FEMYNasdaqSurgical & Medical Instruments & ApparatusUS GAAP · USD

Femasys Inc

Femasys Inc. is a U.S.-based medical technology company developing and commercializing women’s health products, with current focus on FemaSeed and its investigational product FemBloc. The company is still in a development-and-commercialization phase, funding clinical, regulatory, manufacturing, and sales efforts while it works to expand adoption and obtain approval for its pipeline.

Liikevaihto2,3milj. USD
+40,8 %v/v
Liikevoitto (EBIT)−17,6milj. USD
+1,1 %v/v
EBIT-marginaali−767,0%
+324,8 %-yks.v/v
Nettotulos−18,6milj. USD
+1,0 %v/v
Vapaa kassavirta−19,2milj. USD
+4,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−20−15−10−505milj. USD2020: 1,0 milj. USD2020: EBIT −6,9 milj. USD20202021: 1,2 milj. USD2021: EBIT −8,3 milj. USD20212022: 1,2 milj. USD2022: EBIT −12 milj. USD20222023: 1,1 milj. USD2023: EBIT −15 milj. USD20232024: 1,6 milj. USD2024: EBIT −18 milj. USD20242025: 2,3 milj. USD2025: EBIT −18 milj. USD20252,3−18
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Commercial women’s health products35 %

Currently marketed products and related commercialization efforts, including FemaSeed.

Pipeline product development45 %

Clinical and regulatory development of FemBloc and future product candidates.

Manufacturing and supply chain10 %

Production, sourcing, and supply support needed to make and ship products.

Sales and marketing10 %

Commercial organization and market-building activities for current and future products.

Asiakkaat

The company sells to healthcare customers and distributors that buy women’s health products for clinical use and resale. Its commercial model also depends on physicians, clinics, and other providers that influence adoption of FemaSeed, while FemBloc’s future customer base depends on regulatory approval and market access. International distributors are specifically mentioned as part of the shipping and sales model.

U.S. healthcare customers

Buy current products shipped directly in the U.S.; they value availability, clinical utility, and reliable fulfillment.

International distributors

Purchase products for resale under EX-Works terms and extend the company’s reach outside the U.S.

Physicians and clinics

Influence adoption of FemaSeed and potential FemBloc use by choosing products for patient care.

Future FemBloc market

Represents the addressable customer base if FemBloc clears regulatory review and commercialization.

Strategia

The company’s near-term strategy is to fund and complete the pivotal trial for FemBloc while continuing commercialization of FemaSeed. It also needs to build sales, marketing, manufacturing, and regulatory capabilities, which makes capital raising a central strategic priority. Longer term, success depends on converting clinical evidence into approval, market access, and broader product expansion.

Complete FemBloc pivotal trialLyhyt aikaväli

Clinical evidence is required to support approval and future commercialization.

Secure additional financingLyhyt aikaväli

Cash on hand is not sufficient to sustain operations and development plans.

Scale commercialization of FemaSeedKeskipitkä aikaväli

Current product sales help establish the platform and support future adoption.

Maantiede

Q2/2026

Femasys is headquartered in the United States and appears operationally centered there, with direct U.S. shipping and commercialization as the core business. The company also serves international distributors, so non-U.S. markets matter for future expansion, but the filings provided do not disclose a country revenue split. Geography is important because U.S. regulatory approval, FDA timing, and domestic commercialization are central to the company’s near-term execution.

USA98 %
Other countries (US filing)2,2 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Femasys faces substantial going-concern and financing risk because management states cash is insufficient to sustain operations without additional capital. The company is also exposed to clinical, regulatory, and commercialization risk: delays or setbacks in the FemBloc trial or FDA review could materially slow or prevent product launch, while Nasdaq listing compliance adds market and financing pressure. As a medical device company, it also faces execution risk around manufacturing, supply continuity, and adoption by providers and distributors.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Liquidity and going-concern risk1Clinical and regulatory approval risk2Nasdaq delisting risk3Commercialization and adoption risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Liquidity and going-concern riskVaikutus: KriittinenTodennäköisyys: Korkea

    Management says current cash is not sufficient to fund operations and development.

    KohdistuuOperationsClinical trialsCommercialization
  2. Clinical and regulatory approval riskVaikutus: KorkeaTodennäköisyys: Korkea

    FemBloc depends on successful pivotal trial results and FDA review.

    Kohdistuu: FemBloc pipeline

  3. Nasdaq delisting riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company received deficiency notices tied to continued listing requirements.

    Kohdistuu: Capital markets access and stock liquidity

  4. Commercialization and adoption riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Revenue depends on physician, clinic, and distributor uptake of products.

    Kohdistuu: FemaSeed and future FemBloc sales

Kirjanpito

Harkinnanvaraiset erät
Point-in-time revenue recognition

Revenue is booked when goods ship, so timing around period-end can shift reported sales.

Vaikutus: Quarterly revenue comparability

Shipping terms and transfer of control

FOB shipping point and EX-Works terms determine when revenue is recognized.

Vaikutus: Revenue cut-off and returns handling

Stock-based compensation and convertible note amortization

Non-cash charges are meaningful in operating losses and can distort cash burn analysis.

Vaikutus: Net loss and operating expense presentation

Going-concern and financing assumptions

Liquidity constraints may influence valuation allowances, expense timing, and disclosures.

Vaikutus: Financial statement estimates and disclosure risk

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026