LTRN
Lantern Pharma Inc.
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What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $7M77% |
|---|---|
| Property & equipment | $24K0% |
| Other assetsincludes 4 line items this filer does not report separately | $2M22% |
| Other liabilitiesincludes 2 line items this filer does not report separately | $12M137% |
|---|---|
| Shareholders' equity | -$3M37% |
Not reported separately
This filer does not break these out. They are inside the totals, counted in the shaded remainder — not estimated, and not set to zero.
Lantern Pharma Inc. (LTRN) files with the SEC as a health care company. Its most recent balance sheet puts total assets at $9M, against $12M of liabilities and -$3M of equity, as at 2026-06-30. That balance sheet grew 19.1% against 2026-03-31, when total assets were $7M. Liabilities account for 137.4% of the balance sheet and equity -37.4%. The largest single line on the asset side is Cash at $7M, 77.4% of total assets, followed by Property & equipment at $24,271. Equity is negative, so the claims against this company exceed what it owns on the filed figures. That is a real shape, not an error, and it is drawn below the baseline rather than hidden. The figures come from a filing filed on 2026-08-14. Some line items this filer reports are not broken out separately here; the totals are complete and the difference is shown as a remainder rather than distributed across the lines that are named. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed, taken from the most recent filing that reported it. Nothing is estimated or smoothed, and where the filing and the identity disagree the disagreement is shown rather than closed.
Most of what LTRN owns is financial — cash and money owed to it account for 77% of total assets.
Liabilities exceed total assets, so shareholders' equity is negative at -$3.2 million.
Not every line item is reported separately by this filer: receivables, inventory, goodwill, intangibles and others are inside the totals rather than broken out.
The numbers behind Lantern Pharma Inc.’s balance sheet
The check, written out
Assets $8,602,349 − (liabilities $11,819,601 + equity -$3,217,252) = $0
Ratios
| Liabilities to assets | $12M ÷ $9M | 137.4% |
|---|---|---|
| Equity to assets | -$3M ÷ $9M | -37.4% |
| Largest asset line: Cash | $7M ÷ $9M | 77.4% |
Does it balance, quarter by quarter
8 of the last 8 tested balance sheets on file reconcile as this site reads them. Each row is judged by the same check as the drawing above, and “latest filing” is the newest filing that carried that period's figures, since later filings repeat earlier periods as comparatives.
| Period end | Latest filing | Assets | Liabilities | Equity | A = L + E |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $9M | $12M | -$3M | Balanced |
| 2026-03-31 | 2026-05-15 | $7M | $4M | $3M | Balanced |
| 2025-12-31 | 2026-03-30 | $11M | $5M | $7M | Balanced |
| 2025-09-30 | 2025-11-12 | $14M | $4M | $10M | Balanced |
| 2025-06-30 | 2025-08-13 | $17M | $5M | $13M | Balanced |
| 2025-03-31 | 2025-05-15 | $21M | $4M | $17M | Balanced |
| 2024-12-31 | 2025-03-27 | $26M | $4M | $21M | Balanced |
| 2024-09-30 | 2024-11-07 | $30M | $4M | $27M | Balanced |
Where to go from here
- All Health Care companies — largest by total assets first, as most recently filed.
- Every company covered — the directory this page belongs to.
- How the check works — what “balanced” means and what the exceptions are.
Ask about these numbers
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Learn more
- What Is the Accounting Identity? Meaning and Example — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why Naive XBRL Extraction Breaks Balance Sheets (And How a Balance Check Catches It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
- 995 of 38,568 SEC Filings Failed Our Balance Sheet Check — 995 of 38,568 filings failed the check: the method, the reasons and the filings themselves.
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Related companies
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