Climb Bio, Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 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 Mar 25, 2025
CLYM$11.01+7.0%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
(In thousands, except share and per share amounts)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $87,229 | $93,112 |
| Short-term marketable securities | 63,690 | 13,686 |
| Prepaid expenses and other current assets | 3,953 | 3,457 |
| Total current assets | $154,872 | $110,255 |
| Operating lease right-of-use assets | 490 | 199 |
| Long-term marketable securities | 61,610 | — |
| Other long-term assets | 215 | 15 |
| Total assets | $217,187 | $110,469 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $705 | $66 |
| Accrued expenses and other current liabilities | 4,069 | 2,433 |
| Operating lease liabilities | 157 | 334 |
| Total current liabilities | $4,931 | $2,833 |
| Operating lease liabilities, net of current portion | 375 | 15 |
| Other long-term liabilities | — | 22 |
| Total liabilities | $5,306 | $2,870 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value per share, 250,000,000 shares authorized; 67,255,434 and 27,699,446 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 7 | 3 |
| Additional paid-in capital | 441,727 | 263,577 |
| Accumulated other comprehensive income (loss) | 23 | (2) |
| Accumulated deficit | (229,876) | (155,979) |
| Total stockholders’ equity | $211,881 | $107,599 |
| Total liabilities and stockholders’ equity | $217,187 | $110,469 |
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