Liquidia Corporation (LQDA)

Liquidia Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	173.42	176.48	83.68	93.28	57.49	65.32
Cash & Short-Term Investments	173.42	176.48	83.68	93.28	57.49	65.32
Cash Growth	30.30%	110.90%	-10.30%	62.25%	-11.98%	17.06%
Accounts Receivable	9.97	2.72	4.06	5.02	2.99	-
Receivables	9.97	2.72	4.06	5.02	2.99	-
Inventory	6.44	0.24	-	-	-	-
Prepaid Expenses	5.75	5.67	2.16	1.51	0.79	0.75
Total Current Assets	195.58	185.11	89.9	99.81	61.28	66.07
Property, Plant & Equipment	13.62	12.49	6.18	6.25	7.43	9.45
Goodwill	3.9	3.9	3.9	3.9	3.9	3.9
Other Intangible Assets	3.05	3.16	3.43	3.73	4.39	5.53
Long-Term Deferred Charges	7.05	7.29	7.92	8.6	10.14	12.79
Other Long-Term Assets	34.21	18.38	6.99	6.9	6.59	1.78
Total Assets	257.41	230.31	118.33	129.2	93.73	99.53
Accounts Payable	11.35	4.69	1.4	2.2	1.07	3.73
Accrued Expenses	22.52	18.66	13.4	5.52	5.17	4.65
Short-Term Debt	-	18.02	2.62	-	-	-
Current Portion of Long-Term Debt	44.14	-	-	-	-	-
Current Portion of Leases	0.4	0.42	1.14	1.08	1.09	1.59
Other Current Liabilities	-	-	-	-	-	1.77
Total Current Liabilities	78.41	41.78	18.55	8.8	7.33	11.74
Long-Term Debt	149.47	97.37	43.42	19.88	10.41	10.29
Long-Term Leases	6.37	6.59	2.36	3.5	4.58	5.26
Other Long-Term Liabilities	7.97	7.3	6.71	6.59	6.14	1.15
Total Liabilities	242.22	153.04	71.04	38.78	28.46	28.45
Common Stock	0.09	0.09	0.07	0.06	0.05	0.04
Additional Paid-In Capital	652.44	636.68	476.32	440.95	374.79	346.04
Retained Earnings	-637.34	-559.49	-429.1	-350.6	-309.58	-275
Total Common Equity	15.19	77.28	47.29	90.42	65.27	71.09
Shareholders' Equity	15.19	77.28	47.29	90.42	65.27	71.09
Total Liabilities & Equity	257.41	230.31	118.33	129.2	93.73	99.53
Total Debt	200.38	122.39	49.54	24.46	16.08	17.14
Net Cash (Debt)	-26.96	54.09	34.14	68.82	41.41	48.17
Net Cash Growth	-	58.42%	-50.39%	66.18%	-14.03%	53.52%
Net Cash Per Share	-0.32	0.69	0.53	1.13	0.83	1.42
Filing Date Shares Outstanding	86.09	85.3	76.03	64.69	52.44	43.34
Total Common Shares Outstanding	85.86	84.68	68.63	64.52	52.29	43.34
Working Capital	117.17	143.32	71.35	91.01	53.95	54.33
Book Value Per Share	0.18	0.91	0.69	1.40	1.25	1.64
Tangible Book Value	8.23	70.22	39.96	82.79	56.97	61.65
Tangible Book Value Per Share	0.10	0.83	0.58	1.28	1.09	1.42
Machinery	10.15	8.15	7.58	6.7	7.14	8.19
Construction In Progress	2.8	3	0.8	0.16	-	0.07
Leasehold Improvements	13.01	12.96	11.41	11.41	11.46	11.52

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q