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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Assets
Current assets
Cash and cash equivalents
Short-term investments
Marketable securities
Accounts receivable, net
Inventory, net
Prepaid expenses and other current assets
Total current assets
Long-term assets
Property and equipment, net
Operating lease right-of-use assets
Intangible assets, net
Long-term investments
Long-term marketable securities
Other long-term assets
Total assets
Liabilities and stockholders’ equity
Current liabilities
Accounts payable
Accrued compensation
Accrued clinical trial site costs
Common stock purchase liability
Operating lease liabilities
Accrued interest payable
Contingent liability for Essentialis purchase price
Other current liabilities
Total current liabilities
Long-term liabilities
Warrant liability
Contingent liability for Essentialis purchase price
Common stock purchase liability
Long-term debt, net
Long-term lease liabilities
Other long-term liabilities
Total liabilities
Stockholders’ equity
Common stock, $0.001 par value, 100,000,000 shares authorized, 51,718,149 and 52,286,881 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Additional paid-in-capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Total stockholders’ equity
Total liabilities and stockholders’ equity

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