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.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	56,526,151	52,995,781
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
Inventory, net	11,734,822	11,200,336
Prepaid expenses and other current assets	1,097,330	1,924,955
Prepaid income taxes	1,702,410	329,406
Total current assets	84,919,005	77,372,612
Property and equipment, net	23,792,441	22,938,080
Intangible assets, net	3,373,478	3,374,945
Deferred tax asset, net	2,422,481	2,557,353
Other assets	214,374	204,499
Total assets	114,721,779	106,447,489

Accounts payable	2,333,474	1,900,980
Accrued payroll and benefits	4,071,176	3,210,145
Other accrued taxes	296,207	324,644
Warranty reserve	137,025	121,221
Deferred revenue	3,158,065	3,257,556
Accrued income taxes	2,800,970	-
Total current liabilities	12,796,917	8,814,546
Deferred revenue, non-current	3,572,891	3,331,557
Total liabilities	16,369,808	12,146,103
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
Additional paid-in capital	32,007,647	31,371,123
Retained earnings	66,343,052	62,928,991
Total stockholders' equity	98,351,971	94,301,386
Total liabilities and stockholders' equity	114,721,779	106,447,489