Adagene Inc. (ADAG)

Adagene Balance Sheet

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

Year	2023	2022	2021	2020	2019
Cash & Equivalents	109.93	143.76	174.39	75.15	92.53
Short-Term Investments	0	0	0	0	8
Cash & Cash Equivalents	109.93	143.76	174.39	75.15	100.53
Cash Growth	-23.53%	-17.57%	132.05%	-25.25%	104.92%
Receivables	0.22	0.62	7.51	0.13	1.91
Other Current Assets	3.29	4.94	4.06	3.81	1.48
Total Current Assets	113.44	149.32	185.95	79.1	103.92
Property, Plant & Equipment	2.2	2.97	3.49	2.07	1.88
Other Long-Term Assets	0.08	0.11	0.07	3.1	0.09
Total Long-Term Assets	2.29	3.08	3.56	5.17	1.97
Total Assets	115.73	152.4	189.51	84.26	105.89
Accounts Payable	3.09	3.67	3.32	1.81	0.71
Deferred Revenue	0	15.11	5.5	0.73	0.99
Current Debt	8.59	13.77	4.5	5.02	1.04
Other Current Liabilities	19.77	22.54	16.5	8.59	4.44
Total Current Liabilities	31.46	55.08	29.82	16.15	7.18
Long-Term Debt	13.71	14.2	2.99	2.97	1.52
Other Long-Term Liabilities	0	0.03	0.14	0.09	0
Total Long-Term Liabilities	13.71	14.23	3.13	3.06	1.52
Total Liabilities	45.17	69.31	32.95	19.2	8.7
Total Debt	22.31	27.97	7.49	7.98	2.56
Debt Growth	-20.25%	273.48%	-6.16%	212.35%	9.60%
Retained Earnings	-277.75	-258.81	-178.83	-105.66	-63.26
Comprehensive Income	-1.8	-0.85	-0.09	-0.35	-0.34
Shareholders' Equity	70.56	83.09	156.56	-89.39	-57.01
Net Cash / Debt	87.63	115.79	166.9	67.17	97.98
Net Cash / Debt Growth	-24.32%	-30.63%	148.48%	-31.44%	109.68%
Net Cash Per Share	1.60	2.14	3.34	4.21	6.46
Working Capital	81.99	94.24	156.13	62.95	96.74
Book Value Per Share	1.61	1.92	3.91	-7.00	-4.70

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).