Adagio Medical Holdings 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	4.67	20.59	1.38	5.55
Cash & Short-Term Investments	4.67	20.59	1.38	5.55
Cash Growth	-83.46%	1388.50%	-75.07%	-
Receivables	-	0.04	0.07	-
Inventory	1.55	2.57	3.32	0.37
Prepaid Expenses	1.11	1.94	0.23	0.29
Other Current Assets	0.81	0.22	0.18	0.53
Total Current Assets	8.14	25.35	5.19	6.73
Property, Plant & Equipment	2.46	2.15	1.62	1.94
Goodwill	13.97	13.97	-	-
Other Intangible Assets	6.97	6.97	-	-
Other Long-Term Assets	0.01	0.01	0.02	0.03
Total Assets	31.55	48.45	6.83	8.7
Accounts Payable	1.02	2.84	3.83	1.01
Accrued Expenses	8.5	4.78	4.62	2.29
Short-Term Debt	-	-	36.43	9.5
Current Portion of Long-Term Debt	-	-	1.7	-
Current Portion of Leases	0.18	0.14	0.08	0.16
Other Current Liabilities	-	0	0.52	-
Total Current Liabilities	9.7	7.76	47.18	12.97
Long-Term Debt	21.19	16.08	0.14	-
Long-Term Leases	0.6	0.05	0.05	0.13
Long-Term Deferred Tax Liabilities	0.88	0.88	-	-
Other Long-Term Liabilities	0.49	3.77	0.01	0
Total Liabilities	32.86	28.54	47.38	13.11
Common Stock	0	0	0	0
Additional Paid-In Capital	91.08	90.5	1.61	1.15
Retained Earnings	-92.3	-70.59	-133.65	-97.06
Comprehensive Income & Other	-0.1	0	0.02	0.03
Total Common Equity	-1.31	19.91	-132.02	-95.88
Shareholders' Equity	-1.31	19.91	-40.55	-4.41
Total Liabilities & Equity	31.55	48.45	6.83	8.7
Total Debt	21.97	16.27	38.4	9.8
Net Cash (Debt)	-17.29	4.32	-37.02	-4.25
Net Cash Per Share	-1.13	0.65	-48.72	-5.65
Filing Date Shares Outstanding	21.18	15.38	14.54	0.75
Total Common Shares Outstanding	15.38	15.2	0.78	0.75
Working Capital	-1.56	17.59	-41.99	-6.24
Book Value Per Share	-0.09	1.31	-169.22	-127.57
Tangible Book Value	-22.25	-1.02	-132.02	-95.88
Tangible Book Value Per Share	-1.45	-0.07	-169.22	-127.57
Machinery	3.73	4.39	2.91	2.53
Construction In Progress	-	-	0.05	0.05
Leasehold Improvements	0.3	0.31	0.31	0.3

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

SEC Filings: 10-K · 10-Q