Vaxart, Inc. (VXRT) quarterly balance sheet — complete assets, liabilities & equity history
Vaxart, Inc. (VXRT) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 96.04M | 116.69M | 131.7M | 136.12M | 117.37M | 70.38M | 62.65M | 68.26M | 66.46M | 71.53M | 44.28M | 45.54M | 57.1M | 71.26M | 75.83M | 99.45M | 120.38M | 137.81M | 154.18M | 169.17M |
| Cash & Short-Term Investments | 65.54M | 63.98M | 61.02M | 63.81M | 28.79M | 26.27M | 41.94M | 51.72M | 58.71M | 62.59M | 36.66M | 39.71M | 53.04M | 67.91M | 71.81M | 93.72M | 114.77M | 129.55M | 147.66M | 166.49M |
| Cash Only | 35.12M | 50.93M | 50.75M | 53.81M | 16.88M | 20.11M | 28.7M | 25.23M | 22.04M | 43.28M | 26.73M | 34.76M | 33.24M | 43.28M | 48.43M | 44.01M | 50.77M | 91.47M | 123.4M | 143.75M |
| Short-Term Investments | 30.43M | 13.05M | 10.28M | 9.99M | 11.91M | 6.16M | 13.24M | 26.49M | 36.68M | 19.31M | 9.93M | 4.96M | 19.8M | 24.63M | 23.38M | 49.7M | 64M | 38.08M | 24.25M | 22.74M |
| Accounts Receivable | 30.5M | 46.99M | 57.57M | 51.34M | 85.94M | 41.06M | 16.12M | 11.97M | 3.68M | 4.78M | 2.29M | 3.01M | 424K | 29K | 264K | 20K | 0 | 0 | 81K | 71K |
| Days Sales Outstanding | 335.64 | 175.01 | 124.95 | 60.59 | 80.68 | 65.49 | 60.55 | 47.39 | 78.82 | 50.25 | 110.57 | 48.65 | 9.92 | 444.38 | 45.97 | 83.64 | - | - | 80.47 | 162.24 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 703K | 614K | 667K | 88K | 222K | 375K | 318K | 439K | 328K | 2.1M | 333K | 0 | 3.33M | 3.75M | 2M | 5.61M | 2 | 0 | 0 |
| Total Non-Current Assets | 28.4M | 48.49M | 48.35M | 49.96M | 91.62M | 93.71M | 95.91M | 98.13M | 100.22M | 42.21M | 44.39M | 46.29M | 48.54M | 51.39M | 54.02M | 54.4M | 54.93M | 43.64M | 46.2M | 52M |
| Property, Plant & Equipment | 21.62M | 15.73M | 15.47M | 16.86M | 23.16M | 25.06M | 27.08M | 29.11M | 31.01M | 32.93M | 34.85M | 36.57M | 38.68M | 40.72M | 42.22M | 41.3M | 38.89M | 21.77M | 20.5M | 19.77M |
| Fixed Asset Turnover | 0.57x | 1.74x | 2.43x | 5.21x | 3.00x | 1.52x | 0.74x | 0.51x | 0.15x | 0.19x | 0.06x | 0.09x | 0.05x | 0.00x | 0.01x | 0.00x | - | - | 0.00x | 0.00x |
| Goodwill | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M | 4.51M |
| Intangible Assets | 2.28M | 2.46M | 2.64M | 2.83M | 3.01M | 3.19M | 3.38M | 3.56M | 3.74M | 3.92M | 4.11M | 4.29M | 4.47M | 4.65M | 4.84M | 5.02M | 9.61M | 9.95M | 10.29M | 10.62M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.94M | 9.35M | 16.21M |
| Other Non-Current Assets | 0 | 25.79M | 25.73M | 25.76M | 60.94M | 60.94M | 60.95M | 60.95M | 60.96M | 851K | 917K | 926K | 883K | 1.51M | 2.46M | 3.57M | 1.92M | 5.48M | 1.56M | 890K |
