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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	159.31	40.65	43.64	43.15	53.32	41.91
Short-Term Investments	31.4	11.04	32.39	15.64	12.15	4.44
Cash & Short-Term Investments	190.71	51.69	76.03	58.79	65.47	46.35
Cash Growth	318.13%	-32.02%	29.32%	-10.20%	41.24%	63.58%
Receivables	42.91	51.65	-	-	0.05	0
Inventory	9.63	7.6	2.11	-	0	0.14
Prepaid Expenses	4.61	3.39	0.76	0.62	0.77	1.41
Restricted Cash	-	-	0.08	0.12	0.13	0.19
Other Current Assets	0.18	0.24	0.47	0.01	0.05	0.08
Total Current Assets	248.06	114.58	79.45	59.55	66.47	48.18
Property, Plant & Equipment	2.05	2.32	2.51	2.38	2.37	1.13
Other Intangible Assets	1.74	1.84	-	-	-	-
Other Long-Term Assets	0.75	0.11	0.1	0.1	0.1	-
Total Assets	252.6	118.85	82.06	62.04	68.95	49.31
Accounts Payable	5.82	1.72	4.28	2.2	2.21	1.13
Accrued Expenses	25.2	29.95	6.97	3.97	3.01	2.92
Current Portion of Leases	0.18	0.17	0.15	0.13	0.12	0.11
Current Income Taxes Payable	0.52	-	-	-	-	-
Other Current Liabilities	-	2	-	-	-	-
Total Current Liabilities	31.71	33.84	11.4	6.31	5.35	4.16
Long-Term Leases	0.26	0.35	0.52	0.67	0.8	0.92
Total Liabilities	31.97	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	519.63	424.13	391.69	330.29	308.33	261.54
Retained Earnings	-299.16	-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	220.63	84.66	70.14	55.06	62.8	44.22
Shareholders' Equity	220.63	84.66	70.14	55.06	62.8	44.22
Total Liabilities & Equity	252.6	118.85	82.06	62.04	68.95	49.31
Total Debt	0.44	0.52	0.67	0.8	0.92	1.03
Net Cash (Debt)	190.28	51.17	75.36	57.99	64.54	45.32
Net Cash Growth	322.69%	-32.10%	29.96%	-10.15%	42.43%	59.96%
Net Cash Per Share	2.92	0.87	1.48	1.44	1.71	1.59
Filing Date Shares Outstanding	74.65	65.18	54.98	44.48	38.71	38
Total Common Shares Outstanding	74.62	64.41	54.94	42.79	38.06	33.54
Working Capital	216.35	80.74	68.05	53.24	61.12	44.02
Book Value Per Share	2.96	1.31	1.28	1.29	1.65	1.32
Tangible Book Value	218.89	82.81	70.14	55.06	62.8	44.22
Tangible Book Value Per Share	2.93	1.29	1.28	1.29	1.65	1.32

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q