Repro Med Systems, Inc. dba KORU Medical System develops, manufactures, and commercializes innovative and easy-to-use specialty infusion solutions that improve quality of life for patients around the world. The FREEDOM Syringe Infusion System currently includes the FREEDOM60® and FreedomEdge® Syringe Infusion Drivers, Precision Flow Rate Tubing™ and HIgH-Flo Subcutaneous Safety Needle Sets™. These devices are used for infusions administered in the home and alternate care settings.

Company profile
Ticker
KRMD
Exchange
Website
CEO
Donald B. Pettigrew
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
3M • Baxter International • Boston Scientific • Stryker • Becton, Dickinson And • Teleflex • Resmed • Hill-Rom • Nuvasive • Integra Lifesciences ...
Former names
REPRO MED SYSTEMS INC
SEC CIK
Corporate docs
IRS number
133044880
KRMD stock data
News

KORU Medical Systems: Q2 Earnings Insights
3 Aug 22
KORU Medical Systems Q2 EPS $(0.07), Inline, Sales $6.55M Beat $6.29M Estimate
3 Aug 22
Earnings Scheduled For August 3, 2022
3 Aug 22
Mosaic Tumbles Around 10%, Here's 71 Biggest Movers From Yesterday
24 Jun 22
Stocks That Hit 52-Week Lows On Wednesday
15 Jun 22
Calendar
3 Aug 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 18.27M | 18.27M | 18.27M | 18.27M | 18.27M | 18.27M |
Cash burn (monthly) | 1.44M | 689.41K | 1.2M | 847.93K | 957.75K | 514.06K |
Cash used (since last report) | 2.06M | 987.19K | 1.72M | 1.21M | 1.37M | 736.09K |
Cash remaining | 16.21M | 17.28M | 16.54M | 17.05M | 16.89M | 17.53M |
Runway (months of cash) | 11.3 | 25.1 | 13.7 | 20.1 | 17.6 | 34.1 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Jun 22 | Manko Joseph M. Jr. | Common Stock | Grant | Acquire A | Yes | No | 0 | 6,002 | 0 | 7,419,649 |
30 Jun 22 | Donna French | Common Stock | Grant | Acquire A | No | No | 2.5 | 6,002 | 15.01K | 23,052 |
30 Jun 22 | Beck James M | Common Stock | Grant | Acquire A | No | No | 2.5 | 6,002 | 15.01K | 73,582 |
30 Jun 22 | Fletcher R John | Common Stock | Grant | Acquire A | No | No | 2.5 | 9,003 | 22.51K | 118,963 |
Institutional ownership, Q1 2022
58.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 4 |
Closed positions | 13 |
Increased positions | 9 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 213.05M |
Total shares | 26.26M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Horton Capital Partners | 10.74M | $37.49M |
First Light Asset Management | 6.1M | $17.45M |
Archon Capital Management | 2.95M | $8.44M |
Vanguard | 1.34M | $3.84M |
Altium Capital Management | 995.5K | $2.85M |
Albion Financial | 990K | $2.83M |
Parkman Healthcare Partners | 672.46K | $1.92M |
272 Capital | 520.54K | $1.49M |
BLK Blackrock | 350.44K | $1M |
Geode Capital Management | 322.58K | $922K |
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Avg
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New words:
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Removed:
anniversary, announced, annum, bear, calendar, Chronic, closing, commencement, consecutive, continuity, customary, default, Deficiency, Demyelinating, departure, disease, division, exemption, fewer, financed, fixed, fulfillment, granting, Immune, Inflammatory, installment, KEF, kind, largest, Linda, margin, Master, med, met, monitor, MSA, penalty, periodic, Polyneuropathy, PPLSA, precipitated, prepayment, promissory, registration, replacement, replacing, repro, secure, secured, seeking, strategy, Tharby, type, typical, unpaid
Financial reports
Current reports
8-K
KORU Medical Systems Announces 2022 Second Quarter Financial Results
3 Aug 22
8-K
Entry into a Material Definitive Agreement
6 Jul 22
8-K
Amendments to Articles of Incorporation or Bylaws
28 Jun 22
8-K
Entry into a Material Definitive Agreement
18 May 22
8-K
Submission of Matters to a Vote of Security Holders
10 May 22
8-K
KORU Medical Systems Announces 2022 First Quarter Financial Results
4 May 22
8-K
Koru Medical Systems Announces 2021 Q4 and Full Year Financial Results
2 Mar 22
8-K
Regulation FD Disclosure
10 Dec 21
8-K
KORU Medical Systems to Unveil Updated Strategic Plan at Investor Day
7 Dec 21
8-K
Koru Medical Systems Announces 2021 Third Quarter Financial Results
10 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
30 Jun 22
S-8
Registration of securities for employees
7 Jan 22
424B5
Prospectus supplement for primary offering
22 Jun 20
424B5
Prospectus supplement for primary offering
18 Jun 20
S-3
Shelf registration
14 May 20
424B3
Prospectus supplement
12 Mar 20
POS AM
Prospectus update (post-effective amendment)
4 Mar 20
424B3
Prospectus supplement
25 Feb 20
424B3
Prospectus supplement
24 Jan 20
424B3
Prospectus supplement
14 Nov 19
Other
EFFECT
Notice of effectiveness
21 May 20
CORRESP
Correspondence with SEC
17 May 20
UPLOAD
Letter from SEC
17 May 20
EFFECT
Notice of effectiveness
12 Mar 20
CERT
Certification of approval for exchange listing
16 Oct 19
EFFECT
Notice of effectiveness
11 Mar 19
CORRESP
Correspondence with SEC
4 Mar 19
UPLOAD
Letter from SEC
13 Feb 19
UPLOAD
Letter from SEC
10 Mar 11
CORRESP
Correspondence with SEC
1 Mar 11
Ownership
3
KORU Medical Systems / Thomas Edward Adams ownership change
21 Jul 22
4
KORU Medical Systems / Shahriar Matin ownership change
5 Jul 22
4
KORU Medical Systems / ROBERT CASCELLA ownership change
5 Jul 22
4
KORU Medical Systems / R JOHN FLETCHER ownership change
5 Jul 22
4
KORU Medical Systems / James M Beck ownership change
5 Jul 22
4
KORU Medical Systems / Donna French ownership change
5 Jul 22
4
KORU Medical Systems / Joseph M. Jr. Manko ownership change
5 Jul 22
4
REPRO MED SYSTEMS / Joseph M. Jr. Manko ownership change
3 Jun 22
4
REPRO MED SYSTEMS / Joseph M. Jr. Manko ownership change
16 May 22
4
REPRO MED SYSTEMS / Linda M Tharby ownership change
15 May 22
Transcripts
2022 Q2
Earnings call transcript
7 Aug 22
2022 Q1
Earnings call transcript
8 May 22
2021 Q4
Earnings call transcript
3 Mar 22
2021 Q3
Earnings call transcript
11 Nov 21
2021 Q2
Earnings call transcript
12 Aug 21
2021 Q1
Earnings call transcript
12 May 21
2020 Q4
Earnings call transcript
24 Mar 21
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
10 May 20
Reddit threads
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22
Daily Discussion Thread - March 2nd, 2022
2 Mar 22
Daily Discussion Thread - March 1st, 2022
1 Mar 22
Daily Discussion Thread - February 28th, 2022
28 Feb 22
Daily Discussion Thread - November 10th, 2021
10 Nov 21