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Segments

By segment

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Lysosomal Storage Disorders-$2.54M+49.6%

Other financials

Income statement

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Operating income-$2.0M+61.2%
EPS (diluted)-$0.05+54.5%

Balance sheet

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Cash & equivalents$3.1M+1,132%
Total equity$2.5M-41.5%
Total assets$3.5M

Cash flow

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Operating cash flow-$2.1M-191%

Valuation

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Market cap$104.18M-90.2%

Returns & leverage

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Return on equity-1,209.8%
Current ratio3.5×

Where this comes from

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

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Polaryx Therapeutics, Inc.’s 10-Q, filed May 15, 2026.

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-056973
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Research and development expenses$679$4,716
General and administrative expenses1,279336
Total operating expenses1,9585,052
Operating loss(1,958)(5,052)
Other expense – direct listing offering costs(586)
Net loss and comprehensive loss$(2,544)$(5,052)
Net loss per share – basic and diluted$(0.05)$(0.11)
Weighted average common shares outstanding – basic and diluted47,219,32944,338,960

Item 1. Financial Statements (Unaudited) Item 1. Financial Statements

FAQ

What is Polaryx Therapeutics, Inc.'s net income?
Polaryx Therapeutics, Inc. (PLYX) reported net income of -$2.54M in Q1 2026.
How has Polaryx Therapeutics, Inc.'s net income changed year-over-year?
Polaryx Therapeutics, Inc.'s net income increased by 49.6% year-over-year, from -$5.05M to -$2.54M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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