What does total liabilities & equity mean?

Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

First Tracks Biotherapeutics Inc (TRAX) Total Liabilities & Equity

Screener

BKBK

$561.52B+27.4%

Schering-PloughSGP

$258.39M—

GPA

General Purpose Acquisition Corp.GPAC

$9.44M-17.6%

VeradermicsMANE

$397.36M—

Polaryx Therapeutics, Inc.PLYX

$3.5M—

Dollar GeneralDG

$31.7B+2.3%

Reported directly by First Tracks Biotherapeutics Inc in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The source filing: First Tracks Biotherapeutics Inc’s 10-Q, filed May 14, 2026.

Line item	March 31, 2026	December 31,2025
Current portion of operating lease liability	—	2,080
Total current liabilities	33,112	31,023
Operating lease liability, net of current portion	—	12,032
Equity:
Net Parent Investment	257,610	287,514
Accumulated other comprehensive loss	(146)	(24)
Total equity	257,464	287,490
Total liabilities and equity	$290,576	$330,545

Item 1. Combined Financial Statements.

What is First Tracks Biotherapeutics Inc's total liabilities & equity?: First Tracks Biotherapeutics Inc (TRAX) reported total liabilities & equity of $290.58M in Q1 2026.
What does total liabilities & equity mean?: Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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