Eliem Therapeutics Inc
For the period ended Jun 30, 2024. Filed Aug 14, 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.
Jun 30, 2024 · Filed Aug 14, 2024
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Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| Assets | June 30, 2024 | December 31, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $223,140 | $93,112 |
| Short-term marketable securities | — | 13,686 |
| Prepaid expenses and other current assets | 2,857 | 3,457 |
| Total current assets | $225,997 | $110,255 |
| Operating lease right-of-use assets | 21 | 199 |
| Other long-term assets | — | 15 |
| Total assets | $226,018 | $110,469 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | 509 | 66 |
| Accounts payable, related party | 101 | — |
| Accrued expenses and other current liabilities | 2,950 | 2,433 |
| Accrued expenses and other current liabilities, related party | 81 | — |
| Operating lease liabilities | 100 | 334 |
| Total current liabilities | $3,741 | $2,833 |
| Operating lease liabilities, net of current portion | — | 22 |
| Other long-term liabilities | — | 15 |
| Total liabilities | $3,741 | $2,870 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value per share, 250,000,000 shares authorized; 66,785,449 and 27,699,446 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 7 | 3 |
| Additional paid-in capital | 434,835 | 263,577 |
| Accumulated other comprehensive loss | — | (2) |
| Accumulated deficit | (212,565) | (155,979) |
| Total stockholders’ equity | $222,277 | $107,599 |
| Total liabilities and stockholders’ equity | $226,018 | $110,469 |
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