Pulmonx Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	76.55	70.91	83.55	101.74	148.48	231.56
Short-Term Investments	-	30.58	33.56	39.4	31.56	-
Cash & Short-Term Investments	76.55	101.48	117.1	141.14	180.04	231.56
Cash Growth	-28.98%	-13.34%	-17.03%	-21.61%	-22.25%	716.88%
Accounts Receivable	13.8	13.12	12.11	8.68	6.56	4.23
Other Receivables	0.5	0.67	0.92	0.6	0.36	0.34
Receivables	14.3	13.79	13.02	9.28	6.92	4.57
Inventory	16.25	16.92	16.74	14.56	16.29	10.74
Prepaid Expenses	3.75	2.67	2.82	3.45	4.17	2.51
Restricted Cash	0.26	0.26	0.24	0.23	0.23	0.23
Other Current Assets	0.13	1.13	0.5	0.29	0.35	0.38
Total Current Assets	111.24	136.25	150.42	168.95	208	249.99
Property, Plant & Equipment	20.72	21.45	7.43	10.5	12.89	10.45
Long-Term Investments	-	-	14.39	5.92	10.94	-
Goodwill	2.33	2.33	2.33	2.33	2.33	2.33
Other Intangible Assets	-	-	0.03	0.15	0.28	0.4
Other Long-Term Assets	3.99	2.82	3.17	5.81	0.73	0.54
Total Assets	138.28	162.85	177.78	193.68	235.17	263.71
Accounts Payable	6.42	3.83	1.5	1.76	1.58	1.47
Accrued Expenses	14.94	16.47	16.23	13.28	13.37	8.65
Current Portion of Long-Term Debt	0.11	3.18	2.16	0.09	0.09	-
Current Portion of Leases	1.14	0.78	3.07	3.23	2.2	2.24
Current Income Taxes Payable	0.19	0.05	0.09	0.02	0.15	0.09
Current Unearned Revenue	0.09	0.14	0.1	0.12	0.16	0.07
Total Current Liabilities	22.88	24.44	23.16	18.49	17.55	12.53
Long-Term Debt	37.03	34	35.09	17.23	17.32	17.37
Long-Term Leases	18.3	18.52	1.11	3.85	6.84	7.62
Long-Term Deferred Tax Liabilities	0.05	0.09	0.11	0.09	0.04	0.06
Other Long-Term Liabilities	-	-	-	-	0.18	-
Total Liabilities	78.25	77.04	59.47	39.67	41.93	37.57
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	568.89	551.21	526.8	502.71	482.89	467.15
Retained Earnings	-511.13	-467.56	-411.16	-350.32	-291.4	-242.73
Comprehensive Income & Other	2.24	2.11	2.64	1.58	1.71	1.69
Total Common Equity	60.03	85.81	118.32	154.01	193.24	226.13
Shareholders' Equity	60.03	85.81	118.32	154.01	193.24	226.13
Total Liabilities & Equity	138.28	162.85	177.78	193.68	235.17	263.71
Total Debt	56.56	56.47	41.42	24.4	26.46	27.22
Net Cash (Debt)	19.99	45.01	90.07	122.66	164.52	204.34
Net Cash Growth	-61.55%	-50.03%	-26.57%	-25.45%	-19.48%	3027.77%
Net Cash Per Share	0.50	1.15	2.37	3.31	4.55	20.06
Filing Date Shares Outstanding	41.25	39.8	38.54	37.65	37.02	35.69
Total Common Shares Outstanding	41.25	39.79	38.52	37.56	36.93	35.69
Working Capital	88.36	111.81	127.27	150.46	190.45	237.46
Book Value Per Share	1.46	2.16	3.07	4.10	5.23	6.34
Tangible Book Value	57.7	83.48	115.95	151.52	190.63	223.4
Tangible Book Value Per Share	1.40	2.10	3.01	4.03	5.16	6.26
Machinery	6.62	6.11	4.41	4.15	3.45	2.74
Construction In Progress	0.04	0.21	2.2	1.83	1.33	0.45
Leasehold Improvements	2.34	2.32	2.28	2.28	2.28	0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.