Carlsmed, Inc. Liquidation Value

CARL Other

Cash & Equivalents

$85.79M
As of 2025-12-31
Current Price: N/A

Key Metrics

Cash Liquidation Value

Cash minus Total Obligations
Cash: $85.79M
Total Obligations: -$31.69M
$54.10M
Per share: $2.03
Period: 2025-12-31

Liquid Liquidation Value

Cash + AR minus Total Obligations
Cash: $85.79M
AR: $11.36M
Total Obligations: -$31.69M
$65.46M
Per share: $2.46
Period: 2025-12-31

Operating Liquidation Value

Cash + AR + Inventory minus Total Obligations
Cash: $85.79M
AR: $11.36M
Inventory: $1.84M
Total Obligations: -$31.69M
$67.31M
Per share: $2.53
Period: 2025-12-31

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Liquidation Ladder

MetricTotalPer Share
Cash Liquidation Value$54.10M$2.03
Liquid Liquidation Value$65.46M$2.46
Operating Liquidation Value$67.31M$2.53

Key Components (as of 2025-12-31)

Cash & Equivalents$85.79M
Accounts Receivable$11.36M
Inventory$1.84M
Current Liabilities$14.28M
Long-term Debt$15.35M
Op. Lease Liability$2.07M
Finance LeaseN/A
Shares Outstanding26.6M

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Historical

PeriodCashARInventoryAPCurr LiabLT DebtOp LeaseFin Lease
2025-12-31$85.79M$11.36M$1.84M$4.48M$14.28M$15.35M$2.07MN/A
2025-09-30$115.37M$11.30M$1.34M$2.67M$10.93M$15.44M$2.17MN/A
2025-06-30$33.47M$9.71M$1.07M$2.58M$9.48M$15.43M$2.28MN/A
2024-12-31$40.12M$6.77M$995,000$2.41M$8.82M$15.41M$1.77MN/A
2024-09-30$44.44MN/A$882,000N/AN/AN/AN/AN/A
2024-06-30$38.15MN/A$493,000N/AN/AN/AN/AN/A
2023-12-31$7.22MN/AN/AN/AN/AN/AN/AN/A

Comments

SEC Filings

PeriodFormFiledLink
2025-12-31 10-K 2026-02-25 View
2025-09-30 10-Q 2025-11-06 View
2025-06-30 10-Q 2025-08-28 View

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