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| Date | Value |
|---|---|
| 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 |