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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 12,483 $ 2,922
Short term investments 141 0
Advances to suppliers 250 240
Prepaid expenses and other current assets 131 68
Current assets of discontinued operations 11,406 25,347
Total current assets 24,411 28,577
Noncurrent assets:    
Property and equipment, net 184 239
Operating right-of-use assets 368 513
Other noncurrent assets 219 213
Noncurrent assets of discontinued operations 4,302 4,773
Total noncurrent assets 5,073 5,738
Total assets 29,484 34,315
Current liabilities:    
Accounts payable 304 295
Accrued expenses 990 840
Current portion of operating lease liabilities 313 282
Other current liabilities 676 780
Current liabilities of discontinued operations 10,608 8,813
Total current liabilities 12,891 11,010
Noncurrent liabilities:    
Operating lease liabilities 93 307
Deferred revenue 28,094 27,400
Other noncurrent liabilities 3,840 3,686
Noncurrent liabilities of discontinued operations 4,376 6,197
Total noncurrent liabilities 36,403 37,590
Total liabilities 49,294 48,600
Commitments and Contingencies  
Shareholders’ deficit    
Ordinary shares ($0.0001 par value; 500,000,000 shares authorized; 40,316,320 and 40,322,320 shares issued and outstanding as of December 31, 2024 and September 30, 2025, respectively) 4 4
Additional paid-in capital 373,602 373,185
Accumulated deficit (406,294) (407,425)
Accumulated other comprehensive income 913 1,336
Total BeyondSpring Inc.’s shareholders’ deficit (31,775) (32,900)
Noncontrolling interests 11,965 18,615
Total shareholders’ deficit (19,810) (14,285)
Total liabilities and shareholders’ deficit $ 29,484 $ 34,315