Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 891

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 891
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097 | ​ | ​ |

The accompanying notes are an integral part of these financial statements. F-91

TABLE OF CONTENTS

Tvardi Therapeutics, Inc. Statements of Operations and Comprehensive Loss
(Amounts in thousands, except share and per share amounts)

| ​                                                                        
 ​                                                                        | ​ 
 ​ | ​ 
 ​ | For the Year Ended December 31, 
 2023                            |   |            |   | ​ | ​ | 2022 |   |            |   | ​ 
 ​ |
|:-------------------------------------------------------------------------|:--|:--|:--------------------------------|:--|-----------:|:--|:--|:--|:-----|:--|-----------:|:--|:--|
| Operating expenses:                                                      | ​ | ​ | ​                               | ​ |          ​ | ​ | ​ | ​ | ​    | ​ |          ​ | ​ | ​ |
| Research and development                                                 | ​ | ​ | ​                               | $ |     15,866 | ​ | ​ | ​ | ​    | $ |     18,466 | ​ | ​ |
| General and administrative                                               | ​ | ​ | ​                               | ​ |      2,799 | ​ | ​ | ​ | ​    | ​ |      2,727 | ​ | ​ |
| Total operating expenses                                                 | ​ | ​ | ​                               | ​ |     18,665 | ​ | ​ | ​ | ​    | ​ |     21,193 | ​ | ​ |
| Loss from operations                                                     | ​ | ​ | ​                               | ​ |    -18,665 | ​ | ​ | ​ | ​    | ​ |    -21,193 | ​ | ​ |
| Other income (expense):                                                  | ​ | ​ | ​                               | ​ |          ​ | ​ | ​ | ​ | ​    | ​ |          ​ | ​ | ​ |
| Interest income                                                          | ​ | ​ | ​                               | ​ |      1,318 | ​ | ​ | ​ | ​    | ​ |        654 | ​ | ​ |
| Interest expense                                                         | ​ | ​ | ​                               | ​ |          — | ​ | ​ | ​ | ​    | ​ |         -3 | ​ | ​ |
| Total other income, net                                                  | ​ | ​ | ​                               | ​ |      1,318 | ​ | ​ | ​ | ​    | ​ |        651 | ​ | ​ |
|