Belite Bio 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	-	31.68	88.16	42.09	17.34
Short-Term Investments	-	113.47	-	-	-
Cash & Short-Term Investments	-	145.15	88.16	42.09	17.34
Cash Growth	-	64.65%	109.45%	142.67%	-32.30%
Other Receivables	-	0.58	0.84	0	-
Receivables	-	0.58	0.84	0	-
Prepaid Expenses	-	1.33	0.92	0.7	0.06
Other Current Assets	494.27	0.02	0.03	0.02	0.02
Total Current Assets	494.27	147.07	89.94	42.81	17.43
Property, Plant & Equipment	-	0.97	1.3	1.35	0.09
Other Intangible Assets	-	0.03	-	-	-
Long-Term Deferred Charges	-	-	-	-	0.82
Other Long-Term Assets	286.28	4.06	3.4	0.12	0.01
Total Assets	780.56	152.13	94.64	44.27	18.35
Accrued Expenses	-	5.47	3.18	1.83	1.54
Current Portion of Leases	-	0.28	0.31	0.2	-
Other Current Liabilities	10.07	0.3	0.15	0.07	0.1
Total Current Liabilities	10.07	6.05	3.63	2.1	1.64
Long-Term Leases	-	0.26	0.58	0.67	-
Total Liabilities	10.07	6.31	4.21	2.77	1.64
Common Stock	770.49	0	0	0	0
Additional Paid-In Capital	-	254.13	162.31	81.76	12.33
Retained Earnings	-	-107.65	-71.5	-39.87	-27.22
Comprehensive Income & Other	-	-0.66	-0.37	-0.39	-0.2
Total Common Equity	770.49	145.82	90.43	41.5	-15.09
Shareholders' Equity	770.49	145.82	90.43	41.5	16.71
Total Liabilities & Equity	780.56	152.13	94.64	44.27	18.35
Total Debt	-	0.54	0.89	0.87	-
Net Cash (Debt)	-	144.61	87.27	41.22	17.34
Net Cash Growth	-	65.70%	111.71%	137.68%	-32.30%
Net Cash Per Share	-	4.74	3.28	2.06	1.81
Filing Date Shares Outstanding	39.34	31.83	29.15	24.9	10.27
Total Common Shares Outstanding	39.34	31.83	29.15	24.9	10.27
Working Capital	484.2	141.02	86.31	40.7	15.8
Book Value Per Share	19.59	4.58	3.10	1.67	-1.47
Tangible Book Value	770.49	145.79	90.43	41.5	-15.09
Tangible Book Value Per Share	19.59	4.58	3.10	1.67	-1.47
Machinery	-	0.6	0.49	0.45	0.14
Leasehold Improvements	-	0.19	0.19	0.19	-

Updated Mar 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q