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Palvella Therapeutics PVLA Increase Decrease In Research And Development Tax Credit Receivables

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Other financials

Income statement

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Revenue$53.0K-97.3%
Operating income-$14.9M-88.7%
Net income-$15.8M-92.6%
EPS (diluted)-$1.20-62.2%

Balance sheet

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Cash & equivalents$206.4M+173%
Total debt$584.0K
Total equity$232.3M+318%
Total assets$263.8M+232%

Cash flow

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Operating cash flow-$10.9M-60.5%
CapEx--100%
Free cash flow-$2.7M+72.0%

Valuation

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Market cap$1.86B+468%

Profitability

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Operating margin-183.2%-13.5pp
Net margin71.7%+40.4pp
FCF margin-99.8%-34.2pp

Returns & leverage

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Return on equity-34.2%
Debt / equity
Current ratio28.9×+20.0×

Where this comes from

Reported directly by Palvella Therapeutics in its filing.

Tagged under the XBRL concept pvla:IncreaseDecreaseInResearchAndDevelopmentTaxCreditReceivables.

The official record: Palvella Therapeutics’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palvella Therapeutics's increase decrease in research and development tax credit receivables?
Palvella Therapeutics (PVLA) reported increase decrease in research and development tax credit receivables of -$526.25K in Q4 2025.
How has Palvella Therapeutics's increase decrease in research and development tax credit receivables changed year-over-year?
Palvella Therapeutics's increase decrease in research and development tax credit receivables decreased by 206.4% year-over-year, from $494.5K to -$526.25K.
What does increase decrease in research and development tax credit receivables mean?
Measures the change in receivables related to tax credits earned from research and development activities. An increase indicates that the company has accrued tax benefits that are expected to be collected in future periods, effectively reducing the net cost of R&D. This metric is a key indicator of the company's ability to leverage government incentives to offset innovation-related expenditures.