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Below are the financial statements of Nuvalent, 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 Nuvalent, 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 | 145,691a | 335,387a |
| Marketable securities | 972,611a | 384,518a |
| Prepaid expenses and other current assets | 14,146a | 6,583a |
| Total current assets | 1,132,448a | 726,488a |
| Other assets | 9,304a | 5,896a |
| Total assets | 1,141,752a | 732,384a |
| Liabilities and stockholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 5,225a | 9,274a |
| Accrued expenses | 48,795a | 22,549a |
| Total current liabilities | 54,020a | 31,823a |
| Related party revenue share liability | 17,940a | 0a |
| Total liabilities | 71,960a | 31,823a |
| Stockholders’ equity | — | — |
| Preferred stock | 0a | 0a |
| Class A common stock | 7a | 6a |
| Class B convertible common stock | 1a | 1a |
| Additional paid-in capital | 1,616,895a | 986,819a |
| Accumulated other comprehensive income (loss) | -59a | 31a |
| Accumulated deficit | -547,052a | -286,296a |
| Total stockholders’ equity | 1,069,792a | 700,561a |
| Total liabilities and stockholders’ equity | 1,141,752a | 732,384a |
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