Carlsmed, Inc. (CARL)

NASDAQ: CARL · Real-Time Price · USD

16.37

+0.08 (0.49%)

Sep 1, 2026, 4:00 PM EDT - Market closed

Carlsmed Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	46.24	85.79	40.13	7.22
Short-Term Investments	42.98	24	-	-
Cash & Short-Term Investments	89.22	109.79	40.13	7.22
Cash Growth	166.56%	173.63%	455.59%	-
Receivables	13.78	11.36	6.77	3.17
Inventory	2.28	1.85	1	0.58
Prepaid Expenses	4.22	3.57	1.37	0.65
Restricted Cash	0.1	0.1	0.1	0.15
Total Current Assets	109.6	126.67	49.35	11.77
Property, Plant & Equipment	8.35	3.31	1.9	2.24
Long-Term Deferred Charges	-	-	0.4	-
Other Long-Term Assets	0.25	0.13	0.17	0.02
Total Assets	118.2	130.12	51.82	14.02

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Accounts Payable	3.7	4.48	2.41	1.69
Accrued Expenses	7.99	9.05	5.96	3.6
Current Portion of Long-Term Debt	-	-	-	1.84
Current Portion of Leases	0.7	0.75	0.45	0.31
Total Current Liabilities	12.4	14.28	8.82	7.44
Long-Term Debt	15.38	15.35	15.41	7.47
Long-Term Leases	5.83	1.32	1.32	1.77
Other Long-Term Liabilities	0.35	0.31	0.68	0.1
Total Liabilities	33.96	31.25	26.23	16.78

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Additional Paid-In Capital	204.27	199.67	0.54	0.78
Retained Earnings	-120.01	-100.81	-71.17	-46.91
Total Common Equity	84.25	98.87	-70.63	-46.13
Shareholders' Equity	84.25	98.87	25.6	-2.75
Total Liabilities & Equity	118.2	130.12	51.82	14.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Total Debt	21.92	17.41	17.18	11.39
Net Cash (Debt)	67.31	92.38	22.95	-4.17
Net Cash Growth	326.94%	302.61%	-	-
Net Cash Per Share	2.64	6.50	5.64	-1.07
Filing Date Shares Outstanding	27.3	26.73	4.23	3.89
Total Common Shares Outstanding	27.23	26.6	4.23	3.89
Working Capital	97.2	112.39	40.53	4.33
Book Value Per Share	3.09	3.72	-16.68	-11.87
Tangible Book Value	84.25	98.87	-70.63	-46.13
Tangible Book Value Per Share	3.09	3.72	-16.68	-11.87
Machinery	1.21	0.82	0.58	0.4
Construction In Progress	1.05	0.52	-	-
Leasehold Improvements	0.32	0.36	0.08	0.08

SEC Filings: 10-K · 10-Q