ALEC: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, ALEC has $335,285K in assets. $277,573K in debts. $76,503K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	76,503	44,771
Marketable securities	214,605	262,509
Prepaid expenses and other current assets	9,277	11,898
Total current assets	300,385	319,178
Property and equipment, net	12,714	13,914
Operating lease right-of-use assets	15,869	16,990
Restricted cash	1,846	1,846
Other assets	4,471	4,494
Total assets	335,285	356,422

Accounts payable	4,757	2,217
Accrued clinical supply costs	3,547	5,150
Accrued liabilities	18,332	14,215
Deferred revenue, current portion	11,743	13,402
Payable to collaboration partner	10,788	6,607
Refund liability to collaboration partner, current portion	21,818	33,859
Operating lease liabilities, current portion	8,979	8,904
Total current liabilities	79,964	84,354
Deferred revenue, long-term portion	167,269	168,870
Long-term debt	9,611	9,536
Refund liability to collaboration partner, long-term portion	0	0
Operating lease liabilities, long-term portion	19,285	21,043
Other long-term liabilities	1,444	1,444
Total liabilities	277,573	285,247
Common stock, 0.0001 par value 200,000,000 shares authorized 107,446,056 and 99,085,888 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	10	9
Additional paid-in capital	992,294	971,192
Accumulated other comprehensive income	197	96
Accumulated deficit	-934,789	-900,122
Total stockholders' equity	57,712	71,175
Total liabilities and stockholders equity	335,285	356,422

Unit: Thousand (K) dollars