Sanara Medtech Inc. balance sheet

At the end of fiscal 2025, Sanara Medtech Inc. had total assets of $72.9m, total liabilities of $67.0m and shareholders' equity of $5.9m. It held $16.6m in cash against $46.9m of debt: net debt of $30.3m.

Balance sheet

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

Sanara Medtech Inc.: balance sheet, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	0	0	0	0	1	0	1	0	0	7	0	19	9	5	16	17	15
Receivables	0	0	0	0	0	0	1	1	1	1	0	3	7	—	—	12	13
Inventory	0	0	0	0	0	0	0	1	0	1	1	2	4	5	3	4	3
Total current assets	1	2	1	1	1	1	2	2	2	9	4	25	21	19	33	34	32
Goodwill	—	—	—	—	—	—	—	—	—	—	—	—	4	4	4	4	4
Total assets	7	4	1	1	1	1	2	2	2	11	10	36	61	74	88	73	69
Accounts payable	0	0	0	0	0	0	0	0	0	0	0	0	1	—	—	2	1
Total current liabilities	6	7	5	3	2	1	1	2	1	3	4	6	13	14	15	19	12
Short-term debt	—	—	—	—	—	—	—	—	—	0	—	—	—	1	—	—	—
Long-term debt	—	0	0	—	0	1	1	0	0	0	0	—	—	9	31	46	46
Total debt	0	1	2	3	0	2	2	1	0	2	0	0	0	10	32	47	47
Total liabilities	6	8	5	3	2	3	3	2	1	5	4	6	19	29	49	67	61
Shareholders' equity	1	−4	−4	−2	−1	−1	−0	0	1	6	6	31	42	45	39	6	8
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	—	—	—	−0	—	—	—	—	—	—
Net debt (negative = net cash)	0	1	2	3	−0	2	1	1	−0	−5	−0	−19	−9	5	16	30	32
Shares outstanding	—	—	—	—	—	—	—	—	—	—	6m	8m	8m	9m	9m	9m	9m

US$ millions unless shown otherwise. Fiscal quarters.

Sanara Medtech Inc.: 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	—	—	—	—	—	12	14	13
Inventory	3	3	3	4	3	4	3	3
Total current assets	32	33	37	34	31	34	31	32
Goodwill	4	4	4	4	4	4	4	4
Total assets	89	88	96	99	71	73	69	69
Accounts payable	—	—	—	—	—	2	—	1
Total current liabilities	14	15	13	15	17	19	14	12
Long-term debt	30	31	43	44	45	46	46	46
Total debt	30	31	43	44	45	46	46	46
Total liabilities	49	49	60	63	65	67	62	61
Shareholders' equity	40	39	37	35	6	6	7	8
Shares outstanding	9m	9m	9m	9m	9m	9m	9m	9m

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 Sanara Medtech Inc.'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 Sanara Medtech Inc.