Celcuity CELC Purchase Obligation
Purchase Obligation at other companies
Other financials
Where this comes from
Reported directly by Celcuity in its filing.
Tagged under the XBRL concept us-gaap:ContractualObligation.
The source filing: Celcuity’s 10-Q, filed May 14, 2026.
- Filed
- May 14, 2026, 5:15 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001493152-26-023180
The Company enters into contracts in the normal course of business to conduct research and development programs internally and through third-party service providers that include, among others, arrangements with vendors, consultants, contract manufacturing organizations, and contract research organizations. Contracts related to the Company’s ongoing clinical trials are generally cancelable with advance notice and the Company’s obligations under these contracts are primarily based on services performed through termination dates plus certain cancelation charges, if any, as defined in each of the respective agreements. In addition, these agreements may, from time to time, be subject to amendments as a result of any change orders executed. As of March 31, 2026, the Company had $2.6 million of non-cancelable purchase commitments with respect to these arrangements.
Item 1. Financial Statements (unaudited) ITEM
FAQ
- What is Celcuity's purchase obligation?
- Celcuity (CELC) reported purchase obligation of $2.6M in Q1 2026.
- How has Celcuity's purchase obligation changed year-over-year?
- Celcuity's purchase obligation decreased by 62.3% year-over-year, from $6.9M to $2.6M.
- What is the long-term trend for Celcuity's purchase obligation?
- Over 3 years (2022 to 2025), Celcuity's purchase obligation has grown at a 33.7% compound annual growth rate (CAGR), from $2.3M to $5.5M.
- What does purchase obligation mean?
- This represents legally binding, non-cancelable commitments to acquire goods or services from suppliers in future periods. It serves as an indicator of future cash outflow requirements and the company's long-term operational dependency on external vendors.
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