sonendo®, inc. is a privately held, venture-backed company developing innovative technologies to save teeth through sound science®. sonendo’s multisonic ultracleaning™ technology is elevating the level of clean throughout endodontics and dentistry. by introducing broad spectrum acoustic technology, sonendo is helping to reduce doctors’ reliance on standard instrumentation while saving teeth¹ and changing patients’ lives. after years of research and development, sonendo’s gentlewave® system presents an entirely new way of thinking about root canal therapy. using closed-loop, multisonic ultracleaning technology, the gentlewave system reaches deep into the lateral canals and microscopic tubules of the root canal system to remove tissue, debris, biofilm and bacteria.² ³ your practice can offer unprecedented cleaning with the gentlewave system. sonendo investors include cvf, llc, dinova capital, fjord ventures, meritech capital partners, neomed management, orbimed advisors llc, seb private
Company profile
Ticker
SONX
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
DENTSPLY Sirona • Envista • ZimVie • SmileDirectClub • Biolase • Remedent • Item 9 Labs • Bruush Oral Care • Costas • Capstone Dental Pubco ...
Former names
Dentatek CORP
SEC CIK
Corporate docs
Subsidiaries
TDO Software, Inc. • Pipstek, LLC ...
IRS number
205041718
SONX stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
18 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
15 Apr 24
25-NSE
Exchange delisting
11 Apr 24
8-K
Departure of Directors or Certain Officers
10 Apr 24
8-K/A
Departure of Directors or Certain Officers
22 Mar 24
S-8
Registration of securities for employees
11 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Sonendo Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Issues Full Year 2024 Revenue Guidance
11 Mar 24
8-K
Sonendo Announces Departure of Chief Financial Officer
8 Mar 24
8-K
Sonendo Divests TDO® Software and Amends Credit Agreement
5 Mar 24
Transcripts
SONX
Earnings call transcript
2023 Q4
11 Mar 24
SONX
Earnings call transcript
2023 Q3
8 Nov 23
SONX
Earnings call transcript
2023 Q2
9 Aug 23
SONX
Earnings call transcript
2023 Q1
9 May 23
SONX
Earnings call transcript
2022 Q4
8 Mar 23
SONX
Earnings call transcript
2022 Q3
13 Nov 22
SONX
Earnings call transcript
2022 Q2
11 Aug 22
SONX
Earnings call transcript
2022 Q1
11 May 22
SONX
Earnings call transcript
2021 Q4
24 Mar 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
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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) | 12.09 mm | 12.09 mm | 12.09 mm | 12.09 mm | 12.09 mm | 12.09 mm |
Cash burn (monthly) | 159.00 k | 4.70 mm | 5.66 mm | 5.40 mm | 3.41 mm | 4.23 mm |
Cash used (since last report) | 1.08 mm | 32.01 mm | 38.53 mm | 36.76 mm | 23.18 mm | 28.82 mm |
Cash remaining | 11.01 mm | -19.92 mm | -26.44 mm | -24.67 mm | -11.09 mm | -16.73 mm |
Runway (months of cash) | 69.2 | -4.2 | -4.7 | -4.6 | -3.3 | -4.0 |
Institutional ownership, Q2 2023
51.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 39 |
Opened positions | 5 |
Closed positions | 5 |
Increased positions | 8 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 42.25 bn |
Total shares | 36.11 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
ArrowMark Colorado | 5.96 mm | $8.10 bn |
Pura Vida Investments | 4.67 mm | $6.35 bn |
Blue Water Life Science Advisors | 4.64 mm | $6.32 bn |
First Light Asset Management | 4.19 mm | $5.69 bn |
Driehaus Capital Management | 3.84 mm | $5.23 bn |
JMR Capital | 3.02 mm | $5.05 mm |
Vanguard | 2.02 mm | $2.75 bn |
Masters Capital Management | 1.75 mm | $2.38 bn |
Meritech Capital Partners IV | 1.47 mm | $0.00 |
HighMark Wealth Management | 697.79 k | $949.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Chris Guo | Common Stock | Sell | Dispose S | No | No | 0.082 | 481 | 39.44 | 51,506 |
26 Mar 24 | Bjarne Bergheim | Common Stock | Sell | Dispose S | No | No | 0.1043 | 11,493 | 1.20 k | 1,934,139 |
26 Mar 24 | Roy T Chen | Common Stock | Sell | Dispose S | No | No | 0.1043 | 2,625 | 273.79 | 243,061 |
15 Mar 24 | Pudipeddi Vamsi Mohan Raj | Common Stock | Buy | Acquire P | No | No | 0.1 | 800,000 | 80.00 k | 1,874,498 |