Adagene reported total assets of $133.58M and total liabilities of $27.57M for the quarter ended Jun 2026, up 32.5% year over year. This balance sheet covers 13 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2019 | Dec2020 | Jun2021 | Dec2021 | Jun2022 | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accumulated Depreciation | 3.21M | 4.29M | 5.32M | 5.91M | 6.71M | 7.07M | 7.30M | 7.55M | 7.85M | 7.98M | |||
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash & EquivalentsCash & Equiv. | 92.53M | 75.15M | 208.27M | 174.39M | 168.04M | 143.76M | 128.76M | 109.93M | 95.67M | 85.19M | 62.83M | 74.52M | 127.91M |
| Receivables - NetNet Receivables | 0.48M | 0.62M | 3.00M | 0.15M | |||||||||
| Receivables - OtherOther Receivables | -0.70M | 1.30M | 0.93M | -4.37M | 1.87M | 3.89M | 0.39M | 0.40M | 0.19M | 0.01M | 0.01M | 0.02M | 0.00M |
| Receivables | -0.22M | 1.55M | -1.37M | 0.15M | |||||||||
| Prepaid Assets | 1.48M | 3.81M | 5.39M | 4.06M | 5.11M | 4.94M | 3.52M | 3.29M | 3.10M | 2.58M | 2.53M | 2.83M | 4.35M |
| Current Assets | 103.92M | 79.10M | 215.21M | 185.95M | 175.01M | 149.32M | 132.68M | 113.44M | 98.80M | 87.78M | 65.36M | 77.38M | 132.41M |
| Non-Current Assets | |||||||||||||
| Property, Plant & Equipment (Net) | 1.88M | 2.07M | 2.59M | 3.49M | 3.07M | 2.78M | 2.22M | 1.84M | 1.44M | 1.13M | 0.90M | 0.72M | 0.72M |
| Long-Term Investments | 2.51M | ||||||||||||
| Other Non-Current Assets | 0.09M | 3.10M | 0.06M | 0.07M | 0.07M | 0.11M | 0.11M | 0.08M | 0.28M | 0.08M | 0.04M | 0.03M | 0.06M |
| Non-Current Assets | 1.97M | 5.17M | 2.65M | 3.56M | 3.54M | 3.08M | 2.62M | 2.29M | 1.98M | 1.49M | 1.15M | 0.89M | 1.17M |
| Assets | 105.89M | 84.26M | 217.86M | 189.51M | 178.56M | 152.40M | 135.30M | 115.73M | 100.78M | 89.27M | 66.52M | 78.26M | 133.58M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payables | 0.71M | 1.81M | 2.83M | 3.32M | 4.67M | 3.67M | 4.48M | 3.09M | 3.37M | 4.24M | 3.63M | 2.88M | 15.54M |
| Notes Payables | 0.72M | 3.83M | 3.85M | 3.12M | 5.96M | 10.77M | 9.00M | 4.24M | 4.21M | 4.87M | 2.10M | 4.27M | 4.40M |
| Payables | 1.43M | 5.64M | 6.69M | 6.44M | 10.63M | 14.43M | 13.48M | 7.33M | 7.58M | 9.11M | 5.72M | 7.15M | 19.94M |
| Accumulated Expenses | 2.54M | 6.06M | 3.56M | 4.38M | 4.24M | 3.21M | 2.83M | 3.00M | 2.66M | 2.82M | 3.68M | 2.79M | 2.58M |
| Other Accumulated Expenses | -15.80M | 0.15M | 0.14M | 19.32M | 16.71M | 17.33M | 13.19M | 14.45M | 10.35M | ||||
| Short term Debt | 0.32M | 1.18M | 1.82M | 1.38M | 1.35M | 2.85M | 2.59M | 4.16M | 11.77M | 12.92M | 4.54M | 0.71M | 0.29M |
| Current Leases | 0.30M | 0.15M | 0.16M | 0.20M | 0.14M | 0.14M | 0.13M | 0.09M | 0.18M | ||||
| Current Taxes | 0.06M | 1.66M | 2.26M | 0.35M | 1.90M | 0.05M | 0.04M | 0.01M | 0.00M | 0.41M | 0.58M | ||
| Current Deferred Revenue | 0.99M | 0.73M | 11.10M | 5.50M | 20.18M | 15.11M | 0.81M | 3.46M | 2.18M | ||||
| Total Current Liabilities | 7.18M | 16.15M | 29.58M | 29.82M | 56.46M | 55.08M | 38.99M | 31.46M | 39.52M | 38.18M | 28.52M | 25.17M | 26.36M |
| Non-Current Liabilities | |||||||||||||
| Non-Current Debt | 1.52M | 2.97M | 2.00M | 2.99M | 9.26M | 14.15M | 13.35M | 13.54M | 4.56M | 0.42M | 1.14M | 1.03M | |
| Preferred Stock Liabilities | 154.20M | 154.45M | 50.00M | 16.55M | 16.55M | ||||||||
| Operating Leases | 0.13M | 0.05M | 0.14M | 0.17M | 0.11M | 0.14M | 0.09M | 0.05M | 0.18M | ||||
| Non-Current Deferred Tax Liability | 0.04M | ||||||||||||
| Other Non-Current Liabilities | 0.09M | 0.06M | 0.09M | 0.03M | 0.03M | 0.03M | 0.21M | 1.18M | |||||
| Total Non-Current Liabilities | 8.70M | 19.11M | 31.58M | 32.86M | 65.84M | 69.28M | 52.48M | 45.17M | 44.19M | 38.74M | 28.60M | 26.16M | 26.39M |
| Total Liabilities | 8.70M | 19.20M | 31.64M | 32.95M | 65.87M | 69.31M | 52.51M | 45.17M | 44.19M | 38.74M | 28.60M | 26.36M | 27.57M |
| Shareholder's Equity | |||||||||||||
| Total Debt | 2.56M | 7.98M | 7.67M | 7.49M | 16.57M | 27.77M | 24.94M | 21.94M | 20.54M | 18.21M | 6.64M | 6.12M | 5.73M |
| Common Equity | -57.01M | -89.39M | 186.22M | 156.56M | 112.68M | 83.09M | 82.79M | 70.56M | 56.59M | 50.52M | 37.91M | 35.35M | 89.45M |
| Liabilities and Shareholders Equity | 105.89M | 84.26M | 217.86M | 189.51M | 178.56M | 152.40M | 135.30M | 115.73M | 100.78M | 89.27M | 66.52M | 78.26M | 133.58M |
| Treasury Shares | -0.01M | 4.60M | -4.00 | -4.00 | -4.00 | ||||||||
| Retained Earnings | 6.79M | 23.79M | 329.22M | 336.10M | 342.63M | 342.74M | 346.96M | 350.11M | 352.65M | 362.22M | 364.25M | 366.04M | 436.77M |