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Cormedix Inc (CRMD)

Cormedix Inc (CRMD)
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CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases. The Company is focused on developing its lead product Defencath (TM), a novel, antibacterial and antifungal solution designed to prevent costly and life-threatening bloodstream infections associated with the use of central venous catheters in patients undergoing chronic hemodialysis. Defencath has been designated by FDA as Fast Track and as a Qualified Infectious Disease Product, which provides an additional five years of marketing exclusivity, which will be added to the five years granted to a New Chemical Entity upon approval of the NDA. CorMedix also intends to develop Defencath as a catheter lock solution for use in oncology and total parenteral nutrition patients. It is leveraging its taurolidine technology to develop a pipeline of antimicrobial medical devices, with programs in surgical sutures and meshes, and topical hydrog

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 311,710 43,470 0 70 190
Sales Growth +617.07% unch -100.00% -63.16% -20.83%
Net Income 163,060 -17,930 -46,340 -29,700 -28,210
Net Income Growth +1,009.43% +61.31% -56.03% -5.28% -28.05%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 826,140 118,850 82,060 62,040 68,950
Total Assets Growth +595.11% +44.83% +32.27% -10.02% +39.83%
Total Liabilities 420,840 34,190 11,920 6,980 6,150
Total Liabilities Growth +1,130.89% +186.83% +70.77% +13.50% +20.83%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 175,050 -50,610 -38,410 -24,360 -21,160
Operating Cash Flow Growth +445.88% -31.76% -57.68% -15.12% +3.69%
Net Cash Flow 105,070 -3,070 450 -10,180 11,450
Change in Net Cash Flow +3,522.48% -782.22% +104.42% -188.91% -55.22%
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