How much debt does IRIDEX have?

IRIDEX had total debt of $3.73M as of Jan 3, 2026, against $6.03M in cash and short-term investments. Its debt-to-equity ratio was 0.76. Total debt was $4.53M a year earlier.

What are IRIDEX's total assets?

IRIDEX reported total assets of $29.15M as of Jan 3, 2026, flat from $29.15M a year earlier. Total liabilities were $24.23M.

What is IRIDEX's shareholders' equity?

IRIDEX's shareholders' equity was $4.92M as of Jan 3, 2026.

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.

IRIDEX (IRIX) Balance Sheet: Assets & Liabilities

IRIDEX 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 IRIDEX Corporation (IRIX) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Jan 2022	Dec 2021	Jan 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	6.03	6.03	2.39	7.03	13.92	23.85	23.85	11.63	11.63	12.65	21.19	21.71
Cash & Short-Term Investments	6.03	6.03	2.39	7.03	13.92	23.85	23.85	11.63	11.63	12.65	21.19	21.71
Accounts Receivable	7.61	9.55	8.39	6.73	6.23	6.61	6.61	7.29	7.29	9.32	9.08	7.86
Inventory	7.88	7.88	10.82	9.91	10.61	7.61	7.61	5.71	5.71	8.17	8.79	9.38
Other Current Assets	1.80	1.80	1.96	0.86	1.47	1.07	1.07	0.73	0.73	0.40	1.09	1.00
Total Current Assets	25.25	25.25	23.56	27.45	35.77	42.25	42.25	25.36	25.36	30.55	39.62	39.45
Non-Current Assets
Property, Plant & Equipment (Net)	0.83	0.83	1.91	2.98	2.13	2.99	2.99	1.88	1.88	3.49	1.22	1.40
Goodwill	0.97	0.97	0.97	0.97	0.97	0.97	0.97	0.53	0.53	0.53	0.53	0.53
Intangible Assets	0.98	0.98	1.31	1.64	1.98	2.21	2.21	0.07	0.07	0.08	0.10	0.12
Other Non-Current Assets	1.12	1.12	1.39	1.40	1.46	0.27	0.27	0.13	0.13	0.15	0.20	0.14
Total Non-Current Assets	-	3.90	5.57	6.99	6.52	-	6.43	-	2.61	4.26	2.05	2.20
Total Assets	29.15	29.15	29.14	34.44	42.29	48.69	48.69	27.97	27.97	34.81	41.67	41.65
Current Liabilities
Accounts Payable	5.50	5.39	6.99	4.50	3.86	3.40	2.77	1.15	1.15	2.59	2.52	1.72
Short-Term Debt	-	0.70	2.83	1.00	1.04	-	0.93	1.25	2.66	1.41	0.00	0.00
Current Portion of Long-Term Debt	-	-	1.73	-	-	-	-	1.25	-	-	-	-
Accrued Liabilities	2.95	0.82	0.77	2.06	1.55	4.77	1.51	2.96	-	-	-	-
Deferred Revenue	2.16	3.68	3.49	3.33	3.38	2.36	3.45	0.94	0.94	2.23	2.23	2.52
Other Current Liabilities	1.90	3.45	3.11	4.05	4.11	1.20	5.42	0.98	3.94	3.52	6.19	6.09
Total Current Liabilities	13.21	13.21	16.56	12.97	12.45	12.65	12.65	8.68	8.68	9.78	11.09	10.39
Non-Current Liabilities
Long-Term Debt	3.74	3.83	1.82	1.75	0.73	-	1.73	1.25	1.53	1.80	0.00	0.00
Other Non-Current Liabilities	7.19	0.39	0.31	0.16	0.03	11.01	0.03	0.10	0.10	0.18	0.62	0.73
Total Non-Current Liabilities	11.02	11.02	10.48	11.94	12.61	12.74	12.74	-	1.92	2.33	0.62	0.73
Total Liabilities	24.23	24.23	27.04	24.91	25.06	25.39	25.39	10.60	10.60	12.11	11.71	11.12
Stockholders' Equity
Common Stock	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.15	0.15	0.15	0.15	0.13
Retained Earnings	-92.45	-92.45	-88.01	-79.04	-69.72	-62.17	-62.17	-56.94	-56.94	-50.62	-41.80	-28.99
Accumulated Other Comprehensive Income	-0.01	-0.01	0.05	-0.05	-0.02	0.05	0.05	-0.02	-0.02	0.08	0.07	-11.05
Additional Paid-in Capital	-	91.21	89.88	88.44	86.80	-	85.26	-	74.18	73.09	71.55	59.39
Shares Outstanding	-	17.31	16.64	16.25	15.99	-	15.88	-	-	-	-	-
Total Stockholders' Equity	4.92	4.92	2.10	9.52	17.23	23.30	23.30	17.37	17.37	22.71	29.96	30.52
Total Liabilities & Equity	-	29.15	29.14	34.44	42.29	-	48.69	-	27.97	34.81	41.67	41.65

Source: Company financial statements from annual and quarterly filings. Data as of Jul 4, 2026. Data sources and methodology

IRIDEX Balance Sheet Analysis

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