Keros Therapeutics, Inc.
For the period ended Mar 31, 2026. Filed May 14, 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.
Mar 31, 2026 · Filed May 14, 2026
KROS$9.33+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets
| MARCH 31,2026 | DECEMBER 31,2025 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $281,497 | $287,415 |
| Accounts receivable | 400 | 3,567 |
| Prepaid expenses and other current assets | 6,530 | 22,202 |
| Current income tax receivable | 2,250 | 2,250 |
| Total current assets | 290,677 | 315,434 |
| Operating lease right-of-use assets | 16,205 | 16,841 |
| Property and equipment, net | 3,962 | 4,297 |
| Restricted cash | 1,449 | 1,449 |
| TOTAL ASSETS | $312,293 | $338,021 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $1,493 | $1,967 |
| Current portion of operating lease liabilities | 2,501 | 2,408 |
| Accrued expenses and other current liabilities | 8,859 | 16,039 |
| Total current liabilities | 12,853 | 20,414 |
| Operating lease liabilities, net of current portion | 13,810 | 14,475 |
| Total liabilities | 26,663 | 34,889 |
| STOCKHOLDERS' EQUITY: | ||
| Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized as of March 31, 2026 and December 31, 2025; no shares issued and outstanding | — | — |
| Series A junior participating preferred stock, par value of $0.0001 per share; 500,000 shares authorized as of March 31, 2026 and December 31, 2025; no shares issued and outstanding | — | — |
| Common stock, par value of $0.0001 per share; 200,000,000 shares authorized as of March 31, 2026 and December 31, 2025; 40,859,597 shares issued and 19,732,837 shares outstanding as of March 31, 2026 and 40,670,466 shares issued and 19,543,706 shares outstanding as of December 31, 2025 | 4 | 4 |
| Treasury stock, at cost; 21,126,760 shares as of March 31, 2026 and December 31, 2025 | (384,558) | (384,558) |
| Additional paid-in capital | 1,175,657 | 1,169,451 |
| Accumulated deficit | (505,473) | (481,765) |
| Total stockholders' equity | 285,630 | 303,132 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $312,293 | $338,021 |
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