Shoulder Innovations, Inc. (SI)

Shoulder Innovations Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	27.05	6.12	6.24
Short-Term Investments	12.58	8.92	26.58
Cash & Short-Term Investments	39.64	15.04	32.81
Cash Growth	-	-54.15%	-
Receivables	6.89	5.12	4.69
Inventory	17.08	13.96	9.92
Prepaid Expenses	0.69	0.43	0.42
Other Current Assets	4.62	0.57	-
Total Current Assets	68.91	35.13	47.85
Property, Plant & Equipment	8.67	7.56	5.75
Other Intangible Assets	0.25	0.4	0.7
Total Assets	77.83	43.08	54.29
Accounts Payable	5.37	4.05	1.27
Accrued Expenses	6.18	2.72	2.6
Current Portion of Leases	0.08	0.05	0.04
Other Current Liabilities	0.87	0.83	0.36
Total Current Liabilities	12.49	7.65	4.28
Long-Term Debt	14.78	14.66	14.35
Long-Term Leases	0.08	0.03	0.07
Total Liabilities	27.36	22.33	18.71
Common Stock	0	0	0
Additional Paid-In Capital	2.62	2.15	1.33
Retained Earnings	-80.9	-57.04	-41.42
Comprehensive Income & Other	0.08	0.2	0.36
Total Common Equity	-78.2	-54.7	-39.74
Shareholders' Equity	50.47	20.75	35.59
Total Liabilities & Equity	77.83	43.08	54.29
Total Debt	14.95	14.73	14.47
Net Cash (Debt)	24.69	0.31	18.35
Net Cash Growth	-	-98.29%	-
Net Cash Per Share	282.95	4.87	319.91
Filing Date Shares Outstanding	20.36	0.08	0.06
Total Common Shares Outstanding	2.84	0.08	0.06
Working Capital	56.42	27.48	43.57
Book Value Per Share	-27.54	-652.05	-692.84
Tangible Book Value	-78.45	-55.1	-40.44
Tangible Book Value Per Share	-27.63	-656.82	-705.04
Machinery	-	11.58	8.17
Leasehold Improvements	-	0.15	0.15

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

SEC Filings: 10-K · 10-Q