For the quarter ending 2026-03-31, ARDX has $504,507K in assets. $355,885K in debts. $31,209K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 31,209 | 67,999 | 42,715 | 90,045 |
| Short-term investments | 206,865 | 196,690 | 199,990 | 148,407 |
| Accounts receivable | 82,840 | 71,848 | 76,610 | 62,553 |
| Inventory | 22,745 | 17,735 | 25,172 | 22,275 |
| Prepaid commercial manufacturing | 14,635 | 14,479 | 8,051 | 12,740 |
| Prepaid expenses and other current assets | 23,576 | 13,566 | 15,447 | 15,549 |
| Total current assets | 381,870 | 382,317 | 367,985 | 351,569 |
| Property and equipment, net | 2,002 | 2,184 | 2,069 | 2,143 |
| Inventory, non-current | 105,280 | 105,372 | 104,186 | 100,984 |
| Prepaid commercial manufacturing, non-current | 4,238 | - | - | - |
| Right-of-use assets | 4,433 | 4,795 | 5,152 | 5,006 |
| Other assets | 6,684 | 6,936 | 6,778 | 7,068 |
| Total assets | 504,507 | 501,604 | 486,170 | 466,770 |
| Accounts payable | 28,195 | 19,235 | 18,390 | 21,685 |
| Accrued compensation and benefits | 9,382 | 19,108 | 15,056 | 11,814 |
| Current portion of operating lease liability | 1,510 | 1,479 | 1,435 | 1,182 |
| Deferred revenue | 3,248 | 1,206 | 6,581 | 6,280 |
| Accrued expenses and other current liabilities | 67,233 | 47,577 | 41,927 | 40,761 |
| Total current liabilities | 109,568 | 88,605 | 83,389 | 81,722 |
| Operating lease liability, net of current portion | 3,237 | 3,641 | 4,038 | 4,015 |
| Long-term debt | 203,517 | 202,834 | 202,138 | 201,446 |
| Deferred revenue, non-current | 13,699 | 13,699 | 13,699 | 12,295 |
| Deferred royalty obligation related to the sale of future royalties | 25,864 | 25,876 | 28,626 | 27,761 |
| Total liabilities | 355,885 | 334,655 | 331,890 | 327,239 |
| Common stock, 0.0001 par value per share 500,000,000 shares authorized 246,973,414 and 244,351,501 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 25 | 24 | 24 | 24 |
| Additional paid-in capital | 1,133,265 | 1,113,666 | 1,100,664 | 1,085,108 |
| Accumulated deficit | -984,544 | -946,939 | -946,532 | -945,563 |
| Accumulated other comprehensive (loss) income | -124 | 198 | 124 | -38 |
| Total stockholders equity | 148,622 | 166,949 | 154,280 | 139,531 |
| Total liabilities and stockholders equity | 504,507 | 501,604 | 486,170 | 466,770 |
ARDELYX, INC. (ARDX)
ARDELYX, INC. (ARDX)