Werewolf Therapeutics, Inc. (HOWL) Financial Statements (2026 and earlier)

Company Profile

Business Address 200 TALCOTT AVENUE
WATERTOWN, MA 02472
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments77,59692,042110,995122,827135,303139,189
Cash and cash equivalent77,59692,042110,995122,827135,303139,189
Restricted cash and investments  334   212
Receivables    464545775
Other undisclosed current assets2,8432,0812,0712,5442,9402,108
Total current assets:80,43994,457113,066125,835138,788142,284
Noncurrent Assets
Operating lease, right-of-use asset5,6205,8136,0016,1786,3476,512
Property, plant and equipment5,4905,8966,3226,7657,0927,529
Restricted cash and investments8958911,2201,2161,21121,027
Other noncurrent assets12217932042265248
Total noncurrent assets:12,12712,77913,86314,20114,91535,316
TOTAL ASSETS:92,566107,236126,929140,036153,703177,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,31710,25713,62311,14410,1687,809
Accounts payable2,7749863,0351,2401,4671,594
Accrued liabilities8,5439,27110,5889,9048,7016,215
Deferred revenue      502
Debt2,400    11,667
Other undisclosed current liabilities1,4541,4121,5571,3201,2741,236
Total current liabilities:15,17111,66915,18012,46411,44221,214
Noncurrent Liabilities
Long-term debt and lease obligation24,70526,58526,09525,61725,16327,748
Long-term debt, excluding current maturities24,70526,58526,09525,61725,16327,748
Liabilities, other than long-term debt11,22611,67512,2649,84110,23911,051
Deferred revenue      431
Operating lease, liability8,5879,0179,4359,84110,23910,620
Derivative instruments and hedges, liabilities2,6392,6582,829   
Other undisclosed noncurrent liabilities    2,7352,841 
Total noncurrent liabilities:35,93138,26038,35938,19338,24338,799
Total liabilities:51,10249,92953,53950,65749,68560,013
Equity
Equity, attributable to parent41,46457,30773,39089,379104,018117,587
Common stock555444
Additional paid in capital492,118489,979487,973483,563481,529477,849
Accumulated deficit(450,659)(432,677)(414,588)(394,188)(377,515)(360,266)
Total equity:41,46457,30773,39089,379104,018117,587
TOTAL LIABILITIES AND EQUITY:92,566107,236126,929140,036153,703177,600

Income Statement (P&L) ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Revenues   398   
Operating expenses(17,542)(17,991)(20,348)(17,124)(20,103)(17,904)
Other undisclosed operating income     1,143742
Operating loss:(17,542)(17,991)(20,348)(17,124)(18,960)(17,162)
Nonoperating income (expense)(440)(98)(52)4511,711969
Investment income, nonoperating8509971,3091,5981,7931,973
Other nonoperating income (expense) 11168(94)971,613(1)
Interest and debt expense(1,301)(1,263) (1,244)(553)(1,003)
Net loss:(19,283)(19,352)(20,400)(17,917)(17,802)(17,196)
Other undisclosed net income attributable to parent1,3011,263 1,2445531,003
Net loss available to common stockholders, basic:(17,982)(18,089)(20,400)(16,673)(17,249)(16,193)
Interest on convertible debt   188 120 
Other undisclosed net income (loss) available to common stockholders, diluted   94 (1,609) 
Net loss available to common stockholders, diluted:(17,982)(18,089)(20,118)(16,673)(18,738)(16,193)

Comprehensive Income ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Net loss:(19,283)(19,352)(20,400)(17,917)(17,802)(17,196)
Comprehensive loss, net of tax, attributable to parent:(19,283)(19,352)(20,400)(17,917)(17,802)(17,196)

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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