icad inc. Accrued Expenses

Accrued Expenses of ICAD for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.

Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2020 was $4.68 Million (a -7.98% decrease compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses decreased by -29.0%
  • Annual Accrued Expenses for 2019 was $6.59 Million (a 30.24% increase from previous year)
  • Annual Accrued Expenses for 2018 was $5.06 Million (a 13.07% increase from previous year)
  • Annual Accrued Expenses for 2017 was $4.48 Million (a -10.28% decrease from previous year)
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Historical Accrued Expenses of icad inc.

Most recent Accrued Expensesof ICAD including historical data for past 10 years.

Interactive Chart of Accrued Expenses of icad inc.

icad inc. Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $4.68 $5.09 $6.1
2019 $6.59 $6.38 $5.02 $5.42 $6.59
2018 $5.06 $3.77 $3.31 $4.69 $5.06
2017 $4.48 $4.94 $4.49 $5.03 $4.48
2016 $4.99 $4.83 $4.03 $3.31 $4.99
2015 $4.22 $4.14 $4.24 $4.46 $4.22
2014 $5.55 $5.62 $4.25 $3.37 $5.55
2013 $3.8 $3.52 $2.83 $2.93 $3.8
2012 $4.14 $3.67 $3.64 $3.5 $4.14
2011 $5.52 $4.52 $4.99 $4.14 $5.52
2010 $5.52 $2.7 $2.71 $1.97 $5.52

Business Profile of icad inc.

Sector: Healthcare
Industry: Health Information Services
iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. It operates through two segments, Cancer Detection and Cancer Therapy. The company offers PowerLook platform, which hosts the AI algorithm solutions and manages the communications between imaging acquisition systems, and image storage and review systems; SecondLook, a machine learning-based cancer detection algorithm that analyzes 2D full-field digital mammography images to identify and mark suspicious masses and calcifications; and automated density assessment solutions, which offers automated, consistent, and standardized reporting tool used for mammogram. It also provides ProFound AI, a deep-learning algorithm designed to detect malignant soft-tissue densities and calcifications in digital breast tomosynthesis; ProFound Panorama, a prototype software product for determining risk factors in interval cancers; and magnetic resonance imaging applications, a tool to detect breast and prostate cancer. In addition, the company offers VeraLook, a solution designed to support the detection of colonic polyps in conjunction with CT Colonography. Further, it provides Xoft Axxent electronic brachytherapy systems for the treatment of early stage breast, non-melanoma skin, and gynecological cancers to university research and community hospitals, cancer care clinics, veterinary facilities, and dermatology offices. It serves healthcare centers through direct sales organizations, as well as through various original equipment manufacturer partners, distributors, and resellers. The company also exports its products in Europe, Taiwan, Canada, China, and internationally. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was founded in 1984 and is headquartered in Nashua, New Hampshire.