IRIDEX Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Cash & Equivalents	5.57	2.39	7.03	13.92	23.85	11.63
Cash & Short-Term Investments	5.57	2.39	7.03	13.92	23.85	11.63
Cash Growth	44.38%	-66.06%	-49.48%	-41.63%	105.16%	-8.12%
Receivables	9.53	8.39	9.65	9.77	9.72	7.29
Inventory	7.3	10.82	9.91	10.61	7.61	5.71
Prepaid Expenses	1.66	1.96	0.86	1.47	1.07	0.73
Total Current Assets	24.07	23.56	27.45	35.77	42.25	25.36
Property, Plant & Equipment	1.06	1.91	2.98	2.13	2.99	1.88
Goodwill	0.97	0.97	0.97	0.97	0.97	0.53
Other Intangible Assets	1.06	1.31	1.64	1.98	2.21	0.07
Other Long-Term Assets	1.2	1.39	1.4	1.46	0.27	0.13
Total Assets	28.35	29.14	34.44	42.29	48.69	27.97
Accounts Payable	4.62	7.59	4.73	3.87	3.4	1.15
Accrued Expenses	2.52	2	3.52	3.93	4.69	2.96
Current Portion of Long-Term Debt	-	1.73	-	-	-	1.25
Current Portion of Leases	1.03	1.09	1	1.04	0.93	1.41
Current Income Taxes Payable	-	0.15	0.1	0.07	0.07	-
Current Unearned Revenue	2.21	2.18	2.4	2.41	2.36	0.94
Other Current Liabilities	2.01	1.81	1.23	1.14	1.2	0.98
Total Current Liabilities	12.39	16.56	12.97	12.45	12.65	8.68
Long-Term Debt	3.71	1	-	-	-	1.25
Long-Term Leases	0.05	0.81	1.75	0.73	1.73	0.28
Long-Term Unearned Revenue	7.21	8.35	10.03	11.74	10.93	0.29
Other Long-Term Liabilities	0.32	0.31	0.16	0.13	0.08	0.1
Total Liabilities	23.67	27.04	24.91	25.06	25.39	10.6
Common Stock	0.17	0.17	0.17	0.17	0.17	0.15
Additional Paid-In Capital	90.78	89.88	88.44	86.8	85.26	74.18
Retained Earnings	-92.26	-88.01	-79.04	-69.72	-62.17	-56.94
Comprehensive Income & Other	-0.01	0.05	-0.05	-0.02	0.05	-0.02
Shareholders' Equity	4.68	2.1	9.52	17.23	23.3	17.37
Total Liabilities & Equity	28.35	29.14	34.44	42.29	48.69	27.97
Total Debt	4.79	4.64	2.75	1.77	2.66	4.19
Net Cash (Debt)	0.79	-2.26	4.29	12.15	21.2	7.44
Net Cash Growth	-	-	-64.72%	-42.66%	184.97%	-21.24%
Net Cash Per Share	0.05	-0.14	0.27	0.76	1.37	0.54
Filing Date Shares Outstanding	17.19	16.79	16.25	16.01	15.88	15.52
Total Common Shares Outstanding	17.05	16.64	16.25	15.99	15.88	13.9
Working Capital	11.67	7	14.48	23.31	29.61	16.68
Book Value Per Share	-0.08	0.13	0.59	1.08	1.47	1.25
Tangible Book Value	-3.35	-0.18	6.92	14.29	20.13	16.77
Tangible Book Value Per Share	-0.20	-0.01	0.43	0.89	1.27	1.21
Machinery	-	11.6	11.6	11.53	11.36	10.76
Leasehold Improvements	-	2.49	2.49	2.49	2.45	2.46

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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