Company: RPID
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001380106-25-000102
Chunk: 264

Company: RAPID MICRO BIOSYSTEMS, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 264
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Item 1. Financial Statements

RAPID MICRO BIOSYSTEMS, INC.

Condensed consolidated balance sheets

(Unaudited)

(In thousands, except share and per share amounts)

March 31,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$18,906 $16,911 Short-term investments22,764 33,821 Accounts receivable4,521 7,519 Inventory20,722 20,200 Prepaid expenses and other current assets2,269 2,466 Total current assets69,182 80,917 Property and equipment, net10,563 11,193 Right-of-use assets, net4,903 5,163 Other long-term assets421 531 Restricted cash365 365 Total assets$85,434 $98,169 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$2,635 $2,535 Accrued expenses and other current liabilities5,034 7,217 Deferred revenue6,092 6,599 Lease liabilities, short-term1,235 1,214 Total current liabilities14,996 17,565 Lease liabilities, long-term4,641 4,954 Other long-term liabilities306 298 Total liabilities19,943 22,817 Commitments and contingencies (Note 14)Stockholders’ equity:Class A common stock, $0.01 par value; 210,000,000 shares authorized at March 31, 2025 and December 31, 2024; 39,191,669 shares and 37,729,242 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively392 377 Class B common stock, $0.01 par value; 10,000,000 shares authorized at March 31, 2025 and December 31, 2024; 4,499,529 shares and 5,309,529 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively45 53 Preferred stock, $0.01 par value: 10,000,000 shares authorized at March 31, 2025 and December 31, 2024; zero shares issued and outstanding at March 31, 2025 and December 31, 2024— — Additional paid