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

Apyx Medical Corp is the larger business by last-quarter revenue ($19.2M vs $10.2M, roughly 1.9× Eightco Holdings Inc.). Apyx Medical Corp runs the higher net margin — -6.8% vs -2281.6%, a 2274.8% gap on every dollar of revenue. On growth, Apyx Medical Corp posted the faster year-over-year revenue change (34.7% vs -49.9%). Apyx Medical Corp produced more free cash flow last quarter ($-2.8M vs $-11.0M). Over the past eight quarters, Apyx Medical Corp's revenue compounded faster (36.8% CAGR vs 13.1%).

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.

APYX vs ORBS — Head-to-Head

Bigger by revenue
APYX
APYX
1.9× larger
APYX
$19.2M
$10.2M
ORBS
Growing faster (revenue YoY)
APYX
APYX
+84.6% gap
APYX
34.7%
-49.9%
ORBS
Higher net margin
APYX
APYX
2274.8% more per $
APYX
-6.8%
-2281.6%
ORBS
More free cash flow
APYX
APYX
$8.2M more FCF
APYX
$-2.8M
$-11.0M
ORBS
Faster 2-yr revenue CAGR
APYX
APYX
Annualised
APYX
36.8%
13.1%
ORBS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APYX
APYX
ORBS
ORBS
Revenue
$19.2M
$10.2M
Net Profit
$-1.3M
$-232.5M
Gross Margin
62.6%
-13.0%
Operating Margin
0.1%
-475.0%
Net Margin
-6.8%
-2281.6%
Revenue YoY
34.7%
-49.9%
Net Profit YoY
71.9%
-9183.3%
EPS (diluted)
$-2.34

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
ORBS
ORBS
Q4 25
$19.2M
$10.2M
Q3 25
$12.9M
$5.3M
Q2 25
$11.4M
$7.6M
Q1 25
$9.4M
$9.9M
Q4 24
$14.2M
$20.3M
Q3 24
$11.5M
$6.1M
Q2 24
$12.1M
$5.3M
Q1 24
$10.2M
$8.0M
Net Profit
APYX
APYX
ORBS
ORBS
Q4 25
$-1.3M
$-232.5M
Q3 25
$-2.0M
$-25.8M
Q2 25
$-3.8M
$-1.2M
Q1 25
$-4.2M
$-2.5M
Q4 24
$-4.6M
$-2.5M
Q3 24
$-4.7M
$-3.2M
Q2 24
$-6.6M
$4.4M
Q1 24
$-7.6M
$1.9M
Gross Margin
APYX
APYX
ORBS
ORBS
Q4 25
62.6%
-13.0%
Q3 25
64.4%
-3.7%
Q2 25
62.3%
16.4%
Q1 25
60.1%
8.2%
Q4 24
63.0%
8.2%
Q3 24
60.5%
26.5%
Q2 24
61.7%
25.1%
Q1 24
58.1%
17.5%
Operating Margin
APYX
APYX
ORBS
ORBS
Q4 25
0.1%
-475.0%
Q3 25
-6.5%
-116.9%
Q2 25
-22.6%
-15.9%
Q1 25
-32.4%
-14.3%
Q4 24
-21.4%
-11.9%
Q3 24
-31.6%
-29.1%
Q2 24
-45.7%
-16.4%
Q1 24
-64.6%
-39.6%
Net Margin
APYX
APYX
ORBS
ORBS
Q4 25
-6.8%
-2281.6%
Q3 25
-15.4%
-487.6%
Q2 25
-33.2%
-15.4%
Q1 25
-44.0%
-25.7%
Q4 24
-32.5%
-12.3%
Q3 24
-40.9%
-52.5%
Q2 24
-54.0%
84.2%
Q1 24
-74.0%
24.4%
EPS (diluted)
APYX
APYX
ORBS
ORBS
Q4 25
$-2.34
Q3 25
$-0.58
Q2 25
$-0.38
Q1 25
$-0.84
Q4 24
$-1.44
Q3 24
$-1.77
Q2 24
$-0.19
$2.15
Q1 24
$-0.22
$1.42

Balance Sheet & Financial Strength

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

Metric
APYX
APYX
ORBS
ORBS
Cash + ST InvestmentsLiquidity on hand
$31.7M
$58.5M
Total DebtLower is stronger
$37.5M
Stockholders' EquityBook value
$14.5M
$232.6M
Total Assets
$66.8M
$250.2M
Debt / EquityLower = less leverage
2.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
ORBS
ORBS
Q4 25
$31.7M
$58.5M
Q3 25
$25.1M
$23.7M
Q2 25
$29.3M
$696.3K
Q1 25
$31.0M
$434.4K
Q4 24
$31.7M
$239.2K
Q3 24
$28.0M
$2.4M
Q2 24
$32.7M
$363.1K
Q1 24
$37.3M
$808.8K
Total Debt
APYX
APYX
ORBS
ORBS
Q4 25
$37.5M
Q3 25
$37.5M
Q2 25
$37.5M
Q1 25
$37.5M
Q4 24
$37.5M
Q3 24
$37.5M
Q2 24
Q1 24
Stockholders' Equity
APYX
APYX
ORBS
ORBS
Q4 25
$14.5M
$232.6M
Q3 25
$5.8M
$339.2M
Q2 25
$7.3M
$8.9M
Q1 25
$10.5M
$9.7M
Q4 24
$14.2M
$11.9M
Q3 24
$11.0M
$13.0M
Q2 24
$14.7M
$13.8M
Q1 24
$20.3M
$3.9M
Total Assets
APYX
APYX
ORBS
ORBS
Q4 25
$66.8M
$250.2M
Q3 25
$57.4M
$355.5M
Q2 25
$58.2M
$48.7M
Q1 25
$60.2M
$47.6M
Q4 24
$64.8M
$50.8M
Q3 24
$60.7M
$49.2M
Q2 24
$65.4M
$48.4M
Q1 24
$70.7M
$50.2M
Debt / Equity
APYX
APYX
ORBS
ORBS
Q4 25
2.58×
Q3 25
6.41×
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
ORBS
ORBS
Operating Cash FlowLast quarter
$-2.5M
$-11.0M
Free Cash FlowOCF − Capex
$-2.8M
$-11.0M
FCF MarginFCF / Revenue
-14.6%
-107.7%
Capex IntensityCapex / Revenue
1.4%
0.0%
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
ORBS
ORBS
Q4 25
$-2.5M
$-11.0M
Q3 25
$-3.5M
$-1.6M
Q2 25
$-1.2M
$-659.2K
Q1 25
$-702.0K
$999.8K
Q4 24
$-2.9M
$-6.6M
Q3 24
$-4.4M
$77.7K
Q2 24
$-4.3M
$-440.3K
Q1 24
$-6.3M
$-723.3K
Free Cash Flow
APYX
APYX
ORBS
ORBS
Q4 25
$-2.8M
$-11.0M
Q3 25
$-4.1M
Q2 25
$-1.5M
$-661.3K
Q1 25
$-757.0K
$999.7K
Q4 24
$-3.2M
$-6.6M
Q3 24
$-4.6M
$73.0K
Q2 24
$-4.6M
Q1 24
$-6.4M
FCF Margin
APYX
APYX
ORBS
ORBS
Q4 25
-14.6%
-107.7%
Q3 25
-31.5%
Q2 25
-13.2%
-8.7%
Q1 25
-8.0%
10.1%
Q4 24
-22.4%
-32.7%
Q3 24
-40.0%
1.2%
Q2 24
-38.0%
Q1 24
-62.2%
Capex Intensity
APYX
APYX
ORBS
ORBS
Q4 25
1.4%
0.0%
Q3 25
4.0%
0.0%
Q2 25
2.3%
0.0%
Q1 25
0.6%
0.0%
Q4 24
1.7%
0.0%
Q3 24
1.3%
0.1%
Q2 24
2.4%
Q1 24
0.3%
Cash Conversion
APYX
APYX
ORBS
ORBS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.10×
Q1 24
-0.37×

Financial Flow Comparison

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

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