MiMedx Group Inc (MDXG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1775 W OAK COMMONS COURT, NE MARIETTA, GA 30062 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 69,037 | 48,487 | 82,000 | 81,164 | 68,652 | 61,221 | |||
| Cash and cash equivalents | 69,037 | 48,487 | 82,000 | 81,164 | 68,652 | 61,221 | |||
| Receivables | 52,798 | 57,016 | 53,871 | 49,005 | 48,963 | 44,694 | |||
| Inventory, net of allowances, customer advances and progress billings | 25,056 | 24,454 | 21,021 | 19,068 | 16,815 | 14,657 | |||
| Inventory | 25,056 | 24,454 | 21,021 | 19,068 | 16,815 | 14,657 | |||
| Prepaid expense | 4,030 | 6,095 | 5,624 | 2,954 | 3,683 | 8,824 | |||
| Other current assets | 3,097 | 2,801 | 1,745 | 2,311 | 3,110 | 2,306 | |||
| Total current assets: | 154,018 | 138,853 | 164,261 | 154,502 | 141,223 | 131,702 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 51 | ||||||||
| Operating lease, right-of-use asset | 3,175 | 3,499 | 2,132 | 2,441 | 2,742 | 3,066 | |||
| Intangible assets, net (including goodwill) | 31,488 | 31,991 | 24,698 | 24,836 | 25,006 | 25,682 | |||
| Goodwill | 19,441 | 19,441 | 19,441 | 19,441 | 19,441 | 19,976 | |||
| Intangible assets, net (excluding goodwill) | 12,047 | 12,550 | 5,257 | 5,395 | 5,565 | 5,706 | |||
| Deferred income tax assets | 33,441 | 38,747 | 40,777 | ||||||
| Other noncurrent assets | 1,239 | 1,251 | 205 | 149 | 146 | 147 | |||
| Other undisclosed noncurrent assets | 6,822 | 7,340 | 6,923 | 7,094 | 7,261 | 7,562 | |||
| Total noncurrent assets: | 76,165 | 82,828 | 74,786 | 34,520 | 35,155 | 36,457 | |||
| TOTAL ASSETS: | 230,183 | 221,681 | 239,047 | 189,022 | 176,378 | 168,159 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 16,884 | 18,893 | 18,409 | 18,614 | 20,795 | 20,864 | |||
| Accounts payable | 7,603 | 9,697 | 9,048 | 9,170 | 8,150 | 7,823 | |||
| Accrued liabilities | 9,281 | 9,196 | 9,361 | 9,444 | 12,645 | 13,041 | |||
| Debt | 1,000 | 1,000 | 53 | ||||||
| Disposal group, including discontinued operation | 217 | 344 | 1,352 | ||||||
| Business combination, contingent consideration, liability | 2,196 | ||||||||
| Other liabilities | 2,070 | 4,071 | 3,894 | 1,854 | 2,063 | 1,794 | |||
| Other undisclosed current liabilities | 17,645 | 17,913 | 22,300 | 23,159 | 21,602 | 18,212 | |||
| Total current liabilities: | 40,012 | 42,221 | 46,008 | 43,627 | 44,460 | 40,870 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 18,249 | 18,453 | 48,099 | 48,966 | 48,838 | 48,714 | |||
| Long-term debt, excluding current maturities | 18,249 | 18,453 | 48,099 | 48,966 | 48,838 | 48,714 | |||
| Liabilities, other than long-term debt | 3,882 | 5,276 | 2,223 | 2,605 | 3,252 | 4,027 | |||
| Other liabilities | 3,882 | 5,276 | 2,223 | 2,605 | 3,252 | 4,027 | |||
| Total noncurrent liabilities: | 22,131 | 23,729 | 50,322 | 51,571 | 52,090 | 52,741 | |||
| Total liabilities: | 62,143 | 65,950 | 96,330 | 95,198 | 96,550 | 93,611 | |||
| Temporary equity, carrying amount | 92,494 | 92,494 | 92,494 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 168,040 | 155,731 | 142,717 | 1,330 | (12,666) | (17,946) | |||
| Common stock | 147 | 148 | 146 | 116 | 116 | 115 | |||
| Treasury stock, value | (1) | ||||||||
| Additional paid in capital | 274,685 | 280,000 | 276,249 | 188,369 | 182,907 | 178,829 | |||
| Accumulated deficit | (106,792) | (124,417) | (133,678) | (187,155) | (195,689) | (196,889) | |||
| Total equity: | 168,040 | 155,731 | 142,717 | 1,330 | (12,666) | (17,946) | |||
| TOTAL LIABILITIES AND EQUITY: | 230,183 | 221,681 | 239,047 | 189,022 | 176,378 | 168,159 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 87,207 | 84,709 | 86,832 | 81,712 | 81,257 | 71,676 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (14,855) | (12,987) | (13,842) | (14,790) | (13,583) | (12,419) | ||
| Gross profit: | 72,352 | 71,722 | 72,990 | 66,922 | 67,674 | 59,257 | ||
| Operating expenses | (58,603) | (58,213) | (45,576) | (56,144) | (63,869) | (58,965) | ||
| Other undisclosed operating income (loss) | 9,701 | (311) | (524) | 38 | (1,017) | (3,673) | ||
| Operating income (loss): | 23,450 | 13,198 | 26,890 | 10,816 | 2,788 | (3,381) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (237) | (99) | 16 | (11) | (32) | 2 | ||
| Interest and debt expense | (1,401) | |||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (7) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 23,213 | 11,698 | 26,899 | 10,805 | 2,756 | (3,379) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 3 | (289) | (1,586) | (1,680) | (1,630) | (1,553) | ||
| Income (loss) from continuing operations before income taxes: | 23,216 | 11,409 | 25,313 | 9,125 | 1,126 | (4,932) | ||
| Income tax expense (benefit) | (5,595) | (2,348) | 37,375 | (591) | 74 | (51) | ||
| Net income (loss): | 17,621 | 9,061 | 62,688 | 8,534 | 1,200 | (4,983) | ||
| Other undisclosed net income (loss) attributable to parent | 4 | 200 | (9,211) | |||||
| Net income (loss) attributable to parent: | 17,625 | 9,261 | 53,477 | 8,534 | 1,200 | (4,983) | ||
| Preferred stock dividends and other adjustments | (6,459) | (1,773) | (1,728) | (1,684) | ||||
| Net income (loss) available to common stockholders, basic: | 17,625 | 9,261 | 47,018 | 6,761 | (528) | (6,667) | ||
| Convertible preferred dividends | 1,282 | 1,773 | ||||||
| Other undisclosed net income (loss) available to common stockholders, diluted | 11,650 | (1,773) | ||||||
| Net income (loss) available to common stockholders, diluted: | 17,625 | 9,261 | 59,950 | 6,761 | (528) | (6,667) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 17,621 | 9,061 | 62,688 | 8,534 | 1,200 | (4,983) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 17,621 | 9,061 | 62,688 | 8,534 | 1,200 | (4,983) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.