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Therma Bright (TBRIF)
OTHER OTC:TBRIF
TBRIF Stock Chart & Stats
$0.04
<$0.01(2.88%)
At close: 4:00 PM EST
$0.04
<$0.01(2.88%)
Day’s Range― - ―
52-Week Range$0.03 - $0.20
Previous CloseN/A
Volume100.00
Average Volume (3M)4.36K
Market Cap
$2.56M
Enterprise Value$3.50M
Total Cash (Recent Filing)$65.59K
Total Debt (Recent Filing)$40.00K
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Apr 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding58,002,876
10 Day Avg. Volume395
30 Day Avg. Volume4,359
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-2.51
Price to Sales (P/S)48.92
P/FCF Ratio-26.80
Enterprise Value/Market Cap1.37
Enterprise Value/Revenue46.50
Enterprise Value/Gross Profit139.01
Enterprise Value/Ebitda-0.86
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Recurring Consumable Revenue PotentialTherma Bright's product mix explicitly includes consumable diagnostic test products with "potential recurring reorder activity." Recurring consumables can create predictable, higher-margin revenue streams and customer stickiness, improving lifetime value as installed bases and reorder patterns scale.
Low Reported DebtReported debt of roughly $40k implies minimal financial leverage at present, reducing near-term solvency and interest risks. Low debt gives management tactical flexibility to focus on commercialization or partnerships before taking on large borrowing or committing to dilutive financing under pressured terms.
Positive Product Gross MarginA TTM gross margin near 33% indicates product-level profitability potential. If revenue scales, those unit economics can translate into sustainable operating margins once fixed costs are absorbed, making margin improvement feasible with successful commercialization and volume growth.
Bears Say
Tiny, Declining Revenue BaseTTM revenue of approximately $75k, declining -6.3%, combined with a net margin near -55%, shows the company lacks scale to cover fixed costs or meaningfully invest in growth. Sustained profitability requires a material, sustained revenue ramp, making execution risk and dependence on successful commercialization high.
Negative Shareholders' EquityNegative shareholders' equity reflects accumulated losses and capital erosion. This condition constrains financing options, can limit access to non-dilutive debt, increase borrowing costs, and often necessitates dilutive equity raises, all of which materially affect long-term financial flexibility.
Persistent Negative Cash Flow (cash Burn)Operating and free cash flows are both materially negative, indicating continued cash burn despite some improvement. Ongoing negative cash generation means the company will likely rely on external capital to fund operations and growth, increasing financing and dilution risks and limiting strategic optionality.
Therma Bright News
TBRIF FAQ
What was Therma Bright’s price range in the past 12 months?
Therma Bright lowest stock price was $0.03 and its highest was $0.20 in the past 12 months.
What is Therma Bright’s market cap?
Therma Bright’s market cap is $2.56M.
When is Therma Bright’s upcoming earnings report date?
Therma Bright’s upcoming earnings report date is Apr 07, 2026 which is in 29 days.
How were Therma Bright’s earnings last quarter?
Therma Bright released its earnings results on Dec 01, 2025. The company reported -$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.003.
Is Therma Bright overvalued?
According to Wall Street analysts Therma Bright’s price is currently Overvalued.
Does Therma Bright pay dividends?
Therma Bright does not currently pay dividends.
What is Therma Bright’s EPS estimate?
Therma Bright’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Therma Bright have?
Therma Bright has 58,002,876 shares outstanding.
What happened to Therma Bright’s price movement after its last earnings report?
Therma Bright reported an EPS of -$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Therma Bright?
Currently, no hedge funds are holding shares in TBRIF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Therma Bright
Therma Bright Inc. engages in the development and sale of rapid COVID testing products, medical devices for pain management, devices to improve circulation, and devices for the cosmeceutical industry. The company's products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical heat without the risk of burning the skin; Benepod, a hot and cold contrast therapy device for pain relief without pain relieving medication; Venowave, a medical compression pump designed to treat and alleviate the symptoms associated with poor circulation; and TherOZap, a thermal therapy insect device that reduces the inflammatory response, as well as relieves the symptoms of pain, itching, and inflammation associated with insect bites and stings. It serves consumers and medical professionals. The company was formerly known as The Jenex Corporation and changed its name to Therma Bright Inc. in February 2018. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada.
Technical Analysis
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