ALEC: the balance sheet

MyFinsight

For the year ending 2025-12-31, ALEC has $293,237K in assets. $262,588K in debts. $65,802K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	65,802
Marketable securities	190,222
Prepaid expenses and other current assets	10,428
Total current assets	266,452
Property and equipment, gross	48,334
Less accumulated depreciation and amortization	37,493
Property and equipment, net	10,841
Operating lease right-of-use assets	13,712
Restricted cash	1,846
Other assets	386
Total assets	293,237

Accounts payable	1,691
Accrued clinical supply costs	3,669
Accrued liabilities	19,299
Deferred revenue, current portion	6,684
Payable to collaboration partner	17,289
Refund liability to collaboration partner, current portion	11,449
Operating lease liabilities, current portion	9,056
Short-term debt	366
Total current liabilities	69,503
Deferred revenue, long-term portion	164,537
Long-term debt	9,323
Refund liability to collaboration partner, long-term portion	0
Operating lease liabilities, long-term portion	17,488
Other long-term liabilities	1,737
Total liabilities	262,588
Common stock, 0.0001 par value 200,000,000 shares authorized 110,362,581 and 99,085,888 shares issued and outstanding as of december 31, 2025 and december 31, 2024, respectively	11
Additional paid-in capital	1,002,528
Accumulated other comprehensive income	166
Accumulated deficit	-972,056
Total stockholders' equity	30,649
Total liabilities and stockholders' equity	293,237

Unit: Thousand (K) dollars (except for numbers of shares and EPS).