Carlsmed, Inc. (CARL)

Carlsmed Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	73.12	85.89	40.23	7.37
Short-Term Investments	24	24	-	-
Cash & Short-Term Investments	97.12	109.89	40.23	7.37
Cash Growth	123.09%	173.20%	445.65%	-
Accounts Receivable	12.27	11.36	6.77	3.17
Inventory	2.06	1.85	1	0.58
Other Current Assets	3.96	3.57	1.37	0.65
Total Current Assets	115.41	126.67	49.35	11.77
Net Property, Plant & Equipment	3.26	3.31	1.9	2.24
Other Long-Term Assets	0.1	0.13	0.57	0.02
Total Assets	118.77	130.12	51.82	14.02
Accounts Payable	2.95	4.48	2.41	1.69
Accrued Expenses	5.99	9.05	5.96	3.6
Current Portion of Long-Term Debt	-	-	-	1.84
Current Portion of Leases	0.78	0.75	0.45	0.31
Total Current Liabilities	9.72	14.28	8.82	7.44
Long-Term Debt	15.36	15.35	15.41	7.47
Long-Term Leases	1.12	1.32	1.32	1.77
Other Long-Term Liabilities	0.33	0.31	0.68	0.1
Total Long-Term Liabilities	16.81	16.97	17.41	9.34
Total Liabilities	26.52	31.25	26.23	16.78
Additional Paid-in Capital	201.75	199.67	0.54	0.78
Retained Earnings	-109.5	-100.81	-71.17	-46.91
Total Common Shareholders' Equity	92.25	98.87	-70.63	-46.13
Minority Interest	-	-	96.23	43.38
Shareholders' Equity	92.25	98.87	25.6	-2.75
Total Liabilities & Equity	118.77	130.12	51.82	14.02
Total Debt	17.26	17.41	17.18	11.39
Net Cash (Debt)	79.86	92.48	23.05	-4.02
Net Cash Growth	-13.64%	301.30%	-	-
Net Cash Per Share	4.04	6.50	5.67	-1.03
Book Value	92.25	98.87	-70.63	-46.13
Book Value Per Share	4.66	6.95	-17.37	-11.87
Tangible Book Value	92.25	98.87	-70.63	-46.13
Tangible Book Value Per Share	4.66	6.95	-17.37	-11.87

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q