IRMD: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, IRMD has $114,721,779 in assets. $16,369,808 in debts. $56,526,151 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
663.59%
Quick Ratio
571.89%
Cash Ratio
441.72%
Debt to Asset Ratio
14.27%
Assets Breakdown
Cash and cash equivalents
Property and equipment, net
Accounts receivable, net of allo...
Others
Liabilities Breakdown
Retained earnings
Additional paid-in capital
Accrued payroll and benefits
Others

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30	2024-12-31
Cash and cash equivalents	56,526,151	52,995,781	52,233,907
Accounts receivable, net of allowance for credit losses of 191,175 as of september 30, 2025, and 274,300 as of december 31, 2024	13,858,292	10,922,134	10,556,733
Inventory, net	11,734,822	11,200,336	10,401,889
Prepaid expenses and other current assets	1,097,330	1,924,955	2,049,690
Prepaid income taxes	1,702,410	329,406	-
Total current assets	84,919,005	77,372,612	75,242,219
Property and equipment, net	23,792,441	22,938,080	16,810,797
Intangible assets, net	3,373,478	3,374,945	3,098,691
Operating lease right-of-use asset	-	-	154,688
Deferred tax asset, net	2,422,481	2,557,353	2,820,468
Other assets	214,374	204,499	198,912
Total assets	114,721,779	106,447,489	98,325,775

Accounts payable	2,333,474	1,900,980	1,896,405
Accrued payroll and benefits	4,071,176	3,210,145	3,771,756
Other accrued taxes	296,207	324,644	162,998
Warranty reserve	137,025	121,221	118,269
Deferred revenue	3,158,065	3,257,556	2,259,616
Current portion of operating lease liabilities	-	-	153,264
Other current liabilities	-	-	150,000
Accrued income taxes	2,800,970	-	-
Total current liabilities	12,796,917	8,814,546	8,512,308
Deferred revenue, non-current	3,572,891	3,331,557	2,993,287
Operating lease liabilities, non-current	-	-	1,424
Total liabilities	16,369,808	12,146,103	11,507,019
Common stock 0.0001 par value per share 31,500,000 shares authorized 12,721,156 shares issued and outstanding as of september 30, 2025, and 12,709,860 shares issued and outstanding as of december 31, 2024	1,272	1,272	1,271
Additional paid-in capital	32,007,647	31,371,123	30,026,734
Retained earnings	66,343,052	62,928,991	56,790,751
Total stockholders' equity	98,351,971	94,301,386	86,818,756
Total liabilities and stockholders' equity	114,721,779	106,447,489	98,325,775

Unit: Dollar

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio663.59%Quick Ratio571.89%Cash Ratio441.72%Debt to Asset Ratio14.27%Assets BreakdownCash and cash equivalentsProperty and equipment, netAccounts receivable, net of allo...OthersLiabilities BreakdownRetained earningsAdditional paid-in capitalAccrued payroll and benefitsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio663.59%Quick Ratio571.89%Cash Ratio441.72%Debt to Asset Ratio14.27%Assets BreakdownCash and cash equivalentsProperty and equipment, netAccounts receivable, net of allo...OthersLiabilities BreakdownRetained earningsAdditional paid-in capitalAccrued payroll and benefitsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets