PDS Biotechnology Corp (PDSB) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
303A COLLEGE ROAD EAST PRINCETON, NJ 08540 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 41,689,591 | 56,560,517 | 73,820,160 | 65,242,622 | 28,839,565 | 12,161,739 | |||
| Cash and cash equivalent | 41,689,591 | 56,560,517 | 73,820,160 | 65,242,622 | 28,839,565 | 12,161,739 | |||
| Other undisclosed current assets | 3,364,852 | 2,494,558 | 2,660,230 | 1,597,569 | 1,497,665 | 2,308,462 | |||
| Total current assets: | 45,054,443 | 59,055,075 | 76,480,390 | 66,840,191 | 30,337,230 | 14,470,201 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 162,194 | 200,873 | 374,888 | ||||||
| Operating lease, right-of-use asset | 152,645 | 357,611 | 547,706 | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 142,020 | 134,132 | 86 | 5,443 | 21,051 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 2,974,000 | ||||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 2,974,000 | ||||||||
| Prepaid expense | |||||||||
| Other undisclosed noncurrent assets | (2,974,000) | ||||||||
| Total noncurrent assets: | 304,214 | 335,005 | 527,533 | 357,697 | 553,149 | 21,051 | |||
| TOTAL ASSETS: | 45,358,657 | 59,390,080 | 77,007,923 | 67,197,888 | 30,890,379 | 14,491,252 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,526,082 | 9,407,516 | 9,532,995 | 3,497,107 | 3,150,546 | 2,295,360 | |||
| Accounts payable | 1,684,868 | 6,982,824 | 1,219,287 | 1,309,403 | 1,415,224 | 1,197,720 | |||
| Accrued liabilities | 2,841,214 | 2,424,692 | 8,313,708 | 2,187,704 | 1,735,322 | 1,097,640 | |||
| Debt | 12,561,119 | 4,222,461 | 56,612 | ||||||
| Restructuring reserve | 498,185 | ||||||||
| Other undisclosed current liabilities | 231,429 | 258,924 | 119,904 | ||||||
| Total current liabilities: | 17,087,201 | 13,629,977 | 9,821,036 | 3,756,031 | 3,270,450 | 2,793,545 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 9,266,608 | 19,629,156 | 23,184,857 | 231,430 | 490,353 | ||||
| Long-term debt, excluding current maturities | 9,204,755 | 19,506,183 | 23,020,844 | ||||||
| Finance lease, liability | 61,853 | 122,973 | 164,013 | ||||||
| Operating lease, liability | 231,430 | 490,353 | |||||||
| Other undisclosed noncurrent liabilities | (231,430) | (490,353) | |||||||
| Total noncurrent liabilities: | 9,266,608 | 19,629,156 | 23,184,857 | 231,430 | 490,353 | ||||
| Total liabilities: | 26,353,809 | 33,259,133 | 33,005,893 | 3,987,461 | 3,760,803 | 2,793,545 | |||
| Equity | |||||||||
| Equity, attributable to parent | 19,004,848 | 26,130,947 | 44,002,030 | 63,210,427 | 27,129,576 | 11,697,707 | |||
| Common stock | 12,536 | 10,921 | 9,956 | 9,387 | 7,346 | 1,742 | |||
| Additional paid in capital | 201,103,311 | 170,620,641 | 145,550,491 | 123,904,602 | 70,907,315 | 40,633,670 | |||
| Accumulated deficit | (182,110,999) | (144,500,615) | (101,558,417) | (60,703,562) | (43,785,085) | (28,937,705) | |||
| Total equity: | 19,004,848 | 26,130,947 | 44,002,030 | 63,210,427 | 27,129,576 | 11,697,707 | |||
| TOTAL LIABILITIES AND EQUITY: | 45,358,657 | 59,390,080 | 77,007,923 | 67,197,888 | 30,890,379 | 14,491,252 | |||
Income Statement (P&L) (USD)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (36,321,195) | (43,045,234) | (41,672,421) | (21,439,311) | (14,902,386) | (21,034,618) | ||
| Operating loss: | (36,321,195) | (43,045,234) | (41,672,421) | (21,439,311) | (14,902,386) | (21,034,618) | ||
| Nonoperating income (Investment Income, Nonoperating) | 2,514,816 | 2,902,939 | 935,180 | 4,346 | 55,006 | 13,688,058 | ||
| Interest and debt expense | (4,673,174) | (4,205,922) | (1,316,519) | (33,559) | ||||
| Loss from continuing operations before income taxes: | (38,479,553) | (44,348,217) | (42,053,760) | (21,434,965) | (14,847,380) | (7,380,119) | ||
| Income tax expense (benefit) | 869,169 | 1,406,019 | 1,198,905 | 4,516,488 | (381,513) | |||
| Loss from continuing operations: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (7,761,632) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (16,918,477) | (14,847,380) | (7,761,632) | |
| Net loss: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (7,761,632) | ||
| Other undisclosed net income attributable to parent | 763,026 | |||||||
| Net loss available to common stockholders, diluted: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (6,998,606) | ||
Comprehensive Income (USD)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (7,761,632) | ||
| Comprehensive loss: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (7,761,632) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 763,015 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (37,610,384) | (42,942,198) | (40,854,855) | (16,918,477) | (14,847,380) | (6,998,617) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.