TREACE MEDICAL CONCEPTS INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
TMCI$4.78+18.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(in thousands, except share and per share amounts)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $11,350 | $12,982 |
| Marketable securities, short-term | 64,327 | 110,216 |
| Accounts receivable, net of allowance for credit losses of $1,326 and $980 as of December 31, 2024 and December 31, 2023, respectively | 40,803 | 38,063 |
| Inventories | 39,255 | 29,245 |
| Prepaid expenses and other current assets | 5,667 | 7,853 |
| Total current assets | 161,402 | 198,359 |
| Property and equipment, net | 25,953 | 22,298 |
| Intangible assets, net of accumulated amortization of $1,425 and $475 as of December 31, 2024 and December 31, 2023, respectively | 8,075 | 9,025 |
| Goodwill | 12,815 | 12,815 |
| Operating lease right-of-use assets | 8,442 | 9,264 |
| Other non-current assets | 407 | 146 |
| Total assets | $217,094 | $251,907 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $10,522 | $11,835 |
| Accrued liabilities | 7,197 | 10,458 |
| Accrued commissions | 10,121 | 10,759 |
| Accrued compensation | 6,575 | 7,549 |
| Other liabilities | 510 | 4,432 |
| Total current liabilities | 34,925 | 45,033 |
| Long-term debt | 53,306 | 53,008 |
| Operating lease liabilities, net of current portion | 15,934 | 15,891 |
| Other long-term liabilities | 37 | 37 |
| Total liabilities | 104,202 | 113,969 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 0 shares issued as of December 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value, 300,000,000 shares authorized; 62,385,101 and 61,749,654 shares issued as of December 31, 2024 and December 31, 2023, respectively | 62 | 62 |
| Additional paid-in capital | 303,004 | 271,973 |
| Accumulated deficit | (189,990) | (134,247) |
| Accumulated other comprehensive income (loss) | 97 | 163 |
| Treasury stock, at cost; 23,391 and 1,218 shares as of December 31, 2024 and December 31, 2023, respectively | (281) | (13) |
| Total stockholders’ equity | 112,892 | 137,938 |
| Total liabilities and stockholders’ equity | $217,094 | $251,907 |
PTREACE MEDICAL CONCEPTS, INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.