Eton Pharmaceuticals, Inc. (ETON) 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 | 53.24M | 60.58M | 72M | 68.44M | 49.96M | 41.02M | 29.75M | 25.43M | 24.26M | 26.84M | 27.16M | 26.33M | 19.12M | 20M | 16.42M | 19.78M | 18.75M | 23.6M | 25.86M | 29.07M |
| Cash & Short-Term Investments | 19.66M | 25.94M | 37.12M | 25.38M | 17.42M | 14.94M | 20.26M | 17.69M | 16.66M | 21.39M | 22.07M | 21.57M | 14.71M | 16.3M | 13.38M | 17.05M | 15.23M | 14.41M | 22.71M | 25.8M |
| Cash Only | 19.66M | 25.94M | 37.12M | 25.38M | 17.42M | 14.94M | 20.26M | 17.69M | 16.66M | 21.39M | 22.07M | 21.57M | 14.71M | 16.3M | 13.38M | 17.05M | 15.23M | 14.41M | 22.71M | 25.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 13.41M | 11.76M | 13.08M | 14.45M | 16.4M | 5.36M | 5.59M | 4.87M | 4.24M | 3.41M | 3.5M | 3.08M | 2.87M | 1.85M | 1.5M | 834K | 796K | 5.47M | 385K | 303K |
| Days Sales Outstanding | 46.67 | 53.69 | 56.4 | 74.17 | 56.66 | 43.26 | 46.62 | 45.7 | 43.7 | 43.44 | 43.06 | 22.6 | 40.1 | 18.13 | 33.32 | 10.08 | 129.6 | 44.21 | 40.84 | 8.95 |
| Inventory | 14.47M | 15.42M | 16.86M | 23.79M | 13.62M | 15.23M | 1.94M | 2.07M | 2.32M | 911K | 1.05M | 816K | 437K | 557K | 481K | 531K | 510K | 550K | 334K | 1.24M |
| Days Inventory Outstanding | 141.1 | 181.47 | 128.03 | 243.04 | 174.96 | 152.74 | 45.82 | 57.88 | 49.65 | 24.5 | 32.72 | 24.63 | 22.84 | 22.33 | 38.76 | 17.26 | 66.43 | 145.23 | 117.5 | 866.51 |
| Other Current Assets | 5.71M | 7.46M | 4.94M | 4.82M | 2.52M | 5.49M | 1.96M | 799K | 0 | 1.13M | 541K | 867K | 1.1M | 1.29M | 1.06M | 1.36M | 0 | 3.18M | 2.44M | 1.73M |
| Total Non-Current Assets | 44.47M | 31.53M | 32.51M | 33.23M | 34.07M | 35.1M | 6.09M | 6.39M | 6.53M | 4.9M | 4.37M | 4.6M | 4.81M | 5.03M | 5.1M | 3.27M | 4.45M | 3.86M | 743K | 831K |
| Property, Plant & Equipment | 673K | 636K | 613K | 342K | 180K | 209K | 226K | 255K | 131K | 150K | 147K | 195K | 225K | 260K | 115K | 150K | 193K | 219K | 257K | 299K |
| Fixed Asset Turnover | 37.08x | 34.08x | 47.03x | 72.52x | 88.85x | 53.55x | 42.93x | 47.02x | 56.70x | 49.25x | 41.10x | 57.13x | 21.87x | 45.32x | 24.29x | 42.90x | 10.56x | 25.60x | 2.79x | 9.61x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 43.74M | 30.88M | 31.88M | 32.88M | 33.88M | 34.88M | 5.85M | 6.12M | 6.39M | 4.74M | 4.21M | 4.39M | 4.57M | 4.75M | 4.97M | 3.11M | 4.24M | 3.62M | 463K | 500K |
| 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 | 54K | 19K | 19K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 21K | 23K | 32K |
