INVA: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, INVA has $1,429,106K in assets. $476,513K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	476,513	397,532
Accounts receivable	30,167	20,925
Receivables from collaboration arrangement	63,352	67,336
Inventory	38,363	48,996
Prepaid expenses	19,415	16,610
Current portion of isp fund investments	56,589	100,198
Other current assets	171	181
Total current assets	684,570	651,778
Property and equipment, net	1,529	451
Equity method investments	82,577	51,826
Equity and long-term investments	343,794	297,284
Capitalized fees paid, net	59,593	63,049
Right-of-use assets	1,402	1,759
Goodwill	17,905	17,905
Intangible assets	188,793	195,411
Deferred tax assets, net	7,982	12,931
Other assets	40,961	41,178
Total assets	1,429,106	1,333,572

Accounts payable	6,243	5,382
Accrued personnel-related expenses	6,819	4,750
Accrued interest payable	231	3,418
Deferred revenue	13,571	3,125
Convertible subordinated notes due 2025, net of issuance costs	0	191,903
Other accrued liabilities	21,607	37,985
Total current liabilities	48,471	246,563
Long-term debt, net of discount and issuance costs	257,377	257,019
Other long-term liabilities	57,431	60,021
Income tax payable, long-term	55,876	55,148
Common stock 0.01 par value, 200,000 shares authorized, 74,769 and 62,665 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	748	630
Additional paid-in capital	903,988	698,884
Retained earnings (accumulated deficit)	105,215	15,307
Total stockholders' equity	1,009,951	714,821
Total liabilities and stockholders' equity	1,429,106	1,333,572

Unit: Thousand (K) dollars