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Geron GERN Noncurrent liability related to sale of future royalties

Noncurrent liability related to sale of future royalties at other companies

PTC Therapeutics logo
PTC TherapeuticsPTCT
$2.02B+9.3%
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$557.77M+4.0%
Mannkind logo
MannkindMNKD
$136.56M-0.6%
Nektar Therapeutics logo
Nektar TherapeuticsNKTR
$60.27M-30.2%
Arbutus Biopharma Corporation logo
Arbutus Biopharma CorporationABUS
$3.28M-25.7%
Ultragenyx Pharmaceutical logo
Ultragenyx PharmaceuticalRARE
$1.13B+42.1%

Other financials

Income statement

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Revenue$51.8M+30.9%
Operating income$158.0K+101%
Net income-$3.6M+81.6%
EPS (diluted)-$0.01+66.7%

Balance sheet

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Cash & equivalents$48.7M-12.2%
Total debt$134.0M+10.0%
Total equity$229.1M-14.6%
Total assets$534.1M-5.0%

Cash flow

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Operating cash flow-$62.9M-31.1%
CapEx$206.0K+2.0%
Free cash flow-$43.8M-6.8%

Valuation

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Market cap$888.51M-7.6%
Enterprise value$973.78M-5.3%
P/S4.7×-174×

Profitability

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Operating margin-705.5%-351pp
Net margin-682.5%-339pp
FCF margin-734.4%-365pp

Returns & leverage

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Return on equity-27.1%-7.8pp
Debt / equity0.6×+0.1×
Current ratio6.8×-1.1×

Where this comes from

Reported directly by Geron in its filing.

Tagged under the XBRL concept gern:LiabilityRelatedToSaleOfFutureRoyaltiesNoncurrent.

The official record: Geron’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Geron's noncurrent liability related to sale of future royalties?
Geron (GERN) reported noncurrent liability related to sale of future royalties of $110.38M in Q1 2026.
How has Geron's noncurrent liability related to sale of future royalties changed year-over-year?
Geron's noncurrent liability related to sale of future royalties increased by 0.0% year-over-year, from $110.38M to $110.38M.
What does noncurrent liability related to sale of future royalties mean?
This represents the long-term portion of debt-like obligations created by selling rights to future royalty payments to third-party investors. It serves as a non-dilutive financing mechanism for clinical-stage companies to secure capital for drug development. The balance decreases as royalty payments are made to the investors over the life of the agreement.