Lipella Pharmaceuticals Inc. (LIPO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q1'21 |
|---|
| Total Current Assets | 2.08M | 3.44M | 4.82M | 2.62M | 2.08M | 2.08M | 3.01M | 3.43M | 2.67M | 3.37M | 4.48M | 5.8M | 709.15K | 872.53K | 1.33M | 1.81M | 0 |
| Cash & Short-Term Investments | 1.86M | 2.78M | 4.23M | 2.18M | 1.35M | 1.19M | 2.11M | 3.29M | 2.41M | 3.11M | 4.02M | 5.12M | 114.77K | 434.98K | 1.01M | 1.71M | 0 |
| Cash Only | 1.86M | 2.78M | 4.23M | 2.18M | 1.35M | 1.19M | 2.11M | 3.29M | 2.41M | 3.11M | 4.02M | 5.12M | 114.77K | 434.98K | 414.4K | 1.41M | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600.54K | 300.55K | 0 |
| Accounts Receivable | 0 | 41.98K | 85.63K | 84.71K | 31.08K | 35.33K | 68.93K | 32.29K | 53.14K | 28.04K | 83.97K | 113.66K | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | 30.67 | - | - | - | 8.74 | 35.89 | - | - | 69.24 | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 270.52K | 282.96K | 32.71K | 56.62K | 80.14K | 103.28K | 126.07K | 147.89K | 169.88K | 122.55K | 136.79K | 150.82K | 164.63K | 178.23K | 187.22K | 204.8K | 0 |
| Property, Plant & Equipment | 270.52K | 282.96K | 32.71K | 56.62K | 80.14K | 103.28K | 126.07K | 147.89K | 169.88K | 122.55K | 136.79K | 150.82K | 164.63K | 178.23K | 187.22K | 204.8K | 0 |
| Fixed Asset Turnover | - | - | - | 2.54x | - | - | - | 2.83x | 0.71x | - | - | 0.96x | - | - | 0.17x | 0.13x | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 2.35M | 3.72M | 4.86M | 2.67M | 2.16M | 2.18M | 3.14M | 3.58M | 2.84M | 3.49M | 4.61M | 5.95M | 873.78K | 1.05M | 1.52M | 2.01M | 0 |
| Asset Turnover | - | - | - | 0.07x | - | - | - | 0.14x | 0.03x | - | - | 0.04x | - | - | 0.02x | 0.01x | - |
| Asset Growth % | 8.78% | 70.33% | 54.79% | -25.25% | -23.97% | -37.41% | -32.02% | -39.88% | 225.13% | 232.1% | 204.24% | 195.6% | - | - | - | - | - |
| Total Current Liabilities | 642.4K | 746.9K | 776.85K | 754.42K | 701.19K | 480.31K | 551.88K | 385.36K | 548.73K | 298.8K | 717.45K | 1.18M | 741.65K | 447.69K | 346.31K | 340.63K | 0 |
| Accounts Payable | 462.89K | 608.11K | 392.12K | 388.19K | 459.45K | 178.36K | 293.83K | 138.02K | 303.05K | 22.06K | 148.92K | 384.36K | 352.36K | 55.48K | 56.46K | 46.9K | 0 |
| Days Payables Outstanding | 68.33 | 57.49 | 35.34 | 36.7 | 28.03 | 32.48 | 23.32 | 44.67 | 17.95 | 7.36 | 34.59 | 70.88 | 28.82 | 6.86 | 6.88 | 45.85 | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250K | 275K | 25K | 25K | 25K | 25K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 3.24x | 4.60x | 6.21x | 3.47x | 2.97x | 4.33x | 5.46x | 8.90x | 4.87x | 11.27x | 6.24x | 4.92x | 0.96x | 1.95x | 3.84x | 5.31x | - |
| Quick Ratio | 3.24x | 4.60x | 6.21x | 3.47x | 2.97x | 4.33x | 5.46x | 8.90x | 4.87x | 11.27x | 6.24x | 4.92x | 0.96x | 1.95x | 3.84x | 5.31x | - |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 219.82K | 231.64K | 0 | 0 | 0 | 0 | 24K | 47.37K | 70.48K | 65.39K | 80.94K | 96.26K | 194.96K | 250.88K | 249.79K | 248.71K | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50K | 50K | 50K | 50K | 0 |
| Capital Lease Obligations | 219.82K | 231.64K | 0 | 0 | 0 | 0 | 24K | 47.37K | 70.48K | 65.39K | 80.94K | 96.26K | 111.33K | 168.36K | 168.36K | 168.36K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.62K | 32.52K | 31.43K | 30.35K | 0 |
| Total Liabilities | 862.22K | 978.53K | 776.85K | 754.42K | 701.19K | 480.31K | 575.88K | 432.73K | 619.21K | 364.19K | 798.39K | 1.27M | 936.61K | 698.57K | 596.1K | 589.34K | 0 |
| Total Debt | 264.08K | 274.54K | 24K | 47.6K | 70.83K | 93.68K | 115.7K | 136.59K | 157.76K | 126.18K | 390.46K | 429.52K | 243.36K | 256.99K | 265.78K | 282.96K | 0 |
| Net Debt | -1.59M | -2.51M | -4.2M | -2.14M | -1.28M | -1.09M | -1.99M | -3.16M | -2.25M | -2.99M | -3.63M | -4.69M | 128.59K | -177.99K | -148.62K | -1.13M | 0 |
| Debt / Equity | 0.18x | 0.10x | 0.01x | 0.02x | 0.05x | 0.05x | 0.05x | 0.04x | 0.07x | 0.04x | 0.10x | 0.09x | - | 0.73x | 0.29x | 0.20x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -281.12x | -196.97x | -76.37x | -430.56x | -477.01x | -455.09x | -223.44x | -360.53x |
| Total Equity | 1.49M | 2.74M | 4.08M | 1.92M | 1.46M | 1.7M | 2.56M | 3.14M | 2.22M | 3.13M | 3.82M | 4.68M | -62.82K | 352.19K | 920.75K | 1.42M | 0 |
| Equity Growth % | 1.97% | 60.92% | 59.26% | -38.96% | -34.33% | -45.48% | -32.89% | -32.75% | 3636.66% | 787.4% | 314.49% | 228.45% | - | - | - | - | - |
| Book Value per Share | 0.33 | 0.64 | 3.89 | 1.83 | 1.30 | 1.79 | 2.81 | 3.72 | 3.09 | 4.35 | 5.32 | 8.50 | -0.12 | 0.73 | 1.91 | 2.94 | - |
| Total Shareholders' Equity | 1.49M | 2.74M | 4.08M | 1.92M | 1.46M | 1.7M | 2.56M | 3.14M | 2.22M | 3.13M | 3.82M | 4.68M | -62.82K | 352.19K | 920.75K | 1.42M | 0 |
| Common Stock | 462 | 446 | 254 | 121 | 109 | 761 | 704 | 605 | 580 | 574 | 574 | 574 | 1.05K | 967 | 967 | 387 | 0 |
| Retained Earnings | -19.23M | -17.97M | -16.65M | -15.34M | -13.9M | -12.45M | -11.52M | -10.32M | -9.63M | -8.31M | -6.77M | -5.7M | -5.34M | -4.63M | -3.85M | -3.11M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |