Ardelyx Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	68	64.93	21.47	96.14	72.43
Short-Term Investments	196.69	185.17	162.83	27.77	44.26
Cash & Short-Term Investments	264.69	250.1	184.3	123.91	116.69
Cash Growth	5.83%	35.70%	48.74%	6.19%	-37.43%
Receivables	71.85	57.71	22.03	7.73	0.5
Inventory	17.74	21.17	12.45	3.28	-
Prepaid Expenses	28.05	27.47	27.33	18.68	16.46
Total Current Assets	382.32	356.45	246.11	153.6	133.65
Property, Plant & Equipment	6.98	3.88	6.6	10.52	15.11
Other Long-Term Assets	112.31	75.43	44.87	25.95	1.15
Total Assets	501.6	435.75	297.58	190.07	149.91
Accounts Payable	19.24	16	11.14	10.86	4.28
Accrued Expenses	29.07	20.86	15.82	12.01	11.55
Current Portion of Long-Term Debt	-	-	-	26.71	32.26
Current Portion of Leases	1.48	1.56	4.44	3.89	3.49
Current Unearned Revenue	31.48	20.8	10.86	4.21	-
Other Current Liabilities	7.35	18.62	8.14	7.92	1.24
Total Current Liabilities	88.61	77.83	50.39	65.6	52.82
Long-Term Debt	228.71	176.38	70	11.25	-
Long-Term Leases	3.64	1.02	1.73	5.86	9.75
Long-Term Unearned Revenue	13.7	7.23	8.64	9.03	4.73
Total Liabilities	334.66	262.47	130.76	91.74	67.3
Common Stock	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	1,114	1,059	1,013	878.5	795.54
Retained Earnings	-946.94	-885.34	-846.2	-780.14	-712.93
Comprehensive Income & Other	0.2	0.06	0.22	-0.05	-0.01
Shareholders' Equity	166.95	173.29	166.82	98.33	82.62
Total Liabilities & Equity	501.6	435.75	297.58	190.07	149.91
Total Debt	233.83	178.97	76.16	47.71	45.5
Net Cash (Debt)	30.86	71.14	108.14	76.2	71.19
Net Cash Growth	-56.62%	-34.22%	41.92%	7.04%	-47.38%
Net Cash Per Share	0.13	0.30	0.49	0.48	0.68
Filing Date Shares Outstanding	245.25	238.36	232.69	206.49	130.29
Total Common Shares Outstanding	244.35	238.02	232.45	198.58	130.18
Working Capital	293.71	278.62	195.72	88	80.83
Book Value Per Share	0.68	0.73	0.72	0.50	0.63
Tangible Book Value	166.95	173.29	166.82	98.33	82.62
Tangible Book Value Per Share	0.68	0.73	0.72	0.50	0.63
Machinery	2.69	2.97	2.48	2.14	9.51
Leasehold Improvements	2.15	9.14	8.73	8.75	8.75

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