Inspire Medical Systems, Inc. (INSP)

Inspire Medical Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	147.51	185.54	441.59	214.47	190.52	22.86
Short-Term Investments	263.48	274.84	9.82	-	43.84	126.61
Cash & Short-Term Investments	410.99	460.38	451.41	214.47	234.36	149.47
Cash Growth	-11.47%	1.99%	110.48%	-8.49%	56.80%	-20.59%
Receivables	89.74	89.88	61.23	34.18	25.06	13.13
Inventory	67.43	33.89	11.89	17.23	8.48	5.83
Prepaid Expenses	14.36	9.6	5.51	2.66	1.97	2.21
Total Current Assets	582.52	593.74	530.03	268.54	269.87	170.64
Property, Plant & Equipment	89.26	62.65	24.13	16.41	11.12	3.96
Long-Term Investments	123.83	19.54	10.5	9.94	-	6.28
Other Long-Term Assets	0.59	0.88	0.22	0.2	0.2	0.38
Total Assets	796.19	676.81	564.88	295.08	281.19	181.25
Accounts Payable	36.76	38.84	26.85	11.67	7.21	4.46
Accrued Expenses	36.57	38.17	32.08	19.67	13.36	11.57
Current Portion of Long-Term Debt	-	-	-	9.19	-	-
Current Portion of Leases	0.11	-	1.34	0.31	-	0.83
Other Current Liabilities	0.82	1.1	0.92	0.47	0.16	-
Total Current Liabilities	74.26	78.11	61.19	41.31	20.73	16.86
Long-Term Debt	-	-	-	15.8	24.75	24.52
Long-Term Leases	25.22	24.85	7.54	8.8	5.89	-
Other Long-Term Liabilities	0.15	1.35	0.15	0.13	0.09	0.04
Total Liabilities	99.63	104.3	68.87	66.04	51.44	41.42
Common Stock	0.03	0.03	0.03	0.03	0.03	0.02
Additional Paid-In Capital	1,022	917.11	820.34	508.47	467.04	319.87
Retained Earnings	-327.14	-345.42	-324.27	-279.39	-237.35	-180.16
Comprehensive Income & Other	1.7	0.8	-0.09	-0.06	0.03	0.1
Total Common Equity	696.56	572.51	496.01	229.05	229.75	139.84
Shareholders' Equity	696.56	572.51	496.01	229.05	229.75	139.84
Total Liabilities & Equity	796.19	676.81	564.88	295.08	281.19	181.25
Total Debt	25.33	24.85	8.87	34.1	30.63	25.35
Net Cash (Debt)	385.66	435.53	442.54	180.37	203.73	124.12
Net Cash Growth	-12.16%	-1.58%	145.35%	-11.47%	64.15%	-23.99%
Net Cash Per Share	12.73	14.86	15.76	6.62	7.81	5.21
Filing Date Shares Outstanding	29.97	29.59	29.05	27.53	27.13	24.13
Total Common Shares Outstanding	29.96	29.56	29.01	27.42	27.07	24.11
Working Capital	508.26	515.63	468.85	227.23	249.14	153.78
Book Value Per Share	23.25	19.37	17.10	8.35	8.49	5.80
Tangible Book Value	696.56	572.51	496.01	229.05	229.75	139.84
Tangible Book Value Per Share	23.25	19.37	17.10	8.35	8.49	5.80
Machinery	30.04	11.69	8.24	6.08	3.84	1.91
Construction In Progress	39.5	33.21	11.86	5.18	3.13	1.95
Leasehold Improvements	9.25	2.36	2.06	0.28	0.19	0.19

Source: S&P Capital IQ. Standard template. Financial Sources.