Evofem Biosciences, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 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.
Sep 30, 2025 · Filed Nov 13, 2025
EVFM$0.48-23.4%Stored close · as of Aug 10, 2022
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except par value and share data)
| As of | ||
|---|---|---|
| September 30, 2025 | December 31, 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents · $ · - · $ · - | ||
| Restricted cash | 840 | 741 |
| Trade accounts receivable, net | 4,435 | 9,832 |
| Inventories | 1,684 | 1,577 |
| Prepaid and other current assets | 959 | 1,459 |
| Total current assets | 7,918 | 13,609 |
| Property and equipment, net | 420 | 458 |
| Operating lease right-of-use assets | 195 | 89 |
| Intangible asset, net (Note 7) | 5,238 | 9,597 |
| Other noncurrent assets | 36 | 36 |
| Total assets | $13,807 | $23,789 |
| Liabilities, convertible and redeemable preferred stock and stockholders’ deficit | ||
| Current liabilities: | ||
| Accounts payable | $11,624 | $16,172 |
| Notes - carried at fair value (Note 4) | 18,509 | 14,974 |
| Notes - carried at fair value - Related Party (Note 4) | 983 | - |
| Convertible notes, net - Adjuvant - Related Party (Note 4) | 32,167 | 30,769 |
| Short term debt | 291 | 135 |
| Accrued expenses | 1,363 | 5,509 |
| Accrued compensation | 3,609 | 3,494 |
| Operating lease liabilities – current | 124 | 82 |
| Derivative liabilities | 1,140 | 1,359 |
| Contingent liabilities - current (Note 7) | 215 | 592 |
| Other current liabilities | 8,161 | 7,362 |
| Total current liabilities | 78,186 | 80,448 |
| Operating lease liabilities - noncurrent | 72 | 7 |
| Contingent liabilities - noncurrent (Note 7) | 5,718 | 9,809 |
| Total liabilities | 83,976 | 90,264 |
| Commitments and contingencies (Note 7) | - | |
| Convertible and redeemable preferred stock, $0.0001 par value, senior to Common Stock | ||
| Series E-1, F-1 and G-1 convertible and redeemable preferred stock, 10,000, 95,000 and 5,000 shares authorized; 2,582 and 2,068 shares of E-1 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively; 26,280 shares of F-1 issued and outstanding at both September 30, 2025 and December 31, 2024 1,587 shares of G-1 issued and outstanding at September 30, 2025 and no such shares issued and outstanding at December 31, 2024 | 4,897 | 4,782 |
| Stockholders’ deficit: | ||
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at both September 30, 2025 and December 31, 2024 | - | - |
| Common Stock, $0.0001 par value; 3,000,000,000 shares authorized; 123,956,354 and 113,356,354 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 12 | 11 |
| Additional paid-in capital | 831,816 | 829,026 |
| Accumulated other comprehensive loss | (6,718) | (2,630) |
| Accumulated deficit | (900,176) | (897,664) |
| Total stockholders’ deficit | (75,066) | (71,257) |
| Total liabilities, convertible and redeemable preferred stock and stockholders’ deficit | $13,807 | $23,789 |
See accompanying notes to the condensed consolidated financial statements (unaudited).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.