Company: WHWK
Filing Date: 2025-01-31
Form Type: DEFM14A
Source: 0001193125-25-018470
Chunk: 523

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-31
Form: DEFM14A
Chunk 523
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 |    29,167 |     |      |    29,167 |

F-45

Recent Accounting Pronouncements In November 2023, the Financial Accounting Standards Board, or FASB, issued ASU 2023-07,“Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures”, which requires enhanced disclosures about significant segment expenses. The amendments are effective retrospectively to all prior periods presented in the financial statements, for fiscal years beginning after December 15, 2023. The new guidance is not expected to have a material impact on our financial statement disclosures. In December 2023, the FASB issued ASU 2023-09,Income Taxes (Topic 740) – Improvements to Income Tax Disclosures. The new standard requires a company to expand its existing income tax disclosures, specifically related to the rate reconciliation and income taxes paid. The standard is effective for the Company beginning in fiscal year 2025, with early adoption permitted. The Company does not expect to early adopt the new standard. The new standard is expected to be applied prospectively, but retrospective application is permitted. The Company is currently evaluating the impact of ASU 2023-09on the consolidated financial statements and related disclosures. 3. Fair Value Measurement The following table sets forth the recurring fair value of the Company’s financial assets and liabilities, allocated into the Level 1, Level 2 and Level 3 hierarchy that were measured at fair value on a recurring basis (in thousands):

|                                |     | Fair Value Measurements as of September 30, 2024 |        |     |         |        |     |         |   |     |       |         |
|:-------------------------------|:----|:-------------------------------------------------|-------:|:----|:--------|-------:|:----|:--------|:--|:----|:------|--------:|
|                                |     | Level 1                                          |        |     | Level 2 |        |     | Level 3 |   |     | Total |         |
| Assets:                        |     |                                                  |        |     |         |        |     |         |   |     |       |         |
| Money market funds (1)         |     | $                                                | 29,802 |     | $       |      — |     | $       | — |     | $     |  29,802 |
| U.S. government treasury bills |     |                                                  | 24