Werewolf Therapeutics, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 2025.
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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, 2025 · Filed Nov 4, 2025
HOWL$0.97-4.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of and
Condensed Consolidated Balance Sheets (unaudited)
(amounts in thousands, except share and per share amounts)
| September 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $65,711 | $110,995 |
| Prepaid expenses and other current assets | 2,462 | 2,071 |
| Total current assets | 68,173 | 113,066 |
| Property and equipment, net | 5,088 | 6,322 |
| Restricted cash and cash equivalents | 898 | 1,220 |
| Operating lease right of use asset | 5,422 | 6,001 |
| Other assets | 46 | 320 |
| Total assets | $79,627 | $126,929 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $1,078 | $3,035 |
| Accrued expenses and other current liabilities | 9,021 | 10,588 |
| Operating lease liability, current | 1,504 | 1,557 |
| Note payable, current | 6,000 | — |
| Total current liabilities | 17,603 | 15,180 |
| Operating lease liability, net of current portion | 8,140 | 9,435 |
| Note payable, net of discount, issuance costs, and current portion | 21,656 | 26,095 |
| Derivative liability | 2,614 | 2,829 |
| Total liabilities | 50,013 | 53,539 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized as of September 30, 2025 and December 31, 2024; no shares issued or outstanding as of September 30, 2025 and December 31, 2024 | — | — |
| Common stock, $0.0001 par value, 200,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 47,273,685 and 44,827,159 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 5 | 5 |
| Additional paid-in capital | 496,638 | 487,973 |
| Accumulated deficit | (467,029) | (414,588) |
| Total stockholders’ equity | 29,614 | 73,390 |
| Total liabilities and stockholders’ equity | $79,627 | $126,929 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.