Pulmonx Corp
For the period ended Dec 31, 2025. Filed Mar 10, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 10, 2026
LUNG$2.80+9.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $69,751 | $70,905 |
| Restricted cash | 258 | 257 |
| Short-term marketable securities | — | 30,577 |
| Accounts receivable, net | 12,072 | 13,120 |
| Inventory | 15,845 | 16,915 |
| Prepaid expenses and other current assets | 3,758 | 4,474 |
| Total current assets | 101,684 | 136,248 |
| Long-term inventory | 3,604 | 1,681 |
| Property and equipment, net | 2,220 | 2,907 |
| Goodwill | 2,333 | 2,333 |
| Right of use assets | 18,028 | 18,545 |
| Other long-term assets | 1,422 | 1,136 |
| Total assets | $129,291 | $162,850 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $3,905 | $3,827 |
| Accrued liabilities | 14,556 | 16,472 |
| Income taxes payable | 263 | 49 |
| Deferred revenue | 18 | 135 |
| Short-term debt | 106 | 3,176 |
| Current lease liabilities | 1,210 | 778 |
| Total current liabilities | 20,058 | 24,437 |
| Deferred tax liability | 69 | 87 |
| Long-term lease liabilities | 18,059 | 18,515 |
| Long-term debt | 36,989 | 34,002 |
| Total liabilities | 75,175 | 77,041 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ Equity | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | — |
| Common stock, $0.001 par value, 200,000,000 shares authorized; 41,673,648 shares and 39,785,969 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 42 | 40 |
| Additional paid-in capital | 573,272 | 551,211 |
| Accumulated other comprehensive income | 2,360 | 2,113 |
| Accumulated deficit | (521,558) | (467,555) |
| Total stockholders’ equity | 54,116 | 85,809 |
| Total liabilities and stockholders’ equity | $129,291 | $162,850 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.