Insight Molecular Diagnostics Inc. (IMDX) Balance Sheet
IMDX balance sheet, 2025
December 31, 2025 · U.S. dollars$25.8M assets = $57.2M liabilities + −$31.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−$31.5M).
Both columns are drawn to the same scale: what IMDX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IMDX financial health
Descriptive bands, not a rating. Fiscal 2025.
IMDX balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $14.4M2016 | $25.8M2025 | +6.6%/yr | |
| Total liabilities | $4.6M2016 | $57.2M2025 | +32.4%/yr | |
| Shareholders’ equity | $9.9M2016 | −$31.5M2025 | — | |
| Cash & short-term investments | $12.4M2016 | $11.6M2025 | −0.8%/yr | |
| Total debt | $512,0002016 | $3.5M2025 | +23.8%/yr | |
| Net cash (debt) | $11.9M2016 | $8.1M2025 | −$3.8M | |
| Working capital | $8.4M2016 | $3.2M2025 | −$5.2M | |
| Book value per share | $2.682023 | −$1.032025 | — | |
| Current ratio | 2.972016 | 1.272025 | −1.70 | |
| Debt / equity | 0.052016 | 0.142023 | +0.09 | |
| Shares outstanding | 7.7M2023 | 30.5M2025 | +99.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IMDX assets
IMDX liabilities and equity
IMDX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IMDX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $11.6M | $8.6M | $9.4M | $20.4M | $33.9M | $7.8M | $22.5M | $8.5M | $8.4M | $12.4M |
| Cash & equivalents | $11.6M | $8.6M | $9.4M | $20.0M | $32.9M | $7.1M | $22.1M | $8.0M | $7.6M | $10.2M |
| Short-term investments | — | — | $0 | $433,000 | $904,000 | $675,000 | $379,000 | $428,000 | $760,000 | $2.2M |
| Receivables | $1.1M | $1.6M | $484,000 | $2.0M | $1.4M | $203,000 | $0 | $0 | $0 | $0 |
| Inventory | $446,000 | $410,000 | $0 | $2.1M | $304,000 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $2.1M | $1.1M | $782,000 | $977,000 | $3.5M | $1.2M | $505,000 | $180,000 | $168,000 | $285,000 |
| Total current assets | $15.3M | $11.8M | $10.7M | $25.5M | $39.1M | $9.2M | $23.0M | $8.6M | $8.5M | $12.7M |
| Property, plant & equipment (net) | $2.8M | $2.8M | $5.4M | $10.9M | $8.4M | $6.5M | $3.7M | $614,000 | $822,000 | $688,000 |
| Goodwill & intangible assets | $0 | $14.6M | $56.6M | $61.6M | $80.4M | $24.2M | $0 | $0 | $746,000 | $988,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $7.6M | $6.0M | $2.2M | $2.1M | $31.6M | $15.5M | $13.2M | $262,000 | $120,000 | $75,000 |
| Total assets | $25.8M | $35.1M | $74.9M | $100.1M | $159.6M | $55.4M | $39.9M | $9.5M | $10.2M | $14.4M |
| Liabilities | ||||||||||
| Accounts payable | $2.5M | $2.3M | $953,000 | $1.3M | $1.8M | $432,000 | $469,000 | $166,000 | $175,000 | $422,000 |
| Short-term debt | $1.8M | $1.3M | $665,000 | $815,000 | $2.1M | $2.8M | $1.6M | $1.6M | $1.5M | $202,000 |
| Deferred revenue | — | — | — | — | — | $5.2M | — | — | — | — |
| Total current liabilities | $12.1M | $7.3M | $7.2M | $12.1M | $14.1M | $9.0M | $4.4M | $5.6M | $4.5M | $4.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $3.5M | $3.7M | $2.9M | $3.5M | $4.4M | — | — | — | — | — |
| Other long-term liabilities | $45.1M | $40.1M | $47.2M | $48.4M | $80.2M | $12.9M | $4.6M | $534,000 | $1.4M | $310,000 |
| Total liabilities | $57.2M | $47.4M | $54.4M | $60.5M | $94.3M | $21.9M | $9.0M | $6.1M | $5.8M | $4.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $369.2M | $338.2M | $310.3M | $294.9M | $253.0M | $157.2M | $124.6M | $74.7M | $60.0M | $45.8M |
| Retained earnings (deficit) | −$400.8M | −$350.5M | −$289.9M | −$260.7M | −$187.8M | −$123.7M | −$93.7M | −$71.3M | −$54.7M | −$35.3M |
