Journey Medical Corp balance sheet

At the end of fiscal 2025, Journey Medical Corp had total assets of $94.6m, total liabilities of $62.7m and shareholders' equity of $31.9m. It held $24.1m in cash against $26.3m of debt: net debt of $2.2m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Journey Medical Corp: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	8	49	32	27	20	24	26
Receivables	24	23	28	15	10	30	36
Inventory	1	10	14	10	14	10	8
Total current assets	35	84	78	56	48	67	73
Total assets	52	97	105	77	80	95	98
Accounts payable	2	23	37	18	16	9	8
Total current liabilities	28	52	67	42	35	37	46
Short-term debt	—	—	—	—	—	—	5
Long-term debt	—	—	20	15	25	25	20
Total debt	0	1	31	16	25	26	26
Total liabilities	42	55	88	56	60	63	66
Shareholders' equity	10	42	17	20	20	32	32
Net debt (negative = net cash)	−8	−48	−1	−12	5	2	1
Shares outstanding	—	11m	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Journey Medical Corp: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	11	10	18	16	18	30	25	36
Inventory	12	14	12	13	12	10	9	8
Total current assets	46	48	54	51	56	67	65	73
Total assets	64	80	85	81	85	95	92	98
Accounts payable	15	16	14	13	12	9	8	8
Total current liabilities	33	35	40	40	40	37	38	46
Short-term debt	—	—	2	4	6	—	3	5
Long-term debt	20	25	23	21	20	25	23	20
Total debt	20	25	25	25	25	25	25	25
Total liabilities	53	60	63	62	59	63	61	66
Shareholders' equity	11	20	22	19	26	32	31	32

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Journey Medical Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Journey Medical Corp.