Femasys Inc. (FEMY) Balance Sheet
FEMY balance sheet, 2025
December 31, 2025 · U.S. dollars$20.7M assets = $14.9M liabilities + $5.9M equity
Both columns are drawn to the same scale: what FEMY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FEMY financial health
Descriptive bands, not a rating. Fiscal 2025.
FEMY balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $12.6M2019 | $20.7M2025 | +8.6%/yr | |
| Total liabilities | $58.0M2019 | $14.9M2025 | −20.3%/yr | |
| Shareholders’ equity | −$45.4M2019 | $5.9M2025 | — | |
| Cash & short-term investments | $7.4M2019 | $9.3M2025 | +3.8%/yr | |
| Total debt | $1.7M2019 | $4.7M2025 | +18.3%/yr | |
| Net cash (debt) | $5.7M2019 | $4.6M2025 | −$1.1M | |
| Working capital | $6.8M2019 | $12.8M2025 | +$6.1M | |
| Current ratio | 6.252019 | 4.532025 | −1.73 | |
| Debt / equity | 0.582020 | 0.802025 | +0.22 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FEMY assets
FEMY liabilities and equity
FEMY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FEMY balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $9.3M | $3.5M | $21.7M | $13.0M | $24.8M | $3.3M | $7.4M |
| Cash & equivalents | $9.3M | $3.5M | $21.7M | $13.0M | $24.8M | $3.3M | $6.4M |
| Short-term investments | — | — | — | — | — | $0 | $998,831 |
| Receivables | $616,600 | $488,373 | $98,906 | $77,470 | $84,258 | $125,790 | $83,554 |
| Inventory | $5.7M | $3.0M | $667,118 | $436,723 | $208,270 | $131,378 | $172,497 |
| Other current assets | $833,133 | $1.0M | $695,879 | $655,362 | $555,853 | $284,115 | $370,018 |
| Total current assets | $16.5M | $8.0M | $23.2M | $14.1M | $25.6M | $3.9M | $8.0M |
| Property, plant & equipment (net) | $3.2M | $3.4M | $3.5M | $1.8M | $2.3M | $2.9M | $3.9M |
| Goodwill & intangible assets | $134,914 | $65,918 | $0 | $3,294 | $25,093 | $65,069 | $160,592 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $940,232 | $954,991 | $1.1M | $958,177 | $655,418 | $792,440 | $583,500 |
| Total assets | $20.7M | $12.4M | $27.8M | $16.9M | $28.6M | $7.6M | $12.6M |
| Liabilities | |||||||
| Accounts payable | $1.8M | $1.4M | $1.1M | $510,758 | $445,522 | $674,333 | $481,099 |
| Short-term debt | $487,624 | $5.9M | $406,636 | $515,131 | $587,797 | $1.1M | $467,697 |
| Deferred revenue | — | — | — | — | $603,787 | $1.1M | — |
| Total current liabilities | $3.6M | $8.6M | $3.1M | $1.5M | $1.7M | $2.9M | $1.3M |
| Long-term debt | $3.2M | $0 | $4.3M | $0 | $0 | $182,490 | $0 |
| Lease obligations | $1.5M | $2.0M | $2.4M | $402,417 | $809,091 | $1.2M | $1.7M |
| Other long-term liabilities | $8.0M | $1.6M | $2.1M | $125,242 | $552,208 | $1.0M | $56.7M |
| Total liabilities | $14.9M | $10.1M | $9.4M | $1.7M | $2.2M | $4.1M | $58.0M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $59,720 | $23,473 | $21,775 | $11,987 | $11,921 | $1,110 | $1,057 |
| Retained earnings (deficit) | −$145.8M | −$127.2M | −$108.4M | −$94.1M | −$82.7M | −$75.2M | −$68.3M |
| Treasury stock | — | — | — | — | — | −$60,000 | −$60,000 |
| Accumulated other comprehensive income | $5.2M | $1.9M | $2.8M | $567,972 | $702,491 | $702,491 | $20 |
| Total shareholders' equity | $5.9M | $2.3M | $18.4M | $15.2M | $26.3M | $3.5M | −$45.4M |
