Private company
Avinger Inc
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 2023
26.2%Gross margin3
-217.4%Operating margin3
-239.4%Net margin3
-7.5%Revenue growth, 20233
-$14.4MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue22¢$5.6M
- Research and development17¢$4.5M
- Selling, general and admin54¢$14.1M
- Interest7¢$1.7M
Out of $7.7M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $9.9M4 | $7.9M5 | $9.1M6 | $8.8M7 | $10.1M8 | $8.3M3 | $7.7M3 |
| Cost of revenue | $13.0M9 | $6.5M5 | $6.3M6 | $6.1M7 | $6.7M8 | $5.6M3 | $5.6M3 |
| Gross profit | -$3.1M9 | $1.4M5 | $2.9M6 | $2.6M7 | $3.4M8 | $2.7M3 | $2.0M3 |
| Research and development | $11.3M9 | $6.0M5 | $5.7M6 | $5.7M7 | $5.9M8 | $4.4M3 | $4.5M3 |
| Selling, general and admin | $25.1M9 | $18.4M5 | $16.5M6 | $14.3M7 | $15.6M8 | $14.2M3 | $14.1M3 |
| Operating income | -$42.6M9 | -$23.0M5 | -$19.4M6 | -$17.4M7 | -$18.1M8 | -$16.0M3 | -$16.6M3 |
| Interest | $6.3M9 | $5.7M5 | $1.5M6 | $1.7M7 | $1.6M8 | $1.7M3 | $1.7M3 |
| Income tax | $07 | $08 | $03 | $03 | |||
| Net income | -$48.7M9 | -$27.6M5 | -$19.4M6 | -$19.0M7 | -$17.4M8 | -$17.6M3 | -$18.3M3 |
| Earnings per share | -$4.578 | -$65.333 | -$23.313 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $5.4M5 | $16.4M5 | $10.9M6 | $22.2M7 | $19.5M8 | $14.6M3 | $5.3M3 |
| Current assets | $11.5M9 | $21.6M5 | $16.6M6 | $27.9M7 | $25.8M8 | $21.0M3 | $12.2M3 |
| Total assets | $15.1M9 | $23.7M5 | $23.8M6 | $33.2M7 | $29.5M8 | $24.2M3 | $13.8M3 |
| Current liabilities | $50.5M9 | $14.2M5 | $12.8M6 | $7.5M7 | $4.7M8 | $17.9M3 | $19.3M3 |
| Total liabilities | $50.8M9 | $14.2M5 | $16.9M6 | $20.1M7 | $19.8M8 | $20.0M3 | $20.0M3 |
| Shareholders’ equity | -$35.7M5 | $9.5M6 | $6.9M7 | $13.1M8 | $9.7M3 | $4.1M3 | -$6.2M3 |
| Shares outstanding | 833.6K shares9 | 3.5M shares5 | 10.4M shares6 | 84.9M shares6 | 4.8M shares8 | 522.2K shares3 | 1.3M shares3 |
Recent filings
- Feb 10, 20258-K
- Feb 5, 20258-K
- Jan 24, 20258-K
- Jan 24, 20254
- Jan 24, 20254
- Jan 24, 20254
- Jan 3, 20258-K
- Jan 2, 20258-K
- Dec 23, 2024DEF 14A
- Dec 19, 20248-K
- Dec 13, 20248-K
- Dec 11, 20248-K
- Nov 22, 20248-K
- Nov 7, 202410-Q
- Nov 7, 20248-K
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.
- 1SEC EDGARAvinger Inc filings on SEC EDGAR
- 2SEC EDGARAvinger Inc filings on SEC EDGAR
- 3SEC EDGARAvinger Inc 10-K for fiscal 2023
- 4SEC EDGARAvinger Inc 10-K for fiscal 2017
- 5SEC EDGARAvinger Inc 10-K for fiscal 2018
- 6SEC EDGARAvinger Inc 10-K for fiscal 2019
- 7SEC EDGARAvinger Inc 10-K for fiscal 2020
- 8SEC EDGARAvinger Inc 10-K for fiscal 2021
- 9SEC EDGARAvinger Inc 10-K for fiscal 2017
- 10SEC EDGARAvinger Inc 10-Q for fiscal 2024
- 11SEC EDGARAvinger Inc 10-Q for fiscal 2024
- 12SEC EDGARAvinger Inc 10-Q for fiscal 2024