| Accumulated other comprehensive income | $86,000 | $21,000 | $49,000 | $39,000 | $37,000 | $0 | — | — | −$888,000 | −$654,000 |
| Total shareholders' equity | −$31.5M | −$12.3M | $20.5M | $39.6M | $65.2M | $33.5M | $30.8M | $3.4M | $4.4M | $9.9M |
| Key figures | ||||||||||
| Total debt | $3.5M | $3.7M | $2.9M | $3.5M | $5.7M | $8.6M | $6.2M | $1.7M | $2.5M | $512,000 |
| Net cash (debt) | $8.1M | $5.0M | $6.6M | $16.9M | $28.2M | −$814,000 | $16.3M | $6.7M | $5.9M | $11.9M |
| Working capital | $3.2M | $4.5M | $3.5M | $13.4M | $25.0M | $230,000 | $18.5M | $3.1M | $4.1M | $8.4M |
| Tangible book value | −$31.5M | −$26.9M | −$36.1M | −$22.0M | −$15.2M | $9.3M | $30.8M | $3.4M | $3.7M | $8.9M |
| Book value per share | −$1.03 | −$0.94 | $2.68 | — | — | — | — | — | — | — |
| Shares outstanding | 30.5M | 13.1M | 7.7M | — | — | — | — | — | — | — |
| Current ratio | 1.27 | 1.62 | 1.49 | 2.11 | 2.77 | 1.03 | 5.17 | 1.55 | 1.91 | 2.97 |
| Quick ratio | 1.05 | 1.41 | 1.38 | 1.85 | 2.50 | 0.89 | 5.06 | 1.52 | 1.88 | 2.90 |
| Debt / equity | — | — | 0.14 | 0.09 | 0.09 | 0.26 | 0.20 | 0.50 | 0.57 | 0.05 |
| Equity / assets | −122.2% | −35.0% | 27.3% | 39.6% | 40.9% | 60.4% | 77.4% | 36.0% | 43.1% | 68.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $17.8M | $28.2M | $11.6M | $18.7M | $24.3M | $31.0M | $8.6M | $3.4M | $9.3M | $5.6M | $14.2M | $17.9M |
| Cash & equivalents | $17.8M | $28.2M | $11.6M | $18.7M | $24.3M | $31.0M | $8.6M | $3.4M | $9.3M | $5.6M | $13.8M | $17.4M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | $441,000 | $530,000 |
| Receivables | $192,000 | $157,000 | $1.1M | $258,000 | $512,000 | $3.5M | $1.6M | $209,000 | $85,000 | $161,000 | $1.9M | $1.7M |
| Inventory | $207,000 | $382,000 | $446,000 | $471,000 | $693,000 | $459,000 | $410,000 | $232,000 | $0 | $0 | $139,000 | $191,000 |
| Other current assets | $2.4M | $1.8M | $2.1M | $2.0M | $1.4M | $1.2M | $1.1M | $989,000 | $627,000 | $796,000 | $672,000 | $1.2M |
| Total current assets | $20.5M | $30.5M | $15.3M | $21.4M | $26.8M | $36.3M | $11.8M | $4.8M | $10.0M | $6.5M | $16.9M | $21.0M |
| Property, plant & equipment (net) | $8.1M | $8.9M | $2.8M | $6.5M | $2.5M | $7.2M | $2.8M | $3.0M | $5.9M | $5.7M | $5.8M | $7.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $14.6M | $14.6M | $14.6M | $14.6M | $56.5M | $56.6M | $56.6M | $56.6M | $56.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $799,000 | $999,000 | $7.6M | $1.5M | $6.6M | $2.3M | $6.0M | $5.9M | $2.3M | $2.1M | $2.2M | $2.0M |
| Total assets | $29.4M | $40.4M | $25.8M | $43.9M | $50.5M | $60.4M | $35.1M | $70.2M | $74.7M | $71.0M | $81.6M | $87.5M |
| Liabilities | ||||||||||||
| Accounts payable | $1.9M | $1.6M | $2.5M | $1.1M | $1.3M | $2.3M | $2.3M | $872,000 | $1.1M | $908,000 | $1.1M | $875,000 |
| Short-term debt | $1.7M | $1.8M | $1.8M | $1.6M | $1.5M | $1.4M | $1.3M | $1.3M | $1.0M | $821,000 | $720,000 | $737,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | $6.1M | −$737,000 |
| Total current liabilities | $10.3M | $12.0M | $12.1M | $7.7M | $6.7M | $9.7M | $7.3M | $9.1M | $7.2M | $8.3M | $8.0M | $7.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $2.6M | $3.1M | $3.5M | $3.1M | $3.4M | $3.5M | $3.7M | $4.0M | $3.7M | $3.3M | — | — |
| Other long-term liabilities | $40.5M | $39.1M | $45.1M | $45.5M | $42.8M | $40.5M | $40.1M | $51.4M | $44.8M | $45.7M | $36.0M | $31.5M |
