Beam Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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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.
Mar 31, 2024 · Filed May 7, 2024
BEAM$27.02+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $287,848 | $435,895 |
| Marketable securities | 806,706 | 753,981 |
| Prepaid expenses and other current assets | 27,156 | 21,167 |
| Total current assets | 1,121,710 | 1,211,043 |
| Property and equipment, net | 120,922 | 124,960 |
| Restricted cash | 6,452 | 8,719 |
| Operating lease right-of-use assets | 109,023 | 112,846 |
| Other assets | 1,689 | 2,146 |
| Total assets | $1,359,796 | $1,459,714 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $2,790 | $1,617 |
| Accrued expenses and other current liabilities | 86,437 | 111,664 |
| Derivative liabilities | 13,700 | 10,800 |
| Current portion of deferred revenue | 72,111 | 68,706 |
| Current portion of lease liability | 12,181 | 12,778 |
| Total current liabilities | 187,219 | 205,565 |
| Long-term lease liability | 155,939 | 159,911 |
| Contingent consideration liabilities | 2,856 | 2,723 |
| Long-term portion of deferred revenue | 99,573 | 109,888 |
| Other liabilities | 719 | 298 |
| Total liabilities | 446,306 | 478,385 |
| Commitments and contingencies (See Note 7, License agreements and Note 8, Collaboration and license agreements) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value; 25,000,000 shares authorized, and no shares issued or outstanding at March 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $0.01 par value; 250,000,000 shares authorized, 82,280,827 and 81,632,496 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 823 | 816 |
| Additional paid-in capital | 2,202,146 | 2,169,798 |
| Accumulated other comprehensive (loss) income | (921) | 604 |
| Accumulated deficit | (1,288,558) | (1,189,889) |
| Total stockholders’ equity | 913,490 | 981,329 |
| Total liabilities and stockholders’ equity | $1,359,796 | $1,459,714 |
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