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USBC (USBC)
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USBC
(USBC)
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Rating:28Underperform
Price Target:―
Know Labs faces significant financial and operational challenges, reflected in a low overall score. Key factors include negative financial performance due to substantial losses and high leverage, alongside weak technical indicators. Valuation metrics further underscore the stock's unattractiveness given its negative P/E ratio and absence of dividends. Without any positive earnings call or corporate events to offset these issues, the stock remains a high-risk investment at this time.
Positive Factors
Innovative Technology
The company's patented Bio-RFID™ technology offers a unique, non-invasive solution for glucose monitoring, positioning it well in the growing medical diagnostics market.
Strategic Partnerships
Collaborations with established healthcare firms enhance market reach and integration of Know Labs' technology, potentially driving long-term revenue growth through licensing and sales.
R&D and Licensing Revenue
Diversified revenue through licensing and R&D partnerships supports financial stability and growth, leveraging Know Labs' proprietary technology across various applications.
Negative Factors
Financial Instability
The company's high leverage and negative equity suggest financial instability, which could limit its ability to invest in growth opportunities and sustain operations without external funding.
Negative Cash Flows
Persistent negative cash flows highlight liquidity issues, indicating that Know Labs may struggle to fund operations and growth without continued external financing.
Operational Inefficiencies
Negative profit margins and inconsistent revenue suggest operational inefficiencies, which could hinder Know Labs' ability to achieve profitability and sustainable growth.
USBC (USBC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$275.08M
Dividend YieldN/A
Average Volume (3M)608.13K
Price to Earnings (P/E)―
Beta (1Y)2.73
Revenue GrowthN/A
EPS Growth55.04%
CountryUS
Employees12
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-0.55
Shares Outstanding388,143,680
10 Day Avg. Volume280,969
30 Day Avg. Volume608,129
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.87
Price to Sales (P/S)0.00
P/FCF Ratio-11.12
Enterprise Value/Market Cap3.10
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-5.67K
Enterprise Value/Ebitda-44.23
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
USBC Business Overview & Revenue Model
Company DescriptionKnow Labs, Inc. focuses on the development and commercialization of proprietary technologies in the United States. Its technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a molecular signature. The company refers to its technology as Bio-RFID. The Bio-RFID technology can be integrated into various wearable, mobile, or bench-top form factors. Its first application of Bio-RFID technology is a product marketed as a glucose monitor that provide the user with real time information on their blood glucose levels. The company was formerly known as Visualant, Incorporated and changed its name to Know Labs, Inc. in May 2018. Know Labs, Inc. was founded in 1998 and is headquartered in Seattle, Washington.
How the Company Makes MoneyKnow Labs makes money by developing and licensing its proprietary Bio-RFID™ technology. The company's revenue streams include technology licensing fees, partnerships with medical device manufacturers, and potential direct sales of its diagnostic devices. Significant partnerships with healthcare firms and medical technology companies contribute to its earnings by facilitating the integration of its technology into existing and new medical platforms. Additionally, Know Labs may generate revenue through collaborations for research and development, as well as through potential future regulatory approvals that could lead to broader market adoption.
USBC Earnings Call Summary
Earnings Call Date:May 15, 2024
(Q2-2024)
| % Change Since: |
Next Earnings Date:Dec 23, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mix of promising technological advancements and clinical results, coupled with financial challenges and a need for further capital. The company is making significant strides in product development and intellectual property, but faces issues with cash reserves and shareholder equity.Q2-2024 Updates
Positive Updates
Gen 2 Device Development - KnowU
The KnowU, a wearable noninvasive continuous glucose monitoring device, was announced on February 27. It is significantly smaller, lighter, includes onboard computing power, and built-in machine learning capabilities.
Positive Clinical Trial Results
An internal trial with more than 30 participants showed a mean absolute relative difference (MARD) of 11.1%, indicating promising accuracy of the glucose monitoring technology.
Significant Intellectual Property Growth
Over 300 patents issued, pending, and in process, reflecting innovation in radio frequency spectroscopy technology.
Funding Agreement Secured
Entered into a funding agreement for an investment of up to $12 million with Lind Global Fund II LP to accelerate development.
Engagement with Diabetes Community
Participated in significant conferences like ATTD, where the KnowU was displayed, and received an emerging technology grant as an outstanding startup.
Reduction in Operating Loss
Operating loss decreased by 1.7% from $4.81 million in Q2 fiscal 2023 to $4.73 million in Q2 fiscal 2024.
Negative Updates
Negative Shareholder Equity
Shareholder equity for Q2 fiscal 2024 was a negative $1.75 million versus $3.74 million in fiscal '23 ending September 30, 2023.
Cash and Cash Equivalents Decrease
Cash and cash equivalents decreased to $4.71 million compared to $8.02 million at the end of September 30, 2023.
Increased SG&A Expenses
Selling, general and administrative expenses increased by 13.7% year-over-year, mainly due to key hires and legal expenses.
