Talphera, Inc. (TLPH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | 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 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 21.34M | 20.9M | 21.92M | 7.7M | 6.18M | 9.42M | 12.2M | 16.04M | 19.95M | 11.56M | 14.42M | 8.84M | 17.35M | 24.57M | 24.54M | 32M | 42.81M | 50.49M | 51.75M | 58.97M |
| Cash & Short-Term Investments | 21.11M | 20.38M | 21.29M | 6.79M | 5.39M | 8.86M | 11.12M | 14.02M | 18.58M | 9.38M | 13.39M | 7.41M | 13.35M | 15.77M | 15.93M | 22.92M | 39.35M | 46.63M | 48.7M | 55.33M |
| Cash Only | 3.82M | 5.89M | 3.46M | 6.79M | 5.39M | 8.86M | 11.12M | 13.42M | 12.12M | 5.72M | 13.39M | 7.41M | 13.35M | 15.28M | 12.73M | 15.16M | 21.82M | 7.66M | 13.27M | 26.33M |
| Short-Term Investments | 17.29M | 14.49M | 17.83M | 0 | 0 | 0 | 0 | 600K | 6.46M | 3.66M | 0 | 0 | 0 | 495K | 3.19M | 7.76M | 17.53M | 38.97M | 35.43M | 29M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11K | 0 | 0 | 309K | 512K | 364K | 184K | 160K | 153K | 104K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | 8.65 | - | - | 149.87 | - | 43.74 | - | 7.2K | 6.35 | 78.26 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5K | 0 | 0 | 1.18M | 874K | 901K | 1.04M | 1.11M | 1.56M | 1.36M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | 0.39 | - | - | 260.75 | 192.57 | 101.08 | 2.37K | 99.42 | 197.32 | 121.71 |
| Other Current Assets | 228K | 519K | 634K | 905K | 788K | 0 | 0 | 0 | 0 | -20K | 0 | 1.43M | 4M | 2.31M | 5M | 5M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.84M | 8.84M | 8.89M | 8.94M | 22.92M | 23.77M | 24.14M | 29.16M | 27.4M | 20.51M | 20.62M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49K | 13.86M | 14.7M | 15.06M | 20.08M | 20.23M | 20.23M | 20.55M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02x | - | 0.03x | - | 0.00x | 0.09x | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 8.82M | 8.82M | 0 | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 8.82M | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.82M | 8.82M | 8.82M | 0 | 0 | 8.82M | 0 | 0 | 0 | 20K | 20K | 70K | 70K | 246K | 251K | 257K | 261K | 7.17M | 281K | 70K |
| Total Assets | 30.16M | 29.72M | 30.74M | 16.52M | 14.99M | 18.24M | 21.01M | 24.86M | 28.77M | 20.39M | 23.26M | 17.73M | 26.29M | 47.49M | 48.31M | 56.13M | 71.97M | 77.89M | 72.26M | 79.59M |
| Asset Turnover | - | - | 0.00x | - | 0.00x | - | - | - | - | 0.01x | 0.01x | 0.01x | - | 0.01x | - | 0.01x | - | 0.00x | 0.02x | 0.01x |
| Asset Growth % | 101.1% | 62.97% | 46.29% | -33.56% | -47.88% | -10.59% | -9.66% | 40.23% | 9.43% | -57.05% | -51.85% | -68.42% | -63.47% | -39.04% | -33.15% | -29.47% | -17.6% | 17.49% | 9.19% | 18.08% |
| Total Current Liabilities | 4.03M | 3.81M | 3.21M | 2.63M | 1.99M | 2.65M | 2.76M | 3.27M | 3.34M | 4.51M | 3.57M | 4.22M | 9.46M | 13.77M | 15.65M | 17.69M | 17.03M | 18.51M | 17.07M | 15.19M |
| Accounts Payable | 927K | 544K | 526K | 835K | 326K | 670K | 396K | 808K | 1.27M | 1.34M | 1.03M | 1.21M | 1.4M | 1.26M | 2M | 2.4M | 2.71M | 2.12M | 2.23M | 1.94M |
| Days Payables Outstanding | - | - | - | - | 38.34 | 37.06 | 26.98 | 49.62 | 82.87 | 61.42 | 87.39 | 76.52 | 114.07 | 414.13 | 477.68 | 265.68 | 5.31K | 162.12 | 281.81 | 226.45 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.32M | 5.36M | 7.89M | 9.89M | 8.81M | 8.8M | 8.78M | 8.76M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115K | 0 | 0 | 0 | 86K | 0 | 0 |
| Other Current Liabilities | 3.1M | 3.27M | 2.69M | 650K | 650K | 723K | 723K | 723K | 730K | 731K | 756K | 1.16M | 3.28M | 2.8M | 0 | 0 | 0 | 2.97M | 0 | 0 |
| Current Ratio | 5.30x | 5.49x | 6.83x | 2.93x | 3.11x | 3.56x | 4.42x | 4.90x | 5.97x | 2.56x | 4.04x | 2.09x | 1.83x | 1.78x | 1.57x | 1.81x | 2.51x | 2.73x | 3.03x | 3.88x |
| Quick Ratio | 5.30x | 5.49x | 6.83x | 2.93x | 3.11x | 3.56x | 4.42x | 4.90x | 5.97x | 2.56x | 4.03x | 2.09x | 1.83x | 1.70x | 1.51x | 1.76x | 2.45x | 2.67x | 2.94x | 3.79x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | -78.35 | - | - | -3.51 | - | -120.86 | - | 7.14K | -78.15 | -26.47 |
| Total Non-Current Liabilities | 7.65M | 8.88M | 8.35M | 7.26M | 7.41M | 7.59M | 8.61M | 8.85M | 9.09M | 1.78M | 1.38M | 3.09M | 2.59M | 11.9M | 5.12M | 5.3M | 93.21M | 95.28M | 98.21M | 100.39M |
| Long-Term Debt | 0 | 6.5M | 6.5M | 0 | 0 | 6.53M | 6.53M | 6.53M | 6.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.04M | 5.01M | 6.95M | 96.14M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.96M | 3.23M | 3.36M | 3.58M | 3.75M | 3.94M | 4.12M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.65M | 2.38M | 1.85M | 7.26M | 7.41M | 1.06M | 2.08M | 2.33M | 2.78M | 1.78M | 1.38M | 3.09M | 2.59M | 7.91M | 827K | 849K | 85.47M | 85.37M | 86.09M | 128K |
| Total Liabilities | 11.68M | 12.68M | 11.56M | 9.89M | 9.4M | 10.24M | 11.37M | 12.13M | 12.44M | 6.29M | 4.95M | 7.31M | 12.05M | 25.67M | 20.77M | 22.99M | 110.24M | 113.79M | 115.28M | 115.58M |
| Total Debt | 0 | 6.5M | 6.5M | 0 | 0 | 6.53M | 6.53M | 6.53M | 6.31M | 0 | 0 | 0 | 3.37M | 10.02M | 12.47M | 14.39M | 16.62M | 18.62M | 20.4M | 109.53M |
| Net Debt | -3.82M | 605K | 3.04M | -6.79M | -5.39M | -2.34M | -4.59M | -6.9M | -5.81M | -5.72M | -13.39M | -7.41M | -9.98M | -5.25M | -258K | -777K | -5.21M | 10.96M | 7.13M | 83.2M |
| Debt / Equity | - | 0.38x | 0.34x | - | - | 0.82x | 0.68x | 0.51x | 0.39x | - | - | - | 0.24x | 0.46x | 0.45x | 0.43x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | -20.05x | -23.41x | - | - | -264.60x | -44.77x | -38.60x | -17.89x | - | - | -15.95x | -14.57x | -14.63x |
| Total Equity | 18.48M | 17.04M | 19.18M | 6.63M | 5.6M | 8M | 9.64M | 12.73M | 16.33M | 14.11M | 18.31M | 10.42M | 14.24M | 21.81M | 27.54M | 33.14M | -38.27M | -35.89M | -43.02M | -35.99M |
| Equity Growth % | 230.02% | 112.91% | 98.91% | -47.94% | -65.72% | -43.28% | -47.34% | 22.18% | 14.69% | -35.34% | -33.53% | -68.56% | 137.21% | 160.78% | 164.02% | 192.09% | -40.13% | 35.62% | 25.64% | 40.15% |
| Book Value per Share | 0.44 | 0.40 | 0.46 | 0.19 | 0.21 | 0.30 | 0.37 | 0.49 | 0.66 | 0.77 | 1.09 | 0.95 | 1.31 | 2.92 | 3.73 | 4.50 | -5.26 | -5.62 | -7.22 | -6.04 |
| Total Shareholders' Equity | 18.48M | 17.04M | 19.18M | 6.63M | 5.6M | 8M | 9.64M | 12.73M | 16.33M | 14.11M | 18.31M | 10.42M | 14.24M | 21.81M | 27.54M | 33.14M | -38.27M | -35.89M | -43.02M | -35.99M |
| Common Stock | 50K | 49K | 46K | 20K | 17K | 17K | 17K | 17K | 17K | 17K | 17K | 11K | 11K | 8K | 7K | 147K | 147K | 7K | 119K | 119K |
| Retained Earnings | -474.08M | -471.52M | -467.75M | -463.31M | -459.82M | -457.23M | -455.36M | -452.01M | -448.18M | -444.23M | -439.71M | -438.35M | -433.98M | -425.83M | -418.35M | -411.6M | -482.26M | -473.58M | -465.67M | -457.29M |
| Treasury Stock | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |