Alto Neuroscience 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
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
Cash & Equivalents	137.82	168.23	82.55	48.34	25.71
Cash & Short-Term Investments	137.82	168.23	82.55	48.34	25.71
Cash Growth	-24.15%	103.79%	70.75%	88.07%	-
Accounts Receivable	-	-	-	-	1.5
Other Receivables	-	-	-	0.33	0.25
Receivables	-	-	-	0.33	1.74
Prepaid Expenses	1.63	1.08	0.52	0.33	0.24
Other Current Assets	-	0.03	2.32	0.21	-
Total Current Assets	139.45	169.34	85.39	49.22	27.68
Property, Plant & Equipment	6.49	7.7	1.23	1.58	1.06
Other Long-Term Assets	1.07	0.5	0.01	0.06	0.05
Total Assets	147.01	177.54	86.63	50.85	28.79
Accounts Payable	2.06	1.58	1.07	1.61	0.6
Accrued Expenses	5.87	7.56	3.5	3.67	0.93
Current Portion of Leases	1.12	0.87	0.13	0.28	-
Other Current Liabilities	-	-	0.92	-	0.28
Total Current Liabilities	9.05	10.01	5.61	5.56	1.81
Long-Term Debt	20.31	11.56	9.86	9.47	-
Long-Term Leases	3.97	4.52	-	0.12	-
Total Liabilities	35.45	26.08	15.47	15.15	1.81
Common Stock	0	0	-	-	0
Additional Paid-In Capital	296.99	289.95	5.37	2.3	0.49
Retained Earnings	-185.45	-138.4	-76.97	-40.66	-12.95
Comprehensive Income & Other	0.01	-0.1	-0.08	-0.05	-0.02
Total Common Equity	111.56	151.46	-71.67	-38.41	-12.48
Shareholders' Equity	111.56	151.46	71.16	35.71	26.98
Total Liabilities & Equity	147.01	177.54	86.63	50.85	28.79
Total Debt	25.4	16.94	9.99	9.87	-
Net Cash (Debt)	112.42	151.29	72.56	38.47	25.71
Net Cash Growth	-32.37%	108.49%	88.61%	49.67%	-
Net Cash Per Share	4.16	6.15	19.45	11.16	10.65
Filing Date Shares Outstanding	31.07	27.07	26.86	3.69	2.41
Total Common Shares Outstanding	27.17	26.99	3.81	3.69	2.41
Working Capital	130.4	159.33	79.78	43.66	25.87
Book Value Per Share	4.11	5.61	-18.81	-10.40	-5.17
Tangible Book Value	111.56	151.46	-71.67	-38.41	-12.48
Tangible Book Value Per Share	4.11	5.61	-18.81	-10.40	-5.17
Machinery	2.58	2.75	1.27	1.2	0.88
Leasehold Improvements	0.25	0.25	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q