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BLTE - Belite Bio, Inc

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Belite Bio, Inc

BLTE

NASDAQ

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.

56.6 USD

-1.92 (-3.39%)

BLTE Financial Statements

Year

2024

2023

2022

2021

Current Assets

147.07M

89.94M

42.81M

17.43M

Cash & Short Term Investments

145.15M

88.16M

42.09M

17.34M

Cash And Cash Equivalents

31.68M

88.16M

42.09M

17.34M

Short Term Investments

113.47M

0

0

0

Net Receivables

594k

867k

19k

23k

Inventory

0

0

-19k

0

Other Current Assets

1.33M

916k

699k

64k

Non-Current Assets

5.06M

4.7M

1.47M

917k

Property, Plant & Equipment

965k

1.3M

1.38M

94k

Goodwill And Intangible Assets

3.99M

3.23M

31k

0

Goodwill

0

0

0

0

Intangible Assets

3.99M

3.23M

31k

0

Long Term Investments

0

0

0

0

Tax Assets

0

0

0

0

Other Non-Current Assets

103k

166k

57k

823k

Other Assets

0

0

0

0

Total Assets

152.13M

94.64M

44.27M

18.35M

-

-

-

-

Current Liabilities

6.05M

3.63M

2.1M

1.64M

Accounts Payable

0

0

0

0

Short Term Debt

276k

308k

396k

0

Tax Payables

0

0

0

0

Deferred Revenue

0

0

0

0

Other Current Liabilities

5.77M

3.33M

1.71M

1.64M

Total Current Liabilities

6.05M

3.63M

2.1M

1.64M

Total Non-Current Liabilities

261k

578k

668k

31.81M

Long-Term Debt

261k

578k

668k

0

Deferred Revenue

0

0

0

0

Deferred Taxes Liabilities

0

0

0

0

Other Non Current liabilities

0

0

0

0

Total Liabilities

6.31M

4.21M

2.77M

33.44M

Other Liabilities

0

0

0

0

Stockholders Equity

145.82M

90.43M

41.5M

-15.09M

Common Stock

3k

3k

3k

1k

Retained Earnings

-107.65M

-71.5M

-39.87M

-27.22M

Accumulated Other Comprehensive Income/Loss

-660k

-374k

-392k

-196k

Other Shareholders Equity

254.13M

162.31M

81.76M

12.33M

Total Liabilities and Stockholders Equity

152.13M

94.64M

44.27M

18.35M

Retained Earning Schedule

Year

2023

2022

2021

Retained Earnings (Previous Year)

-71.5M

-39.87M

-27.22M

Net Income

-31.63M

-12.47M

-9.79M

Stock Repurchases

0

0

0

Dividend Paid

0

0

0

Retained Earnings

-107.65M

-71.5M

-39.87M

Other Distributions

-36.14M

-31.63M

-12.65M

PPE Schedule

Year

2023

2022

2021

Gross PPE

965k

1.3M

1.38M

Annual Depreciation

139k

198k

30k

Capital Expenditure

-151k

-63k

-394k

Net PPE

977k

1.17M

1.74M

Intangible and Goodwill Schedule

Year

2023

2022

2021

Acquisitions and Adjustments

0

0

0

Goodwill (Previous Year)

0

0

0

Goodwill

0

0

0

All figures are in USD.

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