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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 18,488 $ 40,437
Accounts receivable 354 407
Prepaid expenses 1,872 2,315
Other current assets 2,424 2,415
Total current assets 23,138 45,574
Property, plant and equipment, net of accumulated amortization and depreciation of $75,878 and $72,553 at March 31, 2025 and December 31, 2024, respectively 117,030 120,087
Operating lease right-of-use assets 27,046 27,308
Goodwill 24,092 24,092
Acquired intangible assets, net of accumulated amortization of $17,071 and $16,986 at March 31, 2025 and December 31, 2024, respectively 3,291 3,376
Other long-term assets 5,604 5,834
Total assets 200,201 226,271
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Current portion, long-term debt 731 2,698
Current portion, liability related to sale of future royalties and milestones 99,330 111,978
Current portion, deferred revenue 14 31
Current portion, operating lease liabilities 2,525 2,446
Accounts payable 64,240 61,470
Accrued liabilities 36,444 34,961
Other current liabilities 5,020 7,817
Total current liabilities 208,304 221,401
Long-term debt, net of current portion 32,846 30,473
Liability related to sale of future royalties and milestones, net of current portion 225,563 224,389
Deferred revenue, net of current portion 1,143 1,143
Operating lease liabilities, net of current portion 53,982 54,551
Other long-term liabilities 761 738
Commitments and contingencies
STOCKHOLDERS" DEFICIT    
Common stock, par value $0.01 per share; 800,000,000 shares authorized; 26,563,545 and 23,634,670 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 266 236
Additional paid-in capital 1,867,500 1,857,662
Accumulated other comprehensive loss (1,468) (1,398)
Accumulated deficit (2,208,146) (2,182,880)
Total stockholders' deficit attributable to Agenus Inc. (341,848) (326,380)
Non-controlling interest 19,450 19,956
Total stockholders' deficit (322,398) (306,424)
Total liabilities and stockholders' deficit 200,201 226,271
Series A-1 convertible preferred stock [Member]    
STOCKHOLDERS" DEFICIT    
Series A-1 convertible preferred stock; 31,620 shares designated, issued, and outstanding at March 31, 2025 and December 31, 2024; liquidation value of $34,155 at March 31, 2025 $ 0 $ 0