According to SomnoMed latest financial reports the cash on hand of SOM is $8.09M, an decrease of -23.57% to 2022. At the end of 2022 company had $10.58M cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $8.09M | -23.57% |
2022 | $10.58M | -25.89% |
2021 | $14.28M | -30.04% |
2020 | $20.41M | 292.02% |
2019 | $5.21M | - |