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For the quarter ending 2026-03-31, NVAX has $1,043,162K in assets. $1,187,924K in debts. $228,363K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
248.44%
Quick Ratio
245.10%
Cash Ratio
66.68%
Debt to Asset Ratio
113.88%
Unit: Thousand (K) dollars
Assets Breakdown
    • Marketable securities
    • Cash and cash equivalents
    • Goodwill
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Deferred revenue
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
228,363 240,634 268,023 253,744
Marketable securities
561,969 494,450 494,871 358,560
Restricted cash
0 10,876 10,816 10,749
Accounts receivable
23,312 106,446 34,174 226,396
Inventory
11,458 11,545 13,511 10,240
Prepaid expenses and other current assets
25,714 26,815 45,532 59,823
Assets held for sale
0 87,510 107,663 -
Total current assets
850,816 978,276 974,590 919,512
Property and equipment, net
42,149 44,800 49,120 129,643
Right-of-use asset, net
21,358 22,897 23,873 153,044
Goodwill
112,888 113,462 113,080 112,958
Other non-current assets
15,951 17,077 19,226 21,392
Total assets
1,043,162 1,176,512 1,179,889 1,336,549
Accounts payable
16,101 24,578 15,227 50,595
Accrued expenses
103,027 107,165 115,586 86,697
Deferred revenue
88,772 140,053 104,251 113,763
Current portion of finance lease liabilities
2,112 2,507 5,036 5,552
Convertible notes payable
-244,213 243,835 170,568
Other current liabilities
132,449 137,778 138,334 132,531
Liabilities held for sale
0 47,869 51,435 -
Total current liabilities
342,461 459,950 429,869 389,138
Deferred revenue
359,273 358,943 397,105 399,263
Long-term debt
291,039 ---
Non-current finance lease liabilities
1,907 2,091 2,269 52,370
Other non-current liabilities
193,244 239,068 263,483 287,585
Total liabilities
1,187,924 1,304,265 1,336,561 1,298,924
Common stock, 0.01 par value, 600,000,000 shares authorized at march31, 2026 and december31, 2025 167,765,721 shares issued and 164,422,575 shares outstanding at march31, 2026 and 164,969,773 shares issued and 162,575,937 shares outstanding at december31, 2025
1,678 1,650 1,648 1,645
Additional paid-in capital
4,548,592 4,539,756 4,531,763 4,522,193
Accumulated deficit
-4,577,639 -4,568,148 -4,585,675 -4,383,296
Treasury stock, cost basis, 3,343,146 shares at march31, 2026 and 2,393,836 shares at december31, 2025
112,319 103,021 102,663 102,459
Accumulated other comprehensive income (loss)
-5,074 2,010 -1,745 -458
Total stockholders deficit
-144,762 -127,753 -156,672 37,625
Total liabilities and stockholders deficit
1,043,162 1,176,512 1,179,889 1,336,549
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Marketable securities$561,969K Cash and cashequivalents$228,363K Prepaid expenses andother current assets$25,714K Accounts receivable$23,312K Inventory$11,458K Total current assets$850,816K Goodwill$112,888K Property and equipment,net$42,149K Right-of-use asset, net$21,358K Other non-currentassets$15,951K Total assets$1,043,162K Accumulated deficit-$4,577,639K Treasury stock, costbasis, 3,343,146...$112,319K Accumulated othercomprehensive income (loss)-$5,074K Total liabilities andstockholders deficit$1,043,162K Total stockholdersdeficit-$144,762K Additional paid-in capital$4,548,592K Common stock, 0.01 parvalue, 600,000,000...$1,678K Total liabilities$1,187,924K Deferred revenue$359,273K Total currentliabilities$342,461K Long-term debt$291,039K Other non-currentliabilities$193,244K Non-current finance leaseliabilities$1,907K Other currentliabilities$132,449K Accrued expenses$103,027K Deferred revenue$88,772K Accounts payable$16,101K Current portion offinance lease...$2,112K

NOVAVAX INC (NVAX)

NOVAVAX INC (NVAX)