Company: SCYX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0000950170-25-072548
Chunk: 0

Company: SCYNEXIS INC
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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SCYNEXIS, INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

     March 31, 2025

     December 31, 2024

     Assets

     Current assets:

     Cash and cash equivalents
      
     $
     6,942

     $
     16,051

     Short-term investments

     33,665

     43,249

     Prepaid expenses and other current assets

     1,454

     2,184

     License agreement receivable

     216

     753

     License agreement contract asset

     9,509

     9,509

     Restricted cash

     435

     435

     Total current assets

     52,221

     72,181

     Investments

     13,155

     15,846

     Deferred offering costs

     417

     417

     Restricted cash

     109

     109

     Operating lease right-of-use asset

     2,013

     2,090

     Total assets
      
     $
     67,915

     $
     90,643

     Liabilities and stockholders’ equity

     Current liabilities:

     Accounts payable
      
     $
     4,260

     $
     4,569

     Accrued expenses

     2,630

     3,793

     Deferred revenue, current portion

     1,642

     1,642

     Operating lease liability, current portion

     425

     407

     Convertible debt

     —

     13,688

     Total current liabilities

     8,957

     24,099

     Deferred revenue

     1,294

     1,294

     Warrant liability

     5,070

     7,998

     Operating lease liability

     2,062

     2,175

     Total liabilities

     17,383

     35,566

     Commitments and contingencies

     Stockholders’ equity:

     Preferred stock, $0.001 par value, authorized 5,000,000 shares as of March 31, 2025 and December 31, 2024; 0 shares issued and outstanding as of March 31,