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10-Q

Quarterly Report

Shoulder Innovations, Inc. SI

0001699350-25-000011

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Filed
Sep 9, 2025 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Sep 3, 2025 20.36M sh
Shares Diluted Q2 2025 · Jun 30, 2025 115.97K sh
Shares Diluted Q2 2025 · Jun 30, 2025 102.78K sh
Shares Diluted Q2 2025 · Jun 30, 2024 57.35K sh
Shares Diluted Q2 2025 · Jun 30, 2024 57.35K sh
Capex Q2 2025 · Jun 30, 2025 $2.31M
Capex Q2 2025 · Jun 30, 2024 $2.09M
Operating Cash Flow Q2 2025 · Jun 30, 2025 −$11.27M
Operating Cash Flow Q2 2025 · Jun 30, 2024 −$5.98M
Long Term Debt Q2 2025 · Jun 30, 2025 $14.78M
Long Term Debt Q2 2025 · Dec 31, 2024 $14.66M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $27.05M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $6.12M
Stockholders Equity Q2 2025 · Jun 30, 2025 −$78.2M
Stockholders Equity Q2 2025 · Mar 31, 2025 −$59.31M
Stockholders Equity Q2 2025 · Dec 31, 2024 −$54.7M
Stockholders Equity Q2 2025 · Jun 30, 2024 −$47.19M
Stockholders Equity Q2 2025 · Mar 31, 2024 −$43.13M
Stockholders Equity Q2 2025 · Dec 31, 2023 −$39.74M
Current Liabilities Q2 2025 · Jun 30, 2025 $12.49M
Current Liabilities Q2 2025 · Dec 31, 2024 $7.65M
Total Liabilities Q2 2025 · Jun 30, 2025 $29.33M
Total Liabilities Q2 2025 · Dec 31, 2024 $23.3M
Current Assets Q2 2025 · Jun 30, 2025 $68.91M
Current Assets Q2 2025 · Dec 31, 2024 $35.13M
Total Assets Q2 2025 · Jun 30, 2025 $77.83M
Total Assets Q2 2025 · Dec 31, 2024 $43.08M
Eps Diluted Q2 2025 · Jun 30, 2025 −$165.53
Eps Diluted Q2 2025 · Jun 30, 2025 −$232.13
Eps Diluted Q2 2025 · Jun 30, 2024 −$72.74
Eps Diluted Q2 2025 · Jun 30, 2024 −$135.51
Eps Basic Q2 2025 · Jun 30, 2025 −$165.53
Eps Basic Q2 2025 · Jun 30, 2025 −$232.13
Eps Basic Q2 2025 · Jun 30, 2024 −$72.74
Eps Basic Q2 2025 · Jun 30, 2024 −$135.51
Sga Expense Q2 2025 · Jun 30, 2025 $12.85M
Sga Expense Q2 2025 · Jun 30, 2025 $23.35M
Sga Expense Q2 2025 · Jun 30, 2024 $9.17M
Sga Expense Q2 2025 · Jun 30, 2024 $16.88M
Rd Expense Q2 2025 · Jun 30, 2025 $1.41M
Rd Expense Q2 2025 · Jun 30, 2025 $2.99M
Rd Expense Q2 2025 · Jun 30, 2024 $1.16M
Rd Expense Q2 2025 · Jun 30, 2024 $2.23M
Net Income Q2 2025 · Jun 30, 2025 −$19.2M
Net Income Q2 2025 · Jun 30, 2025 −$23.86M
Net Income Q2 2025 · Mar 31, 2025 −$4.66M
Net Income Q2 2025 · Jun 30, 2024 −$4.17M
Net Income Q2 2025 · Jun 30, 2024 −$7.77M
Net Income Q2 2025 · Mar 31, 2024 −$3.6M
Operating Income Q2 2025 · Jun 30, 2025 −$5.86M
Operating Income Q2 2025 · Jun 30, 2025 −$10.16M
Operating Income Q2 2025 · Jun 30, 2024 −$3.98M
Operating Income Q2 2025 · Jun 30, 2024 −$7.24M
Gross Profit Q2 2025 · Jun 30, 2025 $8.39M
Gross Profit Q2 2025 · Jun 30, 2025 $16.18M
Gross Profit Q2 2025 · Jun 30, 2024 $6.35M
Gross Profit Q2 2025 · Jun 30, 2024 $11.87M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $2.62M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $4.96M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $1.91M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $3.57M
Revenue Q2 2025 · Jun 30, 2025 $11.01M
Revenue Q2 2025 · Jun 30, 2025 $21.15M
Revenue Q2 2025 · Jun 30, 2024 $8.26M
Revenue Q2 2025 · Jun 30, 2024 $15.44M