Ardelyx, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $68.0M | $64.9M | $21.5M | $96.1M | $72.4M | $91.0M | $181.1M | $78.8M |
| Accounts Receivable | $71.8M | $57.7M | $22.0M | $7.7M | $502.0K | $0 | — | — |
| Inventory | $123.1M | $91.2M | $49.5M | $28.3M | — | — | — | — |
| Total Current Assets | $382.3M | $356.5M | $246.1M | $153.6M | $133.6M | $194.7M | $252.1M | $176.4M |
| Property, Plant & Equipment | $2.2M | $1.5M | $1.0M | $1.2M | $2.4M | $1.9M | $3.4M | $5.6M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $501.6M | $435.8M | $297.6M | $190.1M | $149.9M | $201.6M | $259.8M | $183.3M |
| Liabilities | ||||||||
| Accounts Payable | $19.2M | $16.0M | $11.1M | $10.9M | $4.3M | $5.6M | $2.2M | $1.1M |
| Total Current Liabilities | $88.6M | $77.8M | $50.4M | $65.6M | $52.8M | $28.4M | $22.2M | $17.7M |
| Long-Term Debt | $202.8M | $150.9M | $49.8M | $26.7M | $32.3M | $50.8M | $50.0M | $52.0M |
| Total Liabilities | $334.7M | $262.5M | $130.8M | $91.7M | $67.3M | $75.5M | $73.1M | $67.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-946.9M | $-885.3M | $-846.2M | $-780.1M | $-712.9M | $-554.8M | $-460.5M | $-365.5M |
| Total Stockholders' Equity | $166.9M | $173.3M | $166.8M | $98.3M | $82.6M | $126.1M | $186.7M | $115.8M |