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Mineralys Therapeutics, Inc. MLYS R&D credit carryforward

R&D credit carryforward at other companies

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$17.11M+10.2%

Other financials

Income statement

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Operating income-$45.3M-2.0%
Net income-$39.3M+6.8%
EPS (diluted)-$0.47+40.5%

Balance sheet

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Cash & equivalents$1.2M-14.6%
Total equity$638.1M+86.8%
Total assets$652.9M+83.9%

Cash flow

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Operating cash flow-$39.5M+13.2%
CapEx$15.0K
Free cash flow-$37.9M+43.3%

Valuation

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Market cap$2.27B+124%

Returns & leverage

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Return on equity-31%-9.6pp
Current ratio44.3×+17.8×

Where this comes from

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

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsResearch.

The official record: Mineralys Therapeutics, Inc.’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mineralys Therapeutics, Inc.'s r&d credit carryforward?
Mineralys Therapeutics, Inc. (MLYS) reported r&d credit carryforward of $21.17M in Q4 2025.
What is the long-term trend for Mineralys Therapeutics, Inc.'s r&d credit carryforward?
Over 3 years (2022 to 2025), Mineralys Therapeutics, Inc.'s r&d credit carryforward has grown at a 149.9% compound annual growth rate (CAGR), from $1.36M to $21.17M.
What does r&d credit carryforward mean?
This represents the accumulated value of research and development tax credits that a company has earned but has not yet utilized to offset its tax liabilities. These carryforwards provide a potential future tax shield, which can improve cash flow once the company achieves profitability. For clinical-stage biopharmaceutical firms, this asset reflects the historical investment in innovation and the potential for future tax efficiency.