Tivic Health Systems, Inc. (TIVC) 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 | 8.65M | 13.01M | 3.74M | 1.84M | 1.26M | 2.64M | 3.16M | 4.66M | 2.77M | 4.65M | 6.46M | 4M | 6.48M | 4.72M | 7.59M | 10.37M | 12M | 14.29M | 1.4M | 2.14M |
| Cash & Short-Term Investments | 7.21M | 12.64M | 3.45M | 1.18M | 669K | 2M | 2.19M | 3.69M | 1.67M | 3.4M | 5.17M | 2.66M | 5.17M | 3.52M | 6.34M | 9.06M | 10.8M | 12.97M | 848K | 1.62M |
| Cash Only | 7.21M | 12.64M | 3.45M | 1.18M | 669K | 2M | 2.19M | 3.69M | 1.67M | 3.4M | 5.17M | 2.66M | 5.17M | 3.52M | 6.33M | 9.05M | 10.8M | 12.97M | 848K | 1.62M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15K | 15K | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 19K | 13K | 13K | 69K | 9K | 16K | 74K | 174K | 131K | 13K | 57K | 107K | 95K | 92K | 117K | 92K | 150K | 129K |
| Days Sales Outstanding | - | - | 10.08 | 13.76 | 52.71 | 19.93 | 9.13 | 29.25 | 33.78 | 39.3 | 23.49 | 19.78 | 19.63 | 22.77 | 18.03 | 18.01 | 21.97 | 30.42 | 46.33 | 35.31 |
| Inventory | 750K | 0 | 4K | 283K | 306K | 319K | 731K | 766K | 774K | 756K | 928K | 988K | 943K | 863K | 761K | 833K | 447K | 429K | 290K | 291K |
| Days Inventory Outstanding | - | - | 45.37 | 837.48 | 1.41K | 115.27 | 839.78 | 637 | 416.86 | 218.82 | 506.53 | 878.61 | 309.01 | 204.67 | 177.11 | 144.52 | 110.11 | 84.59 | 88.2 | 80.42 |
| Other Current Assets | 687K | 361K | 267K | 74K | 273K | 249K | 234K | 188K | 250K | 327K | 227K | 65K | 21K | 235K | 307K | 86K | 0 | -41K | 110K | 98K |
| Total Non-Current Assets | 29.56M | 18.6M | 2.49M | 2.67M | 2.52M | 168K | 231K | 120K | 520K | 602K | 552K | 596K | 619K | 1.3M | 614K | 654K | 696K | 747K | 583K | 393K |
| Property, Plant & Equipment | 13.14M | 16.1M | 12K | 120K | 118K | 119K | 119K | 120K | 425K | 471K | 518K | 562K | 585K | 535K | 580K | 620K | 663K | 698K | 13K | 15K |
| Fixed Asset Turnover | - | -0.04x | 2.21x | 0.72x | 0.59x | 1.51x | 1.05x | 0.51x | 0.75x | 0.72x | 0.52x | 0.28x | 0.67x | 0.73x | 0.80x | 0.82x | 0.63x | 1.03x | 19.79x | 16.75x |
| Goodwill | 3.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 2.24M | 0 | 2.24M | 2.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 368K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 12.6M | 260K | 2.48M | 303K | 172K | 49K | 112K | 0 | 95K | 34K | 34K | 34K | 34K | 618K | 34K | 34K | 33K | 49K | 570K | 378K |
| Total Assets | 38.22M | 31.61M | 6.23M | 4.51M | 3.78M | 2.81M | 3.39M | 4.78M | 3.29M | 5.25M | 7.01M | 4.6M | 7.1M | 6.02M | 8.21M | 11.03M | 12.69M | 15.04M | 1.98M | 2.53M |
| Asset Turnover | - | -0.02x | 0.03x | 0.02x | 0.02x | 0.06x | 0.03x | 0.03x | 0.08x | 0.06x | 0.05x | 0.03x | 0.06x | 0.06x | 0.05x | 0.04x | 0.03x | 0.04x | 0.12x | 0.14x |
| Asset Growth % | 911.78% | 1026.01% | 83.53% | -5.75% | 14.94% | -46.57% | -51.56% | 4.07% | -53.72% | -12.7% | -14.63% | -58.32% | -44.06% | -59.98% | 314.34% | 335.12% | 929.52% | 882.1% | - | - |
| Total Current Liabilities | 2.62M | 646K | 638K | 821K | 741K | 272K | 560K | 591K | 992K | 1.4M | 1M | 1.16M | 1.57M | 1.88M | 2.02M | 2.38M | 1.1M | 1.22M | 5.59M | 5.28M |
| Accounts Payable | 629K | 264K | 465K | 234K | 438K | 125K | 333K | 446K | 547K | 713K | 638K | 831K | 1.09M | 1.32M | 1.6M | 1.92M | 625K | 789K | 1.3M | 1.18M |
