Korro Bio, Inc.
For the period ended Jun 30, 2025. Filed Aug 12, 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 12, 2025
KRRO$14.75+0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(amounts in thousands, except share and par value amounts)
| June 30,2025 | December 31,2024 | |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $33,612 | $55,643 |
| Short-term marketable securities | 62,750 | 70,452 |
| Accounts receivable | 1,089 | 1,696 |
| Prepaid expenses and other current assets | 5,183 | 3,741 |
| Total current assets | 102,634 | 131,532 |
| Property and equipment, net | 25,395 | 27,710 |
| Operating lease right-of-use assets | 23,510 | 23,836 |
| Restricted cash, net of current portion | 2,409 | 3,406 |
| Long-term marketable securities | 23,264 | 36,959 |
| Other non-current assets | 3,213 | 2,797 |
| Total assets | $180,425 | $226,240 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $5,163 | $3,992 |
| Accrued expenses and other current liabilities | 5,659 | 6,171 |
| Operating lease liabilities, current portion | 2,425 | 1,284 |
| Deferred revenue, current portion | 3,926 | 3,513 |
| Total current liabilities | 17,173 | 14,960 |
| Operating lease liabilities, net of current portion | 42,207 | 43,481 |
| Deferred revenue, net of current portion | 4,502 | 5,912 |
| Other non-current liabilities | 1,440 | 1,472 |
| Total liabilities | 65,322 | 65,825 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized at June 30, 2025 and December 31, 2024; no shares issued and outstanding at June 30, 2025 and December 31, 2024 | — | — |
| Common stock, $0.001 par value; 200,000,000 shares authorized at June 30, 2025 and December 31, 2024; 9,390,842 shares and 9,377,259 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively | 9 | 9 |
| Additional paid-in capital | 430,660 | 426,724 |
| Accumulated other comprehensive income | 177 | 268 |
| Accumulated deficit | (315,743) | (266,586) |
| Total stockholders’ equity | 115,103 | 160,415 |
| Total liabilities and stockholders' equity | $180,425 | $226,240 |
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