LQDA: financial statements from SEC — TradeAlmanac

LQDA

Liquidia Corporation: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31 Mar 2026	30 Sept 2025	30 Jun 2025	31 Mar 2025	30 Sept 2024	30 Jun 2024
Revenue	133M	54M	9M	3M	4M	4M
Cost of revenue	—	—	—	2M	2M	1M
Research and development	13M	9M	6M	7M	12M	9M
Selling, general and administrative	47M	40M	39M	30M	20M	20M
Operating expenses	71M	53M	46M	39M	34M	31M
Operating income	62M	2M	−38M	−35M	−29M	−27M
Interest expense	—	—	—	—	3M	3M
Pre-tax income	57M	—	—	−38M	—	—
Income tax	4M	—	—	0	—	—
Net income	53M	−4M	−42M	−38M	−31M	−29M
Earnings per share	0.60	−0.04	−0.49	−0.45	−0.40	−0.38
Earnings per share, diluted	0.52	−0.04	−0.49	−0.45	−0.40	−0.38
Weighted average shares	88M	86M	86M	85M	78M	76M
Weighted average shares, diluted	101M	86M	86M	85M	78M	76M

Balance sheet

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	223M	191M	157M	173M	170M	176M	204M	133M
Receivables	74M	54M	36M

Cash flow

Metric	31 Mar 2026	31 Mar 2025
Operating cash flow	53M	−31M
Depreciation and amortisation	497,000	451,000
Share-based compensation	9M	7M
Capital expenditure	3M	330,000
Investing cash flow	−3M	−330,000
Financing cash flow	−18M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator