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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 407,958 $ 375,935 [1]
Marketable securities 39,813 0
Investments in equity securities 0 58,949 [1]
Receivables from licensing and collaboration agreements 660 1,751 [1]
Restricted cash 139,409 16,653 [1]
Prepaid expenses and other current assets 28,396 24,305 [1]
Total current assets 616,236 477,593 [1]
Investment in nonconsolidated entity 117,006 0
Property and equipment, net 9,840 11,816 [1]
Operating lease right-of-use assets 7,267 8,027 [1]
Intangible assets, net 25,123 26,319 [1]
Other assets 18,903 22,625 [1]
Total assets 794,375 546,380 [1]
Current liabilities:    
Accounts payable 18,126 10,655 [1]
Accrued compensation and benefits 29,056 57,370 [1]
Accrued research and development liabilities 33,178 29,765 [1]
Operating lease liabilities, current portion 4,623 4,128 [1]
Deferred revenue, current portion 15,098 6,096 [1]
Accrued professional and other accrued liabilities 34,283 35,830 [1]
Total current liabilities 134,364 143,844 [1]
Term loan, net 435,447 446,445 [1]
Operating lease liabilities, net of current portion 7,059 8,981 [1]
Deferred revenue, net of current portion 16,961 3,727 [1]
Other long-term liabilities 485 5,634 [1]
Total liabilities 1,876,468 1,888,915 [1]
Commitments and contingencies (Note 8)
Redeemable convertible noncontrolling interests (223) 478
Stockholders’ equity (deficit):    
Undesignated preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.001 par value; 500,000,000 shares authorized; 194,224,499 shares issued and 188,032,738 shares outstanding as of June 30, 2024, 181,274,712 shares issued and 175,082,951 shares outstanding as of December 31, 2023 194 181 [1]
Treasury stock, at cost; 6,191,761 shares as of June 30, 2024 and December 31, 2023 (275,000) (275,000) [1]
Additional paid-in capital 1,851,058 1,481,032 [1]
Accumulated other comprehensive income (4) 31 [1]
Accumulated deficit (2,669,173) (2,560,501) [1]
Total BridgeBio stockholders' deficit (1,092,925) (1,354,257) [1]
Noncontrolling interests 11,055 11,244 [1]
Total stockholders' deficit (1,081,870) (1,343,013) [1],[2]
Total liabilities, redeemable convertible noncontrolling interests and stockholders' deficit 794,375 546,380 [1]
2029 Notes    
Current liabilities:    
Notes, net 737,882 736,905 [1]
2027 Notes    
Current liabilities:    
Notes, net $ 544,270 $ 543,379 [1]
[1] The condensed consolidated balance sheet as of December 31, 2023 is derived from the audited consolidated financial statements as of that date.
[2] The consolidated balances as of December 31, 2023 and 2022 are derived from the audited consolidated financial statements as of those dates.