CorMedix Inc. (CRMD)

CorMedix 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	66.29	40.65	43.64	43.15	53.32	41.91
Short-Term Investments	11.22	11.04	32.39	15.64	12.15	4.44
Cash & Short-Term Investments	77.5	51.69	76.03	58.79	65.47	46.35
Cash Growth	32.37%	-32.02%	29.32%	-10.20%	41.24%	63.58%
Receivables	54.61	51.65	-	-	0.05	0
Inventory	7.49	7.6	2.11	-	0	0.14
Prepaid Expenses	5.07	3.39	0.76	0.62	0.77	1.41
Restricted Cash	-	-	0.08	0.12	0.13	0.19
Other Current Assets	0.19	0.24	0.47	0.01	0.05	0.08
Total Current Assets	144.86	114.58	79.45	59.55	66.47	48.18
Property, Plant & Equipment	2.18	2.32	2.51	2.38	2.37	1.13
Other Intangible Assets	1.79	1.84	-	-	-	-
Other Long-Term Assets	0.75	0.11	0.1	0.1	0.1	-
Total Assets	149.58	118.85	82.06	62.04	68.95	49.31
Accounts Payable	1.93	1.72	4.28	2.2	2.21	1.13
Accrued Expenses	30.28	29.95	6.97	3.97	3.01	2.92
Current Portion of Leases	0.17	0.17	0.15	0.13	0.12	0.11
Other Current Liabilities	2	2	-	-	-	-
Total Current Liabilities	34.39	33.84	11.4	6.31	5.35	4.16
Long-Term Leases	0.3	0.35	0.52	0.67	0.8	0.92
Total Liabilities	34.69	34.19	11.92	6.98	6.15	5.09
Common Stock	0.07	0.06	0.05	0.04	0.04	0.03
Additional Paid-In Capital	433.72	424.13	391.69	330.29	308.33	261.54
Retained Earnings	-318.99	-339.63	-321.7	-275.36	-245.66	-217.45
Comprehensive Income & Other	0.08	0.09	0.09	0.08	0.09	0.1
Total Common Equity	114.89	84.66	70.14	55.06	62.8	44.22
Shareholders' Equity	114.89	84.66	70.14	55.06	62.8	44.22
Total Liabilities & Equity	149.58	118.85	82.06	62.04	68.95	49.31
Total Debt	0.48	0.52	0.67	0.8	0.92	1.03
Net Cash (Debt)	77.03	51.17	75.36	57.99	64.54	45.32
Net Cash Growth	32.99%	-32.10%	29.96%	-10.15%	42.43%	59.96%
Net Cash Per Share	1.25	0.87	1.48	1.44	1.71	1.59
Filing Date Shares Outstanding	67.82	65.18	54.98	44.48	38.71	38
Total Common Shares Outstanding	67.71	64.41	54.94	42.79	38.06	33.54
Working Capital	110.47	80.74	68.05	53.24	61.12	44.02
Book Value Per Share	1.70	1.31	1.28	1.29	1.65	1.32
Tangible Book Value	113.1	82.81	70.14	55.06	62.8	44.22
Tangible Book Value Per Share	1.67	1.29	1.28	1.29	1.65	1.32

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q