biote Corp.

biote Corp. (BTMD) files with the SEC as a health care company. Its most recent balance sheet puts total assets at $89M, against $137M of liabilities and -$48M of equity, as at 2026-03-31. That balance sheet shrank 17.3% against 2025-12-31, when total assets were $108M. Liabilities account for 153.9% of the balance sheet and equity -53.9%. The largest single line on the asset side is Inventory at $20M, 22.3% of total assets, followed by Property & equipment at $11M. Its largest single liability is Long-term debt at $94M, 106.1% of the balance sheet. By total assets it is the 581st largest of the 1,060 health care companies covered here. Equity is negative, so the claims against this company exceed what it owns on the filed figures. That is a real shape, not an error, and it is drawn below the baseline rather than hidden. The figures come from a filing filed on 2026-05-11. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.