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CorMedix CRMD Employee and contracted employee expense — Total research and development

Other segment segments

Other research and development
$4.87M+133%

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Other financials

Income statement

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Revenue$127.4M+226%
Gross profit$115.4M+207%
Operating income$63.7M+216%
Net income$38.6M+87.0%
EPS (diluted)$0.43+43.3%

Balance sheet

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Cash & equivalents$179.1M+170%
Total debt$4.3M+729%
Total equity$437.0M+280%
Total assets$815.6M+445%

Cash flow

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Operating cash flow$42.4M+115%
CapEx$729.0K+7,190%
Free cash flow$41.7M+111%

Valuation

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Market cap$605.65M-34.4%
P/E3.4×
P/S1.5×-9.6×

Profitability

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Gross margin91.9%-3.5pp
Operating margin48.4%
Net margin45.2%
FCF margin48.7%+38.8pp

Returns & leverage

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Return on equity65.6%
Debt / equity0.0×
Current ratio-1.2×

Where this comes from

Reported directly by CorMedix in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: CorMedix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's employee and contracted employee expense — total research and development?
CorMedix (CRMD) reported employee and contracted employee expense — total research and development of $2.34M in Q1 2026.
What does employee and contracted employee expense — total research and development mean?
This metric represents the total personnel-related costs, including salaries, benefits, and external contractor fees, specifically allocated to research and development activities. It reflects the company's investment in clinical trials, drug discovery, and regulatory compliance efforts. Monitoring this expense helps investors assess the company's commitment to pipeline innovation and the efficiency of its R&D operations.