Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue55¢$38.6M
- Research and development10¢$7.1M
- Selling, general and admin35¢$24.3M
- Income tax0¢$34.4K
Out of $49.5M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $17.9M4 | $25.2M5 | $34.6M6 | $34.5M7 | $32.5M8 | $47.8M3 | $49.5M3 |
| Cost of revenue | $9.4M4 | $14.1M5 | $22.6M6 | $22.4M7 | $23.9M8 | $34.5M3 | $38.6M3 |
| Gross profit | $8.5M9 | ||||||
| Research and development | $8.4M4 | $8.6M10 | $8.5M6 | $8.5M7 | $9.5M8 | $12.5M3 | $7.1M3 |
| Selling, general and admin | $7.6M4 | $9.0M10 | $11.1M6 | $16.1M7 | $21.0M8 | $24.8M3 | $24.3M3 |
| Operating expenses | $78.9M3 | $73.2M3 | |||||
| Operating income | -$7.6M4 | -$6.5M10 | -$8.0M6 | -$13.3M7 | -$23.1M8 | -$31.1M3 | -$23.6M3 |
| Interest | $04 | $2.9K4 | |||||
| Income before tax | -$34.0M3 | -$23.3M3 | |||||
| Income tax | $5.8M4 | -$88.3K10 | -$67.5K6 | -$500.3K7 | -$456.8K8 | -$62.0K3 | $34.4K3 |
| Net income | -$13.3M4 | -$6.4M10 | -$7.9M6 | -$13.7M7 | -$25.5M8 | -$33.9M3 | -$23.3M3 |
| Earnings per share | -$1.264 | -$0.5210 | -$0.546 | -$0.816 | -$1.348 | -$1.403 | -$0.723 |
| Earnings per share (diluted) | -$1.264 | -$0.5210 | -$0.546 | -$0.816 | -$1.348 | -$1.403 | -$0.723 |
| Shares (weighted, basic) | 24.3M shares3 | 32.3M shares3 | |||||
| Shares (weighted, diluted) | 24.3M shares3 | 32.3M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $10.6M10 | $3.8M10 | $12.5M6 | $18.3M7 | $23.1M8 | $28.8M3 | $18.2M3 |
| Receivables | $11.4M3 | $6.5M3 | |||||
| Inventory | $12.9M3 | $7.7M3 | |||||
| Current assets | $18.1M4 | $10.9M10 | $28.5M6 | $32.2M7 | $39.7M8 | $54.8M3 | $48.5M3 |
| Property, plant and equipment | $8.6M3 | $8.2M3 | |||||
| Goodwill | $3.0M3 | $03 | |||||
| Intangible assets | $03 | $03 | |||||
| Total assets | $20.6M4 | $16.6M10 | $40.9M6 | $55.7M7 | $64.9M8 | $73.3M3 | $62.6M3 |
| Short-term debt | $1.2M3 | $18.6M3 | |||||
| Current liabilities | $3.4M4 | $3.1M10 | $6.5M6 | $6.4M7 | $12.4M8 | $15.3M3 | $39.3M3 |
| Total liabilities | $3.4M4 | $3.5M10 | $7.6M6 | $31.7M7 | $37.1M8 | $39.0M3 | $44.8M3 |
| Retained earnings | -$131.0M3 | -$154.3M3 | |||||
| Shareholders’ equity | $17.2M10 | $13.1M6 | $33.3M7 | $24.0M8 | $27.8M3 | $34.3M3 | $17.8M3 |
| Shares outstanding | 12.0M shares4 | 12.3M shares10 | 17.2M shares6 | 17.7M shares7 | 20.2M shares8 | 30.1M shares3 | 36.8M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$6.7M4 | -$5.0M10 | -$11.8M6 | -$9.1M7 | -$18.9M8 | -$30.9M3 | -$12.7M3 |
| Depreciation and amortization | $2.9M3 | $2.6M3 | |||||
| Stock-based compensation | $2.4M3 | $2.3M3 | |||||
| Capital spending | $118.7K4 | $1.0M10 | $1.5M6 | $3.5M7 | $4.0M8 | $1.8M8 | |
| Free cash flow | -$6.8M | -$6.1M | -$13.2M | -$12.6M | -$22.8M | -$32.7M | |
| Cash from investing | -$1.9M3 | -$1.5M3 | |||||
| Cash from financing | $38.7M3 | $3.4M3 |
Corporate structure
CHEMBIO DIAGNOSTICS, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CHEMBIO DIAGNOSTICS, INC.
