INVA: the balance sheet

MyFinsight

For the year ending 2025-12-31, INVA has $1,635,165K in assets. $550,941K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	550,941
Accounts receivable	34,966
Receivable from collaboration arrangements	58,351
Inventory	39,172
Prepaid expenses	26,721
Current portion of isp fund investments	15,727
Other current assets	1,637
Total current assets	727,515
Property and equipment, net	1,555
Equity method investments	193,726
Equity and long-term investments	404,497
Gross carrying value	220,000
Accumulated amortization	163,862
Capitalized fees paid, net	56,138
Right-of-use assets	10,929
Goodwill	17,905
Intangible assets	182,156
Deferred tax assets, net	0
Other assets	40,744
Total assets	1,635,165

Accounts payable	4,966
Accrued personnel-related expenses	9,100
Accrued interest payable	1,618
Deferred revenue	4,270
Income tax payable	274
Convertible notes, due 2025, net of issuance costs	0
Other accrued liabilities	29,468
Total current liabilities	49,696
Long-term debt, net of discount and issuance costs	257,731
Other long-term liabilities	66,091
Deferred tax liabilities, net	31,793
Income tax payable, long-term	57,013
Common stock 0.01 par value, 200,000 shares authorized, 74,636 and 62,665 issued and outstanding as of december 31, 2025 and 2024 respectively	747
Additional paid-in capital	902,726
Retained earnings (accumulated deficit)	269,368
Total stockholders' equity	1,172,841
Total liabilities and stockholders' equity	1,635,165

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