Larimar Therapeutics (LRMR) Financial Statements
Price: $2.2
Market Cap: $140.86M
Avg Volume: 683.60K
Market Cap: $140.86M
Avg Volume: 683.60K
Country: US
Industry: Biotechnology
Sector: Healthcare
Industry: Biotechnology
Sector: Healthcare
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Larimar Therapeutics.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cost of Revenue | $- | $311.00K | $272.00K | $326.00K | $155.00K | $78.00K | $261.00K | $188.00K | $212.00K | $70.00K |
| Gross Profit | $- | $-311.00K | $-272.00K | $-326.00K | $-155.00K | $-78.00K | $-261.00K | $-188.00K | $-212.00K | $-70.00K |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research and Development Expenses | $73.28M | $27.36M | $24.25M | $38.40M | $31.41M | $20.79M | $49.53M | $41.74M | $39.77M | $54.62M |
| General and Administrative Expenses | $17.61M | $14.09M | $12.28M | $12.07M | $11.40M | $2.42M | $1.52M | $12.16M | $18.29M | $19.20M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $12.93M | $-212.00K | $-1.15M | $-70.00K |
| Selling General and Administrative Expenses | $17.61M | $14.09M | $12.28M | $12.07M | $11.40M | $2.42M | $12.93M | $11.95M | $17.14M | $19.12M |
| Other Expenses | $- | $- | $1.17M | $-171.00K | $322.00K | $82.00K | $- | $- | $- | $- |
| Operating Expenses | $90.89M | $41.76M | $36.53M | $50.47M | $42.80M | $23.21M | $62.46M | $53.69M | $56.91M | $73.74M |
| Cost and Expenses | $- | $41.76M | $36.53M | $50.47M | $42.80M | $23.21M | $62.72M | $53.88M | $57.12M | $73.81M |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $996.00K | $894.00K | $438.00K |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $971.00K | $347.00K | $806.00K |
| Depreciation and Amortization | $- | $311.00K | $272.00K | $326.00K | $155.00K | $78.00K | $261.00K | $188.00K | $212.00K | $70.00K |
| EBITDA | $-90.89M | $-41.45M | $-35.08M | $-50.14M | $-42.65M | $-23.14M | $-60.81M | $-52.58M | $-57.44M | $-73.41M |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-90.89M | $-41.76M | $-36.53M | $-50.47M | $-42.80M | $-23.21M | $-62.72M | $-53.88M | $-57.12M | $-73.81M |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $10.29M | $4.81M | $1.17M | $-171.00K | $322.00K | $82.00K | $-246.00K | $947.00K | $-1.06M | $-473.00K |
| Income Before Tax | $-80.60M | $-36.95M | $-35.35M | $-50.64M | $-42.48M | $-23.13M | $-62.97M | $-52.93M | $-58.18M | $-74.29M |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $- | $- | $-1.17M | $-326.00K | $-155.00K | $-93.86K | $-1.60M | $-900.00K | $-300.00K | $-946.00K |
| Net Income | $-80.60M | $-36.95M | $-34.18M | $-50.31M | $-42.33M | $-23.13M | $-61.37M | $-52.03M | $-57.88M | $-74.29M |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $-1.32 | $-0.84 | $-1.33 | $-2.93 | $-3.56 | $-2.51 | $-22.85 | $-22.76 | $-25.44 | $-33.32 |
| EPS Diluted | $-1.32 | $-0.84 | $-1.33 | $-2.93 | $-3.56 | $-2.51 | $-22.85 | $-22.76 | $-25.44 | $-33.32 |
| Weighted Average Shares Outstanding | 61.26M | 43.90M | 25.76M | 17.16M | 11.88M | 9.21M | 2.69M | 2.29M | 2.27M | 2.23M |
| Weighted Average Shares Outstanding Diluted | 61.26M | 43.90M | 25.76M | 17.16M | 11.88M | 9.21M | 2.69M | 2.29M | 2.27M | 2.23M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $33.22M | $26.75M | $26.82M | $70.10M | $68.15M | $1.01M | $49.33M | $40.78M | $32.35M | $35.59M |
| Short Term Investments | $150.24M | $60.04M | $91.60M | $- | $24.49M | $43.05M | $68.73M | $61.27M | $96.84M | $149.48M |
| Cash and Short Term Investments | $183.45M | $86.79M | $118.43M | $70.10M | $92.64M | $1.01M | $118.07M | $102.05M | $129.19M | $185.08M |
