LIQUIDIA CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $190.7M | $176.5M | $83.7M | $93.3M | $57.5M | $65.3M | — |
| Accounts Receivable | $54.1M | $2.7M | $4.1M | $5.0M | $3.0M | — | — |
| Inventory | $23.8M | $241.0K | — | — | — | — | — |
| Total Current Assets | $273.4M | $185.1M | $89.9M | $99.8M | $61.3M | $66.1M | $56.4M |
| Property, Plant & Equipment | $11.8M | $8.3M | $4.5M | $4.2M | $5.0M | $6.8M | $9.3M |
| Goodwill | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M | $0 |
| Intangible Assets (Excl. Goodwill) | $3.0M | $3.2M | $3.4M | $3.7M | $4.4M | $5.5M | $0 |
| Total Assets | $327.9M | $230.3M | $118.3M | $129.2M | $93.7M | $99.5M | $68.8M |
| Liabilities | |||||||
| Accounts Payable | $3.7M | $4.7M | $1.4M | $2.2M | $1.1M | $3.7M | $3.5M |
| Total Current Liabilities | $135.8M | $41.8M | $18.6M | $8.8M | $7.3M | $11.7M | $16.9M |
| Long-Term Debt | — | — | — | $19.9M | $10.4M | $10.3M | $10.3M |
| Total Liabilities | $283.2M | $150.9M | $71.0M | $38.8M | $28.5M | $28.4M | $33.9M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-626.3M | $-557.4M | $-429.1M | $-350.6M | $-309.6M | $-275.0M | $-215.2M |
| Total Stockholders' Equity | $44.7M | $79.4M | $47.3M | $90.4M | $65.3M | $71.1M | $34.9M |