Scholar Rock Holding Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	286.77	177.88	101.86	103.28	212.84	160.36
Short-Term Investments	82.86	259.4	178.08	212.09	40.16	180.67
Cash & Short-Term Investments	369.63	437.28	279.94	315.36	252.99	341.03
Cash Growth	165.80%	56.21%	-11.23%	24.65%	-25.81%	116.60%
Other Receivables	3.55	2.15	1.08	2.74	-	-
Receivables	3.55	2.15	1.08	2.74	-	-
Prepaid Expenses	17.53	11.74	7.18	9.93	12.33	3.37
Total Current Assets	390.71	451.17	288.19	328.02	265.32	344.4
Property, Plant & Equipment	13.88	18.41	16.02	25.93	35.01	40.38
Other Long-Term Assets	7.12	5.35	6.82	4.22	4.12	3.52
Total Assets	411.72	474.92	311.04	358.17	304.45	388.31
Accounts Payable	6.77	10.1	3.47	3.99	4.43	3.41
Accrued Expenses	49.88	31.07	20.45	24.32	17.46	13.67
Short-Term Debt	-	-	1.33	-	1.58	-
Current Portion of Leases	5.33	5.77	7.41	7.85	7.41	5.37
Current Unearned Revenue	-	-	-	-	33.19	18.82
Other Current Liabilities	-	-	0.09	0.22	0.23	1.31
Total Current Liabilities	61.97	46.94	32.74	36.39	64.3	42.56
Long-Term Debt	99.61	50.15	48.68	49.74	48.42	24.68
Long-Term Leases	5.14	9.21	4.39	11.8	19.65	27.09
Long-Term Unearned Revenue	-	-	-	-	-	33.19
Other Long-Term Liabilities	-	-	-	-	-	0.01
Total Liabilities	166.72	106.29	85.82	97.93	132.37	127.54
Common Stock	0.1	0.09	0.08	0.05	0.04	0.03
Additional Paid-In Capital	1,454	1,291	901.47	771.7	548.2	505.07
Retained Earnings	-1,210	-922.72	-676.42	-510.63	-376.13	-244.33
Comprehensive Income & Other	0.12	0.16	0.09	-0.88	-0.04	-0
Total Common Equity	245	368.63	225.22	260.24	172.07	260.77
Shareholders' Equity	245	368.63	225.22	260.24	172.07	260.77
Total Liabilities & Equity	411.72	474.92	311.04	358.17	304.45	388.31
Total Debt	110.08	65.13	61.82	69.4	77.06	57.14
Net Cash (Debt)	259.55	372.15	218.12	245.97	175.94	283.89
Net Cash Growth	258.21%	70.62%	-11.32%	39.80%	-38.03%	86.59%
Net Cash Per Share	2.62	3.97	2.87	4.13	4.79	9.24
Filing Date Shares Outstanding	102.01	94.68	77.87	51.99	35.3	34.26
Total Common Shares Outstanding	99.17	93.82	75.98	51.67	35.21	34.15
Working Capital	328.74	404.23	255.45	291.64	201.02	301.84
Book Value Per Share	2.47	3.93	2.96	5.04	4.89	7.64
Tangible Book Value	245	368.63	225.22	260.24	172.07	260.77
Tangible Book Value Per Share	2.47	3.93	2.96	5.04	4.89	7.64
Machinery	-	12.37	12.35	12.46	11.65	6.12
Construction In Progress	-	-	-	-	0.05	5.28
Leasehold Improvements	-	3.61	3.58	5.16	5.16	1.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.