Tango Therapeutics Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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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 27, 2025
TNGX$22.74+5.8%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 amounts)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $69,530 | $66,385 |
| Marketable securities | 188,387 | 270,500 |
| Restricted cash | — | 856 |
| Prepaid expenses and other current assets | 8,426 | 8,797 |
| Total current assets | 266,343 | 346,538 |
| Property and equipment, net | 8,102 | 9,908 |
| Operating lease right-of-use assets | 39,476 | 43,508 |
| Restricted cash, net of current portion | 2,567 | 2,567 |
| Other assets | 4 | 46 |
| Total assets | $316,492 | $402,567 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,601 | $2,785 |
| Accrued expenses and other current liabilities | 16,497 | 15,401 |
| Operating lease liabilities | 2,454 | 2,082 |
| Deferred revenue | 17,618 | 25,670 |
| Total current liabilities | 38,170 | 45,938 |
| Operating lease liabilities, net of current portion | 34,039 | 36,838 |
| Deferred revenue, net of current portion | 44,766 | 66,683 |
| Total liabilities | 116,975 | 149,459 |
| Commitments and contingencies (Note 8) | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Stockholders' equity: | ||
| Common stock, $0.001 par value; 200,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; 107,729,343 and 102,202,759 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 108 | 102 |
| Additional paid-in capital | 700,631 | 624,076 |
| Accumulated other comprehensive income | 336 | 186 |
| Accumulated deficit | (501,558) | (371,256) |
| Total stockholders’ equity | 199,517 | 253,108 |
| Total liabilities and stockholders’ equity | $316,492 | $402,567 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.