Company: ICUI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000883984-25-000016
Chunk: 45

Company: ICU MEDICAL INC/DE
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 45
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$25,263 $26,417 Income tax provision$4,570 $2,703 Consolidated net loss$(15,476)$(39,471)_______________(1) Represents the average annual budgeted cost of producing each good sold in the period.(2) Represents significant labor and material costs to replace or repair a product outside the scope of standard warranty and compliance costs related to quality systems and manufacturing operations. (3) Includes costs related to capitalized manufacturing variances to standard COGS, supply chain and logistics costs including freight, inventory management and reserves, hardware service, quality and regulatory, and operations and supply chain management costs.(4) Includes changes in fair value of contingent earn-out, interest income, gain/loss on disposition of assets, gain/loss on foreign exchange, other miscellaneous income/expense and equity in the income of equity method investees. For information on depreciation expense, see Note 14: Property, Plant, & Equipment. For information on amortization expense, see Note 15: Goodwill and Intangible Assets, Net.Significant Customers

15

ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

 We sell products worldwide, on credit terms on an unsecured basis, as an OEM supplier, to independent medical supply distributors and directly to end customers. The manufacturers and distributors, in turn, sell our products to healthcare providers. For the three months ended March 31, 2025 and 2024, we had net sales of 17%, and 17%, respectively, of consolidated worldwide net sales to a single distributor.Geographic InformationThe table below presents our gross long-lived assets, consisting of property, plant and equipment, by country or region (in thousands): As of March 31, 2025December 31, 2024Costa Rica157,576 156,149 Mexico112,378 111,043 Other LATAM59,660 55,451 Canada1,493 5,284 Italy31,093 29,124 Spain18,119 17,141 Czech Republic12,576 11,909 Other Europe10,767 11,445 APAC27,365 27,550 Total Foreign $431,027 $425,096 United States*618,863 610,547 Worldwide Total$1,049,890 $