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Keros Therapeutics, Inc.

For the period ended Dec 31, 2025. Filed Mar 4, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 4, 2026

KROS$9.17-2.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Consolidated Balance Sheets

DECEMBER 31,
20252024
ASSETS
CURRENT ASSETS:
Cash and cash equivalents$287,415$559,931
Accounts receivable3,5672,742
Prepaid expenses and other current assets22,20226,220
Current income tax receivable2,250—
Total current assets315,434588,893
Operating lease right-of-use assets16,84119,251
Property and equipment, net4,2974,237
Restricted cash1,4491,449
Other long term assets—2,056
TOTAL ASSETS$338,021$615,886
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable$1,967$4,602
Current portion of operating lease liabilities2,4081,978
Accrued expenses and other current liabilities16,03920,870
Total current liabilities20,41427,450
Operating lease liabilities, net of current portion14,47516,883
Total liabilities34,88944,333
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS’ EQUITY:
Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized as of December 31, 2025 and 2024; no shares issued and outstanding——
Series A junior participating preferred stock, par value of $0.0001 per share; 500,000 and no shares authorized as of December 31, 2025 and December 31, 2024, respectively; no shares issued and outstanding——
Common stock, par value of $0.0001 per share; 200,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 40,670,466 shares issued and 19,543,706 shares outstanding as of December 31, 2025 and 40,554,705 shares issued and outstanding as of December 31, 202444
Treasury stock, at cost; 21,126,760 and no shares as of December 31, 2025 and December 31, 2024, respectively(384,558)—
Additional paid-in capital1,169,4511,140,328
Accumulated deficit(481,765)(568,779)
Total stockholders’ equity303,132571,553
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$338,021$615,886
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.