CTSO Chart
About

Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology in the United States, Germany, and internationally. The company's flagship product is CytoSorb, an extracorporeal blood purification cartridge for the treatment of massive inflammation, organ failure, cardiothoracic surgery to remove antithrombotic drugs and inflammatory mediators that can lead to postoperative complications, such as severe bleeding, shock, failure to wean from mechanical ventilation, sepsis, and multiple organ failure; DrugSorb-ATR, an antithrombotic removal system; VetResQ, a broad-spectrum blood purification adsorber for the treatment of septic shock, toxic shock syndrome, toxin-mediated diseases, pancreatitis, trauma, liver failure, heat stroke, and lung injury in animals; PuriFi, an advanced hemoperfusion pump for blood purification therapies; and ECOS-300CY, an ex vivo organ perfusion system to preserve or improve the health and quality of harvested solid organs to be transplanted. In addition, it develops HemoDefend-BGA, a blood purification technology platform to reduce anti-A and anti-B antibodies in plasma and whole blood. The company was formerly known as MedaSorb Technologies Corporation and changed its name to Cytosorbents Corporation in May 2010. Cytosorbents Corporation was founded in 1997 and is headquartered in Princeton, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 44.59M
Enterprise Value 62.93M Income -10.27M Sales 36.98M
Book/sh 0.14 Cash/sh 0.12 Dividend Yield —
Payout 0.00% Employees 149 IPO —
P/E — Forward P/E -5.07 PEG —
P/S 1.21 P/B 4.93 P/C —
EV/EBITDA -4.95 EV/Sales 1.70 Quick Ratio 1.48
Current Ratio 2.11 Debt/Eq 300.84 LT Debt/Eq —
EPS (ttm) -0.18 EPS next Y -0.14 EPS Growth —
Revenue Growth 10.10% Earnings 2026-03-30 ROA -19.01%
ROE -93.26% ROIC — Gross Margin 70.80%
Oper. Margin -28.07% Profit Margin -27.77% Shs Outstand 62.80M
Shs Float 54.92M Short Float 3.52% Short Ratio 23.21
Short Interest — 52W High 1.39 52W Low 0.60
Beta 1.41 Avg Volume 99.87K Volume 26.97K
Target Price $5.25 Recom None Prev Close $0.69
Price $0.71 Change 2.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.25
Mean price target
2. Current target
$0.71
Latest analyst target
3. DCF / Fair value
$-1.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.71
Low
$0.75
High
$10.00
Mean
$5.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-12 main D. Boral Capital Buy → Buy $10
2025-12-16 main D. Boral Capital Buy → Buy $10
2025-11-14 main D. Boral Capital Buy → Buy $10
2025-11-14 main HC Wainwright & Co. Neutral → Neutral $1
2025-09-16 main D. Boral Capital Buy → Buy $10
2025-08-20 main D. Boral Capital Buy → Buy $10
2025-08-08 main D. Boral Capital Buy → Buy $10
2025-07-21 main D. Boral Capital Buy → Buy $10
2025-06-25 main D. Boral Capital Buy → Buy $10
2025-05-15 main D. Boral Capital Buy → Buy $10
2025-05-15 reit HC Wainwright & Co. Neutral → Neutral $1
2025-05-02 main D. Boral Capital Buy → Buy $10
