Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 700

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 700
---
|
| Unaudited condensed statements of redeemable convertible preferred stock and stockholders’ deficit for the nine months ended September 30, 2024 and 2023 | ​ | F-117 |
| Unaudited condensed statements of cash flows for the nine months ended September 30, 2024 and 2023                                                       | ​ | F-118 |
| Notes to unaudited condensed financial statements                                                                                                        | ​ | F-119 |

F- 1

CARA THERAPEUTICS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (amounts in thousands, excluding share and per share data) (unaudited)

| ​                                                                                                                                                                                                                                                                   
 ​                                                                                                                                                                                                                                                                   | ​ 
 ​ 
 ​ | ​ 
 ​ |                  ​ 
                  ​ 
 September 30, 2024 | ​ 
 ​ | ​ 
 ​ |                 ​ 
                 ​ 
 December 31, 2023 |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|:--|-------------------:|:--|:--|------------------:|
| Assets                                                                                                                                                                                                                                                              |   | ​ |                  ​ |   | ​ |                   |
| Current assets:                                                                                                                                                                                                                                                     |   | ​ |                    |   | ​ |                   |
| Cash and cash equivalents                                                                                                                                                                                                                                           | ​ | $ |             37,061 | ​ | $ |            51,775 |
| Marketable securities                                                                                                                                                                                                                                               | ​ |   |              4,975 | ​ |   |            48,983 |
| Accounts receivable, net - related party                                                                                                                                                                                                                            | ​ | ​ |                435 | ​ | ​ |             2,765 |
| Inventory, net                                                                                                                                                                                                                                                      | ​ | ​ |                625 | ​ | ​ |             2,821 |
| Income tax receivable                                                                                                                                                                                                                                               | ​ |   |                  — | ​ |   |               697 |
| Other receivables                                                                                                                                                                                                                                                   | ​ |   |                934 | ​ |   |               555 |
| Prepaid expenses                                                                                                                                                                                                                                                    | ​ |   |              2,382 | ​ |   |             8,154 |
| Restricted cash                                                                                                                                                                                                                                                     | ​ |   |              1,500 | ​ |   |               408 |
| Total current assets                                                                                                                                                                                                                                                | ​ |   |             47,912 | ​ |   |           116,158 |
| Operating lease right-of-use assets