Strata Critical Medical, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $12.2m $7.0m $43.3m $27.9m $18.4m $31.0m
Accounts receivable, net of allowance of $1,066 and $— at December 31, 2025 and December 31, 2024, respectively $1.1m $3.8m $10.9m $21.0m $21.6m $40.0m
Short-term investments $0 $297.2m $150.7m $138.3m $108.8m $30.3m
Prepaid expenses and other current assets $1.0m $5.9m $12.1m $18.0m $10.7m $24.7m
Total current assets $1.4m $896k $314.4m $218.1m $206.3m $160.7m $126.2m
Property and equipment, net $1.8m $2.0m $2.0m $2.9m $30.9m $36.4m
Intangible assets, net $533k $12.6m $46.4m $20.5m $13.7m $47.5m
Goodwill $0 $13.3m $39.4m $40.4m $41.0m $88.2m
Operating right-of-use asset $737k $654k $17.7m $23.5m $8.9m $3.1m
Restricted cash $114k $630k $1.1m $1.1m $1.3m $264k
Current assets of discontinued operations $11.2m $0
Other non-current assets $107k $220k $970k $1.4m $1.4m $24.0m
Non current assets of discontinued operations $41.0m $0
Current liabilities of discontinued operations $12.8m $0
Warrant liability $0 $42.2m $7.1m $5.0m $5.8m $1.5m
Other non-current liabilities $0 $22.1m
Non-current liabilities of discontinued operations $3.9m $0
Total assets $277.7m $277.8m $343.4m $325.0m $294.9m $256.7m $325.5m
Total liabilities and stockholders' equity $277.7m $277.8m $343.4m $325.0m $294.9m $256.7m $325.5m
Accounts payable and accrued expenses $137k $159k $4.4m $16.5m $23.9m $12.8m $19.1m
Operating lease liability, current $430k $431k $3.4m $4.8m $3.3m $652k
Total current liabilities $371k $391k $9.5m $26.6m $35.5m $22.7m $19.8m
Operating lease liability, long-term $291k $222k $15.0m $19.7m $6.0m $2.7m
Deferred tax liability $0 $195k $1.9m $451k $185k $348k
Total liabilities $10.0m $10.0m $52.2m $50.5m $60.6m $34.7m $46.4m
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 0 0 0 0 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 86,702,183 and 79,419,028 shares issued at December 31, 2025 and December 31, 2024, respectively $820 $824 $7k $7k $7k $7k $7k
Additional paid in capital $4.2m $4.1m $368.7m $375.9m $390.1m $407.1m $424.6m
Accumulated other comprehensive income $0 ($297k) $2.3m $4.0m $1.8m $0
Accumulated deficit $785k $912k ($77.2m) ($103.7m) ($159.8m) ($186.9m) ($145.6m)
Total stockholders' equity $5.0m $5.0m $291.2m $274.5m $234.3m $221.9m $279.1m