Is Envoy Medical, Inc. (COCH) a Buy, Sell, or Hold?
NASDAQ : COCH
Envoy Medical, Inc.
$0.7016 USD
-$0.06 (-7.7%)
- Volume
- 320.06K
- Average Volume
- 363.79K
- Market Capitalization
- $14.59M
- P/E Ratio
- -0.69
- Dividend Yield
- 0.00%
- Price Target
- $6.00
- Year High
- $1.89
- Year Low
- $0.36
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$0.08
- Current Ratio
- $2.27
COCH Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| revenue | 241K | 225K | 316K | 237K | 310K | - |
| costOfRevenue | 874K | 742K | 789K | 498K | 769K | - |
| grossProfit | -633K | -517K | -473K | -261K | -459K | - |
| researchAndDevelopmentExpenses | 12.49M | 10.18M | 8.96M | 4.98M | 3.94M | - |
| generalAndAdministrativeExpenses | 7.93M | 6.83M | 7.26M | 2.58M | 2.47M | - |
| sellingAndMarketingExpenses | 1.22M | 1.73M | 1.67M | 885K | - | - |
| sellingGeneralAndAdministrativeExpenses | 9.15M | 8.56M | 8.93M | 3.47M | 2.47M | 701 |
| otherExpenses | - | - | - | - | - | - |
| operatingExpenses | 21.64M | 18.74M | 17.89M | 8.44M | 6.41M | 701 |
| costAndExpenses | 22.51M | 19.48M | 18.68M | 8.94M | 7.18M | 701 |
| netInterestIncome | -1.59M | -816K | - | - | 37665 | - |
| interestIncome | - | - | - | - | 37665 | - |
| interestExpense | 1.59M | 816K | - | - | - | - |
| depreciationAndAmortization | 302K | 173K | 133K | 75000 | 71000 | - |
| ebitda | -21.86M | -19.81M | -29.79M | -15.85M | -8.6M | -701 |
| ebit | -22.17M | -19.98M | -29.92M | -15.92M | -8.68M | -701 |
| nonOperatingIncomeExcludingInterest | -104K | 723K | 11.56M | 7.22M | 1.8M | - |
| operatingIncome | -22.27M | -19.26M | -18.36M | -8.71M | -6.87M | -701 |
| totalOtherIncomeExpensesNet | -1.49M | -1.54M | -11.56M | -7.22M | -1.8M | - |
| incomeBeforeTax | -23.76M | -20.8M | -29.92M | -15.92M | -8.68M | -701 |
| incomeTaxExpense | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -23.76M | -20.8M | -29.92M | -15.92M | -8.68M | -701 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -23.76M | -20.8M | -29.92M | -15.92M | -8.68M | -701 |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -23.76M | -27.97M | -31.27M | -15.92M | -10.68M | -701 |
| eps | -1.23 | -1.49 | -2.54 | -1.57 | -1.05 | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 3.74M | 5.48M | 4.22M | 183K | 1.12M | 25000 |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 3.74M | 5.48M | 4.22M | 183K | 1.12M | 25000 |
| netReceivables | 34000 | 818K | 70000 | 41000 | 88000 | - |
| accountsReceivables | 34000 | 38000 | 70000 | 41000 | 88000 | - |
| otherReceivables | - | 780K | - | - | - | - |
| inventory | 1.55M | 1.71M | 1.4M | 1.3M | 1.06M | - |
| prepaids | - | - | 1.59M | 129K | 167K | - |
| otherCurrentAssets | 960K | 1.38M | 176K | - | - | - |
| totalCurrentAssets | 6.28M | 9.38M | 7.46M | 1.65M | 2.44M | 25000 |
| propertyPlantEquipmentNet | 1.92M | 2.15M | 815K | 908K | 188K | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 358K | - | - | - | - | 94992 |
| totalNonCurrentAssets | 2.28M | 2.15M | 815K | 908K | 188K | 94992 |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 8.56M | 11.54M | 8.27M | 2.56M | 2.62M | 119.99K |
| totalPayables | 6.7M | 1.65M | 1.55M | 1M | 715K | 95693 |
| accountPayables | 2.92M | 1.65M | 1.55M | 1M | 661K | 95693 |
| otherPayables | 3.78M | - | - | - | 54000 | - |
| accruedExpenses | - | - | 3.81M | 608K | 275K | - |
| shortTermDebt | 174K | - | - | 448K | - | - |
| capitalLeaseObligationsCurrent | - | 143K | 158K | 125K | - | - |
| taxPayables | - | - | - | 6000 | 54000 | - |
