Acrivon Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 13, 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 13, 2024
ACRV$1.58-1.9%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 data)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $43,415 | $36,015 |
| Short-term investments | 144,038 | 91,443 |
| Prepaid expenses and other current assets | 1,531 | 2,234 |
| Total current assets | 188,984 | 129,692 |
| Property and equipment, net | 4,670 | 3,479 |
| Operating lease right-of-use assets | 3,797 | 4,429 |
| Long-term investments | 15,390 | — |
| Restricted cash | 196 | 414 |
| Deferred offering costs | 468 | 251 |
| Other assets | 1,179 | — |
| Total assets | $214,684 | $138,265 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $1,506 | $5,048 |
| Accrued expenses and other current liabilities | 12,273 | 7,378 |
| Operating lease liabilities, current | 1,040 | 877 |
| Total current liabilities | 14,819 | 13,303 |
| Operating lease liabilities, long-term | 2,973 | 3,767 |
| Total liabilities | 17,792 | 17,070 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized as of September 30, 2024 and December 31, 2023; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value; 500,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 31,130,892 and 22,522,644 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 31 | 23 |
| Additional paid-in capital | 370,224 | 237,675 |
| Accumulated other comprehensive income (loss) | 782 | (83) |
| Accumulated deficit | (174,145) | (116,420) |
| Total stockholders’ equity | 196,892 | 121,195 |
| Total liabilities and stockholders’ equity | $214,684 | $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.