State Ledger
Company profile

Sanara MedTech Inc. CIK 714256

Ticker
SMTI (Nasdaq)
Industry
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Headquarters
Fort Worth, TX 76102
Fiscal year end
2025 (FY)
Market Data
Close
$35.13
Change
-$0.03
Change %
-0.09%
Volume
9,175

SMTI · trading date Oct 13, 2026 · previous close $35.16 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$103.12M
Net income
-$37.56M
Total assets
$72.94M
Total liabilities
$67.01M
Stockholders' equity
$5.94M
Cash & equivalents
$16.58M
Operating income
$7.30M
Operating cash flow
$6.79M
Capital expenditures
$4.63M

Fiscal year 2025, via 10-K filed 2026-03-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
7.1%
Net margin
-36.4%
Free cash flow
$2.16M
Free cash flow margin
2.1%
Liabilities / assets
91.9%
Equity / assets
8.1%
CapEx / revenue
4.5%
Operating cash flow / net income
-0.18×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $103.12M -$37.56M $72.94M $67.01M $5.94M
2024 $86.67M -$9.66M $88.09M $49.18M $39.40M
2023 $64.99M -$4.30M $73.87M $29.28M $44.83M
2022 $45.84M -$7.94M $61.04M $19.32M $41.83M
2021 $24.14M -$7.92M $36.40M $6.24M $30.64M
Company Details
SIC code
3842
State of incorporation
TX
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-16
Financials filed via
Form 10-K
filed 2026-03-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Fort Worth, TX 76102
1200 SUMMIT AVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:54 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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