Quince Therapeutics, Inc.
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 11, 2025
QNCX$31.73+8.1%Stored close · as of Oct 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands except share amounts)
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $16,826 | $6,212 |
| Short-term investments | 17,882 | 34,572 |
| Prepaid expenses and other current assets | 2,637 | 3,252 |
| Total current assets | 37,345 | 44,036 |
| Property and equipment, net | 573 | 315 |
| Operating lease right-of-use assets | 507 | 498 |
| Intangible assets | 67,566 | 60,045 |
| Other assets | 11,219 | 9,584 |
| Total assets | $117,210 | $114,478 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,759 | $2,903 |
| Accrued expenses and other current liabilities | 5,708 | 4,375 |
| Total current liabilities | 7,467 | 7,278 |
| Long-term debt | 16,989 | 14,321 |
| Long-term operating lease liabilities | 387 | 394 |
| Long-term contingent consideration | 59,147 | 56,691 |
| Deferred tax liabilities | 5,595 | 4,963 |
| Warrant liabilities | 15,144 | — |
| Other long-term liabilities | 745 | 685 |
| Total liabilities | 105,474 | 84,332 |
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 10,000,000 authorized, no shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. | — | — |
| Common stock, $0.001 par value, 250,000,000 shares authorized, 53,624,180 and 44,001,643 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. | 53 | 44 |
| Additional paid in capital | 413,078 | 406,609 |
| Accumulated other comprehensive income (loss) | 6,156 | (35) |
| Accumulated deficit | (407,551) | (376,472) |
| Total stockholders’ equity | 11,736 | 30,146 |
| Total liabilities and stockholders’ equity | $117,210 | $114,478 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.