| Net Receivables | $- | $- | $- | $208.00K | $32.00K | $- | $1.54M | $946.00K | $347.00K | $1.32M |
| Inventory | $- | $- | $- | $-208.00K | $-32.00K | $3.16M | $- | $- | $1 | $- |
| Other Current Assets | $11.85M | $3.38M | $2.31M | $1.90M | $5.28M | $3.74M | $2.17M | $1.93M | $1.36M | $1.71M |
| Total Current Assets | $195.30M | $90.17M | $120.74M | $72.20M | $97.95M | $4.75M | $121.33M | $104.92M | $130.90M | $188.11M |
| Property Plant Equipment Net | $3.72M | $3.76M | $3.69M | $4.46M | $4.98M | $361.00K | $375.00K | $528.00K | $661.00K | $902.00K |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $1.34M | $1.34M | $1.34M | $1.34M | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.20M | $659.00K | $638.00K | $669.00K | $419.00K | $90.00K | $57.00K | $57.00K | $61.00K | $94.00K |
| Total Non-Current Assets | $4.92M | $5.76M | $5.67M | $6.46M | $6.73M | $451.00K | $432.00K | $585.00K | $722.00K | $996.00K |
| Other Assets | $- | $- | $- | $-0 | $-0 | $- | $- | $- | $- | $1 |
| Total Assets | $200.22M | $95.94M | $126.41M | $78.67M | $104.69M | $5.20M | $121.76M | $105.51M | $131.62M | $189.11M |
| Account Payables | $2.42M | $1.28M | $1.69M | $1.66M | $2.63M | $3.54M | $909.00K | $3.02M | $2.57M | $7.50M |
| Short Term Debt | $1.06M | $837.00K | $1.22M | $1.19M | $1.03M | $97.00K | $5.46M | $- | $3.59M | $2.94M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $-5.46M | $- | $-2.57M | $-2.94M |
| Other Current Liabilities | $20.87M | $7.39M | $7.80M | $6.00M | $5.33M | $2.26M | $6.94M | $4.27M | $6.30M | $9.05M |
| Total Current Liabilities | $24.36M | $9.51M | $10.71M | $8.85M | $8.99M | $5.89M | $13.31M | $7.29M | $9.89M | $16.54M |
| Long Term Debt | $4.06M | $4.71M | $4.80M | $5.41M | $6.00M | $- | $15.19M | $20.00M | $- | $3.45M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1 |
| Total Non-Current Liabilities | $4.06M | $4.71M | $4.80M | $5.41M | $6.00M | $14.92M | $15.19M | $20.00M | $- | $3.45M |
| Other Liabilities | $- | $- | $- | $- | $- | $-14.92M | $- | $- | $- | $1 |
| Total Liabilities | $28.41M | $14.21M | $15.50M | $14.25M | $14.99M | $5.89M | $28.49M | $27.29M | $9.89M | $20.00M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $64.00K | $43.00K | $43.00K | $18.00K | $15.00K | $6.00K | $37.00K | $27.00K | $27.00K | $27.00K |
| Retained Earnings | $-269.16M | $-188.55M | $-151.60M | $-116.25M | $-65.61M | $-23.13M | $-350.94M | $-289.58M | $-237.55M | $-179.67M |
| Accumulated Other Comprehensive Income Loss | $- | $81.00K | $-31.00K | $-0 | $1.00K | $35.00K | $-33.00K | $-58.00K | $-80.00K | $-207.00K |
| Other Total Stockholders Equity | $440.91M | $270.15M | $262.50M | $180.65M | $155.29M | $22.43M | $444.21M | $367.82M | $359.33M | $348.96M |
| Total Stockholders Equity | $171.81M | $81.72M | $110.90M | $64.41M | $89.69M | $-694.00K | $93.27M | $78.22M | $121.73M | $169.11M |
| Total Equity | $171.81M | $81.72M | $110.90M | $64.41M | $89.69M | $-694.00K | $93.27M | $78.22M | $121.73M | $169.11M |
| Total Liabilities and Stockholders Equity | $200.22M | $95.94M | $126.41M | $78.67M | $104.69M | $5.20M | $121.76M | $105.51M | $131.62M | $189.11M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $200.22M | $95.94M | $126.41M | $78.67M | $104.69M | $5.20M | $121.76M | $105.51M | $131.62M | $189.11M |
| Total Investments | $150.24M | $61.38M | $91.60M | $1.34M | $24.49M | $43.05M | $68.73M | $61.27M | $96.84M | $149.48M |
| Total Debt | $5.12M | $5.55M | $5.41M | $6.00M | $6.52M | $97.00K | $20.64M | $20.00M | $3.59M | $6.39M |
| Net Debt | $-28.10M | $-21.20M | $-21.42M | $-64.09M | $-61.63M | $-912.00K | $-28.69M | $-20.78M | $-28.76M | $-29.21M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-80.60M | $-36.95M | $-35.35M | $-50.64M | $-42.48M | $-23.13M | $-61.37M | $-52.03M | $-57.88M | $-74.29M |
| Depreciation and Amortization | $318.00K | $311.00K | $318.00K | $326.00K | $155.00K | $78.00K | $261.00K | $188.00K | $212.00K | $70.00K |
| Deferred Income Tax | $- | $- | $- | $- | $- | $3.63M | $-9.63M | $- | $- | $-8.58M |
| Stock Based Compensation | $8.80M | $7.62M | $6.62M | $5.47M | $2.16M | $129.00K | $173.00K | $- | $- | $8.58M |
| Change in Working Capital | $6.17M | $-2.51M | $1.67M | $2.75M | $-2.04M | $226.00K | $593.00K | $-99.00K | $-5.50M | $6.73M |
| Accounts Receivables | $- | $- | $- | $- | $- | $1.29M | $-666.00K | $-553.00K | $970.00K | $-1.01M |
| Inventory | $- | $- | $- | $- | $- | $-1.29M | $- | $- | $- | $- |
| Accounts Payables | $1.14M | $-403.00K | $26.00K | $-974.00K | $-3.29M | $2.63M | $432.00K | $-448.00K | $4.92M | $4.91M |
| Other Working Capital | $5.03M | $-2.11M | $1.64M | $3.72M | $1.25M | $-2.40M | $827.00K | $454.00K | $-6.47M | $7.74M |
| Other Non Cash Items | $-5.45M | $-1.93M | $-820.00K | $-15.00K | $10.00K | $-3.63M | $9.78M | $9.08M | $10.64M | $9.09M |
| Net Cash Provided by Operating Activities | $-70.76M | $-33.46M | $-27.57M | $-42.10M | $-42.20M | $-22.70M | $-51.49M | $-43.78M | $-51.98M | $-59.55M |
| Investments in Property Plant and Equipment | $-515.00K | $-164.00K | $-100.00K | $-333.00K | $-62.00K | $-83.00K | $-108.00K | $-55.00K | $-660.00K | $-595.00K |
| Acquisitions Net | $- | $-33.52K | $90.86K | $-24.50K | $-1.30M | $-26.03M | $6.76M | $- | $- | $91.50M |
| Purchases of Investments | $-227.87M | $-101.23M | $-133.61M | $-8.25M | $-24.49M | $-82.86M | $-117.15M | $-114.51M | $-136.53M | $-287.49M |
| Sales Maturities of Investments | $143.00M | $134.75M | $42.75M | $32.75M | $1.00M | $109.47M | $110.39M | $150.21M | $188.60M | $195.99M |
| Other Investing Activities | $- | $33.52K | $-90.86K | $24.50K | $41.93M | $-583.00K | $-6.76M | $35.70M | $35.00K | $-19.00K |
| Net Cash Used for Investing Activities | $-85.39M | $33.35M | $-90.96M | $24.17M | $17.09M | $-83.00K | $-6.87M | $35.65M | $51.45M | $-92.12M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $16.37M | $-2.94M | $-1.38M |
| Common Stock Issued | $161.81M | $30.00K | $75.26M | $19.89M | $75.59M | $19.39M | $66.91M | $195.00K | $220.00K | $130.54M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $67.22M | $195.00K | $220.00K | $131.02M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $77.00K | $30.00K | $- | $- | $18.00M | $19.39M | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $161.88M | $30.00K | $75.26M | $19.89M | $93.59M | $19.39M | $66.91M | $16.56M | $-2.71M | $129.16M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-58.10M |
| Net Change in Cash | $5.74M | $-76.00K | $-43.27M | $1.95M | $68.48M | $-3.39M | $8.55M | $8.43M | $-3.24M | $-22.51M |
| Cash at End of Period | $33.82M | $26.75M | $28.16M | $71.44M | $69.49M | $1.01M | $49.33M | $40.78M | $32.35M | $35.59M |
| Cash at Beginning of Period | $28.09M | $26.82M | $71.44M | $69.49M | $1.01M | $4.40M | $40.78M | $32.35M | $35.59M | $58.10M |
| Operating Cash Flow | $-70.76M | $-33.46M | $-27.57M | $-42.10M | $-42.20M | $-22.70M | $-51.49M | $-43.78M | $-51.98M | $-59.55M |
| Capital Expenditure | $-515.00K | $-164.00K | $-100.00K | $-333.00K | $-62.00K | $-83.00K | $-108.00K | $-55.00K | $-660.00K | $-595.00K |
| Free Cash Flow | $-71.28M | $-33.62M | $-27.67M | $-42.44M | $-42.26M | $-22.78M | $-51.59M | $-43.84M | $-52.63M | $-60.15M |