Milestone Scientific Inc. is a biomedical technology research and development company that patents, designs and develops innovative diagnostic and therapeutic injection technologies and instruments for medical, dental, cosmetic and veterinary applications. Milestone's computer-controlled systems are designed to make injections precise, efficient, and virtually painless. Milestone's proprietary DPS Dynamic Pressure Sensing technology® is our technology platform that advances the development of next-generation devices, regulating flow rate and monitoring pressure from the tip of the needle, through platform extensions for local anesthesia for subcutaneous drug delivery, with specific applications for cosmetic botulinum toxin injections, epidural space identification in regional anesthesia procedures and intra-articular joint injections.

Company profile
Ticker
MLSS
Exchange
Website
CEO
Leonard A. Osser
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MILESTONE SCIENTIFIC INC/NJ, U S OPPORTUNITY SEARCH INC
SEC CIK
Corporate docs
Subsidiaries
Wand Dental , Inc. • Milestone Medical Inc. ...
IRS number
133545623
MLSS stock data
News
Milestone Scientific Expands Medical Indications For CompuFlo Epidural Instrument And Commences Disposable Sales To A Veterinary And Academic Institution
27 May 22
Milestone Scientific: Q1 Earnings Insights
17 May 22
Milestone Scientific Q1 EPS $(0.03), Inline, Sales $2.70M Beat $2.50M Estimate
17 May 22
Earnings Scheduled For May 17, 2022
17 May 22
A Preview Of Milestone Scientific's Earnings
16 May 22
Press releases
Milestone Scientific Announces Distribution Agreement with Clinical Technology, Inc. for the CompuFlo® Epidural System
4 Aug 22
Milestone Scientific Commences Sales of its CompuFlo® Epidural System to the University of Scranton for Incorporation in their Student Registered Nurse Anesthesia Curriculum
2 Aug 22
Milestone Scientific Commences Sales of CompuFlo® Epidural Disposables to a Leading Medical Center in Southern California
7 Jul 22
American Medical Association Issues Technology-Specific CPT® Code for Milestone Scientific's CompuFlo Epidural System
6 Jul 22
Milestone Scientific Expands Medical Indications for the CompuFlo® Epidural Instrument and Commences Disposable Sales to a Leading Veterinary and Academic Institution
27 May 22
Investment data
Securities sold
Number of investors
Calendar
15 May 22
12 Aug 22
31 Dec 22
Financial summary
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Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 13.25M | 13.25M | 13.25M | 13.25M | 13.25M | 13.25M |
Cash burn (monthly) | 503.19K | 307.99K | 638.16K | 692.38K | 502.5K | 379.77K |
Cash used (since last report) | 2.22M | 1.36M | 2.81M | 3.05M | 2.21M | 1.67M |
Cash remaining | 11.04M | 11.9M | 10.44M | 10.21M | 11.04M | 11.58M |
Runway (months of cash) | 21.9 | 38.6 | 16.4 | 14.7 | 22.0 | 30.5 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Jun 22 | Goldman Neal I | Common Stock, Par Value $0.001 | Buy | Acquire P | No | No | 0.75 | 9,720 | 7.29K | 1,195,934 |
15 Jun 22 | Goldman Neal I | Common Stock, Par Value $0.001 | Buy | Acquire P | No | No | 0.8 | 5,270 | 4.22K | 1,186,214 |
13 Jun 22 | Giandomenico Trombetta | Common Stock, Par Value $0.001 | Grant | Acquire A | No | No | 0.82 | 30,488 | 25K | 10,127,204 |
13 Jun 22 | Schiller Leonard M | Common Stock, Par Value $0.001 | Grant | Acquire A | No | No | 0.82 | 32,012 | 26.25K | 338,412 |
13 Jun 22 | Leslie Bernhard | Common Stock, Par Value $0.001 | Grant | Acquire A | No | No | 0.82 | 39,634 | 32.5K | 53,992 |
Institutional ownership, Q1 2022
7.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 38 |
Opened positions | 4 |
Closed positions | 3 |
Increased positions | 4 |
Reduced positions | 16 |
13F shares | Current |
---|---|
Total value | 7.77M |
Total shares | 4.8M |
Total puts | 59.7K |
Total calls | 21.5K |
Total put/call ratio | 2.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.14M | $3.26M |
Bridgeway Capital Management | 526.7K | $801K |
Millennium Management | 498.11K | $757K |
Geode Capital Management | 353.25K | $536K |
swisspartners | 251.83K | $383K |
BLK Blackrock | 203.65K | $310K |
STT State Street | 96.48K | $147K |
NTRS Northern Trust | 85.92K | $131K |
MS Morgan Stanley | 78.73K | $119K |
Sequoia Financial Advisors | 56.52K | $86K |
Content analysis
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Readability |
H.S. sophomore Bad
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New words:
accident, acknowledgement, acquiree, adherence, administer, administering, anxiety, assert, assuring, aware, begun, biomedical, block, branch, breach, broad, Buy, CAPA, carefully, CathCheckTM, Chinese, civil, commodity, confidence, confidential, conflict, conveyance, core, correct, corrective, costly, criminal, data, dba, defense, deferral, demo, desiring, diagnostic, difficulty, discrepancy, disposition, efficacy, efficient, emerging, enhanced, essential, event, freight, frequency, halt, halted, hazard, HC, HHE, highest, HIPAA, id, implement, implementation, importantly, inappropriate, incorrectly, independent, indirect, innovative, inspection, investigation, juncture, key, Kit, launching, leader, legacy, legal, lidong, longer, lot, Mach, maintain, matter, Michelle, mid, Middle, monetary, needle, nerve, oil, Omicron, opted, packaged, pain, painlessly, patient, pioneering, pregnant, privacy, procedural, proven, recovery, rectify, redefining, refusal, remediating, reorganization, retrospectively, RMB, root, routinely, RSA, Russia, satisfaction, Science, settle, sharp, solution, Southeast, spare, spite, stake, strain, stream, stricter, subsidiary, substantive, successfully, suffer, telecommunication, territory, terrorism, therapeutic, tip, traditional, trial, Ukraine, unable, unauthorized, unconstrained, unique, unissued, unpredictable, unvested, upgraded, user, view, violation, virtually, voluntary, vulnerable, war, warehousing, warning, western, wheat, widely, withdrawal, women, worth, Zhang
Removed:
abroad, advanced, advantage, Aid, amendment, analyzing, annum, arising, articular, balloon, Bank, Black, borrow, borrower, borrowing, broader, case, certainty, charged, classification, close, collateralized, combined, commencement, commencing, communicated, conform, currency, damaged, debt, delivered, depreciation, determinable, discretion, dissolved, division, documentation, Domenico, economically, eligible, entitled, environment, equivalent, extend, feet, finalized, Fixture, FOB, foreign, forgivable, forgiven, Furniture, generating, Gian, guarantee, implicit, improvement, incremental, inform, Innovest, intra, introductory, liquidity, loan, margin, merger, methodology, mortgage, noncash, notably, occurred, offering, operate, originally, originating, Paycheck, payroll, PPP, Premier, prepaid, prepayment, presentation, priced, processed, Protection, qualifying, readily, Relief, rely, remaining, rentable, replace, repurchase, reserved, residual, Savoy, sector, shipping, Simplifying, standalone, summarized, supplied, suspense, title, treatment, typically, utilize
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 22
8-K
Departure of Directors or Certain Officers
3 May 22
8-K
Regulation FD Disclosure
20 Jan 22
8-K
Other Events
10 Dec 21
8-K
Departure of Directors or Certain Officers
2 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
17 Jun 21
8-K
Departure of Directors or Certain Officers
7 Apr 21
8-K
Departure of Directors or Certain Officers
24 Mar 21
8-K
Entry into a Material Definitive Agreement
3 Mar 21
8-K
Submission of Matters to a Vote of Security Holders
11 Dec 20
Registration and prospectus
S-8
Registration of securities for employees
14 Jul 21
S-8
Registration of securities for employees
14 Jan 21
424B5
Prospectus supplement for primary offering
26 Jun 20
424B5
Prospectus supplement for primary offering
25 Jun 20
424B5
Prospectus supplement for primary offering
9 Apr 20
424B5
Prospectus supplement for primary offering
8 Apr 20
424B2
Prospectus for primary offering
20 May 19
S-3
Shelf registration
2 May 19
424B5
Prospectus supplement for primary offering
1 Feb 19
424B5
Prospectus supplement for primary offering
31 Jan 19
Other
UPLOAD
Letter from SEC
15 Jun 20
CORRESP
Correspondence with SEC
9 Jun 20
UPLOAD
Letter from SEC
1 Jun 20
EFFECT
Notice of effectiveness
17 May 19
CORRESP
Correspondence with SEC
12 May 19
UPLOAD
Letter from SEC
8 May 19
EFFECT
Notice of effectiveness
3 May 16
CORRESP
Correspondence with SEC
1 May 16
CERTNYS
Certification of approval for NYSE listing
27 May 15
UPLOAD
Letter from SEC
20 Jan 11
Ownership
4
MILESTONE SCIENTIFIC / NEAL I GOLDMAN ownership change
17 Jun 22
4
MILESTONE SCIENTIFIC / NEAL I GOLDMAN ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / LEONARD OSSER ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / BENEDETTA I CASAMENTO ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / NEAL I GOLDMAN ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / Michael McGeehan ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / Leslie Bernhard ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / LEONARD M SCHILLER ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / Giandomenico Trombetta ownership change
15 Jun 22
4
MILESTONE SCIENTIFIC / BENEDETTA I CASAMENTO ownership change
9 Jun 22
Patents
Utility
Device and Method for Needle/Catheter Location Utilizing Correlation Analysis
28 Oct 21
An apparatus and method to enable clinicians to verify needle or catheter location within an anatomic site by relying upon combined sensing of two signals, such as a pressure signal and a heart rate pulse signal, in which the detection of a correlation between both signals is identified to confirm location of the needle or catheter.
Utility
Device and method for identification of a target region
19 Oct 21
A method and apparatus are provided for use in locating a target region which is situated in the body of a subject, for example for the delivery of drugs.
Utility
Method and Apparatus for Performing a Peripheral Nerve Block
23 Sep 21
A system for infusing medication into a mammalian subject is provided.
Utility
Device and Method for Identification of a Target Region
10 Jun 21
A method and apparatus are provided for use in locating a target region which is situated in the body of a subject, for example for the delivery of drugs.
Utility
Device and method for identification of a target region
30 Mar 21
A method and apparatus are provided for use in locating a target region which is situated in the body of a subject, for example for the delivery of drugs.
Transcripts
2022 Q1
Earnings call transcript
17 May 22
2021 Q4
Earnings call transcript
1 Apr 22
2021 Q3
Earnings call transcript
15 Nov 21
2021 Q2
Earnings call transcript
16 Aug 21
2021 Q1
Earnings call transcript
17 May 21
2020 Q4
Earnings call transcript
2 Apr 21
2020 Q3
Earnings call transcript
17 Nov 20
2020 Q2
Earnings call transcript
17 Aug 20
2020 Q1
Earnings call transcript
18 May 20
2019 Q3
Earnings call transcript
15 Nov 19
Reddit threads
Daily Discussion Thread - August 12th, 2022
12 Aug 22
Daily Discussion Thread - May 17th, 2022
17 May 22
Daily Discussion Thread - May 16th, 2022
16 May 22
Daily Discussion Thread - May 13th, 2022
13 May 22
Daily Discussion Thread - April 1st, 2022
1 Apr 22
Picks for 2022-02-25
25 Feb 22
(11/15) Monday's Pre-Market Stock Movers & News
15 Nov 21
(11/15) Monday's Pre-Market Stock Movers & News
15 Nov 21
Daily Discussion Thread - November 15th, 2021
15 Nov 21
Options Stock Ranker for Sep-06-2021
6 Sep 21