Financial Snapshot

Revenue
$14.84M
TTM
Gross Margin
68.11%
TTM
Net Earnings
-$112.1M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
608.01%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$62.72M
Q2 2024
Cash
Q2 2024
P/E
-7.276
Sep 13, 2024 EST
Free Cash Flow
-$87.66M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $17.49M $15.94M $12.85M $739.6K $8.072M $2.710M $7.260M $13.22M
YoY Change 9.75% 23.98% 1637.81% -90.84% 197.86% -62.67% -45.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $17.49M $15.94M $12.85M $739.6K $8.072M $2.710M $7.260M $13.22M
Cost Of Revenue $2.888M $2.859M $3.023M $237.7K $810.0K $120.0K $320.0K $920.0K
Gross Profit $14.60M $13.08M $9.830M $501.9K $7.260M $2.590M $6.940M $12.30M
Gross Profit Margin 83.49% 82.06% 76.48% 67.86% 89.94% 95.57% 95.59% 93.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $44.74M $32.41M $17.74M $17.41M $13.60M $8.750M $10.21M $4.840M
YoY Change 38.05% 82.66% 1.92% 28.01% 55.43% -14.3% 110.95%
% of Gross Profit 306.45% 247.87% 180.5% 3468.71% 187.33% 337.84% 147.12% 39.35%
Research & Development $43.24M $19.44M $20.52M $32.22M $40.49M $28.70M $24.75M $23.32M
YoY Change 122.5% -5.27% -36.33% -20.42% 41.08% 15.96% 6.13%
% of Gross Profit 296.18% 148.63% 208.71% 6419.88% 557.73% 1108.11% 356.63% 189.59%
Depreciation & Amortization $2.178M $3.647M $5.612M $3.130M $2.568M $1.540M $930.0K $650.0K
YoY Change -40.28% -35.01% 79.32% 21.88% 66.74% 65.59% 43.08%
% of Gross Profit 14.92% 27.89% 57.09% 623.53% 35.37% 59.46% 13.4% 5.28%
Operating Expenses $43.24M $51.85M $20.52M $32.22M $40.49M $37.46M $34.97M $28.16M
YoY Change -16.6% 152.7% -36.33% -20.42% 8.09% 7.12% 24.18%
Operating Profit -$73.38M -$38.77M -$33.80M -$59.09M -$46.82M -$34.87M -$28.03M -$15.86M
YoY Change 89.28% 14.71% -42.8% 26.2% 34.28% 24.4% 76.73%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $6.273M -$1.248M $815.0K $858.0K $1.374M -$18.41M -$1.130M -$70.00K
YoY Change -602.64% -253.12% -5.01% -37.54% -107.46% 1529.2% 1514.29%
% of Operating Profit
Other Income/Expense, Net -$5.118M -$2.245M -$781.6K -$673.6K -$759.9K
YoY Change 127.97% 187.23% 16.03% -11.35%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$78.50M -$41.02M -$34.58M -$59.76M -$47.58M -$53.14M -$29.15M -$15.93M
YoY Change 91.4% 18.61% -42.14% 25.6% -10.46% 82.3% 82.99%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$78.50M -$41.02M -$34.58M -$59.76M -$47.58M -$53.14M -$29.15M -$15.93M
YoY Change 91.39% 18.61% -42.14% 25.6% -10.46% 82.3% 82.99%
Net Earnings / Revenue -448.88% -257.39% -269.02% -8080.11% -589.48% -1960.89% -401.52% -120.5%
Basic Earnings Per Share -$1.21 -$0.67 -$0.70 -$1.76
Diluted Earnings Per Share -$1.21 -$0.67 -$0.70 -$1.76 -$2.57 -$3.415M -$1.845M -$1.008M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $83.68M $93.28M $57.49M $65.32M $55.80M $39.53M $3.420M $1.440M
YoY Change -10.3% 62.25% -11.98% 17.06% 41.16% 1055.85% 137.5%
Cash & Equivalents $83.68M $93.28M $57.49M
Short-Term Investments
Other Short-Term Assets $2.159M $1.511M $792.4K $750.0K $590.0K $220.0K $440.0K $470.0K
YoY Change 42.89% 90.69% 5.65% 27.12% 168.18% -50.0% -6.38%
Inventory
Prepaid Expenses
Receivables $4.061M $5.017M $2.990M $0.00 $270.0K $1.620M $1.150M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $90.00K
Total Short-Term Assets $89.90M $99.81M $61.28M $66.07M $56.39M $40.03M $5.480M $3.150M
YoY Change -9.93% 62.89% -7.26% 17.17% 40.87% 630.47% 73.97%
Property, Plant & Equipment $6.184M $6.252M $7.429M $9.450M $12.08M $8.130M $8.240M $4.350M
YoY Change -1.09% -15.85% -21.38% -21.77% 48.59% -1.33% 89.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.92M $15.51M $16.73M $14.57M $380.0K $1.260M $1.120M $990.0K
YoY Change -3.8% -7.32% 14.83% 3734.21% -69.84% 12.5% 13.13%
Total Long-Term Assets $28.43M $29.39M $32.45M $33.46M $12.45M $9.390M $9.360M $5.340M
YoY Change -3.25% -9.45% -3.01% 168.76% 32.59% 0.32% 75.28%
Total Assets $118.3M $129.2M $93.73M $99.53M $68.84M $49.42M $14.84M $8.490M
YoY Change
Accounts Payable $1.396M $2.197M $1.070M $3.730M $3.500M $3.240M $4.420M $2.410M
YoY Change -36.46% 105.33% -71.31% 6.57% 8.02% -26.7% 83.4%
Accrued Expenses $14.43M $6.422M $5.946M $5.310M $6.550M $3.970M $6.150M $2.910M
YoY Change 124.73% 8.01% 11.97% -18.93% 64.99% -35.45% 111.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.722M $181.0K $311.0K $920.0K $6.830M $770.0K $16.08M $3.220M
YoY Change 1403.87% -41.79% -66.2% -86.53% 787.01% -95.21% 399.38%
Total Short-Term Liabilities $18.55M $8.800M $7.327M $11.74M $16.87M $8.250M $30.52M $12.09M
YoY Change 110.8% 20.11% -37.59% -30.41% 104.48% -72.97% 152.44%
Long-Term Debt $43.48M $20.05M $10.76M $10.55M $11.35M $12.00M $7.410M $5.460M
YoY Change 116.87% 86.31% 2.01% -7.05% -5.42% 61.94% 35.71%
Other Long-Term Liabilities $9.007M $9.926M $10.38M $6.160M $5.670M $10.48M $10.60M $9.180M
YoY Change -9.26% -4.33% 68.43% 8.64% -45.9% -1.13% 15.47%
Total Long-Term Liabilities $52.49M $29.98M $21.14M $16.71M $17.02M $22.48M $18.01M $14.64M
YoY Change 75.1% 41.82% 26.49% -1.82% -24.29% 24.82% 23.02%
Total Liabilities $71.04M $38.78M $28.46M $28.45M $33.89M $30.73M $48.54M $26.73M
YoY Change 83.2% 36.23% 0.05% -16.05% 10.28% -36.69% 81.59%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 64.99M 60.96M 49.68M 33.89M
Diluted Shares Outstanding 64.99M 60.96M 49.68M 33.89M 18.48M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $815.48 Million

