SHOULDER INNOVATIONS, INC.
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
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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.
Jun 30, 2026 · Filed Aug 6, 2026
SI$21.46+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $24,460 | $26,871 |
| Marketable securities | 74,533 | 97,434 |
| Trade accounts receivable, net of allowance for credit losses | 10,873 | 8,268 |
| Inventories, net | 22,920 | 21,591 |
| Prepaid expenses | 2,329 | 1,518 |
| Other current assets | 2,292 | 1,483 |
| Total current assets | 137,407 | 157,165 |
| Property and equipment, net | 14,498 | 12,532 |
| Operating lease right-of-use asset | 69 | 110 |
| Other assets | 33 | — |
| Intangible assets, net | — | 100 |
| Total assets | $152,007 | $169,907 |
| Liabilities, convertible preferred stock, and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable ($1,378 and $1,220 to related parties, respectively) | $5,931 | $8,874 |
| Current operating lease obligations | 37 | 62 |
| Accrued liabilities ($0 and $575 to related parties, respectively) | 6,864 | 5,259 |
| Total current liabilities | 12,832 | 14,195 |
| Long-term liabilities | ||
| Long-term debt | 14,813 | 14,911 |
| Other long-term liabilities | 34 | 51 |
| Total long-term liabilities | 14,847 | 14,962 |
| Total liabilities | $27,679 | $29,157 |
| Commitments and contingencies (note 8) | ||
| Stockholders’ equity | ||
| Common stock, $0.001 par value, 730,000,000 shares authorized and 20,822,472 and 20,623,457 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | $21 | $21 |
| Preferred stock, $0.001 par value, 20,000,000 shares authorized and no shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | — | — |
| Additional paid-in capital | 240,343 | 238,012 |
| Accumulated deficit | (115,932) | (97,400) |
| Accumulated other comprehensive income (loss) | (104) | 117 |
| Total stockholders’ equity | 124,328 | 140,750 |
| Total liabilities, convertible preferred stock, and stockholders’ equity | $152,007 | $169,907 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.