Picard Medical, Inc. (PMI)

NYSEAMERICAN: PMI · Real-Time Price · USD

4.560

+0.070 (1.56%)

At close: Sep 4, 2026, 4:00 PM EDT

4.570

+0.010 (0.22%)

After-hours: Sep 4, 2026, 8:00 PM EDT

Picard Medical Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	0.04	7.45	0.1	0.24	0.15
Cash & Short-Term Investments	0.04	7.45	0.1	0.24	0.15
Cash Growth	-90.73%	7661.46%	-60.66%	60.53%	-
Accounts Receivable	0.61	0.62	0.51	0.63	0.88
Other Receivables	-	-	0.11	-	2.76
Receivables	0.61	0.76	0.63	0.74	3.64
Inventory	5.97	7.3	8.12	6.89	7.33
Prepaid Expenses	0.97	1.22	0.96	0.88	1
Restricted Cash	-	4	-	-	-
Total Current Assets	7.59	20.73	9.79	8.76	12.12
Property, Plant & Equipment	0.5	0.7	1.1	1.31	1.93
Goodwill	0.62	0.62	0.62	0.62	0.62
Other Intangible Assets	0.47	0.51	0.6	0.68	0.77
Total Assets	9.17	22.55	12.11	11.37	15.44

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Accounts Payable	3.32	2.08	5.29	3.08	1.39
Accrued Expenses	0.96	1.36	2.37	1.76	0.72
Short-Term Debt	1.27	6.45	5.15	4.06	0.62
Current Portion of Long-Term Debt	-	-	14.83	-	-
Current Portion of Leases	0.31	0.46	0.43	0.31	0.27
Other Current Liabilities	1.59	8.34	7.25	-	-
Total Current Liabilities	7.45	18.7	35.33	9.21	3
Long-Term Debt	-	-	-	4.28	-
Long-Term Leases	-	0.06	0.52	0.76	1.07
Other Long-Term Liabilities	-	-	-	0.67	-
Total Liabilities	7.45	18.76	35.84	14.93	4.07

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Common Stock	-	0.01	0	0	-
Additional Paid-In Capital	91.57	80.4	5.56	4.68	3.92
Retained Earnings	-90.12	-76.84	-49.84	-28.79	-13.22
Comprehensive Income & Other	0.27	0.23	0.28	0.29	0.4
Total Common Equity	1.72	3.79	-44	-23.82	-8.9
Shareholders' Equity	1.72	3.79	-23.74	-3.55	11.37
Total Liabilities & Equity	9.17	22.55	12.11	11.37	15.44

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Total Debt	1.58	6.98	20.93	9.41	1.96
Net Cash (Debt)	-1.54	0.48	-20.83	-9.17	-1.81
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-1.04	0.66	-131.12	-57.70	-16.16
Filing Date Shares Outstanding	2.34	1.5	0.17	0.16	0.11
Total Common Shares Outstanding	2.06	1.47	0.16	0.16	0.11
Working Capital	0.14	2.03	-25.53	-0.45	9.12
Book Value Per Share	0.83	2.57	-276.96	-149.91	-79.55
Tangible Book Value	0.64	2.67	-45.21	-25.12	-10.28
Tangible Book Value Per Share	0.31	1.81	-284.58	-158.09	-91.95
Machinery	0.71	0.68	0.65	0.72	0.9
Leasehold Improvements	0.1	0.1	0.1	0.1	0.1

SEC Filings: 10-K · 10-Q