Exagen 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	35.65	22.04	36.49	62.39	99.44	57.45
Cash & Short-Term Investments	35.65	22.04	36.49	62.39	99.44	57.45
Cash Growth	61.80%	-39.62%	-41.51%	-37.26%	73.10%	-20.30%
Receivables	11.09	7.84	6.55	6.08	9.65	8.91
Inventory	3.53	5.73	2.87	1.8	1.09	1.2
Prepaid Expenses	1.16	0.86	1.93	2.35	2.55	2.96
Other Current Assets	1.16	-	-	-	-	-
Total Current Assets	52.59	36.46	47.84	72.61	112.73	70.52
Property, Plant & Equipment	9.18	7.68	8.49	13.08	4.77	2.1
Goodwill	-	-	-	-	5.51	5.51
Other Long-Term Assets	1.06	0.55	0.62	0.53	0.43	0.25
Total Assets	62.82	44.69	56.94	86.22	123.45	78.38
Accounts Payable	3.56	4.14	3.13	3.05	2.49	3.01
Accrued Expenses	5.68	7.65	7.04	4.2	6.24	5.45
Current Portion of Long-Term Debt	0.68	0.42	0.26	0.19	-	-
Current Portion of Leases	2.33	1.3	1.47	1.74	0.59	0.31
Other Current Liabilities	-	-	-	0.45	-	-
Total Current Liabilities	12.89	13.51	11.9	9.62	9.32	8.77
Long-Term Debt	22.26	19.82	19.23	28.78	27.48	26.66
Long-Term Leases	2.9	1.82	3.12	5.34	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.31	0.16
Other Long-Term Liabilities	6.63	-	-	0.02	1.41	0.95
Total Liabilities	44.69	35.15	34.25	43.76	38.51	36.54
Common Stock	0.02	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	327.72	303.85	301.89	297.97	293.06	223.12
Retained Earnings	-309.61	-294.33	-279.22	-255.53	-208.14	-181.29
Total Common Equity	18.14	9.54	22.69	42.46	84.94	41.84
Shareholders' Equity	18.14	9.54	22.69	42.46	84.94	41.84
Total Liabilities & Equity	62.82	44.69	56.94	86.22	123.45	78.38
Total Debt	28.17	23.36	24.08	36.05	28.07	26.97
Net Cash (Debt)	7.49	-1.33	12.42	26.34	71.38	30.48
Net Cash Growth	-	-	-52.87%	-63.09%	134.17%	-32.80%
Net Cash Per Share	0.37	-0.07	0.70	1.54	4.47	2.41
Filing Date Shares Outstanding	22.66	17.9	17.24	16.83	16.23	12.67
Total Common Shares Outstanding	22.51	17.64	17.05	16.55	16.16	12.65
Working Capital	39.7	22.95	35.94	62.99	103.42	61.75
Book Value Per Share	0.81	0.54	1.33	2.57	5.25	3.31
Tangible Book Value	18.14	9.54	22.69	42.46	79.43	36.33
Tangible Book Value Per Share	0.81	0.54	1.33	2.57	4.91	2.87
Machinery	7.44	4.47	5.1	3.92	3.15	2.47
Construction In Progress	0.41	1.54	0.06	1.38	1.86	0.3
Leasehold Improvements	3.34	3.29	3.32	5.22	1.15	1.07

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