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Ovid Therapeutics Inc

For the period ended Jun 30, 2024. Filed Aug 13, 2024.

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About this filing

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.

Jun 30, 2024 · Filed Aug 13, 2024

OVID$2.850.0%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 and per share data)June 30,2024December 31,2023
Assets · (unaudited)
Current assets:
Cash and cash equivalents$29,694$27,042
Marketable securities47,28078,792
Prepaid expenses and other current assets3,9153,764
Total current assets80,889109,598
Long-term equity investments21,05217,626
Restricted cash1,9311,931
Right-of-use asset, net13,35713,894
Property and equipment, net618769
Other noncurrent assets246210
Total assets$118,093$144,027
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$4,720$3,703
Accrued expenses8,1086,525
Current portion, lease liability1,2911,246
Total current liabilities14,11911,474
Long-term liabilities:
Lease liability14,09914,756
Royalty monetization liability97230,000
Total liabilities29,19056,230
Stockholders’ equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; Series A convertible preferred stock, 10,000 shares designated, 1,250 shares issued and outstanding at June 30, 2024 and December 31, 2023——
Common stock, $0.001 par value; 125,000,000 shares authorized; 70,971,577 and 70,691,992 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively7171
Additional paid-in-capital369,883365,591
Accumulated other comprehensive (loss) income(12)1
Accumulated deficit(281,039)(277,866)
Total stockholders’ equity88,90387,797
Total liabilities and stockholders’ equity$118,093$144,027
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.