For the quarter ending 2026-03-31, INVA has $1,836,587K in assets. $603,085K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 603,085 | 550,941 | 476,513 | 397,532 |
| Accounts receivable | 34,005 | 34,966 | 30,167 | 20,925 |
| Receivable from collaboration arrangement | 58,623 | 58,351 | 63,352 | 67,336 |
| Inventory | 38,843 | 39,172 | 38,363 | 48,996 |
| Prepaid expenses | 24,842 | 26,721 | 19,415 | 16,610 |
| Current portion of isp fund investments | 8,846 | 15,727 | 56,589 | 100,198 |
| Other current assets | 4,379 | 1,637 | 171 | 181 |
| Total current assets | 772,623 | 727,515 | 684,570 | 651,778 |
| Property and equipment, net | 2,142 | 1,555 | 1,529 | 451 |
| Equity method investments | 351,376 | 193,726 | 82,577 | 51,826 |
| Equity and long-term investments | 413,078 | 404,497 | 343,794 | 297,284 |
| Gross carrying value | - | 220,000 | - | - |
| Deferred tax assets, net | - | 0 | 7,982 | 12,931 |
| Accumulated amortization | - | 163,862 | - | - |
| Capitalized fees paid, net | 52,682 | 56,138 | 59,593 | 63,049 |
| Right-of-use assets | 10,652 | 10,929 | 1,402 | 1,759 |
| Goodwill | 17,905 | 17,905 | 17,905 | 17,905 |
| Intangible assets | 175,602 | 182,156 | 188,793 | 195,411 |
| Other assets | 40,527 | 40,744 | 40,961 | 41,178 |
| Total assets | 1,836,587 | 1,635,165 | 1,429,106 | 1,333,572 |
| Convertible notes, due 2025, net of issuance costs | - | 0 | 0 | 191,903 |
| Accounts payable | 6,518 | 4,966 | 6,243 | 5,382 |
| Accrued personnel-related expenses | 4,334 | 9,100 | 6,819 | 4,750 |
| Accrued interest payable | 231 | 1,618 | 231 | 3,418 |
| Deferred revenue | 3,677 | 4,270 | 13,571 | 3,125 |
| Income tax payable | 0 | 274 | - | - |
| Other accrued liabilities | 21,798 | 29,468 | 21,607 | 37,985 |
| Total stockholders' equity | - | - | 1,009,951 | 714,821 |
| Total current liabilities | 36,558 | 49,696 | 48,471 | 246,563 |
| Long-term debt, net of discount and issuance costs | 258,095 | 257,731 | 257,377 | 257,019 |
| Other long-term liabilities | 69,103 | 66,091 | 57,431 | 60,021 |
| Deferred tax liabilities, net | 72,831 | 31,793 | - | - |
| Income tax payable, long-term | 58,345 | 57,013 | 55,876 | 55,148 |
| Common stock 0.01 par value, 200,000 shares authorized, 73,808 and 74,636 issued and outstanding as of march 31, 2026 and december 31,2025, respectively | 738 | 747 | 748 | 630 |
| Additional paid-in capital | 884,954 | 902,726 | 903,988 | 698,884 |
| Retained earnings | 455,963 | 269,368 | 105,215 | 15,307 |
| Total stockholders' equity | 1,341,655 | 1,172,841 | - | - |
| Total liabilities and stockholders' equity | 1,836,587 | 1,635,165 | 1,429,106 | 1,333,572 |