High Burn Rate and Need for Additional Financing
Net cash used in operations was $7.05 million for the first 6 months, indicating a need for further capital raising.
Company Guidance
During the Know Labs Q2 2024 earnings call, the company provided several updates and guidance on its progress across key work streams. The company highlighted the development of its Generation 1 and Generation 2 (KnowU) noninvasive continuous glucose monitoring devices, with the latter being smaller, lighter, and equipped with built-in machine learning capabilities. Clinical trials have been promising, with a mean absolute relative difference (MARD) of 11.1% achieved, and plans to improve this to 10% or less. Financially, Know Labs reported an operating loss of $4.73 million, a slight improvement from the previous year, and maintained a cash balance of $4.71 million as of March 31, 2024. The company has secured up to $12 million in funding to support its core work streams and plans to raise additional funds through equity offerings to address its negative shareholder equity of $1.75 million. Know Labs is also actively expanding its intellectual property portfolio, with over 300 patents issued or pending globally. The company is positioning itself to achieve FDA clearance and commercialize its innovative glucose monitoring technology while exploring international opportunities.USBC Financial Statement Overview
Summary
Know Labs presents a challenging financial picture with substantial losses, high leverage, and negative cash flows. The income statement reveals operational inefficiencies with negative margins. The balance sheet shows high leverage with negative equity, indicating financial instability. Cash flows are negative, showing liquidity issues and reliance on external funding.Income Statement
The company has experienced inconsistent revenue patterns over the years, with significant negative net income and gross profit in the TTM. The gross profit and net profit margins are negative, indicating operational inefficiencies. EBIT and EBITDA margins are similarly negative, suggesting a challenge in generating core earnings and cash flows from operations.10
Very Negative
Balance Sheet
The balance sheet shows high leverage with a negative stockholders' equity, indicating financial instability. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is negative, suggesting the company is heavily reliant on debt financing. Return on equity is not calculable with negative equity, indicating poor returns for shareholders.20
Very Negative
Cash Flow
The cash flow statement indicates negative operating and free cash flows, with no substantial growth in free cash flow. The operating cash flow to net income ratio reflects cash outflows, highlighting liquidity issues. Financing activities are primarily sustaining cash needs, illustrating a reliance on external funding.15
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 4.36M | 0.00 |
| Gross Profit | -150.59K | -150.59K | -270.17K | 274.02K | 929.65K | -200.81K |
| EBITDA | -19.31M | -19.31M | -14.80M | -14.44M | -11.68M | -10.25M |
| Net Income | -22.12M | -22.12M | -16.58M | -15.29M | -20.07M | -25.36M |
Balance Sheet | ||||||
| Total Assets | 125.08M | 125.08M | 3.66M | 8.27M | 13.76M | 12.89M |
| Cash, Cash Equivalents and Short-Term Investments | 8.82M | 8.82M | 3.11M | 8.02M | 12.59M | 12.26M |
| Total Debt | 342.79M | 342.79M | 5.08M | 2.92M | 2.56M | 9.91M |
| Total Liabilities | 27.96M | 27.96M | 5.82M | 4.52M | 3.90M | 11.65M |
| Stockholders Equity | 97.12M | 97.12M | -2.16M | 3.74M | 9.86M | 1.24M |
Cash Flow | ||||||
| Free Cash Flow | -7.60M | -7.60M | -12.90M | -10.43M | -7.78M | -7.15M |
| Operating Cash Flow | -7.60M | -7.60M | -12.83M | -10.35M | -6.92M | -6.85M |
| Investing Cash Flow | 0.00 | 0.00 | -66.35K | -80.80K | -855.47K | -299.52K |
| Financing Cash Flow | 13.31M | 13.31M | 7.98M | 5.86M | 8.11M | 15.11M |
USBC Technical Analysis
Negative
0.71
Price Trends
0.82
Negative
1.04
Negative
1.27
Negative
Market Momentum
-0.04
Positive
43.34
Neutral
35.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For USBC, the sentiment is Negative. The current price of 0.71 is below the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.82, and below the 200-day MA of 1.27, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.34 is Neutral, neither overbought nor oversold. The STOCH value of 35.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for USBC.
USBC Risk Analysis
USBC disclosed 33 risk factors in its most recent earnings report. USBC reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
USBC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | $162.60M | ― | -29.07% | ― | 71.92% | 31.84% | |
53 Neutral | $464.07M | -22.69 | -37.93% | ― | 36.85% | -77.93% | |
46 Neutral | $273.64M | -1.58 | ― | ― | ― | ― | |
44 Neutral | $284.48M | -2.53 | -112.89% | ― | -67.66% | 13.39% | |
38 Underperform | $151.80M | -0.22 | -446.49% | ― | -27.81% | 26.81% | |
28 Underperform | $275.08M | -0.20 | -46.59% | ― | ― | 55.04% |
* Technology Sector Average
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.