ARDELYX, INC.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
ARDX$3.01+2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | ||||
| Product sales, net | $125,455 | $105,515 | $336,957 | $263,406 |
| Product supply revenue | 1,380 | — | 3,710 | 6,439 |
| Licensing revenue | 216 | 25 | 363 | 5,065 |
| Non-cash royalty revenue related to the sale of future royalties | 604 | 4,789 | 1,975 | 7,195 |
| Total revenues | 127,655 | 110,329 | 343,005 | 282,105 |
| Costs and operating expenses | ||||
| Cost of sales | 4,539 | 3,982 | 15,109 | 28,688 |
| Research and development | 25,199 | 18,067 | 71,490 | 48,671 |
| Selling, general and administrative | 93,894 | 83,612 | 297,601 | 250,822 |
| Total costs and operating expenses | 123,632 | 105,661 | 384,200 | 328,181 |
| Income (loss) from operations | 4,023 | 4,668 | (41,195) | (46,076) |
| Interest expense | (5,880) | (5,796) | (16,436) | (14,343) |
| Non-cash interest expense related to the sale of future royalties | (1,502) | (2,188) | (4,086) | (6,478) |
| Other income, net | 2,712 | 2,449 | 6,862 | 6,667 |
| Loss before provision for income taxes | (647) | (867) | (54,855) | (60,230) |
| Provision for income taxes | 90 | 102 | 208 | 962 |
| Net loss | $(737) | $(969) | $(55,063) | $(61,192) |
| Net loss per share of common stock - basic and diluted | $(0.00) | $(0.00) | $(0.22) | $(0.25) |
| Shares used in computing net loss per share - basic and diluted | 250,007,187 | 241,908,407 | 247,991,715 | 240,165,744 |
| Comprehensive loss | ||||
| Net loss | $(737) | $(969) | $(55,063) | $(61,192) |
| Unrealized (losses) gains on available-for-sale securities | (290) | 162 | (681) | 67 |
| Comprehensive loss | $(1,027) | $(807) | $(55,744) | $(61,125) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.