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$AVTX
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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 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
Assets
Current assets:
Cash and cash equivalents
Other receivables
Inventory, net
Short-term investments
Prepaid expenses and other current assets
Restricted cash, current portion
Total current assets
Long-term investments
Property and equipment, net
Goodwill
Restricted cash, net of current portion
Total assets
Liabilities, mezzanine equity and stockholders’ equity
Current liabilities:
Accounts payable
Deferred revenue
Accrued expenses and other current liabilities
Notes payable, current
Warrant liability
Contingent consideration
Derivative liability, current
Total current liabilities
Notes payable, non-current
Royalty obligation
Deferred tax liability, net
Derivative liability, non-current
Other long-term liabilities
Total liabilities
Temporary equity, values issued
Series D Preferred Stock
Series E Preferred Stock
Series C preferred stock
Total temporary equity, values issued
Stockholders’ equity:
Common stock—$0.001 par value; 200,000,000 shares authorized at June 30, 2026 and December 31, 2025; 52,900,692 and 18,512,757 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Series C Preferred Stock—$0.001 par value; 4,085 and 34,326 shares of Series C Preferred Stock authorized at June 30, 2026 and December 31, 2025, respectively; 4,085 and 18,792 shares of Series C Preferred Stock issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Series C preferred stock
Series C-1 preferred Stock
Additional paid-in capital
Accumulated other comprehensive (loss) income
Accumulated deficit
Total stockholders’ equity
Total liabilities, mezzanine equity and stockholders’ equity

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