Denali Therapeutics Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 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.
Sep 30, 2026 · Filed Nov 3, 2026
DNLI$20.33+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share amounts)
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $102,870 | $205,326 |
| Short-term marketable securities | 413,326 | 662,553 |
| Accounts receivable, net | 18,882 | — |
| Inventory | 26,275 | — |
| Prepaid expenses and other current assets | 30,355 | 32,779 |
| Total current assets | 591,708 | 900,658 |
| Long-term marketable securities | 491,376 | 98,322 |
| Property and equipment, net | 47,907 | 52,402 |
| Finance lease right-of-use asset | 45,784 | 48,531 |
| Operating lease right-of-use asset | 15,612 | 19,002 |
| Intangible asset, net | 34,500 | — |
| Other non-current assets | 29,148 | 25,939 |
| Total assets | $1,256,035 | $1,144,854 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $13,700 | $505 |
| Accrued expenses and other current liabilities | 81,558 | 97,846 |
| Total current liabilities | 95,258 | 98,351 |
| Operating lease liability, less current portion | 19,280 | 27,210 |
| Finance lease liability, less current portion | 5,449 | 5,532 |
| Liability related to the revenue participation right agreement | 209,661 | — |
| Total liabilities | 329,648 | 131,093 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' equity: | ||
| Convertible preferred stock, $0.01 par value; 40,000,000 shares authorized as of September 30, 2026 and December 31, 2025; 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025 | — | — |
| Common stock, $0.01 par value; 400,000,000 shares authorized as of September 30, 2026 and December 31, 2025; 160,257,940 shares and 156,182,177 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | 1,929 | 1,888 |
| Additional paid-in capital | 3,168,215 | 3,062,715 |
| Accumulated other comprehensive income (loss) | (6,359) | 682 |
| Accumulated deficit | (2,237,398) | (2,051,524) |
| Total stockholders' equity | 926,387 | 1,013,761 |
| Total liabilities and stockholders’ equity | $1,256,035 | $1,144,854 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.