Phathom Pharmaceuticals, Inc. (PHAT)

Phathom Pharmaceuticals 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	135.16	297.26	381.39	155.39	183.26	287.5
Cash & Short-Term Investments	135.16	297.26	381.39	155.39	183.26	287.5
Cash Growth	-59.62%	-22.06%	145.45%	-15.21%	-36.26%	17.94%
Receivables	55.79	38.8	1.64	-	-	-
Inventory	3.61	3.21	1.21	-	-	-
Prepaid Expenses	13.23	20.87	13.19	5.13	3.27	3.87
Total Current Assets	207.78	360.13	397.43	160.51	186.53	291.37
Property, Plant & Equipment	3.85	2.09	3.62	3.49	2.56	3.36
Other Long-Term Assets	28.66	16.1	12.79	0.8	0.34	0.38
Total Assets	240.29	378.32	413.84	164.81	189.43	295.11
Accounts Payable	1.08	10.51	12.6	10	5.15	16.78
Accrued Expenses	67.11	54.94	18.34	15.53	13.28	30.92
Current Portion of Long-Term Debt	24.34	19.78	7.11	-	-	7.35
Current Portion of Leases	0.59	0.5	0.73	0.71	0.49	0.47
Total Current Liabilities	93.12	85.73	38.78	26.24	18.92	55.52
Long-Term Debt	556.08	534.67	437.66	204.79	89.67	39.63
Long-Term Leases	2.12	-	0.46	1.1	1.18	1.56
Other Long-Term Liabilities	11.5	11.5	9.7	7.5	7.5	4.13
Total Liabilities	662.82	631.9	486.6	239.62	117.28	100.84
Common Stock	0.01	0.01	0.01	0	0	0
Additional Paid-In Capital	1,041	1,009	855.92	652.28	601.52	579.76
Retained Earnings	-1,463	-1,263	-928.69	-727.09	-529.37	-385.49
Shareholders' Equity	-422.53	-253.58	-72.76	-74.81	72.16	194.27
Total Liabilities & Equity	240.29	378.32	413.84	164.81	189.43	295.11
Total Debt	583.14	554.95	445.96	206.6	91.34	49.02
Net Cash (Debt)	-447.98	-257.69	-64.56	-51.21	91.92	238.48
Net Cash Growth	-	-	-	-	-61.46%	8.30%
Net Cash Per Share	-6.20	-4.08	-1.26	-1.31	2.48	7.18
Filing Date Shares Outstanding	71.14	69.64	58.48	41.72	30.57	28.57
Total Common Shares Outstanding	71.04	68.52	57.97	41.47	30.51	28.52
Working Capital	114.66	274.41	358.65	134.28	167.61	235.84
Book Value Per Share	-5.95	-3.70	-1.26	-1.80	2.36	6.81
Tangible Book Value	-422.53	-253.58	-72.76	-74.81	72.16	194.27
Tangible Book Value Per Share	-5.95	-3.70	-1.26	-1.80	2.36	6.81
Machinery	-	4.16	4.05	2.16	1.43	1.26
Construction In Progress	-	-	-	0.4	-	-
Leasehold Improvements	-	0.16	0.14	0.12	0.08	0.05

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

SEC Filings: 10-K · 10-Q