SenesTech, Inc. engages in the development and commercialization of a technology for managing animal pest populations through fertility control. The company offers ...
SenesTech, Inc. is a biotechnology company specializing in fertility control solutions for managing rodent populations. Founded in 2004 by Dr. Loretta Mayer and Dr. Cheryl Dyer, the company is headquartered in Surprise, Arizona, and trades on NASDAQ under the symbol SNES. The company's flagship product, ContraPest, is a liquid bait ...SenesTech, Inc. is a biotechnology company specializing in fertility control solutions for managing rodent populations. Founded in 2004 by Dr. Loretta Mayer and Dr. Cheryl Dyer, the company is headquartered in Surprise, Arizona, and trades on NASDAQ under the symbol SNES. The company's flagship product, ContraPest, is a liquid bait containing active ingredients that inhibit reproduction in rats. Evolve, a soft bait introduced in 2023, offers a ready-to-use alternative, and Evolve Mouse targets mice. SenesTech operates in the specialty chemicals industry and serves both professional pest management and direct-to-consumer markets. As of the latest data, the company employs 23 full-time staff and has a market cap of approximately $6.7 million. Financially, SenesTech faces challenges with negative profitability, evidenced by a net profit margin of -294.7% and negative free cash flow. However, the company maintains a strong balance sheet with a current ratio of 6.78 and low debt. Leadership has recently transitioned with Michael Edell appointed as CEO, bringing experience in enterprise software and consumer products. The company focuses on innovative, science-based approaches to rodent control, aiming to provide humane and effective alternatives to traditional rodenticides.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$2.2M
+19.6%
+56.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-6.4M
-3.2%
+11.2%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+62.5%
+15.6%
+17.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-292.9%
+13.0%
+43.7%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-287.4%
+13.7%
+43.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-5.9M
+3.7%
+11.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-265.1%
+19.5%
+43.1%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
28.0%
+168.1%
+24.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
12.61x
+151.4%
-23.9%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good afternoon, and welcome to the SenesTech Reports Second Quarter Fiscal Year 2026 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Robert Blum with Lytham Partners. Please go ahead.
Robert Blum: All right. Thank you very much, Megan, and thank you all for joining us today to discuss SenesTech's Second Quarter 2026 Financial Results. Again, this is for the period ended June 30, 2026. With us on the call today are Michael Edell, the company's President and Chief Executive Officer; and Tom Chesterman, the company's Chief Financial Officer. As the operator indicated, at the conclusion of today's prepared remarks, we will open the call for a question-and-answer session. [Operator Instructions] Before we begin with prepared remarks, we submit for the record the following statement. Statements made by the management team of SenesTech during the course of this conference call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as may, future, plan or planned, will or should, expected, anticipates, draft, eventually, or projected. Listeners are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in our filings with the Securities and Exchange Commission. All forward-looking statements contained during this conference call speak only as of the date in which they were made and are based on management's assumptions and estimates as of such date. The company does not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise. With that said, let me turn the call over to Michael Edell, President and Chief Executive Officer. Michael, please proceed.
Michael Edell: Thank you, Robert, and good afternoon to everyone joining us today. I appreciate you taking the time. This is my second earnings call as President and Chief Executive Officer, and the tone of today's discussion is meaningfully different from last quarter. In May, I described the strategy we have begun putting in place and the early indicators that gave us confidence in the direction. Today, we can point to a full quarter of measurable commercial …
