PAVmed Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
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FY2023 · Filed Mar 25, 2024
PAVM$1.63+3.8%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 number of shares and per share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash | $19,639 | $39,744 |
| Accounts receivable | 61 | 17 |
| Inventory | 278 | 111 |
| Prepaid expenses, deposits, and other current assets | 4,520 | 4,054 |
| Total current assets | 24,498 | 43,926 |
| Fixed assets, net | 1,783 | 2,451 |
| Operating lease right-of-use assets | 4,267 | 3,037 |
| Intangible assets, net | 1,424 | 3,445 |
| Other assets | 1,147 | 1,121 |
| Total assets | $33,119 | $53,980 |
| Liabilities, Preferred Stock and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,786 | $2,704 |
| Accrued expenses and other current liabilities | 6,626 | 3,705 |
| Operating lease liabilities, current portion | 1,565 | 1,141 |
| Senior Secured Convertible Notes - at fair value | 44,200 | 33,650 |
| Total current liabilities | 54,177 | 41,200 |
| Operating lease liabilities, less current portion | 2,960 | 1,846 |
| Total liabilities | 57,137 | 43,046 |
| Commitments and contingencies (Note 11) | - | - |
| Stockholders’ Equity: | ||
| Preferred stock, $0.001 par value. Authorized, 20,000,000 shares; Series B Convertible Preferred Stock, par value $0.001, issued and outstanding 1,305,213 at December 31, 2023 and 1,205,759 shares at December 31, 2022 | 2,993 | 2,695 |
| Common stock, $0.001 par value. Authorized, 50,000,000 shares; 8,578,505 and 6,300,703 shares outstanding as of December 31, 2023 and December 31, 2022, respectively | 9 | 6 |
| Additional paid-in capital | 237,600 | 216,195 |
| Accumulated deficit | (294,433) | (228,169) |
| Treasury stock | — | (408) |
| Total PAVmed Inc. Stockholders’ Equity (Deficit) | (53,831) | (9,681) |
| Noncontrolling interests | 29,813 | 20,615 |
| Total Stockholders’ Equity (Deficit) | (24,018) | 10,934 |
| Total Liabilities and Stockholders’ Equity (Deficit) | $33,119 | $53,980 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.