Vericel Corp

For the period ended Sep 30, 2025. Filed Nov 6, 2025.

About this filing

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 6, 2025

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

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Contents

Condensed Consolidated Statements of Shareholders’ Equity

Common Stock · Accumulated Other Comprehensive Gain · Accumulated Deficit · Total Shareholders’ Equity
Shares · Amount
BALANCE, DECEMBER 31, 2024	49,628	$684,778	$4	$(392,815)	$291,967
Net loss	—	—	—	(11,246)	(11,246)
Stock-based compensation expense	—	11,505	—	—	11,505
Stock option exercises	398	9,158	—	—	9,158
Shares issued under the Employee Stock Purchase Plan	7	251	—	—	251
Issuance of stock for restricted stock unit vesting	332	—	—	—	—
Restricted stock withheld for employee tax remittance	(113)	(6,280)	—	—	(6,280)
Unrealized gain on investments	—	—	132	—	132
BALANCE, MARCH 31, 2025	50,252	$699,412	$136	$(404,061)	$295,487
Net loss	—	—	—	(553)	(553)
Stock-based compensation expense	—	10,140	—	—	10,140
Stock option exercises	147	1,320	—	—	1,320
Shares issued under the Employee Stock Purchase Plan	13	468	—	—	468
Issuance of stock for restricted stock unit vesting	33	—	—	—	—
Restricted stock withheld for employee tax remittance	(4)	(100)	—	—	(100)
Unrealized gain on investments	—	—	47	—	47
BALANCE, JUNE 30, 2025	50,441	$711,240	$183	$(404,614)	$306,809
Net income	—	—	—	5,074	5,074
Stock-based compensation expense	—	8,699	—	—	8,699
Stock option exercises	84	1,097	—	—	1,097
Shares issued under the Employee Stock Purchase Plan	10	385	—	—	385
Issuance of stock for restricted stock unit vesting	22	—	—	—	—
Restricted stock withheld for employee tax remittance	(7)	(281)	—	—	(281)
Unrealized gain on investments	—	—	75	—	75
BALANCE, SEPTEMBER 30, 2025	50,550	$721,140	$258	$(399,540)	$321,858

Common Stock · Accumulated Other Comprehensive (Loss) Gain · Accumulated Deficit · Total Shareholders’ Equity
Shares · Amount
BALANCE, DECEMBER 31, 2023	47,829	$629,229	$(100)	$(403,177)	$225,952
Net loss	—	—	—	(3,862)	(3,862)
Stock-based compensation expense	—	9,834	—	—	9,834
Stock option exercises	487	6,779	—	—	6,779
Shares issued under the Employee Stock Purchase Plan	9	247	—	—	247
Issuance of stock for restricted stock unit vesting	265	—	—	—	—
Restricted stock withheld for employee tax remittance	(101)	(4,909)	—	—	(4,909)
Unrealized loss on investments	—	—	(145)	—	(145)
BALANCE, MARCH 31, 2024	48,489	$641,180	$(245)	$(407,039)	$233,896
Net loss	—	—	—	(4,682)	(4,682)
Stock-based compensation expense	—	9,520	—	—	9,520
Stock option exercises	329	4,020	—	—	4,020
Shares issued under the Employee Stock Purchase Plan	14	414	—	—	414
Issuance of stock for restricted stock unit vesting	34	—	—	—	—
Restricted stock withheld for employee tax remittance	(4)	(163)	—	—	(163)
Unrealized loss on investments	—	—	(28)	—	(28)
BALANCE, JUNE 30, 2024	48,862	$654,971	$(273)	$(411,721)	$242,977
Net loss	—	—	—	(901)	(901)
Stock-based compensation expense	—	9,224	—	—	9,224
Stock option exercises	382	5,442	—	—	5,442
Shares issued under the Employee Stock Purchase Plan	9	353	—	—	353
Issuance of stock for restricted stock unit vesting	16	—	—	—	—
Restricted stock withheld for employee tax remittance	(4)	(255)	—	—	(255)
Unrealized gain on investments	—	$—	$632	$—	$632
BALANCE, SEPTEMBER 30, 2024	49,265	$669,735	$359	$(412,622)	$257,472

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.