Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 551

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 551
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 % change 
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 Nine Months Ended           
 September 30,               
 2024                        
 Dollar amounts in thousands |     ​ | ​ | ​    
 2023 |     ​ | ​ 
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 % change 
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|:------------------|:--|:----------------------------|----:|:--|:-----|----:|:--|---------:|:--|:----------------------------|------:|:--|:-----|------:|:--|---------:|:--|
| Other income, net | ​ | $                           | 766 | ​ | $    | 866 |   |      -12 | % | $                           | 2,407 | ​ | $    | 2,712 |   |      -11 | % |

For the three months ended September 30, 2024 compared to the three months ended September 30, 2023, the decrease in other income, net was primarily due to a decrease in interest income resulting from a lower balance in Cara’s portfolio of investments in 2024 as compared to 2023.

300

For the nine months ended September 30, 2024 compared to the nine months ended September 30, 2023, the decrease in other income, net was primarily due to a decrease in interest income resulting from a lower balance in Cara’s portfolio of investments in 2024 as compared to 2023, partially offset by an increase in accretion income from Cara’s available-for-sale marketable securities in the 2024 period as compared to the prior period. Impairment of Long-Lived Assets

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 Three Months Ended          
 September 30,               
 2024                        
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 2023 | ​ | ​ 
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 Nine Months Ended           
 September 30,               
 2024                        
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|:--------------------------------|:--|:----------------------------|------:|:--|:-----|:--|:--|:---------|:--|:----------------------------|------