Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 910

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 910
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 | ​ | ​ | ​                | $ | 22,250 | ​ | ​ |

F-104

TABLE OF CONTENTS

4. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following as of December 31, 2023 and 2022 (in thousands):

| ​                                               
 ​                                               | ​ 
 ​ | ​ 
 ​ | As of December 31, 
 2023               |   |       |   | ​ | ​ | 2022 |   |     |   | ​ 
 ​ |
|:------------------------------------------------|:--|:--|:-------------------|:--|------:|:--|:--|:--|:-----|:--|----:|:--|:--|
| Prepaid research and development expenses       | ​ | ​ | ​                  | $ | 3,203 | ​ | ​ | ​ | ​    | $ | 314 | ​ | ​ |
| Other prepaid expenses                          | ​ | ​ | ​                  | ​ |    36 | ​ | ​ | ​ | ​    | ​ |  56 | ​ | ​ |
| Total prepaid expenses and other current assets | ​ | ​ | ​                  | $ | 3,239 | ​ | ​ | ​ | ​    | $ | 370 | ​ | ​ |

5. Intangible Assets Intangible assets consisted of the following as of December 31, 2023 and 2022 (in thousands):

| ​                              
 ​                              | ​ 
 ​ | ​ 
 ​ | As of December 31, 
 2023               |   |      |   | ​ | ​ | 2022 |   |      |   | ​ 
 ​ |
|:-------------------------------|:--|:--|:-------------------|:--|-----:|:--|:--|:--|:-----|:--|-----:|:--|:--|
| Licensed patent rights         | ​ | ​ | ​                  | $ |  826 | ​ | ​ | ​ | ​    | $ |  826 | ​ | ​ |
| Less: accumulated amortization | ​ | ​ | ​                  | ​ | -378 | ​ | ​ | ​ | ​    | $ | -315 | ​ | ​ |
| Total intangible assets, net   | ​ | ​ | ​                  | $ |  448 | ​ | ​ | ​ | ​    | $ |