Company: PMVP
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030414
Chunk: 232

Company: PMV Pharmaceuticals, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 232
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 37,694

        $
        —

        $
        —

        $
        37,694

        $
        37,694

        $
        —

        $
        —

        Corporate securities

        69,995

        48

        —

        70,043

        5,577

        64,466

        —

        Government securities

        120,670

        143

        —

        120,813

        92,297

        28,516

        —

        Total financial assets
         
        $
        228,359

        $
        191

        $
        —

        $
        228,550

        $
        135,568

        $
        92,982

        $
        —

 113

Cash and Cash Equivalents – As of December 31, 2024, the Company had aggregate cash and cash equivalents of $40,876, including cash equivalents of $40,790, consisting of money market funds. As of December 31, 2023, the Company had aggregate cash and cash equivalents of $37,706, including cash equivalents of $37,694, consisting of money market funds.Marketable Securities – Marketable securities of $142,421 as of December 31, 2024, consisted of corporate debt securities of $32,949 and government debt securities of $109,472. There were $128,578 current marketable securities and $13,843 noncurrent marketable securities as of December 31, 2024. Marketable securities of $190,856 as of December 31, 2023, consisted of corporate debt securities of $70,043 and government debt securities of $120,813. There were $165,351 current marketable securities and $25,505 noncurrent marketable securities as of December 31, 2023.As of December 31, 2024 and 2023, aggregated gross unrealized losses of available-for-sale investments were not material, and accordingly, no allowance for credit losses was recorded.

4.  Property and Equipment, Net 

        December 31,

        (in thousands)
         
        2024

        2023

        Machinery & equipment
         
        $
        1,782

        $
        3,089

        Computers

        13

        13

        Furniture & fixtures

        23

        69

        Leasehold improvements

        51