Security
Shoulder Innovations, Inc. · SI
SINYSECommon stockCurrentCIK 1699350Updated Nov 9, 2026
SI price & chart
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Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
4 filing
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| AssetsUSD | 177,762,000Source | — | 152,007,000Source | 77,829,000Source | — | 160,361,000Source | — | 169,907,000Source | 43,080,000Source |
| Property, Plant and Equipment, NetUSD | 10,846,000Source | — | 14,498,000Source | 8,506,000Source | — | 14,470,000Source | — | 12,532,000Source | 7,487,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 175,000Source | — | 0Source | 250,000Source | — | 25,000Source | — | 100,000Source | 400,000Source |
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 54,934,000Source | — | 24,460,000Source | 27,054,000Source | — | 11,492,000Source | — | 26,871,000Source | 6,123,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,079,000Source | — | 10,873,000Source | 6,886,000Source | — | 10,546,000Source | — | 8,268,000Source | 5,122,000Source |
| Inventory, NetUSD | 19,358,000Source | — | 22,920,000Source | 17,081,000Source | — | 21,829,000Source | — | 21,591,000Source | 13,955,000Source |
| Assets, CurrentUSD | 166,610,000Source | — | 137,407,000Source | 68,911,000Source | — | 145,776,000Source | — | 157,165,000Source | 35,125,000Source |
| Operating Lease, Right-of-Use AssetUSD | 131,000Source | — | 69,000Source | 162,000Source | — | 90,000Source | — | 110,000Source | 68,000Source |
| LIABILITIES AND EQUITY | |||||||||
| LiabilitiesUSD | 29,930,000Source | — | 27,679,000Source | 29,329,000Source | — | 27,344,000Source | — | 29,157,000Source | 23,300,000Source |
| Stockholders’ equity: | |||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | — | 0Source | — | — | 0Source | — | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 21,000Source | — | 21,000Source | 1,000Source | — | 21,000Source | — | 21,000Source | 1,000Source |
| Additional Paid in CapitalUSD | 237,400,000Source | — | 240,343,000Source | 2,616,000Source | — | 238,839,000Source | — | 238,012,000Source | 2,148,000Source |
| Retained Earnings (Accumulated Deficit)USD | -89,628,000Source | — | -115,932,000Source | -80,899,000Source | — | -105,779,000Source | — | -97,400,000Source | -57,041,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 39,000Source | — | -104,000Source | 82,000Source | — | -64,000Source | — | 117,000Source | 197,000Source |
| Stockholders' Equity Attributable to ParentUSD | 147,832,000Source | -50,877,000Source | 124,328,000Source | -78,200,000Source | -47,186,000Source | 133,017,000Source | -59,314,000Source | 140,750,000Source | -54,695,000Source |
| Liabilities and EquityUSD | 177,762,000Source | — | 152,007,000Source | 77,829,000Source | — | 160,361,000Source | — | 169,907,000Source | 43,080,000Source |
| Current liabilities: | |||||||||
| Liabilities, CurrentUSD | 15,019,000Source | — | 12,832,000Source | 12,494,000Source | — | 12,340,000Source | — | 14,195,000Source | 7,647,000Source |
| Operating Lease, Liability, CurrentUSD | 70,000Source | — | 37,000Source | 82,000Source | — | 50,000Source | — | 62,000Source | 47,000Source |
| Accounts Payable, CurrentUSD | 8,877,000Source | — | 5,931,000Source | 6,042,000Source | — | 5,924,000Source | — | 8,874,000Source | 4,860,000Source |
| Other Liabilities, NoncurrentUSD | 63,000Source | — | 34,000Source | 84,000Source | — | 43,000Source | — | 51,000Source | 25,000Source |
| Additional Financial Items | |||||||||
| Accrued Liabilities, CurrentUSD | 6,072,000Source | — | 6,864,000Source | 6,370,000Source | — | 6,366,000Source | — | 5,259,000Source | 2,740,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 14,848,000Source | — | 14,813,000Source | 14,784,000Source | — | 14,961,000Source | — | 14,911,000Source | 14,658,000Source |
| Other Assets, Noncurrent | — | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 726,000Source | 127,000Source | 996,000Source | 754,000Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 2,389,000Source | 1,459,000Source | 3,299,000Source | 575,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 238,000Source | -851,000Source | 7,636,000Source | 4,032,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -3,219,000Source | -2,122,000Source | 3,369,000Source | 3,124,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -12,358,000Source | -6,477,000Source | -28,612,000Source | -14,143,000Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -3,122,000Source | -13,070,000Source | -95,597,000Source | 13,964,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 2,735,000Source | 843,000Source | 7,408,000Source | 4,015,000Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 101,000Source | 19,794,000Source | 144,957,000Source | 66,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 54,934,000Source | 5,745,000Source | 24,460,000Source | 27,054,000Source | 11,492,000Source | 6,370,000Source | 26,871,000Source | 6,123,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 413,000Source | 431,000Source | 1,688,000Source | 1,785,000Source |
