Axogen, Inc. (AXGN)

Axogen Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	18.66	31.02	15.28	32.76	48.77	35.72
Short-Term Investments	5.87	-	33.51	51.33	55.2	60.79
Cash & Short-Term Investments	24.53	31.02	48.79	84.09	103.97	96.51
Cash Growth	-24.73%	-36.41%	-41.98%	-19.12%	7.73%	-17.23%
Accounts Receivable	24.63	25.15	22.19	18.16	17.62	16.94
Other Receivables	-	-	-	-	0	0.24
Receivables	24.63	25.15	22.19	18.16	17.62	17.19
Inventory	29.36	23.02	18.91	16.69	12.53	13.86
Prepaid Expenses	1.27	2.81	1.94	1.86	4.05	1.16
Restricted Cash	6	6	6.25	6.25	6.84	6
Other Current Assets	0.47	-	-	-	0.24	0.31
Total Current Assets	86.25	88	98.08	127.05	145.25	135.02
Property, Plant & Equipment	100.52	104.29	93.66	78.12	54.08	18.11
Other Intangible Assets	5.22	4.53	3.65	2.86	2.05	1.52
Total Assets	191.99	196.83	195.39	208.02	201.38	154.64
Accounts Payable	21.18	11.77	8.96	5.92	4.6	8.26
Accrued Expenses	-	17.11	13.48	16.54	17.37	10.88
Current Portion of Leases	1.86	1.55	1.31	1.83	0.86	1.74
Total Current Liabilities	23.03	30.43	23.75	24.29	22.83	20.88
Long-Term Debt	49.72	49.59	50.23	50.38	34.52	-
Long-Term Leases	19.73	21.14	20.41	20.8	20.87	1.6
Other Long-Term Liabilities	0.09	-	-	-	0	0.02
Total Liabilities	92.58	101.16	94.39	95.47	78.23	22.49
Common Stock	0.44	0.43	0.42	0.42	0.41	0.4
Additional Paid-In Capital	390.68	376.53	360.16	342.77	326.39	311.62
Retained Earnings	-291.71	-281.3	-259.58	-230.63	-203.65	-179.86
Shareholders' Equity	99.41	95.67	101	112.55	123.15	132.15
Total Liabilities & Equity	191.99	196.83	195.39	208.02	201.38	154.64
Total Debt	71.31	72.28	71.95	73.02	56.26	3.33
Net Cash (Debt)	-46.78	-41.26	-23.16	11.07	47.71	93.18
Net Cash Growth	-	-	-	-76.79%	-48.80%	-20.05%
Net Cash Per Share	-1.08	-0.96	-0.55	0.27	1.19	2.37
Filing Date Shares Outstanding	44.01	43.21	42.6	41.8	40.74	39.73
Total Common Shares Outstanding	44	43.12	42.45	41.74	40.62	39.59
Working Capital	63.22	57.57	74.32	102.76	122.42	114.14
Book Value Per Share	2.26	2.22	2.38	2.70	3.03	3.34
Tangible Book Value	94.19	91.13	97.35	109.69	121.1	130.64
Tangible Book Value Per Share	2.14	2.11	2.29	2.63	2.98	3.30
Land	0.73	0.73	0.73	0.73	0.73	0.73
Buildings	60.68	60.68	-	-	-	-
Machinery	23.4	21.86	9.54	9.08	4.97	4.83
Construction In Progress	1.07	3.67	63.7	45.66	24.54	10.89
Leasehold Improvements	17.89	15.35	15.48	14.95	12.98	2.2

Source: S&P Capital IQ. Standard template. Financial Sources.