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Below are the financial statements of Avidity Biosciences, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Avidity Biosciences, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 219,868a | 185,082a |
| Marketable securities | 1,281,629a | 410,269a |
| Prepaid and other assets | 40,793a | 15,956a |
| Total current assets | 1,542,290a | 611,307a |
| Property and equipment, net | 12,670a | 8,381a |
| Restricted cash | 2,795a | 295a |
| Right-of-use assets | 5,619a | 8,271a |
| Other assets | 521a | 301a |
| Total assets | 1,563,895a | 628,555a |
| Current liabilities | — | — |
| Accounts payable and accrued liabilities | 69,524a | 34,341a |
| Accrued compensation | 3,663a | 14,335a |
| Lease liabilities, current portion | 3,844a | 3,639a |
| Deferred revenue, current portion | 20,987a | 28,365a |
| Total current liabilities | 98,018a | 80,680a |
| Lease liabilities, net of current portion | 2,957a | 6,213a |
| Deferred revenue, net of current portion | 37,961a | 40,898a |
| Total liabilities | 138,936a | 127,791a |
| Stockholders’ equity | — | — |
| Common stock | 12a | 8a |
| Additional paid-in capital | 2,315,111a | 1,071,395a |
| Accumulated other comprehensive income | 2,902a | 125a |
| Accumulated deficit | -893,066a | -570,764a |
| Total stockholders’ equity | 1,424,959a | 500,764a |
| Total liabilities and stockholders’ equity | 1,563,895a | 628,555a |
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