← Liquidia Corp
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($47.6m) | ($59.8m) | ($34.6m) | ($41.0m) | ($78.5m) | ($130.4m) | ($68.9m) | — | |
| Depreciation and amortization | $2.6m | $3.1m | $5.6m | $3.6m | $2.2m | $2.2m | $1.5m | $1.6m | |
| Stock-based compensation | $3.4m | $4.0m | $6.7m | $9.3m | $10.1m | $18.8m | $29.5m | $31.3m | |
| Accounts receivable, net | $273k | $0 | ($3.0m) | ($2.0m) | $956k | $1.3m | ($51.4m) | ($72.9m) | |
| Inventory | — | — | — | — | — | ($241k) | ($23.0m) | ($26.4m) | |
| Accounts payable | $295k | ($297k) | ($7.6m) | $814k | ($1.2m) | $2.3m | ($2.6m) | ($5.4m) | |
| Non-cash increase in property, plant and equipment through accounts payable | $184k | $412k | $0 | $139k | $239k | $210k | $650k | — | |
| Non-cash increase in indemnification asset through accounts payable | — | $322k | $4.9m | $313k | $112k | $753k | $932k | — | |
| Accrued expenses and other current liabilities | $649k | $42k | ($103k) | $545k | $7.7m | $5.3m | $54.5m | — | |
| Offering costs incurred, but not paid included in accrued expenses | — | — | — | — | $132k | — | — | — | |
| Prepaid expenses and other current assets | ($371k) | ($132k) | ($40k) | ($719k) | ($798k) | ($1.9m) | $840k | — | |
| Net cash used in operating activities | ($48.3m) |
($54.1m)
-12.14%
|
($34.0m)
+37.14%
|
($28.6m)
+16.01%
|
($41.6m)
-45.39%
|
($93.4m)
-124.77%
|
($35.7m)
+61.80%
|
$48.0m
+234.46%
|
|
| Loss (gain) on disposal of property and equipment | $7k | $11k | $44k | $4k | ($2k) | $46k | $11k | — | |
| Proceeds from the sale of property, plant and equipment | $7k | $11k | $44k | $5k | $2k | $8k | $650k | — | |
| Purchases of property, plant and equipment | ($1.9m) | ($752k) | ($107k) | ($592k) | ($1.3m) | ($4.9m) | ($4.3m) | — | |
| Net cash used in investing activities | ($1.9m) | $248k | ($107k) | ($587k) | ($11.3m) | ($8.4m) | ($6.3m) | ($8.8m) | |
| Loss on extinguishment of debt | — | — | $53k | $997k | $2.3m | $4.3m | — | — | |
| Proceeds from long-term debt, net of fees | $5.0m | $0 | $10.4m | $19.8m | $41.7m | $57.5m | $75.0m | — | |
| Payments on long-term debt | $0 | ($5.6m) | ($10.4m) | ($10.5m) | ($20.0m) | ($4.9m) | ($21.1m) | — | |
| Payments for debt prepayment and extinguishment costs | — | — | — | — | ($2.2m) | — | — | — | |
| Proceeds from sale of common stock, net of issuance costs | $63.0m | $71.2m | $21.7m | $54.5m | $24.2m | $138.6m | — | — | |
| Proceeds from issuance of common stock under stock incentive plans | $141k | $87k | $41k | $1.1m | $1.2m | $3.0m | $4.8m | $63.7m | |
| Net cash provided by financing activities | $66.4m |
$63.4m
-4.48%
|
$26.3m
-58.50%
|
$65.0m
+146.82%
|
$43.2m
-33.43%
|
$194.7m
+350.11%
|
$59.7m
-69.32%
|
$17.4m
-70.89%
|
|
| Cash, cash equivalents, and restricted cash, beginning of period | $55.8m | $65.3m | $57.5m | $93.3m | $83.7m | $176.5m | $194.2m | — | |
| Net increase in cash, cash equivalents, and restricted cash | $16.3m | $9.5m | ($7.8m) | $35.8m | ($9.6m) | $92.8m | $17.7m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Acquired in-process research and development | — | — | — | — | $10.0m | $3.5m | $2.0m | — | |
| Non-cash lease expense | $226k | $174k | $237k | $311k | $397k | $468k | $238k | — | |
| Accretion and non-cash interest expense | — | — | — | $328k | $6.1m | $12.5m | $24.2m | — | |
| Other noncurrent assets | $807k | ($12k) | $80k | $4k | $20k | ($10.6m) | ($2.3m) | — | |
| Operating lease liabilities | ($422k) | ($566k) | ($665k) | ($775k) | ($900k) | ($970k) | ($353k) | — | |
| Principal payments on finance leases | ($35k) | $0 | ($477k) | ($311k) | ($181k) | ($107k) | ($64k) | — | |
| Receipts from litigation financing | $0 | $508k | $5.0m | $451k | $113k | $593k | $1.1m | — | |
| Cash paid for interest | $887k | $821k | $423k | $1.6m | $360k | — | — | — | |
| Cash paid for operating lease liabilities | $1.1m | $1.2m | $1.2m | $1.2m | $1.3m | $1.3m | $1.4m | $48.0m | |
| Non-cash increase in right-of-use assets due to remeasurement of lease liabilities | — | — | — | — | — | $4.6m | — | — |