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AWHL · Aspira Women's Health Inc.

Aspira Women's Health Inc., together with its subsidiaries, discovers, develops, and commercializes of noninvasive AI-powered diagnostic tests for gynecologic diseases in the United States. The company's products include Ova1Plus, a qualitative serum test to assess the likelihood of malignancy in women with an ovarian adnexal mass; and OvaWatch, a assist in the initial and periodic clinical assessment of malignancy risk in all women thought to have an indeterminate or benign adnexal mass. It is also developing OVAinform, a multi-marker test that combines serum proteins, clinical data, and miRNA for assessing the risk of ovarian cancer in women with an adnexal mass; and ENDOinform a multi-marker test program that combines serum proteins, proprietary miRNAs, and clinical data (metadata), for the identification of endometriosis. The company also operates Aspira Labs, a laboratory that specializes in applying biomarker-based technologies to address critical needs in the management of gynecologic cancers and disease. The company serves physicians, physician office laboratories, and national and regional laboratories. The company distributes its products through its national sales force; Aspira Synergy platform; and with marketing and distribution agreements. It has a research agreement with Harvard's Dana-Farber Cancer Institute, Brigham and Women's Hospital, and Medical University of Lodz; and a strategic alliance agreement with Quest Diagnostics Incorporated and The Cleveland Clinic Foundation. The company was formerly known as Vermillion, Inc. and changed its name to Aspira Women's Health Inc. in June 2020. Aspira Women's Health Inc. was incorporated in 1993 and is based in Austin, Texas.

Cap structure and valuation

Cap structure
SP$0.36
SO43.5M
Options3.1M
Warrants21.2M
FD SO67.8M
MC$24.5M
Cash$1.3M
Total debt$1.2M
EV$24.3M
TTM Multiples
EV / Revenue75.6x
EV / EBITDA
MC / Net Income9.7x
EV / FCF
MC / FCF
Ownership & coverage
Institutional0.9%
Insiders12.7%
# Institutions2
Analysts0
Consensus
Avg target
Short % float
Days to cover

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-12. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest shown as "—" when unreported or older than 60 days.

Financial statements

LTM12/31/2512/31/2412/31/2312/31/22
Total Revenue 0.320.344.0087.008.18
Revenue YoY % (6.1%)(91.4%)(95.4%)963.0%
Cost of Revenue 3.483.303.7081.743.86
Gross Profit (3.16)(2.96)0.305.264.32
Gross Profit YoY % (6.7%)(1096.0%)(94.4%)21.7%
Gross Margin % (980.1%)(862.4%)7.4%6.0%52.8%
SG&A 9.1710.9518.4920.0829.54
R&D 3.132.883.274.045.92
Operating Expense 3.724.9616.5724.1135.46
Operating Income (6.88)(7.91)(16.28)(18.85)(31.14)
Operating Income YoY % 13.1%51.4%13.7%39.5%
Operating Margin % (2135.4%)(2307.0%)(406.9%)(21.7%)(380.5%)
EBITDA (7.88)(16.19)(18.65)(30.87)
EBITDA Margin % (2296.2%)(404.6%)(21.4%)(377.2%)
Interest Expense (0.26)(0.04)(0.03)0.050.02
Other Income / (Expense) 9.137.863.152.211.27
Pretax Income 2.52(0.01)(13.09)(16.69)(29.89)
Net Income 2.52(0.01)(13.09)(16.69)(29.89)
Net Margin % 781.4%(3.7%)(327.4%)(19.2%)(365.2%)
Diluted EPS -$0.32-$0.37-$0.93-$1.81-$3.85
Basic EPS -$0.25-$0.37-$0.93-$1.81-$3.85
Diluted Avg Shares 45.80.014.19.27.8
Basic Avg Shares 43.50.014.19.27.8

Insider activity (last 2 years)

