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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 40,437 $ 76,110
Accounts receivable 407 25,836
Prepaid expenses 2,315 8,098
Other current assets 2,415 2,372
Total current assets 45,574 112,416
Property, plant and equipment, net of accumulated amortization and depreciation of $72,553 and $61,943 at December 31, 2024 and 2023, respectively 120,087 133,421
Operating lease right-of-use assets 27,308 29,606
Goodwill 24,092 24,723
Acquired intangible assets, net of accumulated amortization of $16,986 and $17,688 at December 31, 2024 and 2023, respectively 3,376 4,411
Other long-term assets 5,834 9,336
Total assets 226,271 313,913
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT    
Current portion, long-term debt 2,698 146
Current portion, liability related to sale of future royalties and milestones 111,978 132,502
Current portion, deferred revenue 31 18
Current portion, operating lease liabilities 2,446 2,587
Accounts payable 61,470 61,446
Accrued liabilities 34,961 45,283
Other current liabilities 7,817 13,915
Total current liabilities 221,401 255,897
Long-term debt, net of current portion 30,473 12,768
Liability related to sale of future royalties and milestones, net of current portion 224,389 124,556
Deferred revenue, net of current portion 1,143 1,143
Operating lease liabilities, net of current portion 54,551 62,511
Other long-term liabilities 738 5,420
Commitments and contingencies (Note 19)
STOCKHOLDERS' DEFICIT    
Common stock, par value $0.01 per share; 800,000,000 shares authorized at December 31, 2024 and 2023; 23,634,670 shares and 19,718,662 shares issued at December 31, 2024 and 2023, respectively 236 197
Additional paid-in capital 1,857,662 1,796,095
Accumulated other comprehensive loss (1,398) (955)
Accumulated deficit (2,182,880) (1,955,668)
Total stockholders' deficit attributable to Agenus Inc. (326,380) (160,331)
Non-controlling interest 19,956 11,949
Total stockholders' deficit (306,424) (148,382)
Total liabilities, convertible preferred stock and stockholders' deficit 226,271 313,913
Series A-1 convertible preferred stock [Member]    
STOCKHOLDERS' DEFICIT    
Series A-1 convertible preferred stock; 31,620 shares designated, issued, and outstanding at December 31, 2024 and 2023; liquidation value of $34,101 and $33,886 at December 31, 2024, and 2023, respectively $ 0 $ 0