Company: SCYX
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0000950170-25-107985
Chunk: 0

Company: SCYNEXIS INC
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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SCYNEXIS, INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

     June 30, 2025

     December 31, 2024

     Assets

     Current assets:

     Cash and cash equivalents
      
     $
     11,020

     $
     16,051

     Short-term investments

     33,765

     43,249

     Prepaid expenses and other current assets

     1,578

     2,184

     License agreement receivable

     10,000

     753

     License agreement contract asset

     —

     9,509

     Restricted cash

     135

     435

     Total current assets

     56,498

     72,181

     Investments

     1,736

     15,846

     Deferred offering costs

     417

     417

     Restricted cash

     109

     109

     Operating lease right-of-use asset

     1,934

     2,090

     Total assets
      
     $
     60,694

     $
     90,643

     Liabilities and stockholders’ equity

     Current liabilities:

     Accounts payable
      
     $
     6,172

     $
     4,569

     Accrued expenses

     2,477

     3,793

     Deferred revenue, current portion

     1,770

     1,642

     Operating lease liability, current portion

     444

     407

     Convertible debt

     —

     13,688

     Total current liabilities

     10,863

     24,099

     Deferred revenue

     515

     1,294

     Warrant liability

     2,904

     7,998

     Operating lease liability

     1,945

     2,175

     Total liabilities

     16,227

     35,566

     Commitments and contingencies

     Stockholders’ equity:

     Preferred stock, $0.001 par value, authorized 5,000,000 shares as of June 30, 2025 and December 31, 2024; 0 shares issued and outstanding as of June 30, 2025 and December