CorMedix Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	144.84	40.65	43.64	43.15	53.32
Short-Term Investments	3.69	11.04	32.39	15.64	12.15
Cash & Short-Term Investments	148.53	51.69	76.03	58.79	65.47
Cash Growth	187.36%	-32.02%	29.32%	-10.20%	41.24%
Accounts Receivable	171.23	51.65	-	-	0.05
Inventory	29.72	7.6	2.11	-	0
Other Current Assets	17.57	3.63	1.31	0.76	0.95
Total Current Assets	367.05	114.58	79.45	59.55	66.47
Net Property, Plant & Equipment	9.93	2.32	2.51	2.38	2.37
Other Intangible Assets	379.07	1.84	-	-	-
Goodwill	30	-	-	-	-
Other Long-Term Assets	40.09	0.11	0.1	0.1	0.1
Total Assets	826.14	118.85	82.06	62.04	68.95
Accounts Payable	7.88	1.72	4.28	2.2	2.21
Accrued Expenses	161.92	31.95	6.97	3.97	3.01
Current Portion of Leases	1.45	0.17	0.15	0.13	0.12
Other Current Liabilities	3.02	-	-	-	-
Total Current Liabilities	174.27	33.84	11.4	6.31	5.35
Long-Term Debt	144.63	-	-	-	-
Long-Term Leases	2.84	0.35	0.52	0.67	0.8
Other Long-Term Liabilities	99.1	-	-	-	-
Total Long-Term Liabilities	246.57	0.35	0.52	0.67	0.8
Total Liabilities	420.84	34.19	11.92	6.98	6.15
Preferred Stock	-	-	0	0	0
Common Stock	0.08	0.06	0.05	0.04	0.04
Additional Paid-in Capital	581.8	424.13	391.69	330.29	308.33
Accumulated Other Comprehensive Income	0	0.09	0.09	0.08	0.09
Retained Earnings	-176.58	-339.63	-321.7	-275.36	-245.66
Shareholders' Equity	405.31	84.66	70.14	55.06	62.8
Total Liabilities & Equity	826.14	118.85	82.06	62.04	68.95
Total Debt	148.91	0.52	0.67	0.8	0.92
Net Cash (Debt)	-0.38	51.17	75.36	57.99	64.54
Net Cash Growth	-	-32.10%	29.96%	-10.15%	42.43%
Net Cash Per Share	-0.01	0.87	1.48	1.44	1.71
Book Value	405.31	84.66	70.14	55.06	62.8
Book Value Per Share	5.05	1.44	1.38	1.37	1.67
Tangible Book Value	-3.77	82.81	70.14	55.06	62.8
Tangible Book Value Per Share	-0.05	1.41	1.38	1.37	1.67

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

SEC Filings: 10-K · 10-Q