| deferredRevenue | - | - | - | 15000 | 15000 | - |
| otherCurrentLiabilities | 4.69M | 5.74M | 1.76M | 320K | 379K | - |
| totalCurrentLiabilities | 11.56M | 7.54M | 7.28M | 2.52M | 1.38M | 95693 |
| longTermDebt | 745K | 18.72M | - | 33.4M | 23.48M | - |
| capitalLeaseObligationsNonCurrent | - | 802K | 404K | 565K | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 8.02M | 3.32M | 2.36M | 2.27M | 22.72M | - |
| totalNonCurrentLiabilities | 8.76M | 22.84M | 2.76M | 36.23M | 46.2M | - |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | - | 945K | 562K | 690K | - | - |
| totalLiabilities | 20.32M | 30.38M | 10.05M | 38.75M | 47.58M | 95693 |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 3000 | 2000 | 2000 | 1000 | 1.39M | 1208 |
| retainedEarnings | -313.4M | -284.73M | -257.26M | -225.98M | -210.06M | -701 |
| additionalPaidInCapital | - | 266.01M | 255.6M | 189.9M | 163.82M | 23792 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| netIncome | -23.76M | -22.45M | -29.92M | -15.92M | -8.68M |
| depreciationAndAmortization | 302K | 173K | 133K | 75000 | 71000 |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | 88000 | - | 1.58M | - | - |
| changeInWorkingCapital | 1.84M | -638K | -983K | -160K | -82000 |
| accountsReceivables | 765K | -572K | -205K | 47000 | -19000 |
| inventory | 126K | -380K | -10000 | -194K | 55000 |
| accountsPayables | 1.38M | -19000 | 551K | 342K | 227K |
| otherWorkingCapital | -437K | 333K | -1.32M | -355K | -345K |
| otherNonCashItems | 3.33M | 4.97M | 12.11M | 7.2M | 1.75M |
| netCashProvidedByOperatingActivities | -18.2M | -17.95M | -17.09M | -8.8M | -6.94M |
| investmentsInPropertyPlantAndEquipment | -179K | -980K | -153K | -218K | -125K |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -179K | -980K | -153K | -218K | -125K |
| netDebtIssuance | 9.07M | 19.08M | 9.44M | 8M | 8M |
| longTermNetDebtIssuance | 9.07M | 19.08M | 9.44M | 8M | 8M |
| shortTermNetDebtIssuance | - | - | - | - | - |
| netStockIssuance | 9.44M | 3.56M | 11.84M | 92000 | 58000 |
| netCommonStockIssuance | 9.44M | 3.56M | 109K | 92000 | 58000 |
| commonStockIssuance | 9.44M | 3.56M | 109K | 92000 | 58000 |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | 11.74M | - | - |
| netDividendsPaid | -1.82M | -2.45M | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | -1.82M | -2.45M | - | - | - |
| otherFinancingActivities | -62000 | - | - | - | - |
| netCashProvidedByFinancingActivities | 16.63M | 20.2M | 21.28M | 8.09M | 8.06M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 39000 | 75000 | 42000 | 78000 | 46000 | 42000 | 56000 | 68000 | 59000 | 95000 |
| costOfRevenue | 313K | 211K | 203K | 234K | 226K | 157K | 187K | 245K | 153K | 234K |
| grossProfit | -274K | -136K | -161K | -156K | -180K | -115K | -131K | -177K | -94000 | -139K |
| researchAndDevelopmentExpenses | 3.64M | 4.55M | 2.7M | 2.48M | 2.75M | 2.47M | 2.76M | 2.59M | 2.36M | 3.06M |
| generalAndAdministrativeExpenses | 1.88M | 1.6M | 2.44M | 2.07M | 1.82M | 1.42M | 1.69M | 1.6M | 2.12M | 3.02M |
| sellingAndMarketingExpenses | 164K | 96000 | 405K | 361K | 358K | 518K | 394K | 497K | 325K | 513K |
| sellingGeneralAndAdministrativeExpenses | 2.04M | 1.7M | 2.85M | 2.43M | 2.18M | 1.94M | 2.09M | 2.09M | 2.44M | 3.53M |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 5.68M | 6.25M | 5.55M | 4.91M | 4.93M | 4.41M | 4.84M | 4.68M | 4.8M | 6.58M |
| costAndExpenses | 6M | 6.46M | 5.75M | 5.15M | 5.15M | 4.57M | 5.03M | 4.93M | 4.96M | 6.82M |