- PERCEPTIVE ADVISORS LLC Filed SC 13D/A on CHEMBIO DIAGNOSTICS, INC., latest May 4, 2023 (3 filings since Apr 7, 2023)
- Biosynex SA Filed SC 13D on CHEMBIO DIAGNOSTICS, INC., latest May 1, 2023
- VANGUARD GROUP INC Filed SC 13G/A on CHEMBIO DIAGNOSTICS, INC., latest Feb 9, 2022
- CHEMBIO DIAGNOSTICS, INC. Hauppauge, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CHEMBIO DIAGNOSTICS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $20.3M3 Dec 31, 2022 | $18.9M3 Dec 31, 2021 | +7.7% |
| Accumulated depreciation | $12.2M3 Dec 31, 2022 | $10.3M3 Dec 31, 2021 | +18.0% |
| Property and equipment, net | $8.2M3 Dec 31, 2022 | $8.6M3 Dec 31, 2021 | −4.7% |
| Finance-lease assets | $137.0K3 Dec 31, 2022 | $191.9K3 Dec 31, 2021 | −28.6% |
| Operating-lease assets (leased space) | $5.4M3 Dec 31, 2022 | $5.9M3 Dec 31, 2021 | −7.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $18.2M3 Dec 31, 2022 | $28.8M3 Dec 31, 2021 | −36.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $03 Dec 31, 2022 | $3.0M3 Dec 31, 2021 | −100.0% |
| Finite-lived intangibles, gross | $03 Dec 31, 2022 | $4.9M3 Dec 31, 2021 | −100.0% |
| Accumulated amortization | $03 Dec 31, 2022 | $1.9M3 Dec 31, 2021 | −100.0% |
| Finite-lived intangibles, net | $03 Dec 31, 2022 | $03 Dec 31, 2021 |
Inventory
Leadership
Who has led CHEMBIO DIAGNOSTICS, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJohn J. Sperzel Iii. Mar 17, 2014 to Apr 4, 201713
- Chief executive officerLawrence A. Siebert Apr 19, 2006 to Jun 30, 200814
- ChairLawrence A. Siebert Nov 15, 2006 to Jun 5, 200815
- PresidentSharon W. Klugewicz Mar 17, 2017 to May 18, 201816
- PresidentLawrence A. Siebert Jan 10, 2006 to Mar 12, 201417
- Chief financial officerNeil A. Goldman Dec 28, 2017 to Feb 13, 201818
- Chief financial officerRichard J. Larkin Apr 19, 2006 to Mar 17, 201719
- Chief operating officerSharon W. Klugewicz May 24, 2013 to Jun 17, 201620
Board members and other officers (30)
- OfficerLawrence J. Steenvoorden Jan 6, 2022 to May 1, 202321
- OfficerCharles Caso Apr 27, 2022 to May 1, 202322
- OfficerPaul Angelico Apr 27, 2022 to May 2, 202323
- OfficerGail S. Page Jan 21, 2020 to Jan 21, 202024
- OfficerRichard Eberly Mar 18, 2020 to May 1, 202325
- OfficerJohn J. Sperzel Iii. Oct 10, 2018 to Jun 25, 201926
- OfficerNeil A. Goldman Oct 10, 2018 to Mar 18, 202127
- OfficerSharon W. Klugewicz Oct 10, 2018 to Oct 10, 201828
- OfficerDavid Gyorke Oct 17, 2018 to Oct 17, 201829
- OfficerRobert Passas Oct 17, 2018 to Mar 18, 202030
- VP, Research & DevelopmentJavan Esfandiari May 3, 2007 to May 1, 202331
- Sr VP, Commercial OperationsRobert L. Aromando Jun 5, 2007 to Feb 20, 200832
- Vice PresidentAvi Pelossof Mar 28, 2006 to Jan 23, 200733
- Cheif Financial OfficerRichard J. Larkin Mar 28, 2006 to Mar 28, 200634
- Board memberLeslie Teso-Lichtman May 26, 2022 to May 1, 202335
- Board memberDavid William Bespalko Mar 8, 2021 to May 1, 202336
- Board memberRichard Eberly Mar 18, 2021 to May 1, 202337
- Board memberDavid Acheson Dec 18, 2020 to May 1, 202338
- Board memberJohn Gary Potthoff May 16, 2018 to May 1, 202339
- Board memberMary Lake Ph D. Polan Aug 13, 2018 to Mar 18, 202040
- Board memberJohn J. Sperzel Iii. Apr 4, 2017 to Jun 25, 201941
- Board memberGail S. Page Jul 6, 2017 to Mar 18, 202042
- Board memberBarbara A. Debuono Jul 1, 2011 to Mar 18, 201643
- Board memberPeter Kissinger Jul 1, 2011 to Sep 22, 201644
- Board memberJames D. Merselis Mar 25, 2008 to Jun 5, 200845
- Board memberKatherine Lyon Davis May 15, 2007 to May 1, 202346
- Board memberLawrence A. Siebert Jan 10, 2006 to Mar 12, 201417
- Board memberGary Meller Apr 10, 2006 to Feb 27, 201847
- Board memberGerald A. Eppner Apr 10, 2006 to Apr 10, 200648
- Board memberAlan Carus Apr 19, 2006 to Feb 20, 200849
Former names
Timeline
- Apr 27, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer50
- Apr 6, 20238-K Listing notice or transfer51
- Mar 21, 20238-K Other events52
- Mar 15, 20238-K Other events53
- Feb 24, 20238-K Other events54
- Jan 31, 20238-K Entered a material agreement; Other events55
- Nov 4, 20228-K Results of operations; Regulation FD disclosure56
- Oct 4, 20228-K Listing notice or transfer57
- Sep 7, 20228-K Other events58
- Aug 4, 20228-K Results of operations59
- May 26, 20228-K Shareholder vote60
- May 5, 20228-K Results of operations61
- Mar 17, 2014New chief executive John J. Sperzel Iii. becomes CEO13
- Apr 19, 2006New chief executive Lawrence A. Siebert becomes CEO14
Calendar
When it reported results
- Nov 4, 2022Reported quarterly or annual results56
- Aug 4, 2022Reported quarterly or annual results59
- May 5, 2022Reported quarterly or annual results61
- Mar 3, 2022Reported quarterly or annual results62
- Nov 4, 2021Reported quarterly or annual results63
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
111 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 23 major events, 30 insider forms, 5 large holders, 47 other. The latest 20:
- May 9, 202315-12G EDGAR
- May 4, 2023SC 13D/A EDGAR
- May 2, 2023EFFECT EDGAR
- May 2, 2023EFFECT EDGAR
- May 2, 2023EFFECT EDGAR
- May 2, 2023EFFECT EDGAR
- May 2, 2023EFFECT EDGAR
- May 2, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 20234 EDGAR
- May 1, 2023SC 13D EDGAR
- May 1, 20234 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Apr 27, 202325-NSE EDGAR
The 111 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
13 open-market trades by officers, directors and large owners since October 2021: 13 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 25, 2023 | EDELMAN JOSEPH | Buy | 133,742 | $0.45 | $60.2K | Form 4 |
| Apr 24, 2023 | EDELMAN JOSEPH | Buy | 39,506 | $0.45 | $17.8K | Form 4 |
| Apr 21, 2023 | EDELMAN JOSEPH | Buy | 70,200 | $0.45 | $31.6K | Form 4 |
| Apr 20, 2023 | Perceptive Credit Advisors, LLC | Buy | 56,000 | $0.45 | $25.2K | Form 4 |
| Apr 19, 2023 | Perceptive Credit Advisors, LLC | Buy | 137,000 | $0.45 | $61.6K | Form 4 |
| Apr 18, 2023 | Perceptive Credit Advisors, LLC | Buy | 15,800 | $0.45 | $7.1K | Form 4 |
| Apr 17, 2023 | Perceptive Credit Advisors, LLC | Buy | 4,800 | $0.45 | $2.2K | Form 4 |
| Apr 14, 2023 | Perceptive Credit Advisors, LLC | Buy | 11,500 | $0.45 | $5.2K | Form 4 |
| Apr 13, 2023 | Perceptive Credit Advisors, LLC | Buy | 140,134 | $0.45 | $63.1K | Form 4 |
| Apr 11, 2023 | Perceptive Credit Advisors, LLC | Buy | 129,000 | $0.44 | $56.8K | Form 4 |
| Apr 6, 2023 | PERCEPTIVE ADVISORS LLC | Buy | 339,000 | $0.44 | $149.2K | Form 4 |
| Apr 5, 2023 | PERCEPTIVE ADVISORS LLC | Buy | 217,500 | $0.45 | $97.9K | Form 4 |
