Upstream 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	71.31	325.89	25.83	17.05
Short-Term Investments	360.07	144.56	83.98	-
Cash & Short-Term Investments	431.38	470.45	109.81	17.05
Cash Growth	292.84%	328.42%	544.01%	-
Accounts Receivable	0.57	0.61	0.1	0.41
Other Receivables	1.17	0.57	0.14	-
Receivables	1.74	1.18	0.24	0.41
Prepaid Expenses	0.7	0.85	0.02	0.09
Other Current Assets	19.97	6.68	6.93	0.75
Total Current Assets	453.79	479.16	117	18.31
Property, Plant & Equipment	2.19	2.37	0.2	0.16
Other Long-Term Assets	0.19	0.19	-	0.01
Total Assets	456.17	481.72	117.2	18.48
Accounts Payable	4.72	4.04	1.99	0.71
Accrued Expenses	4.14	5.99	4.48	4.06
Current Portion of Leases	0.71	0.7	0.05	0.09
Total Current Liabilities	9.57	10.74	6.52	4.86
Long-Term Leases	0.99	1.13	-	0.01
Other Long-Term Liabilities	-	-	2.87	6.95
Total Liabilities	10.56	11.87	9.39	11.81
Common Stock	0.05	0.05	0	0
Additional Paid-In Capital	663.24	660.6	4.82	1.28
Retained Earnings	-218.05	-190.78	-127.97	-107.44
Comprehensive Income & Other	0.37	-0.03	0.02	-
Total Common Equity	445.61	469.85	-123.13	-106.16
Shareholders' Equity	445.61	469.85	107.81	6.67
Total Liabilities & Equity	456.17	481.72	117.2	18.48
Total Debt	1.7	1.83	0.05	0.09
Net Cash (Debt)	429.68	468.62	109.77	16.96
Net Cash Growth	291.45%	326.93%	547.31%	-
Net Cash Per Share	16.31	34.25	37.16	6.06
Filing Date Shares Outstanding	53.79	53.64	2.85	2.8
Total Common Shares Outstanding	53.64	53.6	2.85	2.8
Working Capital	444.22	468.42	110.48	13.45
Book Value Per Share	8.31	8.77	-43.16	-37.91
Tangible Book Value	445.61	469.85	-123.13	-106.16
Tangible Book Value Per Share	8.31	8.77	-43.16	-37.91
Machinery	0.67	0.67	0.2	0.02
Construction In Progress	-	-	-	0.04
Leasehold Improvements	0.07	0.07	0.03	0.02

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

SEC Filings: 10-K · 10-Q