CorMedix (CRMD) Work In Process (2023 - 2025)

CorMedix's (CRMD) quarterly Work In Process came in at $11.7 million in Q4 2025, up 231.38% year-on-year from $3.5 million in Q4 2024, and up 28.73% quarter-over-quarter from $9.1 million in Q3 2025.

CorMedix (CRMD) Work In Process (2023 - 2025) Analysis & Trends

CorMedix has disclosed Work In Process across 3 years of filings, most recently posting $11.7 million for Q4 2025.

  • Work In Process for Q4 2025 came in at $11.7 million, up 231.38% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.7 million (up 231.38% YoY), and the FY2025 annual result was $11.7 million, up 231.38% from the prior year.
  • Work In Process came in at $11.7 million for Q4 2025 at CorMedix, up from $9.1 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $11.7 million in Q4 2025 to a low of $471415.0 in Q1 2024.
  • The 3-year median for Work In Process is $4.3 million (2025), against an average of $4.7 million.
  • Peak annual rise in Work In Process reached 808.43% in 2025, while the deepest fall reached 78.61% in 2025.
  • CorMedix's Work In Process stood at $580925.0 in 2023, then jumped by 507.31% to $3.5 million in 2024, then soared by 231.38% to $11.7 million in 2025.
  • The last three Work In Process figures came in at $11.7 million (Q4 2025), $9.1 million (Q3 2025), and $5.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn -
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn -
6 Evaxion A 1,551.28 Bn 1,551.26 Bn -
7 Psyence Biomedical 227.32 Bn 227.31 Bn -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn
9 Abivax 91.71 Bn 91.71 Bn -
10 CorMedix 631,378.03 -154.57 Mn 107.31 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 11.69 Mn
Sep 30, 2025 9.08 Mn
Jun 30, 2025 5.20 Mn
Mar 31, 2025 4.28 Mn
Dec 31, 2024 3.53 Mn
Sep 30, 2024 5.08 Mn
Jun 30, 2024 2.01 Mn
Mar 31, 2024 471,415.00
Dec 31, 2023 580,925.00