| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 8,767,774 | 8,872,212 | 8,464,019 | 8,054,716 |
| Accounts receivable | 5,982,536 | 6,209,950 | 5,412,004 | 4,929,071 |
| Inventory, net | 4,476,304 | 3,678,131 | 4,411,710 | 3,947,843 |
| Other receivables | 335,206 | 319,955 | 103,079 | 161,190 |
| Prepaid expenses | 1,026,614 | 908,542 | 1,028,484 | 486,524 |
| Total current assets | 20,588,434 | 19,988,790 | 19,419,296 | 17,579,344 |
| Property and equipment, net | 4,335,882 | 4,471,386 | 4,235,983 | 4,370,629 |
| Intangible assets, net of accumulated amortization of 545,302 and 527,949 as of march 31, 2026 and december 31, 2025, respectively | 711,211 | 684,841 | 681,621 | 698,974 |
| Operating lease right-of-use assets | 2,857,341 | 2,956,192 | 2,667,656 | 2,768,376 |
| Other assets | 98,970 | 98,970 | 98,970 | 98,970 |
| Total assets | 28,591,838 | 28,200,179 | 27,103,526 | 25,516,293 |
| Accounts payable | 2,635,701 | 2,267,473 | 1,872,162 | 1,094,539 |
| Accrued expenses | 5,271,100 | 4,828,830 | 4,634,183 | 3,635,525 |
| Note payable | NaN | NaN | 334,931 | 0 |
| Other liabilities | 11,068 | 27,722 | 2,893 | 104,102 |
| Accrued payroll and related taxes | 385,890 | 531,972 | 456,066 | 688,942 |
| Financing lease liability | 126,323 | 124,913 | 120,211 | 118,647 |
| Operating lease liability | 421,727 | 413,448 | 413,486 | 409,019 |
| Total current liabilities | 8,851,809 | 8,194,358 | 7,833,932 | 6,050,774 |
| Financing lease liability, net of current portion | 46,560 | 78,675 | 116,279 | 145,469 |
| Operating lease liability, net of current portion | 2,771,115 | 2,879,224 | 2,688,490 | 2,793,676 |
| Total liabilities | 11,669,484 | 11,152,257 | 10,638,701 | 8,989,919 |
| Common stock, 0.01 par value, 75,000,000 shares authorized, 49,933,502 and 49,790,934 shares issued 46,133,000 and 46,370,432 shares outstanding as of march 31, 2026, and december 31, 2025, respectively | 499,335 | 497,909 | 497,137 | 496,555 |
| Additional paid-in capital | 54,795,722 | 52,449,339 | 51,380,158 | 50,664,323 |
| Treasury stock, 3,818,526 and 3,438,526 shares as of march 31, 2026 and december 31, 2025, respectively, at cost | 5,548,793 | 3,882,494 | 3,882,494 | 3,882,494 |
| Accumulated deficit | -32,823,910 | -32,016,832 | -31,529,976 | -30,752,010 |
| Total stockholders equity | 16,922,354 | 17,047,922 | 16,464,825 | 16,526,374 |
| Total liabilities and stockholders equity | 28,591,838 | 28,200,179 | 27,103,526 | 25,516,293 |
KORU Medical Systems, Inc. (KRMD)
KORU Medical Systems, Inc. (KRMD)