GTHP on OTC

GUIDED THERAPEUTICS INC

In its 2026 annual report the company says: “We are a medical technology company focused on developing innovative medical devices that have the potential to improve healthcare. Our primary focus is the sales and marketing of our LuViva® Advanced Cervical Scan non-invasive cervical cancer detection device.”4 It is headquartered in Norcross, United States.2 Its shares trade on OTC under the symbol GTHP.2

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Last updated Oct 20, 2026.

Overview

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  • TickerGTHP on OTC2
  • IndustryElectromedical & Electrotherapeutic Apparatus2
  • HeadquartersNorcross, United States2
  • Incorporated inDE3
  • Business address5835 Peachtree Corners East, Suite B, Peachtree Corners, Ga 300923
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300A0UBF5OC8O7M542
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 23138782

We are a medical technology company focused on developing innovative medical devices that have the potential to improve healthcare. Our primary focus is the sales and marketing of our LuViva® Advanced Cervical Scan non-invasive cervical cancer detection device. The underlying technology of LuViva primarily relates to the use of biophotonics for the non-invasive detection of cancers. LuViva is designed to identify cervical cancers and precancers painlessly, non-invasively and at the point of care by scanning the cervix with light, then analyzing the reflected and fluorescent light.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

74.4%Gross margin5
-309.3%Operating margin5
-416.7%Net margin5
10857.1%Revenue growth, 20255
-$1.1MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue15¢$196.0K
  • Research and development37¢$469.0K
  • Interest48¢$617.0K

Out of $767.0K in revenue.5 The company lost money this year.

Financial statements

Revenue6789105$767.0K in 2025+2031% since 2019
0$200.0K$400.0K$600.0K$800.0K2019: $36.0K$36.0K20192020: $102.0K$102.0K2020+183%2021: $81.0K$81.0K2021−21%2022: $13.0K$13.0K2022−84%2023: $98.0K$98.0K2023+654%2024: $7.0K$7.0K2024−93%2025: $767.0K$767.0K2025+10857%
Gross profit6789105$571.0K in 2025
-$200.0K0$200.0K$400.0K$600.0K2019: -$34.0K-$34.0K20192020: $143.0K$143.0K20202021: $20.0K$20.0K2021−86%2022: -$68.0K-$68.0K20222023: $36.0K$36.0K20232024: $2.0K$2.0K2024−94%2025: $571.0K$571.0K2025+28450%
Operating income6789105-$2.4M in 2025+153% since 2019
-$4.0M-$3.0M-$2.0M-$1.0M02019: -$937.0K-$937.0K20192020: -$1.1M-$1.1M2020+12%2021: -$2.4M-$2.4M2021+125%2022: -$3.3M-$3.3M2022+41%2023: -$3.5M-$3.5M2023+4%2024: -$2.1M-$2.1M2024−39%2025: -$2.4M-$2.4M2025+13%
Net income6789105-$3.2M in 2025+66% since 2019
-$6.0M-$4.0M-$2.0M02019: -$1.9M-$1.9M20192020: -$279.0K-$279.0K2020−85%2021: -$2.1M-$2.1M2021+642%2022: -$4.3M-$4.3M2022+110%2023: -$3.5M-$3.5M2023−20%2024: -$2.4M-$2.4M2024−31%2025: -$3.2M-$3.2M2025+32%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Sales - devices and disposables$767.0K$7.0K
Cost of goods sold$196.0K$5.0K
Gross profit$571.0K$2.0K
Research and development$469.0K$526.0K
Sales and marketing$169.0K$287.0K
General and administrative$2.3M$1.3M
Total operating expenses$2.9M$2.1M
Loss from operations-$2.4M-$2.1M
Interest expense-$617.0K-$381.0K
Interest income$0$3.0K
Change in fair value of derivative liability$65.0K-$18.0K
Gain from forgiveness of debt$96.0K$69.0K
Loss on extinguishment of debt-$533.0K$0
Other income$165.0K$18.0K
Total other income (expense)-$824.0K-$309.0K
Loss before income taxes-$3.2M-$2.4M
Provision for income taxes$0$0
Net loss-$3.2M-$2.4M
Preferred stock dividends-$150.0K-$174.0K
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS-$3.3M-$2.6M
Basic-$0.04-$0.05
Diluted-$0.04-$0.05
Basic78.4M shares57.3M shares
Diluted78.4M shares57.3M shares

