Company: ZLAB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008409
Chunk: 87

Company: Zai Lab Ltd
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 87
---
22,995 Total current assets1,050,480 939,606 Restricted cash, non-current1,114 1,113 Long-term investments 63,115 9,220 Prepayments for equipment18 111 Property and equipment, net747,961 53,734 Operating lease right-of-use assets821,496 14,844 Land use rights, net2,907 3,069 Intangible assets, net956,027 13,389 Long-term deposits1,284 1,209 Value added tax recoverable1,351 — Total assets1,185,753 1,036,295 Liabilities and shareholders’ equityCurrent liabilitiesAccounts payable100,906 112,991 Current operating lease liabilities88,048 7,104 Short-term debt12131,711 — Other current liabilities1358,720 82,972 Total current liabilities299,385 203,067 Deferred income31,433 28,738 Non-current operating lease liabilities813,712 8,047 Other non-current liabilities325 325 Total liabilities344,855 240,177 Commitments and contingencies (Note 20)Shareholders’ equityOrdinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized, 1,082,614,740 and 977,151,270 shares issued as of December 31, 2024 and 2023, respectively; 1,077,702,540 and 972,239,070 shares outstanding as of December 31, 2024 and 2023)7 6 Additional paid-in capital3,264,295 2,975,302 Accumulated deficit(2,453,083)(2,195,980)Accumulated other comprehensive income 50,515 37,626 Treasury stock (at cost, 4,912,200 shares as of both December 31, 2024 and 2023)(20,836)(20,836)Total shareholders’ equity840,898 796,118 Total liabilities and shareholders’ equity1,185,753 1,036,295 

The accompanying notes are an integral part of these consolidated financial statements. 

F-5

Zai Lab Limited

Consolidated Statements of Operations

(in thousands of $, except for number of shares and per share data)