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Polaryx Therapeutics, Inc. PLYX Net Operating Loss Carryforwards

Net Operating Loss Carryforwards at other companies

Polaryx Therapeutics, Inc. logo
Polaryx Therapeutics, Inc.PLYX
$18.7M+19.1%
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$71M-17.4%

Other financials

Income statement

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Operating income-$2.0M+61.2%
Net income-$2.5M+49.6%
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$111.66M-89.5%

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:OperatingLossCarryforwards.

The source filing: Polaryx Therapeutics, Inc.’s 10-K, filed March 24, 2026.

Filed
Mar 24, 2026, 12:00 AM EDT
Fiscal year
FY2025
Accession
0001213900-26-033064

As of December 31, 2025 and 2024, the Company had a federal net operating loss (“NOL”) carryforward of $18.7 million and $15.7 million, respectively. As of December 31, 2025 and 2024, the Company had state NOL carryforwards of $15.7 million and $15.7 million, respectively. Of the $18.7 million of federal NOL carryforwards as of December 31, 2025, $1.1 million begins to expire in 2034 and $17.6 million may be carried forward indefinitely. The state NOL carryforwards begin to expire in 2034.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Polaryx Therapeutics, Inc.'s net operating loss carryforwards?
Polaryx Therapeutics, Inc. (PLYX) reported net operating loss carryforwards of $18.7M in Q4 2025.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.

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