EKIMAS (ASNB)

AdvanSource Biomaterials Corp. engages in the development of polymer materials which provide critical characteristics in the design and development of medical devices. Its biomaterials are used in devices that are designed for treating a range of anatomical sites and disease states. Its products include ChronoFlex, ChronoSil, HydroMed, HydroThane, and PolyBlend. The company was founded in 1993 and is headquartered in Wilmington, MA.

Company profile

Ticker

ASNB

Exchange

OTC

Website

www.advbiomaterials.com

CEO

Michael F. Adams

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Mar 31

Sector

Health Technology > Medical Specialties

Industry (SIC)

Surgical & Medical Instruments & Apparatus

3M • Baxter International • Boston Scientific • Stryker • Becton, Dickinson And • Teleflex • Resmed • Hill-Rom • Nuvasive • Integra Lifesciences ...

Former names

AdvanSource Biomaterials Corp, CARDIOTECH INTERNATIONAL INC

SEC CIK

0001011060

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

43186647

ASNB stock data

1M 1Y 5Y

Calendar

8 Jul 22

12 Aug 22

31 Mar 23

Financial summary

Financial statements Chart ASNB financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 22	Mar 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	246K	246K	246K	246K	246K	246K
Cash burn (monthly)	(no burn)	(no burn)	17.67K	25.75K	25.33K	23.5K
Cash used (since last report)	n/a	n/a	78.09K	113.82K	111.97K	103.87K
Cash remaining	n/a	n/a	167.91K	132.18K	134.03K	142.13K
Runway (months of cash)	n/a	n/a	9.5	5.1	5.3	6.0

Beta Read what these cash burn values mean

Financial data from EKIMAS earnings reports.

Recent insider trades

ASNB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 May 22	Rouf Henrik	Common Stock	Buy	Dispose P	Yes	No	0.0001	778,618	77.86	778,618
17 May 22	Rouf Henrik	Common Stock	Buy	Dispose P	Yes	No	0.04	3,557,239	142.29K	1,557,236
17 Mar 22	Rouf Henrik	Common Stock	Buy	Acquire P	Yes	No	0.0426	4,691,750	199.87K	5,114,475

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

ASNB institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-K 2022 FY

Financial reports

View all

10-K/A

2022 FY

Annual report (amended)