PVLA: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, PVLA has $263,759K in assets. $31,446K in debts. $206,394K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	206,394	57,982	63,567	70,433
Accounts receivable	-	0	0	0
German research and development tax credit receivable	-	0	2,216	1,978
Short-term investments	55,459	-	-	-
Prepaid expenses and other current assets	1,378	1,005	1,154	1,336
Total current assets	263,231	58,987	66,937	73,747
Operating lease right-of-use assets, net	528	572	-	-
Total assets	263,759	59,559	66,937	73,747

Accounts payable	5,443	4,595	3,481	4,557
Derivative liabilities - contingent value right liability	0	2,196	2,216	1,978
Current portion of operating lease liability	209	202	-	-
Accrued expenses and other current liabilities	3,463	4,351	4,615	3,081
Total current liabilities	9,115	11,344	10,312	9,616
Long-term portion of operating lease liability	375	431	-	-
Royalty agreement liability	19,799	17,760	16,021	14,511
Derivative liabilities - royalty agreement	2,157	2,041	1,922	1,840
Total liabilities	31,446	31,576	28,255	25,967
Common stock, 0.001 par value 200,000,000 shares authorized 14,313,659 and 12,380,933 shares issued and outstanding at march 31, 2026 and december 31, 2025	14	12	11	11
Additional paid-in capital	383,421	163,338	161,303	159,271
Accumulated other comprehensive (loss) income	95	83	104	-111
Accumulated deficit	-151,217	-135,450	-122,736	-111,391
Total stockholders' equity	232,313	27,983	38,682	47,780
Total liabilities and stockholders' equity	263,759	59,559	66,937	73,747

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.