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Tarsus Pharmaceuticals, Inc. TARS Indefinite-Lived Research and Development Assets

Indefinite-Lived Research and Development Assets at other companies

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Heartflow, Inc. Common StockHTFL
$15.41M-25.5%
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Keel Infrastructure Corp. Common StockKEEL
$2.19M-50.8%
Tarsus Pharmaceuticals, Inc. logo
Tarsus Pharmaceuticals, Inc.TARS
$7.96M-63.4%
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Lantheus HoldingsLNTH
$6.19M-79.2%
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Quantum Computing Inc.QUBT
$1.09M+76.6%
Kulicke & Soffa Industries logo
Kulicke & Soffa IndustriesKLIC
$7M-11.5%

Other financials

Income statement

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Revenue$162.1M+107%
Gross profit$152.7M+109%
Operating income-$6.1M+76.7%
Net income-$7.0M+72.3%
EPS (diluted)-$0.16+75.0%

Balance sheet

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Cash & equivalents$104.2M-41.6%
Total debt$88.7M+22.5%
Total equity$349.0M+1.9%
Total assets$581.1M+16.1%

Cash flow

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Operating cash flow-$24.7M-19.4%
CapEx$5.8M+886%
Free cash flow-$30.5M-43.4%

Valuation

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Market cap$2.85B+41.1%
Enterprise value$2.83B+47.8%
P/S5.3×-3.3×

Profitability

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Gross margin42.7%
Operating margin-9.5%-4.2pp
Net margin-9%-4.0pp
FCF margin-28%-12.6pp

Returns & leverage

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Return on equity-14%-5.2pp
Debt / equity0.3×0.0×
Current ratio3.7×-1.8×

Where this comes from

Reported directly by Tarsus Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsInProcessResearchAndDevelopment.

The official record: Tarsus Pharmaceuticals, Inc.’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tarsus Pharmaceuticals, Inc.'s indefinite-lived research and development assets?
Tarsus Pharmaceuticals, Inc. (TARS) reported indefinite-lived research and development assets of $7.96M in Q4 2025.
How has Tarsus Pharmaceuticals, Inc.'s indefinite-lived research and development assets changed year-over-year?
Tarsus Pharmaceuticals, Inc.'s indefinite-lived research and development assets decreased by 63.4% year-over-year, from $21.73M to $7.96M.
What does indefinite-lived research and development assets mean?
This represents the value of acquired in-process research and development projects that have not yet reached commercial viability. These assets are not amortized because their useful life is indeterminate until the project is either successfully completed or abandoned. This metric is vital for valuing the pipeline of a biopharmaceutical company and assessing the potential for future product launches.