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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, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 43,470 0 70 190 240
Sales Growth unch -100.00% -63.16% -20.83% -14.29%
Net Income -17,930 -46,340 -29,700 -28,210 -22,030
Net Income Growth +61.31% -56.03% -5.28% -28.05% -34.08%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 118,850 82,060 62,040 68,950 49,310
Total Assets Growth +44.83% +32.27% -10.02% +39.83% +67.27%
Total Liabilities 34,190 11,920 6,980 6,150 5,090
Total Liabilities Growth +186.83% +70.77% +13.50% +20.83% -12.69%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -50,610 -38,410 -24,360 -21,160 -21,970
Operating Cash Flow Growth -31.76% -57.68% -15.12% +3.69% -45.98%
Net Cash Flow -3,070 450 -10,180 11,450 25,570
Change in Net Cash Flow -782.22% +104.42% -188.91% -55.22% +2,113.39%
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