | -2.94M | — | -6.05M | -4.06M | -7.01M |
| EBITDA | -5.62M | -6.72M | -7.04M | -8.76M | -7.30M | -7.36M |
| Working Capital | 3.35M | 5.54M | 7.72M | 9.67M | 15.84M | 15.68M |
| Net Debt | -80.96K | -2.91M | -2.58M | -8.22M | -14.18M | -13.28M |
| Gross Margin | 71.40% | 74.56% | 69.12% | 55.65% | 61.25% | 66.60% |
| Operating Margin | -63.48% | -78.30% | -72.31% | -100.24% | -71.60% | -137.08% |
| Net Margin | -63.76% | -54.62% | -70.51% | -98.87% | -66.17% | -134.94% |
| Return on Equity (ROE) | -203.45% | -80.81% | -86.48% | -85.14% | -41.66% | -45.29% |
| Return on Assets (ROA) | -73.30% | -48.11% | -60.93% | -63.54% | -34.42% | -37.49% |
| Current Ratio | 1.81× | 2.48× | 3.51× | 3.93× | 6.11× | 6.45× |
| Debt-to-Equity | 0.36× | 0.06× | 0.05× | 0.05× | 0.04× | 0.06× |
| Effective Tax Rate | — | — | 0.00% | 0.00% | -0.00% | -0.21% |
| Cash Conversion Ratio | 0.51× | 0.62× | 0.77× | 0.69× | 0.59× | 0.95× |
| Accruals Ratio | -0.36× | -0.18× | -0.14× | -0.20× | -0.14× | -0.02× |
| SBC % of Revenue | 10.62% | 15.59% | 14.93% | 17.03% | 7.68% | 10.12% |
| CapEx Coverage | -101.31× | -144.12× | — | -353.35× | -169.22× | -240.36× |
| Free Cash Flow Per Share | $-0.04 | $-0.04 | — | $-0.08 | $-0.06 | $-0.11 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 2.57M | 2.20M | 3.03M | 3.91M | 3.99M | 1.82M |
| Gross Profit | 6.41M | 6.43M | 6.79M | 4.90M | 6.31M | 3.62M |
| Research and Development Expense | 449.47K | 858.77K | 701.38K | 1.15M | 878.21K | 307.85K |
| Selling, General and Administrative Expense | 11.58M | 12.30M | 13.14M | 12.51M | 12.74M | 10.67M |
| Operating Expenses | 12.10M | 13.19M | 13.90M | 13.73M | 13.69M | 11.07M |
| Operating Income (Loss) | -5.70M | -6.76M | -7.11M | -8.83M | -7.38M | -7.45M |
| Income Tax Expense (Benefit) | — | — | 0 | 0 | 333 | 15.50K |
| Net Income (Loss) Attributable to Parent | -5.72M | -4.71M | -6.93M | -8.71M | -6.82M | -7.34M |
| Earnings Per Share, Basic | $-0.07 | $-0.06 | $-0.10 | $-0.12 | $-0.10 | $-0.12 |
| Weighted Average Number of Shares Outstanding, Basic | 82.06M | 79.79M | 72.78M | 70.61M | 68.83M | 63.06M |
| Earnings Per Share, Diluted | $-0.07 | $-0.06 | — | — | $-0.10 | $-0.12 |
| Weighted Average Number of Shares Outstanding, Diluted | 82.06M | 79.79M | — | — | 68.83M | 63.06M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.10M | 3.26M | 2.98M | 8.72M | 14.76M | 14.22M |
| Assets, Current | 7.48M | 9.29M | 10.79M | 12.97M | 18.93M | 18.55M |
| Assets | 7.81M | 9.80M | 11.37M | 13.70M | 19.81M | 19.57M |
| Liabilities, Current | 4.13M | 3.74M | 3.08M | 3.30M | 3.10M | 2.88M |
| Liabilities | 4.99M | 3.96M | 3.36M | 3.70M | 3.59M | 3.46M |
| Stockholders' Equity Attributable to Parent | 2.81M | 5.83M | 8.01M | 10.23M | 16.37M | 16.20M |
| Common Stock, Shares, Outstanding | 80.45M | 78.01M | 75.85M | 69.27M | 68.12M | 64.14M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.92M | -2.92M | -5.33M | -6.03M | -4.03M | -6.98M |
| Payments to Acquire Property, Plant, and Equipment | 15.12K | 10.12K | — | 8.53K | 15.19K | 21.44K |
| Net Cash Provided by (Used in) Investing Activities | -15.12K | 2.97M | -2.97M | -8.53K | -15.19K | -21.44K |
| Net Cash Provided by (Used in) Financing Activities | 786.34K | 233.77K | 2.56M | -8.54K | 4.59M | 19.71M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 81.78K | -232.66K | -2.71M | — | -1.01M | -1.52M |
| EBITDA | -808.63K | -1.06M | -1.11M | -1.47M | -1.98M | -2.03M |
| Working Capital | 2.50M | 3.35M | 3.08M | 3.86M | 4.18M | 5.54M |
| Net Debt | -214.65K | -80.96K | -291.56K | -187.76K | -1.93M | -2.91M |
| Gross Margin | 72.34% | 72.97% | 69.52% | 69.62% | 73.80% | 75.05% |
| Operating Margin | -38.30% | -52.46% | -48.07% | -63.90% | -89.49% | -101.43% |
| Net Margin | -38.85% | -52.99% | -48.89% | -63.83% | -89.35% | -101.09% |
| Return on Equity (ROE) | -36.76% | -38.77% | -45.26% | -44.40% | -44.70% | -34.90% |
| Return on Assets (ROA) | -10.55% | -13.97% | -13.60% | -18.42% | -21.95% | -20.78% |
| Current Ratio | 1.51× | 1.81× | 1.61× | 2.03× | 1.94× | 2.48× |
| Debt-to-Equity | 0.43× | 0.36× | 0.41× | 0.33× | 0.07× | 0.06× |
| Effective Tax Rate | — | — | — | 0.00% | — | — |
| Cash Conversion Ratio | -0.10× | 0.21× | 2.33× | 1.87× | 0.51× | 0.74× |
| Accruals Ratio | -0.12× | -0.11× | 0.18× | 0.16× | -0.11× | -0.05× |
| SBC % of Revenue | 11.87% | 4.82% | 36.17% | 21.11% | 14.82% | 16.88% |
| CapEx Coverage | 17.16× | -34.63× | -120.87× | — | -281.43× | -249.79× |
| Free Cash Flow Per Share | $0.00 | $-0.00 | $-0.03 | — | $-0.01 | $-0.02 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 598.01K | 556.31K | 719.25K | 705.86K | 584.99K | 502.45K |
| Gross Profit | 1.56M | 1.50M | 1.64M | 1.62M | 1.65M | 1.51M |
| Research and Development Expense | — | 12.33K | 16.23K | 51.79K | 369.12K | 217.53K |
| Selling, General and Administrative Expense | 2.37M | 2.55M | 2.74M | 3.03M | 3.26M | 3.33M |
| Operating Expenses | 2.39M | 2.58M | 2.78M | 3.10M | 3.65M | 3.55M |
| Operating Income (Loss) | -828.08K | -1.08M | -1.13M | -1.48M | -2.00M | -2.04M |
| Income Tax Expense (Benefit) | — | — | — | 0 | — | — |
| Net Income (Loss) Attributable to Parent | -839.85K | -1.09M | -1.15M | -1.48M | -1.99M | -2.04M |
| Earnings Per Share, Basic | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 85.04M | 82.06M | 82.32M | 82.05M | 81.85M | 79.79M |
| Earnings Per Share, Diluted | $-0.01 | $-0.01 | $-0.01 | — | $-0.02 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 85.04M | 82.06M | 82.32M | — | 81.85M | 79.79M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.20M | 1.10M | 1.35M | 1.27M | 2.25M | 3.26M |
| Assets, Current | 7.35M | 7.48M | 8.11M | 7.63M | 8.62M | 9.29M |
| Assets | 7.96M | 7.81M | 8.49M | 8.05M | 9.09M | 9.80M |
| Liabilities, Current | 4.86M | 4.13M | 5.03M | 3.77M | 4.44M | 3.74M |
| Liabilities | 5.68M | 4.99M | 5.94M | 4.71M | 4.63M | 3.96M |
| Stockholders' Equity Attributable to Parent | 2.28M | 2.81M | 2.55M | 3.34M | 4.46M | 5.83M |
| Common Stock, Shares, Outstanding | 80.45M | 80.45M | 78.56M | 78.56M | 78.20M | 78.01M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 86.84K | -226.13K | -2.69M | -2.77M | -1.01M | -1.51M |
| Payments to Acquire Property, Plant, and Equipment | 1.63K | 3.12K | 12.01K | — | 1.30K | 3.53K |
| Net Cash Provided by (Used in) Investing Activities | -1.63K | -3.12K | -12.01K | -5.78K | -1.30K | -3.53K |
| Net Cash Provided by (Used in) Financing Activities | -3.43K | -3.41K | 789.75K | 794.30K | -2.28K | -2.52K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MLSS CIK 0000855683),
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