Enliven 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
ELVN$51.20-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(65,844) | $(52,214) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 237 | 219 |
| Stock-based compensation | 14,835 | 9,858 |
| Non-cash lease expense | 239 | 228 |
| Amortization of premiums and discounts on marketable securities, net | (552) | (2,815) |
| Change in fair value of contingent value right liability | (873) | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses, other current and long-term assets | (5,304) | (5,425) |
| Operating lease liabilities | (250) | (231) |
| Accounts payable | 487 | (1,289) |
| Accrued expenses and other liabilities | 1,036 | 2,882 |
| Net cash used in operating activities | (55,989) | (48,787) |
| Cash flows from investing activities: | ||
| Maturities of marketable securities | 196,672 | 40,000 |
| Purchases of marketable securities | (234,225) | (226,963) |
| Receipt of contingent value right milestone | 10,000 | — |
| Payment of contingent value right milestone, net of permitted deductions | (9,127) | — |
| Purchases of property and equipment | (44) | (135) |
| Net cash used in investing activities | (36,724) | (187,098) |
| Cash flows from financing activities: | ||
| Proceeds from exercise of stock options | 3,178 | 309 |
| Proceeds from issuance of common stock under the Employee Stock Purchase Plan | 320 | — |
| Proceeds from issuance of common stock and Pre-Funded Warrants in the Private Placement, net of issuance costs | 89,695 | — |
| Payment of deferred offering costs related to the Sales Agreement | — | (563) |
| Proceeds from the Financing Transaction, net of issuance costs | — | 161,365 |
| Cash acquired in connection with the reverse recapitalization | — | 81,821 |
| Payment of reverse recapitalization transaction costs | — | (8,736) |
| Net cash provided by financing activities | 93,193 | 234,196 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 480 | (1,689) |
| Cash, cash equivalents and restricted cash at the beginning of the period | 100,195 | 75,590 |
| Cash, cash equivalents and restricted cash at the end of the period | $100,675 | $73,901 |
| Components of cash, cash equivalents and restricted cash: | ||
| Cash and cash equivalents | $100,621 | $73,847 |
| Restricted cash | 54 | 54 |
| Total cash, cash equivalents and restricted cash | $100,675 | $73,901 |
| Supplemental disclosure of cash flow information: | ||
| Income taxes paid related to the contingent value right milestone | $232 | $— |
| Supplemental disclosure of non-cash investing and financing activities: | ||
| Conversion of convertible preferred stock to common stock | $— | $149,749 |
| Receivables from stock option exercises included in prepaid expenses and other current assets | $5 | $56 |
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