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Envoy Medical (Envoy Medical) Ending Cash Position : $4.95 Mil (As of Mar. 2024)


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What is Envoy Medical Ending Cash Position?

Envoy Medical's Ending Cash Position for the quarter that ended in Mar. 2024 was $4.95 Mil.

Envoy Medical's quarterly Ending Cash Position declined from Sep. 2023 ($16.84 Mil) to Dec. 2023 ($4.22 Mil) but then increased from Dec. 2023 ($4.22 Mil) to Mar. 2024 ($4.95 Mil).

Envoy Medical's annual Ending Cash Position declined from Dec. 2021 ($1.12 Mil) to Dec. 2022 ($0.18 Mil) but then increased from Dec. 2022 ($0.18 Mil) to Dec. 2023 ($4.22 Mil).


Envoy Medical Ending Cash Position Historical Data

The historical data trend for Envoy Medical's Ending Cash Position 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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Envoy Medical Ending Cash Position Chart

Envoy Medical Annual Data
Trend Dec21 Dec22 Dec23
Ending Cash Position
1.12 0.18 4.22

Envoy Medical Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only 1.11 0.07 16.84 4.22 4.95

Envoy Medical Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Envoy Medical's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.183+4.035
=4.22

Envoy Medical's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=4.218+0.727
=4.95


Envoy Medical Ending Cash Position Related Terms

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Envoy Medical (Envoy Medical) Business Description

Traded in Other Exchanges
N/A
Address
4875 White Bear Parkway, White Bear Lake, MN, USA, 55110
Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.