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Aquestive Therapeutics, Inc. AQST Sales of Royalty Rights

Sales of Royalty Rights at other companies

Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$156.87M+5.3%
Ardelyx logo
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$25.86M-2.5%
Natera, Inc. logo
Natera, Inc.NTRA
$500K-64.3%
Nuvation Bio logo
Nuvation BioNUVB
$300K
BillionToOne, Inc.
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BillionToOne, Inc. BLLN
$11.14M-9.5%
Ardelyx logo
ArdelyxARDX
$6.5M+1.4%

Other financials

Income statement

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Revenue$14.4M+65.7%
Gross profit$11.0M+117%
Operating income-$4.2M+78.3%
Net income-$8.1M+64.9%
EPS (diluted)-$0.07+70.8%

Balance sheet

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Cash & equivalents$110.7M+61.3%
Total debt$64.4M+7.4%
Total equity-$34.1M+44.1%
Total assets$141.1M+38.0%

Cash flow

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Operating cash flow-$14.8M+36.7%
CapEx$52.0K-61.5%
Free cash flow-$14.9M+36.9%

Valuation

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Market cap$560.13M+73.5%
Enterprise value$513.76M+63.6%
P/S11.1×+5.2×

Profitability

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Gross margin63.5%-4.9pp
Operating margin-111.2%+96.3pp
Net margin-137.1%+80.7pp
FCF margin-88.2%-2.2pp

Returns & leverage

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Return on equity145.1%
Debt / equity-1.9×
Current ratio4.1×-0.8×

Where this comes from

Reported directly by Aquestive Therapeutics, Inc. in its filing.

Tagged under the XBRL concept aqst:DeferredTaxAssetRoyaltyObligations.

The official record: Aquestive Therapeutics, Inc.’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aquestive Therapeutics, Inc.'s sales of royalty rights?
Aquestive Therapeutics, Inc. (AQST) reported sales of royalty rights of $5.06M in Q4 2025.
What is the long-term trend for Aquestive Therapeutics, Inc.'s sales of royalty rights?
Over 2 years (2023 to 2025), Aquestive Therapeutics, Inc.'s sales of royalty rights has grown at a 19.8% compound annual growth rate (CAGR), from $3.52M to $5.06M.
What does sales of royalty rights mean?
This represents deferred tax assets related to obligations arising from the sale or licensing of royalty rights. It reflects the timing differences between the recognition of royalty income for financial reporting and the tax treatment of the associated obligations. Understanding this metric helps in assessing the long-term tax liabilities and cash flow impacts of the company's licensing business model.