For the quarter ending 2026-03-31, OTLK has $21,892,406 in assets. $50,887,177 in debts. $7,748,226 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 7,748,226 | 8,677,424 | 8,083,085 | 8,900,814 |
| Accounts receivable | 2,719,828 | 114,609 | 1,490,931 | 1,751,422 |
| Inventory | 3,344,242 | 3,458,064 | 3,338,404 | 4,126,716 |
| Prepaid expenses and other current assets | 7,092,415 | 4,916,404 | 4,476,549 | 6,317,332 |
| Total current assets | 20,904,711 | 17,166,501 | 17,388,969 | 21,096,284 |
| Operating lease right-of-use assets, net | 198,975 | 212,413 | 225,508 | 238,266 |
| Equity method investment | 468,430 | 513,549 | 552,183 | 592,602 |
| Other assets | 320,290 | 346,111 | 417,523 | 464,388 |
| Total assets | 21,892,406 | 18,238,574 | 18,584,183 | 22,391,540 |
| Current portion of unsecured convertible promissory note | 9,845,000 | 36,660,000 | 29,947,000 | 14,000,000 |
| Current portion of unsecured promissory note | 6,000,000 | - | - | - |
| Current portion of operating lease liabilities | 62,003 | 61,125 | 58,897 | 56,560 |
| Accounts payable | 13,635,834 | 7,318,649 | 10,192,388 | 10,262,137 |
| Accrued expenses | 9,039,153 | 4,714,026 | 5,314,320 | 5,313,670 |
| Income taxes payable | 302,000 | 302,000 | 302,000 | 1,856,629 |
| Total current liabilities | 38,883,990 | 49,055,800 | 45,814,605 | 31,488,996 |
| Unsecured promissory note | 11,124,000 | - | - | 20,437,000 |
| Operating lease liabilities | 156,958 | 171,988 | 188,801 | 204,145 |
| Warrant liability | 722,229 | 7,560,251 | 4,768,438 | 7,451,124 |
| Total liabilities | 50,887,177 | 56,788,039 | 50,771,844 | 59,581,265 |
| Common stock, par value 0.01 per share 260,000,000 shares authorized 104,614,219 and 53,887,233 shares issued and outstanding at march 31, 2026 and september 30, 2025, respectively | 1,046,143 | 645,566 | 538,873 | 434,791 |
| Additional paid-in capital | 603,180,065 | 589,572,867 | 572,983,229 | 554,792,478 |
| Accumulated deficit | -633,220,979 | -628,767,898 | -605,709,763 | -592,416,994 |
| Total stockholders' deficit | -28,994,771 | -38,549,465 | -32,187,661 | -37,189,725 |
| Total liabilities and stockholders' deficit | 21,892,406 | 18,238,574 | 18,584,183 | 22,391,540 |
Outlook Therapeutics, Inc. (OTLK)
Outlook Therapeutics, Inc. (OTLK)