LENZ Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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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, 2024 · Filed Nov 6, 2024
LENZ$4.29+22.6%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 for shares and par value)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $41,046 | $35,140 |
| Marketable securities | 176,061 | 30,654 |
| Prepaid expenses and other current assets | 3,483 | 1,450 |
| Restricted cash | 114 | — |
| Total current assets | 220,704 | 67,244 |
| Property and equipment, net | 372 | 54 |
| Operating lease right-of-use asset | 1,533 | 318 |
| Deferred offering costs | — | 2,739 |
| Other assets | 1,398 | 21 |
| Total assets | $224,007 | $70,376 |
| Liabilities, convertible preferred and common stock and stockholders’ equity (deficit) | ||
| Current liabilities: | ||
| Accounts payable | $2,762 | $5,711 |
| Accrued liabilities | 4,948 | 12,803 |
| Total current liabilities | 7,710 | 18,514 |
| Operating lease liability, net | 953 | 192 |
| Other noncurrent liabilities | 64 | 121 |
| Preferred stock warrants liability | — | 871 |
| Total liabilities | 8,727 | 19,698 |
| Commitments and contingencies (Note 6) | ||
| Convertible preferred and common stock: | ||
| Series A convertible preferred stock, par value of $0.001 per share; no shares and 22,791,777 shares authorized at September 30, 2024 and December 31, 2023, respectively; no shares and 21,977,282 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | 44,621 |
| Series A-1 convertible preferred stock, par value of $0.001 per share; no shares and 2,950,548 shares authorized at September 30, 2024 and December 31, 2023, respectively; no shares and 2,950,548 issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | 9,893 |
| Series B convertible preferred stock, par value of $0.001 per share; no shares and 28,019,181 shares authorized at September 30, 2024 and December 31, 2023, respectively; no shares and 28,019,181 issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | 82,976 |
| Class B convertible common stock, par value of $0.001 per share; no shares and 2,744,184 shares authorized at September 30, 2024 and December 31, 2023, respectively; no shares and 2,744,184 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | 5,900 |
| Total convertible preferred and common stock | — | 143,390 |
| Stockholders' equity (deficit) (1): | ||
| Common stock, par value of $0.00001 per share; 300,000,000 and 16,017,929 shares authorized at September 30, 2024 and December 31, 2023, respectively; 27,500,401 and 2,004,783 shares issued at September 30, 2024 and December 31, 2023, respectively; and 27,480,634 and 1,969,360 shares outstanding at September 30, 2024 and December 31, 2023, respectively | — | 10 |
|---|---|---|
| Additional paid-in capital | 347,119 | 2,517 |
| Accumulated deficit | (132,362) | (95,245) |
| Accumulated other comprehensive income | 523 | 6 |
| Total stockholders’ equity (deficit) | 215,280 | (92,712) |
| Total liabilities, convertible preferred and common stock and stockholders’ equity (deficit) | $224,007 | $70,376 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.