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Corporate structure

GUIDED THERAPEUTICS INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GUIDED THERAPEUTICS INC

  • Auctus Fund Management LLC Filed SCHEDULE 13G/A on GUIDED THERAPEUTICS INC, latest Nov 14, 2024 (4 filings since Oct 24, 2022)
  • Rosalind Advisors, Inc. Filed SC 13G/A on GUIDED THERAPEUTICS INC, latest Feb 20, 2024 (2 filings since Jul 6, 2022)
  • GUIDED THERAPEUTICS INC Norcross, Georgia, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What GUIDED THERAPEUTICS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.6M10 Dec 31, 2024$1.6M10 Dec 31, 20230%
Accumulated depreciation$1.6M5 Dec 31, 2025$1.6M5 Dec 31, 2024+0.6%
Property and equipment, net$16.0K5 Dec 31, 2025$23.0K5 Dec 31, 2024−30.4%
Operating-lease assets (leased space)$686.0K5 Dec 31, 2025$141.0K5 Dec 31, 2024+386.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$448.0K5 Dec 31, 2025$633.0K5 Dec 31, 2024−29.2%
Raw materials$1.2M5 Dec 31, 2025$1.4M5 Dec 31, 2024−12.6%
Work in process$71.0K5 Dec 31, 2025$46.0K5 Dec 31, 2024+54.3%
Finished goods$4.0K5 Dec 31, 2025$43.0K5 Dec 31, 2024−90.7%

Properties, in its own words

Our corporate offices, which also comprise our administrative, research and development, marketing and production facilities, are located at 5835 Peachtree Corners East, Suite B, Peachtree Corners, Georgia 30092, where we lease approximately 12,835 square feet under a lease that expires in July 2031.

Item 2 of the 10-K filed Mar 31, 2026.4

Leadership

Who has led GUIDED THERAPEUTICS INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Former names

  • SPECTRX INCNov 12, 1997 to Feb 28, 20083

Timeline

  1. Mar 10, 20268-K Entered a material agreement; Unregistered sale of shares; Other events34
  2. Dec 23, 20248-K Entered a material agreement35
  3. Sep 27, 20248-K Entered a material agreement36
  4. Mar 9, 20238-K Executive or director change37
  5. Sep 15, 20228-K Entered a material agreement; Unregistered sale of shares; Other events38
  6. Jul 29, 20228-K Change to shareholders' rights; Bylaws or fiscal year changed39
  7. Jan 7, 20228-K Change to shareholders' rights; Bylaws or fiscal year changed40
  8. Feb 7, 2014New chief executive Gene S. Cartwright becomes CEO13
  9. Jan 16, 2009New chief executive Mark L. Faupel becomes CEO14
  10. Mar 31, 2006New chief executive Mark A. Samuels becomes CEO15
  11. Oct 27, 1992Founded GUIDED THERAPEUTICS INC is founded2

Filings

89 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 7 major events, 47 insider forms, 6 large holders, 9 other. The latest 20:

  1. Aug 13, 202610-Q EDGAR
  2. May 15, 202610-Q EDGAR
  3. May 5, 20264 EDGAR
  4. Apr 7, 20264 EDGAR
  5. Apr 7, 20264 EDGAR
  6. Apr 7, 20264 EDGAR
  7. Mar 31, 202610-K EDGAR
  8. Mar 12, 20264 EDGAR
  9. Mar 10, 20268-K EDGAR
  10. Mar 4, 20264 EDGAR
  11. Nov 13, 202510-Q EDGAR
  12. Sep 5, 20254 EDGAR
  13. Sep 5, 20254 EDGAR
  14. Sep 5, 20254 EDGAR
  15. Sep 5, 20254 EDGAR
  16. Aug 14, 202510-Q EDGAR
  17. Jun 13, 20254 EDGAR
  18. Jun 12, 20254 EDGAR
  19. Jun 12, 20254 EDGAR
  20. May 23, 20254/A FORM 4 A EDGAR

