IRIDEX Corporation (IRIX) 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 | 24.58M | 25.25M | 24.07M | 26.87M | 29.13M | 23.56M | 24.34M | 25.01M | 27.58M | 27.45M | 27.34M | 30.96M | 34.7M | 35.77M | 38.35M | 39.44M | 41.93M | 42.25M | 43.91M | 43.73M |
| Cash & Short-Term Investments | 4.59M | 6.03M | 5.57M | 6.78M | 7.24M | 2.39M | 3.86M | 4.11M | 5.42M | 7.03M | 7.98M | 9.82M | 11.05M | 13.92M | 15.86M | 17.97M | 20.62M | 23.85M | 25.57M | 26.26M |
| Cash Only | 4.59M | 6.03M | 5.57M | 6.78M | 7.24M | 2.39M | 3.86M | 4.11M | 5.42M | 7.03M | 7.98M | 9.82M | 11.05M | 13.92M | 15.86M | 17.97M | 20.62M | 23.85M | 25.57M | 26.26M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.42M | 9.54M | 9.53M | 10.03M | 9.39M | 8.39M | 7.78M | 8.04M | 9.15M | 9.65M | 8.11M | 8.8M | 10.76M | 9.77M | 9.74M | 9.24M | 10.45M | 9.72M | 8.52M | 8.6M |
| Days Sales Outstanding | 69.26 | 63.48 | 71.29 | 65.1 | 65.76 | 59.88 | 62.16 | 61.92 | 71.93 | 65.61 | 59.89 | 69.23 | 68.14 | 58.43 | 59.01 | 65.13 | 69.3 | 53.8 | 58.73 | 56.88 |
| Inventory | 9.32M | 7.88M | 7.3M | 8.44M | 10.14M | 10.82M | 10.94M | 11.12M | 11M | 9.91M | 10.12M | 11.13M | 11.24M | 10.61M | 10.77M | 10.18M | 9.09M | 7.61M | 8.79M | 7.96M |
| Days Inventory Outstanding | 110.89 | 81.83 | 84.52 | 94.25 | 134.8 | 143.84 | 138.33 | 134.31 | 127.37 | 120.33 | 133.73 | 135.86 | 127.98 | 113.99 | 116.55 | 117.07 | 103.7 | 79.79 | 101.88 | 93.29 |
| Other Current Assets | 2.25M | 1.8M | 1.66M | 1.63M | 2.36M | 1.96M | 1.75M | 1.73M | 2.01M | 856K | 1.13M | 1.22M | 1.65M | 1.47M | 1.98M | 2.06M | 1.77M | 0 | 0 | 0 |
| Total Non-Current Assets | 3.69M | 3.9M | 4.29M | 4.72M | 5.11M | 5.57M | 5.82M | 6.24M | 6.51M | 6.99M | 7.61M | 5.97M | 6.28M | 6.52M | 6.61M | 6.2M | 6.09M | 6.43M | 6.64M | 6.79M |
| Property, Plant & Equipment | 635K | 826K | 1.06M | 1.33M | 1.62M | 1.91M | 2.19M | 2.38M | 2.67M | 2.98M | 3.31M | 1.53M | 1.87M | 2.13M | 2.3M | 2.53M | 2.69M | 2.99M | 3.36M | 3.47M |
| Fixed Asset Turnover | 16.15x | 15.60x | 10.42x | 9.18x | 6.74x | 6.20x | 5.07x | 5.00x | 4.16x | 3.96x | 5.30x | 7.55x | 6.85x | 6.87x | 6.07x | 5.27x | 4.71x | 4.80x | 3.89x | 4.96x |
| Goodwill | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K | 965K |
| Intangible Assets | 904K | 984K | 1.06M | 1.14M | 1.22M | 1.31M | 1.39M | 1.48M | 1.56M | 1.64M | 1.73M | 1.81M | 1.89M | 1.98M | 2.06M | 2.11M | 2.16M | 2.21M | 2.25M | 2.3M |
| 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 | 1.19M | 1.12M | 1.2M | 1.27M | 1.3M | 1.39M | 1.27M | 1.42M | 1.32M | 1.4M | 1.6M | 1.66M | 1.55M | 1.46M | 1.29M | 599K | 278K | 271K | 57K | 56K |
| Total Assets | 28.27M | 29.15M | 28.35M | 31.59M | 34.24M | 29.14M | 30.15M | 31.25M | 34.09M | 34.44M | 34.95M | 36.94M | 40.98M | 42.29M | 44.96M | 45.65M | 48.02M | 48.69M | 50.54M | 50.52M |
| Asset Turnover | 0.41x | 0.51x | 0.42x | 0.41x | 0.38x | 0.43x | 0.38x | 0.39x | 0.34x | 0.36x | 0.36x | 0.33x | 0.33x | 0.35x | 0.32x | 0.29x | 0.28x | 0.31x | 0.26x | 0.27x |
| Asset Growth % | -17.41% | 0.05% | -5.97% | 1.08% | 0.42% | -15.39% | -13.72% | -15.4% | -16.81% | -18.57% | -22.26% | -19.08% | -14.67% | -13.14% | -11.05% | -9.65% | -3.1% | 74.07% | 77.6% | 72.57% |
| Total Current Liabilities | 12.83M | 13.21M | 12.39M | 13.71M | 14.95M | 16.56M | 15.85M | 16.14M | 16.07M | 12.97M | 10.35M | 12.23M | 13.16M | 12.45M | 13.63M | 12.35M | 12.59M | 12.65M | 12.97M | 10.92M |
| Accounts Payable | 5.75M | 5.5M | 4.62M | 5.31M | 6.05M | 6.99M | 6.2M | 7.77M | 7.68M | 4.5M | 2.61M | 4.14M | 3.55M | 3.86M | 4.54M | 3.81M | 3.45M | 2.77M | 3.21M | 2.25M |
| Days Payables Outstanding | 72.56 | 54.58 | 53.37 | 57.65 | 83.83 | 87.16 | 87.56 | 93.77 | 74.2 | 42.72 | 42.51 | 46.7 | 43.37 | 44.79 | 46.48 | 44.15 | 38.65 | 29.09 | 33.19 | 24.47 |
| Short-Term Debt | 424K | 699K | 1.03M | 0 | 0 | 1.73M | 1.31M | 0 | 0 | 0 | 995K | 1.05M | 1.05M | 0 | 1.01M | 994K | 938K | 0 | 0 | 0 |
| Deferred Revenue (Current) | 2.04M | 2.16M | 2.21M | 2.27M | 2.09M | 3.49M | 2.33M | 2.29M | 2.45M | 3.33M | 2.24M | 2.31M | 2.42M | 3.38M | 2.43M | 2.37M | 2.36M | 3.45M | 2.25M | 2M |
| Other Current Liabilities | 2.89M | 4.85M | 2.6M | 3.12M | 4.06M | 1.67M | 3.42M | 3.61M | 3.52M | 1.62M | 2.31M | 2.57M | 3.33M | 2.45M | 2.79M | 2.88M | 3.52M | 3.19M | 5.04M | 4.36M |
| Current Ratio | 1.92x | 1.91x | 1.94x | 1.96x | 1.95x | 1.42x | 1.54x | 1.55x | 1.72x | 2.12x | 2.64x | 2.53x | 2.64x | 2.87x | 2.81x | 3.19x | 3.33x | 3.34x | 3.39x | 4.00x |
| Quick Ratio | 1.19x | 1.32x | 1.35x | 1.34x | 1.27x | 0.77x | 0.85x | 0.86x | 1.03x | 1.35x | 1.66x | 1.62x | 1.78x | 2.02x | 2.02x | 2.37x | 2.61x | 2.74x | 2.71x | 3.27x |
| Cash Conversion Cycle | 107.6 | 90.73 | 102.44 | 101.7 | 116.74 | 116.55 | 112.93 | 102.46 | 125.11 | 143.21 | 151.11 | 158.38 | 152.75 | 127.63 | 129.08 | 138.05 | 134.35 | 104.51 | 127.42 | 125.7 |
| Total Non-Current Liabilities | 10.71M | 11.02M | 11.28M | 11.82M | 18.44M | 10.48M | 11.68M | 10.86M | 11.54M | 11.94M | 12.54M | 11.25M | 11.93M | 12.61M | 13.25M | 13.86M | 14.11M | 12.74M | 12.25M | 12.72M |
| Long-Term Debt | 3.77M | 3.73M | 3.71M | 3.67M | 3.64M | 1M | 1.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 87K | 98K | 52K | 248K | 535K | 811K | 1.16M | 1.29M | 1.53M | 1.75M | 1.9M | 210K | 472K | 732K | 961K | 1.22M | 1.48M | 1.73M | 1.97M | 2.14M |
| 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 | 440K | 387K | 315K | 307K | 6.29M | 314K | 321K | 303K | 304K | 164K | 164K | 163K | 150K | 132K | 118K | 100K | 100K | 83K | 82K | 103K |
| Total Liabilities | 23.54M | 24.23M | 23.67M | 25.53M | 33.38M | 27.04M | 27.53M | 27M | 27.6M | 24.91M | 22.89M | 23.49M | 25.1M | 25.06M | 26.88M | 26.21M | 26.7M | 25.39M | 25.22M | 23.64M |
| Total Debt | 4.28M | 4.53M | 4.79M | 5.07M | 5.3M | 4.64M | 4.91M | 2.29M | 2.52M | 2.75M | 2.9M | 1.26M | 1.52M | 1.77M | 1.97M | 2.22M | 2.42M | 2.66M | 2.89M | 2.99M |
| Net Debt | -319K | -1.5M | -788K | -1.71M | -1.95M | 2.26M | 1.05M | -1.82M | -2.9M | -4.29M | -5.08M | -8.56M | -9.53M | -12.15M | -13.88M | -15.75M | -18.2M | -21.2M | -22.68M | -23.27M |
| Debt / Equity | 0.90x | 0.92x | 1.02x | 0.84x | 6.22x | 2.21x | 1.87x | 0.54x | 0.39x | 0.29x | 0.24x | 0.09x | 0.10x | 0.10x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x |
| Debt / EBITDA | - | 11.14x | - | - | 30.11x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | -3.68x | - | - | -11.05x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 4.73M | 4.92M | 4.68M | 6.06M | 852K | 2.1M | 2.62M | 4.25M | 6.49M | 9.52M | 12.06M | 13.45M | 15.88M | 17.23M | 18.07M | 19.43M | 21.33M | 23.3M | 25.32M | 26.88M |
| Equity Growth % | 455.4% | 134.72% | 78.46% | 42.7% | -86.87% | -77.98% | -78.26% | -68.43% | -59.15% | -44.74% | -33.26% | -30.78% | -25.52% | -26.04% | -28.62% | -27.71% | -16.85% | 34.16% | 46.78% | 43.02% |
| Book Value per Share | 0.27 | 0.29 | 0.28 | 0.36 | 0.05 | 0.13 | 0.16 | 0.26 | 0.40 | 0.59 | 0.74 | 0.84 | 0.99 | 1.08 | 1.13 | 1.22 | 1.34 | 1.47 | 1.60 | 1.65 |
| Total Shareholders' Equity | 4.73M | 4.92M | 4.68M | 6.06M | 852K | 2.1M | 2.62M | 4.25M | 6.49M | 9.52M | 12.06M | 13.45M | 15.88M | 17.23M | 18.07M | 19.43M | 21.33M | 23.3M | 25.32M | 26.88M |
| Common Stock | 174K | 174K | 174K | 174K | 174K | 174K | 174K | 172K | 172K | 172K | 172K | 171K | 169K | 169K | 169K | 169K | 168K | 168K | 168K | 167K |
| Retained Earnings | -92.97M | -92.45M | -92.26M | -90.69M | -89.69M | -88.01M | -87.12M | -85.19M | -82.51M | -79.04M | -76.08M | -74.33M | -71.56M | -69.72M | -68.57M | -66.8M | -64.56M | -62.17M | -59.73M | -57.56M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -10K | -14K | 0 | -13K | 29K | 51K | 2K | 2K | -16K | -52K | -19K | -40K | -35K | -24K | 188K | 129K | 73K | 45K | 29K | 9K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |