Vaxart, Inc. financial data

Symbol
VXRT on OTC
Location
South San Francisco, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 13 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 67% % -64%
Debt-to-equity 325% % 328%
Return On Equity -124% % -12%
Return On Assets -29% % 54%
Operating Margin -33% % 92%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 240,069,844 shares 5.5%
Common Stock, Shares, Outstanding 228,957,259 shares 0.65%
Entity Public Float $150,839,206 USD 37%
Common Stock, Value, Issued $23,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 228,926,340 shares 0.65%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $148,204,000 USD 784%
Research and Development Expense $179,080,000 USD 170%
General and Administrative Expense $17,965,000 USD -19%
Operating Income (Loss) $48,841,000 USD 32%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $50,395,000 USD 30%
Income Tax Expense (Benefit) $308,000 USD 19%
Net Income (Loss) Attributable to Parent $50,703,000 USD 30%
Earnings Per Share, Basic 0 USD/shares 45%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $22,035,000 USD -34%
Cash, Cash Equivalents, and Short-term Investments $28,800,000 USD -51%
Accounts Receivable, after Allowance for Credit Loss, Current $42,716,000 USD 7128%
Other Assets, Current $88,000 USD -80%
Assets, Current $117,370,000 USD 77%
Property, Plant and Equipment, Net $6,064,000 USD -36%
Operating Lease, Right-of-Use Asset $17,097,000 USD -21%
Intangible Assets, Net (Excluding Goodwill) $3,009,000 USD -20%
Goodwill $4,508,000 USD 0%
Other Assets, Noncurrent $824,000 USD -2.1%
Assets $208,988,000 USD 25%
Accounts Payable, Current $53,075,000 USD 2003%
Employee-related Liabilities, Current $3,643,000 USD -19%
Accrued Liabilities, Current $44,882,000 USD 564%
Liabilities, Current $169,300,000 USD 111%
Operating Lease, Liability, Noncurrent $11,661,000 USD -24%
Other Liabilities, Noncurrent $489,000 USD 16%
Liabilities $182,232,000 USD 86%
Accumulated Other Comprehensive Income (Loss), Net of Tax $2,000 USD -107%
Retained Earnings (Accumulated Deficit) $515,240,000 USD -11%
Stockholders' Equity Attributable to Parent $26,756,000 USD -61%
Liabilities and Equity $208,988,000 USD 25%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $9,599,000 USD 55%
Net Cash Provided by (Used in) Financing Activities $164,000 USD -101%
Net Cash Provided by (Used in) Investing Activities $13,232,000 USD
Common Stock, Shares Authorized 350,000,000 shares 0%
Common Stock, Shares, Issued 229,471,907 shares 0.57%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $3,469,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $16,880,000 USD -23%
Deferred Tax Assets, Valuation Allowance $94,119,000 USD 14%
Deferred Tax Assets, Gross $100,532,000 USD 11%
Operating Lease, Liability $17,526,000 USD -13%
Depreciation $3,600,000 USD -5.3%
Payments to Acquire Property, Plant, and Equipment $130,000 USD -0.76%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $50,732,000 USD 30%
Lessee, Operating Lease, Liability, to be Paid $21,488,000 USD -17%
Property, Plant and Equipment, Gross $19,050,000 USD -0.07%
Operating Lease, Liability, Current $3,783,000 USD 31%
Lessee, Operating Lease, Liability, to be Paid, Year Two $5,031,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,511,000 USD 3%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $3,962,000 USD -31%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,207,000 USD 3.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Unrecognized Tax Benefits $8,537,000 USD 30%
Lessee, Operating Lease, Liability, to be Paid, Year Four $5,389,000 USD 3.5%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $700,000 USD 17%
Deferred Tax Assets, Net of Valuation Allowance $6,413,000 USD -17%
Share-based Payment Arrangement, Expense $8,953,000 USD -30%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%