Biocorrx Inc (PK:BICX)

Business Focus: Healthcare Facilities & Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 2390 East Orangewood Avenue, Suite 500
ANAHEIM CA 92806
Tel: N/A
Website: https://www.biocorrx.com
IR: See website
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Key People
Louis C. Lucido
President, Director
Lourdes Felix
Chief Executive Officer, Chief Financial Officer, Director
Thomas Patrick Welch
Executive Vice President
Business Overview
BioCorRx Inc., through its subsidiaries, develops and provides treatment programs for substance abuse and related disorders. Its BioCorRx Recovery Program is a non-addictive, medication-assisted treatment (MAT) program for substance abuse that includes peer recovery support. The UnCraveRx Weight Loss Management Program is a medically assisted weight management program that is combined with a virtual platform application. It is also engaged in the research and development of sustained release naltrexone products for the treatment of addiction and other possible disorders. Its products include BICX101 and BICX104. Its lead candidate, BICX101, is a sustained-release, injectable naltrexone for the treatment of opioid abuse and alcoholism. It is also developing an implantable naltrexone treatment, BICX104, a long-acting naltrexone implant that can last several months for the treatment of opioid dependence and alcohol use disorders. Its subsidiary is BioCorRx Pharmaceuticals, Inc.
Financial Overview
For the fiscal year ended 31 December 2023, Biocorrx Inc revenues decreased 58% to $89K. Net loss decreased 14% to $3.8M. Revenues reflect Project support income segment decrease of 83% to $26K, Distribution rights income segment decrease of 11% to $33K. Lower net loss reflects Research and development decrease of 39% to $891K (expense), Selling, general and administrative decrease of 16% to $2.9M (expense).
Employees: 5 as of Dec 31, 2011
Reporting Currency: U.S. Dollars
Enterprise value: $14.86M as of Dec 31, 2023
Annual revenue (TTM): $0.09M as of Dec 31, 2023
EBITDA (TTM): -$3.71M as of Dec 31, 2023
Net annual income (TTM): -$3.77M as of Dec 31, 2023
Free cash flow (TTM): -$1.85M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.61M as of Dec 31, 2023
Shares outstanding: 8,815,454 as of Mar 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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