Annexon, Inc.
For the period ended Jun 30, 2025. Filed Aug 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.
Jun 30, 2025 · Filed Aug 14, 2025
ANNX$4.21-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets
| June 30,2025 | December 31,2024 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $132,288 | $49,498 |
| Short-term investments | 94,729 | 262,519 |
| Prepaid expenses and other current assets | 3,603 | 4,444 |
| Total current assets | 230,620 | 316,461 |
| Restricted cash | 1,032 | 1,032 |
| Property and equipment, net | 11,650 | 12,638 |
| Operating lease right-of-use assets | 15,974 | 16,705 |
| Other non-current assets | 5,297 | 3,235 |
| Total assets | $264,573 | $350,071 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $11,515 | $10,426 |
| Accrued and other current liabilities | 26,411 | 17,568 |
| Operating lease liabilities, current | 2,716 | 2,518 |
| Total current liabilities | 40,642 | 30,512 |
| Operating lease liabilities, non-current | 24,914 | 26,454 |
| Total liabilities | 65,556 | 56,966 |
| Commitments and contingencies (Note 5) | ||
| Stockholders’ equity: | ||
| Common stock | 110 | 109 |
| Additional paid-in capital | 1,013,211 | 1,003,685 |
| Accumulated other comprehensive (loss) income | (93) | 10 |
| Accumulated deficit | (814,211) | (710,699) |
| Total stockholders’ equity | 199,017 | 293,105 |
| Total liabilities and stockholders’ equity | $264,573 | $350,071 |
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