Liquidia 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	222.79	190.68	176.48	83.68	93.28	57.49
Cash & Short-Term Investments	222.79	190.68	176.48	83.68	93.28	57.49
Cash Growth	31.24%	8.05%	110.90%	-10.30%	62.25%	-11.98%
Accounts Receivable	74.16	54.09	2.72	4.06	5.02	2.99
Inventory	28.51	23.8	0.24	-	-	-
Other Current Assets	7.61	4.83	5.67	2.16	1.51	0.79
Total Current Assets	333.06	273.4	185.11	89.9	99.81	61.28
Net Property, Plant & Equipment	25.2	15.79	12.49	6.18	6.25	7.43
Other Intangible Assets	2.89	2.95	3.16	3.43	3.73	4.39
Goodwill	3.9	3.9	3.9	3.9	3.9	3.9
Other Long-Term Assets	36.49	31.89	25.66	14.92	15.51	16.73
Total Assets	401.53	327.93	230.31	118.33	129.2	93.73
Accounts Payable	10.98	3.68	4.69	1.4	2.2	1.07
Accrued Expenses	87.73	73.2	18.66	13.4	5.52	5.17
Current Portion of Long-Term Debt	50.22	58.41	18.02	2.62	-	-
Current Portion of Leases	0.81	0.49	0.42	1.14	1.08	1.09
Total Current Liabilities	149.74	135.77	41.78	18.55	8.8	7.33
Long-Term Debt	127.64	132.94	95.27	43.42	19.88	10.41
Long-Term Leases	6.15	6.1	6.59	2.36	3.5	4.58
Other Long-Term Liabilities	9.42	8.38	7.3	6.71	6.59	6.14
Total Long-Term Liabilities	143.21	147.42	109.15	52.49	29.98	21.14
Total Liabilities	292.95	283.19	150.94	71.04	38.78	28.46
Common Stock	0.09	0.09	0.09	0.07	0.06	0.05
Additional Paid-in Capital	681.94	670.97	636.68	476.32	440.95	374.79
Retained Earnings	-573.45	-626.31	-557.39	-429.1	-350.6	-309.58
Shareholders' Equity	108.58	44.75	79.38	47.29	90.42	65.27
Total Liabilities & Equity	401.53	327.93	230.31	118.33	129.2	93.73
Total Debt	184.82	197.93	120.29	49.54	24.46	16.08
Net Cash (Debt)	37.96	-7.25	56.19	34.14	68.82	41.41
Net Cash Growth	-	-	64.58%	-50.39%	66.18%	-14.03%
Net Cash Per Share	0.41	-0.08	0.71	0.53	1.13	0.83
Book Value	108.58	44.75	79.38	47.29	90.42	65.27
Book Value Per Share	1.16	0.52	1.01	0.73	1.48	1.31
Tangible Book Value	101.79	37.89	72.32	39.96	82.79	56.97
Tangible Book Value Per Share	1.09	0.44	0.92	0.61	1.36	1.15

SEC Filings: 10-K · 10-Q