Acrivon Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
View on SEC.govAbout 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 14, 2024
ACRV$1.61+2.5%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $24,607 | $36,015 |
| Short-term investments | 85,368 | 91,443 |
| Prepaid expenses and other current assets | 2,168 | 2,234 |
| Total current assets | 112,143 | 129,692 |
| Property and equipment, net | 3,408 | 3,479 |
| Operating lease right-of-use assets | 4,205 | 4,429 |
| Restricted cash | 417 | 414 |
| Deferred offering costs | 348 | 251 |
| Total assets | $120,521 | $138,265 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $2,056 | $5,048 |
| Accrued expenses and other current liabilities | 6,041 | 7,378 |
| Operating lease liabilities, current | 944 | 877 |
| Total current liabilities | 9,041 | 13,303 |
| Operating lease liabilities, long-term | 3,501 | 3,767 |
| Total liabilities | 12,542 | 17,070 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023. | — | — |
| Common stock, par value $0.001; 500,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 22,637,539 and 22,522,644 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. | 23 | 23 |
| Additional paid-in capital | 240,932 | 237,675 |
| Accumulated other comprehensive loss | (70) | (83) |
| Accumulated deficit | (132,906) | (116,420) |
| Total stockholders’ equity | 107,979 | 121,195 |
| Total liabilities and stockholders’ equity | $120,521 | $138,265 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.