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CorMedix CRMD Prepaid expenses and other current assets of restricted cash

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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 crmd:PrepaidExpensesAndOtherCurrentAssetsRestrictedCash.

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 prepaid expenses and other current assets of restricted cash?
CorMedix (CRMD) reported prepaid expenses and other current assets of restricted cash of $656K in Q1 2026.
What does prepaid expenses and other current assets of restricted cash mean?
This represents the portion of restricted cash classified as a current asset, typically held to satisfy specific contractual obligations or regulatory requirements within the next twelve months. It reflects liquidity that is not available for general corporate purposes, signaling potential constraints on working capital. Monitoring this helps investors understand the company's immediate cash availability for operational needs versus restricted commitments.