PolyPid 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	6.4	15.64	5.31	8.55	9.82
Short-Term Investments	6.53	-	-	4.04	22.38
Cash & Short-Term Investments	12.93	15.64	5.31	12.59	32.2
Cash Growth	-17.31%	194.61%	-57.84%	-60.89%	-27.59%
Other Receivables	-	0.17	0.1	0.24	0.6
Receivables	-	0.17	0.1	0.24	0.6
Inventory	1.11	-	-	-	-
Prepaid Expenses	1	0.33	0.35	0.55	1.45
Restricted Cash	0.19	0.17	0.3	0.51	0.4
Other Current Assets	-	0.27	0.01	0.3	0.16
Total Current Assets	15.23	16.57	6.07	14.19	34.81
Property, Plant & Equipment	6.77	8.37	9.22	11.68	8.76
Other Long-Term Assets	0.31	0.28	0.09	0.1	0.66
Total Assets	22.31	25.22	15.37	25.97	44.24
Accounts Payable	2.86	2.41	0.77	1.14	4.14
Accrued Expenses	2.73	2.54	1.95	2.41	3.67
Current Portion of Long-Term Debt	0.99	6.79	4	4.02	-
Current Portion of Leases	1.16	0.92	0.54	0.96	-
Current Unearned Revenue	-	-	-	-	0.27
Other Current Liabilities	-	0.02	0.02	0.02	0.01
Total Current Liabilities	7.74	12.68	7.29	8.55	8.08
Long-Term Debt	-	0.63	6.38	7.57	-
Long-Term Leases	0.65	1.28	0.86	1.17	-
Long-Term Unearned Revenue	2.55	2.55	2.55	2.55	-
Other Long-Term Liabilities	0.4	0.4	0.4	0.29	0.2
Total Liabilities	11.33	17.54	17.47	20.14	8.28
Additional Paid-In Capital	312.47	275.02	236.21	220.27	210.85
Retained Earnings	-301.5	-267.33	-238.31	-214.44	-174.89
Total Common Equity	10.97	7.68	-2.1	5.83	35.96
Shareholders' Equity	10.97	7.68	-2.1	5.83	35.96
Total Liabilities & Equity	22.31	25.22	15.37	25.97	44.24
Total Debt	2.8	9.62	11.78	13.73	-
Net Cash (Debt)	10.14	6.02	-6.47	-1.14	32.2
Net Cash Growth	68.28%	-	-	-	-27.59%
Net Cash Per Share	0.62	1.02	-4.61	-1.75	51.60
Filing Date Shares Outstanding	18.2	10.19	4.8	0.73	0.63
Total Common Shares Outstanding	18.2	10.19	1.65	0.66	0.63
Working Capital	7.49	3.89	-1.22	5.64	26.74
Book Value Per Share	0.60	0.75	-1.27	8.81	57.52
Tangible Book Value	10.97	7.68	-2.1	5.83	35.96
Tangible Book Value Per Share	0.60	0.75	-1.27	8.81	57.52
Machinery	-	8.97	8.92	8.72	6.99
Leasehold Improvements	-	6.52	6.5	6.5	6.02

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q