Below are the financial statements of Vericel, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 74,520a | 69,088a |
| Restricted cash | 10,529a | 17,778a |
| Short-term investments | 41,693a | 40,469a |
| Accounts receivable, net | 61,375a | 58,356a |
| Inventory | 17,373a | 13,087a |
| Other current assets | 7,287a | 6,853a |
| Total current assets | 212,777a | 205,631a |
| Property and equipment, net | 103,161a | 41,635a |
| Intangible assets, net | 6,250a | 6,875a |
| Right-of-use assets | 70,098a | 73,462a |
| Long-term investments | 39,880a | 25,283a |
| Other long-term assets | 556a | 771a |
| Total assets | 432,722a | 353,657a |
| Liabilities and shareholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 23,848a | 22,347a |
| Accrued expenses | 17,065a | 17,215a |
| Current portion of operating lease liabilities | 9,257a | 6,187a |
| Other current liabilities | 116a | 0a |
| Total current liabilities | 50,286a | 45,749a |
| Operating lease liabilities | 89,593a | 81,856a |
| Other long-term liabilities | 876a | 100a |
| Total liabilities | 140,755a | 127,705a |
| Shareholders’ equity | — | — |
| Common stock, no par value | 684,778a | 629,229a |
| Accumulated other comprehensive loss | 4a | -100a |
| Accumulated deficit | -392,815a | -403,177a |
| Total shareholders’ equity | 291,967a | 225,952a |
| Total liabilities and shareholders’ equity | 432,722a | 353,657a |
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