Alector Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
ALEC$2.46+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $33,021 | $74,555 |
| Marketable securities | 380,376 | 474,306 |
| Prepaid expenses and other current assets | 11,420 | 16,946 |
| Total current assets | 424,817 | 565,807 |
| Property and equipment, net | 17,145 | 21,861 |
| Operating lease right-of-use assets | 19,951 | 25,195 |
| Restricted cash | 1,846 | 1,546 |
| Other assets | 4,544 | 7,418 |
| Total assets | $468,303 | $621,827 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $2,215 | $3,775 |
| Accrued clinical supply costs | 6,989 | 5,215 |
| Accrued liabilities | 28,890 | 30,378 |
| Deferred revenue, current portion | 23,663 | 82,975 |
| Payable to collaboration partner | 5,914 | 7,703 |
| Refund liability to collaboration partner, current portion | 48,634 | 39,440 |
| Operating lease liabilities, current portion | 8,754 | 8,462 |
| Total current liabilities | 125,059 | 177,948 |
| Deferred revenue, long-term portion | 172,169 | 210,845 |
| Long-term debt | 9,389 | — |
| Refund liability to collaboration partner, long-term portion | 9,276 | 67,047 |
| Operating lease liabilities, long-term portion | 24,376 | 30,456 |
| Other long-term liabilities | 1,234 | 1,373 |
| Total liabilities | 341,503 | 487,669 |
| Commitments and contingencies (Note 4) | ||
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value; 200,000,000 shares authorized; 99,085,888 and 84,879,693 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | 9 | 8 |
| Additional paid-in capital | 955,657 | 844,044 |
| Accumulated other comprehensive income | 261 | 184 |
| Accumulated deficit | (829,127) | (710,078) |
| Total stockholders’ equity | 126,800 | 134,158 |
| Total liabilities and stockholders’ equity | $468,303 | $621,827 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.