Picard Medical, Inc. (PMI)

Picard Medical Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.69	0.1	0.24	0.15
Cash & Short-Term Investments	0.69	0.1	0.24	0.15
Cash Growth	67.81%	-60.66%	60.53%	-
Accounts Receivable	0.01	0.51	0.63	0.88
Other Receivables	-	0.11	0.11	2.76
Receivables	0.12	0.63	0.74	3.64
Inventory	8.04	8.12	6.89	7.33
Prepaid Expenses	0.93	0.96	0.88	1
Total Current Assets	9.78	9.79	8.76	12.12
Property, Plant & Equipment	1	1.1	1.31	1.93
Goodwill	0.62	0.62	0.62	0.62
Other Intangible Assets	0.57	0.6	0.68	0.77
Total Assets	11.96	12.11	11.37	15.44
Accounts Payable	5.52	5.29	3.08	1.39
Accrued Expenses	3.18	2.86	1.76	0.72
Short-Term Debt	6.5	5.15	4.06	0.62
Current Portion of Long-Term Debt	15.48	14.83	-	-
Current Portion of Leases	0.43	0.43	0.31	0.27
Other Current Liabilities	9.11	6.76	-	-
Total Current Liabilities	40.21	35.33	9.21	3
Long-Term Debt	-	-	4.28	-
Long-Term Leases	0.41	0.52	0.76	1.07
Other Long-Term Liabilities	-	-	0.67	-
Total Liabilities	40.62	35.84	14.93	4.07
Common Stock	0	0	0	-
Additional Paid-In Capital	6.2	5.56	4.68	3.92
Retained Earnings	-55.4	-49.84	-28.79	-13.22
Comprehensive Income & Other	0.28	0.28	0.29	0.4
Total Common Equity	-48.92	-44	-23.82	-8.9
Shareholders' Equity	-28.66	-23.74	-3.55	11.37
Total Liabilities & Equity	11.96	12.11	11.37	15.44
Total Debt	22.81	20.93	9.41	1.96
Net Cash (Debt)	-22.13	-20.83	-9.17	-1.81
Net Cash Per Share	-2.78	-2.62	-1.15	-0.32
Filing Date Shares Outstanding	8.3	8.3	7.94	5.59
Total Common Shares Outstanding	8.3	7.94	7.94	5.59
Working Capital	-30.44	-25.53	-0.45	9.12
Book Value Per Share	-5.90	-5.54	-3.00	-1.59
Tangible Book Value	-50.11	-45.21	-25.12	-10.28
Tangible Book Value Per Share	-6.04	-5.69	-3.16	-1.84
Machinery	0.65	0.65	0.72	0.9
Leasehold Improvements	0.1	0.1	0.1	0.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q