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CorMedix CRMD Finance Lease Liabilities

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:FinanceLeaseLiabilityNoncurrent.

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
Convertible senior notes, net of deferred financing costs144,626-
Contingent Consideration, net of current portion99,101-
Operating lease liabilities, net of current2,253349
Finance lease liabilities, net of current586-
TOTAL LIABILITIES420,83534,189
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY
Preferred stock - $0.001 par value: 2,000,000 shares authorized; 91,623 and 136,623 shares issued and outstanding at December 31, 2025 and 2024, respectively--

Item 16. Form 10-K Summary

FAQ

What is CorMedix's finance lease liabilities?
CorMedix (CRMD) reported finance lease liabilities of $586K in Q4 2025.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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