Terns Pharmaceuticals, Inc. (TERN)

May 5, 2026 - TERN was delisted (reason: acquired by MRK)

52.95

+0.02 (0.04%)

Inactive · Last trade price on May 4, 2026

Terns Pharmaceuticals Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	524.75	161.44	79.93	143.24	47.7
Short-Term Investments	494.24	196.73	183.51	139.88	118.28
Cash & Short-Term Investments	1,019	358.16	263.44	283.11	165.98
Cash Growth	184.50%	35.96%	-6.95%	70.57%	121.74%
Prepaid Expenses	5.21	3.95	3.99	2.07	0.95
Total Current Assets	1,024	362.11	267.43	285.19	166.93
Property, Plant & Equipment	0.88	1.47	1.03	1.8	1.05
Other Long-Term Assets	-	0.35	0.06	0.04	0.09
Total Assets	1,025	363.93	268.52	287.03	168.07

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	1.72	2.15	2.52	1.65	2.13
Accrued Expenses	13.77	12.62	8.55	5.98	4.34
Current Portion of Leases	0.47	0.43	0.6	0.66	-
Other Current Liabilities	0.45	0.46	0.28	0.19	0.36
Total Current Liabilities	16.41	15.65	11.94	8.47	6.82
Long-Term Leases	0.45	0.92	-	0.54	-
Other Long-Term Liabilities	1.7	1.49	1.21	1.07	0.95
Total Liabilities	18.55	18.06	13.15	10.08	7.77

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	1,524	767.62	588.01	520.18	342.71
Retained Earnings	-517.69	-421.48	-332.63	-242.42	-182.07
Comprehensive Income & Other	0.26	-0.28	-0.02	-0.82	-0.34
Total Common Equity	1,007	345.87	255.37	276.94	160.3
Shareholders' Equity	1,007	345.87	255.37	276.94	160.3
Total Liabilities & Equity	1,025	363.93	268.52	287.03	168.07

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	0.92	1.35	0.6	1.21	-
Net Cash (Debt)	1,018	356.82	262.84	281.91	165.98
Net Cash Growth	185.32%	35.76%	-6.77%	69.84%	167.82%
Net Cash Per Share	10.93	4.49	3.69	7.82	7.31
Filing Date Shares Outstanding	115.41	87.3	64.65	56.67	25.27
Total Common Shares Outstanding	112.32	87.13	64.58	53.72	25.27
Working Capital	1,008	346.46	255.49	276.72	160.11
Book Value Per Share	8.96	3.97	3.95	5.16	6.34
Tangible Book Value	1,007	345.87	255.37	276.94	160.3
Tangible Book Value Per Share	8.96	3.97	3.95	5.16	6.34
Machinery	0.55	1.36	1.38	1.4	1.3
Leasehold Improvements	0.18	0.75	0.73	0.76	0.93

SEC Filings: 10-K · 10-Q