Akebia Therapeutics, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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, 2025 · Filed Aug 7, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
Form 10-Q
For the Quarter Ended June 30, 2025
TABLE OF CONTENTS
| Page | ||
|---|---|---|
| Part I | ||
| Item 1 | Financial Statements (Unaudited) | 2 |
| Condensed Consolidated Balance Sheets | 2 | |
| Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) | 3 | |
| Condensed Consolidated Statements of Stockholders' Equity (Deficit) | 4 | |
| Condensed Consolidated Statements of Cash Flows | 5 | |
| Notes to the Condensed Consolidated Financial Statements | 6 | |
| Item 2 | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 29 |
| Item 3 | Quantitative and Qualitative Disclosures About Market Risk | 44 |
| Item 4 | Controls and Procedures | 44 |
| Part II | 45 | |
| Item 1 | Legal Proceedings | 45 |
| Item 1A | Risk Factors | 45 |
| Item 2 | Unregistered Sales of Equity Securities and Use of Proceeds | 106 |
| Item 3 | Defaults Upon Senior Securities | 106 |
| Item 4 | Mine Safety Disclosures | 106 |
| Item 5 | Other Information | 106 |
| Item 6 | Exhibits | 107 |
| Signatures | 108 | |
In this Quarterly Report on Form 10-Q, unless otherwise stated or the context otherwise requires, references to “Akebia,” “we,” “us,” “our,” “the Company,” "our Company" and similar references refer to Akebia Therapeutics, Inc. and, where appropriate, its consolidated subsidiaries. On December 12, 2018, in connection with the consummation of the merger, or Merger, with Keryx Biopharmaceuticals, Inc., or Keryx, Keryx became a wholly owned subsidiary of the Company.
AURYXIA®, AKEBIA Therapeutics®, Vafseo® and their associated logos are trademarks of Akebia and/or its affiliates. All other trademarks, trade names and service marks appearing in this Quarterly Report on Form 10-Q are the property of their respective owners. Solely for convenience, trademarks, trade names, and service marks referred to in this Quarterly Report on Form 10-Q may appear without the ® or TM symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks, or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other company.
PART I—FINANCIAL INFORMATION
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.