Korro Bio 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	24.16	55.64	166.15	36.33	83.49
Short-Term Investments	68.32	70.45	-	18.92	35.04
Cash & Short-Term Investments	92.48	126.1	166.15	55.25	118.53
Cash Growth	-32.50%	-24.11%	200.74%	-53.39%	-
Receivables	0.82	1.7	-	-	-
Prepaid Expenses	3.93	3.74	3.02	1.23	0.64
Restricted Cash	1	-	3.56	0.6	0.6
Total Current Assets	98.23	131.53	172.73	57.08	119.78
Property, Plant & Equipment	47.73	51.55	42.82	11.89	6.45
Long-Term Investments	10.01	36.96	-	-	-
Other Long-Term Assets	5.58	6.2	6.12	4.77	1.35
Total Assets	161.55	226.24	221.66	73.74	127.58
Accounts Payable	2.3	3.99	7.28	2.61	0.79
Accrued Expenses	5.86	6.17	9.82	3.18	3.22
Current Portion of Leases	3.15	1.28	1.99	2.92	-
Current Unearned Revenue	3.33	3.51	-	-	-
Other Current Liabilities	-	-	0.4	-	0.94
Total Current Liabilities	14.64	14.96	19.48	8.7	4.95
Long-Term Leases	41.52	43.48	31.22	0.21	-
Long-Term Unearned Revenue	4.83	5.91	-	-	-
Other Long-Term Liabilities	1.53	1.47	1.05	-	0.97
Total Liabilities	62.52	65.83	51.75	8.91	5.92
Common Stock	0.01	0.01	0.01	-	0.01
Additional Paid-In Capital	432.61	426.72	352.91	2.81	1.6
Retained Earnings	-333.8	-266.59	-183.01	-101.83	-43.8
Comprehensive Income & Other	0.21	0.27	-	-0.01	-0.01
Total Common Equity	99.03	160.42	169.91	-99.03	-42.21
Shareholders' Equity	99.03	160.42	169.91	64.83	121.66
Total Liabilities & Equity	161.55	226.24	221.66	73.74	127.58
Total Debt	44.67	44.77	33.21	3.13	-
Net Cash (Debt)	57.83	118.29	132.94	52.12	118.53
Net Cash Growth	-54.58%	-11.02%	155.08%	-56.03%	-
Net Cash Per Share	6.16	13.26	86.93	204.24	26.65
Filing Date Shares Outstanding	9.42	9.39	8.02	5.65	4.45
Total Common Shares Outstanding	9.4	9.38	8.02	5.4	4.45
Working Capital	83.59	116.57	153.25	48.38	114.83
Book Value Per Share	10.54	17.11	21.20	-18.33	-9.49
Tangible Book Value	99.03	160.42	169.91	-99.03	-42.21
Tangible Book Value Per Share	10.54	17.11	21.20	-18.33	-9.49
Machinery	12.85	12.49	11.91	9.13	4.68
Construction In Progress	0.06	0.11	8.24	2.05	0.63
Leasehold Improvements	22.45	22.44	3.36	2.94	2.88

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q