| Key figures | |||||||
| Total debt | $4.7M | $7.4M | $6.7M | $543,715 | $990,214 | $2.1M | $1.7M |
| Net cash (debt) | $4.6M | −$4.0M | $15.0M | $12.4M | $23.8M | $1.3M | $5.7M |
| Working capital | $12.8M | −$560,420 | $20.1M | $12.6M | $23.9M | $974,598 | $6.8M |
| Tangible book value | $5.7M | $2.2M | $18.4M | $15.2M | $26.3M | $3.5M | −$45.5M |
| Book value per share | $2.97 | — | — | — | — | — | — |
| Shares outstanding | 2.0M | — | — | — | — | — | — |
| Current ratio | 4.53 | 0.93 | 7.59 | 9.25 | 15.15 | 1.34 | 6.25 |
| Quick ratio | 2.72 | 0.46 | 7.14 | 8.53 | 14.70 | 1.19 | 5.83 |
| Debt / equity | 0.80 | 3.23 | 0.37 | 0.04 | 0.04 | 0.58 | — |
| Equity / assets | 28.3% | 18.5% | 66.1% | 90.2% | 92.1% | 46.4% | −358.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.4M | $5.4M | $9.3M | $4.6M | $3.2M | $3.8M | $3.5M | $7.6M | $13.5M | $17.8M | $21.7M | $8.7M |
| Cash & equivalents | $1.4M | $5.4M | $9.3M | $4.6M | $3.2M | $3.8M | $3.5M | $7.6M | $13.5M | $17.8M | $21.7M | $8.7M |
| Receivables | $151,049 | $172,264 | $616,600 | $572,199 | $254,583 | $233,598 | $488,373 | $378,290 | $92,535 | $120,529 | $98,906 | $103,556 |
| Inventory | $6.2M | $6.1M | $5.7M | $5.8M | $5.2M | $3.9M | $3.0M | $1.9M | $1.3M | $971,297 | $667,118 | $602,668 |
| Other current assets | $546,085 | $679,917 | $833,133 | $1.3M | $1.0M | $1.2M | $1.0M | $1.4M | $997,623 | $955,539 | $695,879 | $826,373 |
| Total current assets | $8.3M | $12.3M | $16.5M | $12.2M | $9.8M | $9.1M | $8.0M | $11.3M | $15.9M | $19.9M | $23.2M | $10.2M |
| Property, plant & equipment (net) | $1.9M | $3.1M | $3.2M | $3.2M | $3.1M | $3.2M | $3.4M | $3.3M | $3.3M | $3.4M | $3.5M | $3.7M |
| Goodwill & intangible assets | $115,499 | $124,252 | $134,914 | $130,040 | $55,638 | $58,747 | $65,918 | $70,064 | $44,317 | $33,115 | $0 | $388 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.0M | $924,552 | $940,232 | $744,804 | $829,204 | $838,043 | $954,991 | $887,410 | $957,078 | $1.0M | $1.1M | $936,996 |
| Total assets | $12.3M | $16.5M | $20.7M | $16.3M | $13.8M | $13.3M | $12.4M | $15.6M | $20.3M | $24.4M | $27.8M | $14.9M |
| Liabilities | ||||||||||||
| Accounts payable | $2.3M | $1.6M | $1.8M | $2.2M | $3.3M | $2.3M | $1.4M | $1.1M | $951,510 | $1.1M | $1.1M | $851,877 |
| Short-term debt | $473,034 | $480,286 | $487,624 | $7.3M | $6.6M | $6.3M | $5.9M | $525,752 | $533,734 | $494,967 | $406,636 | $693,553 |
| Deferred revenue | — | — | — | — | — | — | — | — | −$533,734 | — | — | $569,442 |
| Total current liabilities | $3.9M | $3.2M | $3.6M | $10.5M | $11.0M | $9.8M | $8.6M | $2.9M | $2.5M | $2.4M | $3.1M | $2.2M |
| Long-term debt | $3.5M | $3.3M | $3.2M | $0 | $0 | $0 | $0 | $5.1M | $4.8M | $4.5M | $4.3M | $0 |
| Lease obligations | $1.3M | $1.4M | $1.5M | $1.6M | $1.8M | $1.9M | $2.0M | $2.2M | $2.3M | $2.4M | $2.4M | $2.6M |
| Other long-term liabilities | $850,583 | $2.7M | $8.0M | $1.2M | $1.3M | $1.4M | $1.6M | $1.7M | $1.8M | $1.9M | $2.1M | $2.2M |
| Total liabilities | $8.3M | $9.2M | $14.9M | $11.7M | $12.3M | $11.3M | $10.1M | $9.6M | $9.0M | $8.8M | $9.4M | $4.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3,030 | $60,508 | $59,720 | $47,420 | $32,693 | $27,205 | $23,473 | $22,350 | $22,350 | $22,217 | $21,775 | $16,110 |
