As of September 30, 2025, the Company had cash, cash equivalents, and short-term deposits in the amount of $18.8 million, compared to $15.6 million on December 31, 2024. PolyPid (PYPD) expects that its current cash balance will be sufficient to fund operations well into 2026. Notably, during the quarter, we made significant progress reducing our debt by decreasing current maturities of long-term debt from $6.5 million as of June 30, 2025 to $2.4 million as of September 30, 2025.
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