2025-04-03 reit HC Wainwright & Co. Neutral → Neutral $1
2025-04-01 main D. Boral Capital Buy → Buy $10
2025-02-25 main D. Boral Capital Buy → Buy $10
2025-01-13 main D. Boral Capital Buy → Buy $10
2025-01-03 main D. Boral Capital Buy → Buy $10
2024-11-12 main D. Boral Capital Buy → Buy $10
2024-11-11 reit HC Wainwright & Co. Neutral → Neutral $1
2024-11-08 main EF Hutton Buy → Buy $10
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 100000 64000 — Stock Award(Grant) at price 0.64 per share. CHAN PHILLIP P Chief Executive Officer — 2025-11-18 00:00:00 D
1 89100 — — Stock Award(Grant) at price 0.00 per share. CAPPONI VINCENT J President — 2025-08-08 00:00:00 D
2 71500 — — Stock Award(Grant) at price 0.00 per share. MARIANI PETER J Chief Financial Officer — 2025-08-08 00:00:00 D
3 105600 — — Stock Award(Grant) at price 0.00 per share. CHAN PHILLIP P Chief Executive Officer — 2025-08-08 00:00:00 D
4 70000 — — Stock Award(Grant) at price 0.00 per share. DELIARGYRIS EFTHYMIOS Officer — 2025-08-08 00:00:00 D
5 12000 13560 — Conversion of Exercise of derivative security at price 1.13 per share. CAPPONI VINCENT J President — 2025-02-24 00:00:00 D
6 32625 36866 — Conversion of Exercise of derivative security at price 1.13 per share. MARIANI PETER J Chief Financial Officer — 2025-02-24 00:00:00 D
7 34168 38610 — Conversion of Exercise of derivative security at price 1.13 per share. CHAN PHILLIP P Chief Executive Officer — 2025-02-24 00:00:00 D
8 21950 24804 — Conversion of Exercise of derivative security at price 1.13 per share. SOBEL ALAN D Director — 2025-02-24 00:00:00 D
9 10000 11300 — Conversion of Exercise of derivative security at price 1.13 per share. BATOR MICHAEL G. Director — 2025-02-24 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-321.08K52.63K-78.35K-72.18K
TaxRateForCalcs0.080.030.030.03
NormalizedEBITDA-15.04M-29.83M-27.94M-19.04M
TotalUnusualItems-4.22M1.95M-2.45M-2.58M
TotalUnusualItemsExcludingGoodwill-4.22M1.95M-2.45M-2.58M
NetIncomeFromContinuingOperationNetMinorityInterest-20.72M-29.25M-32.81M-24.56M
ReconciledDepreciation1.74M2.02M1.13M1.13M
ReconciledCostOfRevenue10.47M9.13M13.96M11.05M
EBITDA-19.27M-27.88M-30.39M-21.62M
EBIT-21.01M-29.90M-31.52M-22.74M
NetInterestIncome-1.40M-157.89K132.60K28.01K
InterestExpense1.40M157.89K
InterestIncome28.01K
NormalizedIncome-16.82M-31.14M-30.44M-22.05M
NetIncomeFromContinuingAndDiscontinuedOperation-20.72M-29.25M-32.81M-24.56M
TotalExpenses52.38M63.03M60.88M62.85M
TotalOperatingIncomeAsReported-16.79M-31.95M-31.52M-22.74M
DilutedAverageShares54.43M44.66M43.79M43.57M
BasicAverageShares54.43M44.66M43.79M43.57M
DilutedEPS-0.38-0.65-0.75-0.57
BasicEPS-0.38-0.65-0.75-0.57
DilutedNIAvailtoComStockholders-20.72M-29.25M-32.81M-24.56M
NetIncomeCommonStockholders-20.72M-29.25M-32.81M-24.56M
NetIncome-20.72M-29.25M-32.81M-24.56M
NetIncomeIncludingNoncontrollingInterests-20.72M-29.25M-32.81M-24.56M
NetIncomeContinuousOperations-20.72M-29.25M-32.81M-24.56M
TaxProvision-1.69M-813.74K-1.09M-736.00K
