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Kyverna Therapeutics, Inc. KYTX Capitalized software write-off

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Other financials

Income statement

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Operating income-$41.4M+12.7%
Net income-$39.7M+11.0%
EPS (diluted)-$0.66+35.9%

Balance sheet

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Cash & equivalents$32.2M-43.4%
Total debt$9.2M+32.1%
Total equity$195.6M-12.7%
Total assets$257.0M-1.4%

Cash flow

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Operating cash flow-$41.6M+7.4%
CapEx$2.0K-98.0%
Free cash flow-$33.5M+10.8%

Valuation

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Market cap$498.52M+276%
Enterprise value$475.49M+475%

Returns & leverage

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Return on equity-74.5%+74.4pp
Debt / equity0.0×
Current ratio8.1×+0.7×

Where this comes from

Reported directly by Kyverna Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedComputerSoftwareImpairments1.

The official record: Kyverna Therapeutics, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kyverna Therapeutics, Inc.'s capitalized software write-off?
Kyverna Therapeutics, Inc. (KYTX) reported capitalized software write-off of $0 in Q1 2026.
What does capitalized software write-off mean?
This represents the write-down of the carrying value of capitalized software assets when their fair value falls below their book value. It indicates that previously invested development costs are no longer expected to provide the anticipated economic benefits. High or recurring impairments may signal inefficiencies in the company's software development or technology strategy.