Sharps Technology Inc (STSS) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Sharps Technology Inc   (NASDAQ: STSS)

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Description of Sharps Technology Inc's Business Segments


Sharps Technology Inc. is focused on providing innovative solutions primarily in the field of medical devices, particularly those that enhance safety and reduce the risks associated with sharps injuries and needle-stick incidents. Below is an extensive overview of the segments, products, and services offered by Sharps Technology Inc.

Segments

1. Medical Devices:
- Sharps Technology operates within the medical device sector, developing products aimed at preventing needle-stick injuries, improving safety for healthcare providers and patients, and promoting better healthcare practices.

2. Healthcare Solutions:
- This segment revolves around providing comprehensive solutions to healthcare facilities, including hospitals, clinics, and outpatient centers, focusing on the management and disposal of sharp medical instruments.

3. Infection Control:
- The segment targets the prevention of infections through innovative design, improving the safety profile of sharps disposal.

Products

1. Safety Syringes:
- These are designed to prevent needle-stick injuries during and after use. Features may include retractable needles that automatically retract after use, eliminating the risk of accidental needle exposure.

2. Sharps Disposal Containers:
- Engineered for the safe disposal of used medical sharps, these containers are designed to minimize the risk of needle-stick injuries. They often incorporate features like puncture resistance, secure sealing mechanisms, and clear fill level indicators.

3. Instruments and Devices for Drug Delivery:
- This includes advanced delivery systems that may offer greater precision when administering injectable medications while providing safety features to protect healthcare workers.

4. Safety Lancets:
- Devices that allow for minimal and safe blood collection while significantly reducing the risk associated with traditional lancets.

5. Medication Preparation Systems:
- These products are aimed at making the process of drug preparation safer and more efficient, often incorporating features that streamline workflows for medical staff.

Services

1. Product Training and Education:
- Sharps Technology Inc. provides training services to healthcare professionals on the correct use of their products, emphasizing safety protocols and best practices when handling sharps.

2. Consultative Services:
- The company may offer consulting services to healthcare facilities on best practices for sharps management and disposal, helping them to implement standards that comply with local and federal regulations.

3. Custom Solutions Development:
- This service involves working closely with healthcare organizations to tailor-built sharps safety solutions that meet specific needs or challenges faced by the facility.

4. Sustainability Initiatives:
- Engaging with healthcare providers to adopt more sustainable practices in the handling and disposal of medical sharps, potentially reducing environmental impact through innovative product designs.

Conclusion

Sharps Technology Inc. is deeply committed to enhancing safety in medical settings by providing advanced products and services that mitigate risks related to sharps and needle-stick injuries. Their comprehensive approach includes innovative designs in medical devices, thoughtful disposal solutions, and services that promote safe operational practices within healthcare environments. This balance between practical product innovation and strong service-oriented solutions supports healthcare providers in their mission to protect both staff and patients.


Composition of Sharps Technology Inc Revenues by Segments

 
Medical Device Packaging    9.47 % of total Revenue

Q2 three months ended (Jun 30 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Medical Device Packaging 0.19 9.47 %
Total 2.04 100 %




Q2 three months ended (Jun 30 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Medical Device Packaging - -4.73 %
Total - 957.68 %




Q2 three months ended (Jun 30 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Medical Device Packaging -23.39 -
Total -23.28 -




Q2 three months ended (Jun 30 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Medical Device Packaging - -
Total - -




Annual Report on Sharps Technology Inc Divisions, Sales by Country

 
Medical Device Packaging   Medical Device Packaging Segment contribution to total sales 100 % of total Revenue
Digital Assets   Digital Assets Segment contribution to total sales 3333.83 % of total Revenue


Twelve months ended 2025
STSS s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Medical Device Packaging 0.20 100 %
Total 0.20 100 %
Digital Assets 6.81 3333.83 %


Twelve months ended 2025
STSS s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -282.50 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth



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