Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 789

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 789
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, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS
(amounts in thousands, except share and per share data)
(unaudited) On September 30, 2024, the Company analyzed the recorded value of its ROU asset for impairment and determined that the carrying value was not recoverable. As a result, the Company recorded a full impairment charge of $4,274 on its ROU asset, which was included within the Condensed Consolidated Statements of Loss for the three and nine months ended September 30, 2024. Other information related to leases (both current and former) was as follows:

| ​                                                                       
 ​                                                                       
 Cash paid for amounts included in the measurement of lease liabilities: | ​    
 2024 
 ​    | ​ 
 ​ | Three Months EndedSeptember 30, 
 ​                               | ​ |     ​ 
     ​ | ​ 
 ​ | 2023 
 ​    | ​ | ​ | ​ |     ​ 
     ​ | ​ 
 ​ | ​    
 2024 
 ​    | ​ 
 ​ | Nine Months EndedSeptember 30, 
 ​                              | ​ |     ​ 
     ​ | ​ 
 ​ | 2023 
 ​    | ​ | ​ | ​ |     ​ 
     ​ | ​ | ​ 
 ​ |
|:------------------------------------------------------------------------|:-----|:--|:--------------------------------|:--|------:|:--|:-----|:--|:--|:--|------:|:--|:-----|:--|:-------------------------------|:--|------:|:--|:-----|:--|:--|:--|------:|:--|:--|
| Operating cash outflows relating to operating leases                    | ​    | ​ | ​                               | $ | 4,363 | ​ | ​    | ​ | ​ | $ |   500 | ​ | ​    | ​ | ​                              | $ | 4,363 | ​ | ​    | ​ | ​ | $ | 1,489 | ​ | ​ |
| ROU assets obtained in exchange for new operating lease liabilities     | ​    | ​ | ​                               | $ |     — | ​ | ​    | ​ | ​ | $ | 6,779 | ​ | ​    | ​ | ​                              | $ |     — | ​ | ​    | ​ | ​ | $ | 6,779 | ​ | ​ |
| Remaining lease term –