AGENUS INC
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
AGEN$7.150.0%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
(Amounts in thousands, except share and per share amounts)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $40,437 | $76,110 |
| Accounts receivable | 407 | 25,836 |
| Prepaid expenses | 2,315 | 8,098 |
| Other current assets | 2,415 | 2,372 |
| Total current assets | 45,574 | 112,416 |
| Property, plant and equipment, net of accumulated amortization and depreciation of $72,553 and $61,943 at December 31, 2024 and 2023, respectively | 120,087 | 133,421 |
| Operating lease right-of-use assets | 27,308 | 29,606 |
| Goodwill | 24,092 | 24,723 |
| Acquired intangible assets, net of accumulated amortization of $16,986 and $17,688 at December 31, 2024 and 2023, respectively | 3,376 | 4,411 |
| Other long-term assets | 5,834 | 9,336 |
| Total assets | $226,271 | $313,913 |
| LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT | ||
| Current portion, long-term debt | $2,698 | $146 |
| Current portion, liability related to sale of future royalties and milestones | 111,978 | 132,502 |
| Current portion, deferred revenue | 31 | 18 |
| Current portion, operating lease liabilities | 2,446 | 2,587 |
| Accounts payable | 61,470 | 61,446 |
| Accrued liabilities | 34,961 | 45,283 |
| Other current liabilities | 7,817 | 13,915 |
| Total current liabilities | 221,401 | 255,897 |
| Long-term debt, net of current portion | 30,473 | 12,768 |
| Liability related to sale of future royalties and milestones, net of current portion | 224,389 | 124,556 |
| Deferred revenue, net of current portion | 1,143 | 1,143 |
| Operating lease liabilities, net of current portion | 54,551 | 62,511 |
| Other long-term liabilities | 738 | 5,420 |
| Commitments and contingencies (Note 19) | ||
| STOCKHOLDERS’ DEFICIT | ||
| Preferred stock, par value $0.01 per share; 5,000,000 shares authorized: | ||
| Series A-1 convertible preferred stock; 31,620 shares designated, issued, and outstanding at December 31, 2024 and 2023; liquidation value of $34,101 and $33,886 at December 31, 2024, and 2023, respectively | 0 | 0 |
| Common stock, par value $0.01 per share; 800,000,000 shares authorized at December 31, 2024 and 2023; 23,634,670 shares and 19,718,662 shares issued at December 31, 2024 and 2023, respectively | 236 | 197 |
| Additional paid-in capital | 1,857,662 | 1,796,095 |
| Accumulated other comprehensive loss | (1,398) | (955) |
| Accumulated deficit | (2,182,880) | (1,955,668) |
| Total stockholders’ deficit attributable to Agenus Inc. | (326,380) | (160,331) |
| Non-controlling interest | 19,956 | 11,949 |
| Total stockholders’ deficit | (306,424) | (148,382) |
| Total liabilities, convertible preferred stock and stockholders’ deficit | $226,271 | $313,913 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.