Zymeworks Inc
For the period ended Sep 30, 2024. Filed Oct 31, 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 Oct 31, 2024
ZYME$30.81+4.0%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
(Expressed in thousands of U.S. dollars except share data)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets · (unaudited) | ||
| Current assets: | ||
| Cash and cash equivalents | $122,356 | $157,557 |
| Short-term marketable securities (note 5) | 174,844 | 216,770 |
| Accounts receivable | 23,704 | 19,477 |
| Prepaid expenses and other current assets | 22,865 | 19,122 |
| Total current assets | 343,769 | 412,926 |
| Long-term marketable securities (note 5) | 77,667 | 81,930 |
| Long-term prepaids and other assets | 7,228 | 7,566 |
| Deferred tax asset | 4,206 | 3,615 |
| Property and equipment, net | 18,333 | 19,847 |
| Operating lease right-of-use assets | 17,355 | 17,696 |
| Intangible assets, net | 6,407 | 7,656 |
| Acquired in-process research and development (note 6) | 171 | 17,628 |
| Goodwill (note 6) | 12,016 | 12,016 |
| Total assets | $487,152 | $580,880 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities (note 7) | $51,707 | $45,992 |
| Income tax payable | 2,071 | 1,811 |
| Current portion of operating lease liability (note 11) | 2,943 | 4,261 |
| Deferred revenue (note 9) | 27,188 | 3,699 |
| Total current liabilities | 83,909 | 55,763 |
| Long-term portion of operating lease liability (note 11) | 17,274 | 22,369 |
| Deferred revenue (note 9) | 14,607 | 32,941 |
| Other long-term liabilities (note 7) | 929 | 1,701 |
| Deferred tax liability | 3,455 | 3,300 |
| Total liabilities | 120,174 | 116,074 |
| Stockholders’ equity: | ||
| Common stock, $0.00001 par value; 900,000,000 authorized shares at September 30, 2024 and December 31, 2023, respectively; 69,584,882 and 70,115,997 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively (note 8b) | 1,014,327 | 997,227 |
| Preferred shares, $0.00001 par value; 100,000,000 authorized shares of preferred stock, out of which, one share of preferred stock is a share of Special Voting Preferred Stock and outstanding as of September 30, 2024 and December 31, 2023 (note 8b). | — | — |
| Exchangeable shares, no par value, 570,637 and 651,219 issued and outstanding shares at September 30, 2024 and December 31, 2023, respectively (note 8b) | 8,188 | 9,345 |
| Additional paid-in capital | 148,296 | 142,274 |
| Accumulated other comprehensive loss | (5,999) | (6,603) |
| Accumulated deficit | (797,834) | (677,437) |
| Total stockholders’ equity | 366,978 | 464,806 |
| Total liabilities and stockholders’ equity | $487,152 | $580,880 |
| Research collaboration and licensing agreements (note 9) | ||
| Commitments and contingencies (note 13) | ||
| Subsequent event (note 8c) | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.