For the quarter ending 2026-03-31, LTRN has $7,223,067 in assets. $3,777,366 in debts. $4,917,796 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,917,796 | 4,422,838 | 8,389,486 | 6,061,408 |
| Marketable securities | 1,405,057 | 5,696,386 | 3,973,090 | 9,840,366 |
| Prepaid expenses & other current assets | 734,407 | 683,948 | 1,098,429 | 1,299,016 |
| Total current assets | 7,057,260 | 10,803,172 | 13,461,005 | 17,200,790 |
| Property and equipment, net | 28,022 | 31,875 | 35,977 | 39,524 |
| Operating lease right-of-use assets | 56,868 | 75,595 | 93,090 | 143,240 |
| Deferred offering costs | 54,827 | 88,431 | - | - |
| Other assets | 26,090 | 36,738 | 36,738 | 36,738 |
| Total assets | 7,223,067 | 11,035,811 | 13,626,810 | 17,420,292 |
| Accounts payable and accrued expenses | 3,718,290 | 4,423,048 | 3,946,018 | 4,752,848 |
| Operating lease liabilities, current | 59,076 | 78,539 | 93,954 | 131,515 |
| Total current liabilities | 3,777,366 | 4,501,587 | 4,039,972 | 4,884,363 |
| Operating lease liabilities, net of current portion | - | - | - | 13,524 |
| Preferred stock (1,000,000 authorized at june 30, 2025 and december 31, 2024 .0001 par value) (zero shares issued and outstanding at june 30, 2025 and december 31, 2024) | - | - | - | 0 |
| Total liabilities | 3,777,366 | 4,501,587 | 4,039,972 | 4,897,887 |
| Common stock (25,000,000 authorized at march 31, 2026 and december 31, 2025 .0001 par value) (11,254,697 shares issued and outstanding at march 31, 2026 and december 31, 2025) | 1,125 | 1,125 | 1,104 | 1,078 |
| Additional paid-in capital | 99,954,439 | 99,652,724 | 98,616,239 | 97,366,699 |
| Accumulated other comprehensive (loss) income | -35,637 | 25,430 | 40,333 | 48,043 |
| Accumulated deficit | -96,474,226 | -93,145,055 | -89,070,838 | -84,893,415 |
| Total stockholders equity | 3,445,701 | 6,534,224 | 9,586,838 | 12,522,405 |
| Total liabilities and stockholders equity | 7,223,067 | 11,035,811 | 13,626,810 | 17,420,292 |
Lantern Pharma Inc. (LTRN)
Lantern Pharma Inc. (LTRN)