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EBRCZ Stock Analysis 2026 - EBR Systems, Inc. AI Rating

EBRCZ OTC Surgical & Medical Instruments & Apparatus DE CIK: 0001347123
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
STRONG SELL
95% Conf
Pending
Analysis scheduled

📊 EBRCZ Key Takeaways

Revenue: $1.6M
Net Margin: -3,015.3%
Free Cash Flow: $-56.9M
Current Ratio: 5.20x
Debt/Equity: 1.63x
EPS: $-0.12
AI Rating: STRONG SELL with 95% confidence

Is EBRCZ a Good Investment? Thesis Analysis

Claude

EBR Systems is in severe financial distress with collapsing revenues (-49.2% YoY), massive operating losses (-$46.1M), and deeply negative cash flow (-$53.2M operating, -$56.9M free cash flow). Despite adequate liquidity ratios, the company is burning cash rapidly with only $5.8M in cash against $41.8M in long-term debt, indicating insolvency risk within 12 months absent dramatic operational turnaround or capital infusion.

Why Buy EBRCZ? Key Strengths

Claude
  • + Positive gross margin of 30.3% indicates product-level economics are viable
  • + Current ratio of 5.20x provides near-term liquidity buffer for operations
  • + Only 1 insider Form 4 filing in 90 days suggests minimal opportunistic selling

EBRCZ Investment Risks to Consider

Claude
  • ! Revenue collapse of 49.2% YoY indicates severe demand destruction or market rejection
  • ! Operating cash burn of $53.2M with only $5.8M cash on hand creates imminent liquidity crisis
  • ! Long-term debt of $41.8M versus equity of $25.6M with negative interest coverage (-8.2x) signals debt default risk
  • ! Net losses of $48.8M and operating losses of $46.1M show unsustainable business model
  • ! Negative free cash flow of $56.9M indicates company cannot self-fund operations

Key Metrics to Watch

Claude
  • * Monthly operating cash burn rate and cash runway to depletion
  • * Revenue stabilization or recovery trajectory in next two quarters
  • * Debt covenant compliance status and refinancing availability
  • * Capital raising activities including equity dilution or debt restructuring

EBRCZ Financial Metrics

Revenue
$1.6M
Net Income
$-48.8M
EPS (Diluted)
$-0.12
Free Cash Flow
$-56.9M
Total Assets
$97.2M
Cash Position
$5.8M

💡 AI Analyst Insight

Strong liquidity with a 5.20x current ratio provides a solid financial cushion.

EBRCZ Profitability Ratios

Gross Margin 30.3%
Operating Margin -2,850.2%
Net Margin -3,015.3%
ROE -190.6%
ROA -50.1%
FCF Margin -3,517.3%

EBRCZ vs Healthcare Sector

How EBR Systems, Inc. compares to Healthcare sector averages

Net Margin
EBRCZ -3,015.3%
vs
Sector Avg 12.0%
EBRCZ Sector
ROE
EBRCZ -190.6%
vs
Sector Avg 15.0%
EBRCZ Sector
Current Ratio
EBRCZ 5.2x
vs
Sector Avg 2.0x
EBRCZ Sector
Debt/Equity
EBRCZ 1.6x
vs
Sector Avg 0.6x
EBRCZ Sector

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

Is EBRCZ Overvalued or Undervalued?

Based on fundamental analysis, EBR Systems, Inc. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-190.6%
Sector avg: 15%
Net Profit Margin
-3,015.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.63x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

EBRCZ Balance Sheet & Liquidity

Current Ratio
5.20x
Quick Ratio
4.22x
Debt/Equity
1.63x
Debt/Assets
73.7%
Interest Coverage
-8.17x
Long-term Debt
$41.8M

EBRCZ 5-Year Financial Trend & Growth Analysis

EBRCZ 5-year financial data: Year 2025: Revenue $1.6M, Net Income -$40.8M, EPS $-0.13.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: EBR Systems, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.13 indicates the company is currently unprofitable.

EBRCZ 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
-3,517.3%
Free cash flow / Revenue

EBRCZ Quarterly Performance

Quarterly financial performance data for EBR Systems, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $512.1K -$10.1M $-0.03
Q2 2025 $169.7K -$11.5M $-0.03

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

EBRCZ Capital Allocation

Operating Cash Flow
-$53.2M
Cash generated from operations
Capital Expenditures
$3.7M
Investment in assets
Dividends
None
No dividend program

EBRCZ SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for EBR Systems, Inc. (CIK: 0001347123)

📋 Recent SEC Filings

Date Form Document Action
Mar 18, 2026 10-K s31626010k.htm View →
Mar 13, 2026 8-K g3132608k.htm View →
Mar 6, 2026 4 xslF345X05/form4-03062026_100334.xml View →
Jan 26, 2026 DEF 14A d124261def14a.htm View →
Jan 13, 2026 8-K b1122638k.htm View →

Frequently Asked Questions about EBRCZ

What is the AI rating for EBRCZ?

EBR Systems, Inc. (EBRCZ) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are EBRCZ's key strengths?

Claude: Positive gross margin of 30.3% indicates product-level economics are viable. Current ratio of 5.20x provides near-term liquidity buffer for operations.

What are the risks of investing in EBRCZ?

Claude: Revenue collapse of 49.2% YoY indicates severe demand destruction or market rejection. Operating cash burn of $53.2M with only $5.8M cash on hand creates imminent liquidity crisis.

What is EBRCZ's revenue and growth?

EBR Systems, Inc. reported revenue of $1.6M.

Does EBRCZ pay dividends?

EBR Systems, Inc. does not currently pay dividends.

Where can I find EBRCZ SEC filings?

Official SEC filings for EBR Systems, Inc. (CIK: 0001347123) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EBRCZ's EPS?

EBR Systems, Inc. has a diluted EPS of $-0.12.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EBRCZ a good stock to buy right now?

Based on our AI fundamental analysis in March 2026, EBR Systems, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EBRCZ stock overvalued or undervalued?

Valuation metrics for EBRCZ: ROE of -190.6% (sector avg: 15%), net margin of -3,015.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy EBRCZ stock in 2026?

Our dual AI analysis gives EBR Systems, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EBRCZ's free cash flow?

EBR Systems, Inc.'s operating cash flow is $-53.2M, with capital expenditures of $3.7M. FCF margin is -3,517.3%.

How does EBRCZ compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -3,015.3% (avg: 12%), ROE -190.6% (avg: 15%), current ratio 5.20 (avg: 2).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) 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: 2025-12-31 | Powered by Claude AI