Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 835

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 835
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 ​ | ​ | ​                 | $ | 1,918 | ​ | ​ |
| Work-in-process                         | ​ | ​ | ​                 | ​ |   708 | ​ | ​ | ​ | ​                 | ​ |   499 | ​ | ​ |
| ​                                       | ​ | ​ | ​                 | ​ | 3,347 | ​ | ​ | ​ | ​                 | ​ | 2,417 | ​ | ​ |
| Less Inventory Reserve for Obsolescence | ​ | ​ | ​                 | ​ |  -526 | ​ | ​ | ​ | ​                 | ​ |   -34 | ​ | ​ |
| Total                                   | ​ | ​ | ​                 | $ | 2,821 | ​ | ​ | ​ | ​                 | $ | 2,383 | ​ | ​ |

As of December 31, 2023 and December 31, 2022, inventory balances include inventory costs subsequent to regulatory approval of KORSUVA injection on August 23, 2021. During the years ended December 31, 2023 and 2022, the Company wrote down $526 and $34, respectively, of commercial supply inventory due to obsolescence. There were no write-downs of commercial supply inventory during the year ended December 31, 2021. 6. Prepaid Expenses As of December 31, 2023, the amount of prepaid expenses was $8,154, consisting of $7,245 of prepaid R&D clinical costs, $492 of prepaid insurance and $417 of other costs. As of December 31, 2022, the amount of prepaid expenses was $16,267, consisting of $15,188 of prepaid R&D clinical costs, $543 of prepaid insurance and $536 of other costs. 7. Property and Equipment, net Property and equipment, net consists of the following:

| ​                                              
 ​                                              | ​ 
 ​ | ​ 
 ​ | December 31, 
 2023         |   |        |   | ​ | ​ | 2022 |   |        |   | ​ 
 ​ |
|:-----------------------------------------------|:--|:--|:-------------|:--|-------:|:--|:--|:--|:-----|:--|-------:|:--|:--|
| Computer and office equipment                  | ​ | ​ | ​            | $ |    239 | ​ | ​ | ​ | ​