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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 28,238,152 $ 46,329,359
Short-term investments 195,513,005 206,669,397
Accounts receivable 73,304 1,701,726
Accounts receivable from affiliated entities 4,961,802 10,036,490
Prepaid expenses and other current assets 4,914,313 50,130,481
Prepaid expenses and other current assets from affiliated entities 195,853 375,227
Total current assets 233,896,429 315,242,680
Fixed assets, net 6,983,305 7,727,997
Investment in affiliated entity 2,623,781 2,007,142
Intangible assets, net 2,047,778 2,129,861
Goodwill 10,513,371 10,513,371
Operating lease right-of-use assets 9,865,543 10,228,207
Other assets 652,517 684,044
Total assets 266,582,724 348,533,302
Current liabilities:    
Accounts payable and accrued expenses 24,752,171 79,686,885
Accounts payable and accrued expenses due to affiliated entities 1,417,274 1,220,439
Accrued clinical trial expenses 5,795,846 10,594,073
Operating lease liability 2,579,949 2,803,973
Grant funding liability 4,121,989 2,475,031
Grant funding liability from affiliated entity 89,007 87,673
Convertible senior notes 16,394,841 0
Total current liabilities 55,151,077 96,868,074
Convertible senior notes 0 16,614,840
Operating lease liability, net of current portion 12,185,919 12,655,586
Deferred tax liabilities 32,046 32,046
Total liabilities 67,369,042 126,170,546
Stockholders’ equity:    
Preferred stock 0 0
Common stock 262,738 253,090
Additional paid-in capital 1,728,030,842 1,710,656,191
Accumulated deficit (1,528,497,101) (1,487,847,784)
Accumulated other comprehensive loss (582,797) (698,741)
Total Inovio Pharmaceuticals, Inc. stockholders’ equity 199,213,682 222,362,756
Total liabilities and stockholders’ equity $ 266,582,724 $ 348,533,302