PretaxIncome-22.41M-30.06M-33.91M-25.29M
OtherIncomeExpense-4.22M2.05M-2.52M-2.58M
OtherNonOperatingIncomeExpenses-30.0096.75K-67.30K
GainOnSaleOfSecurity-4.22M1.95M-2.45M-2.58M
NetNonOperatingInterestIncomeExpense-1.40M-157.89K132.60K28.01K
TotalOtherFinanceCost157.89K-132.60K-28.01K
InterestExpenseNonOperating1.40M157.89K
InterestIncomeNonOperating28.01K
OperatingIncome-16.79M-31.95M-31.52M-22.74M
OperatingExpense41.91M53.90M46.93M51.81M
OtherOperatingExpenses-5.26M-5.33M-3.06M
ResearchAndDevelopment6.92M15.59M15.12M16.38M
SellingGeneralAndAdministration35.00M38.31M37.14M38.48M
GeneralAndAdministrativeExpense37.87M37.14M38.48M
OtherGandA37.87M37.14M38.48M
GrossProfit25.13M21.95M15.40M29.06M
CostOfRevenue10.47M9.13M13.96M11.05M
TotalRevenue35.59M31.08M29.36M40.11M
OperatingRevenue35.59M31.08M29.36M40.11M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber55.10M54.51M43.85M43.69M
ShareIssued55.10M54.51M43.85M43.69M
NetDebt10.72M
TotalDebt26.89M18.31M18.25M13.82M
TangibleBookValue7.36M19.57M30.98M57.88M
InvestedCapital25.10M28.52M40.37M62.58M
WorkingCapital11.78M11.36M24.05M50.61M
NetTangibleAssets7.36M19.57M30.98M57.88M
CapitalLeaseObligations12.90M13.27M13.25M13.82M
CommonStockEquity11.11M23.48M35.37M62.58M
TotalCapitalization25.10M26.02M40.37M62.58M
TotalEquityGrossMinorityInterest11.11M23.48M35.37M62.58M
StockholdersEquity11.11M23.48M35.37M62.58M
GainsLossesNotAffectingRetainedEarnings4.25M529.32K2.33M525.59K
OtherEquityAdjustments4.25M529.32K2.33M525.59K
RetainedEarnings-304.01M-283.29M-254.00M-221.19M
AdditionalPaidInCapital310.81M306.19M287.00M283.19M
CapitalStock54.83K54.24K43.63K43.48K
CommonStock54.83K54.24K43.63K43.48K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest36.26M29.48M27.86M26.94M
TotalNonCurrentLiabilitiesNetMinorityInterest26.44M15.44M18.14M13.25M
LongTermDebtAndCapitalLeaseObligation26.44M15.44M18.14M13.25M
LongTermCapitalLeaseObligation12.44M12.90M13.14M13.25M
LongTermDebt14.00M2.54M5.00M
CurrentLiabilities9.82M14.04M9.71M13.69M
OtherCurrentLiabilities865.51K991.54K
CurrentDeferredLiabilities419.33K1.38M1.52M2.16M
CurrentDeferredRevenue419.33K1.38M1.52M2.16M
CurrentDebtAndCapitalLeaseObligation452.69K2.87M108.94K570.57K
CurrentCapitalLeaseObligation452.69K373.64K108.94K570.57K
CurrentDebt2.50M
OtherCurrentBorrowings2.50M
PayablesAndAccruedExpenses8.09M8.79M8.09M10.96M
CurrentAccruedExpenses4.75M4.99M5.58M7.11M
InterestPayable34.44K5.56K0.00
Payables3.34M3.80M2.51M3.85M
OtherPayable21.87K785.82K
AccountsPayable3.34M3.80M2.51M3.85M
TotalAssets47.37M52.96M63.23M89.52M
TotalNonCurrentAssets25.77M27.56M29.47M25.22M
OtherNonCurrentAssets1.48M1.48M1.69M1.69M
NonCurrentPrepaidAssets22.64K52.05K46.91K256.59K
GoodwillAndOtherIntangibleAssets3.75M3.91M4.39M4.70M
OtherIntangibleAssets3.75M3.91M4.39M4.70M
NetPPE20.51M22.12M23.35M18.57M
AccumulatedDepreciation-4.22M-3.04M-1.90M-4.76M
GrossPPE24.74M25.15M25.24M23.33M
Leases6.28M6.22M6.20M2.62M
OtherProperties11.51M12.06M12.60M13.42M
MachineryFurnitureEquipment6.94M6.87M6.44M7.29M
Properties0.000.000.000.00
CurrentAssets21.60M25.40M33.76M64.30M
OtherCurrentAssets3.27M1.83M2.49M2.87M
RestrictedCash5.00M0.00
PrepaidAssets2.87M
Inventory2.73M3.38M3.46M4.77M
OtherInventories-304.31K
FinishedGoods1.96M1.85M1.57M
WorkInProcess502.52K838.87K1.28M
RawMaterials569.82K685.80K613.35K
Receivables7.32M6.06M5.66M4.52M
AccountsReceivable7.32M6.06M5.66M4.52M
AllowanceForDoubtfulAccountsReceivable-157.70K-49.66K-76.04K-60.54K
GrossAccountsReceivable7.48M6.11M5.74M4.58M
CashCashEquivalentsAndShortTermInvestments3.28M14.13M22.14M52.14M
CashAndCashEquivalents3.28M14.13M22.14M52.14M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-15.10M-22.59M-34.69M-18.29M
RepurchaseOfCapitalStock-40.36K-90.00K
RepaymentOfDebt-5.00M0.000.000.00
IssuanceOfDebt15.00M0.005.00M0.00
IssuanceOfCapitalStock178.65K14.26M
CapitalExpenditure-669.43K-936.24K-6.46M-4.28M
InterestPaidSupplementalData1.29M376.67K0.000.00
EndCashPosition9.76M15.62M23.83M53.83M
BeginningCashPosition15.62M23.83M53.83M71.42M
EffectOfExchangeRateChanges-84.68K-99.77K-262.92K-24.77K
ChangesInCash-5.77M-8.12M-29.73M-17.57M
FinancingCashFlow9.33M14.47M4.96M715.20K
CashFlowFromContinuingFinancingActivities9.33M14.47M4.96M715.20K
NetOtherFinancingCharges-847.95K
ProceedsFromStockOptionExercised0.00218.28K0.00805.20K
NetCommonStockIssuance178.65K14.26M-40.36K-90.00K
CommonStockPayments-40.36K-90.00K
CommonStockIssuance178.65K14.26M
NetIssuancePaymentsOfDebt10.00M0.005.00M0.00
NetLongTermDebtIssuance10.00M0.005.00M0.00
LongTermDebtPayments-5.00M0.000.000.00
LongTermDebtIssuance15.00M0.005.00M0.00
InvestingCashFlow-669.43K-936.24K-6.46M-4.28M
CashFlowFromContinuingInvestingActivities-669.43K-936.24K-6.46M-4.28M
NetIntangiblesPurchaseAndSale-385.09K-398.12K-368.21K-640.01K
PurchaseOfIntangibles-385.09K-398.12K-368.21K-640.01K
NetPPEPurchaseAndSale-284.34K-538.12K-6.09M-3.64M
PurchaseOfPPE-284.34K-538.12K-6.09M-3.64M
OperatingCashFlow-14.43M-21.66M-28.23M-14.01M
CashFlowFromContinuingOperatingActivities-14.43M-21.66M-28.23M-14.01M
ChangeInWorkingCapital-4.38M2.65M-3.56M641.90K
ChangeInOtherCurrentAssets1.05K-49.0052.68K-135.86K
ChangeInPayablesAndAccruedExpense-1.81M1.61M-3.25M2.43M
ChangeInPrepaidAssets-1.35M1.10M-22.19K280.92K
ChangeInInventory500.47K183.27K945.35K-2.35M
ChangeInReceivables-1.72M-245.62K-1.29M420.58K
ChangesInAccountReceivables-1.29M420.58K
OtherNonCashItems492.15K42.86K
StockBasedCompensation3.76M4.16M3.80M6.20M
AssetImpairmentCharge448.90K670.12K627.25K-512.00
DepreciationAmortizationDepletion1.74M2.02M1.13M1.13M
DepreciationAndAmortization1.74M2.02M1.13M1.13M
Depreciation1.74M2.02M1.13M1.13M
OperatingGainsLosses4.22M-1.95M2.58M2.58M
NetForeignCurrencyExchangeGainLoss4.22M-1.95M2.45M2.58M
GainLossOnSaleOfPPE0.00132.30K0.00
NetIncomeFromContinuingOperations-20.72M-29.25M-32.81M-24.56M
SEC Filings

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

Public Trades for CTSO
Date User Asset Broker Type Position Size Entry Price Patterns