Baird Medical Investment Holdings Ltd balance sheet
At the end of fiscal 2025, Baird Medical Investment Holdings Ltd had total assets of $69.7m, total liabilities of $38.5m and shareholders' equity of $31.4m. It held $178,321 in cash against $8.7m of debt: net debt of $8.5m.
Balance sheet
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|
| Cash and equivalents | 2 | 2 | 3 | 0 |
| Receivables | — | 31 | 47 | 43 |
| Inventory | — | 1 | 1 | 1 |
| Total current assets | — | 40 | 61 | 55 |
| Goodwill | — | 0 | 0 | 0 |
| Total assets | — | 57 | 78 | 70 |
| Accounts payable | — | 1 | 1 | 2 |
| Deferred revenue (current) | — | 0 | 1 | 1 |
| Total current liabilities | — | 19 | 35 | 32 |
| Short-term debt | — | 1 | 1 | 3 |
| Long-term debt | — | 2 | 3 | 6 |
| Total debt | 0 | 2 | 4 | 9 |
| Total liabilities | — | 21 | 38 | 38 |
| Shareholders' equity | 26 | 36 | 40 | 31 |
| Net debt (negative = net cash) | −2 | 1 | 1 | 9 |
| Shares outstanding | — | — | 26m | 31m |
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