IRIX — Stock Film
STOCK FILMSCENE 1/11IRIX · $0.66
Stock Expert AI presents
IRIX
IRIDEX Corporation
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
IRIDEX Corporation. What it actually does.

Develop and market laser systems for ophthalmic applications. Provide delivery devices for precise laser treatment. Now — the numbers.

on the stock market since 1996
93 employees
$11.4M market value
WHERE DOES THE MONEY COME FROM?
57%Retina
RetinaCyclo G Six 26%Product and Service, Other 16%
57% of all revenue comes from a single line: Retina.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$52.7M
The loss that same year:
$4.4M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

In the vault right now:
$6M
DEBT: $4.5M
At this pace, that money lasts about 1.4 years.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
0.2×

This company is not turning a profit, so the market is pricing its sales instead: 0.2× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 66% of them.

Analysts' average target sits 317% above today's price.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
61
average

Profit indicators sit around the sector average.

FINANCIAL STRENGTH
51
average

A solid grade overall — yet the debt outweighs the cash. The strength here comes from earnings power.

VALUATION
66
strong

Clearly above the class average — a step short of the very top.

GROWTH
75
strong

This grade is a blend: the profit side is strong, the sales tempo slow.

PRICE MOMENTUM
18
very weak

Clearly below the class average.

WORTH WATCHING

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 93% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
Sales are holding up

The company sells $52.7M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/2
Executives are buying their own stock

Over the last 12 months, company executives reported 51 buys and 4 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Running at a loss

A loss of $4.4M against $52.7M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.66. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts about 1.4 years. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film