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Karyopharm Therapeutics Inc

For the period ended Mar 31, 2024. Filed May 8, 2024.

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About this filing

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 8, 2024

KPTI$0.04-27.1%Stored close · as of Nov 9, 2026

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Condensed Consolidated Balance Sheets

(in thousands, except per share amounts)

March 31,2024December 31,2023
Assets
Current assets:
Cash and cash equivalents$30,628$52,231
Investments117,950139,212
Accounts receivable, net31,08226,962
Inventory2,7693,043
Prepaid expenses and other current assets15,47811,813
Restricted cash459660
Total current assets198,366233,921
Property and equipment, net719606
Operating lease right-of-use assets3,7354,276
Restricted cash304301
Other assets1,3341,334
Total assets$204,458$240,438
Liabilities and stockholders’ deficit
Current liabilities:
Accounts payable$5,028$3,123
Accrued expenses54,85161,394
Operating lease liabilities3,4253,308
Other current liabilities2,0371,654
Total current liabilities65,34169,479
Convertible senior notes171,127170,919
Deferred royalty obligation132,479132,479
Operating lease liabilities, net of current portion1,8842,789
Other liabilities2,582978
Total liabilities373,413376,644
Stockholders’ deficit:
Preferred stock, $0.0001 par value; 5,000 shares authorized; none issued and outstanding——
Common stock, $0.0001 par value; 400,000 shares authorized; 116,457 and 114,915 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively1212
Additional paid-in capital1,355,9511,350,981
Accumulated other comprehensive loss(518)(161)
Accumulated deficit(1,524,400)(1,487,038)
Total stockholders’ deficit(168,955)(136,206)
Total liabilities and stockholders’ deficit$204,458$240,438
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.