Cytosorbents Corporation

Cytosorbents Corporation

CTSO·NASDAQ

$0.80

+1.1%
HealthcareMedical - Devices

Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology. Its flagship product is CytoSorb, an extracorporeal cytokine filter for adjunctive therapy in the treatment of sepsis, adjunctive therapy in other critical care applications, prevention and treatment of perioperative complications of cardiopulmonary bypass surgery, and maintaining or enhancing the quality of solid organs harvested from donors for organ transplant. The company also develops VetResQ, a device for adjunctive therapy in the treatment of sepsis, pancreatitis, and other critical illnesses in animals; CytoSorb-XL, a device for adjunctive therapy in the treatment of sepsis and other critical illnesses; HemoDefend blood purification technology platform to reduce contaminants in the blood supply that can cause transfusion reactions or disease when administering blood and blood products to patients, as well as removal of anti-A and anti-B blood group antibodies from fresh whole blood and plasma; K+ontrol for treatment of severe hyperkalemia in patients with life-threatening conditions; and ContrastSorb for the removal of IV contrast in blood administered during CT imaging, an angiogram, or during a vascular interventional radiology procedure to reduce the risk of contrast-induced nephropathy. In addition, it is involved in the development of BetaSorb, a device for the prevention and treatment of health complications caused by the accumulation of metabolic toxins in patients with chronic renal failure; DrugSorb, a device to remove toxic chemicals from the blood; and DrugSorb-ATR, an antithrombotic removal system. The company was formerly known as MedaSorb Technologies Corporation and changed its name to Cytosorbents Corporation in May 2010. Cytosorbents Corporation was founded in 1997 and is headquartered in Princeton, New Jersey.

At a Glance

Live Snapshot
Market Cap$50.18M
EPS-0.3800
P/E Ratio-2.10
Earnings Date03/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -2.1).

Valuation inputs: P/E -2.1, earnings yield N/A, momentum +1.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -1.9%, ROIC -40.8%).

Profitability stack: net margin -58.2%, ROE -1.9%, ROIC -40.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +76.6%, momentum +1.1%, net margin -58.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

ctso

Cytosorbents Corporation Market vs Earnings Trajectory

CTSO · NASDAQ

Loading price and EPS data...

Cytosorbents Corporation

Cytosorbents Corporation Fair Value Envelope

CTSO · NASDAQ

Our analysis suggests that CTSO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $0.799, this represents a potential HIDDEN relative to our calculated worth for Cytosorbents Corporation.

Intrinsic Value
Current Price: $0.799
3Y-33.0%
5Y-37.0%
10Y+15.0%
3Y-11.0%
5Y+56.0%
10Y+778.0%
3Y-16.0%
5Y+8.0%
10Y+155.0%
3Y+3.0%
5Y-14.0%
10Y+60.0%
3Y-20.0%
5Y-20.0%
10Y+52.0%
3Y-47.0%
5Y+73.0%
10Y+321.0%
Cytosorbents Corporation

Cytosorbents Corporation Profit Bridge

CTSO · NASDAQ
Revenue35.59M
Cost of Goods Sold (10.47M)
Gross Profit25.13M
Operating Expenses (41.91M)
Operating Income-16.79M
Interest Expense (1.40M)
Other Income/Expense-5.62M
Pretax Income-22.41M
Income Tax (-1.69M)
Net Income-20.72M
Net Income
-20.72M

Profitability Analysis

Gross Margin

70.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-47.2%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-58.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

70.59%
Gross Profit Margin
3Y-3.0%
5Y+4.0%
10Y+55.0%
-47.16%
Operating Profit Margin
-54%
3Y-17.0%
5Y-43.0%
10Y-79.0%
-58.21%
Net Profit Margin
-38%
3Y-5.0%
5Y-31.0%
10Y-71.0%
-186.54%
Return on Equity
48%
3Y+375.0%
5Y-67.0%
10Y+88.0%
-43.74%
Return on Assets
-20%
3Y+59.0%
5Y-38.0%
10Y-39.0%
-40.84%
Return on Invested Capital
-45%
3Y+41.0%
5Y-55.0%
10Y-63.0%
CTSO

Cytosorbents Corporation Cash Conversion Engine

CTSO · NASDAQ
Net Income-20.72M
Depreciation & Amortization1.75M
Stock-Based Compensation3.76M
Change in Working Capital-4.38M
Others5.16M
Capital Expenditures-284.34K
Free Cash Flow-14.71M

Cash Flow Quality Analysis

FCF Conversion Rate

71.0%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-2.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+34.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$4.38M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

ctso

Cytosorbents Corporation Funding & Solvency Profile

CTSO · NASDAQ
Cash & Cash Equivalents7.54M
Net Receivables7.43M
Inventory4.00M
Other Current Assets2.35M
Total Current Assets21 M
Property, Plant & Equipment19.27M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets5.17M
Total Non-Current Assets24 M
Total Assets
45.75M

Financial Health Analysis

Current Ratio

2.11x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

4.07x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

11 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

47% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

ctso

Cytosorbents Corporation Street Expectations Map

CTSO · NASDAQ

No Target Data

No analyst price targets available for ctso.

ctso

Cytosorbents Corporation Insider Positioning

CTSO · NASDAQ

During the last 12 months, there has been no insider trading activity reported for CTSO.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
 

ctso Dividend History

CTSO
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%