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Neuropace, Inc. NPCE R&D credit carryforward

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Other financials

Income statement

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Revenue$22.1M-2.0%
Gross profit$18.0M+4.1%
Operating income-$5.6M-8.2%
Net income-$6.7M-1.5%
EPS (diluted)-$0.20+4.8%

Balance sheet

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Cash & equivalents$15.6M-42.4%
Total debt$70.5M-3.7%
Total equity$14.5M-40.4%
Total assets$98.9M-10.3%

Cash flow

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Operating cash flow-$5.9M+21.1%
CapEx$117.0K+216%
Free cash flow-$6.0M+20.0%

Valuation

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Market cap$557.77M+63.4%
Enterprise value$612.6M+58.1%
P/S5.6×+1.6×

Profitability

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Gross margin78.3%+3.5pp
Operating margin-16.8%-3.5pp
Net margin-21.7%-4.5pp
FCF margin-10.3%-3.5pp

Returns & leverage

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Return on equity-111.4%-13.1pp
Debt / equity4.9×+1.9×
Current ratio5.4×-1.2×

Where this comes from

Reported directly by Neuropace, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsResearch.

The official record: Neuropace, Inc.’s 10-K, filed March 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Neuropace, Inc.'s r&d credit carryforward?
Neuropace, Inc. (NPCE) reported r&d credit carryforward of $16.81M in Q4 2025.
How has Neuropace, Inc.'s r&d credit carryforward changed year-over-year?
Neuropace, Inc.'s r&d credit carryforward increased by 12.8% year-over-year, from $14.9M to $16.81M.
What is the long-term trend for Neuropace, Inc.'s r&d credit carryforward?
Over 5 years (2020 to 2025), Neuropace, Inc.'s r&d credit carryforward has grown at a 10.2% compound annual growth rate (CAGR), from $10.33M to $16.81M.
What does r&d credit carryforward mean?
This metric quantifies the value of research and development tax credits that have been earned but not yet utilized to offset future tax liabilities. It represents a potential future cash flow benefit for the company as it moves toward profitability. Monitoring this balance helps investors understand the company's ability to reduce future tax burdens through historical innovation investments.