The 89 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 15 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 29, 2025Grujic AlanDirectorBuy152,108Form 4
Aug 29, 2025Imhoff John EDirectorBuy166,667$0.18$30.0KForm 4
Aug 29, 2025JAMES MICHAEL CDirectorBuy27,778$0.18$5.0KForm 4
Mar 18, 2025Imhoff John EDirectorBuy1,263,069$0.10$126.3KForm 4
Mar 18, 2025Imhoff John EDirectorBuy1,263,069$0.10$126.3KForm 4
Mar 18, 2025JAMES MICHAEL CDirectorBuy412,945$0.10$41.3KForm 4
Mar 13, 2025Imhoff John EDirectorBuy150Form 4
Mar 7, 2025Imhoff John EDirectorBuy286Form 4
Mar 7, 2025Imhoff John EDirectorBuy286Form 4
Dec 18, 2024Imhoff John EDirectorBuy1,615,385Form 4
Sep 23, 2024Imhoff John EDirectorBuy1,666,667Form 4
Aug 11, 2023Imhoff John EDirectorBuy500,899Form 4
Sep 2, 2022Blumberg Richard P.DirectorBuy1,000,000Form 4
Sep 2, 2022Imhoff John EDirectorBuy500,000Form 4
Sep 2, 2022JAMES MICHAEL CDirectorBuy100,000Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How GUIDED THERAPEUTICS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGUIDED THERAPEUTICS INC1
  • CIK0000924515
  • Employer ID (EIN)58-20295434
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)3845 Electromedical & Electrotherapeutic Apparatus1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address5835 Peachtree Corners East, Suite B, Peachtree Corners, GA 300921
  • Phone77024287231
  • Shares outstanding96,537,349 as of Aug 7, 202612
  • Public float$10.5M as of Jun 30, 20254
  • AuditorUHY LLP, Sterling Heights, Michigan PCAOB ID 1195; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceFeb 27, 19971
  • Filings1,160 in all: 4 (276), 8-K (258), 424B3 (127), 10-Q (80), SC 13G/A (29), NT 10-Q (26), SC 13G (25), 10-K (24)1
    All 51 form types

    DEF 14A (24), UPLOAD (23), CORRESP (22), EFFECT (21), S-1/A (19), 3 (18), 8-K/A (16), S-1 (16), 4/A (15), PRE 14A (13), POS AM (12), SC 13D/A (11), 10-Q/A (9), 10QSB (9), NT 10-K (8), S-8 (6), SC 13D (6), 10-K/A (5), PRER14A (5), 424B4 (4), D (4), REGDEX (4), RW (4), S-3/A (4), SC TO-I/A (4), 10-K405 (3), 10KSB (3), 3/A (3), REGDEX/A (3), 10-K405/A (2), 10QSB/A (2), 8-A12G (2), ARS (2), S-2/A (2), S-3 (2), SC TO-I (2), 10KSB/A (1), DEFA14A (1), DEFS14A (1), PRES14A (1), S-2 (1), SB-2 (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Jul 6, 2021
    Latest 8-K (8-K) Mar 10, 2026

Risk factors and legal proceedings

The risks GUIDED THERAPEUTICS INC names in Item 1A of its 10-K filed Mar 31, 2026: 37 risks under these headings, as written.4