| netInterestIncome | - | - | -471K | -624K | -495K | -384K | -264K | -132K | -36000 | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | 471K | 624K | 495K | 384K | 264K | 132K | 36000 | - |
| depreciationAndAmortization | 73000 | 80000 | 76000 | 85000 | 61000 | 48000 | 49000 | 42000 | 34000 | 48000 |
| ebitda | -4.28M | -6.51M | -5.94M | -4.98M | -4.44M | -4.19M | -5.65M | -3.77M | -6.2M | -4.85M |
| ebit | -4.35M | -6.59M | -6.01M | -5.07M | -4.5M | -4.23M | -5.7M | -3.82M | -6.23M | -4.9M |
| nonOperatingIncomeExcludingInterest | -1.61M | 201K | 303K | -4000 | -604K | -290K | 722K | -1.04M | 1.34M | -1.83M |
| operatingIncome | -5.96M | -6.38M | -5.71M | -5.07M | -5.11M | -4.52M | -4.97M | -4.86M | -4.9M | -6.72M |
| totalOtherIncomeExpensesNet | 1.61M | -201K | -774K | -620K | 109K | -94000 | -986K | 913K | -1.37M | 1.83M |
| incomeBeforeTax | -4.35M | -6.59M | -6.48M | -5.69M | -5M | -4.62M | -5.96M | -3.95M | -6.27M | -4.9M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -4.35M | -6.59M | -6.48M | -5.69M | -5M | -4.62M | -5.96M | -3.95M | -6.27M | -4.9M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -4.35M | -6.59M | -6.48M | -5.69M | -5M | -4.62M | -5.96M | -3.95M | -6.27M | -4.9M |
| netIncomeDeductions | - | - | - | - | - | 1.66M | - | - | - | - |
| bottomLineNetIncome | -5.7M | -7.74M | -7.75M | -6.94M | -6.24M | -7.69M | -7.34M | -5.31M | -7.64M | -6.24M |
| eps | -0.08 | -0.27 | -0.35 | -0.32 | -0.29 | -0.36 | -0.37 | -0.27 | -0.41 | -0.25 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 25.25M | 3.74M | 3.56M | 5.29M | 5.31M | 5.48M | 4.42M | 1.75M | 4.94M | 4.22M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 25.25M | 3.74M | 3.56M | 5.29M | 5.31M | 5.48M | 4.42M | 1.75M | 4.94M | 4.22M |
| netReceivables | 48000 | 34000 | 35000 | 63000 | 42000 | 818K | 229K | 202K | 221K | 70000 |
| accountsReceivables | 31000 | 34000 | 35000 | 43000 | 42000 | 38000 | 197K | 174K | 189K | 70000 |
| otherReceivables | 17000 | - | - | 20000 | - | 780K | 32000 | 28000 | 32000 | - |
| inventory | 1.49M | 1.55M | 1.64M | 1.59M | 1.66M | 1.71M | 1.64M | 1.58M | 1.46M | 1.4M |
| prepaids | - | - | - | - | 1.28M | - | - | - | - | 1.59M |
| otherCurrentAssets | 893K | 960K | 527K | 576K | 22999 | 1.38M | 842K | 1.47M | 1.11M | 176K |
| totalCurrentAssets | 27.68M | 6.28M | 5.76M | 7.51M | 8.31M | 9.38M | 7.14M | 5M | 7.73M | 7.46M |
| propertyPlantEquipmentNet | 1.82M | 1.92M | 2.03M | 1.96M | 2.07M | 2.15M | 2.26M | 1.74M | 750K | 815K |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 325K | 358K | 390K | 423K | - | - | - | - | - | - |
| totalNonCurrentAssets | 2.14M | 2.28M | 2.42M | 2.39M | 2.07M | 2.15M | 2.26M | 1.74M | 750K | 815K |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 29.82M | 8.56M | 8.18M | 9.9M | 10.38M | 11.54M | 9.4M | 6.74M | 8.48M | 8.27M |
| totalPayables | 8.66M | 6.7M | 2.68M | 5.07M | 1.66M | 1.65M | 1.76M | 1.59M | 913K | 1.55M |
| accountPayables | 1.7M | 2.92M | 2.68M | 1.62M | 1.66M | 1.65M | 1.76M | 1.59M | 913K | 1.55M |
| otherPayables | 6.96M | 3.78M | - | 3.45M | - | - | - | - | - | - |
| accruedExpenses | 2.69M | - | - | 2.28M | 4.36M | - | 6.85M | 6M | 5.62M | 3.81M |
| shortTermDebt | - | 174K | 168K | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | 178K | - | - | 198K | 145K | 143K | 225K | 175K | 157K | 158K |
| taxPayables | - | - | - | 2.09M | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 680K | 4.69M | 6.14M | 453K | 1.43M | 5.74M | 238K | 290K | 305K | 1.76M |
