Exagen Inc. (XGN) 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 | 43.58M | 48.89M | 52.59M | 50.99M | 32.51M | 36.45M | 35.56M | 40.79M | 42.4M | 47.84M | 48.91M | 51.27M | 65.72M | 72.61M | 82.06M | 89.04M | 103.64M | 112.73M | 118.38M | 124.53M |
| Cash & Short-Term Investments | 21.51M | 32.22M | 35.65M | 30.03M | 11.19M | 22.04M | 22.04M | 24.48M | 27.27M | 36.49M | 28.45M | 31.47M | 52.18M | 62.39M | 68.7M | 76.39M | 89.75M | 99.44M | 106.77M | 112.58M |
| Cash Only | 21.51M | 32.22M | 35.65M | 30.03M | 11.19M | 22.04M | 22.04M | 24.48M | 27.27M | 36.49M | 28.45M | 31.47M | 52.18M | 62.39M | 68.7M | 76.39M | 89.75M | 99.44M | 106.77M | 112.58M |
| 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 | 15.77M | 10.86M | 11.09M | 15.4M | 14.73M | 7.83M | 9.39M | 11.7M | 10.9M | 6.55M | 17.04M | 16.23M | 9.3M | 6.08M | 10.64M | 9.59M | 10.91M | 9.65M | 9.21M | 8.78M |
| Days Sales Outstanding | 69.24 | 60.7 | 70.68 | 79.7 | 65.51 | 58.02 | 77.57 | 68.27 | 55.09 | 78.85 | 114.11 | 82.19 | 61.63 | 59.9 | 63.19 | 122.64 | 89.03 | 68.39 | 67.55 | 60.57 |
| Inventory | 0 | 0 | 3.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | 45.24 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 6.3M | 5.82M | 43K | 98K | 174K | 859K | 0 | 0 | 21K | 1.93M | 19K | 18K | 244K | 236K | 0 | 0 | 0 | 490K | 0 | 0 |
| Total Non-Current Assets | 8.37M | 9.13M | 10.23M | 7.77M | 7.79M | 8.23M | 8.05M | 8.51M | 8.41M | 9.1M | 12.02M | 12.91M | 13.52M | 13.61M | 19.54M | 18.68M | 18.41M | 10.71M | 9.39M | 8.79M |
| Property, Plant & Equipment | 7.79M | 8.37M | 9.18M | 6.51M | 7.19M | 7.68M | 7.49M | 8M | 7.85M | 8.49M | 11.38M | 12.29M | 12.91M | 13.08M | 13.45M | 12.55M | 12.2M | 4.77M | 3.45M | 3.05M |
| Fixed Asset Turnover | 2.14x | 1.90x | 2.20x | 2.51x | 2.08x | 1.80x | 1.62x | 1.90x | 1.77x | 1.39x | 1.13x | 1.12x | 0.86x | 0.97x | 1.13x | 0.61x | 1.22x | 3.09x | 3.77x | 4.70x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.51M | 5.51M | 5.51M | 5.51M | 5.51M | 5.51M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 200K | 200K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 584K | 556K | 855K | 1.26M | 596K | 550K | 563K | 513K | 561K | 616K | 638K | 620K | 603K | 528K | 586K | 625K | 701K | 433K | 439K | 235K |
| Total Assets | 51.96M | 58.02M | 62.82M | 58.76M | 40.29M | 44.69M | 43.6M | 49.31M | 50.81M | 56.94M | 60.93M | 64.18M | 79.23M | 86.22M | 101.6M | 107.72M | 122.04M | 123.44M | 127.77M | 133.32M |
| Asset Turnover | 0.31x | 0.28x | 0.28x | 0.35x | 0.36x | 0.31x | 0.27x | 0.30x | 0.27x | 0.23x | 0.21x | 0.20x | 0.14x | 0.14x | 0.14x | 0.07x | 0.08x | 0.10x | 0.09x | 0.09x |
| Asset Growth % | 28.94% | 29.84% | 44.07% | 19.17% | -20.69% | -21.52% | -28.43% | -23.17% | -35.88% | -33.96% | -40.03% | -40.42% | -35.08% | -30.15% | -20.49% | -19.2% | -11.25% | 57.51% | 59.73% | 65.59% |
| Total Current Liabilities | 12.56M | 14.16M | 12.89M | 10.29M | 13.99M | 13.51M | 8.78M | 9.45M | 8.78M | 11.9M | 10.12M | 8.6M | 9.27M | 9.62M | 11.33M | 9.57M | 11.88M | 9.32M | 8.1M | 8.27M |
| Accounts Payable | 4.16M | 4.15M | 3.56M | 2.51M | 4.51M | 4.14M | 1.1M | 2.33M | 1.47M | 3.13M | 1.66M | 1.31M | 1.88M | 3.05M | 3.67M | 3.1M | 4.21M | 2.49M | 1.51M | 2.45M |
| Days Payables Outstanding | 52.67 | 47.78 | 38.94 | 46.92 | 61.03 | 46.57 | 28.59 | 28.78 | 35.99 | 39.19 | 23.89 | 24.85 | 37.39 | 48.96 | 51.85 | 54.79 | 51.88 | 37.29 | 33.22 | 38.56 |
