NEUROPACE, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:40:37Z
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 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -11.34M | -18.25M | -19.87M | -37.47M | -24.96M | -21.67M |
| EBITDA | -16.10M | -21.46M | -27.00M | -40.53M | -23.44M | -12.74M |
| Working Capital | 76.26M | 66.18M | 76.49M | 86.74M | 123.52M | 44.97M |
| Net Debt | 49.15M | 59.91M | 54.34M | 63.16M | 30.66M | 26.47M |
| Gross Margin | 77.23% | 73.94% | 73.56% | 71.38% | 74.00% | 73.59% |
| Operating Margin | -16.34% | -27.12% | -41.54% | -89.62% | -52.54% | -31.72% |
| Net Margin | -21.47% | -33.97% | -50.38% | -103.43% | -79.85% | -59.02% |
| Return on Equity (ROE) | -112.79% | -338.71% | -159.56% | -135.38% | -49.09% | 16.42% |
| Return on Assets (ROA) | -20.33% | -28.68% | -30.61% | -41.26% | -27.01% | -43.39% |
| Current Ratio | 5.28× | 5.37× | 5.71× | 8.90× | 14.28× | 5.69× |
| Debt-to-Equity | 3.72× | 9.15× | 3.51× | 2.01× | 0.68× | -0.36× |
| Cash Conversion Ratio | 0.51× | 0.66× | 0.60× | 0.78× | 0.68× | 0.89× |
| Accruals Ratio | -0.10× | -0.10× | -0.12× | -0.09× | -0.09× | -0.05× |
| SBC % of Revenue | 11.09% | 12.87% | 14.61% | 18.34% | 9.49% | 3.35% |
| CapEx Coverage | -33.15× | -58.66× | -113.88× | -61.14× | -64.00× | -348.53× |
| Free Cash Flow Per Share | $-0.35 | $-0.63 | $-0.77 | $-1.52 | $-1.50 | $-106.19 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 99.99M | 79.91M | 65.42M | 45.52M | 45.18M | 41.14M |
| Cost of Goods and Services Sold | 22.77M | 20.82M | 17.30M | 13.03M | 11.75M | 10.87M |
| Gross Profit | 77.22M | 59.09M | 48.12M | 32.49M | 33.44M | 30.27M |
| Research and Development Expense | 27.89M | 23.65M | 20.78M | 21.95M | 18.21M | 15.70M |
| Selling, General and Administrative Expense | — | 57.10M | 54.52M | 51.34M | 38.96M | 27.63M |
| Operating Expenses | 93.56M | 80.76M | 75.30M | 73.29M | 57.17M | 43.32M |
| Operating Income (Loss) | -16.34M | -21.67M | -27.17M | -40.79M | -23.74M | -13.05M |
| Income Tax Expense (Benefit) | 0 | — | — | — | — | — |
| Net Income (Loss) Attributable to Parent | -21.46M | -27.14M | -32.96M | -47.08M | -36.08M | -24.28M |
| Earnings Per Share, Basic | $-0.66 | $-0.93 | $-1.27 | $-1.91 | $-2.17 | $-117.85 |
| Weighted Average Number of Shares Outstanding, Basic | 32.72M | 29.13M | 25.85M | 24.59M | 16.61M | 204,068 |
| Earnings Per Share, Diluted | $-0.66 | $-0.93 | $-1.27 | $-1.91 | $-2.17 | $-117.85 |
| Weighted Average Number of Shares Outstanding, Diluted | 32.72M | 29.13M | 25.85M | 24.59M | 16.61M | 204,068 |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 21.69M | 13.43M | 18.06M | 6.61M | 19.19M | 26.39M |
| Assets, Current | 94.07M | 81.34M | 92.72M | 97.71M | 132.82M | 54.56M |
| Assets | 105.56M | 94.65M | 107.65M | 114.11M | 133.56M | 55.95M |
| Liabilities, Current | 17.81M | 15.16M | 16.23M | 10.98M | 9.30M | 9.60M |
| Long-term Debt, Excluding Current Maturities | 58.88M | 59.52M | 56.95M | 52.91M | 49.85M | 50.82M |
| Liabilities | 86.53M | 86.63M | 87.00M | 79.33M | 60.06M | 62.36M |
| Stockholders' Equity Attributable to Parent | 19.03M | 8.01M | 20.65M | 34.78M | 73.50M | -147.83M |
| Common Stock, Shares, Outstanding | 33.57M | 30.15M | 27.82M | 25.05M | 24.45M | 314,096 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -11.01M | -17.95M | -19.70M | -36.87M | -24.58M | -21.61M |
| Payments to Acquire Property, Plant, and Equipment | 332.00K | 306.00K | 173.00K | 603.00K | 384.00K | 62.00K |
| Net Cash Provided by (Used in) Investing Activities | -332.00K | 8.99M | 23.03M | 23.80M | -85.40M | -10.77M |
| Payments for Repurchase of Common Stock | 49.55M | 0 | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 19.60M | 4.33M | 8.13M | 490.00K | 102.53M | 55.01M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -6.02M | 409.00K | -11.75M | -9.77M | -7.52M | -4.84M |
| EBITDA | -5.51M | -1.69M | -2.50M | -6.72M | -5.10M | -3.60M |
| Working Capital | 70.81M | 76.26M | 75.72M | 76.60M | 82.77M | 66.18M |
| Net Debt | 55.68M | 49.15M | 50.53M | 48.66M | 46.13M | 59.91M |
| Gross Margin | 81.78% | 77.40% | 77.39% | 77.09% | 76.99% | 75.41% |
| Operating Margin | -25.23% | -6.65% | -9.51% | -29.01% | -22.85% | -17.02% |
| Net Margin | -30.31% | -10.26% | -12.78% | -36.78% | -29.25% | -24.46% |
| Return on Equity (ROE) | -46.28% | -14.34% | -18.88% | -44.51% | -27.15% | -65.52% |
| Return on Assets (ROA) | -6.76% | -2.59% | -3.26% | -8.15% | -5.98% | -5.55% |
| Current Ratio | 5.38× | 5.28× | 4.86× | 5.47× | 6.63× | 5.37× |
| Debt-to-Equity | 4.87× | 3.72× | 3.84× | 3.68× | 3.01× | 9.15× |
| Cash Conversion Ratio | 0.88× | -0.19× | 3.29× | 1.11× | 1.14× | 0.91× |
| Accruals Ratio | -0.01× | -0.03× | 0.07× | 0.01× | 0.01× | -0.00× |
| SBC % of Revenue | 10.32% | 9.81% | 31.01% | 24.89% | 11.66% | 12.13% |
| CapEx Coverage | -50.43× | 5.22× | -48.99× | -46.67× | -202.22× | -123.00× |
| Free Cash Flow Per Share | $-0.18 | $0.01 | $-0.35 | $-0.30 | $-0.24 | $-0.17 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 22.07M | 26.59M | 27.35M | 23.52M | 22.52M | 21.47M |
| Cost of Goods and Services Sold | 4.02M | 6.01M | 6.19M | 5.39M | 5.18M | 5.28M |
| Gross Profit | 18.05M | 20.58M | 21.17M | 18.13M | 17.34M | 16.19M |
| Research and Development Expense | 7.19M | 7.03M | 6.58M | 6.84M | 7.44M | 6.05M |
| Selling, General and Administrative Expense | — | — | — | — | 15.05M | 13.79M |
| Operating Expenses | 23.62M | 22.34M | 23.77M | 24.96M | 22.49M | 19.84M |
| Operating Income (Loss) | -5.57M | -1.77M | -2.60M | -6.82M | -5.15M | -3.65M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | — |
| Net Income (Loss) Attributable to Parent | -6.69M | -2.73M | -3.50M | -8.65M | -6.59M | -5.25M |
| Earnings Per Share, Basic | $-0.20 | $-0.08 | $-0.11 | $-0.26 | $-0.21 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Basic | 33.72M | 32.72M | 33.13M | 32.86M | 31.48M | 29.13M |
| Earnings Per Share, Diluted | $-0.20 | $-0.08 | $-0.11 | $-0.26 | $-0.21 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Diluted | 33.72M | 32.72M | 33.13M | 32.86M | 31.48M | 29.13M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 14.78M | 21.69M | 20.65M | 22.86M | 27.02M | 13.43M |
| Assets, Current | 86.98M | 94.07M | 95.33M | 93.74M | 97.48M | 81.34M |
| Assets | 98.90M | 105.56M | 107.25M | 106.11M | 110.20M | 94.65M |
| Liabilities, Current | 16.17M | 17.81M | 19.61M | 17.14M | 14.71M | 15.16M |
| Long-term Debt, Excluding Current Maturities | 59.02M | 58.88M | 58.75M | 58.62M | 59.79M | 59.52M |
| Liabilities | 84.44M | 86.53M | 88.74M | 86.68M | 85.94M | 86.63M |
| Stockholders' Equity Attributable to Parent | 14.45M | 19.03M | 18.52M | 19.44M | 24.27M | 8.01M |
| Common Stock, Shares, Outstanding | 33.91M | 33.57M | 33.28M | 33.04M | 32.75M | 30.15M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -5.90M | 506.00K | -11.51M | -9.57M | -7.48M | -4.80M |
| Payments to Acquire Property, Plant, and Equipment | 117.00K | 97.00K | 235.00K | 205.00K | 37.00K | 39.00K |
| Net Cash Provided by (Used in) Investing Activities | -117.00K | -97.00K | -235.00K | -205.00K | -37.00K | 1.96M |
| Payments for Repurchase of Common Stock | 0 | 0 | 49.55M | 49.55M | 49.55M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -166.00K | 635.00K | 18.96M | 19.20M | 21.11M | 848.00K |
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 (NPCE CIK 0001528287),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.