Sintx Technologies, Inc.
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a SINT research report →
Price Chart
About the company
Sintx Technologies, Inc. is an advanced materials enterprise dedicated to researching, developing, and commercializing medical devices crafted from silicon nitride. These innovative products serve biomedical, industrial, and antipathogenic uses, primarily marketed across the United States.
- CEO
- Eric K. Olson
- IPO
- 2014
- Employees
- 32
- HQ
- Salt Lake City, UT, US
Get TickerSpark's AI analysis on SINT
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $9.60M
- P/E
- -0.28
- Fwd P/E
- 1.50
- PEG
- -0.00
- P/S
- 6.95
- P/B
- 1.52
- EV/EBITDA
- -0.85
- Div Yield
- 0.00%
- Gross Margin
- -4.63%
- Op Margin
- -852.14%
- Net Margin
- -1303.40%
- ROE
- -565.55%
- ROIC
- -149.36%
Latest fiscal year · YoY change
- Revenue
- $1.02M-18.3%
- Gross Profit
- $-201,000-146.2%
- Op Income
- $-10,721,000
- Net Income
- $-17,083,000-55.0%
- EPS
- $-6.16+58.6%
- OCF Growth
- +0.8%
- FCF Growth
- +6.1%
- 52W High
- $6.78
- 52W Low
- $1.40
- 50D MA
- $1.76
- 200D MA
- $2.70
- Beta
- 0.64
- RSI (14)
- 41
- Avg Volume
- 116.95K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
SINTX reported a sharp revenue jump and margin improvement in Q2, but losses and liquidity risk remained material as the company leaned into commercialization and raised additional capital.· August 11, 2026
- Q2 revenue rose 199% year over year to $452,000, with product revenue up 347% to $447,000.
- Gross profit increased 388% to $278,000 and gross margin improved to 61.5% from 37.7%.
- Management said commercial activity is starting to show up, driven by OEM demand and early SiNAPTIC wedge sales.
- The company still posted a $2.7 million net loss in Q2 and ended with $3.6 million in cash, while continuing to disclose going-concern risk.
- Management raised about $5 million in gross proceeds from a June private placement and ATM sales and gave Q3/Q4 revenue guidance of $900,000-$1.1 million and $1 million-$1.3 million, respectively.
For Q2 2026, revenue was $452,000 versus $151,000 a year ago, up 199%; product revenue was $447,000 versus $100,000, up 347%; grant and contract revenue was $5,000 versus $51,000. Gross profit was $278,000 versus $57,000, and gross margin was 61.5% versus 37.7% last year. Net loss was $2.7 million, compared with $2.3 million in the prior-year quarter. For the first half of 2026, revenue was $832,000, product revenue was $747,000, gross profit was $422,000, and net loss was $5.5 million. Management expects Q3 2026 revenue of about $900,000 to $1.1 million and Q4 2026 revenue of about $1 million to $1.3 million.
Eric Olson framed the quarter as evidence that SINTX is moving from a development company toward a commercially focused biomaterials and medical technology platform. He emphasized three priorities: convert contract manufacturing demand into recognized revenue, build a disciplined commercial path for the SiNAPTIC Foot & Ankle Osteotomy Wedge System, and pursue licensing or strategic partnerships where SINTX does not need to build every capability internally. His tone was cautiously optimistic but grounded, repeatedly stressing that execution, cash discipline, and repeatable commercialization are now the standard.
Kevin Trask highlighted the hard numbers: Q2 revenue of $452,000, gross margin of 61.5%, operating expenses of $3.2 million, and net loss of $2.7 million. He said the gross margin improvement reflected higher-margin sales, favorable mix, and better pricing on certain OEM products, but warned margin can vary by product mix and timing. On liquidity, he said cash and equivalents were $3.6 million at June 30, 2026, inventory was $2.3 million, operating cash use was $5.3 million in the first half, financing provided $4.8 million, and the company expects to continue seeking equity and/or debt funding.
There was no live analyst Q&A in the transcript, so no specific external questions or follow-ups were asked. Management nonetheless addressed likely investor concerns by emphasizing that announced purchase orders are not the same as recognized revenue, that shipment timing can vary, and that the company still faces significant liquidity risk. They also cautioned that the new margin profile may not repeat each quarter and that future revenue depends on production, shipment timing, customer scheduling, and revenue recognition.
The bull case from this call is that revenue is finally starting to scale from a very low base, with both OEM and medical-device commercialization contributing. Management also pointed to more than $3.2 million of purchase orders, early SiNAPTIC wedge adoption, and a sharper commercial focus that could support repeat business and partnership opportunities.
The main bear case is that SINTX is still small, loss-making, and dependent on uncertain timing of production, shipments, and revenue recognition. The company disclosed going-concern risk, had only $3.6 million in cash at quarter end, and said it will likely continue seeking additional financing, while margin and revenue momentum may not be steady from quarter to quarter.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 84.1%
- Shares Outstanding
- 6.36M
- Float Shares
- 5.35M
of shares held by institutions
19 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 44.44K | ▲ 14.01K |
Held by 4 ETFs
Biggest fund positions in SINT by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Apr 13, 26 | Elmore Robert Ryan | other | 4,910 |
| Mar 16, 26 | Elmore Robert Ryan | other | 107,143 |
| Mar 2, 26 | Lyons Christopher Michael | buy | 7,534 |
| Feb 25, 26 | Lyons Christopher Michael | buy | 758 |
| Feb 23, 26 | MOYES JAY M | buy | 1,000 |
| Feb 18, 26 | Anderson Mark Lewis | buy | 3,000 |
| Feb 6, 26 | Trask Kevin | other | 60,000 |
| Feb 6, 26 | Olson Eric K. | other | 100,000 |
| Feb 6, 26 | Honigblum Gregg R. | other | 75,000 |
| Dec 8, 25 | Honigblum Gregg R. | buy | 5,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our SINT coverage
Recent articles, reports, and earnings notes.
No research on SINT yet
For a full analyst-grade research report — grades, price targets, financials, chart analysis — generate one on demand.
Generate SINT report →SINTX TECHNOLOGIES (SINT) Moves to Buy: Rationale Behind the Upgrade
zacks.com · Aug 19
SINTX Technologies Regains Compliance with Nasdaq Stockholders' Equity Requirement
globenewswire.com · Aug 13
Sintx Technologies, Inc. (SINT) Q2 2026 Earnings Call Prepared Remarks Transcript
seekingalpha.com · Aug 11
SINTX Technologies Provides Mid-Year 2026 Business Update Highlighting Commercial Execution, Biomaterial Platform Expansion and Strategic Growth Initiatives
globenewswire.com · Aug 11
SINTX Technologies Announces Second Quarter 2026 Earnings Release Date and Webcast
globenewswire.com · Jul 28
SINTX Technologies Engages Veteran MedTech Executive Chris Lyons and Southern Metrics to Establish Strategic Opportunity Management Program
globenewswire.com · Jul 23
SINTX Technologies Announces Receipt of More Than $3.2 Million in Contract Manufacturing Purchase Orders
globenewswire.com · Jun 22
SINTX Technologies Announces Raise of Approximately $5.0 Million of Capital, Including a $4.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules
globenewswire.com · Jun 3
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.