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IRIX

IRIDEX Corporation

Price Chart
Latest Quote

$1.19

+0.01 (+0.85%)
Current Price
Previous Close $1.18
Open $1.18
Day High $1.20
Day Low $1.18
Volume 22,715
Fetched: 2026-06-25T04:02:53
Stock Information
Shares Outstanding 17.41M
Total Debt $4.28M
Cash Equivalents $4.59M
Revenue $52.58M
Net Income $-3.27M
Sector Healthcare
Industry Medical Devices
Market Cap $20.54M
EPS (TTM) $-0.19
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$26.39M
Sales$52.58M
Income$-3.27M
Book/sh$-0.07
Cash/sh$0.26
Employees93
Financial Ratios
Quick Ratio1.01
Current Ratio1.92
Debt/Eq90.36
Returns & Margins
ROA-5.38%
ROE-56.54%
Gross Margin35.97%
Operating Margin-2.75%
Profit Margin-6.23%
Ownership
Insider Ownership28.86%
Institutional Ownership18.04%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E59.00
PEG0.94
P/S0.39
P/B-16.16
Analyst Data
Recommendationnone
Target Price$2.75
Technical Indicators
SMA20$1.14
SMA50$1.08
SMA200$1.16
RSI54.84
ATR0.0429
Shares Float11.35M
Short Float0.25%
Short Ratio0.50
Volatility0.66
Rel Volume0.63
Performance History
Week+0.85%
Month+13.46%
Quarter-11.28%
6 Months+14.56%
YTD+0.85%
Year+24.21%
3 Years-43.27%
5 Years-83.81%
10 Years-91.70%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-25 $1.18 40,930
2026-06-24 $1.19 22,700
2026-06-23 $1.18 29,300
2026-06-22 $1.18 106,500
2026-06-18 $1.13 63,600
2026-06-17 $1.17 35,600
2026-06-16 $1.19 61,000
2026-06-15 $1.18 67,200
2026-06-12 $1.12 22,300
2026-06-11 $1.12 29,400
2026-06-10 $1.13 15,600
2026-06-09 $1.12 87,500
2026-06-08 $1.11 35,400
2026-06-05 $1.09 137,400
2026-06-04 $1.15 29,200
2026-06-03 $1.15 91,700
2026-06-02 $1.17 211,600
2026-06-01 $1.11 125,000
2026-05-29 $1.05 67,000
2026-05-28 $1.03 20,700
2026-05-27 $1.03 27,500
2026-05-26 $1.04 102,400
About IRIDEX Corporation

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $33,448,000 $29,167,000 $30,062,000 $31,604,000
Cost Of Revenue $33,448,000 $29,167,000 $30,062,000 $31,604,000
Total Revenue $52,675,000 $48,669,000 $51,869,000 $56,972,000
Operating Revenue $52,675,000 $48,669,000 $51,869,000 $56,972,000
Expenses
Total Expenses $55,246,000 $56,971,000 $61,876,000 $64,514,000
Other Income Expense $-1,809,000 $-540,000 $527,000 $60,000
Other Non Operating Income Expenses $-1,809,000 $-540,000 $527,000 $60,000
Operating Expense $21,798,000 $27,804,000 $31,814,000 $32,910,000
Selling And Marketing Expense $10,396,000 $12,579,000 $16,237,000 $18,178,000
General And Administrative Expense $7,734,000 $9,776,000 $8,748,000 $7,557,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Normalized Income $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Net Income From Continuing And Discontinued Operation $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Total Operating Income As Reported $-2,571,000 $-8,302,000 $-10,007,000 $-7,542,000
