PepGen Inc.

For the period ended Dec 31, 2025. Filed Mar 4, 2026.

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 Mar 4, 2026

PEPG$2.39-3.2%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(IN THOUSANDS, EXCEPT SHARE AND PAR VALUE AMOUNTS)

	December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$60,514	$49,421
Marketable securities	87,942	70,770
Prepaid expenses and other current assets	2,507	3,570
Total current assets	$150,963	$123,761
Property and equipment, net	1,903	3,716
Operating lease right-of-use asset	19,121	21,432
Restricted cash	1,548	1,548
Other assets	372	426
Total assets	$173,907	$150,883
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$822	$1,752
Accrued expenses	8,637	11,850
Operating lease liability	3,187	3,094
Total current liabilities	12,646	16,696
Operating lease liability, net of current portion	13,817	15,567
Total liabilities	26,463	32,263
Stockholders’ equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at December 31, 2025 and 2024, respectively	—	—
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2025 and 2024, respectively; 68,874,944 and 32,619,663 shares issued and outstanding as of December 31, 2025 and 2024, respectively	7	3
Additional paid-in capital	508,544	390,057
Accumulated other comprehensive income	11	23
Accumulated deficit	(361,118)	(271,463)
Total stockholders’ equity	147,444	118,620
Total liabilities and stockholders’ equity	$173,907	$150,883

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.