Rallybio Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	25.32	24.49	56.96	175.33	140.23	19.46
Short-Term Investments	49.82	85.44	112.04	-	-	-
Cash & Short-Term Investments	75.14	109.93	168.99	175.33	140.23	19.46
Cash Growth	-38.10%	-34.95%	-3.62%	25.03%	620.70%	-
Prepaid Expenses	0.89	0.74	1.55	1.84	1.03	1.46
Other Current Assets	2.2	4.12	8.95	3.7	-	-
Total Current Assets	78.23	114.79	179.5	180.87	141.26	20.92
Property, Plant & Equipment	0.35	0.59	0.91	0.51	0.29	0.2
Long-Term Investments	0.43	0.24	0.03	0.81	0.31	0.49
Total Assets	79.01	115.62	180.44	182.19	141.86	21.61
Accounts Payable	0.58	0.98	1.11	0.6	1.58	0.86
Accrued Expenses	6.28	8.07	9.45	5.95	3.27	1.36
Current Portion of Leases	0.23	0.22	0.18	-	-	-
Other Current Liabilities	-	-	-	-	0.99	1.59
Total Current Liabilities	8.19	9.26	10.74	6.55	5.84	3.81
Long-Term Leases	-	0.17	0.37	-	-	-
Other Long-Term Liabilities	-	-	-	0.03	0.01	0.94
Total Liabilities	8.19	9.44	11.12	6.58	5.86	4.75
Common Stock	0	0	0	0	0	0.23
Additional Paid-In Capital	352.62	341.41	330.21	269.63	183.02	-
Retained Earnings	-281.98	-235.25	-160.68	-94.03	-47.01	-20.57
Comprehensive Income & Other	0.17	0.02	-0.21	-	-	0.06
Total Common Equity	70.82	106.18	169.32	175.6	136	-20.28
Shareholders' Equity	70.82	106.18	169.32	175.6	136	16.86
Total Liabilities & Equity	79.01	115.62	180.44	182.19	141.86	21.61
Total Debt	0.23	0.39	0.56	-	-	-
Net Cash (Debt)	74.91	109.54	168.44	175.33	140.23	19.46
Net Cash Growth	-38.07%	-34.97%	-3.93%	25.03%	620.70%	-
Net Cash Per Share	1.76	2.71	5.29	6.87	8.06	11.34
Filing Date Shares Outstanding	41.49	37.81	38.08	32.13	5.7	1.72
Total Common Shares Outstanding	41.49	37.83	37.84	32.13	5.7	1.72
Working Capital	70.04	105.53	168.75	174.32	135.42	17.11
Book Value Per Share	1.71	2.81	4.47	5.47	23.86	-11.82
Tangible Book Value	70.82	106.18	169.32	175.6	136	-20.28
Tangible Book Value Per Share	1.71	2.81	4.47	5.47	23.86	-11.82
Machinery	-	0.34	0.33	0.31	0.11	0.1
Construction In Progress	-	-	-	0.01	-	-
Leasehold Improvements	-	0.34	0.34	0.32	0.18	0.08

Source: S&P Capital IQ. Standard template. Financial Sources.