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FibroBiologics Inc

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

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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.

FY2023 · Filed Feb 29, 2024

FBLG$0.92-3.5%Stored close · as of Nov 10, 2026

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

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Contents

Balance Sheets as of December 31, 2023 and 2022

Balance Sheets

(in thousands, except shares and per share data)

December 31,
20232022
Assets
Current assets
Cash and cash equivalents$9,163$2,266
Prepaid expenses3629
Parent company receivable—300
Other current assets1630
Total current assets9,2152,625
Property and equipment, net797—
Operating lease right-of-use asset, net1,8092,199
Total assets$11,821$4,824
Liabilities and stockholders’ equity/(deficit)
Current liabilities
Accounts payable and accrued expenses$1,444$758
Parent company payable141—
Operating lease liability, short-term362326
Liability instrument7,236—
Derivative liability—538
Convertible notes payable, net of debt discount—5,451
Total current liabilities9,1837,073
Operating lease liability, long-term1,3851,747
Total liabilities10,5688,820
Stockholders’ equity/(deficit)
Net Parent investment—1,461
Preferred Stock, $0.00001 par value; 8,750,000 Series A Preferred shares authorized, issued and outstanding as of December 31, 2023 and 2022——
Preferred Stock, $0.00001 par value; 5,000,000 Series B Preferred shares authorized; 4,171,445 shares issued and outstanding as of December 31, 2023; 381,658 shares issued and outstanding as of December 31, 2022——
Preferred Stock, $0.00001 par value; 5,000,000 Series B-1 Preferred shares authorized; 89,781 shares issued and outstanding as of December 31, 2023; no shares issued and outstanding as of December 31, 2022——
Preferred Stock, $0.00001 par value; 2,500 Series C Preferred shares authorized; no shares issued and outstanding as of December 31, 2023 and 2022——
Non-voting Common Stock, $0.00001 par value; 30,000,000 shares authorized; 28,230,842 shares issued and outstanding as of December 31, 2023, and 202211
Voting Common Stock, $0.00001 par value; 100,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and 2022——
Additional paid-in capital25,6092,414
Accumulated deficit(24,357)(7,872)
Total stockholders’ equity/(deficit)1,253(3,996)
Total liabilities and stockholders’ equity/(deficit)$11,821$4,824
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.