Neuronetics, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $28.1M | $18.5M | $59.7M | $70.3M | $94.1M | $49.0M | $75.7M | $104.6M |
| Accounts Receivable | $16.5M | $23.4M | $15.8M | $13.6M | $7.7M | $7.2M | $6.6M | $5.6M |
| Inventory | $4.3M | $4.2M | $8.1M | $8.9M | $6.6M | $3.7M | $2.8M | $2.4M |
| Total Current Assets | $61.6M | $58.1M | $93.8M | $98.8M | $115.3M | $65.0M | $88.5M | $114.5M |
| Property, Plant & Equipment | $4.5M | $6.2M | $2.0M | $2.0M | $1.2M | $730.0K | $1.1M | $1.4M |
| Goodwill | $23.6M | $18.6M | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $18.1M | $19.6M | — | — | — | — | — | — |
| Total Assets | $141.6M | $140.9M | $115.8M | $116.9M | $141.2M | $78.7M | $100.2M | $117.0M |
| Liabilities | ||||||||
| Accounts Payable | $10.7M | $11.1M | $4.8M | $2.4M | $4.3M | $3.7M | $4.6M | $3.8M |
| Total Current Liabilities | $30.5M | $31.3M | $19.8M | $33.2M | $15.7M | $13.7M | $27.7M | $13.6M |
| Long-Term Debt | $65.8M | $55.2M | $59.3M | $22.8M | $35.3M | $34.6M | $19.9M | $30.4M |
| Total Liabilities | $115.3M | $109.1M | $81.6M | $59.8M | $56.0M | $53.2M | $52.3M | $46.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-458.8M | $-419.8M | $-376.1M | $-345.9M | $-308.7M | $-277.5M | $-250.1M | $-221.0M |
| Total Stockholders' Equity | $22.4M | $27.7M | $34.2M | $57.1M | $85.2M | $25.5M | $47.9M | $71.0M |