Longeveron Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
LGVN$2.84+41.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31, 2024 and 2023
Longeveron Inc.
Balance Sheets
(In thousands, except share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $19,232 | $4,949 |
| Marketable equity securities | - | 412 |
| Prepaid expenses and other current assets | 308 | 376 |
| Accounts and grants receivable | 84 | 111 |
| Total current assets | 19,624 | 5,848 |
| Property and equipment, net | 2,449 | 2,529 |
| Intangible assets, net | 2,401 | 2,287 |
| Operating lease asset | 882 | 1,221 |
| Other assets | 202 | 193 |
| Total assets | $25,558 | $12,078 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | 99 | 638 |
| Accrued expenses | 1,820 | 2,152 |
| Current portion of operating lease liability | 623 | 593 |
| Deferred revenue | 40 | 506 |
| Total current liabilities | 2,582 | 3,889 |
| Long-term liabilities: | ||
| Long-term portion of operating lease liability | 824 | 1,448 |
| Other liabilities | 265 | - |
| Total long-term liabilities | 1,089 | 1,448 |
| Total liabilities | 3,671 | 5,337 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ Equity: | ||
| Preferred stock, $0.001 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2024 and December 31, 2023 | - | - |
| Class A common stock, $0.001 par value per share, 84,295,000 shares authorized, 13,407,441 shares issued and outstanding at December 31, 2024; 1,025,183 issued and outstanding at December 31, 2023 | 13 | 1 |
| Class B common stock, $0.001 par value per share, 15,705,000 shares authorized, 1,484,005 shares issued and outstanding at December 31, 2024; 1,485,560 issued and outstanding at December 31, 2023 | 1 | 1 |
| Additional paid-in capital | 131,480 | 91,823 |
| Stock subscription receivable | - | (100) |
| Accumulated deficit | (109,607) | (84,984) |
| Total stockholders’ equity | 21,887 | 6,741 |
| Total liabilities and stockholders’ equity | $25,558 | $12,078 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.