Microcap Ledger

Tickers · $CVRX

CVRx, Inc. $CVRX

By Microcap Ledger desk · CIK 0001235912

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Select Market
Sector
Surgical & Medical Instruments & Apparatus
Headquarters
Minneapolis, MN
Fiscal year end
December 31
Shares outstanding
26,641,597 [10-Q 2026-08-06]
as of 2026-07-30

Sources: [10-K 2026-02-13]

What the company doesAI summary of filing

CVRx is a commercial-stage medical device company that develops and sells Barostim, an implantable neuromodulation device for treating heart failure with reduced ejection fraction (HFrEF). Barostim delivers electrical pulses to baroreceptors in the carotid artery to counteract autonomic nervous system imbalance that contributes to heart failure progression. The company sells primarily to hospitals in the U.S. and select European countries through direct sales and distributors, generating revenue of $56.7 million in 2025 with an 85% gross margin, though it reported a net loss of $53.3 million. Barostim received FDA approval in 2019 and expanded labeling approval in 2023 based on clinical trial data demonstrating symptomatic improvements in exercise capacity, quality of life, and functional status for eligible HFrEF patients. [10-K 2026-02-13]

Segments: Barostim (neuromodulation device for HFrEF)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$30.47M−$27.16M −$20.99M$64.59M[10-Q 2026-08-06]
FY ended Dec 2025$56.65M−$53.31M −$40.17M$75.71M[10-K 2026-02-13]
FY ended Dec 2024$51.29M−$59.97M −$39.14M$105.93M[10-K 2026-02-13]
Quarterly cash burn
−$10.49M
Cash runway Estimate
~18.5 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-2524,263,663[10-Q 2024-11-01]
2025-02-1126,036,032[10-K 2025-02-18]
2025-05-0226,072,599[10-Q 2025-05-09]
2025-07-2926,151,724[10-Q 2025-08-05]
2025-10-3026,210,109[10-Q 2025-11-06]
2026-02-0626,311,607[10-K 2026-02-13]
2026-05-0526,535,944[10-Q 2026-05-12]
2026-07-3026,641,597[10-Q 2026-08-06]
Shelf registration
S-3 filed 2025-11-06; declared effective 2025-12-15 [S-3 2025-11-06]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-08-13Binkowski Brentbuy26,223$2.91[4 2026-08-13]
2026-08-12Binkowski Brentsell1,309$2.55[4 2026-08-13]
2026-06-01Nielsen Kirk G.grant8,720—[4 2026-06-03]
2026-06-01Jain Mudit K.grant8,720—[4 2026-06-03]
2026-06-01Slattery Joseph Pgrant8,720—[4 2026-06-03]
2026-06-01Hill, Mitch C.grant8,720—[4 2026-06-03]
2026-06-01Ballinger Kevin J.grant8,720—[4 2026-06-03]
2026-06-01Shadan Marthagrant8,720—[4 2026-06-03]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-10-0213D/ABeneficial ownership report (5%+ holder)
2026-09-218-KDirector or officer change
2026-08-2413DBeneficial ownership report (5%+ holder)
2026-08-1413GBeneficial ownership report (5%+ holder)
2026-08-118-KDirector or officer change
2026-08-0610-QQuarterly report
2026-08-068-KResults of operations
2026-06-098-KDirector or officer change
2026-06-038-KShareholder vote results
2026-05-1210-QQuarterly report
2026-05-118-KResults of operations
2026-04-20DEF 14AProxy statement

Facts as of . Small caps move fast; check the latest filings.