KORU Medical Systems, Inc. (KRMD)

KORU 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	8.81	11.48	17.41	25.33	27.32	5.87
Cash & Short-Term Investments	8.81	11.48	17.41	25.33	27.32	5.87
Cash Growth	-18.25%	-34.04%	-31.29%	-7.25%	365.26%	11.68%
Accounts Receivable	5.16	4.05	3.56	3.59	2.57	3.23
Other Receivables	0.07	0.03	0.97	0.72	-	-
Receivables	5.24	4.07	4.53	4.31	2.57	3.23
Inventory	3.93	3.48	6.4	6.11	6.83	2.39
Prepaid Expenses	0.96	1.22	1.46	1.57	0.81	0.39
Total Current Assets	18.93	20.26	29.8	37.32	37.53	11.88
Property, Plant & Equipment	7.62	7.35	7.67	1.2	1.4	0.99
Other Intangible Assets	0.75	0.75	0.79	0.81	0.84	0.81
Long-Term Deferred Tax Assets	-	-	3.97	1.94	0.13	0.19
Other Long-Term Assets	0.1	0.1	0.1	0.02	0.02	0.02
Total Assets	27.39	28.46	42.33	41.29	39.92	13.88
Accounts Payable	1.67	0.98	2.39	1.23	0.62	0.57
Accrued Expenses	3.56	2.17	3.43	2.87	2.9	1.49
Short-Term Debt	0.4	0.31	0.43	0.51	-	-
Current Portion of Leases	0.51	0.48	0.44	0.1	0.14	0.14
Current Income Taxes Payable	-	-	-	-	-	0.2
Other Current Liabilities	0.18	0.51	0.26	0.09	-	-
Total Current Liabilities	6.32	4.45	6.96	4.79	3.67	2.41
Long-Term Leases	3.33	3.65	4.05	-	0.1	0.24
Total Liabilities	9.66	8.11	11.01	4.79	3.76	2.65
Common Stock	0.49	0.49	0.49	0.48	0.47	0.42
Additional Paid-In Capital	48.94	47.02	44.25	40.77	35.88	6.29
Retained Earnings	-27.82	-23.31	-9.57	-0.91	3.65	4.86
Treasury Stock	-3.88	-3.84	-3.84	-3.84	-3.84	-0.34
Shareholders' Equity	17.73	20.35	31.33	36.5	36.16	11.24
Total Liabilities & Equity	27.39	28.46	42.33	41.29	39.92	13.88
Total Debt	4.24	4.45	4.93	0.6	0.24	0.38
Net Cash (Debt)	4.56	7.04	12.48	24.73	27.08	5.49
Net Cash Growth	-25.78%	-43.63%	-49.52%	-8.66%	393.25%	4.42%
Net Cash Per Share	0.10	0.15	0.28	0.56	0.65	0.14
Filing Date Shares Outstanding	45.84	45.71	45.52	44.67	44.48	39.69
Total Common Shares Outstanding	45.84	45.67	45.44	44.62	43.26	39.5
Working Capital	12.6	15.8	22.84	32.53	33.86	9.48
Book Value Per Share	0.39	0.45	0.69	0.82	0.84	0.28
Tangible Book Value	16.99	19.6	30.54	35.69	35.31	10.43
Tangible Book Value Per Share	0.37	0.43	0.67	0.80	0.82	0.26
Machinery	-	4.61	4.27	2.86	2.61	1.98
Leasehold Improvements	-	1.95	2.41	0.56	0.54	0.46

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