Climb Bio, Inc.
For the period ended Mar 31, 2025. Filed May 14, 2025.
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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.
Mar 31, 2025 · Filed May 14, 2025
CLYM$11.01+7.0%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
(In thousands, except share and per share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $29,020 | $87,229 |
| Short-term marketable securities | 69,042 | 63,690 |
| Prepaid expenses and other current assets | 2,218 | 3,953 |
| Total current assets | $100,280 | $154,872 |
| Operating lease right-of-use assets | 451 | 490 |
| Long-term marketable securities | 99,783 | 61,610 |
| Other long-term assets | 226 | 215 |
| Total assets | $200,740 | $217,187 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $777 | $705 |
| Accrued expenses and other current liabilities | 6,104 | 4,069 |
| Operating lease liabilities | 155 | 157 |
| Total current liabilities | $7,036 | $4,931 |
| Operating lease liabilities, net of current portion | 319 | 375 |
| Total liabilities | $7,355 | $5,306 |
| Commitments and contingencies (Note 6) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value per share, 250,000,000 shares authorized; 67,575,767 and 67,255,434 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 7 | 7 |
| Additional paid-in capital | 443,749 | 441,727 |
| Accumulated other comprehensive income | 286 | 23 |
| Accumulated deficit | (250,657) | (229,876) |
| Total stockholders’ equity | $193,385 | $211,881 |
| Total liabilities and stockholders’ equity | $200,740 | $217,187 |
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