TREACE MEDICAL CONCEPTS, INC.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
TMCI$4.03-3.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
(in thousands, except share and per share amounts)
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $8,052 | $11,350 |
| Marketable securities, short-term | 61,237 | 64,327 |
| Accounts receivable, net of allowance for credit losses of $1,562 and $1,326 as of June 30, 2025 and December 31, 2024, respectively | 30,333 | 40,803 |
| Inventories | 42,397 | 39,255 |
| Prepaid expenses and other current assets | 5,583 | 5,667 |
| Total current assets | 147,602 | 161,402 |
| Property and equipment, net | 29,708 | 25,953 |
| Intangible assets, net of accumulated amortization of $1,900 and $1,425 as of June 30, 2025 and December 31, 2024, respectively | 7,600 | 8,075 |
| Goodwill | 12,815 | 12,815 |
| Operating lease right-of-use assets | 8,042 | 8,442 |
| Other non-current assets | 676 | 407 |
| Total assets | $206,443 | $217,094 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $19,959 | $10,522 |
| Accrued liabilities | 6,192 | 7,197 |
| Accrued commissions | 5,328 | 10,121 |
| Accrued compensation | 7,064 | 6,575 |
| Other liabilities | 3,357 | 510 |
| Total current liabilities | 41,900 | 34,925 |
| Long-term debt, net | 53,454 | 53,306 |
| Operating lease liabilities, net of current portion | 13,437 | 15,934 |
| Other long-term liabilities | 37 | 37 |
| Total liabilities | 108,828 | 104,202 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 0 shares issued as of June 30, 2025 and December 31, 2024 | — | — |
| Common stock, $0.001 par value, 300,000,000 shares authorized; 63,120,204 and 62,385,101 shares issued as of June 30, 2025 and December 31, 2024, respectively | 63 | 62 |
| Additional paid-in capital | 321,508 | 303,004 |
| Accumulated deficit | (223,310) | (189,990) |
| Accumulated other comprehensive (loss) income | 50 | 97 |
| Treasury stock, at cost; 77,890 and 23,391 shares as of June 30, 2025 and December 31, 2024, respectively | (696) | (281) |
| Total stockholders’ equity | 97,615 | 112,892 |
| Total liabilities and stockholders’ equity | $206,443 | $217,094 |
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