Net Income Common Stockholders $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Net Income $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Net Income Including Noncontrolling Interests $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Net Income Continuous Operations $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Pretax Income $-4,380,000 $-8,842,000 $-9,480,000 $-7,482,000
Operating Income $-2,571,000 $-8,302,000 $-10,007,000 $-7,542,000
Gross Profit $19,227,000 $19,502,000 $21,807,000 $25,368,000
Per Share
Diluted EPS $-0.26 $-0.54 $-0.59 $-0.47
Basic EPS $-0.26 $-0.54 $-0.59 $-0.47
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-1,024,000 $-6,878,000 $-7,975,000 $-6,158,000
Reconciled Depreciation $1,547,000 $1,424,000 $2,032,000 $1,384,000
EBITDA (Bullshit earnings) $-1,024,000 $-6,878,000 $-7,975,000 $-6,158,000
EBIT $-2,571,000 $-8,302,000 $-10,007,000 $-7,542,000
Diluted Average Shares $16,934,000 $16,439,000 $16,128,000 $15,938,000
Basic Average Shares $16,934,000 $16,439,000 $16,128,000 $15,938,000
Diluted NI Availto Com Stockholders $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Tax Provision $57,000 $68,000 $90,000 $65,000
Research And Development $3,668,000 $5,449,000 $6,829,000 $7,175,000
Selling General And Administration $18,130,000 $22,355,000 $24,985,000 $25,735,000
Other Gand A $7,734,000 $9,776,000 $8,748,000 $7,557,000
Fetched: 2026-06-25
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $2,973,000 $-174,000 $6,915,000 $14,289,000
Total Assets $29,151,000 $29,135,000 $34,436,000 $42,290,000
Total Non Current Assets $3,899,000 $5,572,000 $6,986,000 $6,524,000
Other Non Current Assets $1,124,000 $1,394,000 $1,396,000 $1,455,000
Goodwill And Other Intangible Assets $1,949,000 $2,271,000 $2,607,000 $2,942,000
Other Intangible Assets $984,000 $1,306,000 $1,642,000 $1,977,000
Current Assets $25,252,000 $23,562,000 $27,450,000 $35,766,000
Other Current Assets $1,802,000 $1,964,000 $856,000 $1,468,000
Inventory $7,877,000 $10,817,000 $9,906,000 $10,608,000
Receivables $9,545,000 $8,394,000 $9,654,000 $9,768,000
Accounts Receivable $7,613,000 $5,951,000 $6,727,000 $6,229,000
Allowance For Doubtful Accounts Receivable $-112,000 $-259,000 $-146,000 $-390,000
Gross Accounts Receivable $7,725,000 $6,210,000 $6,873,000 $6,619,000
Cash Cash Equivalents And Short Term Investments $6,028,000 $2,387,000 $7,034,000 $13,922,000
Cash And Cash Equivalents $6,028,000 $2,387,000 $7,034,000 $13,922,000
Prepaid Assets - - - -
Debt
Total Debt $4,532,000 $4,643,000 $2,746,000 $1,769,000
Long Term Debt And Capital Lease Obligation $3,833,000 $1,815,000 $1,751,000 $732,000
Long Term Debt $3,735,000 $1,004,000 - -
Current Debt And Capital Lease Obligation $699,000 $2,828,000 $995,000 $1,037,000
Net Debt - $351,000 - -
Current Debt - $1,734,000 - -
Other Current Borrowings - $1,734,000 - -
Liabilities
Total Liabilities Net Minority Interest $24,229,000 $27,038,000 $24,914,000 $25,059,000
Total Non Current Liabilities Net Minority Interest $11,021,000 $10,479,000 $11,940,000 $12,606,000
Other Non Current Liabilities $387,000 $314,000 $164,000 $26,000
Non Current Deferred Liabilities $6,801,000 $8,350,000 $10,025,000 $11,742,000
