TriSalus Life Sciences, Inc. Financial Summary

Complete Filing Data

TriSalus Life Sciences, Inc. reported Net Income Loss of -$39.23 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean TriSalus Life Sciences, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Income *-$39.2M-$30.0M-$59.4M-$47.2M$4.8M
Operating Income Loss-$26.9M-$36.2M-$54.5M-$36.4M-$3.0M
General And Administrative Expense$21.5M$18.0M$23.5M$12.5M$3.0M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$39.2M-$30.0M-$59.4M-$47.2M$4.8M
Income Tax Expense Benefit$7.0K$6.0K$9.0K$9.0K$0.00
Research And Development Expense$15.0M$17.7M$29.8M$21.4M
Net Income Loss Available To Common Stockholders Basic-$69.7M-$33.2M-$63.6M-$50.0M
Selling And Marketing Expense$28.7M$25.8M$17.0M$12.7M
Revenue From Contract With Customer Excluding Assessed Tax$45.2M$29.4M$18.5M$12.4M
Other Nonoperating Income Expense-$456.0K-$312.0K-$378.0K-$420.0K
Gross Profit$38.2M$25.3M$15.9M$10.1M
Cost Of Goods And Services Sold$7.0M$4.1M$2.6M$2.3M
Nonoperating Income Expense$8.9M$7.8M
Interest Expense$16.0K$1.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020
Net Income *-$10.8M-$8.3M-$10.4M-$2.4M-$4.3M-$13.2M-$1.4M-$14.0M-$8.3M-$8.1M-$8.7M-$7.9M$1.9M$378.9K-$372.0K-$711.4K-$1.0K
Operating Income Loss-$9.0M-$7.3M-$7.3M-$8.7M-$8.2M-$11.7M-$18.6M-$11.4M-$10.1M-$8.1M-$288.3K-$669.8K-$807.3K-$783.9K-$308.0K-$108.5K-$1.0K
General And Administrative Expense$6.7M$5.7M$5.0M$4.7M$4.0M$4.6M$9.0M$4.9M$3.6M$3.5M$288.3K$669.8K$807.3K$783.9K$308.0K$108.5K$1.0K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$10.8M-$8.3M-$10.4M-$2.4M-$4.3M-$13.2M-$1.4M-$14.0M-$8.3M-$8.1M$2.4M$2.8M$1.9M$378.9K
Income Tax Expense Benefit$5.0K-$3.0K$5.0K-$3.0K$7.0K$3.0K$0.00$13.0K-$5.0K$0.00$28.2K$0.00
Research And Development Expense$5.2M$3.9M$3.3M$4.2M$4.7M$5.8M$9.5M$6.9M$5.6M$4.8M
Net Income Loss Available To Common Stockholders Basic-$41.3M-$9.0M-$11.1M-$3.2M-$5.1M-$14.0M-$1.9M-$16.0M-$9.2M-$8.1M
Selling And Marketing Expense$6.8M$7.2M$6.7M$6.1M$6.0M$6.7M$4.7M$3.5M$3.2M$3.0M
Revenue From Contract With Customer Excluding Assessed Tax$11.6M$11.2M$9.2M$7.3M$7.4M$6.5M$5.2M$4.6M$3.0M$3.9M
Other Nonoperating Income Expense-$94.0K-$40.0K-$251.0K-$13.0K-$44.0K-$153.0K-$13.0K-$25.0K-$19.0K-$31.0K
Gross Profit$9.7M$9.4M$7.7M$6.3M$6.5M$5.5M$4.6M$3.8M$2.3M$3.2M
Cost Of Goods And Services Sold$1.9M$1.8M$1.5M$1.0M$912.0K$971.0K$589.0K$772.0K$662.0K$701.0K
Nonoperating Income Expense$477.7K$422.4K$1.3M$2.7M$3.5M$2.7M$1.2M-$64.0K-$602.9K
Interest Expense$877.0K$3.0K$4.0K$4.0K$5.0K$0.00

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stockholders Equity-$33.9M-$25.9M-$27.1M-$177.1M-$129.6M-$21.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$20.8M$8.9M$12.1M$9.7M$30.3M$1.3M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$11.9M-$3.3M$2.5M-$20.6M-$1.1M
Retained Earnings Accumulated Deficit-$330.6M-$279.5M-$249.5M-$186.4M-$16.7M-$21.5M
Liabilities And Stockholders Equity$35.3M$24.0M$24.6M$22.0M$250.5M$252.0M
Liabilities$69.2M$49.9M$51.7M$34.3M$17.3M$23.5M
Cash And Cash Equivalents At Carrying Value$20.4M$8.5M$11.8M$9.4M$200.9K$1.3M
Assets Current$32.2M$20.7M$20.9M$17.2M$525.9K$2.0M
Assets$35.3M$24.0M$24.6M$22.0M$250.5M$252.0M
Stockholder Equity-$21.5M
Liabilities Current$11.5M$10.2M$14.7M$32.4M$1.6M
Temporary Equity Carrying Amount Attributable To Parent$164.0M$160.5M$250.0M
Preferred Stock Dividends Income Statement Impact$0.00$3.2M$1.3M$0.00
Accounts Receivable Net Current$6.6M$5.1M$3.6M$1.6M
Gain Loss On Sale Of Property Plant Equipment-$120.0K-$23.0K-$44.0K-$310.0K
Finance Lease Principal Payments$81.0K$84.0K$87.0K$131.0K
Derivative Liabilities Noncurrent$12.9M$8.3M$17.1M$369.0K
Accrued Liabilities Current$8.1M$7.4M$10.6M$6.4M
Business Combination Contingent Consideration Liability Noncurrent$10.1M$7.4M$18.6M
Other Liabilities Current$234.0K$383.0K$389.0K$142.0K
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1$2.7M-$11.2M-$10.3M$0.00
Other Assets Noncurrent$418.0K$423.0K$466.0K$367.0K
Inventory Net$3.1M$4.0M$2.5M$1.5M
Gain Loss On Equity Issuance$0.00-$5.9M-$8.3M
Common Stock Value$4.0K$3.0K$2.0K$0.00
Operating Lease Right Of Use Asset$861.0K$1.2M$1.2M$1.4M
Lease Liability Noncurrent$1.2M$1.3M$1.2M$1.6M
Lease Liability Current$167.0K$216.0K$351.0K$370.0K
Deferred Offering Costs Noncurrent$8.8M
Accounts Payable Trade Current$3.0M$2.3M$3.4M$4.9M
Class Of Warrant Or Right Transfer Of Warrant To Preferred Stock$0.00$25.4M$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020
Stockholders Equity-$26.7M-$19.4M-$34.4M-$20.4M-$25.3M-$36.0M$8.3M-$198.4M-$184.5M-$153.9M-$146.0M-$137.4M-$19.6M$5.0M$5.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$23.0M$26.8M$13.4M$11.6M$16.8M$4.3M$21.6M$4.2M$7.0M$12.3M$69.2K$50.9K$277.8K$642.9K$1.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$4.5M-$7.8M-$2.6M-$150.0K-$205.8K$1.3M
Retained Earnings Accumulated Deficit-$321.0M-$298.2M-$289.9M-$269.4M-$265.9M-$261.6M-$212.9M-$15.1M-$13.9M-$11.7M-$11.5M-$13.9M-$19.6M-$704.6K-$1.1M
Liabilities And Stockholders Equity$36.5M$41.3M$28.6M$27.5M$32.4M$17.9M$33.6M$12.2M$20.5M$251.3M$250.6M$250.4M$250.8M$251.2M$251.8M
Liabilities$63.2M$60.7M$63.0M$47.9M$56.6M$52.8M$25.1M$15.3M$14.2M$12.2M$12.0M$14.3M$20.4M$22.7M$23.7M
Cash And Cash Equivalents At Carrying Value$22.7M$26.5M$13.0M$11.3M$16.5M$4.0M$21.4M$104.0K$136.8K$207.6K$69.2K$50.9K$277.8K$642.9K$1.1M
Assets Current$33.3M$38.1M$25.1M$23.8M$27.9M$13.2M$29.0M$161.5K$300.9K$306.2K$266.4K$346.8K$702.4K$1.2M$1.8M
Assets$36.5M$41.3M$28.6M$27.5M$32.4M$17.9M$33.6M$12.2M$20.5M$251.3M$250.6M$250.4M$250.8M$251.2M$251.8M
Stockholder Equity-$15.1M-$13.9M-$13.3M-$11.7M-$11.5M-$13.9M-$16.7M-$19.6M-$21.5M-$21.9M$24.0K
Liabilities Current$10.9M$9.3M$11.8M$9.9M$12.0M$14.4M$9.3M$6.0M$4.7M$1.9M$1.7M$2.1M
Temporary Equity Carrying Amount Attributable To Parent$204.0M$20.2M$164.0M$250.0M$250.0M$250.0M$223.5M$223.1M
Preferred Stock Dividends Income Statement Impact$0.00$714.0K$712.0K$803.0K$801.0K$801.0K$458.0K$0.00$0.00$0.00
Accounts Receivable Net Current$5.0M$5.6M$5.5M$4.9M$4.7M$4.3M$3.1M
Gain Loss On Sale Of Property Plant Equipment-$117.0K-$18.0K-$16.0K
Finance Lease Principal Payments$71.0K$22.0K$22.0K
Derivative Liabilities Noncurrent$12.8M$10.0M$9.5M$7.8M$12.5M$14.6M$28.9M
Accrued Liabilities Current$6.8M$7.1M$8.4M$7.9M$9.4M$11.4M$6.6M$160.0K$103.2K
