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Praxis Precision Medicines Inc

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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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.

FY2024 · Filed Feb 28, 2025

PRAX$332.97+19.9%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,
20242023
Assets
Current assets:
Cash and cash equivalents$215,372$81,300
Marketable securities177,195—
Prepaid expenses and other current assets11,8053,580
Total current assets404,37284,880
Long-term marketable securities76,961—
Property and equipment, net230588
Operating lease right-of-use assets1,1312,064
Other non-current assets416416
Total assets$483,110$87,948
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$12,528$5,815
Accrued expenses23,7637,416
Operating lease liabilities1,2591,126
Current portion of deferred revenue—1,392
Total current liabilities37,55015,749
Long-term liabilities:
Non-current portion of operating lease liabilities1101,369
Non-current portion of deferred revenue—1,161
Total liabilities37,66018,279
Commitments and contingencies (Note 8)
Stockholders’ equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued or outstanding as of December 31, 2024 and December 31, 2023——
Common stock, $0.0001 par value; 150,000,000 shares authorized; 19,422,358 shares issued and outstanding as of December 31, 2024, and 8,791,877 shares issued and outstanding as of December 31, 20231413
Additional paid-in capital1,281,522723,577
Accumulated other comprehensive gain654—
Accumulated deficit(836,740)(653,921)
Total stockholders’ equity445,45069,669
Total liabilities and stockholders’ equity$483,110$87,948
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.