CYTOKINETICS INC
For the period ended Mar 31, 2024. Filed May 10, 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 10, 2024
CYTK$55.14+2.7%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) (Unaudited)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $119,976 | $113,024 |
| Short-term investments | 498,985 | 501,800 |
| Accounts receivable | 834 | 1,283 |
| Prepaid expenses and other current assets | 18,909 | 11,944 |
| Total current assets | 638,704 | 628,051 |
| Long-term investments | 15,376 | 40,534 |
| Property and equipment, net | 68,018 | 68,748 |
| Operating lease right-of-use assets | 78,170 | 78,987 |
| Other assets | 7,814 | 7,996 |
| Total assets | $808,082 | $824,316 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $12,967 | $21,507 |
| Accrued liabilities | 40,123 | 42,641 |
| Short-term operating lease liabilities | 18,230 | 17,891 |
| Current portion of long-term debt | 11,520 | 10,080 |
| Other current liabilities | 6,015 | 10,559 |
| Total current liabilities | 88,855 | 102,678 |
| Term loan, net | 56,822 | 58,384 |
| Convertible notes, net | 549,790 | 548,989 |
| Liabilities related to revenue participation right purchase agreements, net | 390,219 | 379,975 |
| Long-term operating lease liabilities | 118,554 | 120,427 |
| Other non-current liabilities | 2 | 186 |
| Total liabilities | 1,204,242 | 1,210,639 |
| Commitments and contingencies | ||
| Stockholders’ deficit: | ||
| Preferred stock | — | — |
| Common stock | 105 | 102 |
| Additional paid-in capital | 1,852,155 | 1,725,823 |
| Accumulated other comprehensive loss | (539) | (10) |
| Accumulated deficit | (2,247,881) | (2,112,238) |
| Total stockholders’ deficit | (396,160) | (386,323) |
| Total liabilities and stockholders’ deficit | $808,082 | $824,316 |
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