Freenome, Inc. (FRNM) Balance Sheet

NASDAQ: FRNMAssets, liabilities, debt and equity over 2 years.

FRNM balance sheet, 2025

December 31, 2025 · U.S. dollars

$507.1M assets = $1.77B liabilities + −$1.26B equity

What it owns$507.1MCash & ST investments: $216.7M (42.7%)Cash & ST investments$216.7M · 43%Receivables: $1.3M (0.3%)Other current: $8.5M (1.7%)PP&E: $252.8M (49.9%)PP&E$252.8M · 50%Goodwill & intangibles: $13.8M (2.7%)Other non-current: $13.9M (2.7%)=How it is financed$1.77BCurrent liabilities: $40.5M (2.3%)Long-term debt: $102.5M (5.8%)Long-term debt $102.5MOther LT liabilities: $1.63B (91.9%)Other LT liabilities$1.63B · 92%

Liabilities exceed assets: shareholders’ equity is negative (−$1.26B).

Both columns are drawn to the same scale: what FRNM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

FRNM financial health

Current ratio5.59
Comfortable · current assets cover current liabilities 5.59×
Equity / assets−249.1%
Thin equity · of assets funded by shareholders
Cash / debt211.4%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles2.7%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

FRNM balance sheet trends, 2024–2025

MetricTrendThenLatestChange
Total assets$551.9M2024$507.1M2025−8.1%/yr
Total liabilities$1.61B2024$1.77B2025+10.2%/yr
Shareholders’ equity−$1.06B2024−$1.26B2025—
Cash & short-term investments$243.5M2024$216.7M2025−11.0%/yr
Working capital$210.7M2024$186.0M2025−$24.8M
Book value per share−$9.942024−$11.912025—
Current ratio6.0320245.592025−0.44
Shares outstanding106.1M2024106.1M20250.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

FRNM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

FRNM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

FRNM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

FRNM balance sheet

20252024
Assets
Cash & short-term investments$216.7M$243.5M
Cash & equivalents$78.6M$67.1M
Short-term investments$138.1M$176.4M
Receivables$1.3M$1.7M
Inventory$0$0
Other current assets$8.5M$7.5M
Total current assets$226.5M$252.6M
Property, plant & equipment (net)$252.8M$274.8M
Goodwill & intangible assets$13.8M$14.9M
Long-term investments$0$0
Other non-current assets$13.9M$9.7M
Total assets$507.1M$551.9M
Liabilities
Accounts payable$6.1M$21.0M
Total current liabilities$40.5M$41.9M
Long-term debt$102.5M$0
Lease obligations$209.1M$206.5M
Other long-term liabilities$1.63B$1.57B
Total liabilities$1.77B$1.61B
Shareholders' equity
Retained earnings (deficit)−$1.35B−$1.13B
Total shareholders' equity−$1.26B−$1.06B
Key figures
Total debt$102.5M—
Net cash (debt)$114.2M—
Working capital$186.0M$210.7M
Tangible book value−$1.28B−$1.07B
Book value per share−$11.91−$9.94
Shares outstanding106.1M106.1M
Current ratio5.596.03
Quick ratio5.385.85
Equity / assets−249.1%−191.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.

FRNM financial position

At the end of fiscal 2025 (December 31, 2025), Freenome had total assets of $507.1 million (down 8.1% from a year earlier), total liabilities of $1.8 billion and shareholders' equity of -$1.3 billion. It held $216.7 million in cash and short-term investments against $102.5 million of debt, a net cash position of $114.2 million. Its current ratio was 5.59.

Related: FRNM income statement, FRNM cash flow statement, FRNM key metrics. See the FRNM stock overview for the latest quote and news.

FRNM balance sheet FAQ

What are Freenome's total assets?

Freenome reported total assets of $507.1 million at the end of fiscal 2025 (December 31, 2025), compared with $551.9 million a year earlier.

How much debt does Freenome have?

Freenome had $102.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does Freenome have?

Freenome held $216.7 million in cash and short-term investments at the end of fiscal 2025; with $102.5 million of debt that is net cash of $114.2 million.

What is Freenome's book value?

Freenome's shareholders' equity (book value) was -$1.3 billion at the end of fiscal 2025, or −$11.91 per share.

What is Freenome's current ratio?

Freenome had current assets of $226.5 million and current liabilities of $40.5 million, a current ratio of 5.59 (it can cover its short-term obligations).

How much goodwill does Freenome have?

Freenome carried $13.8 million of goodwill and intangible assets, 2.7% of total assets, at the end of fiscal 2025.

Diagnostics & Research: balance sheet