| Total liabilities | $50.7M | $51.1M | $57.2M | $53.1M | $49.4M | $50.1M | $47.4M | $60.5M | $52.0M | $54.1M | $44.0M | $39.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $394.9M | $394.3M | $369.2M | $368.5M | $368.0M | $367.4M | $338.2M | $326.7M | $326.2M | $310.6M | $310.0M | $309.5M |
| Retained earnings (deficit) | −$416.3M | −$405.1M | −$400.8M | −$377.8M | −$367.0M | −$357.2M | −$350.5M | −$317.0M | −$303.5M | −$299.0M | −$272.5M | −$266.0M |
| Accumulated other comprehensive income | $67,000 | $71,000 | $86,000 | $86,000 | $85,000 | $41,000 | $21,000 | $57,000 | $37,000 | $40,000 | $32,000 | $41,000 |
| Total shareholders' equity | −$21.3M | −$10.7M | −$31.5M | −$9.2M | $1.1M | $10.2M | −$12.3M | $9.7M | $22.7M | $16.9M | $37.6M | $48.3M |
| Key figures | ||||||||||||
| Total debt | $2.6M | $3.1M | $3.5M | $3.1M | $3.4M | $3.5M | $3.7M | $4.0M | $3.7M | $3.3M | $3.1M | $3.1M |
| Net cash (debt) | $15.1M | $25.1M | $8.1M | $15.6M | $20.9M | $27.6M | $5.0M | −$628,000 | $5.6M | $2.2M | $11.2M | $14.8M |
| Working capital | $10.3M | $18.5M | $3.2M | $13.7M | $20.2M | $26.6M | $4.5M | −$4.3M | $2.8M | −$1.8M | $8.9M | $13.3M |
| Tangible book value | −$21.3M | −$10.7M | −$31.5M | −$23.8M | −$13.5M | −$4.4M | −$26.9M | −$46.8M | −$33.8M | −$39.7M | −$19.1M | −$8.3M |
| Book value per share | −$0.58 | −$0.31 | −$1.03 | −$0.29 | $0.03 | $0.40 | −$0.71 | $0.71 | $1.76 | $2.05 | $4.55 | $5.97 |
| Shares outstanding | 36.8M | 34.5M | 30.5M | 32.0M | 32.0M | 25.7M | 17.4M | 13.7M | 12.9M | 8.3M | 8.3M | 8.1M |
| Current ratio | 2.00 | 2.54 | 1.27 | 2.79 | 4.04 | 3.75 | 1.62 | 0.53 | 1.38 | 0.78 | 2.11 | 2.74 |
| Quick ratio | 1.74 | 2.36 | 1.05 | 2.47 | 3.73 | 3.57 | 1.41 | 0.39 | 1.30 | 0.69 | 2.00 | 2.56 |
| Debt / equity | — | — | — | — | 3.07 | 0.34 | — | 0.41 | 0.16 | 0.20 | 0.08 | 0.06 |
| Equity / assets | −72.3% | −26.4% | −122.2% | −20.9% | 2.2% | 16.9% | −35.0% | 13.8% | 30.4% | 23.8% | 46.0% | 55.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
IMDX financial position
At the end of fiscal 2025 (December 31, 2025), Insight Molecular Diagnostics had total assets of $25.8 million (down 26.6% from a year earlier), total liabilities of $57.2 million and shareholders' equity of -$31.5 million. It held $11.6 million in cash and short-term investments against $3.5 million of debt, a net cash position of $8.1 million. Its current ratio was 1.27. In the latest quarter (ended June 30, 2026) total assets were $29.4 million and equity -$21.3 million.
Related: IMDX income statement, IMDX cash flow statement, IMDX key metrics. See the IMDX stock overview for the latest quote and news.
IMDX balance sheet FAQ
What are Insight Molecular Diagnostics's total assets?
Insight Molecular Diagnostics reported total assets of $25.8 million at the end of fiscal 2025 (December 31, 2025), compared with $35.1 million a year earlier.
How much debt does Insight Molecular Diagnostics have?
Insight Molecular Diagnostics had $3.5 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 Insight Molecular Diagnostics have?
Insight Molecular Diagnostics held $11.6 million in cash and short-term investments at the end of fiscal 2025; with $3.5 million of debt that is net cash of $8.1 million.
What is Insight Molecular Diagnostics's book value?
Insight Molecular Diagnostics's shareholders' equity (book value) was -$31.5 million at the end of fiscal 2025, or −$1.03 per share.
What is Insight Molecular Diagnostics's current ratio?
Insight Molecular Diagnostics had current assets of $15.3 million and current liabilities of $12.1 million, a current ratio of 1.27 (it can cover its short-term obligations).