Eargo, Inc.
Healthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|
| Revenue | $37.2M | $32.1M | $69.2M | $32.8M | $23.2M |
| Operating income | −$111.8M | −$156.7M | −$34.9M | −$44.0M | −$31.6M |
| Net income | −$157.5M | −$157.8M | −$39.9M | −$44.5M | −$33.8M |
| Total assets | $132.1M | $160.1M | $232.6M | $27.3M | — |
| Total liabilities | $31.2M | $90.9M | $38.7M | $30.5M | — |
| Equity | $100.9M | $69.2M | $193.9M | −$156.1M | −$113.0M |
| EPS (diluted) | $-39.68 | $-81.11 | $-76.10 | — | — |
| Shares out. | 39.4M | 38.3M | 38.2M | 265,943 | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −300.0%
- Net margin
- −422.8%
- Return on equity
- −156.2%
- Return on assets
- −119.2%
- Return on capital (ROCE)
- −104.6%
- Liabilities / assets
- 23.6%
- Debt / equity
- 0.31×
- Book value / share
- $2.56
- Revenue growth (YoY)
- 16.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -10.48distress
- Accruals / assets
- −30.4%clean
- Beneish M-Score
- -4.76normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 11, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 2, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Brownie WilliamOfficer — Interim CEO & COO | Feb 16, 2024 | D | 38 | — |
| Wu David JamesDirector | Feb 16, 2024 | D | 25,463 | — |
| Thorpe MarkOfficer — CFO & CAO | Feb 16, 2024 | D | 32 | — |
| Thorpe MarkOfficer — Chief Accounting Officer | Nov 29, 2023 | D | 1,029 | $2.59 |
| Laponis AdamOfficer — Chief Financial Officer | Nov 20, 2023 | D | 33 | $2.60 |
| Thorpe MarkOfficer — Chief Accounting Officer | Nov 17, 2023 | D | 3 | $2.56 |
| Brownie WilliamOfficer — Interim CEO & COO | Nov 17, 2023 | D | 14 | $2.56 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Amended charter or bylaws · Other material eventFeb 16, 2024
- Shareholder voteFeb 14, 2024
- Director / officer changeDec 22, 2023
- Entered a material agreementOct 30, 2023
- Other material eventOct 30, 2023
- Results of operationsAug 10, 2023
- Costs from exit or disposal · Director / officer changeJun 27, 2023
- Director / officer change · Shareholder voteJun 9, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.