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Werewolf Therapeutics, Inc.

For the period ended Dec 31, 2025. Filed Mar 27, 2026.

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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.

FY2025 · Filed Mar 27, 2026

HOWL$1.010.0%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(amounts in thousands, except share and per share amounts)

December 31,
20252024
Assets
Current assets:
Cash and cash equivalents$57,050$110,995
Prepaid expenses and other current assets1,5362,071
Total current assets58,586113,066
Property and equipment, net4,6886,322
Restricted cash and cash equivalents9011,220
Operating lease right of use asset5,2166,001
Other assets5320
Total assets$69,396$126,929
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$754$3,035
Accrued expenses and other current liabilities5,40710,588
Operating lease liability, current1,7511,557
Note payable, current, net of discount and issuance costs28,236—
Total current liabilities36,14815,180
Operating lease liability, net of current portion7,6849,435
Note payable, net of discount, issuance costs, and current portion—26,095
Derivative liability7592,829
Total liabilities44,59153,539
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value, 5,000,000 shares authorized as of December 31, 2025 and 2024; no shares issued or outstanding as of December 31, 2025 and 2024——
Common stock, $0.0001 par value, 200,000,000 shares authorized as of December 31, 2025 and 2024; 48,596,817 and 44,827,159 shares issued and outstanding as of December 31, 2025 and 2024, respectively55
Additional paid-in capital500,210487,973
Accumulated deficit(475,410)(414,588)
Total stockholders’ equity24,80573,390
Total liabilities and stockholders’ equity$69,396$126,929
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.