Morphic holding, inc. (MORF)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Dec'18
Assets
Current assets:
Cash and cash equivalents

107,035

101,559

159,807

44,199

185,901

Marketable securities

111,977

135,457

91,939

126,206

-

Accounts receivable

3,685

3,467

2,364

945

-

Prepaid expenses and other current assets

2,856

3,090

2,926

1,436

1,222

Total current assets

225,553

243,573

257,036

172,786

187,123

Property and equipment, net

3,222

3,446

2,716

2,534

1,843

Restricted cash

275

275

275

275

275

Other assets

108

141

52

3,015

64

Total assets

229,158

247,435

260,079

178,610

189,305

Liabilities
Current liabilities:
Accounts payable

4,623

5,167

3,285

2,906

1,745

Accrued expenses

5,615

6,639

5,051

5,217

3,239

Deferred revenue, current portion

26,497

23,450

18,063

35,334

29,862

Deferred rent, current portion

106

94

80

73

57

Total current liabilities

36,841

35,350

26,479

43,530

34,903

Long-term liabilities:
Deferred revenue, net of current portion

64,002

70,954

74,010

60,945

66,781

Deferred rent, net of current portion

180

213

242

266

306

Other long-term liabilities

-

-

-

38

58

Total liabilities

101,023

106,517

100,731

104,779

102,048

Stockholders’ Equity
Common shares, $0.0001 par value, 400,000,000 shares authorized, 30,283,725 shares issued and outstanding as of March 31, 2020 and 30,110,251 shares issued and outstanding as of December 31, 2019

3

3

3

-

-

Additional paid‑in capital

241,776

238,384

236,980

2,799

1,633

Accumulated deficit

-114,259

-97,513

-77,682

-68,818

-54,185

Accumulated other comprehensive income

615

44

47

41

-

Total stockholders’ equity

128,135

140,918

159,348

-65,978

-52,552

Total liabilities and stockholders’ equity

229,158

247,435

260,079

178,610

189,305

Series Seed Preferred Shares
Preferred shares

-

-

-

8,658

8,658

Series A Preferred Shares
Preferred shares

-

-

-

51,320

51,320

Series B Preferred Shares
Preferred shares

-

-

-

79,831

79,831