Passage BIO, Inc.
For the period ended Sep 30, 2025. Filed Nov 10, 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.
Sep 30, 2025 · Filed Nov 10, 2025
PASG$3.43-13.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · · (Unaudited) · · · | ||||||
| (in thousands, except share and per share data) · September 30, 2025 · December 31, 2024 | ||||||
| Assets · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $52,773 | | $37,573 | ||
| Marketable securities | | | — | | | 39,183 |
| Prepaid expenses and other current assets | | 1,637 | | 838 | ||
| Prepaid research and development | | 1,320 | | 1,221 | ||
| Total current assets | | 55,730 | | 78,815 | ||
| Property and equipment, net | | 5,159 | | 9,331 | ||
| Right of use assets - operating leases | | | 13,001 | | 13,803 | |
| Other assets | | 270 | | 463 | ||
| Total assets | | $74,160 | | $102,412 | ||
| Liabilities and stockholders’ equity | | | | |||
| Current liabilities: | | | | |||
| Accounts payable | | $952 | | $742 | ||
| Accrued expenses and other current liabilities | | 4,001 | | 6,707 | ||
| Non-refundable sublicense and transition services payments | | | 13,750 | | | 8,226 |
| Operating lease liabilities | | | 3,542 | | 3,688 | |
| Total current liabilities | | 22,245 | | 19,363 | ||
| Operating lease liabilities - noncurrent | | 20,795 | | 21,788 | ||
| Total liabilities | | 43,040 | | 41,151 | ||
| | | | | | | |
| Commitments and contingencies (note 11) | | | | |||
| | | | | | | |
| Stockholders’ equity: | | | | |||
| Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding at both September 30, 2025 and December 31, 2024 | | | — | | | — |
| Common stock, $0.0001 par value: 300,000,000 shares authorized; 3,178,710 shares issued and outstanding at September 30, 2025 and 3,161,503 shares issued and outstanding at December 31, 2024 | | — | | — | ||
| Additional paid‑in capital | | 722,894 | | 720,488 | ||
| Accumulated other comprehensive income (loss) | | | — | | | 8 |
| Accumulated deficit | | (691,774) | | (659,235) | ||
| Total stockholders’ equity | | 31,120 | | 61,261 | ||
| Total liabilities and stockholders’ equity | | $74,160 | | $102,412 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.