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Aclaris Therapeutics, Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

View on SEC.gov

About this filing

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.

FY2025 · Filed Feb 26, 2026

ACRS$4.24+8.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

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​Page
PART I​
Item 1. Business4
Item 1A. Risk Factors22
Item 1B. Unresolved Staff Comments64
Item 1C. Cybersecurity64
Item 2. Properties65
Item 3. Legal Proceedings66
Item 4. Mine Safety Disclosures66
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PART II​
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities67
Item 6. [Reserved]67
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations68
Item 7A. Quantitative and Qualitative Disclosures About Market Risk81
Item 8. Financial Statements and Supplementary Data82
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure108
Item 9A. Controls and Procedures108
Item 9B. Other Information109
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections109
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PART III​
Item 10. Directors, Executive Officers and Corporate Governance110
Item 11. Executive Compensation114
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters124
Item 13. Certain Relationships and Related Transactions, and Director Independence126
Item 14. Principal Accountant Fees and Services128
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PART IV​
Item 15. Exhibits and Financial Statement Schedules129
Signatures133
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.