Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 940

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 940
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, state, and foreign taxes and further disaggregated for specific jurisdictions to the extent the related amounts exceed a quantitative threshold. The amendments are effective for public business entities for annual periods beginning after December 15, 2024. For entities other than public business entities, the amendments are effective for annual periods beginning after December 15, 2025. Early adoption is permitted. The Company is currently evaluating the provisions of this guidance and the potential impact on its financial statements and disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement — Reporting Comprehensive Income — Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The amendments in ASU 2024-03 address investor requests for more detailed expense information and require additional disaggregated disclosures in the notes to financial statements for certain categories of expenses that are included on the face of the income statement. This guidance is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the provisions of this guidance and the potential impact on its financial statements and disclosures. 3. Fair Value Measurements The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values (in thousands):

| ​                      | ​ | ​ | As of September 30, 2024 |   |       |   |   |   |         |   |   |   |   |   |         |   |   |   |   |   |       |   |       |   | ​ |
|:-----------------------|:--|:--|:-------------------------|:--|------:|:--|:--|:--|:--------|:--|:--|:--|:--|:--|:--------|:--|:--|:--|:--|:--|:------|:--|------:|:--|:--|
| ​                      | ​ | ​ | Level 1                  |   |       |   | ​ | ​ | Level 2 |   |   |   | ​ | ​ | Level 3 |   |   |   | ​ | ​ | Total |   |       |   | ​ |
| Financial assets:      | ​ | ​ | ​                        | ​ |