Lantern Pharma
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Lantern Pharma's balance sheet done over the years? Its assets were worth $43,647,616 last year, which is less than in the previous period. 6% of Lantern Pharma’s total assets is currently financed by debt. Its liabilities reached the amount of $2,739,682, which means an decrease by -2% compared compared to last year.
Debt to Assets
| 2018 | 449831 | 651.62K | 144.86% |
|---|---|---|---|
| 2019 | 1432576 | 489.29K | 34.15% |
| 2020 | 20359634 | 660.83K | 3.25% |
| 2021 | 73950477 | 2.37M | 3.22% |
| 2022 | 58836321 | 2.79M | 4.76% |
| 2023 | 43647616 | 2.73M | 6.28% |
LTRN Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 21.93M | 37.20M | 51.52M | 19.22M | 1.23M | 445.16K |
Short term investments | 19.36M | 17.99M | 19.20M | 0 | 0 | 0 |
Net receivables | 0 | 592K | 181K | 0 | 0 | 0 |
Inventory | 0 | -592K | -181K | 0 | 0 | 0 |
Other current assets | 1.60M | 3.52M | 1.99M | 1.00M | 788 | 0 |
Total current assets | 43.34M | 58.72M | 72.71M | 20.23M | 1.23M | 445.16K |
Non-current assets: | ||||||
Property, Plant and Equipment | 280.42K | 95.69K | 216.18K | 21.50K | 8.75K | 4.66K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 1M | 0 | 0 | 0 |
Other non-current assets | 25.86K | 17.88K | 17.88K | 101.20K | 191K | 0 |
Total non-current assets | 306.29K | 113.58K | 1.23M | 122.71K | 199.75K | 4.66K |
Total assets | 43.64M | 58.83M | 73.95M | 20.35M | 1.43M | 449.83K |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | -2.74M | -2.17M | 0 | 0 | 0 |
Short term debt | 172.97K | 52.89K | 152.05K | 0 | 0 | 0 |
Total current liabilities | 2.67M | 2.79M | 2.32M | 552.33K | 489.29K | 651.62K |
| Non-current liabilities: | ||||||
Long term debt | 61.49K | 52.89M | 52.89K | 108.5K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -52.83M | -1 | -1 | 0 | 0 |
Total non-current liabilities | 61.49K | 52.89K | 52.89K | 108.5K | 0 | 0 |
Total liabilities | 2.73M | 2.79M | 2.37M | 660.83K | 489.29K | 651.62K |
| Data source | Data source | Data source | Data source |