Arcutis Biotherapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 6, 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 Nov 6, 2024
ARQT$26.20+2.5%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 par value)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $134,851 | $88,398 |
| Restricted cash | 617 | 925 |
| Marketable securities | 195,710 | 183,463 |
| Trade receivables, net | 60,119 | 25,807 |
| Inventories | 14,015 | 13,134 |
| Prepaid expenses and other current assets | 18,408 | 18,704 |
| Total current assets | 423,720 | 330,431 |
| Property, plant, and equipment, net | 1,186 | 1,539 |
| Intangible assets, net | 9,792 | 6,438 |
| Operating lease right-of-use asset | 2,060 | 2,361 |
| Other assets | 596 | 596 |
| Total assets | $437,354 | $341,365 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $19,325 | $11,992 |
| Accrued liabilities | 52,790 | 33,941 |
| Current portion of long-term debt, net | 99,513 | — |
| Operating lease liability | 798 | 735 |
| Total current liabilities | 172,426 | 46,668 |
| Operating lease liability, noncurrent | 2,772 | 3,382 |
| Long-term debt, net | 105,095 | 201,799 |
| Other long-term liabilities | 420 | 849 |
| Total liabilities | 280,713 | 252,698 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Common stock, $0.0001 par value; 300,000,000 shares authorized; 116,998,829 and 96,787,343 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 12 | 9 |
| Additional paid-in capital | 1,267,251 | 1,070,558 |
| Accumulated other comprehensive income | 533 | 4 |
| Accumulated deficit | (1,111,155) | (981,904) |
| Total stockholders’ equity | 156,641 | 88,667 |
| Total liabilities and stockholders’ equity | $437,354 | $341,365 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.