| Retained earnings (deficit) | −$149.4M | −$145.0M | −$145.8M | −$141.9M | −$137.7M | −$133.1M | −$127.2M | −$122.1M | −$116.7M | −$112.0M | −$108.4M | −$104.0M |
| Accumulated other comprehensive income | — | $5.2M | $5.2M | $6.7M | $1.8M | $1.9M | $1.9M | $2.6M | $2.6M | $2.6M | $2.8M | $1.6M |
| Total shareholders' equity | $4.0M | $7.3M | $5.9M | $4.6M | $1.5M | $2.0M | $2.3M | $6.0M | $11.3M | $15.6M | $18.4M | $10.4M |
| Key figures | ||||||||||||
| Total debt | $4.8M | $4.7M | $4.7M | $8.4M | $7.9M | $7.7M | $7.4M | $7.2M | $7.1M | $6.9M | $6.7M | $2.9M |
| Net cash (debt) | −$3.3M | $658,045 | $4.6M | −$3.9M | −$4.6M | −$3.8M | −$4.0M | $373,685 | $6.5M | $11.0M | $15.0M | $5.8M |
| Working capital | $4.4M | $9.2M | $12.8M | $1.7M | −$1.2M | −$708,874 | −$560,420 | $8.4M | $13.5M | $17.5M | $20.1M | $8.0M |
| Tangible book value | $3.9M | $7.2M | $5.7M | $4.4M | $1.5M | $1.9M | $2.2M | $5.9M | $11.2M | $15.6M | $18.4M | $10.4M |
| Book value per share | $1.20 | $1.87 | $2.97 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 3.4M | 3.9M | 2.0M | — | — | — | — | — | — | — | — | — |
| Current ratio | 2.14 | 3.91 | 4.53 | 1.16 | 0.89 | 0.93 | 0.93 | 3.94 | 6.47 | 8.43 | 7.59 | 4.68 |
| Quick ratio | 0.41 | 1.76 | 2.72 | 0.49 | 0.32 | 0.41 | 0.46 | 2.79 | 5.53 | 7.62 | 7.14 | 4.02 |
| Debt / equity | 1.19 | 0.65 | 0.80 | 1.85 | 5.21 | 3.84 | 3.23 | 1.21 | 0.63 | 0.44 | 0.37 | 0.27 |
| Equity / assets | 32.8% | 44.2% | 28.3% | 28.0% | 10.9% | 15.0% | 18.5% | 38.3% | 55.5% | 64.0% | 66.1% | 70.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
FEMY financial position
At the end of fiscal 2025 (December 31, 2025), Femasys had total assets of $20.7 million (up 66.5% from a year earlier), total liabilities of $14.9 million and shareholders' equity of $5.9 million. It held $9.3 million in cash and short-term investments against $4.7 million of debt, a net cash position of $4.6 million. Its current ratio was 4.53. In the latest quarter (ended June 30, 2026) total assets were $12.3 million and equity $4.0 million.
Related: FEMY income statement, FEMY cash flow statement, FEMY key metrics. See the FEMY stock overview for the latest quote and news.
FEMY balance sheet FAQ
What are Femasys's total assets?
Femasys reported total assets of $20.7 million at the end of fiscal 2025 (December 31, 2025), compared with $12.4 million a year earlier.
How much debt does Femasys have?
Femasys had $4.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.80.
How much cash does Femasys have?
Femasys held $9.3 million in cash and short-term investments at the end of fiscal 2025; with $4.7 million of debt that is net cash of $4.6 million.
What is Femasys's book value?
Femasys's shareholders' equity (book value) was $5.9 million at the end of fiscal 2025, or $2.97 per share.
What is Femasys's current ratio?
Femasys had current assets of $16.5 million and current liabilities of $3.6 million, a current ratio of 4.53 (it can cover its short-term obligations).
How much goodwill does Femasys have?
Femasys carried $0.1 million of goodwill and intangible assets, 0.7% of total assets, at the end of fiscal 2025.