Axogen, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $35.5M | $27.6M | $31.0M | $15.3M | $32.8M | $48.8M | $35.7M | $24.3M |
| Accounts Receivable | $26.2M | $24.1M | $25.1M | $22.2M | $18.2M | $17.6M | $16.9M | $15.3M |
| Inventory | $42.4M | $33.2M | $23.0M | $18.9M | $16.7M | $12.5M | $13.9M | $12.0M |
| Total Current Assets | $120.4M | $99.2M | $88.0M | $98.1M | $127.0M | $145.3M | $135.0M | $151.0M |
| Property, Plant & Equipment | — | — | — | — | $62.9M | $38.4M | $14.9M | $8.0M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $6.8M | $5.6M | $4.5M | $3.6M | $2.9M | $2.1M | $1.5M | $1.2M |
| Total Assets | $221.7M | $203.7M | $196.8M | $195.4M | $208.0M | $201.4M | $154.6M | $160.2M |
| Liabilities | ||||||||
| Accounts Payable | $2.9M | $8.0M | $11.8M | $9.0M | $5.9M | $4.6M | $8.3M | $4.5M |
| Total Current Liabilities | $23.6M | $30.6M | $30.4M | $23.8M | $24.3M | $22.8M | $20.9M | $13.0M |
| Long-Term Debt | $48.4M | $47.5M | $46.6M | $45.7M | $44.8M | $32.0M | $0 | $35.0K |
| Total Liabilities | $92.8M | $99.8M | $101.2M | $94.4M | $95.5M | $78.2M | $22.5M | $13.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-307.0M | $-291.3M | $-281.3M | $-259.6M | $-230.6M | $-203.6M | $-179.9M | $-150.7M |
| Total Stockholders' Equity | $128.8M | $103.9M | $95.7M | $101.0M | $112.6M | $123.1M | $132.2M | $147.0M |