About Liquidia Corp

Liquidia Corp. operates as a holding company which through its subsidiary engages in developing and commercializing biopharmaceutical products. The company is headquartered in Morrisville, North Carolina and currently employs 136 full-time employees. The company went IPO on 2018-07-26. The firm is focused on the development, manufacture and commercialization of products that address unmet patient needs, with a focus directed towards rare cardiopulmonary diseases, such as pulmonaryarterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The firm operates through its wholly owned operating subsidiaries, Liquidia Technologies, Inc. and Liquidia PAH, LLC. Its proprietary PRINT technology is a particle engineering platform, which enable precise production of uniform drug particles. Its lead product candidate is YUTREPIA for the treatment of PAH and PH-ILD. YUTREPIA is an inhaled dry powder formulation of treprostinil designed with PRINT to improve the therapeutic profile of treprostinil by enhancing deep lung delivery while using a convenient, dry-powder inhaler (DPI) and by achieving higher dose levels than the labeled doses of current inhaled therapies.

Industry: Pharmaceutical Preparations Peers: Bakhu Holdings Corp CymaBay Therapeutics, Inc. Fulcrum Therapeutics Inc Ocular Therapeutix Inc Johnson & Johnson Phathom Pharmaceuticals Inc Provention Bio, Inc. Tarsus Pharmaceuticals Inc