EQRx, Inc. (EQRX) Financial Statements (2024 and earlier)

Company Profile

Business Address 50 HAMPSHIRE STREET
CAMBRIDGE, MA 02139
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,400,000,0001,678,542,000
Cash and cash equivalents494,136,0001,678,542,000
Short-term investments905,150,000 
Other undisclosed cash, cash equivalents, and short-term investments714,000 
Restricted cash and investments  
Other undisclosed current assets28,086,00027,660,000
Total current assets:1,428,086,0001,706,202,000
Noncurrent Assets
Operating lease, right-of-use asset 3,804,0002,672,000
Property, plant and equipment 2,627,0001,985,000
Restricted cash and investments 633,000633,000
Other noncurrent assets15,866,00013,950,000
Other undisclosed noncurrent assets4,000,0004,000,000
Total noncurrent assets:26,930,00023,240,000
TOTAL ASSETS:1,455,016,0001,729,442,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities49,546,00036,544,000
Accounts payable19,950,0007,640,000
Accrued liabilities29,596,00028,904,000
Other undisclosed current liabilities2,370,0003,102,000
Total current liabilities:51,916,00039,646,000
Noncurrent Liabilities
Long-term debt and lease obligation:  272,000
Liabilities, other than long-term debt8,621,000153,041,000
Operating lease, liability 1,461,000272,000
Business combination, contingent consideration, liability7,160,000153,041,000
Other undisclosed noncurrent liabilities5,617,00021,644,000
Total noncurrent liabilities:14,238,000174,957,000
Total liabilities:66,154,000214,603,000
Equity
Equity, attributable to parent1,388,862,0001,514,839,000
Common stock49,00049,000
Additional paid in capital1,916,550,0001,873,289,000
Accumulated other comprehensive income (loss)(148,000)1,000
Accumulated deficit(527,589,000)(358,500,000)
Total equity:1,388,862,0001,514,839,000
TOTAL LIABILITIES AND EQUITY:1,455,016,0001,729,442,000

Income Statement (P&L) (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Operating expenses(355,877,000)(196,375,000)
Operating loss:(355,877,000)(196,375,000)
Nonoperating income186,788,00096,366,000
Loss from continuing operations:(169,089,000)(100,009,000)
Loss before gain (loss) on sale of properties:(100,009,000)
Net loss available to common stockholders, diluted:(169,089,000)(100,009,000)

Comprehensive Income (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Net loss:(169,089,000)(100,009,000)
Comprehensive loss:(169,089,000)(100,009,000)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(149,000)1,000
Comprehensive loss, net of tax, attributable to parent:(169,238,000)(100,008,000)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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