Merus 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	367.49	293.29	-	-	-	-
Short-Term Investments	268.44	243.73	135.86	143.29	169.67	44.34
Cash & Short-Term Investments	635.93	537.03	135.86	143.29	169.67	44.34
Cash Growth	0.58%	295.27%	-5.18%	-15.55%	282.68%	5.31%
Accounts Receivable	19.18	1.26	2.2	4.07	6.33	1.66
Other Current Assets	36.82	30.78	10.87	12.23	7.48	8.5
Total Current Assets	691.93	569.07	333.77	308.19	425.88	216.35
Net Property, Plant & Equipment	22.99	20.02	22.36	25.74	7.99	8.39
Other Intangible Assets	1.75	1.68	1.63	1.96	2.36	2.82
Long-Term Investments	182.91	187.01	51.87	36.67	20.38	-
Other Long-Term Assets	4.62	4.91	3.68	6.89	2.51	2.34
Total Assets	904.2	782.69	413.31	379.45	459.12	229.9
Accounts Payable	8.39	4.16	4.17	9.89	13.29	3.1
Accrued Expenses	44.55	43.96	34.83	35.79	22.6	21.64
Current Portion of Leases	2.76	1.7	1.64	1.76	2.05	1.74
Unearned Revenue	24.36	29.93	20.53	29.59	34.8	19.88
Other Current Liabilities	6.74	7.32	1.49	2.41	-	0.2
Total Current Liabilities	86.8	87.08	62.65	79.44	72.73	46.56
Long-Term Leases	9.56	8.21	10.14	12.03	2.63	2.8
Other Long-Term Liabilities	32.91	39.48	17.72	38.99	66.51	79.09
Total Long-Term Liabilities	42.46	47.69	27.86	51.03	69.14	81.89
Total Liabilities	129.26	134.77	90.51	130.47	141.87	128.45
Common Stock	7.68	6.96	5.2	4.47	4.45	3.46
Additional Paid-in Capital	2,066	1,665	865.34	703.51	682.53	443.03
Accumulated Other Comprehensive Income	19.45	-55.47	-0.07	0.31	0.19	-0.05
Retained Earnings	-1,319	-968.39	-547.67	-459.32	-369.92	-344.99
Total Common Shareholders' Equity	774.93	647.93	322.8	248.98	317.24	101.45
Shareholders' Equity	774.93	647.93	322.8	248.98	317.24	101.45
Total Liabilities & Equity	904.2	782.69	413.31	379.45	459.12	229.9
Total Debt	12.32	9.91	11.79	13.79	4.68	4.54
Net Cash (Debt)	623.62	527.12	124.08	129.5	164.99	39.8
Net Cash Growth	18.31%	324.83%	-4.18%	-21.51%	314.56%	10.73%
Net Cash Per Share	-	8.21	2.40	2.88	4.27	1.36
Book Value	774.93	647.93	322.8	248.98	317.24	101.45
Book Value Per Share	-	10.09	6.26	5.54	8.21	3.47
Tangible Book Value	773.18	646.25	321.17	247.01	314.88	98.63
Tangible Book Value Per Share	-	10.06	6.22	5.50	8.15	3.37

SEC Filings: 10-K · 10-Q