| totalCurrentLiabilities | 12.21M | 11.56M | 8.99M | 8M | 7.6M | 7.54M | 9.07M | 8.06M | 7M | 7.28M |
| longTermDebt | - | 745K | 778K | 27.93M | 23.11M | 18.72M | 14.36M | 7.29M | 4.82M | - |
| capitalLeaseObligationsNonCurrent | 711K | - | - | 703K | 778K | 802K | 1.03M | 1.12M | 378K | 404K |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 6.35M | 8.02M | 5.95M | 3.12M | 3.13M | 3.32M | 3.47M | 2.65M | 3.7M | 2.36M |
| totalNonCurrentLiabilities | 7.06M | 8.76M | 6.72M | 31.76M | 27.01M | 22.84M | 18.85M | 11.07M | 8.9M | 2.76M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 889K | - | - | 901K | 923K | 945K | 1.25M | 1.3M | 535K | 562K |
| totalLiabilities | 19.27M | 20.32M | 15.71M | 39.76M | 34.61M | 30.38M | 27.93M | 19.12M | 15.89M | 10.05M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 8000 | 3000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 |
| retainedEarnings | -319.1M | -313.4M | -305.66M | -297.91M | -290.97M | -284.73M | -277.53M | -270.19M | -264.88M | -257.26M |
| additionalPaidInCapital | 329.37M | - | - | 268.17M | 266.86M | 266.01M | 259.12M | 257.92M | 257.58M | 255.6M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -4.35M | -6.59M | -6.48M | -5.69M | -5M | -6.28M | -5.96M | -3.95M | -6.27M | -4.9M |
| depreciationAndAmortization | 73000 | 80000 | 76000 | 85000 | 61000 | 48000 | 49000 | 42000 | 34000 | 48000 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 44000 | -64000 | 324K | 146K | 160K | - | - | 142K | 123K | - |
| changeInWorkingCapital | -758K | 78000 | 762K | 77000 | 922K | -1.01M | 1.16M | 228K | -1.19M | -6.81M |
| accountsReceivables | 5000 | 1000 | 9000 | 2000 | 753K | -589K | -27000 | 19000 | 25000 | -137K |
| inventory | 44000 | 125K | -110K | 37000 | 74000 | -143K | 203K | -300K | -140K | -30000 |
| accountsPayables | -1.22M | 412K | 1.01M | -43000 | 10000 | -222K | 168K | 676K | -641K | -1.83M |
| otherWorkingCapital | 413K | -460K | -143K | 81000 | 85000 | -56000 | 814K | -167K | -433K | -4.82M |
| otherNonCashItems | -1.07M | 807K | 989K | 922K | 130K | 2.85M | 1.95M | -1.11M | 1.46M | 515K |
| netCashProvidedByOperatingActivities | -6.06M | -5.68M | -4.33M | -4.46M | -3.72M | -4.39M | -2.81M | -4.65M | -5.85M | -11.14M |
| investmentsInPropertyPlantAndEquipment | - | -172K | - | -1000 | -6000 | 534K | -615K | -790K | -109K | -21000 |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | -172K | - | -1000 | -6000 | 534K | -615K | -790K | -109K | -21000 |
| netDebtIssuance | -208K | -191K | -267K | 4.76M | 4.77M | 4.08M | 7.5M | 2.24M | 5M | -563K |
| longTermNetDebtIssuance | -208K | -291K | -167K | 4.76M | 4.77M | 19.08M | - | 2.24M | 5M | -563K |
| shortTermNetDebtIssuance | - | 100000 | -100000 | - | - | -15M | 7.5M | - | - | - |
| netStockIssuance | 27.78M | 6.29M | 2.87M | 281K | - | 1.44M | 434K | - | 1.68M | -891K |
| netCommonStockIssuance | 27.78M | 6.29M | 2.87M | 281K | - | 1.44M | 434K | - | 1.68M | -891K |
| commonStockIssuance | 27.78M | 6.29M | 2.87M | 281K | - | 1.44M | 434K | - | 1.68M | -891K |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | -1.35M | 1000 | - | -607K | -1.21M | -614K | -1.83M | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | -1.83M | - | - | - |
| preferredDividendsPaid | - | 1000 | - | -607K | -1.21M | -614K | - | - | - | - |
| otherFinancingActivities | 1.35M | -62000 | - | - | - | - | - | - | - | - |
| netCashProvidedByFinancingActivities | 27.57M | 6.04M | 2.6M | 4.44M | 3.55M | 4.91M | 6.1M | 2.24M | 6.68M | -1.45M |