EYESW (Second Sight Medical Products) Accounts Payable & Accrued Expense : $1.38 Mil (As of Jun. 2022)

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What is Second Sight Medical Products Accounts Payable & Accrued Expense?

Second Sight Medical Products's quarterly accounts payable & accrued expense increased from Dec. 2021 ($1.53 Mil) to Mar. 2022 ($1.68 Mil) but then declined from Mar. 2022 ($1.68 Mil) to Jun. 2022 ($1.38 Mil).

Second Sight Medical Products's annual accounts payable & accrued expense declined from Dec. 2019 ($3.69 Mil) to Dec. 2020 ($2.76 Mil) and declined from Dec. 2020 ($2.76 Mil) to Dec. 2021 ($1.53 Mil).

Second Sight Medical Products Accounts Payable & Accrued Expense Historical Data

The historical data trend for Second Sight Medical Products's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Second Sight Medical Products Accounts Payable & Accrued Expense Chart

Second Sight Medical Products Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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3.96

4.74

3.69

2.76

1.53

Second Sight Medical Products Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.73	2.83	1.53	1.68	1.38

Second Sight Medical Products Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Second Sight Medical Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Second Sight Medical Products Inc (NAS:EYESW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

13170 Telfair Avenue, Sylmar, CA, USA, 91342

Website

https://www.secondsight.com

Second Sight Medical Products Inc develops, manufactures, and markets implantable prosthetic devices to create an artificial form of useful vision for blind individuals. The company's product Argus II System treats outer retinal degenerations, such as Retinitis Pigmentosa, often referred to as RP. The company generates revenue from the sale of its Argus II retinal prosthesis systems, which include the implant and external components. Geographically, the company operates in the United States, Italy, China, and of which key revenue is derived from the United States.