ontrak, inc. operates as an artificial intelligence powered, virtualized outpatient healthcare treatment company that provides in-person or telehealth intervention services to health plans and other third-party payors. its ontrak pre (predict-recommend-engage) platform predicts people whose chronic disease will improve with behavior change, recommends care pathways that people are willing to follow, and engages people who aren't getting the care they need. the company's technology-enabled, ontrak, program is designed to treat health plan members with unaddressed behavioral health conditions that cause or exacerbate chronic medical diseases, such as diabetes, hypertension, coronary artery disease, copd, and congestive heart failure. the ontrak integrates evidence-based psychosocial and medical interventions delivered in-person or via telehealth along with care coaching and in-market community care coordinators who address the social and environmental determinants of health. the company
![Ontrak logo](/files/LOGO/1136174-OTRK.png)
Company profile
Ticker
OTRK
Exchange
Website
CEO
Terren Peizer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALASKA FREIGHTWAYS INC, CATASYS, INC., HYTHIAM INC, HYTHIAM, INC.
SEC CIK
Corporate docs
Subsidiaries
LD Acquisition Holdings, Inc. • LifeDojo Inc. ...
IRS number
880464853
OTRK stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
19 Jul 24
8-K
Other Events
21 May 24
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
Ontrak Health Announces 2024 First Quarter Financial Results
14 May 24
DEF 14C
Information statement
13 May 24
424B5
Prospectus supplement for primary offering
2 May 24
PRE 14C
Preliminary information
1 May 24
EFFECT
Notice of effectiveness
1 May 24
S-1
IPO registration
19 Apr 24
S-8
Registration of securities for employees
19 Apr 24
Transcripts
OTRK
Earnings call transcript
2024 Q1
14 May 24
OTRK
Earnings call transcript
2023 Q4
16 Apr 24
OTRK
Earnings call transcript
2023 Q3
14 Nov 23
OTRK
Earnings call transcript
2023 Q2
9 Aug 23
OTRK
Earnings call transcript
2023 Q2
9 Aug 23
OTRK
Earnings call transcript
2023 Q1
10 May 23
OTRK
Earnings call transcript
2022 Q4
15 Mar 23
OTRK
Earnings call transcript
2022 Q3
10 Nov 22
OTRK
Earnings call transcript
2022 Q2
10 Aug 22
OTRK
Earnings call transcript
2022 Q1
11 May 22
Latest ownership filings
4
James J Park
11 Jul 24
SC 13D/A
Acuitas Group Holdings, LLC
25 Jun 24
4
TERREN S PEIZER
5 Jun 24
SC 13D/A
Acuitas Group Holdings, LLC
5 Jun 24
SC 13D/A
Acuitas Group Holdings, LLC
10 Apr 24
4
TERREN S PEIZER
10 Apr 24
SC 13D/A
Acuitas Group Holdings, LLC
1 Apr 24
SC 13G
ARMISTICE CAPITAL, LLC
14 Feb 24
4
Michael Edward Sherman
4 Jan 24
4
Richard A Berman
4 Jan 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
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) | 6.40 mm | 6.40 mm | 6.40 mm | 6.40 mm | 6.40 mm | 6.40 mm |
Cash burn (monthly) | 1.10 mm | 472.83 k | 1.49 mm | 2.01 mm | 1.09 mm | 1.15 mm |
Cash used (since last report) | 4.25 mm | 1.83 mm | 5.75 mm | 7.77 mm | 4.20 mm | 4.45 mm |
Cash remaining | 2.15 mm | 4.57 mm | 654.45 k | -1.37 mm | 2.20 mm | 1.95 mm |
Runway (months of cash) | 1.9 | 9.7 | 0.4 | -0.7 | 2.0 | 1.7 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 127.56 mm |
Total shares | 91.20 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Acuitas | 82.08 mm | $33.05 mm |
Peizer Terren S | 9.11 mm | $94.51 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 24 | James J Park | Common Stock | Payment of exercise | Dispose F | No | No | 0.2484 | 27 | 6.71 | 662 |
14 Jun 24 | James J Park | Common Stock | Option exercise | Acquire M | No | No | 0 | 66 | 0.00 | 689 |
14 Jun 24 | James J Park | RSU Ontrak, Inc. Common Stock | Option exercise | Dispose M | No | No | 0.2484 | 66 | 16.39 | 134 |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Other | Acquire J | Yes | No | 0.3442 | 47,208,924 | 16.25 mm | 47,208,924 |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Dispose H | Yes | No | 0.6 | 27,082,186 | 16.25 mm | 0 | |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Other | Acquire J | Yes | No | 0.3442 | 3,971,853 | 1.37 mm | 3,971,853 |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Dispose H | Yes | No | 0.9228 | 1,481,482 | 1.37 mm | 0 | |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Other | Acquire J | Yes | No | 0.3442 | 3,971,853 | 1.37 mm | 3,971,853 |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Dispose H | Yes | No | 0.9228 | 1,481,482 | 1.37 mm | 0 | |
5 Jun 24 | Peizer Terren S | Common Stock Purchase Warrant Common Stock | Other | Acquire J | Yes | No | 0.3442 | 5,957,779 | 2.05 mm | 5,957,779 |
News
Ontrak Health Adopts Comprehensive Healthcare Integration Framework To Enhance Care Delivery
16 Jul 24
12 Health Care Stocks Moving In Friday's After-Market Session
14 Jun 24
12 Health Care Stocks Moving In Thursday's Pre-Market Session
16 May 24
Ontrak Q1 2024 Adj EPS $(0.10) Beats $(0.19) Estimate, Sales $2.68M Miss $2.70M Estimate
14 May 24
12 Health Care Stocks Moving In Monday's After-Market Session
6 May 24
Press releases
Ontrak Health Finalizes Study Results for Prominent Health Plan's Medicaid Members with WholeHealth+ Program
25 Jul 24
Ontrak Health Adopts Comprehensive Healthcare Integration (CHI) Framework to Enhance Care Delivery
16 Jul 24
Ontrak Launches Groundbreaking Mental Health Digital Twin Technology, Revolutionizing Precision Mental Healthcare Delivery
23 May 24
Ontrak Health Announces 2024 First Quarter Financial Results
14 May 24
Ontrak Health Announces New Health Plan Customer Providing Behavioral Healthcare Solutions
13 May 24