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KORU Medical Systems KRMD Noncash Lease Adjustments

Noncash Lease Adjustments at other companies

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Other financials

Income statement

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Revenue$11.8M+22.1%
Gross profit$7.2M+19.6%
Operating income-$864.9K+30.5%
Net income-$807.1K+30.8%
EPS (diluted)-$0.02+33.3%

Balance sheet

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Cash & equivalents$8.8M+0.4%
Total debt$3.5M-2.8%
Total equity$16.9M+3.5%
Total assets$28.6M+5.1%

Cash flow

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Operating cash flow$14.7K+106%
CapEx$46.2K-89.6%
Free cash flow-$31.5K+95.4%

Valuation

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Market cap$206.24M+24.9%
Enterprise value$200.96M+25.1%
P/S4.8×+0.3×

Profitability

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Gross margin61.9%-1.6pp
Operating margin-6%-2.3pp
Net margin-5.3%-2.1pp
FCF margin-37.1%+23.7pp

Returns & leverage

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Return on equity-13.7%-4.8pp
Debt / equity0.2×0.0×
Current ratio2.3×-0.1×

Where this comes from

Reported directly by KORU Medical Systems in its filing.

Tagged under the XBRL concept krmd:NoncashLeaseAdjustments.

The official record: KORU Medical Systems’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KORU Medical Systems's noncash lease adjustments?
KORU Medical Systems (KRMD) reported noncash lease adjustments of -$979 in Q1 2026.
How has KORU Medical Systems's noncash lease adjustments changed year-over-year?
KORU Medical Systems's noncash lease adjustments increased by 96.0% year-over-year, from -$24.46K to -$979.
What does noncash lease adjustments mean?
This metric represents the non-cash impact of lease accounting adjustments on operating cash flow, typically reflecting the difference between lease expense and actual cash payments. It helps investors reconcile net income with cash generated from operations by isolating the accounting effects of right-of-use assets and lease liabilities. Monitoring this adjustment is essential for understanding the underlying cash-generating efficiency of the company's core business activities.