| Total Assets | 97.71M | 92.11M | 104.51M | 101.68M | 84.03M | 76.12M | 35.84M | 31.82M | 30.79M | 31.74M | 31.53M | 30.93M | 23.93M | 25.03M | 21.52M | 23.05M | 23.2M | 27.46M | 26.61M | 29.91M |
| Asset Turnover | 0.26x | 0.22x | 0.22x | 0.20x | 0.22x | 0.21x | 0.31x | 0.29x | 0.25x | 0.23x | 0.23x | 0.44x | 0.22x | 0.37x | 0.14x | 0.32x | 0.09x | 0.23x | 0.03x | 0.10x |
| Asset Growth % | 16.28% | 21.01% | 191.59% | 219.5% | 172.88% | 139.83% | 13.69% | 2.88% | 28.69% | 26.81% | 46.5% | 34.22% | 3.16% | -8.87% | -19.12% | -22.94% | -25.62% | 4.35% | 133.49% | 105.41% |
| Total Current Liabilities | 44.18M | 38.49M | 44.18M | 38.6M | 25.35M | 19.95M | 19.73M | 18.22M | 15.3M | 16.24M | 10.39M | 9.59M | 7.49M | 6.46M | 4.66M | 3.81M | 3.48M | 4.56M | 5.36M | 3.11M |
| Accounts Payable | 13.48M | 10.98M | 14.26M | 12.14M | 4.87M | 4.17M | 2.68M | 2.13M | 2.26M | 1.85M | 1.71M | 2.3M | 1.23M | 1.77M | 1.05M | 1.3M | 2.13M | 1.77M | 3.27M | 1.52M |
| Days Payables Outstanding | 115.49 | 141.89 | 83.16 | 110.53 | 54.81 | 60.94 | 55.09 | 58.01 | 63.21 | 44.46 | 70.31 | 69.44 | 68.92 | 60.67 | 90.12 | 56.85 | 244.74 | 829.15 | 357.49 | 1.1K |
| Short-Term Debt | 11.81M | 8.79M | 2.78M | 2.77M | 0 | 0 | 4.2M | 4.66M | 5.02M | 5.38M | 1.54M | 1.54M | 1.34M | 1.03M | 708K | 364K | 0 | 1.42M | 1.09M | 749K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 330K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 18.89M | 18.73M | 27.15M | 23.32M | 0 | 15.74M | 0 | 0 | -87K | -53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.21x | 1.57x | 1.63x | 1.77x | 1.97x | 2.06x | 1.51x | 1.40x | 1.59x | 1.65x | 2.61x | 2.75x | 2.55x | 3.10x | 3.52x | 5.19x | 5.39x | 5.18x | 4.83x | 9.36x |
| Quick Ratio | 0.88x | 1.17x | 1.25x | 1.16x | 1.43x | 1.29x | 1.41x | 1.28x | 1.43x | 1.60x | 2.51x | 2.66x | 2.49x | 3.01x | 3.42x | 5.05x | 5.24x | 5.06x | 4.76x | 8.96x |
| Cash Conversion Cycle | 72.28 | 93.27 | 101.27 | 206.68 | 176.81 | 135.05 | 37.35 | 45.56 | 30.14 | 23.48 | 5.47 | -22.22 | -5.98 | -20.21 | -18.04 | -29.52 | -48.71 | -639.71 | -199.15 | -222.9 |
| Total Non-Current Liabilities | 22.92M | 27.47M | 37.2M | 39.12M | 34.23M | 31.75M | 126K | 145K | 0 | 22K | 4.24M | 4.62M | 5.19M | 5.49M | 5.68M | 5.99M | 6.33M | 5.28M | 5.59M | 6.06M |
| Long-Term Debt | 440K | 460K | 480K | 27.41M | 29.99M | 29.81M | 0 | 0 | 0 | 0 | 4.2M | 4.55M | 5.11M | 5.38M | 5.68M | 5.99M | 6.33M | 5.26M | 5.55M | 6.01M |
| Capital Lease Obligations | 0 | 0 | 0 | 492K | 87K | 107K | 126K | 145K | 0 | 22K | 44K | 66K | 86K | 107K | 0 | 0 | 0 | 15K | 36K | 58K |