Date Filed Reporter Relationship Trans. Date Code Shares Price Total Value
2026-06-09 SCHULER JACK W 10% Owner 2026-06-05 P 222,222 $0.45 $100,000
2026-06-09 SCHULER JACK W 10% Owner 2026-06-05 P 300,000 $0
2026-05-29 cohen Jeffrey k Director 2025-09-17 J 11,112 $0.45 $5,000
2026-05-29 Fraser John D Director 2025-09-17 P 16,389 $0.45 $7,375
2026-05-29 Fraser John D Director 2025-09-17 P 12,292 $0
2026-05-29 cohen Jeffrey k Director 2025-09-17 P 55,556 $0.45 $25,000
2026-05-29 cohen Jeffrey k Director 2025-09-17 P 41,667 $0
2025-12-04 Hundorfean Cynthia D Director 2025-12-02 A 238,085 $0
2025-12-04 Fraser John D Director 2025-12-02 A 314,811 $0
2025-12-03 Wood Jane Pine Director 2025-12-02 A 135,592 $0
2025-12-03 Parnell Winfred Director 2025-12-02 A 185,178 $0
2025-12-03 cohen Jeffrey k Director 2025-12-02 A 213,518 $0
2025-12-03 Beausang Ellen Director 2025-12-02 A 198,097 $0
2025-09-19 SCHULER JACK W 10% Owner 2025-09-17 P 1,111,111 $0.45 $500,000
2025-09-19 SCHULER JACK W 10% Owner 2025-09-17 P 833,333 $0
2025-09-19 cohen Jeffrey k Director 2025-09-17 P 55,556 $0.45 $25,000
2025-09-19 cohen Jeffrey k Director 2025-09-17 P 41,667 $0
2025-09-19 Fraser John D Director 2025-09-17 P 16,389 $0.45 $7,375
2025-09-19 Fraser John D Director 2025-09-17 P 12,292 $0
2025-09-04 Hungerford Brian Officer (Chief Financial Officer) 2025-09-02 A 100,000 $0
2025-06-06 Vos Ellen O'Connor Director 2025-06-04 M 5,312 $0
2025-06-06 Vos Ellen O'Connor Director 2025-06-04 M (5,312) $-0
2025-06-06 Ragard John Phillip Director 2025-06-04 M 4,844 $0
2025-06-06 Ragard John Phillip Director 2025-06-04 M (4,844) $-0
2025-06-05 Cavanaugh Stefanie L. Director 2025-06-04 M 5,937 $0
2025-06-05 Cavanaugh Stefanie L. Director 2025-06-04 M (5,937) $-0
2025-06-05 Herchuk Jannie Prestridge Director 2025-06-04 M 8,437 $0
2025-06-05 Herchuk Jannie Prestridge Director 2025-06-04 M (8,437) $-0
2025-06-05 Parnell Winfred Director 2025-06-04 M 5,156 $0
2025-06-05 Parnell Winfred Director 2025-06-04 M (5,156) $-0
2025-06-05 Beausang Ellen Director 2025-06-04 M 4,843 $0
2025-06-05 Beausang Ellen Director 2025-06-04 M (4,843) $-0
2025-06-04 cohen Jeffrey k Director 2025-05-13 A 11,653 $0.07 $816
2025-06-04 cohen Jeffrey k Director 2025-05-09 A 44,260 $0.07 $3,098
2025-05-27 Buhle Michael William Officer (Chief Executive Officer) 2025-05-22 A 100,000 $0
2025-04-02 Vos Ellen O'Connor Director 2025-03-31 M 5,313 $0
2025-04-02 Vos Ellen O'Connor Director 2025-03-31 M (5,313) $-0
2025-04-01 Parnell Winfred Director 2025-03-31 M 5,156 $0
2025-04-01 Parnell Winfred Director 2025-03-31 M (5,156) $-0
2025-04-01 Beausang Ellen Director 2025-03-31 M 1,615 $0
2025-04-01 Beausang Ellen Director 2025-03-31 M (1,615) $-0
2025-04-01 Cavanaugh Stefanie L. Director 2025-03-31 M 5,938 $0
2025-04-01 Cavanaugh Stefanie L. Director 2025-03-31 M (5,938) $-0
2025-04-01 Ragard John Phillip Director 2025-03-31 M 4,843 $0
2025-04-01 Ragard John Phillip Director 2025-03-31 M (4,843) $-0
2025-04-01 Herchuk Jannie Prestridge Director 2025-03-31 M 8,438 $0
2025-04-01 Herchuk Jannie Prestridge Director 2025-03-31 M (8,438) $-0
2025-04-01 Fralick Celeste Rachelle Director 2025-03-31 M 5,000 $0
2025-04-01 Fralick Celeste Rachelle Director 2025-03-31 M (5,000) $-0
2025-04-01 Beausang Ellen Director 2025-03-11 A (6,458) $-0
2025-03-10 SCHULER JACK W 10% Owner 2025-03-06 P 0 $200,000.00 $0
2025-01-29 Milligan Sandra Officer (Interim CEO) 2025-01-08 F (6,356) $0.70 -$4,449
2025-01-29 Milligan Sandra Officer (Interim CEO) 2024-12-31 M 20,000 $0
2025-01-29 Milligan Sandra Officer (Interim CEO) 2024-12-31 M 20,000 $0
2025-01-08 Herchuk Jannie Prestridge Director 2024-12-31 M 8,437 $0
2025-01-08 Herchuk Jannie Prestridge Director 2024-12-31 M (8,437) $-0
2025-01-08 Fralick Celeste Rachelle Director 2024-12-31 M 5,000 $0
2025-01-08 Fralick Celeste Rachelle Director 2024-12-31 M (5,000) $-0
2025-01-08 Parnell Winfred Director 2024-12-31 M 5,157 $0
2025-01-08 Parnell Winfred Director 2024-12-31 M (5,157) $-0
2025-01-08 Cavanaugh Stefanie L. Director 2024-12-31 M 5,937 $0
2025-01-08 Cavanaugh Stefanie L. Director 2024-12-31 M (5,937) $-0
2025-01-08 Ragard John Phillip Director 2024-12-31 M 4,844 $0
2025-01-08 Ragard John Phillip Director 2024-12-31 M (4,844) $-0
2025-01-08 Milligan Sandra Officer (Interim CEO & President) 2024-12-31 M 20,000 $0
2025-01-08 Milligan Sandra Officer (Interim CEO & President) 2024-12-31 M (20,000) $-0
2025-01-08 Vos Ellen O'Connor Director 2024-12-31 M 5,312 $0
2025-01-08 Vos Ellen O'Connor Director 2024-12-31 M (5,312) $-0
2024-11-22 Ragard John Phillip Director 2024-09-30 M 4,844 $0
2024-11-22 Ragard John Phillip Director 2024-09-30 M (4,844) $-0
2024-11-14 Kallassy John A Officer (Interim CFO) 2024-11-12 A 25,000 $0
2024-11-13 Milligan Sandra Officer (President) 2024-11-12 A 25,000 $0
2024-10-28 Milligan Sandra Officer (President) 2024-10-28 A 20,000 $0
2024-10-28 Sandford Nicole Director, Officer (Chief Executive Officer) 2024-10-28 A 25,000 $0
2024-10-03 Vos Ellen O'Connor Director 2024-09-30 M 5,313 $0
2024-10-03 Vos Ellen O'Connor Director 2024-09-30 M (5,313) $-0
2024-10-02 Cavanaugh Stefanie L. Director 2024-09-30 M 5,938 $0
2024-10-02 Cavanaugh Stefanie L. Director 2024-09-30 M (5,938) $-0
2024-10-02 Parnell Winfred Director 2024-09-30 M 5,156 $0
2024-10-02 Parnell Winfred Director 2024-09-30 M (5,156) $-0
2024-10-02 Herchuk Jannie Prestridge Director 2024-09-30 M 8,438 $0
2024-10-02 Herchuk Jannie Prestridge Director 2024-09-30 M (8,438) $-0
2024-10-02 Ragard John Phillip Director 2024-09-30 M 4,844 $0
2024-10-02 Ragard John Phillip Director 2024-09-30 M 4,844 $0
2024-10-02 Fralick Celeste Rachelle Director 2024-09-30 M 5,000 $0
2024-10-02 Fralick Celeste Rachelle Director 2024-09-30 M (5,000) $-0
2024-08-26 Vos Ellen O'Connor Director 2024-08-22 A 21,250 $0
2024-08-26 Parnell Winfred Director 2024-08-22 A 20,625 $0
2024-08-26 Ragard John Phillip Director 2024-08-22 A 19,375 $0
2024-08-26 Herchuk Jannie Prestridge Director 2024-08-22 A 33,750 $0
2024-08-26 Fralick Celeste Rachelle Director 2024-08-22 A 20,000 $0
2024-08-26 Cavanaugh Stefanie L. Director 2024-08-22 A 23,750 $0
2024-08-26 Kallassy John A Officer (Interim CFO) 2024-08-15 A 25,000 $0
2024-08-13 Fralick Celeste Rachelle Director 2024-08-12 A 15,381 $0
2024-08-13 Parnell Winfred Director 2024-08-12 A 15,803 $0
2024-08-13 Herchuk Jannie Prestridge Director 2024-08-12 A 20,017 $0
2024-08-13 Cavanaugh Stefanie L. Director 2024-08-12 A 16,804 $0
2024-08-13 Vos Ellen O'Connor Director 2024-08-12 A 16,593 $0
2024-07-11 SCHULER JACK W 10% Owner 2024-07-09 P 6,536 $0
2024-07-11 SCHULER JACK W 10% Owner 2024-07-09 P 6,536 $0
2024-07-10 Parnell Winfred Director 2024-07-09 A 3,268 $0
2024-07-10 Parnell Winfred Director 2024-07-09 A 3,268 $0
2024-07-10 Herchuk Jannie Prestridge Director 2024-07-09 A 4,902 $0
2024-07-10 Herchuk Jannie Prestridge Director 2024-07-09 A 4,902 $0
2024-07-10 Vos Ellen O'Connor Director 2024-07-09 A 3,268 $0
2024-07-10 Vos Ellen O'Connor Director 2024-07-09 A 3,268 $0
2024-07-09 Cavanaugh Stefanie L. Director 2024-07-09 A 3,268 $0
2024-07-09 Cavanaugh Stefanie L. Director 2024-07-09 A 3,268 $0
2024-07-09 Sandford Nicole Director, Officer (CEO) 2024-07-09 A 13,072 $0
2024-07-09 Sandford Nicole Director, Officer (CEO) 2024-07-09 A 13,072 $0
2024-06-18 SCHULER JACK W 10% Owner 2024-01-26 P 28,500 $0
2024-06-18 SCHULER JACK W 10% Owner 2024-01-26 P 28,500 $0
2024-06-14 Hombeck Torsten Officer (Chief Financial Officer) 2024-05-03 A 6,667 $3.20 $21,334