Axogen, Inc. (AXGN)

Axogen Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20.04	27.55	31.02	15.28	32.76	48.77
Short-Term Investments	9.89	5.93	-	33.51	51.33	55.2
Cash & Short-Term Investments	29.92	33.48	31.02	48.79	84.09	103.97
Cash Growth	41.59%	7.92%	-36.41%	-41.98%	-19.12%	7.73%
Accounts Receivable	28.03	24.11	25.15	22.19	18.16	17.62
Other Receivables	-	-	-	-	-	0
Receivables	28.03	24.11	25.15	22.19	18.16	17.62
Inventory	36.77	33.18	23.02	18.91	16.69	12.53
Prepaid Expenses	2.69	2.45	2.81	1.94	1.86	4.05
Restricted Cash	6	6	6	6.25	6.25	6.84
Other Current Assets	-	-	-	-	-	0.24
Total Current Assets	103.42	99.22	88	98.08	127.05	145.25
Property, Plant & Equipment	95.92	98.93	104.29	93.66	78.12	54.08
Other Intangible Assets	6.12	5.58	4.53	3.65	2.86	2.05
Total Assets	205.45	203.73	196.83	195.39	208.02	201.38
Accounts Payable	22.77	8.01	11.77	8.96	5.92	4.6
Accrued Expenses	-	20.63	17.11	13.48	16.54	17.37
Current Portion of Leases	2.21	1.97	1.55	1.31	1.83	0.86
Total Current Liabilities	24.98	30.61	30.43	23.75	24.29	22.83
Long-Term Debt	50.02	49.9	49.59	50.23	50.38	34.52
Long-Term Leases	18.04	19.22	21.14	20.41	20.8	20.87
Other Long-Term Liabilities	0.14	0.09	-	-	-	0
Total Liabilities	93.18	99.82	101.16	94.39	95.47	78.23
Common Stock	0.46	0.44	0.43	0.42	0.42	0.41
Additional Paid-In Capital	406.33	394.73	376.53	360.16	342.77	326.39
Retained Earnings	-294.52	-291.26	-281.3	-259.58	-230.63	-203.65
Shareholders' Equity	112.28	103.91	95.67	101	112.55	123.15
Total Liabilities & Equity	205.45	203.73	196.83	195.39	208.02	201.38
Total Debt	70.27	71.09	72.28	71.95	73.02	56.26
Net Cash (Debt)	-40.34	-37.6	-41.26	-23.16	11.07	47.71
Net Cash Growth	-	-	-	-	-76.79%	-48.80%
Net Cash Per Share	-0.89	-0.85	-0.96	-0.55	0.27	1.19
Filing Date Shares Outstanding	46.01	44.34	43.21	42.6	41.8	40.74
Total Common Shares Outstanding	45.77	44.15	43.12	42.45	41.74	40.62
Working Capital	78.44	68.61	57.57	74.32	102.76	122.42
Book Value Per Share	2.45	2.35	2.22	2.38	2.70	3.03
Tangible Book Value	106.16	98.33	91.13	97.35	109.69	121.1
Tangible Book Value Per Share	2.32	2.23	2.11	2.29	2.63	2.98
Land	0.73	0.73	0.73	0.73	0.73	0.73
Buildings	60.68	60.68	60.68	-	-	-
Machinery	25.26	23.53	21.86	9.54	9.08	4.97
Construction In Progress	0.86	1.5	3.67	63.7	45.66	24.54
Leasehold Improvements	17.98	17.98	15.35	15.48	14.95	12.98

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q