Foghorn Therapeutics Inc
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
FHTX$1.87-1.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $55,454 | $80,336 |
| Marketable securities | 188,293 | 153,721 |
| Prepaid expenses and other current assets | 5,854 | 6,124 |
| Total current assets | 249,601 | 240,181 |
| Property and equipment, net | 9,964 | 12,956 |
| Restricted cash | 1,708 | 1,708 |
| Other assets | 68 | 1,115 |
| Operating lease right-of-use assets | 22,641 | 29,956 |
| Total assets | $283,982 | $285,916 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $3,785 | $6,260 |
| Accrued expenses and other current liabilities | 8,531 | 9,108 |
| Operating lease liabilities | 9,067 | 8,518 |
| Deferred revenue | 45,606 | 34,550 |
| Total current liabilities | 66,989 | 58,436 |
| Operating lease liabilities, net of current portion | 28,064 | 36,555 |
| Deferred revenue, net of current portion | 234,457 | 268,115 |
| Total liabilities | 329,510 | 363,106 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ deficit: | ||
| Preferred stock, $0.0001 par value; 25,000,000 shares authorized as of December 31, 2024 and 2023; no shares issued and outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, $0.0001 par value; 175,000,000 shares authorized at December 31, 2024 and 2023; 55,594,131 shares issued and outstanding at December 31, 2024 and 42,282,040 shares issued and outstanding at December 31, 2023 | 6 | 4 |
| Additional paid-in capital | 512,515 | 395,196 |
| Accumulated other comprehensive gain (loss) | 135 | (826) |
| Accumulated deficit | (558,184) | (471,564) |
| Total stockholders’ deficit | (45,528) | (77,190) |
| Total liabilities and stockholders’ deficit | $283,982 | $285,916 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.