Business Combination Contingent Consideration Liability Noncurrent$5.0M$7.5M$8.2M$6.6M$8.9M$22.6M$28.9M
Other Liabilities Current$224.0K$221.0K$426.0K$329.0K$291.0K$260.0K$427.0K
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1-$2.5M-$700.0K$820.0K-$2.4M-$13.7M$4.0M-$19.9M$0.00$0.00
Other Assets Noncurrent$419.0K$419.0K$424.0K$424.0K$424.0K$424.0K$367.0K
Inventory Net$3.3M$3.8M$4.2M$4.0M$3.4M$2.9M$1.6M
Gain Loss On Equity Issuance$0.00$0.00$0.00$0.00-$4.2M-$1.5M$0.00
Common Stock Value$4.0K$3.0K$3.0K$3.0K$2.0K$2.0K$2.0K
Operating Lease Right Of Use Asset$890.0K$1.1M$1.1M$1.4M$1.1M$1.2M$1.3M
Lease Liability Noncurrent$1.2M$1.3M$1.3M$1.5M$1.2M$1.2M$1.3M
Lease Liability Current$129.0K$123.0K$118.0K$266.0K$323.0K$363.0K$379.0K
Deferred Offering Costs Noncurrent$8.8M$8.8M$8.8M$8.8M$8.8M$8.8M$8.8M$8.8M$8.8M$8.8M
Accounts Payable Trade Current$3.8M$1.9M$2.8M$1.4M$2.0M$2.3M$1.9M
Class Of Warrant Or Right Transfer Of Warrant To Preferred Stock$0.00$11.6M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Cash Provided By Used In Operating Activities-$18.0M-$40.8M-$50.6M-$32.3M-$1.7M
Increase Decrease In Prepaid Expense-$840.0K$1.7M-$1.0M$2.6M-$348.2K
Net Cash Provided By Used In Investing Activities-$838.0K-$345.0K-$1.6M-$1.8M$60.0K
Net Cash Provided By Used In Financing Activities$30.8M$37.9M$54.6M$13.5M$544.0K
Increase Decrease In Accounts Payable And Accrued Liabilities$2.0M-$4.4M$2.8M$5.2M
Share Based Compensation$9.1M$5.4M$1.4M$368.0K
Payments To Acquire Property Plant And Equipment$918.0K$345.0K$588.0K$655.0K
Increase Decrease In Inventories-$971.0K$1.5M$1.1M$179.0K
Increase Decrease In Accounts Receivable$1.6M$1.7M$2.0M$200.0K
Increase Decrease In Operating Lease Liability-$134.0K-$278.0K-$281.0K-$87.0K
Proceeds From Stock Options Exercised$510.0K$76.0K$179.0K$94.0K
Proceeds From Issuance Of Preferred Stock And Preference Stock$0.00$9.2M$13.5M
Proceeds From Warrant Exercises$0.00$9.6M$0.00
Proceeds From Reverse Recapitalization$0.00$36.9M$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022Q1 2021Q4 2020
Net Cash Provided By Used In Operating Activities-$4.5M-$10.9M-$10.5M-$426.0K-$205.8K-$677.6K
Increase Decrease In Prepaid Expense-$511.0K-$955.0K$348.0K-$29.1K-$45.4K$673.2K
Net Cash Provided By Used In Investing Activities-$714.0K-$66.0K-$74.0K$11.0K-$250.0M
Net Cash Provided By Used In Financing Activities$9.7M$3.1M$7.9M$265.0K$252.0M
Increase Decrease In Accounts Payable And Accrued Liabilities$1.6M-$305.0K$22.0K$214.7K$56.8K
Share Based Compensation$1.6M$1.1M$74.0K
Payments To Acquire Property Plant And Equipment$754.0K$66.0K$7.0K
Increase Decrease In Inventories$114.0K$368.0K$250.0K
Increase Decrease In Accounts Receivable$366.0K$723.0K$35.0K
Increase Decrease In Operating Lease Liability-$56.0K-$85.0K-$72.0K
Proceeds From Stock Options Exercised$279.0K$7.0K$50.0K
Proceeds From Issuance Of Preferred Stock And Preference Stock$0.00$3.2M
Proceeds From Warrant Exercises$0.00$4.7M
Proceeds From Reverse Recapitalization

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Earnings Per Share Diluted$-1.84$-1.31$-6.77$-161.55
Earnings Per Share Basic$-1.84$-1.31$-6.77$-161.55
