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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 266,324 $ 375,935 [1]
Investments in equity securities 0 58,949 [1]
Receivables from licensing and collaboration agreements 478 1,751 [1]
Restricted cash 139,409 16,653 [1]
Prepaid expenses and other current assets 38,367 24,305 [1]
Total current assets 444,578 477,593 [1]
Investment in nonconsolidated entities 160,443 0
Property and equipment, net 8,701 11,816 [1]
Operating lease right-of-use assets 6,439 8,027 [1]
Intangible assets, net 24,525 26,319 [1]
Other assets 20,291 22,625 [1]
Total assets 664,977 546,380 [1]
Current liabilities:    
Accounts payable 13,363 10,655 [1]
Accrued compensation and benefits 43,541 57,370 [1]
Accrued research and development liabilities 40,997 29,765 [1]
Operating lease liabilities, current portion 4,600 4,128 [1]
Deferred revenue, current portion 11,771 6,096 [1]
Accrued professional and other accrued liabilities 24,944 35,830 [1]
Total current liabilities 139,216 143,844 [1]
Term loan, net 436,221 446,445 [1]
Operating lease liabilities, net of current portion 5,833 8,981 [1]
Deferred revenue, net of current portion 18,627 3,727 [1]
Other long-term liabilities 377 5,634 [1]
Total liabilities 1,883,369 1,888,915 [1]
Commitments and contingencies (Note 8)
Redeemable convertible noncontrolling interests 645 478
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; 195,178,308 shares issued and 188,986,547 shares outstanding as of September 30, 2024, 181,274,712 shares issued and 175,082,951 shares outstanding as of December 31, 2023 195 181 [1]
Treasury stock, at cost; 6,191,761 shares as of September 30, 2024 and December 31, 2023 (275,000) (275,000) [1]
Additional paid-in capital 1,876,091 1,481,032 [1]
Accumulated other comprehensive income 5 31 [1]
Accumulated deficit (2,831,213) (2,560,501) [1]
Total BridgeBio stockholders' deficit (1,229,922) (1,354,257) [1]
Noncontrolling interests 10,885 11,244 [1]
Total stockholders' deficit (1,219,037) (1,343,013) [1],[2]
Total liabilities, redeemable convertible noncontrolling interests and stockholders' deficit 664,977 546,380 [1]
2029 Notes    
Current liabilities:    
Notes, net 738,376 736,905 [1]
2027 Notes    
Current liabilities:    
Notes, net $ 544,719 $ 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.