Current Liabilities $13,208,000 $16,559,000 $12,974,000 $12,453,000
Current Deferred Liabilities $3,677,000 $3,488,000 $3,329,000 $3,379,000
Payables And Accrued Expenses $6,492,000 $8,571,000 $7,031,000 $5,589,000
Payables $5,670,000 $7,801,000 $4,976,000 $4,044,000
Other Payable $137,000 $57,000 $149,000 $106,000
Total Tax Payable $31,000 $150,000 $100,000 $65,000
Accounts Payable $5,385,000 $6,985,000 $4,499,000 $3,858,000
Equity
Common Stock Equity $-1,078,000 $2,097,000 $9,522,000 $17,231,000
Preferred Stock Equity $6,000,000 - - -
Total Equity Gross Minority Interest $4,922,000 $2,097,000 $9,522,000 $17,231,000
Stockholders Equity $4,922,000 $2,097,000 $9,522,000 $17,231,000
Gains Losses Not Affecting Retained Earnings $-14,000 $51,000 $-52,000 $-24,000
Other Equity Adjustments $-14,000 $51,000 $-52,000 $-24,000
Retained Earnings $-92,446,000 $-88,009,000 $-79,042,000 $-69,716,000
Other
Ordinary Shares Number $17,306,521 $16,636,380 $16,252,813 $15,989,662
Share Issued $17,306,521 $16,636,380 $16,252,813 $15,989,662
Tangible Book Value $-3,027,000 $-174,000 $6,915,000 $14,289,000
Invested Capital $2,657,000 $4,835,000 $9,522,000 $17,231,000
Working Capital $12,044,000 $7,003,000 $14,476,000 $23,313,000
Capital Lease Obligations $797,000 $1,905,000 $2,746,000 $1,769,000
Total Capitalization $8,657,000 $3,101,000 $9,522,000 $17,231,000
Additional Paid In Capital $91,208,000 $89,881,000 $88,444,000 $86,802,000
Capital Stock $6,174,000 $174,000 $172,000 $169,000
Common Stock $174,000 $174,000 $172,000 $169,000
Preferred Stock $6,000,000 $0 $0 $0
Non Current Deferred Revenue $6,801,000 $8,350,000 $10,025,000 $11,742,000
Long Term Capital Lease Obligation $98,000 $811,000 $1,751,000 $732,000
Current Deferred Revenue $3,677,000 $3,488,000 $3,329,000 $3,379,000
Current Capital Lease Obligation $699,000 $1,094,000 $995,000 $1,037,000
Pensionand Other Post Retirement Benefit Plans Current $2,340,000 $1,672,000 $1,619,000 $2,448,000
Current Accrued Expenses $822,000 $770,000 $2,055,000 $1,545,000
Dueto Related Parties Current $117,000 $609,000 $228,000 $15,000
Goodwill $965,000 $965,000 $965,000 $965,000
Net PPE $826,000 $1,907,000 $2,983,000 $2,127,000
Accumulated Depreciation $-14,183,000 $-13,983,000 $-13,740,000 $-13,559,000
Gross PPE $15,009,000 $15,890,000 $16,723,000 $15,686,000
Leases $2,494,000 $2,494,000 $2,494,000 $2,494,000
Other Properties $12,515,000 $13,396,000 $14,229,000 $13,192,000
Properties $0 $0 $0 $0
Finished Goods $3,729,000 $6,581,000 $4,462,000 $4,468,000
Work In Process $0 $0 $156,000 $320,000
Raw Materials $4,148,000 $4,236,000 $5,288,000 $5,820,000
Duefrom Related Parties Current $1,932,000 $2,443,000 $2,927,000 $3,539,000
Non Current Accrued Expenses - - $138,000 $106,000
Long Term Provisions - - - -
Current Provisions - - - -
Fetched: 2026-06-25
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-2,258,000 $-7,298,000 $-6,854,000 $-9,805,000
Operating Activities
Operating Cash Flow $-2,115,000 $-7,285,000 $-6,745,000 $-9,519,000
