BridgeBio Pharma Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
BBIO$74.29+0.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets
| September 30, · December 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| (Unaudited) | (1) | |||
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | $266,324 | $375,935 | ||
| Investments in equity securities | — | 58,949 | ||
| Receivables from licensing and collaboration agreements | 478 | 1,751 | ||
| Restricted cash | 139,409 | 16,653 | ||
| Prepaid expenses and other current assets | 38,367 | 24,305 | ||
| Total current assets | 444,578 | 477,593 | ||
| Investment in nonconsolidated entities | 160,443 | — | ||
| Property and equipment, net | 8,701 | 11,816 | ||
| Operating lease right-of-use assets | 6,439 | 8,027 | ||
| Intangible assets, net | 24,525 | 26,319 | ||
| Other assets | 20,291 | 22,625 | ||
| Total assets | $664,977 | $546,380 | ||
| Liabilities, Redeemable Convertible Noncontrolling Interests and Stockholders’ Deficit | ||||
| Current liabilities: | ||||
| Accounts payable | $13,363 | $10,655 | ||
| Accrued compensation and benefits | 43,541 | 57,370 | ||
| Accrued research and development liabilities | 40,997 | 29,765 | ||
| Operating lease liabilities, current portion | 4,600 | 4,128 | ||
| Deferred revenue, current portion | 11,771 | 6,096 | ||
| Accrued professional and other accrued liabilities | 24,944 | 35,830 | ||
| Total current liabilities | 139,216 | 143,844 | ||
| 2029 Notes, net | 738,376 | 736,905 | ||
| 2027 Notes, net | 544,719 | 543,379 | ||
| Term loan, net | 436,221 | 446,445 | ||
| Operating lease liabilities, net of current portion | 5,833 | 8,981 | ||
| Deferred revenue, net of current portion | 18,627 | 3,727 | ||
| Other long-term liabilities | 377 | 5,634 | ||
| Total liabilities | 1,883,369 | 1,888,915 | ||
| Commitments and contingencies (Note 8) | ||||
| Redeemable convertible noncontrolling interests | 645 | 478 | ||
| Stockholders’ deficit: | ||||
| Undesignated preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued and outstanding | — | — | ||
| Common stock, $0.001 par value; 500,000,000 shares authorized; 195,178,308 shares issued and 188,986,547 shares outstanding as of September 30, 2024, 181,274,712 shares issued and 175,082,951 shares outstanding as of December 31, 2023 | 195 | 181 | ||
| Treasury stock, at cost; 6,191,761 shares as of September 30, 2024 and December 31, 2023 | (275,000) | (275,000) | ||
| Additional paid-in capital | 1,876,091 | 1,481,032 | ||
| Accumulated other comprehensive income | 5 | 31 | ||
| Accumulated deficit | (2,831,213) | (2,560,501) | ||
| Total BridgeBio stockholders’ deficit | (1,229,922) | (1,354,257) | ||
| Noncontrolling interests | 10,885 | 11,244 | ||
| Total stockholders’ deficit | (1,219,037) | (1,343,013) | ||
| Total liabilities, redeemable convertible noncontrolling interests and stockholders’ deficit | $664,977 | $546,380 | ||
(1)
The condensed consolidated balance sheet as of December 31, 2023 is derived from the audited consolidated financial statements as of that date.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.