TLPHNasdaqPharmaceutical PreparationsFiscal year ends December 31

TALPHERA, INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026

$1.08+0.00 (0.00%)

Close on Oct 19, 2026

Market cap: $81.57M
P/E (TTM): –
Dividend yield: –

TALPHERA, INC. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31	FY 2006 2006-12-31
Cash & Equivalents	5.89	8.86	5.72	15	7.66	22	15	88	53	80	108	60	88	48	7.79	3.06	7.15	6.07	–	–
Short-Term Investments	14	0	3.66	0.50	39	16	51	18	7.57	–	5.54	15	15	12	28	0.63	–	–	–	–
Cash & Short-Term Investments	20	8.86	9.38	21	52	43	66	106	60	80	113	75	104	60	36	3.68	7.15	6.07	–	–
Receivables	–	–	–	0.31	0.16	0.64	0.43	0.05	1.53	5.83	3.29	0	–	–	–	–	–	–	–	–
Inventory	–	–	–	1.18	1.11	1.63	3.30	0.85	0.96	2.15	0.47	–	–	–	–	–	–	–	–	–
Prepaid Expenses & Other	0.52	0.55	2.20	1.87	2.59	1.68	1.82	1.02	0.46	0.76	1.73	0.95	0.90	2.00	2.36	2.10	–	–	–	–
Total Current Assets	21	9.42	12	25	50	47	72	108	63	89	119	76	105	62	38	5.78	–	–	–	–
Property, Plant & Equipment	–	–	–	10	16	16	15	11	11	11	8.61	9.82	5.18	2.49	2.31	0.80	–	–	–	–
Gross Property, Plant & Equipment	–	–	–	22	27	26	24	20	19	17	13	13	7.28	4.00	4.36	–	–	–	–	–
Accumulated Depreciation	–	–	–	-12	-11	-11	-9.55	-8.94	-8.44	-6.74	-4.85	-2.96	-2.10	-1.51	-2.05	–	–	–	–	–
Operating Lease Right-of-Use Assets	–	–	–	0.10	4.30	3.15	3.93	–	–	–	–	–	–	–	–	–	–	–	–	–
Intangible Assets	8.82	8.82	8.82	8.82	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Assets	–	–	0.02	0.17	2.17	0.66	1.19	0.71	0.21	0.05	–	–	–	–	–	–	–	–	–	–
Total Assets	30	18	20	47	78	66	91	121	76	100	128	86	110	65	41	6.83	–	–	–	–
Accounts Payable	0.54	0.67	1.34	1.26	2.12	2.74	1.72	2.07	1.42	1.56	1.56	2.43	2.34	2.24	1.53	0.54	–	–	–	–
Accrued Expenses	2.62	1.25	2.45	2.53	6.52	5.05	5.53	4.54	3.54	4.60	3.96	3.65	3.90	4.65	2.51	0.86	–	–	–	–
Current Portion of Long-Term Debt	–	–	0	5.36	8.80	8.74	4.63	8.61	7.73	2.91	4.54	6.86	–	7.44	3.80	5.20	–	–	–	–
Current Debt	–	–	0	5.36	8.80	8.74	4.63	8.61	7.73	2.91	4.54	6.86	–	7.44	3.80	5.20	–	–	–	–
Current Portion of Leases	–	–	–	0.10	1.07	1.12	0.97	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Revenue (Current)	–	–	–	–	–	0.05	0.41	0.32	0.36	0.36	2.60	0.79	0.62	–	–	–	–	–	–	–
Total Current Liabilities	3.81	2.65	4.51	14	19	18	14	16	14	10	13	14	6.87	14	7.85	13	–	–	–	–
Long-Term Debt	–	–	–	0	5.01	13	21	3.38	11	19	16	18	14	8.53	15	–	–	–	–	–
Long-Term Leases	–	–	–	2.96	3.75	2.61	3.64	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	–	–	–	4.66	4.82	3.72	4.61	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Liabilities	–	–	0	0.81	0.08	0.30	0.49	0.54	–	–	–	–	–	–	–	0.25	–	–	–	–
Total Liabilities	13	10	6.29	26	114	122	133	116	112	105	95	40	37	31	23	17	–	–	–	–
Total Debt	–	–	0	5.36	14	22	25	12	19	22	21	25	14	16	19	5.20	–	–	–	–
Common Stock	0.05	0.02	0.02	0.01	0.01	0.10	0.08	0.08	0.05	0.05	0.05	0.04	0.04	0.04	0.02	0.00	–	–	–	–
Additional Paid-In Capital	489	465	458	448	438	383	357	349	261	241	236	225	219	156	106	2.67	–	–	–	–
Retained Earnings	-472	-457	-444	-426	-474	-438	-398	-345	-298	-246	-203	-179	-145	-122	-89	-69	–	–	–	–
Comprehensive Income & Other	–	–	–	–	–	–	–	–	–	0.00	0.00	0.00	0.00	0.00	–	–	–	–	–	–
Shareholders' Equity	17	8.00	14	22	-36	-56	-41	4.25	-37	-5.34	33	47	73	34	17	-66	-53	-33	-13	-3.72
Total Equity	17	8.00	14	22	-36	-56	-41	4.25	-37	-5.34	33	47	73	34	17	-66	-53	-33	-13	-3.72
Total Liabilities & Equity	30	18	20	47	78	66	91	121	76	100	128	86	110	65	41	6.83	–	–	–	–
Shares Outstanding(shares)	49	17	17	8.24	6.84	4.94	3.98	3.94	2.54	2.27	2.26	2.19	2.15	1.85	0.98	0.03	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: -1474700.0%
Net margin: -1507600.0%
Return on equity, FY2025: -114.2%

Financial strength

Current ratio: 4.29
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 17.7%

Valuation

P/E ratio: –
Price to sales: 81569.05
Price to book: 5.66
Dividend yield: –