Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 836

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 836
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 | $ |    239 | ​ | ​ |
| Furniture and fixtures                         | ​ | ​ | ​            | ​ |    596 | ​ | ​ | ​ | ​    | ​ |    330 | ​ | ​ |
| Leasehold improvements                         | ​ | ​ | ​            | ​ |  4,154 | ​ | ​ | ​ | ​    | ​ |  1,266 | ​ | ​ |
| ​                                              | ​ | ​ | ​            | $ |  4,989 | ​ | ​ | ​ | ​    | $ |  1,835 | ​ | ​ |
| Less accumulated depreciation and amortization | ​ | ​ | ​            | ​ | -1,667 | ​ | ​ | ​ | ​    | ​ | -1,409 | ​ | ​ |
| Property and equipment, net                    | ​ | ​ | ​            | $ |  3,322 | ​ | ​ | ​ | ​    | $ |    426 | ​ | ​ |

F-58

TABLE OF CONTENTS

CARA THERAPEUTICS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(amounts in thousands, except share and per share data) Leasehold improvements include $2,533 relating to the New Lease entered into in May 2023 that are still in process as of December 31, 2023 and will begin amortization once the improvements are complete. In October and November 2023, the Company determined that $1,755 of these costs qualified for reimbursement as lease incentives, of which $808 had been reimbursed to the Company as of December 31, 2023 (see Note 19, Commitments and Contingencies — Lease (New Corporate Headquarters in May 2023). Depreciation and amortization expense included in R&D expense and G&A expense was $259, $248 and $248 for the years ended December 31, 2023, 2022 and 2021, respectively. There were no gains or losses on sales of property and equipment during the years ended December 31, 2023 and 2022. During the year ended December 31, 2021, the Company sold laboratory equipment that was fully depreciated, which resulted in gains on sales of property and equipment of $70. 8. Restricted Cash In May 2023, the Company entered into the New Lease with 400 Atlantic Joint Venture LLC and SLJ