  • We will be required to raise additional funds. There is no assurance that such funds can be raised on terms that we would find acceptable, on a timely basis, or at all.
  • If we cannot obtain additional funds when needed, we will not be able to implement our business plan.
  • We have a history of losses, and we expect losses to continue.
  • Our ability to sell our products is controlled by government regulations, and we may not be able to obtain any necessary clearances or approvals.
  • In foreign countries, including European countries, we are subject to government regulation, which could delay or prevent our ability to sell our products in those jurisdictions.
  • Russia’s invasion of Ukraine, and sanctions brought by the United States and other countries against Russia, have caused disruptions in many business sectors outside of the medical sector and have resulted in significant market disruptions and increased volatility in the price of certain commodities, including oil and natural gas.
  • Escalation of geopolitical conflicts in the Middle East could adversely affect our business, financial condition, and results of operations.
  • Risks related to tariffs and international trade policies could adversely affect our business, financial condition, and results of operations.
  • In the United States, our products would be subject to regulation by the U.S. FDA, which could prevent us from selling our products domestically.
  • Even if we obtain clearance or approval to sell our products, we are subject to ongoing requirements and inspections that could lead to the restriction, suspension or revocation of our clearance.
  • We depend on a limited number of distributors and any reduction, delay or cancellation of an order from these distributors or the loss of any of these distributors could cause our revenue to decline.
  • To successfully market and sell our products internationally, we must address many issues with which we have limited experience.
The other 25 risks
  • To market and sell LuViva internationally, we depend on distributors and they may not be successful.
  • Our success largely depends on our ability to maintain and protect the proprietary information on which we base our products.
  • We may not be able to generate sufficient sales revenues to sustain our growth and strategy plans.
  • Because our products, which use different technology or apply technology in different ways than other medical devices, are or will be new to the market, we may not be successful in launching our products and our operations and growth would be adversely affected.
  • If we are unable to compete effectively in the highly competitive medical device industry, our future growth and operating results will suffer.
  • We have limited manufacturing experience, which could limit our growth.
  • Since we rely on sole source suppliers for several of the components used in our products, any failure of those suppliers to perform would hurt our operations.
  • Because we operate in an industry with significant product liability risk, and we have not specifically insured against this risk, we may be subject to substantial claims against our products.
  • The availability of third-party reimbursement for our products is uncertain, which may limit consumer use and the market for our products.
  • We have a substantial amount of indebtedness, which may adversely affect our cash flow and our ability to operate our business.
  • Our success depends on our ability to attract and retain scientific, technical, managerial and finance personnel.
  • Certain provisions of our certificate of incorporation that authorize the issuance of additional shares of preferred stock may make it more difficult for a third party to effect a change in control.
  • Risks Related to Our Securities
  • The market prices for our common stock are volatile and will fluctuate.
  • There is a limited market for our securities.
  • Raising additional capital may cause dilution to our existing stockholders, restrict our operations or require us to relinquish rights to our technologies.
  • Future offerings of debt or equity securities may rank senior to common stock.
  • Common stockholders are subordinated to our lenders.
  • Future sales of common stock by officers and directors may negatively impact the market price for our common stock.
  • We do not currently pay dividends on our common stock and have no intention to pay dividends on our common stock for the foreseeable future.
  • In connection with the audits of our financial statements as of and for the years ended December 31, 2025 and 2024, material weaknesses in our internal control over financial reporting were identified and we may identify additional material weaknesses in the future.
  • Anti-takeover provisions in our Amended and Restated Certificate of Incorporation and By-laws may reduce the likelihood of a potential change of control, or make it more difficult for our stockholders to replace management.
  • If securities or industry analysts publish inaccurate or unfavorable research about our business, our share price and trading volume may decline.
  • The number of shares of our common stock issuable upon the conversion of our outstanding convertible debt and preferred stock or exercise of outstanding warrants and options is substantial.
  • Adjustments to the conversion price of some of our convertible debt and preferred stock, and the exercise price for certain of our warrants, will dilute the ownership interests of our existing stockholders.
  • Our need to raise additional capital in the near future or to use our equity securities for payments could have a dilutive effect on your investment.

Legal proceedings

Although we may, from time to time, be involved in various legal claims arising out of our operations in the normal course of business, we are not currently subject to any claims or actions that we believe would have a material adverse effect on our financial position or results of operations.

The opening of Item 3, Legal Proceedings.4

Sources

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