Journey Medical (DERM) Balance Sheet: Assets & Liabilities

Journey Medical (DERM) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Journey Medical reported total assets of $94.59M and total liabilities of $62.74M. Shareholders' equity was $31.85M, up 58.7% from $20.07M a year earlier. Total debt stood at $25.38M against $24.09M in cash and short-term investments, a net debt position of $1.29M. That puts debt-to-equity at 0.80, compared with 1.27 a year earlier.

Journey Medical Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Journey Medical Corporation (DERM) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	24.09	20.31	27.44	32.00	49.08	8.25	4.80	104.98	295.92
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	208.06	255.07
Cash & Short-Term Investments	24.09	20.31	27.44	32.00	49.08	8.25	4.80	313.04	550.99
Accounts Receivable	29.78	10.23	15.22	28.21	23.11	23.93	18.96	5.72	0.05
Inventory	9.62	14.43	10.21	14.16	9.86	1.40	0.86	8.37	0.00
Other Current Assets	3.38	3.21	3.59	3.31	2.44	1.66	0.66	8.28	5.57
Total Current Assets	66.87	48.18	56.46	77.68	84.49	35.24	25.27	335.41	556.61
Non-Current Assets
Property, Plant & Equipment (Net)	0.11	0.20	0.10	0.19	0.09	0.18	0.09	1.18	1.43
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.96	0.00
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.77	0.77
Intangible Assets	27.61	31.86	20.29	27.20	12.55	15.03	7.38	0.95	1.13
Other Non-Current Assets	0.00	0.00	0.01	0.10	0.15	0.01	0.01	3.05	0.66
Total Non-Current Assets	27.72	32.06	20.39	27.48	12.79	16.66	8.59	8.91	4.18
Total Assets	94.59	80.24	76.85	105.16	97.28	51.91	33.86	344.32	560.79
Current Liabilities
Accounts Payable	9.31	16.05	18.15	36.98	22.81	1.86	2.11	15.95	15.09
Short-Term Debt	0.10	0.63	3.10	2.95	5.42	4.52	0.08	0.00	4.63
Current Portion of Long-Term Debt	-	0.63	3.00	2.24	4.51	4.52	-	-	-
Accrued Liabilities	27.97	9.95	10.55	19.55	12.51	19.02	-	-	-
Deferred Revenue	0.00	0.00	0.05	0.00	0.00	0.00	0.00	0.00	4.99
Other Current Liabilities	0.07	0.63	3.36	7.27	23.37	2.58	18.71	19.42	76.03
Total Current Liabilities	37.44	35.18	41.87	66.83	51.61	28.06	20.90	38.56	105.36
Non-Current Liabilities
Long-Term Debt	25.28	24.88	14.62	19.83	3.63	13.36	10.21	313.79	279.39
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.01	0.10	0.00	0.00	0.19
Other Non-Current Liabilities	0.00	0.00	0.00	1.41	0.00	0.10	0.00	1.02	0.92
Total Non-Current Liabilities	25.30	25.00	14.63	21.35	3.64	13.55	10.21	314.80	305.79
Total Liabilities	62.74	60.17	56.50	88.18	55.24	41.61	31.11	353.36	411.15
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.04
Retained Earnings	-98.46	-87.03	-72.36	-68.50	-38.87	5.12	-0.16	-745.04	-553.39
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	-	0.00	0.00	-1.02	-0.51
Additional Paid-in Capital	130.31	107.09	92.70	85.48	80.92	5.17	2.91	736.97	703.51
Shares Outstanding	27.14	22.15	19.32	17.77	17.32	-	-	-	-
Total Stockholders' Equity	31.85	20.07	20.35	16.98	42.04	10.29	2.75	-9.04	149.65
Total Liabilities & Equity	94.59	80.24	76.85	105.16	97.28	51.91	33.86	344.32	560.79

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Journey Medical Balance Sheet

How much debt does Journey Medical have?

Journey Medical had total debt of $25.38M as of Dec 31, 2025, against $24.09M in cash and short-term investments. Its debt-to-equity ratio was 0.80. Total debt was $25.50M a year earlier.

What are Journey Medical's total assets?

Journey Medical reported total assets of $94.59M as of Dec 31, 2025, up 17.9% from $80.24M a year earlier. Total liabilities were $62.74M.

What is Journey Medical's shareholders' equity?

Journey Medical's shareholders' equity was $31.85M as of Dec 31, 2025, or about $1.17 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition