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Side-by-side financial comparison of Apyx Medical Corp (APYX) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

Apyx Medical Corp is the larger business by last-quarter revenue ($19.2M vs $12.5M, roughly 1.5× SOLESENCE, INC.). SOLESENCE, INC. runs the higher net margin — 1.3% vs -6.8%, a 8.1% gap on every dollar of revenue. On growth, Apyx Medical Corp posted the faster year-over-year revenue change (34.7% vs -0.7%). Over the past eight quarters, Apyx Medical Corp's revenue compounded faster (36.8% CAGR vs 12.5%).

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 SLSN — Head-to-Head

Bigger by revenue
APYX
APYX
1.5× larger
APYX
$19.2M
$12.5M
SLSN
Growing faster (revenue YoY)
APYX
APYX
+35.4% gap
APYX
34.7%
-0.7%
SLSN
Higher net margin
SLSN
SLSN
8.1% more per $
SLSN
1.3%
-6.8%
APYX
Faster 2-yr revenue CAGR
APYX
APYX
Annualised
APYX
36.8%
12.5%
SLSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APYX
APYX
SLSN
SLSN
Revenue
$19.2M
$12.5M
Net Profit
$-1.3M
$163.0K
Gross Margin
62.6%
27.5%
Operating Margin
0.1%
1.5%
Net Margin
-6.8%
1.3%
Revenue YoY
34.7%
-0.7%
Net Profit YoY
71.9%
129.2%
EPS (diluted)
$0.00

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
SLSN
SLSN
Q4 25
$19.2M
$12.5M
Q3 25
$12.9M
$14.6M
Q2 25
$11.4M
$20.4M
Q1 25
$9.4M
$14.6M
Q4 24
$14.2M
$12.6M
Q3 24
$11.5M
$16.9M
Q2 24
$12.1M
$13.0M
Q1 24
$10.2M
$9.9M
Net Profit
APYX
APYX
SLSN
SLSN
Q4 25
$-1.3M
$163.0K
Q3 25
$-2.0M
$-1.1M
Q2 25
$-3.8M
$2.7M
Q1 25
$-4.2M
$80.0K
Q4 24
$-4.6M
$-559.0K
Q3 24
$-4.7M
$3.0M
Q2 24
$-6.6M
$856.0K
Q1 24
$-7.6M
$893.0K
Gross Margin
APYX
APYX
SLSN
SLSN
Q4 25
62.6%
27.5%
Q3 25
64.4%
23.1%
Q2 25
62.3%
28.9%
Q1 25
60.1%
23.1%
Q4 24
63.0%
22.0%
Q3 24
60.5%
36.2%
Q2 24
61.7%
28.7%
Q1 24
58.1%
36.3%
Operating Margin
APYX
APYX
SLSN
SLSN
Q4 25
0.1%
1.5%
Q3 25
-6.5%
-5.4%
Q2 25
-22.6%
9.4%
Q1 25
-32.4%
1.8%
Q4 24
-21.4%
-1.8%
Q3 24
-31.6%
19.0%
Q2 24
-45.7%
8.0%
Q1 24
-64.6%
11.3%
Net Margin
APYX
APYX
SLSN
SLSN
Q4 25
-6.8%
1.3%
Q3 25
-15.4%
-7.7%
Q2 25
-33.2%
13.1%
Q1 25
-44.0%
0.5%
Q4 24
-32.5%
-4.4%
Q3 24
-40.9%
18.1%
Q2 24
-54.0%
6.6%
Q1 24
-74.0%
9.0%
EPS (diluted)
APYX
APYX
SLSN
SLSN
Q4 25
$0.00
Q3 25
$-0.02
Q2 25
$0.04
Q1 25
$0.00
Q4 24
$0.00
Q3 24
$0.04
Q2 24
$-0.19
$0.01
Q1 24
$-0.22
$0.02

Balance Sheet & Financial Strength

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

Metric
APYX
APYX
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$31.7M
$1.3M
Total DebtLower is stronger
$37.5M
Stockholders' EquityBook value
$14.5M
$17.6M
Total Assets
$66.8M
$50.1M
Debt / EquityLower = less leverage
2.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APYX
APYX
SLSN
SLSN
Q4 25
$31.7M
$1.3M
Q3 25
$25.1M
$429.0K
Q2 25
$29.3M
$4.1M
Q1 25
$31.0M
$1.8M
Q4 24
$31.7M
$1.4M
Q3 24
$28.0M
$2.9M
Q2 24
$32.7M
$2.4M
Q1 24
$37.3M
$2.0M
Total Debt
APYX
APYX
SLSN
SLSN
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
SLSN
SLSN
Q4 25
$14.5M
$17.6M
Q3 25
$5.8M
$17.2M
Q2 25
$7.3M
$18.2M
Q1 25
$10.5M
$15.2M
Q4 24
$14.2M
$14.9M
Q3 24
$11.0M
$15.2M
Q2 24
$14.7M
$11.9M
Q1 24
$20.3M
$5.0M
Total Assets
APYX
APYX
SLSN
SLSN
Q4 25
$66.8M
$50.1M
Q3 25
$57.4M
$54.0M
Q2 25
$58.2M
$60.0M
Q1 25
$60.2M
$57.0M
Q4 24
$64.8M
$50.0M
Q3 24
$60.7M
$48.0M
Q2 24
$65.4M
$40.8M
Q1 24
$70.7M
$38.5M
Debt / Equity
APYX
APYX
SLSN
SLSN
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
SLSN
SLSN
Operating Cash FlowLast quarter
$-2.5M
$1.8M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-14.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
11.16×
TTM Free Cash FlowTrailing 4 quarters
$-9.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APYX
APYX
SLSN
SLSN
Q4 25
$-2.5M
$1.8M
Q3 25
$-3.5M
$-2.5M
Q2 25
$-1.2M
$-654.0K
Q1 25
$-702.0K
$-7.2M
Q4 24
$-2.9M
$2.2M
Q3 24
$-4.4M
$4.2M
Q2 24
$-4.3M
$-565.0K
Q1 24
$-6.3M
$-3.9M
Free Cash Flow
APYX
APYX
SLSN
SLSN
Q4 25
$-2.8M
Q3 25
$-4.1M
Q2 25
$-1.5M
Q1 25
$-757.0K
Q4 24
$-3.2M
$-404.0K
Q3 24
$-4.6M
$2.8M
Q2 24
$-4.6M
$-1.0M
Q1 24
$-6.4M
$-3.9M
FCF Margin
APYX
APYX
SLSN
SLSN
Q4 25
-14.6%
Q3 25
-31.5%
Q2 25
-13.2%
Q1 25
-8.0%
Q4 24
-22.4%
-3.2%
Q3 24
-40.0%
16.6%
Q2 24
-38.0%
-8.0%
Q1 24
-62.2%
-39.9%
Capex Intensity
APYX
APYX
SLSN
SLSN
Q4 25
1.4%
Q3 25
4.0%
Q2 25
2.3%
Q1 25
0.6%
Q4 24
1.7%
20.6%
Q3 24
1.3%
8.3%
Q2 24
2.4%
3.7%
Q1 24
0.3%
0.9%
Cash Conversion
APYX
APYX
SLSN
SLSN
Q4 25
11.16×
Q3 25
Q2 25
-0.25×
Q1 25
-90.26×
Q4 24
Q3 24
1.38×
Q2 24
-0.66×
Q1 24
-4.32×

Financial Flow Comparison

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

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