Longboard Pharmaceuticals, Inc.

2024 Q4 Form 10-Q Financial Statement

#000095017024123341 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $288.4M
YoY Change 415.08%
Cash & Equivalents $27.61M
Short-Term Investments $260.8M
Other Short-Term Assets $4.584M
YoY Change 99.3%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $293.0M
YoY Change 402.43%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $244.0K
YoY Change
Total Long-Term Assets $3.975M
YoY Change 634.75%
TOTAL ASSETS
Total Short-Term Assets $293.0M
Total Long-Term Assets $3.975M
Total Assets $297.0M
YoY Change 404.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.132M
YoY Change 211.85%
Accrued Expenses $1.894M
YoY Change 291.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.35M
YoY Change 173.42%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $3.467M
YoY Change 3367.0%
Total Long-Term Liabilities $3.467M
YoY Change 3367.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.35M
Total Long-Term Liabilities $3.467M
Total Liabilities $21.82M
YoY Change 220.87%
SHAREHOLDERS EQUITY
Retained Earnings -$201.9M
YoY Change 60.88%
Common Stock $476.4M
YoY Change 167.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $275.2M
YoY Change
Total Liabilities & Shareholders Equity $297.0M
YoY Change 404.56%

Cashflow Statement

Concept 2024 Q4 2024 Q3

Facts In Submission

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dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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2024-09-30
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dei Entity File Number
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001-40192
dei Entity Registrant Name
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Longboard Pharmaceuticals, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
4275 Executive Square
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Suite 950
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La Jolla
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CA
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dei Security12b Title
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<p style="font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.133%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company’s financial statements are prepared in accordance with GAAP. The preparation of the Company’s financial statements requires the Company to make estimates and assumptions that impact the reported amounts of assets, liabilities and expenses and the disclosure of contingent assets and liabilities in the financial statements and accompanying notes. Such estimates include the accrual of R&amp;D expenses and stock-based compensation. Management evaluates its estimates on an ongoing basis. Estimates are based on the Company’s historical experience, knowledge of current events and actions it may undertake in the future, and actual results may materially differ from these estimates and assumptions.</span></p>
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