ARVINAS INC
For the period ended Mar 31, 2024. Filed May 7, 2024.
View on SEC.govAbout 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.
Mar 31, 2024 · Filed May 7, 2024
ARVN$6.76+5.5%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 exhibitsContents
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (unaudited)
| (dollars and shares in millions, except per share amounts) | March 31,2024 | December 31,2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $88.0 | $311.7 |
| Restricted cash | 5.5 | 5.5 |
| Marketable securities | 1,081.3 | 949.3 |
| Other receivables | 7.1 | 7.2 |
| Prepaid expenses and other current assets | 8.4 | 6.5 |
| Total current assets | 1,190.3 | 1,280.2 |
| Property, equipment and leasehold improvements, net | 10.4 | 11.5 |
| Operating lease right of use assets | 2.0 | 2.5 |
| Collaboration contract asset and other assets | 9.9 | 10.4 |
| Total assets | $1,212.6 | $1,304.6 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $76.4 | $92.2 |
| Deferred revenue | 162.9 | 163.0 |
| Current portion of operating lease liabilities | 1.5 | 1.9 |
| Total current liabilities | 240.8 | 257.1 |
| Deferred revenue | 361.0 | 386.2 |
| Long term debt | 0.7 | 0.8 |
| Operating lease liabilities | 0.4 | 0.5 |
| Total liabilities | 602.9 | 644.6 |
| Commitments and Contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, zero shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $0.001 par value; 68.3 and 68.0 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 0.1 | 0.1 |
| Accumulated deficit | (1,402.1) | (1,332.7) |
| Additional paid-in capital | 2,016.1 | 1,995.7 |
| Accumulated other comprehensive loss | (4.4) | (3.1) |
| Total stockholders’ equity | 609.7 | 660.0 |
| Total liabilities and stockholders’ equity | $1,212.6 | $1,304.6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.