electroCore, Inc. (ECOR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 12.53M | 11.61M | 17.35M | 10.56M | 11.97M | 16.3M | 16.78M | 17.96M | 11.71M | 14.29M | 17.84M | 11.4M | 15.37M | 21.17M | 25.31M | 29.12M | 32.49M | 37.54M | 41.88M | 25.41M |
| Cash & Short-Term Investments | 8.83M | 11.61M | 13.2M | 7.14M | 7.76M | 11.97M | 12.95M | 14.23M | 7.85M | 10.33M | 13.46M | 8.44M | 11.91M | 17.71M | 21.64M | 26.33M | 29.88M | 34.69M | 39M | 23.73M |
| Cash Only | 4.85M | 7.04M | 8.11M | 3.37M | 3.78M | 3.45M | 4.93M | 10.3M | 7.85M | 10.33M | 13.46M | 8.44M | 11.91M | 17.71M | 21.64M | 26.33M | 29.88M | 34.69M | 38M | 14.7M |
| Short-Term Investments | 3.98M | 4.58M | 5.09M | 3.77M | 3.98M | 8.52M | 8.02M | 3.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 9.03M |
| Accounts Receivable | 872K | 1.03M | 1.48M | 813K | 1.46M | 1.37M | 552K | 538K | 475K | 717K | 589K | 238K | 213K | 401K | 364K | 575K | 364K | 438K | 329.78K | 369.19K |
| Days Sales Outstanding | 8.92 | 12.47 | 12.13 | 14.01 | 18.93 | 12.53 | 7.65 | 7.51 | 9.96 | 11.57 | 8.44 | 5.78 | 9.94 | 13.75 | 21.86 | 19.81 | 19 | 23.69 | 21.62 | 22.54 |
| Inventory | 1.98M | 0 | 1.21M | 1.43M | 1.73M | 1.68M | 1.96M | 2.58M | 2.51M | 2.16M | 2.5M | 2.37M | 2.48M | 1.98M | 1.97M | 1.74M | 1.58M | 1.36M | 1.08M | 1.08M |
| Days Inventory Outstanding | 145.92 | - | 99.51 | 153.12 | 151.44 | 168.08 | 195.96 | 276.26 | 239.13 | 194.66 | 338.42 | 376.91 | 437.62 | 283.91 | 662.01 | 421.45 | 367.25 | 385.3 | 279.91 | 246.06 |
| Other Current Assets | 846K | -1.03M | 1.46M | 1.17M | 1.02M | 1.29M | 1.32M | 610K | 879K | 1.09M | 1.29M | 356K | 775K | 1.08M | 250K | 250K | 0 | -572 | 0 | 0 |
| Total Non-Current Assets | 2.96M | 7.06M | 4.06M | 4M | 4.07M | 4.17M | 4.27M | 4.4M | 2.18M | 1.81M | 2.27M | 2.82M | 2.93M | 3.58M | 4.18M | 4.36M | 4.69M | 5.29M | 5.69M | 5.89M |
| Property, Plant & Equipment | 2.9M | 0 | 3.82M | 3.86M | 3.88M | 3.9M | 3.9M | 3.96M | 1.73M | 706K | 696K | 648K | 584K | 615K | 656K | 691K | 727K | 760K | 710.76K | 751.09K |
| Fixed Asset Turnover | 3.30x | - | 2.26x | 1.91x | 1.73x | 1.81x | 1.67x | 2.16x | 4.47x | 7.41x | 6.71x | 5.76x | 4.64x | 4.03x | 2.93x | 3.04x | 2.55x | 2.03x | 2.03x | 1.72x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 54K | 7.06M | 243K | 142K | 186K | 274K | 364K | 440K | 448K | 1.1M | 1.57M | 2.17M | 2.34M | 2.97M | 3.53M | 3.67M | 3.96M | 4.53M | 4.98M | 5.14M |
| Total Assets | 15.48M | 18.67M | 21.41M | 14.56M | 16.04M | 20.47M | 21.05M | 22.36M | 13.89M | 16.1M | 20.11M | 14.22M | 18.3M | 24.76M | 29.49M | 33.48M | 37.18M | 42.83M | 47.57M | 31.3M |
| Asset Turnover | 0.56x | 0.46x | 0.48x | 0.48x | 0.37x | 0.34x | 0.30x | 0.34x | 0.36x | 0.29x | 0.26x | 0.22x | 0.13x | 0.09x | 0.06x | 0.06x | 0.05x | 0.03x | 0.04x | 0.04x |
| Asset Growth % | -3.48% | -8.81% | 1.74% | -34.87% | 15.49% | 27.13% | 4.66% | 57.19% | -24.1% | -34.96% | -31.82% | -57.52% | -50.78% | -42.2% | -38.01% | 6.98% | 10.17% | 35.9% | 28.31% | 9.21% |
| Total Current Liabilities | 12.31M | 11.35M | 12.14M | 9.62M | 7.86M | 9.15M | 7.91M | 7.25M | 7.83M | 8.12M | 8.51M | 6.58M | 5.85M | 7.04M | 6.64M | 5.64M | 4.68M | 5.49M | 5.74M | 5.76M |
| Accounts Payable | 2.17M | 2.71M | 3.07M | 2.57M | 1.76M | 1.83M | 1.24M | 1.46M | 2.32M | 2.16M | 3.03M | 2.28M | 2M | 2.13M | 1.9M | 2.05M | 2.23M | 938K | 1.25M | 2.3M |
| Days Payables Outstanding | 180.22 | 247.83 | 212.68 | 209.86 | 159.52 | 141.98 | 116.49 | 205.13 | 229.81 | 217.29 | 370.02 | 333.28 | 405.79 | 289.66 | 704.98 | 544.98 | 396.63 | 345.12 | 459.9 | 536.39 |
| Short-Term Debt | 628K | 375K | 465K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 68K | 62K | 78K | 0 | 84K | 130K | 245K | 180K | 36K | 17K | 152K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.51M | 8.26M | 5.35M | 3.01M | 2.7M | 3.88M | 6.31M | 2.78M | 2.52M | 3.13M | 3.73M | 3.28M | 2.68M | 2.77M | 1.88M | 1.35M | 1.08M | 3.26M | 1.83M | 1.42M |
| Current Ratio | 1.02x | 1.02x | 1.43x | 1.10x | 1.52x | 1.78x | 2.12x | 2.48x | 1.50x | 1.76x | 2.10x | 1.73x | 2.63x | 3.01x | 3.81x | 5.16x | 6.94x | 6.84x | 7.30x | 4.41x |
| Quick Ratio | 0.86x | 1.02x | 1.33x | 0.95x | 1.30x | 1.60x | 1.87x | 2.12x | 1.18x | 1.49x | 1.80x | 1.37x | 2.21x | 2.72x | 3.51x | 4.85x | 6.60x | 6.60x | 7.11x | 4.23x |
| Cash Conversion Cycle | -25.39 | - | -101.04 | -42.74 | 10.84 | 38.63 | 87.12 | 78.64 | 19.29 | -11.05 | -23.16 | 49.41 | 41.77 | 8 | -21.11 | -103.73 | -10.37 | 63.87 | -158.38 | -267.8 |
| Total Non-Current Liabilities | 8.86M | 9.03M | 10.34M | 3.83M | 3.82M | 3.77M | 3.68M | 3.63M | 1.57M | 537K | 560K | 583K | 605K | 625K | 645K | 664K | 682K | 700K | 715.53K | 923.18K |
| Long-Term Debt | 8.86M | 6.61M | 6.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 2.42M | 3.82M | 3.83M | 3.82M | 3.77M | 3.68M | 3.63M | 1.57M | 537K | 560K | 583K | 605K | 625K | 645K | 664K | 682K | 700K | 715.53K | 923.18K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 21.17M | 20.38M | 22.48M | 13.45M | 11.68M | 12.93M | 11.59M | 10.88M | 9.39M | 8.66M | 9.07M | 7.16M | 6.45M | 7.67M | 7.29M | 6.31M | 5.37M | 6.18M | 6.45M | 6.68M |
| Total Debt | 9.48M | 9.4M | 10.81M | 4.23M | 4.18M | 4.14M | 4.04M | 3.97M | 1.66M | 626K | 645K | 664K | 682K | 699K | 716K | 732K | 746K | 761K | 1.09M | 1.47M |
| Net Debt | 4.63M | 2.37M | 2.7M | 860K | 407K | 686K | -888K | -6.33M | -6.19M | -9.71M | -12.81M | -7.78M | -11.23M | -17.01M | -20.93M | -25.6M | -29.14M | -33.93M | -36.9M | -13.23M |
| Debt / Equity | - | - | - | 3.80x | 0.96x | 0.55x | 0.43x | 0.35x | 0.37x | 0.08x | 0.06x | 0.09x | 0.06x | 0.04x | 0.03x | 0.03x | 0.02x | 0.02x | 0.03x | 0.06x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -16.72x | -7.60x | -15.37x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | -5.69M | -1.71M | -1.07M | 1.11M | 4.37M | 7.54M | 9.46M | 11.47M | 4.5M | 7.44M | 11.04M | 7.06M | 11.85M | 17.09M | 22.2M | 27.17M | 31.82M | 36.65M | 41.12M | 24.62M |
| Equity Growth % | -230.31% | -122.65% | -111.35% | -90.3% | -2.91% | 1.37% | -14.36% | 62.4% | -62.05% | -56.44% | -50.28% | -74% | -62.76% | -53.38% | -46% | 10.39% | 19.31% | 55% | 42.29% | 14.27% |
| Book Value per Share | -0.64 | -0.21 | -0.13 | 0.13 | 0.53 | 1.01 | 1.17 | 1.63 | 0.68 | 1.12 | 1.86 | 1.49 | 2.50 | 3.60 | 4.69 | 5.76 | 6.75 | 7.78 | 8.87 | 7.61 |
| Total Shareholders' Equity | -5.69M | -1.71M | -1.07M | 1.11M | 4.37M | 7.54M | 9.46M | 11.47M | 4.5M | 7.44M | 11.04M | 7.06M | 11.85M | 17.09M | 22.2M | 27.17M | 31.82M | 36.65M | 40.48M | 23.98M |
| Common Stock | 8K | 8K | 8K | 7K | 7K | 7K | 7K | 6K | 6K | 6K | 6K | 5K | 5K | 5K | 71K | 71K | 71K | 5K | 70.44K | 48.69K |
| Retained Earnings | -196.33M | -191.06M | -188.02M | -184.62M | -180.94M | -177.09M | -173.86M | -171.37M | -168.71M | -165.2M | -161.17M | -157.14M | -152.24M | -146.37M | -140.58M | -135.13M | -129.79M | -124.21M | -119.26M | -115.27M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -64K | 99K | -15K | -19K | 70K | 114K | 177K | 45K | 12K | -64K | -98K | -76K | -13K | -69K | -154K | -72K | -14K | 13K | -124.72K | -102.46K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 635.61K | 635.61K |