ArriVent BioPharma, Inc.
Business
ArriVent BioPharma, Inc. is a clinical‑stage biopharmaceutical company that identifies, develops and commercializes differentiated oncology medicines, with an initial focus on treatments for cancers. It develops the EGFR mutant‑selective tyrosine kinase inhibitor firmonertinib and next‑generation antibody‑drug conjugates (ADCs), advancing candidates through preclinical, IND‑enabling and clinical trials. Its key activities include internal clinical development programs, in‑licensing and commercialization arrangements, and collaborative discovery and development partnerships for ADCs. ArriVent pursues global development and commercialization outside greater China and relies on partners and third‑party contract manufacturers to support trials and supply.
Summary from filing dated 2025-03-03
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Research and development | 153 | 79 | 65 | |
| General and administrative | 24 | 15 | 10 | |
| Total operating expenses | 178 | 94 | 75 | |
| Operating loss | −178 | −94 | −75 | |
| Interest and investment income | 11 | 14 | 5 | |
| Net loss | −166 | −80 | −69 | |
| Unrealized gain (loss) on marketable securities | 225,000 | −211,000 | — | |
| Total other comprehensive gain (loss) | 225,000 | −211,000 | — | |
| Total comprehensive loss | −166 | −81 | −69 | |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | −4.32 | −2.56 | −32.38 | |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | −4.32 | −2.56 | −32.38 | |
| Weighted-average shares of common stock outstanding, basic (in shares) | 38 | 31 | 2 | |
| Weighted-average shares of common stock outstanding, diluted (in shares) | 38 | 31 | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 46 | 74 | 150 | — | |
| Short-term investments | 267 | 145 | — | — | |
| Prepaid expenses and other current assets | 20 | 8 | 10 | — | |
| Total current assets | 333 | 227 | 160 | — | |
| Long-term investments | — | 48 | — | — | |
| Right of use assets - operating leases | 13,000 | 154,000 | 291,000 | — | |
| Deferred offering costs | 69,000 | — | 3 | — | |
| Other assets | 190,000 | 126,000 | 107,000 | — | |
| Total assets | 333 | 275 | 163 | — | |
| Accounts payable | 6 | 4 | 5 | — | |
| Accrued expenses | 20 | 13 | 7 | — | |
| Operating lease liabilities | 14,000 | 162,000 | 140,000 | — | |
| Total current liabilities | 26 | 17 | 12 | — | |
| Operating lease liabilities, net of current amount | — | 14,000 | 177,000 | — | |
| Total liabilities | 26 | 17 | 12 | — | |
| Commitments and contingencies (Note 7) | — | — | — | — | |
| Preferred stock $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding | — | — | — | — | |
| Common stock $0.0001 par value, 200,000,000 shares authorized; 42,452,251 and 33,706,765 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 4,000 | 3,000 | — | — | |
| Additional paid-in capital | 712 | 496 | 5 | — | |
| Accumulated deficit | −405 | −238 | −158 | — | |
| Accumulated other comprehensive income (loss) | 14,000 | −211,000 | — | — | |
| Total stockholders' equity | 307 | 258 | −153 | −85 | |
| Total liabilities and stockholders' equity | 333 | 275 | 163 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Net loss | −166 | −80 | −69 | |
| Stock-based compensation expense | 13 | 3 | 895,000 | |
| Amortization/Accretion of bond discounts/premiums | −3 | — | — | |
| Prepaid expenses and other current assets | −13 | 1 | 10 | |
| Other assets | — | −20,000 | −35,000 | |
| Accounts payable | 2 | −751,000 | 1 | |
| Accrued expenses | 7 | 6 | 2 | |
| Operating lease liabilities | −21,000 | −2,000 | 25,000 | |
| Net cash used in operating activities | −161 | −70 | −56 | |
| Purchase of short-term and long-term investments | −273 | −194 | — | |
| Sales and maturities of short-term and long-term investments | 202 | 2 | — | |
| Net cash used in investing activities | −71 | −192 | — | |
| Proceeds from issuance of common stock, net of issuance costs | 203 | 186 | — | |
| Proceeds from the exercise of stock options | 502,000 | 631,000 | 354,000 | |
| Payment of deferred financing costs | −70,000 | — | −2 | |
| Net cash provided by financing activities | 203 | 187 | 43 | |
| Net decrease in cash and cash equivalents | −29 | −76 | −13 | |
| Deferred offering costs transferred to additional paid-in-capital | 300,000 | 3 | — |