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Side-by-side financial comparison of Apyx Medical Corp (APYX) and ASP Isotopes Inc. (ASPI). Click either name above to swap in a different company.

Apyx Medical Corp is the larger business by last-quarter revenue ($19.2M vs $16.7M, roughly 1.2× ASP Isotopes Inc.). On growth, ASP Isotopes Inc. posted the faster year-over-year revenue change (1295.7% vs 34.7%). Apyx Medical Corp produced more free cash flow last quarter ($-2.8M vs $-47.4M).

Bovie Medical Corporation was an American medical device manufacturer of medical devices, electrosurgical products and energy technologies. It was based in Clearwater, Florida with a manufacturing facility in Bulgaria.

ASP Isotopes Inc. is a specialty materials firm focused on developing and producing high-purity custom isotopes. Its products serve key sectors including nuclear medicine, targeted cancer therapies, advanced energy, and industrial research, with customers across North America, Europe and Asia Pacific.

APYX vs ASPI — Head-to-Head

Bigger by revenue
APYX
APYX
1.2× larger
APYX
$19.2M
$16.7M
ASPI
Growing faster (revenue YoY)
ASPI
ASPI
+1260.9% gap
ASPI
1295.7%
34.7%
APYX
More free cash flow
APYX
APYX
$44.6M more FCF
APYX
$-2.8M
$-47.4M
ASPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APYX
APYX
ASPI
ASPI
Revenue
$19.2M
$16.7M
Net Profit
$-1.3M
Gross Margin
62.6%
12.5%
Operating Margin
0.1%
Net Margin
-6.8%
Revenue YoY
34.7%
1295.7%
Net Profit YoY
71.9%
-586.8%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APYX
APYX
ASPI
ASPI
Q4 25
$19.2M
$16.7M
Q3 25
$12.9M
$4.9M
Q2 25
$11.4M
Q1 25
$9.4M
Q4 24
$14.2M
Q3 24
$11.5M
Q2 24
$12.1M
Q1 24
$10.2M
Net Profit
APYX
APYX
ASPI
ASPI
Q4 25
$-1.3M
Q3 25
$-2.0M
$-12.9M
Q2 25
$-3.8M
Q1 25
$-4.2M
Q4 24
$-4.6M
Q3 24
$-4.7M
Q2 24
$-6.6M
Q1 24
$-7.6M
Gross Margin
APYX
APYX
ASPI
ASPI
Q4 25
62.6%
12.5%
Q3 25
64.4%
8.7%
Q2 25
62.3%
Q1 25
60.1%
Q4 24
63.0%
Q3 24
60.5%
Q2 24
61.7%
Q1 24
58.1%
Operating Margin
APYX
APYX
ASPI
ASPI
Q4 25
0.1%
Q3 25
-6.5%
-306.1%
Q2 25
-22.6%
Q1 25
-32.4%
Q4 24
-21.4%
Q3 24
-31.6%
Q2 24
-45.7%
Q1 24
-64.6%
Net Margin
APYX
APYX
ASPI
ASPI
Q4 25
-6.8%
Q3 25
-15.4%
-263.7%
Q2 25
-33.2%
Q1 25
-44.0%
Q4 24
-32.5%
Q3 24
-40.9%
Q2 24
-54.0%
Q1 24
-74.0%
EPS (diluted)
APYX
APYX
ASPI
ASPI
Q4 25
Q3 25
$-0.15
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-0.19
Q1 24
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APYX
APYX
ASPI
ASPI
Cash + ST InvestmentsLiquidity on hand
$31.7M
$333.3M
Total DebtLower is stronger
$37.5M
$14.4M
Stockholders' EquityBook value
$14.5M
$204.2M
Total Assets
$66.8M
$498.0M
Debt / EquityLower = less leverage
2.58×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
ASPI
ASPI
Q4 25
$31.7M
$333.3M
Q3 25
$25.1M
$113.9M
Q2 25
$29.3M
Q1 25
$31.0M
Q4 24
$31.7M
Q3 24
$28.0M
Q2 24
$32.7M
Q1 24
$37.3M
Total Debt
APYX
APYX
ASPI
ASPI
Q4 25
$37.5M
$14.4M
Q3 25
$37.5M
$13.9M
Q2 25
$37.5M
Q1 25
$37.5M
Q4 24
$37.5M
Q3 24
$37.5M
Q2 24
Q1 24
Stockholders' Equity
APYX
APYX
ASPI
ASPI
Q4 25
$14.5M
$204.2M
Q3 25
$5.8M
$74.1M
Q2 25
$7.3M
Q1 25
$10.5M
Q4 24
$14.2M
Q3 24
$11.0M
Q2 24
$14.7M
Q1 24
$20.3M
Total Assets
APYX
APYX
ASPI
ASPI
Q4 25
$66.8M
$498.0M
Q3 25
$57.4M
$225.9M
Q2 25
$58.2M
Q1 25
$60.2M
Q4 24
$64.8M
Q3 24
$60.7M
Q2 24
$65.4M
Q1 24
$70.7M
Debt / Equity
APYX
APYX
ASPI
ASPI
Q4 25
2.58×
0.07×
Q3 25
6.41×
0.19×
Q2 25
5.17×
Q1 25
3.57×
Q4 24
2.64×
Q3 24
3.40×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APYX
APYX
ASPI
ASPI
Operating Cash FlowLast quarter
$-2.5M
$-37.8M
Free Cash FlowOCF − Capex
$-2.8M
$-47.4M
FCF MarginFCF / Revenue
-14.6%
-284.7%
Capex IntensityCapex / Revenue
1.4%
57.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APYX
APYX
ASPI
ASPI
Q4 25
$-2.5M
$-37.8M
Q3 25
$-3.5M
$-8.9M
Q2 25
$-1.2M
Q1 25
$-702.0K
Q4 24
$-2.9M
Q3 24
$-4.4M
Q2 24
$-4.3M
Q1 24
$-6.3M
Free Cash Flow
APYX
APYX
ASPI
ASPI
Q4 25
$-2.8M
$-47.4M
Q3 25
$-4.1M
$-12.0M
Q2 25
$-1.5M
Q1 25
$-757.0K
Q4 24
$-3.2M
Q3 24
$-4.6M
Q2 24
$-4.6M
Q1 24
$-6.4M
FCF Margin
APYX
APYX
ASPI
ASPI
Q4 25
-14.6%
-284.7%
Q3 25
-31.5%
-245.5%
Q2 25
-13.2%
Q1 25
-8.0%
Q4 24
-22.4%
Q3 24
-40.0%
Q2 24
-38.0%
Q1 24
-62.2%
Capex Intensity
APYX
APYX
ASPI
ASPI
Q4 25
1.4%
57.9%
Q3 25
4.0%
64.4%
Q2 25
2.3%
Q1 25
0.6%
Q4 24
1.7%
Q3 24
1.3%
Q2 24
2.4%
Q1 24
0.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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