LIQUIDIA CORPORATION
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $284.2M | $222.8M | $190.7M | $157.5M | $173.4M | $169.8M | $176.5M | $204.4M |
| Accounts Receivable | $108.6M | $74.2M | $54.1M | $36.0M | $10.0M | $1.2M | $2.7M | $4.2M |
| Inventory | $36.2M | $28.5M | $23.8M | $24.5M | $6.4M | $1.3M | $241.0K | $38.0K |
| Total Current Assets | $437.7M | $333.1M | $273.4M | $226.7M | $195.6M | $177.2M | $185.1M | $214.2M |
| Property, Plant & Equipment | $34.6M | $20.8M | $11.8M | $10.7M | $9.5M | $8.5M | $8.3M | $7.8M |
| Goodwill | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M | $3.9M |
| Intangible Assets (Excl. Goodwill) | $2.8M | $2.9M | $3.0M | $3.0M | $3.1M | $3.1M | $3.2M | $3.2M |
| Total Assets | $521.9M | $401.5M | $327.9M | $276.0M | $257.4M | $227.4M | $230.3M | $252.9M |
| Liabilities | ||||||||
| Accounts Payable | $12.7M | $11.0M | $3.7M | $6.0M | $11.3M | $8.7M | $4.7M | $2.3M |
| Total Current Liabilities | $189.3M | $149.7M | $135.8M | $102.9M | $78.4M | $60.5M | $41.8M | $33.8M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $326.8M | $293.0M | $283.2M | $253.9M | $242.2M | $177.7M | $150.9M | $140.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-498.7M | $-573.5M | $-626.3M | $-640.9M | $-637.3M | $-595.8M | $-557.4M | $-518.9M |
| Total Stockholders' Equity | $195.1M | $108.6M | $44.7M | $22.1M | $15.2M | $49.7M | $79.4M | $112.8M |