Vericel Corp

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About this filing

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.

FY2024 · Filed Feb 27, 2025

VCEL$58.39+6.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

Table of Contents

	December 31,
	2024	2023
ASSETS
Current assets:
Cash and cash equivalents	$74,520	$69,088
Restricted cash	10,529	17,778
Short-term investments	41,693	40,469
Accounts receivable (net of allowance for doubtful accounts of $10 and $43, respectively)	61,375	58,356
Inventory	17,373	13,087
Other current assets	7,287	6,853
Total current assets	212,777	205,631
Property and equipment, net	103,161	41,635
Intangible assets, net	6,250	6,875
Right-of-use assets	70,098	73,462
Long-term investments	39,880	25,283
Other long-term assets	556	771
Total assets	$432,722	$353,657
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$23,848	$22,347
Accrued expenses	17,065	17,215
Current portion of operating lease liabilities	9,257	6,187
Other current liabilities	116	—
Total current liabilities	50,286	45,749
Operating lease liabilities	89,593	81,856
Other long-term liabilities	876	100
Total liabilities	140,755	127,705
COMMITMENTS AND CONTINGENCIES (Note 14)
Shareholders’ equity:
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 49,628 and 47,829, respectively	684,778	629,229
Accumulated other comprehensive loss	4	(100)
Accumulated deficit	(392,815)	(403,177)
Total shareholders’ equity	291,967	225,952
Total liabilities and shareholders’ equity	$432,722	$353,657

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.