Axogen, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $30.0m $36.5m $24.3m $35.7m $48.8m $32.8m $15.3m $31.0m $27.6m $35.5m
Prepaid Expense and Other Assets, Current $512k $853k $1.0m $1.7m $4.3m $1.9m $1.9m $2.8m $2.4m $6.4m
Short-term Investments $92.3m $60.8m $55.2m $51.3m $33.5m $0 $5.9m $6.0m
Inventory, Net $5.5m $7.3m $12.0m $13.9m $12.5m $16.7m $18.9m $23.0m $33.2m $42.4m
Assets, Current $44.0m $55.7m $151.0m $135.0m $145.3m $127.0m $98.1m $88.0m $99.2m $120.4m
Property, Plant and Equipment, Net $1.5m $2.2m $8.0m $14.9m $38.4m $62.9m $79.3m $88.7m $84.7m $81.8m
Intangible Assets, Net (Excluding Goodwill) $2.1m $2.9m $3.6m $4.5m $5.6m $6.8m
Operating Lease, Right-of-Use Asset $3.1m $15.6m $15.2m $14.4m $15.6m $14.3m $12.7m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $8.1m $11.1m $15.3m $16.9m $17.6m $18.2m $22.2m $25.1m $24.1m $26.2m
Assets $46.4m $58.9m $160.2m $154.6m $201.4m $208.0m $195.4m $196.8m $203.7m $221.7m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $1.7m $846k $1.8m $1.3m $1.5m $2.0m $2.4m
Accounts Payable, Current $4.4m $3.2m $4.5m $8.3m $4.6m $5.9m $9.0m $11.8m $8.0m $2.9m
Operating Lease, Liability, Noncurrent $1.6m $20.9m $20.8m $20.4m $21.1m $19.2m $16.8m
Deferred Revenue, Current $33k $32k
Deferred Revenue, Noncurrent $92k $69k
Long-term Debt, Current Maturities $21k $735k $28k $1.7m $863k $1.8m $1.3m $1.5m $2.0m $2.4m
Long-term Debt, Excluding Current Maturities $20.3m $19.9m $35k $1.6m $32.0m $44.8m $45.7m $46.6m $47.5m $48.4m
Liabilities, Current $11.1m $13.7m $13.0m $20.9m $22.8m $24.3m $23.8m $30.4m $30.6m $23.6m
Other Liabilities, Noncurrent $70k $3k $0 $94k $141k
Liabilities $31.4m $33.7m $13.2m $22.5m $78.2m $95.5m $94.4m $101.2m $99.8m $92.8m
Stockholders’ equity:
Common Stock, Value, Issued $330k $344k $389k $396k $406k $417k $424k $431k $441k $472k
Retained Earnings (Accumulated Deficit) ($117.9m) ($128.3m) ($150.7m) ($179.9m) ($203.6m) ($230.6m) ($259.6m) ($281.3m) ($291.3m) ($307.0m)
Additional Paid in Capital, Common Stock $132.5m $153.2m $297.3m $311.6m $326.4m $342.8m $360.2m $376.5m $394.7m $435.3m
Stockholders' Equity Attributable to Parent $14.9m $25.2m $147.0m $132.2m $123.1m $112.5m $101.0m $95.7m $103.9m $128.8m
Liabilities and Equity $46.4m $58.9m $160.2m $154.6m $201.4m $208.0m $195.4m $196.8m $203.7m $221.7m