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THIRD HARMONIC BIO, INC.: 10-Q filed 2023-08-10

What THIRD HARMONIC BIO, INC. reported in its quarterly report filed 2023-08-10 (fiscal Q2 2023): 38 published measures, 133 facts as tagged in accession 0000950170-23-040971.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-10
Fiscal period
fiscal Q2 2023
Accession
0000950170-23-040971 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All THIRD HARMONIC BIO, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-30285,822,000USD
At 2022-12-31298,675,000USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-06-307,814,000USD
At 2022-12-319,607,000USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-06-30278,008,000USD
At 2023-03-31282,665,000USD
At 2022-12-31289,068,000USD
At 2022-06-30-60,557,000USD
At 2022-03-31-54,040,000USD
At 2021-12-31-46,706,000USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-06-30278,132,000USD
At 2022-12-31288,877,000USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-7,560,000USD91
2023-01-01 to 2023-06-30-16,645,000USD181
2023-01-01 to 2023-03-31-9,085,000USD90
2022-04-01 to 2022-06-30-7,676,000USD91
2022-01-01 to 2022-06-30-15,460,000USD181
2022-01-01 to 2022-03-31-7,784,000USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-10,635,000USD181
2022-01-01 to 2022-06-30-14,852,000USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2023-01-01 to 2023-06-30168,000USD181
2022-01-01 to 2022-06-300USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-06-3058,000USD181
2022-01-01 to 2022-06-30-697,000USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-168,000USD181
2022-01-01 to 2022-06-300USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-06-30-100,041,000USD
At 2022-12-31-83,396,000USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-04-01 to 2023-06-3039,570,464shares91
2023-01-01 to 2023-06-3039,504,882shares181
2023-01-01 to 2023-03-3139,438,572shares90
2022-01-01 to 2022-12-3114,353,102shares365
2022-07-01 to 2022-09-309,118,937shares92
2022-01-01 to 2022-09-305,935,206shares273
2022-04-01 to 2022-06-304,361,735shares91
2022-01-01 to 2022-06-304,321,267shares181
2022-01-01 to 2022-03-314,271,681shares90
2021-07-01 to 2021-09-304,103,241shares92

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-04-01 to 2023-06-3039,570,464shares91
2023-01-01 to 2023-06-3039,504,882shares181
2023-01-01 to 2023-03-3139,438,572shares90
2022-01-01 to 2022-12-3114,353,102shares365
2022-07-01 to 2022-09-309,118,937shares92
2022-01-01 to 2022-09-305,935,206shares273
2022-04-01 to 2022-06-304,361,735shares91
2022-01-01 to 2022-06-304,321,267shares181
2022-01-01 to 2022-03-314,271,681shares90
2021-07-01 to 2021-09-304,103,241shares92

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-04-01 to 2023-06-300.19USD/shares91
2023-01-01 to 2023-06-300.42USD/shares181
2023-01-01 to 2023-03-310.23USD/shares90
2022-01-01 to 2022-12-312.45USD/shares365
2022-07-01 to 2022-09-300.9USD/shares92
2022-01-01 to 2022-09-303.99USD/shares273
2022-04-01 to 2022-06-301.76USD/shares91
2022-01-01 to 2022-06-303.58USD/shares181
2022-01-01 to 2022-03-311.82USD/shares90
2021-07-01 to 2021-09-301.8USD/shares92

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-04-01 to 2023-06-300.19USD/shares91
2023-01-01 to 2023-06-300.42USD/shares181
2023-01-01 to 2023-03-310.23USD/shares90
2022-01-01 to 2022-12-312.45USD/shares365
2022-07-01 to 2022-09-300.9USD/shares92
2022-01-01 to 2022-09-303.99USD/shares273
2022-04-01 to 2022-06-301.76USD/shares91
2022-01-01 to 2022-06-303.58USD/shares181
2022-01-01 to 2022-03-311.82USD/shares90
2021-07-01 to 2021-09-301.8USD/shares92

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-06-30193,000USD
At 2022-12-3135,000USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-06-305,527,000USD181
2022-01-01 to 2022-06-301,609,000USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-10,714,000USD91
2023-01-01 to 2023-06-30-22,702,000USD181
2022-04-01 to 2022-06-30-7,783,000USD91
2022-01-01 to 2022-06-30-15,570,000USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-06-30280,365,000USD
At 2022-12-31292,835,000USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-06-304,223,000USD
At 2022-12-315,653,000USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-06-301,343,000USD
At 2022-12-312,087,000USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-04-01 to 2023-06-3010,714,000USD91
2023-01-01 to 2023-06-3022,702,000USD181
2022-04-01 to 2022-06-307,783,000USD91
2022-01-01 to 2022-06-3015,570,000USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2023-04-01 to 2023-06-305,340,000USD91
2023-01-01 to 2023-06-3012,077,000USD181
2022-04-01 to 2022-06-304,181,000USD91
2022-01-01 to 2022-06-3010,393,000USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-06-3039,628,764shares
At 2022-12-3139,377,222shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-06-30378,045,000USD
At 2022-12-31372,460,000USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-06-304,097,000USD
At 2022-12-314,327,000USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-06-304,284,000USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-30204,000USD
At 2022-12-3136,000USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-06-3011,000USD
At 2022-12-311,000USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-06-30726,000USD
At 2022-12-311,037,000USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2023-06-302,233,000USD
At 2022-12-313,958,000USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-307,560,000USD91
2023-01-01 to 2023-06-3016,645,000USD181
2022-04-01 to 2022-06-307,676,000USD91
2022-01-01 to 2022-06-3015,460,000USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-305,374,000USD91
2023-01-01 to 2023-06-3010,625,000USD181
2022-04-01 to 2022-06-303,602,000USD91
2022-01-01 to 2022-06-305,177,000USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-06-3010,000USD181
2022-01-01 to 2022-06-300USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-4,000USD91
2023-01-01 to 2023-06-30-6,000USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-04-01 to 2023-06-303,154,000USD91
2023-01-01 to 2023-06-306,057,000USD181
2022-04-01 to 2022-06-30107,000USD91
2022-01-01 to 2022-06-30110,000USD181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2023-04-01 to 2023-06-30300,000USD91
2023-01-01 to 2023-06-30300,000USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-744,000USD181
2022-01-01 to 2022-06-30365,000USD181

Inspect the source

Entity
THIRD HARMONIC BIO, INC. / CIK 0001923840
Captured
2026-09-21T17:34:52.194Z
SEC response SHA-256
c1e126d325bb3ad43f0cb198ddd45e3c3fd52d56d9db931dcde21278abc2eee7

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001923840.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))