Braveheart Bio, Inc.
For the period ended Jun 30, 2026. Filed Sep 8, 2026.
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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, 2026 · Filed Sep 8, 2026
BRVE$19.62+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
Condensed Balance Sheets (unaudited)
(in thousands, except share and par value data)
| As ofJune 30,2026 | As ofDecember 31,2025 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $122,831 | $89,161 |
| Prepaid expenses and other current assets | 614 | 119 |
| Total current assets | 123,445 | 89,280 |
| Property and equipment, net | 23 | — |
| Operating lease right-of-use assets | 607 | — |
| Deferred offering costs | 2,811 | — |
| Other long-term assets | 70 | 70 |
| Total assets | $126,956 | $89,350 |
| Liabilities, redeemable convertible preferred stock, and stockholders’ deficit | ||
| Current liabilities | ||
| Accounts payable (includes related party amounts of $0 and $73, respectively) | $2,669 | $1,058 |
| Accrued expenses and other current liabilities (includes related party amounts of $389 and $3,272, respectively) | 6,012 | 4,184 |
| Current portion of lease liabilities | 377 | — |
| Total current liabilities | 9,058 | 5,242 |
| Lease liabilities, net of current portion | 198 | — |
| Other long-term liabilities | 86 | 91 |
| Total liabilities | 9,342 | 5,333 |
| Commitments and contingencies (Note 6) | ||
| Series A redeemable convertible preferred stock, $0.0001 par value; 185,000,000 shares authorized at June 30, 2026 and December 31, 2025; 185,000,000 and 125,000,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively; $185,000 and $125,000 liquidation preference at June 30, 2026 and December 31, 2025, respectively | 187,845 | 124,214 |
| Nonvoting Series A redeemable convertible preferred stock, $0.0001 par value; 32,500,000 shares authorized, issued and outstanding at June 30, 2026 and December 31, 2025; $32,500 liquidation preference at June 30, 2026 and December 31, 2025 | 25,675 | 25,675 |
| Stockholders’ deficit | ||
| Common stock, $0.0001 par value; 335,500,000 shares authorized at June 30, 2026 and December 31, 2025 (303,000,000 voting and 32,500,000 nonvoting); 15,943,937 shares issued at June 30, 2026 and December 31, 2025; and 7,535,986 and 6,685,088 shares outstanding at June 30, 2026 and December 31, 2025, respectively | 1 | 1 |
| Additional paid-in capital | — | 179 |
| Accumulated deficit | (95,907) | (66,052) |
| Total stockholders’ deficit | (95,906) | (65,872) |
| Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit | $126,956 | $89,350 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.