| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net loss | -83,479 | -79,946 | -38,367 | -92,025 |
| Stock-based compensation | 22,266 | 14,368 | 7,438 | 13,777 |
| Depreciation and amortization | 1,208 | 732 | 451 | 1,679 |
| Non-cash lease expense | 173 | 112 | 55 | 361 |
| Loss (gain) on disposal of property and equipment | - | - | - | -3 |
| Loss on extinguishment of debt | - | - | - | -4,268 |
| Accretion and non-cash interest expense | 17,271 | 10,327 | 4,670 | 8,114 |
| Accounts receivable, net | 33,240 | 7,249 | -1,472 | 141 |
| Inventory | 23,931 | 5,980 | 1,108 | 38 |
| Prepaid expenses and other current assets | 3,064 | 83 | -815 | 3,445 |
| Other noncurrent assets | -1,964 | 11,502 | 4,624 | 7,471 |
| Accounts payable | -629 | 5,364 | 3,418 | -222 |
| Accrued expenses and other current liabilities | 21,785 | 3,863 | -4,818 | 3,291 |
| Operating lease liabilities | -254 | -166 | -81 | -760 |
| Net cash used in operating activities | -79,930 | -70,160 | -30,679 | -72,609 |
| Purchases of property, plant and equipment | 2,298 | 1,387 | 330 | 3,661 |
| Proceeds from the sale of property, plant and equipment | - | - | - | 0 |
| Net cash used in investing activities | -2,298 | -1,387 | -330 | -3,661 |
| Proceeds from revenue interest financing, net | - | - | - | 57,460 |
| Proceeds from long-term debt, net of fees | 74,975 | 74,975 | 24,975 | - |
| Payments on revenue interest financing liability | - | - | - | 2,731 |
| Payments on long-term debt | 13,033 | 4,976 | 2,122 | - |
| Principal payments on finance leases | 64 | 64 | 64 | 80 |
| Receipts from litigation financing | 984 | 670 | 235 | 489 |
| Proceeds from sale of common stock, net of issuance costs | - | - | - | 138,893 |
| Proceeds from issuance of common stock under stock incentive plans | 3,887 | 1,389 | 1,264 | 2,928 |
| Net cash provided by financing activities | 66,749 | 71,994 | 24,288 | 196,959 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -15,479 | 447 | -6,721 | 120,689 |
| Cash and cash equivalents at beginning of period | 176,479 | 176,479 | 176,479 | 83,679 |
| Cash and cash equivalents at end of period | 161,000 | 176,926 | 169,758 | 204,368 |
Liquidia Corp (LQDA)
Liquidia Corp (LQDA)