Zymeworks Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
ZYME$31.46+2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as at December 31, 202 and
Consolidated Balance Sheets (Expressed in thousands of U.S. dollars except share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $41,157 | $66,103 |
| Short-term marketable securities (note 5) | 187,640 | 159,673 |
| Accounts receivable | 4,638 | 55,815 |
| Prepaid expenses and other current assets | 15,332 | 18,860 |
| Total current assets | 248,767 | 300,451 |
| Long-term marketable securities (note 5) | 41,787 | 98,428 |
| Long-term prepaids and other assets | 6,674 | 8,919 |
| Deferred tax asset (note 13) | 4,707 | 4,385 |
| Property and equipment, net (note 7) | 15,502 | 17,650 |
| Operating lease right-of-use assets (note 14) | 15,724 | 16,666 |
| Intangible assets, net (note 8) | 1,350 | 4,576 |
| Goodwill (note 6) | 12,016 | 12,016 |
| Total assets | $346,527 | $463,091 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities (note 9) | $36,346 | $59,838 |
| Income tax payable (note 13) | 83 | 128 |
| Current portion of operating lease liability (note 14) | 3,471 | 2,740 |
| Deferred revenue and other consideration (note 11) | 2,418 | 25,588 |
| Total current liabilities | 42,318 | 88,294 |
| Long-term portion of operating lease liability (note 14) | 14,796 | 15,738 |
| Deferred revenue (note 11) | 14,606 | 14,607 |
| Other long-term liabilities (note 9) | 278 | 923 |
| Deferred tax liability (note 13) | 6,028 | 4,761 |
| Total liabilities | 78,026 | 124,323 |
| Stockholders’ equity: | ||
| Common shares, $0.00001 par value; 900,000,000 authorized shares of common stock at December 31, 2025 and December 31, 2024 (74,638,413 and 68,964,319 shares issued and outstanding at December 31, 2025 and 2024, respectively (note 10b). | 1,105,176 | 1,015,618 |
| 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 December 31, 2025 and December 31, 2024 (note 10b). | — | — |
| Exchangeable shares, no par value, 553,184 issued and outstanding shares at December 31, 2025 (December 31, 2024: 570,637) (note 10b). | 7,938 | 8,188 |
| Additional paid-in capital | 114,626 | 152,249 |
| Accumulated other comprehensive loss | (6,079) | (6,952) |
| Accumulated deficit | (953,160) | (830,335) |
| Total stockholders’ equity | 268,501 | 338,768 |
| Total liabilities and stockholders’ equity | $346,527 | $463,091 |
| Related party transactions (note 10a and 10d) | ||
| Research collaboration and licensing agreements (note 11) | ||
| Commitments and contingencies (note 15) | ||
| Subsequent event (note 17) | ||
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