| Apr 4, 2023 | PERCEPTIVE ADVISORS LLC | Buy | 195,938 | $0.44 | $86.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- PERCEPTIVE ADVISORS LLCSC 13D/A, 3 filings Apr 7, 2023 to May 4, 202364
- Biosynex SASC 13D, 1 filing May 1, 202365
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 9, 202266
SEC filer profile
How CHEMBIO DIAGNOSTICS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCHEMBIO DIAGNOSTICS, INC.1
- CIK0001092662
- Employer ID (EIN)88-04256911
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- Business address555 Wireless Blvd., Hauppauge, NY 117881
- Phone(631) 924-11351
- Shares outstanding36,725,858 as of Mar 24, 20233
- Public float$18.7M as of Jun 30, 20223
- On EDGAR sinceAug 23, 19991
- Filings1,126 in all: 8-K (424), 4 (223), 10-Q (46), 3 (33), SC 13G/A (31), 10QSB (22), UPLOAD (22), CORRESP (21)1
All 60 form types
SC 13G (20), EFFECT (19), 424B3 (18), DEF 14A (18), POS AM (18), 8-K/A (17), 10-K (15), 424B5 (14), SC 13D/A (14), SB-2/A (13), SC 14D9/A (10), 10KSB (9), SC TO-T/A (9), SC 13D (7), S-8 (6), S-8 POS (6), DEFA14A (5), NT 10-Q (5), REGDEX (5), S-3 (5), SB-2 (5), 10-K/A (4), 3/A (4), 4/A (4), 8-A12G (4), PRE 14A (4), S-3/A (4), 10QSB/A (3), 144 (3), DEFR14A (3), NT 10-K (3), S-1/A (3), 10-Q/A (2), 10KSB/A (2), AW (2), PRE 14C (2), RW (2), S-1 (2), SUPPL (2), 144/A (1), 15-12G (1), 25-NSE (1), 8-A12B (1), CERTNAS (1), DEF 14C (1), DEFR14C (1), REGDEX/A (1), SC 14D9 (1), SC 14F1 (1), SC TO-C (1), SC TO-T (1), SC14D9C (1)
- Latest filingsAnnual report (10-K) Mar 29, 2023
Quarterly report (10-Q) Nov 3, 2022
Proxy statement (DEF 14A) Apr 11, 2022
Latest 8-K (8-K) Apr 27, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARLawrence A. Siebert, Chair
- 16SEC EDGARSharon W. Klugewicz, President
- 17SEC EDGARLawrence A. Siebert, President
- 18
- 19
- 20
- 21SEC EDGARLawrence J. Steenvoorden, Officer
- 22SEC EDGARCharles Caso, Officer
- 23SEC EDGARPaul Angelico, Officer
- 24SEC EDGARGail S. Page, Officer
- 25SEC EDGARRichard Eberly, Officer
- 26SEC EDGARJohn J. Sperzel Iii., Officer
- 27SEC EDGARNeil A. Goldman, Officer
- 28SEC EDGARSharon W. Klugewicz, Officer
- 29SEC EDGARDavid Gyorke, Officer
- 30SEC EDGARRobert Passas, Officer
- 31
- 32
- 33SEC EDGARAvi Pelossof, Vice President
- 34
- 35SEC EDGARLeslie Teso-Lichtman, Board member
- 36SEC EDGARDavid William Bespalko, Board member
- 37SEC EDGARRichard Eberly, Board member
- 38SEC EDGARDavid Acheson, Board member
- 39SEC EDGARJohn Gary Potthoff, Board member
- 40SEC EDGARMary Lake Ph D. Polan, Board member
- 41SEC EDGARJohn J. Sperzel Iii., Board member
- 42SEC EDGARGail S. Page, Board member
- 43SEC EDGARBarbara A. Debuono, Board member
- 44SEC EDGARPeter Kissinger, Board member
- 45SEC EDGARJames D. Merselis, Board member
- 46SEC EDGARKatherine Lyon Davis, Board member
- 47SEC EDGARGary Meller, Board member
- 48SEC EDGARGerald A. Eppner, Board member
- 49SEC EDGARAlan Carus, Board member
- 50
- 51SEC EDGARListing notice or transfer
- 52SEC EDGAROther events
- 53SEC EDGAROther events
- 54SEC EDGAROther events
- 55
- 56
- 57SEC EDGARListing notice or transfer
- 58SEC EDGAROther events
- 59SEC EDGARResults of operations
- 60SEC EDGARShareholder vote
- 61SEC EDGARResults of operations
- 62
- 63
- 64
- 65
- 66