ARDELYX, INC.

For the period ended Jun 30, 2025. Filed Aug 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 4, 2025

ARDX$2.93+1.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Statements of Changes in Stockholders’ Equity

(in thousands, except shares)

	Three Months Ended June 30, 2025
Common Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income/(Loss) · Total Stockholders’ Equity
Shares · Amount
Balance as of March 31, 2025	239,201,256	$24	$1,072,118	$(926,484)	$18	$145,676
Issuance of common stock for services	87,256	—	315	—	—	315
Issuance of common stock upon exercise of options	391,027	—	988	—	—	988
Issuance of common stock upon vesting of restricted stock units	1,085,977	—	—	—	—	—
Stock-based compensation	—	—	11,687	—	—	11,687
Unrealized losses on available-for-sale securities	—	—	—	—	(56)	(56)
Net loss	—	—	—	(19,079)	—	(19,079)
Balance as of June 30, 2025	240,765,516	$24	$1,085,108	$(945,563)	$(38)	$139,531

	Six Months Ended June 30, 2025
Common Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income/(Loss) · Total Stockholders’ Equity
Shares · Amount
Balance as of December 31, 2024	238,015,825	$24	$1,058,548	$(885,340)	$57	$173,289
Issuance of common stock under employee stock purchase plan	222,734	—	1,015	—	—	1,015
Issuance of common stock for services	87,256	—	315	—	—	315
Issuance of common stock upon exercise of options	780,990	—	1,455	—	—	1,455
Issuance of common stock upon vesting of restricted stock units	1,658,711	—	—	—	—	—
Stock-based compensation	—	—	23,775	—	—	23,775
Unrealized losses on available-for-sale securities	—	—	—	—	(95)	(95)
Net loss	—	—	—	(60,223)	—	(60,223)
Balance as of June 30, 2025	240,765,516	$24	$1,085,108	$(945,563)	$(38)	$139,531

	Three Months Ended June 30, 2024
Common Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Total Stockholders’ Equity
Shares · Amount
Balance as of March 31, 2024	233,959,744	$23	$1,023,610	$(872,722)	$(20)	$150,891
Issuance of common stock for services	40,549	—	257	—	—	257
Issuance of common stock upon exercise of options	862,691	—	1,608	—	—	1,608
Issuance of common stock upon vesting of restricted stock units	538,414	—	—	—	—	—
Stock-based compensation	—	—	10,769	—	—	10,769
Unrealized losses on available-for-sale securities	—	—	—	—	(81)	(81)
Net loss	—	—	—	(16,454)	—	(16,454)
Balance as of June 30, 2024	235,401,398	$23	$1,036,244	$(889,176)	$(101)	$146,990

	Six Months Ended June 30, 2024
Common Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income/(Loss) · Total Stockholders’ Equity
Shares · Amount
Balance as of December 31, 2023	232,453,190	$23	$1,012,773	$(846,204)	$224	$166,816
Issuance of common stock under employee stock purchase plan	253,312	—	1,038	—	—	1,038
Issuance of common stock for services	40,549	—	257	—	—	257
Issuance of common stock upon exercise of options	1,564,269	—	3,791	—	—	3,791
Issuance of common stock upon vesting of restricted stock units	1,090,078	—	—	—	—	—
Stock-based compensation	—	—	18,385	—	—	18,385
Unrealized losses on available-for-sale securities	—	—	—	—	(325)	(325)
Net loss	—	—	—	(42,972)	—	(42,972)
Balance as of June 30, 2024	235,401,398	$23	$1,036,244	$(889,176)	$(101)	$146,990

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.