Ardelyx Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	42.72	64.93	21.47	96.14	72.43	91.03
Short-Term Investments	199.99	185.17	162.83	27.77	44.26	95.45
Cash & Short-Term Investments	242.71	250.1	184.3	123.91	116.69	186.48
Cash Growth	27.47%	35.70%	48.74%	6.19%	-37.43%	-24.66%
Receivables	76.61	57.71	22.03	7.73	0.5	-
Inventory	25.17	21.17	12.45	3.28	-	-
Prepaid Expenses	23.5	27.47	27.33	18.68	16.46	8.2
Total Current Assets	367.99	356.45	246.11	153.6	133.65	194.69
Property, Plant & Equipment	7.22	3.88	6.6	10.52	15.11	4.21
Long-Term Investments	-	-	-	-	-	2.11
Other Long-Term Assets	110.96	75.43	44.87	25.95	1.15	0.55
Total Assets	486.17	435.75	297.58	190.07	149.91	201.56
Accounts Payable	18.39	16	11.14	10.86	4.28	5.63
Accrued Expenses	56.98	18.64	15.82	12.01	11.55	10.67
Current Portion of Long-Term Debt	-	-	-	26.71	32.26	4.17
Current Portion of Leases	1.44	1.56	4.44	3.89	3.49	2.12
Current Unearned Revenue	6.58	10.69	7.18	4.21	-	4.18
Other Current Liabilities	-	30.95	11.82	7.92	1.24	1.66
Total Current Liabilities	83.39	77.83	50.39	65.6	52.82	28.42
Long-Term Debt	230.76	176.38	70	11.25	-	46.62
Long-Term Leases	4.04	1.02	1.73	5.86	9.75	0.41
Long-Term Unearned Revenue	13.7	7.23	8.64	9.03	4.73	-
Total Liabilities	331.89	262.47	130.76	91.74	67.3	75.45
Common Stock	0.02	0.02	0.02	0.02	0.01	0.01
Additional Paid-In Capital	1,101	1,059	1,013	878.5	795.54	680.87
Retained Earnings	-946.53	-885.34	-846.2	-780.14	-712.93	-554.77
Comprehensive Income & Other	0.12	0.06	0.22	-0.05	-0.01	-0
Shareholders' Equity	154.28	173.29	166.82	98.33	82.62	126.11
Total Liabilities & Equity	486.17	435.75	297.58	190.07	149.91	201.56
Total Debt	236.24	178.97	76.16	47.71	45.5	53.32
Net Cash (Debt)	6.47	71.14	108.14	76.2	71.19	135.28
Net Cash Growth	-89.49%	-34.22%	41.92%	7.04%	-47.38%	-29.84%
Net Cash Per Share	0.03	0.30	0.49	0.48	0.68	1.51
Filing Date Shares Outstanding	242.97	238.36	232.69	206.49	130.29	98.68
Total Common Shares Outstanding	242.97	238.02	232.45	198.58	130.18	93.6
Working Capital	284.6	278.62	195.72	88	80.83	166.27
Book Value Per Share	0.63	0.73	0.72	0.50	0.63	1.35
Tangible Book Value	154.28	173.29	166.82	98.33	82.62	126.11
Tangible Book Value Per Share	0.63	0.73	0.72	0.50	0.63	1.35
Machinery	-	2.97	2.48	2.14	9.51	8.4
Leasehold Improvements	-	9.14	8.73	8.75	8.75	7.99

Source: S&P Global Market Intelligence. Standard template. Financial Sources.