Jade Biosciences, Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
JBIO$15.60+3.5%Stored close · as of Nov 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)
| March 31,2026 | December 31,2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $55,085 | $88,438 |
| Investments | 256,210 | 247,720 |
| Prepaid expenses and other current assets | 7,222 | 12,658 |
| Total current assets | 318,517 | 348,816 |
| Property and equipment, net | 157 | 170 |
| Operating lease right-of-use asset | 690 | 726 |
| Other assets | 69 | 69 |
| Total assets | $319,433 | $349,781 |
| Liabilities, Convertible Preferred Stock and Stockholders' Equity (Deficit) | ||
| Current liabilities: | ||
| Accounts payable | 3,979 | 2,151 |
| Accrued expenses and other current liabilities | 14,852 | 9,419 |
| Related party accrued expenses and other current liabilities | 794 | 4,969 |
| Warrant liability, related party | 2,667 | — |
| Total current liabilities | 22,292 | 16,539 |
| Long-term liabilities: | ||
| Long-term lease liability | 679 | 724 |
| Total liabilities | 22,971 | 17,263 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Series A non-voting convertible preferred stock, $0.0001 par value; 12,622 shares authorized as of both March 31, 2026 and December 31, 2025; 12,622 shares issued and outstanding as of both March 31, 2026 and December 31, 2025 | 2 | 2 |
| Common stock, $0.0001 par value; 300,000,000 shares authorized as of March 31, 2026 and December 31, 2025, respectively; 49,345,967 and 49,316,287 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 5 | 5 |
| Additional paid-in capital | 511,554 | 506,771 |
| Accumulated other comprehensive (loss) income | (342) | 129 |
| Accumulated deficit | (214,757) | (174,389) |
| Total stockholders’ equity | 296,462 | 332,518 |
| Total liabilities and stockholders' equity | $319,433 | $349,781 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.