Weighted Average Number Of Shares Outstanding Basic37.9M25.3M9.4M309.6K
Weighted Average Number Of Diluted Shares Outstanding37.9M25.3M9.4M309.6K
Preferred Stock Shares Issued0.004.0M4.0M0.000.00
Preferred Stock Shares Authorized10.0M10.0M10.0M1.0M1.0M
Preferred Stock Shares Outstanding0.004.0M4.0M0.000.00
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding50.0M31.3M26.4M347.9K
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Common Stock Shares Authorized400.0M400.0M400.0M30.9M
Common Stock Shares Issued50.0M31.3M26.4M347.9K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Earnings Per Share Diluted$-0.96$-0.27$-0.39$-0.12$-0.21$-0.60$-0.14$-35.84$-0.57$-25.95
Earnings Per Share Basic$-0.96$-0.27$-0.39$-0.12$-0.21$-0.60$-0.14$-35.84$-0.57$-25.95
Weighted Average Number Of Shares Outstanding Basic43.1M32.9M28.5M26.5M23.9M23.3M13.2M446.3K16.2M311.8K
Weighted Average Number Of Diluted Shares Outstanding43.1M32.9M28.5M26.5M23.9M23.3M13.2M446.3K16.2M311.8K
Preferred Stock Shares Issued0.003.6M3.6M4.0M4.0M4.0M4.0M0.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized10.0M10.0M10.0M10.0M10.0M10.0M10.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M
Preferred Stock Shares Outstanding0.003.6M3.6M4.0M4.0M4.0M4.0M0.000.000.000.000.000.000.000.000.00
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding49.9M38.0M32.3M30.5M27.2M26.8M26.3M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Authorized400.0M400.0M400.0M400.0M400.0M400.0M400.0M
Common Stock Shares Issued49.9M38.0M32.3M30.5M27.2M26.8M26.3M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Investment Income Interest$555.0K$404.0K$431.0K$180.0K$64.0K
Prepaid Expense Current$2.2M$3.0M$3.0M$4.8M$325.0K$673.2K
Stock Issued During Period Value Stock Options Exercised$510.0K$76.0K$180.0K$94.0K
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$9.8M$5.4M$1.4M$368.0K
Stock Issued During Period Value New Issues$20.5M$15.5M$34.2M
Additional Paid In Capital$296.7M$253.7M$222.4M$10.0M
Fair Value Adjustment Of Warrants-$5.8M-$7.7M
Depreciation And Amortization$626.0K$744.0K$684.0K$398.0K
Derivative Gain Loss On Derivative Net-$4.1M-$2.1M-$10.9M-$2.2M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020
Investment Income Interest$170.0K$134.0K$74.0K$158.0K$97.0K$92.0K$116.0K$36.0K$35.0K$49.0K$314.7K$57.2K$18.7K$2.8K$34.6K$3.3K
Prepaid Expense Current$2.4M$2.2M$2.5M$3.6M$3.3M$2.0M$3.0M$57.5K$164.1K$98.6K$197.3K$295.9K$424.6K$524.1K$627.9K
Stock Issued During Period Value Stock Options Exercised$88.0K$56.0K$279.0K$2.0K$5.0K$7.0K$29.0K$16.0K$50.0K$7.0K$5.0K$61.0K
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$3.4M$2.5M$1.6M$1.3M$1.3M$1.1M$259.0K$69.0K$73.0K$119.0K$70.0K$62.0K
Stock Issued During Period Value New Issues$20.7M$5.6M$3.6M$3.1M$34.2M$25.0K$25.0K
Additional Paid In Capital$294.2M$278.8M$255.6M$249.0M$241.8M$226.7M$221.4M$5.7M$6.1M$5.7M
Fair Value Adjustment Of Warrants-$265.3K-$265.3K-$265.3K-$2.4M-$3.4M-$2.7M-$1.2M$98.7K$83.3K
Depreciation And Amortization$172.0K$175.0K$184.0K
Derivative Gain Loss On Derivative Net-$758.0K$2.5M$2.4M

Most recent annual filing with the SEC: March 5, 2026

Data sourced from SEC EDGAR public filings as of August 4, 2026.