| Total Assets | 148.18M | 165.19M | 180.06M | 186.08M | 208.99M | 164.09M | 158.56M | 166.39M | 166.67M | 113.75M | 88.67M | 91.83M | 105.64M | 122.65M | 129.85M | 153.85M | 175.31M | 181.45M | 200.38M | 221.17M |
| Asset Turnover | 0.07x | 0.16x | 0.21x | 0.53x | 0.39x | 0.25x | 0.13x | 0.09x | 0.04x | 0.06x | 0.02x | 0.03x | 0.02x | 0.00x | 0.00x | 0.00x | - | - | 0.00x | 0.00x |
| Asset Growth % | -29.1% | 0.67% | 13.56% | 11.83% | 25.39% | 44.25% | 78.82% | 81.19% | 57.77% | -7.26% | -31.71% | -40.31% | -39.74% | -32.41% | -35.2% | -30.44% | -27.3% | -20.71% | -2.67% | 44.95% |
| Total Current Liabilities | 73.93M | 73.11M | 76.84M | 86.75M | 169.3M | 117.88M | 98.5M | 90.88M | 80.36M | 15.76M | 14.12M | 13.72M | 11.27M | 13.88M | 15.68M | 17.92M | 21.74M | 15.93M | 11.04M | 10.78M |
| Accounts Payable | 29.77M | 16.97M | 24.18M | 21.5M | 53.08M | 10.61M | 16.62M | 6.96M | 2.52M | 3.59M | 3.98M | 1.58M | 1.34M | 4.2M | 3.88M | 5.51M | 7.92M | 5.01M | 4.02M | 3.87M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | 112.05 | 212.29 | - | - | - | 718.81 | 523.71 | - | - |
| Short-Term Debt | 2.63M | 0 | 0 | 0 | 0 | 0 | 0 | 4.06M | 2.75M | 2.69M | 2.36M | 3.8M | 1.34M | 0 | 0 | 95K | 3.48M | 1.37M | 836K | 836K |
| Deferred Revenue (Current) | 57K | 7.78M | 11.74M | 13.02M | 64.83M | 65.38M | 65.35M | 65.4M | 65.45M | 0 | 0 | 0 | 79K | 275K | 1.6M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 71.24M | 5.38M | 4.12M | 5.63M | 6.38M | 6.87M | 6.04M | 0 | 2.25M | 2.91M | 1.78M | 1.06M | 0 | 2.83M | 5.83M | 2M | 6.54M | 0 | 0 | 1 |
| Current Ratio | 1.30x | 1.60x | 1.71x | 1.57x | 0.69x | 0.60x | 0.64x | 0.75x | 0.83x | 4.54x | 3.14x | 3.32x | 5.07x | 5.13x | 4.84x | 5.55x | 5.54x | 8.65x | 13.97x | 15.69x |
| Quick Ratio | 1.30x | 1.60x | 1.71x | 1.57x | 0.69x | 0.60x | 0.64x | 0.75x | 0.83x | 4.54x | 3.14x | 3.32x | 5.07x | 5.13x | 4.84x | 5.55x | 5.54x | 8.65x | 13.97x | 15.69x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 7.95M | 9.71M | 9.1M | 11.53M | 12.93M | 13.33M | 14.44M | 16.59M | 17.87M | 17.98M | 18.86M | 20.3M | 22.85M | 23.7M | 24.41M | 25.33M | 31.26M | 22.43M | 22.98M | 22.85M |
| Long-Term Debt | 4.59M | 0 | 0 | 0 | 0 | 0 | 0 | 1.7M | 2.13M | 1.59M | 1.86M | 2.62M | 4.63M | 0 | 0 | 5.62M | 11.03M | 10.66M | 10.96M | 10.69M |
| Capital Lease Obligations | 0 | 5.27M | 5.44M | 6.01M | 11.66M | 12.63M | 13.57M | 14.45M | 15.32M | 15.98M | 16.69M | 17.39M | 17.94M | 18.57M | 19.17M | 19.48M | 20.02M | 11.57M | 11.84M | 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 | 3.37M | 2.92M | 3.21M | 3.5M | 1.27M | 702K | 867K | 439K | 421K | 405K | 309K | 293K | 278K | 5.13M | 5.24M | 231K | 216K | 201K | 186K | 171K |
