Skip to main content

Passage BIO Inc

For the period ended Dec 31, 2023. Filed Mar 4, 2024.

View on SEC.gov

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 Mar 4, 2024

PASG$3.43-13.7%Stored close · as of Nov 9, 2026

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

See the whole filing, with its images and exhibits

Balance Sheets

​​​​​​​
​ · ​ · December 31,
(in thousands, except share and per share data) · ​ · 2023 · ​ · 2022
Assets · ​ · ​ · ​ · ​
Current assets: · ​ · ​ · ​ · ​
Cash and cash equivalents​$21,709​$34,601
Marketable securities​​92,585​​155,009
Prepaid expenses and other current assets​923​926
Prepaid research and development​2,742​6,508
Total current assets​117,959​197,044
Property and equipment, net​15,295​22,515
Right of use assets - operating leases​​16,858​19,723
Other assets​433​4,267
Total assets​$150,545​$243,549
Liabilities and stockholders’ equity​​​​
Current liabilities:​​​​
Accounts payable​$1,298​$4,065
Accrued expenses and other current liabilities​11,670​11,011
Operating lease liabilities​​3,373​3,275
Total current liabilities​16,341​18,351
Operating lease liabilities - noncurrent​22,921​23,832
Total liabilities​39,262​42,183
​​​​​​​
Commitments and contingencies (note 10)​​​​
​​​​​​​
Stockholders’ equity:​​​​
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding at both December 31, 2023 and December 31, 2022​​—​​—
Common stock, $0.0001 par value: 300,000,000 shares authorized; 54,944,130 shares issued and outstanding at December 31, 2023 and 54,614,690 shares issued and outstanding at December 31, 2022​5​5
Additional paid‑in capital​705,789​694,733
Accumulated other comprehensive income (loss)​​(43)​​(966)
Accumulated deficit​(594,468)​(492,406)
Total stockholders’ equity​111,283​201,366
Total liabilities and stockholders’ equity​$150,545​$243,549

Passage Bio, Inc.

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.