CVRX · XBRL financial data

CVRx financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal years (CVRX's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue from contracts with customers13,03622,46939,29551,29256,651
Cost of revenue3,6404,9996,2568,3348,311
Gross profit9,39617,47033,03942,95848,340
Research and development7,5019,95211,63311,13111,132
Selling, general and administrative27,86350,04564,50991,31788,473
Total operating expenses35,36459,99776,142102,44899,605
Operating income (loss)(25,968)(42,527)(43,103)(59,490)(51,265)
Interest expense2,2191651,7994,3975,827
Other income (expense)(14,800)1,3733,8503,9773,768
Income tax expense (benefit)9110914755(18)
Net income (loss)(43,078)(41,428)(41,199)(59,965)(53,306)
Earnings per share, basic USD per share(4.16)(2.02)(1.99)(2.65)(2.04)
Earnings per share, diluted USD per share(4.16)(2.02)(1.99)(2.65)(2.04)
Weighted average shares, basic thousands of shares10,36020,53320,75422,59626,085
Weighted average shares, diluted thousands of shares10,36020,53320,75422,59626,085

Balance sheet

CSV

Fiscal years (CVRX's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Cash and cash equivalents142,072106,19490,569105,93375,708
Accounts receivable2,5605,5047,5519,26810,665
Inventory3,8806,95710,98312,10712,205
Prepaid and other current assets2,5854,2232,9872,5053,069
Total current assets151,097122,878112,090129,813101,647
Property and equipment, net1,4251,6981,7632,5052,243
Right-of-use asset03341,3491,069878
Total assets152,548124,937115,229133,414104,794
Accounts payable5101,7191,8842,5823,833
Accrued liabilities5,3986,3695,9808,1809,484
Total current liabilities5,9088,0887,86410,76213,317
Long-term debt06,74729,22249,27349,514
Lease liability, non-current01171,160877638
Total liabilities6,58915,75739,28262,35965,470
Accumulated deficit(394,754)(436,182)(477,381)(537,346)(590,652)
Total stockholders' equity145,959109,18075,94771,05539,324
Total liabilities and equity152,548124,937115,229133,414104,794
Common shares outstanding (cover page) thousands of shares20,47820,69020,92826,03626,312

Cash flows

CSV

Fiscal years (CVRX's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Net income (loss)(43,078)(41,428)(41,199)(59,965)(53,306)
Stock-based compensation1,9123,8876,30319,05011,052
Net cash from operating activities(27,732)(42,677)(39,021)(39,144)(40,170)
Purchases of property and equipment1,1836855911,361580
Net cash from investing activities(1,183)(685)(591)(1,361)(580)
Proceeds from issuing common stock133,1610032,5218,974
Repayments of long-term debt21,3000———
Net cash from financing activities111,8837,49323,98455,87010,520
Net change in cash82,960(35,878)(15,625)15,364(30,225)

Compare with peers

SIC 3841 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3841 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($K)Revenue, quarter ($K)Operating cash flow, quarter ($K)Shares outstandingRunwayQuarter
CVRx64,58615,705(8,826)*26.6M7.3 quarters 10-QJun 30, 2026
LENSAR13,56516,495(127)*12.3M106.8 quarters 10-QJun 30, 2026
TriSalus Life Sciences46,28811,407(10,129)*61.6M4.6 quarters 10-QJun 30, 2026
KORU Medical Systems8,28812,045216*46.2M— 10-QJun 30, 2026
InfuSystem Holdings96436,9336,777*19.9M— 10-QJun 30, 2026
Shoulder Innovations24,46017,175(7,392)*20.8M13.4 quarters 10-QJun 30, 2026
Pulmonx52,69022,835(3,183)*43.6M8.5 quarters 10-QSep 30, 2026
Venus Concept4,31213,776(4,890)*1.9M0.9 quarters 10-QSep 30, 2025
Neuronetics22,10641,9621,238*77.7M— 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.