Morphic Holding, Inc. (MORF) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Dec-31-20
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-K
Assets
Current assets:
Cash and cash equivalents	217.3	141.2	119.8	171.4	184.2	399.4	102.0
Marketable securities	514.1	256.4	260.8	236.7	243.4		126.2
Accounts receivable		1.0	2.0	2.3	2.6	1.3	7.3
Prepaid expenses and other current assets	11.3	8.0	6.8	7.9	5.2	3.9	3.9
Total current assets	742.6	406.6	389.5	418.3	435.4	436.8	239.4
Operating lease right-of-use assets	2.8	4.2	4.5	4.8
Property and equipment, net	2.5	2.4	2.4	2.6	2.6	2.3	2.6
Restricted cash	0.6	0.6	0.6	0.6	0.6	0.3	0.3
Other assets	0.2	0.2	0.2	0.0	0.0	0.0	0.1
Total assets	748.7	413.9	397.1	426.3	438.6	439.5	242.4

Liabilities
Current liabilities:
Accounts payable	3.7	3.9	3.5	4.8	3.2	5.3	3.8
Accrued expenses	14.1	11.3	10.0	12.8	8.4	16.7	10.2
Deferred revenue, current portion		4.5	30.3	20.6	30.1	21.8	25.3
Total current liabilities	17.8	19.7	43.8	38.3	41.8	34.9	39.4

Long-term liabilities:
Operating lease liability, net of current portion	1.6	3.1	3.5	3.8
Total liabilities	19.4	25.9	83.7	89.6	88.4	91.6	97.2

Commitments and contingencies (Note 10)
Stockholders’ Equity
Common shares	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Additional paid‑in capital	1,103.5	633.1	584.7	575.2	566.9	539.5	287.7
Accumulated deficit	-372.2	-242.7	-269.5	-238.1	-216.7	-191.6	-142.5
Accumulated other comprehensive loss	-1.9	-2.4	-1.8	-0.5	-0.1	0.0	0.0
Total stockholders’ equity	729.4	388.0	313.4	336.7	350.2	347.9	145.2
Total liabilities and stockholders’ equity	748.7	413.9	397.1	426.3	438.6	439.5	242.4