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Balance Sheets Overview

Current Ratio
334.24%
Quick Ratio
334.24%
Cash Ratio
73.51%
Debt to Asset Ratio
74.12%
Unit: Thousand (K) dollars
Assets Breakdown
    • Short-term investments
    • Inventory, non-current
    • Accounts receivable
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Long-term debt
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
97,191
31,209
67,999
42,715
Short-term investments
184,639
206,865
196,690
199,990
Accounts receivable
100,352
82,840
71,848
76,610
Inventory
25,858
22,745
17,735
25,172
Prepaid commercial manufacturing
14,697
14,635
14,479
8,051
Prepaid expenses and other current assets
19,189
23,576
13,566
15,447
Total current assets
441,926
381,870
382,317
367,985
Property and equipment, net
1,781
2,002
2,184
2,069
Inventory, non-current
113,127
105,280
105,372
104,186
Prepaid commercial manufacturing, non-current
8,494
4,238
-
-
Right-of-use assets
4,065
4,433
4,795
5,152
Other assets
6,501
6,684
6,936
6,778
Total assets
575,894
504,507
501,604
486,170
Accounts payable
38,410
28,195
19,235
18,390
Accrued compensation and benefits
14,564
9,382
19,108
15,056
Current portion of operating lease liability
1,545
1,510
1,479
1,435
Deferred revenue
6,738
3,248
1,206
6,581
Accrued expenses and other current liabilities
70,963
67,233
47,577
41,927
Total current liabilities
132,220
109,568
88,605
83,389
Operating lease liability, net of current portion
2,822
3,237
3,641
4,038
Long-term debt
251,823
203,517
202,834
202,138
Deferred revenue, non-current
13,699
13,699
13,699
13,699
Deferred royalty obligation related to the sale of future royalties
26,317
25,864
25,876
28,626
Total liabilities
426,881
355,885
334,655
331,890
Common stock, 0.0001 par value per share 500,000,000 shares authorized 249,147,061 and 244,351,501 shares issued and outstanding as of june30, 2026 and december31, 2025, respectively
25
25
24
24
Additional paid-in capital
1,150,446
1,133,265
1,113,666
1,100,664
Accumulated deficit
-1,001,265
-984,544
-946,939
-946,532
Accumulated other comprehensive (loss) income
-193
-124
198
124
Total stockholders equity
149,013
148,622
166,949
154,280
Total liabilities and stockholders equity
575,894
504,507
501,604
486,170
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Short-term investments$184,639K (24.41%↑ Y/Y)Accounts receivable$100,352K (60.43%↑ Y/Y)Cash and cashequivalents$97,191K (7.94%↑ Y/Y)Inventory$25,858K (16.09%↑ Y/Y)Prepaid expenses andother current assets$19,189K (23.41%↑ Y/Y)Prepaid commercialmanufacturing$14,697K (15.36%↑ Y/Y)Total current assets$441,926K (25.70%↑ Y/Y)Inventory, non-current$113,127K (12.02%↑ Y/Y)Prepaid commercialmanufacturing, non-current$8,494K Other assets$6,501K (-8.02%↓ Y/Y)Right-of-use assets$4,065K (-18.80%↓ Y/Y)Property and equipment,net$1,781K (-16.89%↓ Y/Y)Total assets$575,894K (23.38%↑ Y/Y)Total liabilities andstockholders equity$575,894K (23.38%↑ Y/Y)Total liabilities$426,881K (30.45%↑ Y/Y)Total stockholdersequity$149,013K (6.80%↑ Y/Y)Accumulated deficit-$1,001,265K (-5.89%↓ Y/Y)Accumulated othercomprehensive (loss) income-$193K (-407.89%↓ Y/Y)Long-term debt$251,823K (25.01%↑ Y/Y)Total currentliabilities$132,220K (61.79%↑ Y/Y)Deferred royaltyobligation related to the...$26,317K (-5.20%↓ Y/Y)Deferred revenue,non-current$13,699K (11.42%↑ Y/Y)Operating leaseliability, net of current...$2,822K (-29.71%↓ Y/Y)Additional paid-in capital$1,150,446K (6.02%↑ Y/Y)Common stock, 0.0001par value per share...$25K (4.17%↑ Y/Y)Accrued expenses andother current...$70,963K (74.10%↑ Y/Y)Accounts payable$38,410K (77.13%↑ Y/Y)Accrued compensationand benefits$14,564K (23.28%↑ Y/Y)Deferred revenue$6,738K (7.29%↑ Y/Y)Current portion ofoperating lease liability$1,545K (30.71%↑ Y/Y)

ARDELYX, INC. (ARDX)

ARDELYX, INC. (ARDX)