Incannex Healthcare Inc.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $67.7M | $74.5M | $68.9M | $73.3M | $15.0M | $6.7M | $2.1M | $3.6M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $72.8M | $80.1M | $74.7M | $78.3M | $20.0M | $15.6M | $10.5M | $15.2M |
| Property, Plant & Equipment | $4.0K | $47.0K | $108.0K | $168.0K | $227.0K | $277.0K | $273.0K | $428.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $73.0M | $80.3M | $75.0M | $78.7M | $20.4M | $16.2M | $11.1M | $16.0M |
| Liabilities | ||||||||
| Accounts Payable | $1.1M | $1.6M | $1.2M | $1.3M | $6.1M | $1.0M | $818.0K | — |
| Total Current Liabilities | $1.5M | $1.9M | $1.5M | $1.6M | $7.0M | $7.4M | $5.8M | $9.2M |
| Long-Term Debt | — | — | — | — | — | — | $2.4M | — |
| Total Liabilities | $5.6M | $5.0M | $1.6M | $1.7M | $7.1M | $8.8M | $10.1M | $9.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-176.9M | $-174.4M | $-170.5M | $-164.0M | $-157.6M | $-126.0M | $-122.0M | $-116.1M |
| Total Stockholders' Equity | $67.4M | $75.2M | $73.4M | $77.0M | $13.4M | $7.4M | $964.0K | $6.6M |