Longeveron Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
LGVN$2.84+41.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31, 2023 and 2022
Balance Sheets
(In thousands, except share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $4,949 | $10,503 |
| Marketable equity securities | 412 | 9,155 |
| Prepaid expenses and other current assets | 376 | 404 |
| Accounts and grants receivable | 111 | 218 |
| Total current assets | 5,848 | 20,280 |
| Property and equipment, net | 2,529 | 2,949 |
| Intangible assets, net | 2,287 | 2,409 |
| Operating lease asset | 1,221 | 1,531 |
| Other assets | 193 | 244 |
| Total assets | $12,078 | $27,413 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | 638 | 1,751 |
| Accrued expenses | 2,152 | 650 |
| Current portion of operating lease liability | 593 | 564 |
| Estimated lawsuit liability | - | 1,398 |
| Deferred revenue | 506 | 506 |
| Total current liabilities | 3,889 | 4,869 |
| Long-term liabilities: | ||
| Long-term portion of operating lease liability | 1,448 | 2,041 |
| Total long-term liabilities | 1,448 | 2,041 |
| Total liabilities | 5,337 | 6,910 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ Equity: | ||
| Preferred stock, $0.001 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2023 and December 31, 2022 | - | - |
| Class A common stock, $0.001 par value per share, 84,295,000 shares authorized, 10,251,764 shares issued and outstanding at December 31, 2023; 6,127,320 issued and outstanding at December 31, 2022 | 10 | 6 |
| Class B common stock, $0.001 par value per share, 15,705,000 shares authorized, 14,855,539 shares issued and outstanding at December 31, 2023; 14,891,085 issued and outstanding at December 31, 2022 | 15 | 15 |
| Additional paid-in capital | 91,800 | 83,712 |
| Stock subscription receivable | (100) | (100) |
| Accumulated deficit | (84,984) | (62,773) |
| Accumulated other comprehensive loss | - | (357) |
| Total stockholders’ equity | 6,741 | 20,503 |
| Total liabilities and stockholders’ equity | $12,078 | $27,413 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.