Cash Flow From Continuing Operating Activities $-2,115,000 $-7,285,000 $-6,745,000 $-9,519,000
Operating Gains Losses $1,335,000 - - -
Investing Activities
Capital Expenditure $-143,000 $-13,000 $-109,000 $-286,000
Investing Cash Flow $-143,000 $-13,000 $-109,000 $-286,000
Cash Flow From Continuing Investing Activities $-143,000 $-13,000 $-109,000 $-286,000
Financing Activities
Issuance Of Capital Stock $10,000,000 $3,370,000 $0 $0
Financing Cash Flow $5,964,000 $2,605,000 $-5,000 $-73,000
Cash Flow From Continuing Financing Activities $5,964,000 $2,605,000 $-5,000 $-73,000
Net Other Financing Charges $-75,000 $-551,000 $-87,000 $-94,000
Net Preferred Stock Issuance $6,000,000 $0 - -
Preferred Stock Issuance $6,000,000 $0 - -
Net Common Stock Issuance $4,000,000 $3,370,000 $0 $0
Common Stock Issuance $4,000,000 $3,370,000 $0 $0
Other
Repayment Of Debt $-3,961,000 $-218,000 $0 -
End Cash Position $6,028,000 $2,387,000 $7,034,000 $13,922,000
Beginning Cash Position $2,387,000 $7,034,000 $13,922,000 $23,852,000
Effect Of Exchange Rate Changes $-65,000 $46,000 $-29,000 $-52,000
Changes In Cash $3,706,000 $-4,693,000 $-6,859,000 $-9,878,000
Proceeds From Stock Option Exercised $0 $4,000 $82,000 $21,000
Net Issuance Payments Of Debt $-3,961,000 $-218,000 $0 -
Net Long Term Debt Issuance $-3,961,000 $-218,000 $0 -
Long Term Debt Payments $-3,961,000 $-218,000 $0 -
Net PPE Purchase And Sale $-143,000 $-13,000 $-109,000 $-286,000
Purchase Of PPE $-143,000 $-13,000 $-109,000 $-286,000
Change In Other Working Capital $-1,565,000 $-1,903,000 $-1,723,000 $868,000
Change In Other Current Liabilities $-571,000 $-111,000 $-794,000 $-1,015,000
Change In Other Current Assets $270,000 $2,000 $-427,000 $-1,185,000
Change In Payables And Accrued Expense $-1,647,000 $1,401,000 $473,000 $-179,000
Change In Accrued Expense $799,000 $-1,466,000 $-381,000 $-653,000
Change In Payable $-2,446,000 $2,867,000 $854,000 $474,000
Change In Account Payable $-1,954,000 $2,486,000 $641,000 $1,086,000
Change In Prepaid Assets $162,000 $-1,108,000 $612,000 $-397,000
Change In Inventory $2,117,000 $-911,000 $644,000 $-3,019,000
Change In Receivables $-1,151,000 $1,260,000 $358,000 $-237,000
Changes In Account Receivables $-1,662,000 $776,000 $-254,000 $196,000
Other Non Cash Items $227,000 $328,000 - -
Stock Based Compensation $775,000 $1,243,000 $1,650,000 $1,621,000
Asset Impairment Charge $823,000 $0 - -
Depreciation Amortization Depletion $1,547,000 $1,424,000 $2,032,000 $1,384,000
Depreciation And Amortization $1,547,000 $1,424,000 $2,032,000 $1,384,000
Depreciation $1,547,000 $1,424,000 $2,032,000 $1,384,000
Net Income From Continuing Operations $-4,437,000 $-8,910,000 $-9,570,000 $-7,547,000
Income Tax Paid Supplemental Data - $15,000 $53,000 $73,000
Provisionand Write Offof Assets - - $0 $187,000
Net Business Purchase And Sale - - - $0
Purchase Of Business - - - $0
Gain Loss On Sale Of PPE - - - $0
Issuance Of Debt - - - -
Long Term Debt Issuance - - - -
Sale Of PPE - - - -
Change In Working Capital - - - -
Fetched: 2026-06-25