| Total Liabilities | 81.89M | 82.81M | 85.94M | 98.28M | 182.23M | 131.21M | 112.94M | 107.46M | 98.23M | 33.73M | 32.98M | 34.02M | 34.12M | 37.58M | 40.1M | 43.25M | 53M | 38.36M | 34.01M | 33.64M |
| Total Debt | 7.22M | 7.81M | 7.97M | 8.98M | 15.44M | 16.11M | 16.83M | 23.28M | 23.08M | 23.13M | 23.71M | 26.51M | 26.43M | 21M | 21.52M | 27.42M | 34.53M | 24.71M | 24.71M | 24.53M |
| Net Debt | -27.89M | -43.12M | -42.78M | -44.83M | -1.44M | -4M | -11.87M | -1.95M | 1.04M | -20.15M | -3.02M | -8.24M | -6.8M | -22.28M | -26.92M | -16.59M | -16.24M | -66.76M | -98.7M | -119.22M |
| Debt / Equity | 0.11x | 0.09x | 0.08x | 0.10x | 0.58x | 0.49x | 0.37x | 0.40x | 0.34x | 0.29x | 0.43x | 0.46x | 0.37x | 0.25x | 0.24x | 0.25x | 0.28x | 0.17x | 0.15x | 0.13x |
| Debt / EBITDA | - | - | 1.26x | 0.16x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | -6.79x | -0.78x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -24.03x | 11.31x | 102.45x | -12.36x | -21.27x | -14.54x | -11.78x | -21.29x | -25.96x | -29.31x | -18.68x | -82.87x | -118.85x | -140.07x | -74.40x | -89.13x | -90.07x | -72.77x | -59.48x |
| Total Equity | 66.29M | 82.37M | 94.12M | 87.8M | 26.76M | 32.88M | 45.62M | 58.92M | 68.44M | 80.01M | 55.69M | 57.8M | 71.52M | 85.07M | 89.75M | 110.6M | 122.31M | 143.09M | 166.37M | 187.53M |
| Equity Growth % | 147.77% | 150.54% | 106.32% | 49% | -60.91% | -58.91% | -18.09% | 1.94% | -4.3% | -5.95% | -37.95% | -47.73% | -41.52% | -40.55% | -46.05% | -41.02% | -40.32% | -28.37% | -5.6% | 51.97% |
| Book Value per Share | 0.27 | 0.34 | 0.39 | 0.38 | 0.12 | 0.14 | 0.20 | 0.26 | 0.39 | 0.45 | 0.31 | 0.12 | 0.15 | 0.17 | 0.18 | 0.23 | 0.96 | 1.13 | 0.34 | 0.38 |
| Total Shareholders' Equity | 66.29M | 82.37M | 94.12M | 87.8M | 26.76M | 32.88M | 45.62M | 58.92M | 68.44M | 80.01M | 55.69M | 57.8M | 71.52M | 85.07M | 89.75M | 110.6M | 122.31M | 143.09M | 166.37M | 187.53M |
| Common Stock | 24K | 24K | 24K | 24K | 23K | 23K | 23K | 23K | 23K | 23K | 18K | 15K | 15K | 15K | 14K | 13K | 13K | 13K | 13K | 13K |
| Retained Earnings | -486.2M | -468.51M | -455.02M | -460.19M | -515.24M | -507.1M | -492.11M | -476.52M | -464.54M | -450.46M | -433.99M | -409.57M | -392.2M | -374.8M | -352.25M | -327.11M | -303.19M | -273.88M | -244.45M | -219.35M |
| Treasury Stock | 0 | -90K | -497K | -159K | -371K | -367K | -517K | -350K | -574K | -565K | -548K | -366K | -39K | -31K | -10K | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -8K | -11K | -7K | -3K | -2K | -7K | -7K | 4K | 27K | -16K | -10K | -1K | -11K | -24K | -70K | -299K | -518K | -409K | -309K | -74K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |