Psychemedics (PMD)

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)	1.41 mm	1.41 mm	1.41 mm	1.41 mm		1.41 mm
Cash burn (monthly)	5.33 k	86.67 k	202.00 k	263.42 k		64.08 k
Cash used (since last report)	14.89 k	242.00 k	564.05 k	735.54 k		178.94 k
Cash remaining	1.39 mm	1.16 mm	840.95 k	669.46 k		1.23 mm
Runway (months of cash)	260.6	13.4	4.2	2.5		19.1

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

PMD institutional ownership history Ownership history

0.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	26	-88.5%
Opened positions	0	5	EXIT
Closed positions	23	1	+2200.0%
Increased positions	0	3	EXIT
Reduced positions	1	10	-90.0%

13F shares	Current	Prev Q	Change
Total value	49.39 mm	2.70 bn	-98.2%
Total shares	46.49 k	1.21 mm	-96.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Kamin Peter H	25.18 k	$163.00 k	0.0%
Dimensional Fund Advisors	21.06 k	$48.65 mm	-7.2%
Caldwell Sutter Capital	250.00	$578.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Bought/sold	Change
22NW	-274.42 k	EXIT
Renaissance Technologies	-256.96 k	EXIT
Vanguard	-251.28 k	EXIT
RBF Capital	-142.14 k	EXIT
BLK BlackRock	-71.02 k	EXIT
Wedbush Securities	-50.34 k	EXIT
Geode Capital Management	-37.21 k	EXIT
Santa Monica Partners	-20.00 k	EXIT
NTRS Northern Trust	-15.24 k	EXIT
Citadel Advisors	-12.64 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

PMD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	1.87	9,850	18.42 k	614,406
17 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	1.87	9,850	18.42 k	369,850
16 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	1.97	30,000	59.10 k	604,556
16 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	1.97	30,000	59.10 k	360,000
13 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	1.88	80,000	150.40 k	574,556
12 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	2.67	75,000	200.25 k	494,556
11 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	2.71	4,518	12.24 k	419,556
10 Dec 24	Kamin Peter H	Common Stock, $0.005 Par Value	Sell	Dispose S	Yes	No	2.35	320,708	753.66 k	1,499,710
10 Dec 24	Powell Anderson Capital Partners	Common Stock	Buy	Acquire P	Yes	No	2.59	7,473	19.36 k	415,038
3 Dec 24	Kamin Peter H	Common Stock, $0.005 Par Value	Buy	Acquire P	Yes	No	2.35	1,409,712	3.31 mm	1,820,418

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

Press releases

From Benzinga Pro

Psychemedics Corporation Announces Reverse and Forward Stock Split

2 Dec 24

DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Psychemedics Corporation (NASDAQ:PMD) (the "Company"), the world's leading provider of hair testing for drugs of abuse, today announced that, following the approval of the

Psychemedics Corporation Reports Third Quarter 2024 Financial Results

12 Nov 24

DALLAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Psychemedics Corporation (NASDAQ:PMD), the world's leading provider of hair testing for drugs of abuse, today announced financial results for the third quarter ending September