| Days Payables Outstanding | - | - | 110.49 | 955.5 | 1.27K | 50.28 | 437 | 410.74 | 343.29 | 175.55 | 388.36 | 875.88 | 413.56 | 368.63 | 390.78 | 286.77 | 177.74 | 245.65 | 376.96 | 279.35 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 193K | 0 | 0 | 0 | 163K | 0 | 0 | 0 | 0 | 1.99M | 1.96M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8K | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 0 | 0 | 14K |
| Other Current Liabilities | 4K | 6K | 173K | 194K | 303K | 15K | 4K | 4K | 3K | 269K | 3K | 1K | 2K | 245K | 261K | 1K | 11K | 61K | 1.99M | 1.82M |
| Current Ratio | 3.31x | 20.13x | 5.86x | 2.24x | 1.70x | 9.70x | 5.65x | 7.89x | 2.79x | 3.32x | 6.46x | 3.45x | 4.12x | 2.51x | 3.75x | 4.36x | 10.94x | 11.72x | 0.25x | 0.41x |
| Quick Ratio | 3.02x | 20.13x | 5.86x | 1.90x | 1.29x | 8.53x | 4.34x | 6.59x | 2.01x | 2.78x | 5.53x | 2.60x | 3.52x | 2.05x | 3.38x | 4.01x | 10.53x | 11.37x | 0.20x | 0.35x |
| Cash Conversion Cycle | - | - | -55.05 | -104.26 | 192.21 | 84.93 | 411.91 | 255.51 | 107.35 | 82.57 | 141.66 | 22.51 | -84.92 | -141.19 | -195.63 | -124.25 | -45.65 | -130.64 | -242.42 | -163.62 |
| Total Non-Current Liabilities | 17.05M | 14.16M | 0 | 0 | 0 | 0 | 0 | 0 | 141K | 273K | 242K | 275K | 323K | 510K | 413K | 461K | 504K | 545K | 2.18M | 857K |
| Long-Term Debt | 6.9M | 6.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.18M | 857K |
| Capital Lease Obligations | 9.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 141K | 176K | 242K | 275K | 323K | 367K | 413K | 461K | 504K | 545K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97K | 0 | 0 | 0 | 143K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 510K | 7.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Total Liabilities | 27.15M | 14.81M | 638K | 821K | 741K | 272K | 560K | 591K | 1.13M | 1.67M | 1.24M | 1.44M | 1.9M | 2.39M | 2.44M | 2.84M | 1.6M | 1.76M | 7.77M | 6.14M |
| Total Debt | 17.03M | 6.45M | 0 | 0 | 0 | 0 | 0 | 0 | 321K | 369K | 415K | 460K | 505K | 530K | 573K | 631K | 672K | 708K | 4.17M | 2.82M |
| Net Debt | 9.82M | -6.19M | -3.45M | -1.18M | -669K | -2M | -2.19M | -3.69M | -1.35M | -3.03M | -4.75M | -2.2M | -4.66M | -2.99M | -5.75M | -8.42M | -10.13M | -12.27M | 3.32M | 1.2M |
| Debt / Equity | 1.54x | 0.38x | - | - | - | - | - | - | 0.15x | 0.10x | 0.07x | 0.15x | 0.10x | 0.15x | 0.10x | 0.08x | 0.06x | 0.05x | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -23.50x | -1.05x | -4.20x |
| Total Equity | 11.06M | 16.8M | 5.59M | 3.69M | 3.04M | 2.54M | 2.83M | 4.19M | 2.15M | 3.58M | 5.76M | 3.16M | 5.21M | 3.63M | 5.77M | 8.19M | 11.09M | 13.27M | -5.79M | -3.6M |
| Equity Growth % | 264.36% | 562.6% | 97.28% | -12.05% | 41.01% | -29.19% | -50.84% | 32.62% | -58.64% | -1.38% | -0.12% | -61.39% | -53.08% | -72.65% | 199.65% | 327.23% | 552.41% | 1227.61% | - | - |
| Book Value per Share | 3.84 | 58.45 | 4.23 | 4.18 | 5.09 | 26.47 | 23.35 | 53.32 | 24.94 | 41.30 | 82.37 | 181.06 | 439.72 | 37.51 | 59.64 | 85.09 | 114.18 | 198.58 | -224.65 | -151.74 |
| Total Shareholders' Equity | 11.06M | 16.8M | 5.59M | 3.69M | 3.04M | 2.54M | 2.83M | 4.19M | 2.15M | 3.58M | 5.76M | 3.16M | 5.21M | 3.63M | 5.77M | 8.19M | 11.09M | 13.27M | -5.79M | -3.6M |
| Common Stock | 2K | 2K | 2K | 1K | 1K | 1K | 1K | 1K | 0 | 0 | 0 | 3K | 3K | 1K | 1K | 1K | 1K | 1K | 0 | 0 |
| Retained Earnings | -59.03M | -52.6M | -49.62M | -46.98M | -45.04M | -43.54M | -42.06M | -40.63M | -39.37M | -37.89M | -35.64M | -33.88M | -31.76M | -29.64M | -27.39M | -24.8M | -21.79M | -19.55M | -15.82M | -13.5M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |