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Sanara MedTech Inc. SMTI Accounts Payable

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Other financials

Income statement

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Revenue$27.8M+18.6%
Gross profit$25.9M+19.8%
Operating income$2.6M+221%
Net income$459.0K+113%
EPS (diluted)$0.05+112%

Balance sheet

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Cash & equivalents$13.6M-34.3%
Total debt$48.4M+8.2%
Total equity$7.0M-80.8%
Total assets$69.3M-28.1%

Cash flow

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Operating cash flow-$2.5M-23.3%
CapEx$43.8K-97.5%
Free cash flow-$2.5M+32.6%

Valuation

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Market cap$216.18M-9.7%
Enterprise value$250.95M-6.5%
P/S-0.5×

Profitability

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Gross margin92.9%+1.8pp
Operating margin6.1%+5.1pp
Net margin-31.2%-93.4pp
FCF margin-9.8%-3.5pp

Returns & leverage

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Return on equity-153.7%-199pp
Debt / equity6.9×+5.7×
Current ratio2.3×-0.5×

Where this comes from

Reported directly by Sanara MedTech Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Sanara MedTech Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sanara MedTech Inc.'s accounts payable?
Sanara MedTech Inc. (SMTI) reported accounts payable of -$1.43M in Q1 2026.
How has Sanara MedTech Inc.'s accounts payable changed year-over-year?
Sanara MedTech Inc.'s accounts payable decreased by 340.6% year-over-year, from $595.84K to -$1.43M.
What is the long-term trend for Sanara MedTech Inc.'s accounts payable?
Over 4 years (2020 to 2025), Sanara MedTech Inc.'s accounts payable has grown at a 44.2% compound annual growth rate (CAGR), from $271.25K to $1.17M.
What does accounts payable mean?
Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.