MASS

908 Devices Inc. Healthcare Medical Devices

8/12
Innovation Score

Patent Activity

0/3
No patents found in USPTO database (last 2026-05-11 02:16).

Cash Runway

3/3
180 months of cash remaining based on current burn rate.
Cash on hand: $111.7M

Revenue Trajectory

2/3
Revenue: $57.8M
YoY Growth: +13.6%

Management Quality

3/3
Insider ownership: 38.4%
SBC/Revenue: 48.3%
No reverse splits detected

Key Metrics

Market Cap $308.9M
Revenue $57.8M
Revenue Growth (YoY) +13.6%
Cash on Hand $111.7M
Cash Runway 180 months
Shares Outstanding 37.8M
Insider Ownership 38.4%
SBC / Revenue 48.3%
Sector / Industry Healthcare / Medical Devices

7-Step Risk Assessment

How MASS maps to our micro cap methodology:

  1. Innovation Signal No patents found. Innovation may be trade-secret-based or too early for filings.
  2. Cash Runway Check 180 months of runway. Comfortable buffer for execution.
  3. Revenue Trajectory +13.6% YoY growth on $57.8M revenue. Positive but moderate growth.
  4. Management Alignment Insiders hold 38.4% of shares. SBC is 48.3% of revenue.
  5. Competitive Moat Review the company's 10-K for barriers to entry: patents, network effects, switching costs, regulatory approvals. This step requires manual research.
  6. Catalyst Identification Look for upcoming catalysts: FDA decisions, contract wins, product launches, partnerships. Check recent 8-K filings and earnings transcripts.
  7. Position Sizing Micro caps carry outsized risk. Consider position sizing relative to conviction level and portfolio concentration. This is a $308.9M company.

Financial Detail

Free Cash Flow $13.7M
FCF Yield 4.5%
Return on Equity -24.1%
Debt / Equity 3.3%
Gross Margin 52.0%
Profit Margin -62.4%
Operating Margin -48.6%
Price / Book 2.07
Current Ratio 3.58
Dividend Yield None
Share Count Change (YoY) N/A
Share Count Change (3yr) N/A

Quality Flags

Low Debt FCF Positive

Free Cash Flow Trend

Insufficient Data
Consecutive Years FCF Positive 0

Disclaimer: This is an automated screening tool, not investment advice. Micro cap stocks are inherently risky with low liquidity and high volatility. The innovation score is based on publicly available data and may not reflect the full picture. Steps 5-7 of the methodology require your own research. See our full disclaimer.

Last screened: 2026-05-11