Acrivon Therapeutics, Inc.
For the period ended Dec 31, 2024. Filed Mar 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 Mar 27, 2025
ACRV$1.58-1.9%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, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $39,818 | $36,015 |
| Short-term investments | 139,662 | 91,443 |
| Prepaid expenses and other current assets | 2,149 | 2,234 |
| Total current assets | 181,629 | 129,692 |
| Property and equipment, net | 4,471 | 3,479 |
| Operating lease right-of-use assets | 3,554 | 4,429 |
| Long-term investments | 5,089 | — |
| Restricted cash | 198 | 414 |
| Other assets | 1,647 | 251 |
| Total assets | $196,588 | $138,265 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $758 | $5,048 |
| Accrued expenses and other current liabilities | 15,399 | 7,378 |
| Operating lease liabilities, current | 1,057 | 877 |
| Total current liabilities | 17,214 | 13,303 |
| Operating lease liabilities, long-term | 2,588 | 3,767 |
| Total liabilities | 19,802 | 17,070 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized as of December 31, 2024 and 2023; no shares issued and outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, $0.001 par value; 500,000,000 shares authorized as of December 31, 2024 and 2023; 31,231,264 and 22,522,644 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 31 | 23 |
| Additional paid-in capital | 373,284 | 237,675 |
| Accumulated other comprehensive income (loss) | 447 | (83) |
| Accumulated deficit | (196,976) | (116,420) |
| Total stockholders’ equity | 176,786 | 121,195 |
| Total liabilities and stockholders’ equity | $196,588 | $138,265 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.