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Fulcrum Therapeutics Inc

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

FULC$3.72+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In thousands, except share and per share amounts)

December 31,2024December 31,2023
Assets
Current assets:
Cash and cash equivalents$58,212$25,563
Marketable securities182,809210,658
Unbilled accounts receivable2,096537
Prepaid expenses and other current assets6,8065,441
Total current assets249,923242,199
Property and equipment, net3,9005,216
Operating lease right-of-use assets5,6847,176
Restricted cash1,2011,092
Other assets102,011
Total assets$260,718$257,694
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$1,164$2,757
Accrued expenses and other current liabilities7,6948,726
Operating lease liability, current2,1862,192
Total current liabilities11,04413,675
Operating lease liability, excluding current portion6,4438,629
Other liabilities, excluding current portion197197
Total liabilities17,68422,501
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding——
Common stock, $0.001 par value; 200,000,000 shares authorized; 53,968,303 and 61,915,367 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively5462
Additional paid-in capital762,248744,940
Accumulated other comprehensive gain (loss)130(136)
Accumulated deficit(519,398)(509,673)
Total stockholders’ equity243,034235,193
Total liabilities and stockholders’ equity$260,718$257,694
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.