Passage Bio, Inc. (PASG)

EngageSmart Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	63.36	37.57	21.71	34.6	128.97	135
Short-Term Investments	-	39.18	92.59	155.01	186.81	169.82
Cash & Short-Term Investments	63.36	76.76	114.29	189.61	315.77	304.82
Cash Growth	-39.39%	-32.84%	-39.72%	-39.95%	3.59%	91.86%
Prepaid Expenses	2.12	0.84	0.92	0.93	1.73	1.41
Other Current Assets	1.19	1.22	2.74	6.51	7.57	10.96
Total Current Assets	66.67	78.82	117.96	197.04	325.07	317.18
Property, Plant & Equipment	19.06	23.13	32.15	42.24	23.81	2.8
Other Long-Term Assets	0.27	0.46	0.43	4.27	6.2	8.03
Total Assets	86.01	102.41	150.55	243.55	355.08	328.01
Accounts Payable	1.46	0.74	1.3	4.07	9.45	5.27
Accrued Expenses	3.99	6.71	9.67	10.93	19.39	15.37
Current Portion of Leases	3.64	3.69	3.37	3.28	-	-
Other Current Liabilities	8.73	8.23	2	0.09	0.66	0.54
Total Current Liabilities	17.83	19.36	16.34	18.35	29.5	21.18
Long-Term Leases	21.48	21.79	22.92	23.83	-	-
Other Long-Term Liabilities	-	-	-	-	6.92	2.12
Total Liabilities	39.3	41.15	39.26	42.18	36.42	23.29
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	721.34	720.48	705.79	694.73	675.35	475.62
Retained Earnings	-674.64	-659.24	-594.47	-492.41	-356.28	-170.9
Comprehensive Income & Other	-	0.01	-0.04	-0.97	-0.41	-0.01
Total Common Equity	46.71	61.26	111.28	201.37	318.66	304.71
Shareholders' Equity	46.71	61.26	111.28	201.37	318.66	304.71
Total Liabilities & Equity	86.01	102.41	150.55	243.55	355.08	328.01
Total Debt	25.12	25.48	26.29	27.11	-	-
Net Cash (Debt)	38.24	51.28	88	162.5	315.77	304.82
Net Cash Growth	-51.00%	-41.73%	-45.85%	-48.54%	3.59%	91.86%
Net Cash Per Share	12.36	16.98	32.15	59.71	118.39	157.87
Filing Date Shares Outstanding	3.11	3.11	2.78	2.73	2.71	2.69
Total Common Shares Outstanding	3.11	3.1	2.75	2.73	2.71	2.28
Working Capital	48.84	59.45	101.62	178.69	295.57	296.01
Book Value Per Share	15.03	19.74	40.51	73.74	117.49	133.60
Tangible Book Value	46.71	61.26	111.28	201.37	318.66	304.71
Tangible Book Value Per Share	15.03	19.74	40.51	73.74	117.49	133.60
Machinery	1.51	11.67	11.68	12.87	12.05	0.78
Construction In Progress	-	-	0.64	1.29	0.82	1.31
Leasehold Improvements	7.39	7.39	10.21	13.51	13.41	1.64

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q