Private company
ANDREA ELECTRONICS CORP
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
70.5%Gross margin3
-16.5%Operating margin3
-14.7%Net margin3
17.9%Revenue growth, 20223
-$237.1KFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue27¢$578.2K
- Research and development22¢$460.3K
- Selling, general and admin51¢$1.1M
- Income tax0¢$1.3K
Out of $2.0M in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.6M4 | $6.9M5 | $1.5M6 | $1.9M7 | $1.4M8 | $1.7M3 | $2.0M3 |
| Cost of revenue | $410.9K4 | $266.9K5 | $433.7K6 | $538.2K7 | $310.9K8 | $433.0K8 | $578.2K3 |
| Gross profit | $3.2M4 | $6.7M5 | $1.0M6 | $1.4M7 | $1.0M8 | $1.2M3 | $1.4M3 |
| Research and development | $773.3K4 | $813.1K5 | $601.3K6 | $568.8K7 | $574.0K8 | $587.5K3 | $460.3K3 |
| Selling, general and admin | $1.3M4 | $1.3M5 | $1.2M6 | $1.1M7 | $1.1M8 | $1.1M3 | $1.1M3 |
| Operating income | -$1.2M4 | -$1.1M5 | -$890.2K6 | -$476.6K7 | -$755.2K8 | -$595.1K3 | -$323.1K3 |
| Income tax | $13.1K4 | $12.9K5 | $2.6K6 | $1.8K7 | $6198 | $5853 | $1.3K3 |
| Net income | -$1.3M4 | -$1.2M5 | -$945.1K6 | -$548.6K7 | -$823.8K8 | -$373.8K3 | -$288.2K3 |
| Earnings per share | -$0.029 | -$0.013 | $0.003 | ||||
| Earnings per share (diluted) | -$0.029 |
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $3.0M5 | $1.2M6 | $486.5K7 | $335.8K7 | $362.7K8 | $148.3K3 | $55.6K3 |
| Current assets | $3.3M4 | $1.6M5 | $1.2M6 | $966.6K7 | $770.2K8 | $742.9K3 | $562.2K3 |
| Total assets | $3.7M4 | $2.0M5 | $1.5M6 | $1.3M7 | $1.2M8 | $1.1M3 | $877.9K3 |
| Current liabilities | $927.5K4 | $423.0K5 | $399.9K6 | $409.7K7 | $448.7K8 | $727.9K3 | $552.6K3 |
| Long-term debt | $1.4M4 | $1.2M5 | $1.6M6 | $1.8M7 | $2.4M8 | $2.5M3 | $2.7M3 |
| Total liabilities | $2.3M4 | $1.6M5 | $2.0M6 | $2.3M7 | $3.0M8 | $3.3M3 | $3.3M3 |
| Shareholders’ equity | $1.4M5 | $342.9K6 | -$432.1K7 | -$963.0K8 | -$1.8M3 | -$2.2M3 | -$2.4M3 |
| Shares outstanding | 64.9M shares4 | 64.9M shares5 | 68.1M shares6 | 68.1M shares7 | 68.1M shares8 | 68.1M shares3 | 68.1M shares3 |
Recent filings
- Mar 30, 202310-K
- Feb 10, 20238-K
- Nov 14, 202210-Q
- Oct 5, 20228-K
- Aug 31, 2022DEF 14A
- Aug 15, 202210-Q
- May 16, 202210-Q QUARTERLY REPORT
- Mar 31, 202210-K ANNUAL REPORT
- Dec 17, 20214 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
- Nov 23, 20218-K CURRENT REPORT
- Nov 15, 202110-Q QUARTERLY REPORT
- Oct 28, 20218-K CURRENT REPORT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
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