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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	18.1	27.55	31.02	15.28	32.76	48.77
Short-Term Investments	3.97	5.93	-	33.51	51.33	55.2
Cash & Short-Term Investments	22.07	33.48	31.02	48.79	84.09	103.97
Cash Growth	25.15%	7.92%	-36.41%	-41.98%	-19.12%	7.73%
Accounts Receivable	26.3	24.11	25.15	22.19	18.16	17.62
Other Receivables	-	-	-	-	-	0
Receivables	26.3	24.11	25.15	22.19	18.16	17.62
Inventory	35.5	33.18	23.02	18.91	16.69	12.53
Prepaid Expenses	3.2	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	93.07	99.22	88	98.08	127.05	145.25
Property, Plant & Equipment	97.21	98.93	104.29	93.66	78.12	54.08
Other Intangible Assets	5.88	5.58	4.53	3.65	2.86	2.05
Total Assets	196.17	203.73	196.83	195.39	208.02	201.38
Accounts Payable	19.66	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	2.09	1.97	1.55	1.31	1.83	0.86
Total Current Liabilities	21.75	30.61	30.43	23.75	24.29	22.83
Long-Term Debt	50.27	49.9	49.59	50.23	50.38	34.52
Long-Term Leases	18.64	19.22	21.14	20.41	20.8	20.87
Other Long-Term Liabilities	0.14	0.09	-	-	-	0
Total Liabilities	90.8	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	400	394.73	376.53	360.16	342.77	326.39
Retained Earnings	-295.09	-291.26	-281.3	-259.58	-230.63	-203.65
Shareholders' Equity	105.37	103.91	95.67	101	112.55	123.15
Total Liabilities & Equity	196.17	203.73	196.83	195.39	208.02	201.38
Total Debt	71	71.09	72.28	71.95	73.02	56.26
Net Cash (Debt)	-48.93	-37.6	-41.26	-23.16	11.07	47.71
Net Cash Growth	-	-	-	-	-76.79%	-48.80%
Net Cash Per Share	-1.09	-0.85	-0.96	-0.55	0.27	1.19
Filing Date Shares Outstanding	45.54	44.34	43.21	42.6	41.8	40.74
Total Common Shares Outstanding	45.51	44.15	43.12	42.45	41.74	40.62
Working Capital	71.33	68.61	57.57	74.32	102.76	122.42
Book Value Per Share	2.32	2.35	2.22	2.38	2.70	3.03
Tangible Book Value	99.48	98.33	91.13	97.35	109.69	121.1
Tangible Book Value Per Share	2.19	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	24.69	23.53	21.86	9.54	9.08	4.97
Construction In Progress	0.71	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 May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q