Cipher Pharmaceuticals Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6.41	7.49	17.84	39.83	28.84	20.55
Cash & Short-Term Investments	6.41	7.49	17.84	39.83	28.84	20.55
Cash Growth	-70.86%	-57.99%	-55.21%	38.11%	40.34%	124.76%
Accounts Receivable	9.75	11.21	13.86	5.09	6.8	6.66
Inventory	8.2	8.19	5.79	2.98	2.15	1.65
Other Current Assets	1.14	1.16	1	0.38	0.37	0.47
Total Current Assets	25.5	28.05	38.48	48.27	38.16	29.33
Net Property, Plant & Equipment	0.48	0.57	0.68	0.4	0.48	0.5
Other Intangible Assets	70.85	72.01	78.75	1.76	2.75	3.65
Goodwill	17.45	17.45	17.45	15.71	15.71	15.71
Other Long-Term Assets	39.01	38.43	27.15	19.89	16.67	2.47
Total Assets	153.28	156.5	162.51	86.03	73.78	51.65
Accounts Payable	6.5	6.39	5.87	4.6	4.11	5.56
Current Portion of Leases	0.26	0.29	0.28	0.09	0.1	0.06
Unearned Revenue	13.6	18.35	13.31	0.56	0.26	0.45
Other Current Liabilities	0.01	0.01	0.41	-	4.9	6.23
Total Current Liabilities	20.37	25.04	19.87	5.25	9.37	12.29
Long-Term Debt	-	5	40	-	-	-
Long-Term Leases	0.17	0.22	0.3	0.26	0.33	0.46
Total Long-Term Liabilities	0.17	5.22	40.3	0.26	0.33	0.46
Total Liabilities	20.53	30.26	60.17	5.51	9.7	12.75
Common Stock	28.1	27.86	27.68	18.01	17.72	18.12
Additional Paid-in Capital	7.89	7.79	6.53	5.76	5.36	5.09
Accumulated Other Comprehensive Income	-9.51	-9.51	-9.51	-9.51	-9.51	-9.51
Retained Earnings	106.28	100.11	77.65	66.27	50.52	25.2
Shareholders' Equity	132.75	126.24	102.34	80.52	64.08	38.9
Total Liabilities & Equity	153.28	156.5	162.51	86.03	73.78	51.65
Total Debt	0.43	5.51	40.58	0.35	0.43	0.52
Net Cash (Debt)	5.98	1.99	-22.74	39.47	28.41	20.03
Net Cash Growth	200.90%	-	-	38.95%	41.81%	174.67%
Net Cash Per Share	0.23	0.08	-0.90	1.55	1.06	0.75
Book Value	132.75	126.24	102.34	80.52	64.08	38.9
Book Value Per Share	5.06	4.87	4.06	3.17	2.39	1.45
Tangible Book Value	44.45	36.78	6.14	63.05	45.62	19.54
Tangible Book Value Per Share	1.70	1.42	0.24	2.48	1.70	0.73

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.