Shoulder Innovations, Inc. (SI)
NYSE: SI · Surgical & Medical Instruments & Apparatus · Grand Rapids, MI · filing with the SEC since 2017
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 |
|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 |
| Report filed | Mar 10, 2026 | · |
| Revenue | 47,317 | 31,623 |
| Cost of revenue | 11,115 | 7,282 |
| Gross profit | 36,202 | 24,341 |
| Research and development | 7,731 | 4,489 |
| Selling, general and administrative | 54,768 | 34,505 |
| Operating income | -26,297 | -14,653 |
| Interest expense | 70 | 1,316 |
| Interest and investment income | 1,948 | 770 |
| Other income (expense), net | -56 | 350 |
| Total non-operating income (expense) | -14,062 | -966 |
| Income before income taxes | -40,359 | -15,619 |
| Income tax expense | 0 | 0 |
| Net income | -40,359 | -15,619 |
| Earnings per share, basic | -4.65 | -242.04 |
| Earnings per share, diluted | -4.65 | -242.04 |
| Weighted average shares, basic | 8,673,148 | 64,530 |
| Weighted average shares, diluted | 8,673,148 | 64,530 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding