Praxis Precision Medicines, Inc. PRAX Cash, Cash Equivalents, and Marketable Securities
Cash, Cash Equivalents, and Marketable Securities at other companies
Other financials
Where this comes from
Reported directly by Praxis Precision Medicines, Inc. in its filing.
Tagged under the XBRL concept us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPosition.
The official record: Praxis Precision Medicines, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Praxis Precision Medicines, Inc.'s cash, cash equivalents, and marketable securities?
- Praxis Precision Medicines, Inc. (PRAX) reported cash, cash equivalents, and marketable securities of $763.2M in Q1 2026.
- How has Praxis Precision Medicines, Inc.'s cash, cash equivalents, and marketable securities changed year-over-year?
- Praxis Precision Medicines, Inc.'s cash, cash equivalents, and marketable securities increased by 3834.0% year-over-year, from $19.4M to $763.2M.
- What does cash, cash equivalents, and marketable securities mean?
- This represents the most liquid assets held by the company, including cash on hand, bank deposits, and short-term investments that can be readily converted into cash. It serves as the primary buffer for operational liquidity and potential capital allocation activities. Investors monitor this to assess the company's ability to meet short-term obligations and fund growth initiatives.