Company: DNLI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001714899-25-000193
Chunk: 192

Company: Denali Therapeutics Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 192
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realized Holding GainsUnrealized Holding LossesAggregate Fair ValueShort-term marketable securities:U.S. government treasuries$719,784 $1,276 $(2)$721,058 Corporate debt securities36,094 89 — 36,183 Total short-term marketable securities755,878 1,365 (2)757,241 Long-term marketable securities:Corporate debt securities24,614 89 — 24,703 Total long-term marketable securities24,614 89 — 24,703 Total$780,492 $1,454 $(2)$781,944 December 31, 2024Amortized CostUnrealized Holding GainsUnrealized Holding LossesAggregate Fair ValueShort-term marketable securities:U.S. government treasuries$627,809 $1,618 $(27)$629,400 Corporate debt securities21,337 62 — 21,399 Commercial paper6,572 — — 6,572 Total short-term marketable securities655,718 1,680 (27)657,371 Long-term marketable securities:U.S. government treasuries334,300 788 (196)334,892 Corporate debt securities24,354 127 — 24,481 Total long-term marketable securities358,654 915 (196)359,373 Total$1,014,372 $2,595 $(223)$1,016,744  As of September 30, 2025 and December 31, 2024, some of the Company's marketable securities were in an unrealized loss position. The Company has not recognized an allowance for credit losses as of September 30, 2025 or December 31, 2024. The Company determined that it had the ability and intent to hold all marketable securities that have been in a continuous loss position until maturity or recovery. Further, a majority of these marketable securities are held in U.S. government securities, and the remainder were initially, and continue to be, held with investment grade, high credit quality institutions. All marketable securities with unrealized losses as of each balance sheet date have been in a loss position for less than twelve months or the loss is not material.As of September 30, 2025, all of the Company’s marketable securities have an effective maturity of less than two