Longeveron (LGVN) Deferred Taxes (2020 - 2023)

Longeveron (LGVN) recorded quarterly Deferred Taxes of -$1.3 million in Q2 2023, down 2596.0% quarter-over-quarter from -$50000.0 in Q1 2023, and down 8886.67% on a YoY basis from $15341.4 in Q2 2022.

Longeveron (LGVN) Deferred Taxes (2020 - 2023) Analysis & Trends

Longeveron's Deferred Taxes history runs 4 years deep, the most recent figure standing at -$1.3 million for Q2 2023.

  • In Q2 2023, Deferred Taxes fell 8886.67% year-over-year to -$1.3 million; the TTM figure through Dec 2023 stood at -$1.4 million (changed N/A YoY), while the FY2023 annual figure was -$1.4 million, down 355.37% from the prior year.
  • Deferred Taxes was -$1.3 million for Q2 2023 at Longeveron, down from -$50000.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $339000.0 in Q2 2020 to a low of -$1.3 million in Q2 2023.
  • Historically, Deferred Taxes has averaged -$114583.3 across 4 years, with a median of -$5500.0 in 2021.
  • The sharpest annual moves came in 2021 and 2023: Deferred Taxes soared 113.86% in 2021, then plunged 8886.67% in 2023.
  • A 4-year view of Deferred Taxes shows it stood at $232000.0 in 2020, then plunged by 98.28% to $4000.0 in 2021, then slumped by 475.0% to -$15000.0 in 2022, then slumped by 8886.67% to -$1.3 million in 2023.
  • The last three Deferred Taxes figures came in at -$1.3 million (Q2 2023), -$50000.0 (Q1 2023), and -$15000.0 (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -65.30 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Longeveron 20.35 Bn 20.33 Bn 264,000.00 -

Historic Data

Download Data
DateValue
Jun 30, 2023 -1.35 Mn
Mar 31, 2023 -50,000.00
Jun 30, 2022 -15,000.00
Mar 31, 2022 -306,000.00
Dec 31, 2021 4,000.00
Sep 30, 2021 28,000.00
Jun 30, 2021 155,000.00
Mar 31, 2021 -375,000.00
Dec 31, 2020 232,000.00
Sep 30, 2020 -202,000.00
Jun 30, 2020 339,000.00
Mar 31, 2020 163,000.00