ACON Chart
About

Aclarion, Inc. operates as a healthcare technology company in the United States. The company uses magnetic resonance spectroscopy (MRS) and proprietary biomarkers to optimize clinical treatments. It develops NOCISCAN, which uses MRS capabilities to non-invasively analyze the chemical makeup of intervertebral discs in the spine. The company also provides NOCISCAN MRS Exam Protocol, a custom software protocol for using commercially available MRS pulse sequences in scanning intervertebral discs which extends the time of a standard lumbar MRI exam; and data transfer products, including AMBRA Healthcare, an imaging data transfer platform and NOCIWEB, a custom developed web-interface. In addition, it offers The NOCISCAN Post-Processor Suite comprising NOCICALC, a Class I medical device that receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra, and performs various degenerative pain biomarker calculations from those spectra, for each disc examined; and NOCIGRAM, which further processes the NOCICALC results into individual NOCISCORES, on a 0-10 scale, that represent the different relative levels of degenerative pain biomarkers the various discs examined in the patient. The company was formerly known as Nocimed, Inc. and changed its name to Aclarion, Inc. in December 2021. Aclarion, Inc. was incorporated in 2008 and is based in Broomfield, Colorado.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Health Information Servi Market Cap 2.66M
Enterprise Value -9.69M Income -7.39M Sales 67.48K
Book/sh 21.46 Cash/sh 16.95 Dividend Yield —
Payout 0.00% Employees 5 IPO —
P/E — Forward P/E -0.18 PEG —
P/S 39.37 P/B 0.12 P/C —
EV/EBITDA 1.46 EV/Sales -143.57 Quick Ratio 16.31
Current Ratio 17.01 Debt/Eq — LT Debt/Eq —
EPS (ttm) -2258.79 EPS next Y -13.71 EPS Growth —
Revenue Growth 31.50% Earnings 2025-11-12 06:00 ROA -52.37%
ROE -97.72% ROIC — Gross Margin -7.83%
Oper. Margin -96.66% Profit Margin 0.00% Shs Outstand 1.05M
Shs Float 671.34K Short Float 16.90% Short Ratio 0.08
Short Interest — 52W High 229.50 52W Low 2.34
Beta 1.44 Avg Volume 887.40K Volume 42.86K
Target Price $23.00 Recom None Prev Close $2.51
Price $2.52 Change 0.40%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$23.00
Mean price target
2. Current target
$2.52
Latest analyst target
3. DCF / Fair value
$-70.63
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.52
Low
$23.00
High
$23.00
Mean
$23.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-20 main Ascendiant Capital Buy → Buy $23
2025-09-19 main Ascendiant Capital Buy → Buy $22
2024-12-13 down Maxim Group Buy → Hold —
2024-11-27 main Ascendiant Capital Buy → Buy $1
2024-08-26 main Ascendiant Capital Buy → Buy $2
2024-07-29 init Ascendiant Capital — → Buy $2
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 10 62 — Purchase at price 6.20 per share. NESS BRENT Chief Executive Officer — 2025-11-26 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-5.32M-4.71M-5.42M-4.66M
TotalUnusualItems-944.73K573.60K-1.19K377.20K
TotalUnusualItemsExcludingGoodwill-944.73K573.60K-1.19K377.20K
NetIncomeFromContinuingOperationNetMinorityInterest-6.99M-4.91M-7.07M-4.95M
ReconciledDepreciation193.14K162.67K143.62K186.39K
ReconciledCostOfRevenue84.66K75.73K65.30K69.17K
EBITDA-6.26M-4.14M-5.42M-4.29M
EBIT-6.46M-4.30M-5.56M-4.47M
NetInterestIncome-535.15K-608.12K-1.51M-476.48K
InterestExpense535.47K608.29K1.51M476.48K
InterestIncome318.00172.002.51K
NormalizedIncome-6.05M-5.48M-7.07M-5.33M
NetIncomeFromContinuingAndDiscontinuedOperation-6.99M-4.91M-7.07M-4.95M
TotalExpenses5.56M4.95M5.62M3.01M
TotalOperatingIncomeAsReported-5.51M-4.88M-5.56M-2.95M
DilutedAverageShares1.04K91.0054.0049.00
BasicAverageShares1.04K91.0054.0049.00
DilutedEPS-6.77K-53.97K-138.59K-121.55K
BasicEPS-6.77K-53.97K-138.59K-121.55K
DilutedNIAvailtoComStockholders-7.05M-4.91M-7.48M-5.96M
NetIncomeCommonStockholders-7.05M-4.91M-7.48M-5.96M
PreferredStockDividends59.67K415.52K1.01M
NetIncome-6.99M-4.91M-7.07M-4.95M
NetIncomeIncludingNoncontrollingInterests-6.99M-4.91M-7.07M-4.95M
NetIncomeContinuousOperations-6.99M-4.91M-7.07M-4.95M
TaxProvision0.000.000.000.00
PretaxIncome-6.99M-4.91M-7.07M-4.95M
OtherIncomeExpense-944.73K573.87K-1.19K-1.52M
OtherNonOperatingIncomeExpenses-212.45K265.00-1.90M
SpecialIncomeCharges-1.28M0.000.00378.51K
OtherSpecialCharges1.28M-378.51K
GainOnSaleOfSecurity334.98K573.60K-1.19K-1.31K
NetNonOperatingInterestIncomeExpense-535.15K-608.12K-1.51M-476.48K
InterestExpenseNonOperating535.47K608.29K1.51M476.48K
InterestIncomeNonOperating318.00172.002.51K
OperatingIncome-5.51M-4.88M-5.56M-2.95M
OperatingExpense5.47M4.88M5.56M2.94M
OtherTaxes0.001.14K800.00800.00
ResearchAndDevelopment888.77K873.34K1.07M787.85K
SellingGeneralAndAdministration4.59M4.00M4.49M2.16M
SellingAndMarketingExpense976.55K757.00K498.00K330.81K
GeneralAndAdministrativeExpense3.61M3.25M3.99M1.83M
OtherGandA3.61M3.25M3.99M1.83M
GrossProfit-38.93K-324.00-4.85K-8.88K
CostOfRevenue84.66K75.73K65.30K69.17K
TotalRevenue45.72K75.40K60.44K60.29K
OperatingRevenue45.72K75.40K60.44K60.29K
Line Item2023-12-312022-12-31
TreasurySharesNumber0.000.00
OrdinarySharesNumber1.37K91.0054.0049.00
ShareIssued1.37K91.0054.0049.00
NetDebt104.66K1.57M
TotalDebt1.13M2.00M
TangibleBookValue-323.65K-1.90M1.02M-6.87M
InvestedCapital970.06K397.73K2.23M-3.73M
WorkingCapital-329.15K-1.90M1.01M-6.89M
NetTangibleAssets-323.65K-1.90M1.02M-6.87M
CommonStockEquity970.06K-728.00K2.23M-5.73M
PreferredStockEquity245.00
TotalCapitalization970.06K-728.00K2.23M-5.73M
TotalEquityGrossMinorityInterest970.06K-728.00K2.23M-5.73M
StockholdersEquity970.06K-728.00K2.23M-5.73M
RetainedEarnings-51.26M-44.28M-39.37M-31.89M
AdditionalPaidInCapital52.23M43.55M41.60M26.16M
CapitalStock0.000.005.00254.00
CommonStock0.000.005.009.00
PreferredStock0.000.00245.00
TotalLiabilitiesNetMinorityInterest1.15M3.19M688.67K7.62M
TotalNonCurrentLiabilitiesNetMinorityInterest0.000.000.000.00
PreferredSecuritiesOutsideStockEquity7.10M
CurrentLiabilities1.15M3.19M688.67K7.62M
OtherCurrentLiabilities92.64K443.79K345.24K
CurrentDebtAndCapitalLeaseObligation1.13M2.00M
CurrentDebt1.13M2.00M
LineOfCredit0.00
CurrentNotesPayable0.001.13M0.002.00M
PensionandOtherPostRetirementBenefitPlansCurrent450.48K355.08K165.95K
PayablesAndAccruedExpenses610.31K1.26M522.72K5.62M
CurrentAccruedExpenses78.70K502.64K60.52K696.58K
InterestPayable0.0098.69K0.00356.22K
Payables531.60K760.53K462.20K4.92M
OtherPayable6.02K1.71K4.64K5.76K
DividendsPayable0.003.86M
AccountsPayable525.58K758.82K457.56K1.06M
TotalAssets2.12M2.46M2.91M1.89M
TotalNonCurrentAssets1.30M1.17M1.21M1.16M
GoodwillAndOtherIntangibleAssets1.29M1.17M1.21M1.14M
OtherIntangibleAssets1.29M1.17M1.21M1.14M
NetPPE5.50K1.78K3.35K12.64K
AccumulatedDepreciation-54.80K-53.40K-70.03K-100.59K
GrossPPE60.30K55.18K73.37K113.23K
OtherProperties18.19K18.19K
MachineryFurnitureEquipment60.30K55.18K55.18K95.04K
CurrentAssets824.28K1.29M1.70M732.20K
OtherCurrentAssets4.17K41.63K49.56K273.39K
CurrentDeferredAssets119.73K100.59K0.000.00
RestrictedCash10.00K10.00K10.00K20.00K
PrepaidAssets218.40K102.65K150.05K273.39K
Receivables18.33K13.42K18.65K6.28K
OtherReceivables154.0084.00
AccountsReceivable18.33K13.27K18.57K6.28K
AllowanceForDoubtfulAccountsReceivable0.000.000.000.00
GrossAccountsReceivable18.33K13.27K18.57K6.28K
CashCashEquivalentsAndShortTermInvestments453.66K1.02M1.47M432.53K
CashAndCashEquivalents453.66K1.02M1.47M432.53K
CashFinancial1.02M1.47M432.53K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-5.59M-3.77M-5.16M-2.50M
RepurchaseOfCapitalStock0.00-1.00K0.00
RepaymentOfDebt-300.97K0.00-2.00M0.00
IssuanceOfDebt0.002.25M0.002.94M
IssuanceOfCapitalStock6.57M1.46M8.55M0.00
CapitalExpenditure-321.94K-119.52K-208.87K-102.00K
InterestPaidSupplementalData13.07K10.71K
IncomeTaxPaidSupplementalData0.000.00
EndCashPosition463.66K1.03M1.48M452.53K
BeginningCashPosition1.03M1.48M452.53K14.98K
ChangesInCash-567.41K-451.74K1.03M437.55K
FinancingCashFlow5.03M3.31M6.19M2.94M
CashFlowFromContinuingFinancingActivities5.03M3.31M6.19M2.94M
NetOtherFinancingCharges-1.25M-398.22K-365.06K
ProceedsFromStockOptionExercised0.008.55M
NetPreferredStockIssuance1.00M0.000.00
PreferredStockPayments0.00-1.00K0.00
PreferredStockIssuance1.00M1.00K0.00
NetCommonStockIssuance5.57M1.46M8.55M0.00
CommonStockIssuance5.57M1.46M8.55M0.00
NetIssuancePaymentsOfDebt-300.97K2.25M-2.00M2.94M
NetShortTermDebtIssuance2.25M0.002.94M
ShortTermDebtPayments0.00-2.00M
ShortTermDebtIssuance2.25M0.002.94M
NetLongTermDebtIssuance-300.97K2.25M-2.00M0.00
LongTermDebtPayments-300.97K0.00-2.00M0.00
LongTermDebtIssuance0.002.25M0.002.00M
InvestingCashFlow-321.94K-119.52K-207.87K-102.00K
CashFlowFromContinuingInvestingActivities-321.94K-119.52K-207.87K-102.00K
NetOtherInvestingChanges1.00K
NetIntangiblesPurchaseAndSale-316.82K-119.52K-208.87K-102.00K
PurchaseOfIntangibles-119.52K-208.87K-102.00K
NetPPEPurchaseAndSale-5.12K0.001.00K0.00
SaleOfPPE0.001.00K0.00
PurchaseOfPPE0.00
OperatingCashFlow-5.27M-3.65M-4.95M-2.40M
CashFlowFromContinuingOperatingActivities-5.27M-3.65M-4.95M-2.40M
ChangeInWorkingCapital-564.24K622.87K-616.10K629.27K
ChangeInPayablesAndAccruedExpense-283.85K662.90K-516.28K823.82K
ChangeInAccruedExpense-127.45K442.27K86.82K624.21K
ChangeInInterestPayable0.00-6.19K200.71K114.40K
ChangeInPayable-156.40K220.63K-603.10K199.60K
ChangeInAccountPayable-156.40K220.63K-603.10K199.60K
ChangeInPrepaidAssets-287.66K-38.54K-87.52K-210.76K
ChangeInReceivables7.27K-1.49K-12.29K16.22K
ChangesInAccountReceivables7.27K-1.49K-12.29K16.22K
OtherNonCashItems2.03M596.34K1.30M1.90M
StockBasedCompensation287.45K456.00K1.29M177.49K
DepreciationAmortizationDepletion193.14K162.67K143.62K186.39K
DepreciationAndAmortization193.14K162.67K143.62K186.39K
AmortizationCashFlow191.74K161.11K139.12K
AmortizationOfIntangibles191.74K161.11K139.12K
Depreciation1.40K1.56K4.50K
OperatingGainsLosses-223.10K-573.46K3.79K-343.12K
GainLossOnInvestmentSecurities-335.03K-573.46K30.39K
GainLossOnSaleOfPPE0.003.79K0.00
NetIncomeFromContinuingOperations-6.99M-4.91M-7.07M-4.95M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ACON
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