American Bio Medica (ABMC)

American Bio Medica Corporation manufactures and markets accurate, cost-effective immunoassay test kits, primarily point of collection tests for drugs of abuse. The Company and its worldwide distribution network target the workplace, government, corrections, clinical and educational markets. ABMC’s Rapid Drug Screen®, Rapid ONE®, RDS® InCup®, Rapid TOX® and Rapid TOX Cup® II test for the presence or absence of drugs of abuse in urine, while OralStat® tests for the presence or absence of drugs of abuse in oral fluids. ABMC’s Rapid Reader® is a compact, portable device that, when connected to any computer, interprets the results of an ABMC drug screen, and sends the results to a data management system, enabling the test administrator to easily manage their drug testing program.

Company profile

Ticker

ABMC

Exchange

OTC

Website

www.abmc.com

CEO

Melissa A. Waterhouse

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Health Technology > Medical Specialties

Industry (SIC)

Pharmaceutical Preparations

Pfizer • Johnson & Johnson • Merck & Co • Allergan • Abbott Laboratories • Teva- Pharmaceutical Industries • Lilly(Eli) & Co • Bristol-Myers Squibb • Viatris • Abbvie ...

SEC CIK

0000896747

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

IRS number

141702188

ABMC stock data

1M 1Y 5Y

Calendar

16 May 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart ABMC 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)	Dec 21	Dec 20	Dec 19	Dec 18
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)	17K	17K	17K	17K	17K	17K
Cash burn (monthly)	32.67K	3.83K	110.33K	83.42K	4.33K	27.25K
Cash used (since last report)	144.24K	16.93K	487.19K	368.33K	19.13K	120.32K
Cash remaining	-127.24K	73.57	-470.19K	-351.33K	-2.13K	-103.32K
Runway (months of cash)	-3.9	0.0	-4.3	-4.2	-0.5	-3.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

ABMC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Jul 21	Moroney John J	Common Stock	Sell	Dispose S	Yes	No	0.061	495,500	30.23K	1,986,108

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

Institutional ownership, Q1 2021

ABMC 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

New words: ABMC, advisory, arise, asset, assistance, attract, blended, Breakup, bringing, China, Code, consulting, decision, desire, disclosed, DOA, easily, effort, evidenced, exclusively, federal, footnote, fully, hereinafter, high, immaterial, impose, imposed, introduced, invocation, invoked, involve, involving, labeled, Landmark, largest, leverage, liability, low, margin, mentioned, million, modification, multiple, NOL, outlined, overnight, past, payoff, percent, percentage, poor, prohibitive, projected, proving, provision, receipt, recognition, reconciliation, referred, refinanceor, reflect, rejected, reliability, repaid, repair, reverse, saturated, schedule, segment, shortly, spoke, statutory, strike, sustained, taxable, temporary, Tern, twelve, unaffiliated, uninterrupted, valuation, vest, WaterhouseChief, writing

Removed: accelerated, accounted, accredited, added, addressed, agent, aggregate, amortization, announced, apply, arose, bankruptcy, blood, calculating, car, care, Cassette, certainty, Chaim, Chairman, charged, classify, CLIA, clinical, close, combination, commence, commencement, commitment, communicate, comparability, complexity, comply, conform, consistent, consummated, contracting, convertible, core, counsel, covenant, cured, customary, declare, departure, detect, disease, diversity, dollar, embedded, executed, experiencing, Finally, finance, flat, force, formula, forward, franchise, frequency, funding, global, granted, guaranteed, hand, Healgen, holding, improvement, inclusion, incur, indemnification, initiate, instructed, intend, investor, irrevocable, Jersey, Joint, level, Logix, longer, manufacturer, media, minimal, normalcy, notified, operation, order, placement, plasma, point, practice, preferred, prepaid, prepay, present, presumption, proportionate, rebated, rebut, reclassified, recur, removed, removing, request, requiring, rescinding, Respiratory, revise, sample, Scientific, separately, serum, settled, simplify, simplifying, Smart, subsequently, Syncytial, Tangible, telecommuting, TNW, trading, treated, Unit, unsure, waived, workforce, Worth, WSJ, York

From filing 10-Q 2022 Q1

Financial reports

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