Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 879

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 879
---
 |              |    61 |
| Total accrued expenses                     | ​ |             $ | 3,237 | ​ |            $ | 1,577 |

F-123

TVARDI THERAPEUTICS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS (Unaudited)

7. Leases The Company has one operating lease pertaining to 5,969 square feet of corporate office space in Sugar Land, Texas, pursuant to a lease agreement that commenced April 1, 2022. As of September 30, 2024, the remaining term of lease was 2.92 years. The lease requires monthly lease payments that are subject to annual increases throughout the lease term. The components of lease costs, which are included within general and administrative expenses in the Company’s statements of operations were as follows (in thousands):

| ​                    
 ​                    
 ​                    
 ​                    
 Lease costs:         | ​ 
 ​ 
 ​ 
 ​ | ​                   
 For the Nine Months 
 Ended September 30, 
 2024                
 ​                   |   ​ 
   ​ | ​ 
 ​ | ​    
 2023 
 ​    |   ​ 
   ​ |
|:---------------------|:--|:--------------------|----:|:--|:-----|----:|
| Operating lease cost | ​ | $                   |  67 | ​ | $    |  67 |
| Variable lease cost  | ​ |                     |  59 | ​ |      |  63 |
| Total lease costs    | ​ | $                   | 126 | ​ |      | 130 |

Supplemental disclosure of cash flow information related to the lease were as follows (in thousands):

| ​                                          | ​ |                   ​ |   ​ | ​ |    ​ |   ​ |
| ​                                          | ​ | For the Nine Months |     |   |      |     |
| ​                                          | ​ | Ended September 30, |     |   |      |     |
| ​                                          |   |                2024 |     |   | 2023 |     |
| Operating cash flows from operating leases | ​ |                   $ | 148 | ​ |    $ | 145 |

The weighted-average discount rate and remaining lease term were as follows:

| ​                                     | ​ |             ​ | ​ |            ​ | ​ |
| ​                                     | ​ |         As of | ​ |        As of |   |
| ​                                     | ​ | September 30, | ​