| 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 | 22.48M | 27.01M | 36.72M | 11.22M | 4.15M | 1.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 67.09M | 65.96M | 81.38M | 77.72M | 59.58M | 51.7M | 19.86M | 18.36M | 15.3M | 16.26M | 14.63M | 14.21M | 12.69M | 11.95M | 10.34M | 9.8M | 9.81M | 9.84M | 10.95M | 9.17M |
| Total Debt | 12.25M | 9.25M | 3.26M | 30.67M | 30.08M | 29.92M | 4.33M | 4.88M | 5.11M | 5.46M | 5.78M | 6.16M | 6.53M | 6.52M | 6.39M | 6.36M | 6.33M | 6.7M | 6.68M | 6.81M |
| Net Debt | -7.41M | -16.69M | -33.87M | 5.31M | 12.66M | 14.98M | -15.94M | -12.82M | -11.55M | -15.93M | -16.29M | -15.41M | -8.18M | -9.78M | -6.99M | -10.69M | -8.9M | -7.71M | -16.03M | -18.99M |
| Debt / Equity | 0.40x | 0.35x | 0.14x | 1.28x | 1.23x | 1.22x | 0.27x | 0.36x | 0.33x | 0.35x | 0.34x | 0.37x | 0.58x | 0.50x | 0.57x | 0.48x | 0.47x | 0.38x | 0.43x | 0.33x |
| Debt / EBITDA | 5.07x | 2.66x | - | - | 55.39x | 30.40x | 5.50x | - | - | - | - | 1.52x | - | 4.96x | - | - | - | 4.61x | - | - |
| Net Debt / EBITDA | -3.07x | -4.80x | - | - | 23.31x | 15.23x | -20.25x | - | - | - | - | -3.80x | - | -7.44x | - | - | - | -5.31x | - | - |
| Interest Coverage | 2.87x | 2.05x | -0.61x | -1.23x | -0.40x | - | 63.63x | -56.44x | -72.73x | -7.74x | -17.68x | 37.77x | -20.11x | 4.15x | -19.30x | -6.15x | -20.93x | 4.78x | -23.67x | -7.51x |
| Total Equity | 30.61M | 26.15M | 23.13M | 23.96M | 24.45M | 24.43M | 15.98M | 13.46M | 15.49M | 15.48M | 16.89M | 16.73M | 11.24M | 13.08M | 11.18M | 13.24M | 13.38M | 17.63M | 15.66M | 20.74M |
| Equity Growth % | 25.21% | 7.07% | 44.71% | 77.99% | 57.8% | 57.83% | -5.39% | -19.51% | 37.83% | 18.34% | 51.08% | 26.3% | -16.01% | -25.82% | -28.6% | -36.14% | -37.91% | 12.56% | 1028.24% | 194.92% |
| Book Value per Share | 0.97 | 0.97 | 0.86 | 0.89 | 0.91 | 0.93 | 0.60 | 0.52 | 0.60 | 0.60 | 0.66 | 0.64 | 0.44 | 0.51 | 0.44 | 0.53 | 0.53 | 0.68 | 0.62 | 0.82 |
| Total Shareholders' Equity | 30.61M | 26.15M | 23.13M | 23.96M | 24.45M | 24.43M | 15.98M | 13.46M | 15.49M | 15.48M | 16.89M | 16.73M | 11.24M | 13.08M | 11.18M | 13.24M | 13.38M | 17.63M | 15.66M | 20.74M |
| Common Stock | 27K | 27K | 27K | 27K | 27K | 27K | 26K | 26K | 26K | 26K | 26K | 26K | 26K | 25K | 25K | 25K | 25K | 25K | 25K | 25K |
| Retained Earnings | -110.94M | -112.49M | -113.98M | -112.05M | -109.47M | -107.89M | -107.3M | -107.92M | -104.88M | -104.07M | -101.81M | -101.23M | -105.79M | -103.13M | -104.05M | -101M | -99.44M | -94.11M | -95.15M | -89.06M |
| 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 |