Inspire Medical Systems, Inc. (INSP)

Inspire Medical Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	150.15	185.54	441.59	214.47	190.52
Short-Term Investments	295.4	274.84	9.82	-	43.84
Cash & Short-Term Investments	445.55	460.38	451.41	214.47	234.36
Cash Growth	-3.22%	1.98%	110.48%	-8.49%	56.80%
Receivables	93.07	89.88	61.23	34.18	25.06
Inventory	80.12	33.89	11.89	17.23	8.48
Prepaid Expenses	12.07	9.6	5.51	2.66	1.97
Total Current Assets	630.81	593.74	530.03	268.54	269.87
Property, Plant & Equipment	95.24	62.65	24.13	16.41	11.12
Long-Term Investments	81.6	19.54	10.5	9.94	-
Other Long-Term Assets	0.74	0.88	0.22	0.2	0.2
Total Assets	808.38	676.81	564.88	295.08	281.19
Accounts Payable	40.3	39.42	26.85	11.67	7.21
Accrued Expenses	45.52	37.59	32.08	19.67	13.36
Current Portion of Long-Term Debt	-	-	-	9.19	-
Current Portion of Leases	1.75	-	1.34	0.31	-
Other Current Liabilities	0.93	1.1	0.92	0.47	0.16
Total Current Liabilities	88.5	78.11	61.19	41.31	20.73
Long-Term Debt	-	-	-	15.8	24.75
Long-Term Leases	30.04	24.85	7.54	8.8	5.89
Other Long-Term Liabilities	0.15	1.35	0.15	0.13	0.09
Total Liabilities	118.69	104.3	68.87	66.04	51.44
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	981.04	917.11	820.34	508.47	467.04
Retained Earnings	-291.91	-345.42	-324.27	-279.39	-237.35
Comprehensive Income & Other	0.54	0.8	-0.09	-0.06	0.03
Total Common Equity	689.7	572.51	496.01	229.05	229.75
Shareholders' Equity	689.7	572.51	496.01	229.05	229.75
Total Liabilities & Equity	808.38	676.81	564.88	295.08	281.19
Total Debt	31.79	24.85	8.87	34.1	30.63
Net Cash (Debt)	413.75	435.53	442.54	180.37	203.73
Net Cash Growth	-5.00%	-1.58%	145.35%	-11.46%	64.15%
Net Cash Per Share	13.55	14.86	15.76	6.62	7.81
Filing Date Shares Outstanding	29.67	29.59	29.05	27.53	27.13
Total Common Shares Outstanding	29.74	29.56	29.01	27.42	27.07
Working Capital	542.31	515.63	468.85	227.23	249.14
Book Value Per Share	23.19	19.37	17.10	8.35	8.49
Tangible Book Value	689.7	572.51	496.01	229.05	229.75
Tangible Book Value Per Share	23.19	19.37	17.10	8.35	8.49
Machinery	34.1	9.42	8.24	6.08	3.84
Construction In Progress	24.98	33.21	11.86	5.18	3.13
Leasehold Improvements	10.06	2.36	2.06	0.28	0.19

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q