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CTSO Stock Analysis - Cytosorbents Corp AI Rating

CTSO Nasdaq Surgical & Medical Instruments & Apparatus DE CIK: 0001175151
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2025-09-30
AI Rating
SELL
85% Confidence

📊 CTSO Key Takeaways

Revenue: $27.8M
Net Margin: -9.7%
Free Cash Flow: $-7.6M
Current Ratio: 2.11x
Debt/Equity: 1.61x
EPS: $-0.04
AI Rating: SELL with 85% confidence

Investment Thesis

Cytosorbents demonstrates strong revenue growth (+14.5% YoY) and excellent gross margins (70.7%), indicating viable product-market fit. However, the company is deeply unprofitable with negative operating margins (-37.2%), burning cash operationally (-$7.6M), and faces elevated leverage (1.61x D/E) that constrains financial flexibility during a critical growth phase.

CTSO Strengths

  • + Revenue growth of 14.5% YoY demonstrates market demand for products
  • + Exceptional gross margin of 70.7% reflects pricing power and operational efficiency at production level
  • + Adequate near-term liquidity with current ratio of 2.11x and $7.5M cash

CTSO Risks

  • ! Persistent operating losses (-$10.4M) and negative net income despite revenue growth signal inability to control operating expenses
  • ! Negative operating cash flow (-$7.6M) indicates business is not self-sustaining and burning capital to fund operations
  • ! High leverage (1.61x D/E) with $14.6M long-term debt limits financial flexibility and increases refinancing risk as cash depletes
  • ! No insider buying activity in past 90 days suggests management lacks confidence despite operational challenges

Key Metrics to Watch

CTSO Financial Metrics

Revenue
$27.8M
Net Income
$-2.7M
EPS (Diluted)
$-0.04
Free Cash Flow
$-7.6M
Total Assets
$45.8M
Cash Position
$7.5M

💡 AI Analyst Insight

Strong liquidity with a 2.11x current ratio provides a solid financial cushion.

CTSO Profitability Ratios

Gross Margin 70.7%
Operating Margin -37.2%
Net Margin -9.7%
ROE -29.9%
ROA -5.9%
FCF Margin -27.3%

CTSO vs Healthcare Sector

How Cytosorbents Corp compares to Healthcare sector averages

Net Margin
CTSO -9.7%
vs
Sector Avg 12.0%
CTSO Sector
ROE
CTSO -29.9%
vs
Sector Avg 15.0%
CTSO Sector
Current Ratio
CTSO 2.1x
vs
Sector Avg 2.0x
CTSO Sector
Debt/Equity
CTSO 1.6x
vs
Sector Avg 0.6x
CTSO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CTSO Balance Sheet & Liquidity

Current Ratio
2.11x
Quick Ratio
1.71x
Debt/Equity
1.61x
Debt/Assets
80.3%
Interest Coverage
N/A
Long-term Debt
$14.6M

CTSO 5-Year Financial Trend

CTSO 5-year financial data: Year 2020: Revenue $41.0M, Net Income -$17.2M, EPS N/A. Year 2021: Revenue $43.2M, Net Income -$19.3M, EPS $-0.15. Year 2022: Revenue $43.2M, Net Income -$7.8M, EPS $-0.10. Year 2023: Revenue $43.2M, Net Income -$24.6M, EPS $-0.10. Year 2024: Revenue $35.6M, Net Income -$29.2M, EPS $-0.17.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cytosorbents Corp's revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $-0.17 indicates the company is currently unprofitable.

CTSO Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-27.3%
Free cash flow / Revenue

CTSO Quarterly Performance

Quarterly financial performance data for Cytosorbents Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $8.6M -$2.7M $-0.04
Q2 2025 $8.8M $469.0K $0.01
Q1 2025 $8.7M -$1.5M $-0.02
Q3 2024 $8.8M -$2.3M $-0.04
Q2 2024 $9.4M -$4.1M $-0.08
Q1 2024 $9.4M -$6.4M $-0.12
Q3 2023 $8.1M -$9.2M $-0.21
Q2 2023 $8.5M -$6.2M $-0.14

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CTSO Capital Allocation

Operating Cash Flow
-$7.6M
Cash generated from operations
Capital Expenditures
$56.0K
Investment in assets
Dividends
None
No dividend program

CTSO SEC Filings

Access official SEC EDGAR filings for Cytosorbents Corp (CIK: 0001175151)

📋 Recent SEC Filings

Date Form Document Action
Nov 20, 2025 4 xslF345X05/tm2531906-1_4seq1.xml View →
Nov 13, 2025 8-K a8k.htm View →
Nov 13, 2025 10-Q ctso-20250930x10q.htm View →
Oct 3, 2025 8-K tm2527881d1_8k.htm View →
Sep 16, 2025 8-K a8k.htm View →

Frequently Asked Questions about CTSO

What is the AI rating for CTSO?

Cytosorbents Corp (CTSO) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CTSO's key strengths?

Revenue growth of 14.5% YoY demonstrates market demand for products. Exceptional gross margin of 70.7% reflects pricing power and operational efficiency at production level.

What are the risks of investing in CTSO?

Persistent operating losses (-$10.4M) and negative net income despite revenue growth signal inability to control operating expenses. Negative operating cash flow (-$7.6M) indicates business is not self-sustaining and burning capital to fund operations.

What is CTSO's revenue and growth?

Cytosorbents Corp reported revenue of $27.8M.

Does CTSO pay dividends?

Cytosorbents Corp does not currently pay dividends.

Where can I find CTSO SEC filings?

Official SEC filings for Cytosorbents Corp (CIK: 0001175151) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CTSO's EPS?

Cytosorbents Corp has a diluted EPS of $-0.04.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-09-30 | Powered by Claude AI