HYPERION DEFI, INC.
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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FY2024 · Filed Apr 15, 2025
HYPD$2.59+0.4%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, 2024 and 2023
Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, | ||||||
| | 2024 | 2023 | ||||
| Assets | | | | | | |
| | | | | | | |
| Current Assets · · · · | ||||||
| Cash and cash equivalents | | $2,121,463 | | $14,849,057 | ||
| Inventories | | | — | | | 109,798 |
| Deferred clinical supply costs | | | — | | | 4,256,793 |
| License fee and expense reimbursements receivable | | | 24,827 | | | 123,833 |
| Security deposits, current | | | 14,968 | | | 1,506 |
| Prepaid expenses and other current assets | | | 605,941 | | 1,365,731 | |
| Total Current Assets | | | 2,767,199 | | 20,706,718 | |
| | | | | | | |
| Property and equipment, net | | | — | | 3,374,384 | |
| Security deposits, non-current | | | 182,200 | | 197,168 | |
| Intangible assets | | | — | | | 2,122,945 |
| Operating lease right-of-use asset | | | 718,360 | | | 1,666,718 |
| Equipment deposits | | | — | | | 711,441 |
| Total Assets | | $3,667,759 | | $28,779,374 | ||
| | | | | | | |
| Liabilities and Stockholders’ Equity | | | | | ||
| | | | | | | |
| Current Liabilities: | | | | | ||
| Accounts payable | | $2,199,768 | | $1,753,172 | ||
| Accrued compensation | | | 144,161 | | 1,658,613 | |
| Accrued expenses and other current liabilities | | | 3,178,513 | | 287,928 | |
| Operating lease liabilities - current portion | | | 575,163 | | | 501,250 |
| Notes payable - current portion, net of debt discount of $527,870 and $503,914 as of December 31, 2024 and 2023, respectively | | | 5,212,532 | | | 5,329,419 |
| Convertible notes payable - current portion, net of debt discount of $263,930 and $0 as of December 31, 2024 and 2023, respectively | | | 4,736,070 | | | — |
| | | | | | | |
| Total Current Liabilities | | | 16,046,207 | | 9,530,382 | |
| | | | | | | |
| Operating lease liabilities - non-current portion | | | 717,504 | | | 1,292,667 |
| Notes payable - non-current portion, net of debt discount of $0 and $448,367 as of December 31, 2024 and 2023, respectively | | | — | | | 4,355,800 |
| Convertible notes payable - non-current portion, net of debt discount of $0 and $398,569 as of December 31, 2024 and 2023, respectively | | | — | | | 4,601,431 |
| | | | | | | |
| Total Liabilities | | | 16,763,711 | | 19,780,280 | |
| | | | | | | |
| Commitments and contingencies (Note 9) | | | | | ||
| | | | | | | |
| Stockholders’ Equity: | | | | | ||
| Preferred stock, $0.0001 par value, 6,000,000 shares authorized; none issued and outstanding as of December 31, 2024 and 2023 | | | | | ||
| Common stock, $0.0001 par value, 300,000,000 shares authorized; 1,506,369 and 569,409 shares issued and outstanding as of December 31, 2024 and 2023, respectively | | | 151 | | 57 | |
| Additional paid-in capital | | | 182,213,889 | | 154,490,596 | |
| Accumulated deficit | | | (195,309,992) | | (145,491,559) | |
| | | | | | | |
| Total Stockholders’ Equity | | | (13,095,952) | | 8,999,094 | |
| | | | | | | |
| Total Liabilities and Stockholders’ Equity | | $3,667,759 | | $28,779,374 | ||
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