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CorMedix CRMD Current Debt

Discontinued — last reported Q4 '25

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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$583.68M-22.4%
P/E3.2×
P/S1.5×-4.7×

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:FinanceLeaseLiabilityCurrent.

The source filing: CorMedix’s 10-K, filed March 5, 2026.

Filed
Mar 5, 2026, 8:32 AM EST
Fiscal year
FY2025
Accession
0001213900-26-023889
Line itemDecember 31, 2025December 31, 2024
Accrued expenses161,92131,952
Contingent Consideration, short-term3,015-
Operating lease liabilities, short-term853168
Financing lease liability, short-term596-
Total current liabilities174,26933,840
Convertible senior notes, net of deferred financing costs144,626-
Contingent Consideration, net of current portion99,101-
Operating lease liabilities, net of current2,253349

Item 16. Form 10-K Summary

FAQ

What is CorMedix's current debt?
CorMedix (CRMD) reported current debt of $596K in Q4 2025.
What does current debt mean?
The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.

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