Achieve Life Sciences Inc. (ACHV) Financial Statements (2026 and earlier)

Company Profile

Business Address 22722 29TH DR. SE
SEATTLE, WA 98021
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2835 - In Vitro and In Vivo Diagnostic Substances (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:36,400,00034,400,00015,546,00024,771,00043,022,00035,853,000
Cash and cash equivalent20,929,00012,753,00015,546,00024,771,00043,022,00035,853,000
Short-term investments15,475,00021,607,000    
Other undisclosed cash, cash equivalents, and short-term investments(4,000)40,000    
Receivables   111,000105,000153,000 
Other undisclosed current assets3,489,0002,067,0001,325,0002,454,0001,419,0001,122,000
Total current assets:39,889,00036,467,00016,982,00027,330,00044,594,00036,975,000
Noncurrent Assets
Operating lease, right-of-use asset64,000119,00066,000123,00064,000146,000
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 3,0008,00013,0004,00015,00042,000
Intangible asset, including goodwill, after accumulated amortization1,785,0002,008,0002,231,0002,452,0002,675,0002,898,000
Goodwill1,034,0001,034,0001,034,0001,034,0001,034,0001,034,000
Intangible asset, excluding goodwill, after accumulated amortization751,000974,0001,197,0001,418,0001,641,0001,864,000
Restricted cash and investments      50,000
Other noncurrent assets      187,000
Other undisclosed noncurrent assets49,00031,00079,00062,000168,000 
Total noncurrent assets:1,901,0002,166,0002,389,0002,641,0002,922,0003,323,000
TOTAL ASSETS:41,790,00038,633,00019,371,00029,971,00047,516,00040,298,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,921,0005,550,0003,280,0003,741,0003,129,0002,390,000
Employee-related liabilities1,940,0001,474,000
Accounts payable  1,950,000618,0001,660,000841,000332,000
Accrued liabilities1,921,0003,600,0002,662,0002,081,000348,000584,000
Debt3,704,000 16,662,00016,071,000  
Business combination, contingent consideration, liability 1,557,000     
Other undisclosed current liabilities1,900,0001,132,000871,0001,787,0001,421,000545,000
Total current liabilities:9,082,0006,682,00020,813,00021,599,0004,550,0002,935,000
Noncurrent Liabilities
Long-term debt and lease obligation11,185,0009,837,000  14,924,00077,000
Long-term debt, excluding current maturities11,185,0009,837,000  14,920,000 
Liabilities, other than long-term debt5,0001,215,0006,00069,000  
Operating lease, liability 5,00066,0006,00069,0004,00077,000
Business combination, contingent consideration, liability 1,149,000    
Other undisclosed noncurrent liabilities     (4,000)(77,000)
Total noncurrent liabilities:11,190,00011,052,0006,00069,00014,924,00077,000
Total liabilities:20,272,00017,734,00020,819,00021,668,00019,474,0003,012,000
Equity
Equity, attributable to parent21,518,00020,899,000(1,448,000)8,303,00028,042,00037,286,000
Common stock121,000103,00090,00087,00079,00076,000
Additional paid in capital281,613,000226,343,000164,209,000144,148,000121,545,00097,640,000
Accumulated other comprehensive income10,00031,0004,0004,0004,0004,000
Accumulated deficit(260,226,000)(205,578,000)(165,751,000)(135,936,000)(93,586,000)(60,434,000)
Total equity:21,518,00020,899,000(1,448,000)8,303,00028,042,00037,286,000
TOTAL LIABILITIES AND EQUITY:41,790,00038,633,00019,371,00029,971,00047,516,00040,298,000

Income Statement (P&L) (USD)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Gross profit:(54,552,000)     
Operating expenses(328,000)(39,298,000)(27,478,000)(41,036,000)(33,294,000)(14,950,000)
Other undisclosed operating loss      
Operating loss:(54,880,000)(39,298,000)(27,478,000)(41,036,000)(33,294,000)(14,950,000)
Nonoperating income (expense)232,000(758,000)(2,565,000)(1,550,000)(58,000)20,000
Investment income, nonoperating1,495,0002,356,000825,000199,00017,00069,000
Other nonoperating income (expense)(36,000)(30,000)(9,000)40,000(75,000)(49,000)
Interest and debt expense(819,000)