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Balance Sheets - Graphite Bio, Inc. - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 35,140 $ 44,441
Marketable securities 30,654 0
Prepaid expenses and other current assets 1,450 2,200
Total current assets 67,244 46,641
Property and equipment, net 54 39
Operating lease right-of-use asset 318 240
Total assets 70,376 46,951
Current liabilities:    
Accounts payable 5,711 4,755
Accrued payroll and related benefits 1,998 875
Operating lease liabilities, current 137 103
Total current liabilities 18,514 9,499
Operating lease liability, net 192 147
Other noncurrent liabilities 121 66
Total liabilities 19,698 10,706
Commitments and contingencies (Note 6)
Stockholders' deficit:    
Common stock 10 10
Additional paid-in capital 2,517 1,098
Accumulated other comprehensive income 6 0
Accumulated deficit (95,245) (25,277)
Total stockholders’ deficit (92,712) (24,169)
Total liabilities, convertible preferred and common stock and stockholders’ deficit 70,376 46,951
Graphite Bio, Inc.    
Current assets:    
Cash and cash equivalents 184,259 47,730
Marketable securities 0 220,499
Restricted cash equivalents 1,602 0
Prepaid expenses and other current assets 2,160 7,136
Total current assets 188,021 275,365
Restricted cash 114 1,716
Investments in marketable securities, non-current 0 15,322
Property and equipment, net 0 22,630
Operating lease right-of-use asset 321 5,580
Other assets 0 1,289
Total assets 188,456 321,902
Current liabilities:    
Accounts payable 250 2,608
Accrued payroll and related benefits 1,534 3,799
Accrued research costs 0 720
Accrued expenses and other current liabilities 2,728 1,871
Operating lease liabilities, current 285 4,045
Total current liabilities 4,797 13,043
Operating lease liability, net 77 1,749
Other noncurrent liabilities 0 10,819
Total liabilities 4,874 25,611
Stockholders' deficit:    
Convertible preferred stock 0 0
Common stock 1 1
Additional paid-in capital 550,635 539,741
Accumulated other comprehensive income 0 (1,048)
Accumulated deficit (367,054) (242,403)
Total stockholders’ deficit 183,582 296,291
Total liabilities, convertible preferred and common stock and stockholders’ deficit $ 188,456 $ 321,902