MADRIGAL PHARMACEUTICALS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $19.1m $148.6m $57.4m $46.7m $54.0m $36.3m $331.5m $99.9m $100.0m $198.7m
Prepaid Expense and Other Assets, Current $708k $485k $1.5m $1.2m $1.0m $1.3m $2.6m $3.1m $13.8m $47.8m
Cash, Cash Equivalents, and Short-term Investments $634.1m $931.3m
Inventory, Net $0 $34.1m $74.8m
Assets, Current $41.2m $192.0m $485.2m $440.2m $285.2m $271.7m $361.4m $637.3m $1.0b $1.2b
Property, Plant and Equipment, Net $3k $301k $227k $1.2m $1.0m $851k $601k $1.6m $2.2m $1.5m
Operating Lease, Right-of-Use Asset $675k $785k $797k $602k $1.7m $2.4m $4.9m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $53.8m $134.5m
Accrued Liabilities, Current $4.0m $8.1m $6.0m $23.6m $45.2m $55.0m $91.5m $90.0m $124.7m $260.4m
Assets $41.2m $192.3m $485.4m $442.1m $287.0m $273.3m $362.6m $640.5m $1.0b $1.3b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $315k $318k $410k $602k $527k $983k $1.0m
Accounts Payable, Current $762k $1.9m $2.5m $1.2m $1.0m $21.4m $23.8m $28.0m $43.6m $48.9m
Operating Lease, Liability, Noncurrent $361k $468k $387k $0 $1.2m $1.0m $6.7m
Long-term Debt, Excluding Current Maturities $49.3m $115.5m $117.6m $339.9m
Liabilities, Current $4.8m $10.1m $8.4m $25.1m $46.6m $76.8m $115.9m $118.5m $169.3m $310.3m
Liabilities $4.8m $10.1m $8.4m $25.5m $47.0m $77.2m $165.2m $235.2m $287.9m $656.9m
Stockholders’ equity:
Preferred Stock, Value, Issued $1k $1k $2k $2k $2k $2k $0 $0 $0 $0
Common Stock, Value, Issued $1k $1k $2k $2k $2k $2k $2k $2k $2k $2k
Retained Earnings (Accumulated Deficit) ($75.3m) ($106.5m) ($139.3m) ($223.2m) ($425.5m) ($667.3m) ($962.7m) ($1.3b) ($1.8b) ($2.1b)
Accumulated Other Comprehensive Income (Loss), Net of Tax $25k ($31k) ($319k) $216k $47k ($80k) ($32k) $468k $468k $873k
Additional Paid in Capital, Common Stock $111.7m $288.8m $616.6m $639.6m $665.4m $863.5m $1.2b $1.7b $2.6b $2.7b
Stockholders' Equity Attributable to Parent $36.4m $182.3m $477.0m $416.6m $240.0m $196.1m $197.4m $405.3m $754.4m $602.7m
Liabilities and Equity $41.2m $192.3m $485.4m $442.1m $287.0m $273.3m $362.6m $640.5m $1.0b $1.3b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.