X4 Pharmaceuticals, Inc. (XFOR) 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 | 241.98M | 261.58M | 132.81M | 72.94M | 95.7M | 112.17M | 142.97M | 175.42M | 87.33M | 122.08M | 147.87M | 147.65M | 98.22M | 128.68M | 85.72M | 52.59M | 70.88M | 87.88M | 80.7M | 101.37M |
| Cash & Short-Term Investments | 233.72M | 253M | 122.19M | 62.95M | 86.95M | 102.06M | 134.98M | 168.75M | 80.87M | 114.47M | 141.93M | 141.56M | 93.66M | 122M | 79.86M | 47.38M | 66.43M | 81.79M | 76.39M | 95.16M |
| Cash Only | 216.91M | 217.05M | 69.63M | 39.22M | 40.26M | 55.7M | 97.41M | 147.22M | 60.49M | 99.47M | 131.83M | 136.68M | 93.66M | 122M | 79.86M | 47.38M | 66.43M | 81.79M | 76.39M | 95.16M |
| Short-Term Investments | 16.81M | 35.95M | 52.56M | 23.73M | 46.69M | 46.36M | 37.56M | 21.54M | 20.38M | 15M | 10.1M | 4.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.11M | 573K | 1.61M | 1.86M | 1.17M | 1.71M | 1.07M | 854K | 702K | 562K | 393K | 820K | 658K | 1.15M | 909K | 843K | 868K | 747K | 646K | 1.05M |
| Days Sales Outstanding | 28.02 | 39.03 | 90.46 | 70.08 | 4.51 | 89.27 | 158.29 | 125.75 | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 4.64M | 4.48M | 4.08M | 3.17M | 3.09M | 2.82M | 2.44M | 831K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 685.99 | 1.02K | 891.71 | 576.49 | 53.1 | 801.5 | 490.87 | 163.68 | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.51M | 3.53M | 4.92M | 4.96M | 4.48M | 5.59M | 4.48M | 4.98M | 5.76M | 7.05M | 5.55M | 5.27M | 3.91M | 5.52M | 4.95M | 4.36M | 3.59M | 5.34M | 3.66M | 5.16M |
| Total Non-Current Assets | 28.3M | 28.88M | 30.75M | 32.23M | 34.32M | 34.27M | 35.19M | 35.19M | 24.85M | 25.18M | 25.42M | 25.75M | 26.18M | 26.91M | 27.69M | 28.43M | 28.74M | 29.3M | 39.82M | 40.29M |
| Property, Plant & Equipment | 1.18M | 1.59M | 1.99M | 2.9M | 4.14M | 4.84M | 5.29M | 5.68M | 6.01M | 6.39M | 6.83M | 7.32M | 7.83M | 8.33M | 8.8M | 9.29M | 9.75M | 10.22M | 10.7M | 11.18M |
| Fixed Asset Turnover | 1.95x | 1.43x | 0.72x | 0.56x | 6.42x | 0.28x | 0.10x | 0.10x | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 17.35M | 27.11M | 27.11M |
| Intangible Assets | 9.06M | 9.25M | 9.44M | 9.63M | 9.81M | 10M | 10.19M | 10.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 788K | 778K | 777K | 782K | 773K | 778K | 777K | 1.02M | 1.29M | 1.3M | 1.32M | 1.32M | 1.33M | 227K |
| Other Non-Current Assets | 704K | 692K | 1.97M | 2.35M | 3.01M | 2.08M | 1.57M | 1.01M | 715K | 654K | 471K | 301K | 225K | 200K | 244K | 493K | 329K | 402K | 678K | 1.78M |
| Total Assets | 270.28M | 290.46M | 163.56M | 105.17M | 130.01M | 146.45M | 178.16M | 210.61M | 112.18M | 147.26M | 173.29M | 173.4M | 124.41M | 155.59M | 113.41M | 81.02M | 99.63M | 117.18M | 120.52M | 141.66M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.02x | 0.21x | 0.01x | 0.00x | 0.00x | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 107.89% | 98.34% | -8.2% | -50.07% | 15.89% | -0.55% | 2.81% | 21.46% | -9.83% | -5.35% | 52.81% | 114.02% | 24.87% | 32.78% | -5.9% | -42.81% | -38.13% | -4.63% | -9.47% | -0.61% |
| Total Current Liabilities | 23.77M | 25.76M | 23.51M | 22.9M | 25.88M | 32.88M | 29.26M | 28.9M | 23.54M | 22.86M | 25.43M | 22.25M | 19.48M | 22.32M | 28.71M | 22M | 14.97M | 14.02M | 13.23M | 13.12M |
| Accounts Payable | 5.07M | 5.7M | 5.05M | 7.71M | 11.12M | 8.62M | 8.58M | 7.99M | 8.94M | 8.95M | 8.13M | 5.11M | 5.99M | 7.78M | 3.8M | 3.68M | 3.57M | 4.28M | 2.42M | 2.53M |
| Days Payables Outstanding | 810.38 | 1.28K | 1.57K | 1.73K | 177.45 | 2.62K | 2.48K | 1.67K | 13.12K | 12.67K | 1.21K | 978.78 | 1.21K | 1.06K | 696.24 | 659.39 | 708.1 | 624.54 | 463.93 | 524.98 |
| Short-Term Debt | 733K | 0 | 0 | 0 | 0 | 0 | 1.22M | 1.17M | 1.13M | 1.1M | 1.12M | 1.91M | 1.73M | 2.51M | 15.79M | 9.74M | 4.52M | 1.87M | 1.73M | 985K |
| Deferred Revenue (Current) | 910K | 464K | 592K | 754K | 855K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 17.05M | 4.3M | 8.34M | 6.37M | 4.83M | 13.05M | 10.25M | 12.57M | 6.06M | 4.62M | 10.12M | 9.55M | 9.02M | 5.44M | 4.74M | 4.3M | 3.09M | 2.45M | 4.32M | 6.58M |
| Current Ratio | 10.18x | 10.16x | 5.65x | 3.19x | 3.70x | 3.41x | 4.89x | 6.07x | 3.71x | 5.34x | 5.81x | 6.64x | 5.04x | 5.76x | 2.99x | 2.39x | 4.73x | 6.27x | 6.10x | 7.73x |
| Quick Ratio | 9.98x | 9.98x | 5.48x | 3.05x | 3.58x | 3.33x | 4.80x | 6.04x | 3.71x | 5.34x | 5.81x | 6.64x | 5.04x | 5.76x | 2.99x | 2.39x | 4.73x | 6.27x | 6.10x | 7.73x |
| Cash Conversion Cycle | -96.37 | -221.28 | -587.48 | -1.09K | -119.84 | -1.73K | -1.83K | -1.38K | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 78.06M | 78.41M | 78.43M | 78.3M | 81.19M | 91.42M | 89.29M | 87.26M | 87.61M | 73.3M | 80.27M | 83.61M | 53.25M | 59.21M | 22.84M | 28.94M | 34.94M | 38.74M | 38.61M | 39.33M |
| Long-Term Debt | 0 | 76.29M | 76.06M | 75.84M | 75.63M | 75.42M | 75.22M | 75.03M | 54.82M | 54.57M | 54.32M | 31.84M | 31.83M | 32.3M | 18.73M | 24.49M | 29.81M | 33.14M | 33.04M | 33.54M |
| Capital Lease Obligations | 0 | 0 | 95K | 815K | 1.11M | 1.41M | 1.76M | 2.03M | 2.32M | 2.61M | 2.85M | 3.12M | 3.38M | 3.6M | 3.8M | 4.14M | 4.48M | 4.78M | 5.07M | 5.35M |
| 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 | 78.06M | 1.5M | 1.48M | 818K | 3.49M | 14.59M | 12.3M | 10.2M | 30.46M | 16.11M | 23.1M | 48.65M | 18.04M | 23.3M | 312K | 314K | 650K | 826K | 496K | 434K |
| Total Liabilities | 101.83M | 104.17M | 101.94M | 101.2M | 107.07M | 124.3M | 118.54M | 116.16M | 111.15M | 96.16M | 105.7M | 105.86M | 72.73M | 81.53M | 51.56M | 50.95M | 49.91M | 52.76M | 51.84M | 52.45M |
| Total Debt | 733K | 77.28M | 77.36M | 78.02M | 78.04M | 78.09M | 78.2M | 78.23M | 58.27M | 58.28M | 58.29M | 36.87M | 36.93M | 38.42M | 38.32M | 38.37M | 38.81M | 39.78M | 39.84M | 39.88M |
| Net Debt | -216.18M | -139.76M | 7.72M | 38.8M | 37.78M | 22.39M | -19.21M | -68.99M | -2.22M | -41.19M | -73.54M | -99.81M | -56.72M | -83.58M | -41.54M | -9.01M | -27.61M | -42M | -36.55M | -55.28M |
| Debt / Equity | 0.00x | 0.41x | 1.26x | 19.65x | 3.40x | 3.53x | 1.31x | 0.83x | 56.25x | 1.14x | 0.86x | 0.55x | 0.71x | 0.52x | 0.62x | 1.28x | 0.78x | 0.62x | 0.58x | 0.45x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -9.52x | -10.84x | -12.19x | -11.75x | -4.29x | -16.17x | -14.29x | -15.58x | -19.90x | -13.36x | -16.65x | -22.48x | -26.42x | -22.36x | -19.80x | -22.41x | -23.85x | -20.86x | -20.78x | -20.99x |
| Total Equity | 168.45M | 186.29M | 61.62M | 3.97M | 22.94M | 22.15M | 59.62M | 94.45M | 1.04M | 51.1M | 67.59M | 67.53M | 51.68M | 74.05M | 61.85M | 30.07M | 49.71M | 64.41M | 68.68M | 89.21M |
| Equity Growth % | 634.18% | 741.08% | 3.35% | -95.8% | 2114.67% | -56.65% | -11.8% | 39.85% | -98% | -30.99% | 9.29% | 124.57% | 3.95% | 14.96% | -9.94% | -66.29% | -53.51% | -11.52% | -23.44% | -14.94% |
| Book Value per Share | 1.33 | 1.69 | 1.42 | 0.54 | 3.34 | 3.27 | 8.90 | 14.11 | 0.16 | 7.71 | 10.29 | 12.01 | 10.62 | 22.05 | 22.30 | 25.46 | 44.21 | 66.61 | 77.43 | 100.89 |
| Total Shareholders' Equity | 168.45M | 186.29M | 61.62M | 3.97M | 22.94M | 22.15M | 59.62M | 94.45M | 1.04M | 51.1M | 67.59M | 67.53M | 51.68M | 74.05M | 61.85M | 30.07M | 49.71M | 64.41M | 68.68M | 89.21M |
| Common Stock | 94K | 91K | 25K | 8K | 6K | 6K | 168K | 168K | 168K | 167K | 165K | 164K | 122K | 122K | 69K | 31K | 31K | 28K | 25K | 25K |
| Retained Earnings | -614.79M | -594.55M | -570.63M | -540.81M | -515.07M | -515.36M | -475.53M | -438.84M | -529.67M | -477.9M | -458.77M | -456.47M | -400.76M | -376.74M | -347.63M | -326.05M | -304.84M | -282.87M | -252.66M | -232.49M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -122K | -109K | -118K | -138K | -128K | -122K | -114K | -159K | -155K | -119K | -119K | -119K | -119K | -119K | -119K | -119K | -119K | -119K | -119K | -119K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |