IRIDEX (IRIX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.86 mm	3.86 mm	3.86 mm	3.86 mm	3.86 mm	3.86 mm
Cash burn (monthly)	83.67 k	343.42 k	638.67 k	923.58 k	1.02 mm	585.50 k
Cash used (since last report)	426.93 k	1.75 mm	3.26 mm	4.71 mm	5.23 mm	2.99 mm
Cash remaining	3.43 mm	2.11 mm	601.03 k	-852.83 k	-1.37 mm	872.33 k
Runway (months of cash)	41.0	6.1	0.9	-0.9	-1.3	1.5

Beta Read what these cash burn values mean

Financial data from IRIDEX earnings reports.

Institutional ownership, Q3 2024

IRIX institutional ownership history Ownership history

39.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	22	34	-35.3%
Opened positions	1	2	-50.0%
Closed positions	13	3	+333.3%
Increased positions	3	8	-62.5%
Reduced positions	3	7	-57.1%

13F shares	Current	Prev Q	Change
Total value	3.62 bn	7.00 bn	-48.2%
Total shares	6.56 mm	7.78 mm	-15.7%
Total puts	0.00	61.30 k	EXIT
Total calls	0.00	500.00	EXIT
Total put/call ratio	–	122.6	–

Largest owners	Shares	Value	Change
Topcon America	1.62 mm	$11.81 mm	0.0%
Roland Brent Alexander	882.00 k	$2.32 mm	0.0%
North Tide Capital	760.07 k	$1.91 mm	0.0%
Wyers Point Master	744.30 k	$1.26 mm	0.0%
Vanguard	561.10 k	$981.92 mm	0.0%
AMH Equity	501.12 k	$876.96 mm	+8.8%
BlueLine Capital Partners	493.67 k	$3.79 mm	0.0%
Renaissance Technologies	397.36 k	$695.38 mm	-1.9%
Geode Capital Management	131.17 k	$229.61 mm	+1.6%
ARS Investment Partners	113.57 k	$198.74 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Paragon Associates & Paragon Associates Ii Joint Venture	0.00	-1.00 mm	EXIT
Bridgeway Capital Management	0.00	-77.10 k	EXIT
Susquehanna International	0.00	-60.86 k	EXIT
BlackRock	57.13 k	+57.13 k	NEW
BLK BlackRock	0.00	-56.48 k	EXIT
STT State Street	0.00	-44.72 k	EXIT
Citadel Advisors	0.00	-41.36 k	EXIT
AMH Equity	501.12 k	+40.32 k	+8.8%
HighTower Advisors	0.00	-10.00 k	EXIT
UBS UBS	0.00	-9.64 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IRIX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
7 Nov 24	Patrick Mercer	Common Stock	Grant	Acquire A	No	No	0	200,000	0.00	393,244
4 Jul 24	Bruce David	Common Stock	Payment of exercise	Dispose F	No	No	2.07	4,788	9.91 k	126,480
4 Jul 24	Patrick Mercer	Common Stock	Payment of exercise	Dispose F	No	No	2.07	2,073	4.29 k	193,244
30 Jun 24	Patrick Mercer	Common Stock	Payment of exercise	Dispose F	No	No	2.16	4,123	8.91 k	195,317
30 Jun 24	Bruce David	Common Stock	Payment of exercise	Dispose F	No	No	2.16	7,098	15.33 k	131,268

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Iridex Announces Preliminary Operational and Financial Results for Fourth Quarter and Full Year 2024

14 Jan 25

MOUNTAIN VIEW, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Iridex Corporation (NASDAQ:IRIX), a worldwide leader providing innovative and versatile laser-based medical systems and delivery devices for the treatment of

Iridex Announces Milestone Five-Year Study Confirms the Long-Term Effectiveness and Safety of MicroPulse Transscleral Cyclophotocoagulation for Glaucoma Management

18 Dec 24

MOUNTAIN VIEW, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Iridex Corporation (NASDAQ:IRIX), a worldwide leader providing innovative and versatile laser-based medical systems and delivery devices for the treatment of