| Additional Financial Items | ||||||||||
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | — | — | — | 161,000Source | 162,000Source | 404,000Source | 482,000Source |
| DepreciationUSD | — | — | 768,000Source | 489,000Source | 1,108,000Source | 643,000Source | 1,057,000Source | 593,000Source | 2,908,000Source | 1,896,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | -100,000Source | -44,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | — | — | 78,000Source | 316,000Source | -673,000Source | 216,000Source | -436,000Source | 367,000Source | 70,000Source | 1,316,000Source |
| Investment Income, InterestUSD | — | — | — | — | — | — | — | — | 1,948,000Source | 770,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -8,729,000Source | -4,055,000Source | -10,153,000Source | -19,196,000Source | -8,379,000Source | -4,662,000Source | -40,359,000Source | -15,619,000Source |
| Nonoperating Income (Expense)USD | — | — | -1,088,000Source | -174,000Source | -117,000Source | -13,334,000Source | 597,000Source | -368,000Source | -14,062,000Source | -966,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,207,000Source | 142,000Source | -201,000Source | -1,399,000Source | 161,000Source | -1,000Source | -56,000Source | 350,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 101,000Source | 32,000Source | 919,000Source | 66,000Source |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 11,756,000Source | 7,454,000Source | 17,175,000Source | 11,013,000Source | 16,708,000Source | 10,132,000Source | 47,317,000Source | 31,623,000Source |
| Cost of RevenueUSD | — | — | 2,795,000Source | 1,753,000Source | 3,734,000Source | 2,620,000Source | 3,722,000Source | 2,341,000Source | 11,115,000Source | 7,282,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 15,077,000Source | 8,492,000Source | 20,086,000Source | 12,849,000Source | 18,208,000Source | 10,502,000Source | 54,768,000Source | 34,505,000Source |
| Operating Income (Loss)USD | — | — | -7,641,000Source | -3,881,000Source | -10,036,000Source | -5,862,000Source | -8,976,000Source | -4,294,000Source | -26,297,000Source | -14,653,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,207,000Source | 142,000Source | -201,000Source | -1,399,000Source | 161,000Source | -1,000Source | -56,000Source | 350,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -8,729,000Source | -4,055,000Source | -10,153,000Source | -19,196,000Source | -8,379,000Source | -4,662,000Source | -40,359,000Source | -15,619,000Source |
| Income Tax Expense (Benefit)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -8,729,000Source | -4,055,000Source | -10,153,000Source | -19,196,000Source | -8,379,000Source | -4,662,000Source | -40,359,000Source | -15,619,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.64Source | -68.31Source | -0.49Source | -165.53Source | -0.41Source | -52.13Source | -4.65Source | -242.04Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.64Source | -68.31Source | -0.49Source | -165.53Source | -0.41Source | -52.13Source | -4.65Source | -242.04Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 13,604,556Source | 59,372Source | 20,735,694Source | 115,965Source | 20,653,035Source | 89,438Source | 8,673,148Source | 64,530Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 13,604,556Source | 59,372Source | 20,735,694Source | 115,965Source | 20,653,035Source | 89,438Source | 8,673,148Source | 64,530Source |
| Interest Expense (non-operating)USD | — | — | 78,000Source | 316,000Source | -673,000Source | 216,000Source | -436,000Source | 367,000Source | 70,000Source | 1,316,000Source |
| Additional Financial Items | ||||||||||
| Gross ProfitUSD | — | — | 8,961,000Source | 5,701,000Source | 13,441,000Source | 8,393,000Source | 12,986,000Source | 7,791,000Source | 36,202,000Source | 24,341,000Source |
| Investment Income, InterestUSD | — | — | — | — | — | — | — | — | 1,948,000Source | 770,000Source |
| Nonoperating Income (Expense)USD | — | — | -1,088,000Source | -174,000Source | -117,000Source | -13,334,000Source | 597,000Source | -368,000Source | -14,062,000Source | -966,000Source |
| Research and Development ExpenseUSD | — | — | 1,525,000Source | 1,090,000Source | 3,391,000Source | 1,406,000Source | 3,754,000Source | 1,583,000Source | 7,731,000Source | 4,489,000Source |