| Short-Term Debt | 2.95M | 3M | 3.01M | 667K | 2.54M | 423K | 430K | 423K | 268K | 264K | 261K | 257K | 254K | 190K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 681K | 675K | 641K | 1.02M | 876K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.77M | 6.33M | 777K | 0 | 0 | 0 | 266K | 266K | 311K | 0 | 302K | 254K | 445K | 445K | 445K | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 3.47x | 3.45x | 4.08x | 4.95x | 2.32x | 2.70x | 4.05x | 4.32x | 4.83x | 4.02x | 4.83x | 5.96x | 7.09x | 7.55x | 7.24x | 9.30x | 8.72x | 12.10x | 14.62x | 15.07x |
| Quick Ratio | 3.47x | 3.45x | 3.81x | 4.95x | 2.32x | 2.70x | 4.05x | 4.32x | 4.83x | 4.02x | 4.83x | 5.96x | 7.09x | 7.55x | 7.24x | 9.30x | 8.72x | 12.10x | 14.62x | 15.07x |
| Cash Conversion Cycle | - | - | 76.98 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 24.96M | 26.41M | 31.8M | 27.43M | 19.9M | 21.64M | 21.96M | 22.28M | 22.03M | 22.35M | 23.3M | 23.67M | 34.03M | 34.14M | 34.08M | 33.97M | 34M | 29.19M | 28.87M | 28.68M |
| Long-Term Debt | 1.9M | 22.26M | 22.26M | 22.31M | 18.41M | 19.82M | 19.82M | 19.83M | 19.27M | 19.23M | 19.19M | 19.15M | 29.09M | 28.78M | 28.01M | 27.83M | 27.65M | 27.48M | 27.29M | 27.07M |
| Capital Lease Obligations | 0 | 2.4M | 2.9M | 1.07M | 1.37M | 1.66M | 1.95M | 2.23M | 2.5M | 2.76M | 3.63M | 3.92M | 4.21M | 4.49M | 4.77M | 5.03M | 5.28M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 306K | 306K | 306K | 306K | 158K | 158K |
| Other Non-Current Liabilities | 23.06M | 1.75M | 6.63M | 4.05M | 122K | 157K | 185K | 219K | 268K | 357K | 484K | 597K | 726K | 867K | 999K | 810K | 763K | 1.41M | 1.43M | 1.45M |
| Total Liabilities | 37.52M | 40.57M | 44.69M | 37.73M | 33.89M | 35.15M | 30.74M | 31.72M | 30.82M | 34.25M | 33.42M | 32.28M | 43.3M | 43.76M | 45.41M | 43.54M | 45.89M | 38.51M | 36.97M | 36.94M |
| Total Debt | 4.86M | 27.67M | 28.17M | 25.2M | 23.44M | 23M | 23.55M | 23.88M | 23.48M | 23.23M | 24.75M | 25.03M | 35.28M | 35.2M | 34.51M | 34.51M | 34.48M | 28.07M | 27.87M | 27.62M |
| Net Debt | -16.66M | -4.55M | -7.49M | -4.83M | 12.24M | 969K | 1.52M | -602K | -3.79M | -13.26M | -3.69M | -6.43M | -16.91M | -27.19M | -34.19M | -41.87M | -55.27M | -71.38M | -78.89M | -84.96M |
| Debt / Equity | 0.34x | 1.59x | 1.55x | 1.20x | 3.66x | 2.41x | 1.83x | 1.36x | 1.17x | 1.02x | 0.90x | 0.78x | 0.98x | 0.83x | 0.61x | 0.54x | 0.45x | 0.33x | 0.31x | 0.29x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -2.69x | -3.74x | -4.38x | -2.92x | -5.88x | -5.66x | -7.95x | -4.30x | -5.12x | -8.84x | -8.72x | -7.73x | -11.05x | -13.72x | -12.10x | -23.20x | -16.18x | -9.76x | -9.59x | -8.67x |
| Total Equity | 14.43M | 17.45M | 18.14M | 21.03M | 6.4M | 9.54M | 12.87M | 17.59M | 19.99M | 22.69M | 27.5M | 31.9M | 35.94M | 42.46M | 56.19M | 64.18M | 76.16M | 84.94M | 90.8M | 96.38M |
| Equity Growth % | 125.39% | 82.9% | 40.95% | 19.61% | -67.97% | -57.96% | -53.21% | -44.88% | -44.37% | -46.55% | -51.05% | -50.29% | -52.81% | -50.01% | -38.12% | -33.41% | -24.95% | 103.01% | 104.17% | 101.46% |
| Book Value per Share | 0.60 | 0.81 | 0.79 | 1.00 | 0.35 | 0.52 | 0.70 | 0.97 | 1.11 | 1.27 | 1.55 | 1.81 | 2.05 | 2.47 | 3.29 | 3.76 | 4.48 | 5.01 | 5.36 | 5.69 |
| Total Shareholders' Equity | 14.43M | 17.45M | 18.14M | 21.03M | 6.4M | 9.54M | 12.87M | 17.59M | 19.99M | 22.69M | 27.5M | 31.9M | 35.94M | 42.46M | 56.19M | 64.18M | 76.16M | 84.94M | 90.8M | 96.38M |
| Common Stock | 24K | 23K | 23K | 22K | 18K | 18K | 18K | 17K | 17K | 17K | 17K | 17K | 17K | 17K | 16K | 16K | 16K | 16K | 16K | 16K |
| Retained Earnings | -318.25M | -314.28M | -309.61M | -302.52M | -298.08M | -294.33M | -290.57M | -285.54M | -282.58M | -279.22M | -273.64M | -268.23M | -263.21M | -255.53M | -241.17M | -231.72M | -218.41M | -208.14M | -201.09M | -193.91M |
| 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 |