Envoy Medical, Inc. (COCH)
Nasdaq: COCH · Orthopedic, Prosthetic & Surgical Appliances & Supplies · White Bear Lake, MN · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 23, 2026 | Mar 31, 2025 | Apr 1, 2024 | Apr 3, 2023 | Mar 31, 2022 |
| Revenue | 241,000 | 225,000 | 316,000 | 237,000 | · |
| For insurers | |||||
| Total benefits, losses and expenses | · | · | 100,000 | · | · |
| Cost of revenue | 874,000 | 742,000 | 789,000 | 498,000 | · |
| Research and development | 12,486,000 | 10,179,000 | 8,956,000 | 4,975,000 | · |
| Selling, general and administrative | · | · | 7,276,000 | 2,585,000 | · |
| Sales and marketing | 1,220,000 | 1,734,000 | 1,666,000 | 885,000 | · |
| General and administrative | 7,931,000 | 6,826,000 | 7,264,000r | · | · |
| Total costs and expenses | 22,511,000 | 19,481,000 | 18,675,000r | 8,943,000 | 5,204,970 |
| Operating income | -22,270,000 | -19,256,000 | -18,359,000r | -8,706,000r | -5,204,970 |
| Interest expense | 1,590,000 | 816,000 | · | · | · |
| Interest and investment income | · | · | · | 6,125,038 | 37,665 |
| Other income (expense), net | -23,000 | -26,000 | 54,000r | -127,000 | · |
| Total non-operating income (expense) | -1,486,000 | -1,539,000 | -11,563,000r | -7,217,000 | · |
| Income before income taxes | -23,756,000 | -20,795,000 | · | 20,735,424 | -251,633 |
| Income tax expense | · | · | · | 1,501,714 | · |
| Net income including non-controlling interests | · | · | · | 19,233,710 | -251,633 |
| Net income | -23,756,000 | -20,795,000 | -29,922,000r | -15,923,000r | -251,633 |
| Net income to common shareholders | -28,662,000 | -27,973,000 | -31,271,000r | -15,923,000 | · |
| Earnings per share, basic | -1.23 | -1.49 | -2.54r | -1.57 | · |
| Earnings per share, diluted | -1.23 | -1.49 | -2.54r | -1.57 | · |
| Weighted average shares, basic | 23,259,598 | 18,790,448 | 12,295,391r | 10,123,169 | · |
| Weighted average shares, diluted | 23,259,598 | 18,790,448 | 12,295,391r | 10,123,169 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesTotal benefits, losses and expenses claims and every other cost together
us-gaap:BenefitsLossesAndExpensesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenueResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpenses
us-gaap:OperatingCostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding