CGON
CG Oncology, Inc.
Company overview
- Market capitalization
- $6.17B
- Employees
- 142
- Latest publication
- 2026-09-29
About CG Oncology, Inc.
CG Oncology, Inc., a late-stage clinical biopharmaceutical company, develops and commercializes cretostimogene grenadenorepvec for patients with bladder cancer in the United States. The company's product candidate is cretostimogene, an investigational oncolytic immunotherapy, which is in phase 2 clinical trials of cretostimogene in patients with high-risk NMIBC after BCG failure; a phase 3 clinical trials to evaluate the safety and efficacy of cretostimogene as monotherapy in the treatment of patients who have received adequate BCG therapy with high-risk BCG-unresponsive, CIS-containing NMIBC and BCG-unresponsive Ta, or T1 papillary tumors; phase 3 BOND-003 Cohort C trials as a single agent; phase 3 BOND-003 Cohort P as a single agent in patients with BCG-UR papillary-only NMIBC. It also develops cretostimogene monotherapy for intermediate-risk NMIBC following TURBT, which is in phase 3 PIVOT-006 clinical trials to assess the safety and efficacy of adjuvant cretostimogene; and cretostimogene monotherapy for high-risk NMIBC in phase 2 CORE-008 clinical trials to assess the safety and clinical outcomes of cretostimogene in treating patients with high-risk NMIBC, including BCG-exposed and BCG-naïve NMIBC. The company was formerly known as Cold Genesys, Inc. and changed its name to CG Oncology, Inc. in June 2020. CG Oncology, Inc. was founded in 2010 and is headquartered in Irvine, California.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,157,000USD | 1,083,000USD | 2,322,000USD | 1,666,000USD | 0USD | 52,000USD | 456,000USD | 43,000USD |
| Research Development | 54,657,000USD | 43,730,000USD | 29,959,000USD | 27,884,000USD | 31,331,000USD | 27,467,000USD | 26,800,000USD | 19,622,000USD |
| Selling General Administrative | 28,976,000USD | 20,780,000USD | 17,994,000USD | 23,334,000USD | 17,410,000USD | 14,789,000USD | 11,705,000USD | 8,716,000USD |
| General And Administrative Expenses | 28,976,000USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 83,633,000USD | 64,510,000USD | 48,108,000USD | 51,218,000USD | 48,741,000USD | 42,256,000USD | 38,505,000USD | 28,338,000USD |
| Operating Income | -86,401,000USD | -66,389,000USD | -48,700,000USD | -51,129,000USD | -48,741,000USD | -42,204,000USD | -38,049,000USD | -28,295,000USD |
| Total Other Income Expense Net | 7,345,000USD | 6,186,999USD | 7,391,000USD | 7,321,000USD | 7,315,000USD | 7,752,000USD | 6,251,000USD | 7,890,000USD |
| Interest Income | 7,329,000USD | 6,288,000USD | 7,444,000USD | 7,421,000USD | 7,319,000USD | 7,747,000USD | 6,245,000USD | 7,892,000USD |
| Net Income | -79,056,000USD | -60,202,000USD | -41,309,000USD | -43,808,000USD | -41,426,000USD | -34,452,000USD | -31,798,000USD | -20,405,000USD |
| Cost Of Revenue | 3,925,000USD | 2,962,000USD | 2,914,000USD | 1,577,000USD | 156,000USD | 0USD | — | 0USD |
| Gross Profit | — | -1,879,000USD | -592,000USD | 89,000USD | -156,000USD | 52,000USD | 456,000USD | 43,000USD |
| Net Interest Income | — | 6,288,000USD | 7,444,000USD | 7,421,000USD | 7,319,000USD | 7,747,000USD | 6,245,000USD | 7,892,000USD |
| Income Before Tax | — | -60,202,000USD | -41,309,000USD | -43,808,000USD | -41,426,000USD | -34,452,000USD | -31,798,000USD | -20,405,000USD |
| Net Income From Continuing Ops | — | -60,202,000USD | -41,309,000USD | -43,808,000USD | -41,426,000USD | -34,452,000USD | -31,798,000USD | -20,405,000USD |
| Ebit | — | -66,388,999USD | -41,309,000USD | -43,808,000USD | -48,741,000USD | -42,204,000USD | -38,017,000USD | -28,295,000USD |
| Ebitda | — | -65,547,999USD | -40,460,000USD | -43,392,000USD | -48,585,000USD | -42,180,000USD | -38,049,000USD | -28,274,000USD |
| Depreciation And Amortization | — | 841,000USD | 849,000USD | 416,000USD | 156,000USD | 24,000USD | -32,000USD | 21,000USD |
| Reconciled Depreciation | — | 841,000USD | 849,000USD | 416,000USD | 156,000USD | 24,000USD | 0USD | 21,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Total Revenue | 4,040,000USD | 1,139,000USD | 204,000USD | 191,000USD | 10,358,000USD |
| Cost Of Revenue | 4,647,000USD | 32,000USD | 17,000USD | 15,000USD | 10,000USD |
| Gross Profit | -607,000USD | 1,139,000USD | 204,000USD | 176,000USD | 10,348,000USD |
| Research Development | 116,641,000USD | 82,102,000USD | 45,752,000USD | 29,029,000USD | 18,319,000USD |
| Selling General Administrative | 73,526,000USD | 33,703,000USD | 9,901,000USD | 6,408,000USD | 4,645,000USD |
| Total Operating Expenses | 190,167,000USD | 115,805,000USD | 55,653,000USD | 35,422,000USD | 22,954,000USD |
| Operating Income | -190,774,000USD | -114,666,000USD | -55,449,000USD | -35,246,000USD | -12,606,000USD |
| Interest Income | 29,931,000USD | 26,624,000USD | 6,904,000USD | — | — |
| Net Interest Income | 29,931,000USD | 26,624,000USD | 6,904,000USD | -1,000USD | -451,000USD |
| Income Before Tax | -160,995,000USD | -88,039,000USD | -48,607,000USD | -35,443,000USD | -12,839,000USD |
| Net Income | -160,995,000USD | -88,039,000USD | -48,607,000USD | -35,443,000USD | -12,839,000USD |
| Net Income From Continuing Ops | -160,995,000USD | -88,039,000USD | -48,607,000USD | -35,443,000USD | -12,839,000USD |
| Ebit | -160,995,000USD | -114,666,000USD | -55,449,000USD | -35,246,000USD | -12,388,000USD |
| Ebitda | -159,550,000USD | -114,634,000USD | -55,432,000USD | -35,231,000USD | -12,378,000USD |
| Depreciation And Amortization | 1,445,000USD | 32,000USD | 17,000USD | 15,000USD | 10,000USD |
| Reconciled Depreciation | 1,445,000USD | 32,000USD | 17,000USD | 15,000USD | 10,000USD |
| Total Other Income Expense Net | 29,779,000USD | 26,627,000USD | 6,842,000USD | -197,000USD | -233,000USD |
| Selling And Marketing Expenses | — | — | 17,000USD | 15,000USD | 10,000USD |
| Interest Expense | — | — | 6,904,000USD | 1,000USD | 451,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,085,655,000USD | 1,135,262,000USD | 791,592,000USD | 729,913,000USD | 701,445,000USD | 728,181,000USD | 754,797,000USD | 552,471,000USD |
| Cash And Equivalents | 19,636,000USD | — | — | — | — | — | — | — |
| Cash And Short Term Investments | 1,028,278,000USD | 1,076,242,000USD | 742,155,000USD | 680,263,000USD | 661,052,000USD | 688,434,000USD | 741,998,000USD | 540,710,000USD |
| Short Term Investments | 1,008,642,000USD | 1,042,542,000USD | 709,665,000USD | 635,118,000USD | 646,428,000USD | 646,962,000USD | 484,930,000USD | 497,299,000USD |
| Total Current Assets | 1,049,647,000USD | 1,102,143,000USD | 759,475,000USD | 695,790,000USD | 673,030,000USD | 701,192,000USD | 754,210,000USD | 552,080,000USD |
| Other Current Assets | 19,949,000USD | 23,133,000USD | 15,067,000USD | 13,511,000USD | 11,416,000USD | 12,413,000USD | 11,431,000USD | 11,233,000USD |
| Other Non Current Assets | 4,729,000USD | — | — | — | — | — | — | — |
| Total Liabilities | 56,537,000USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 47,240,000USD | 35,216,000USD | 30,836,000USD | 30,528,000USD | 30,381,000USD | 22,642,000USD | 21,368,000USD | 15,630,000USD |
| Other Non Current Liabilities | 1,156,000USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 1,029,118,000USD | 1,091,779,000USD | 752,602,000USD | 687,643,000USD | 670,358,000USD | 704,758,000USD | 733,377,000USD | 536,770,000USD |
| Total Equity Including Noncontrolling Interest | 1,029,118,000USD | — | — | — | — | — | — | — |
| Long Term Debt | 3,000,000USD | 3,000,000USD | 3,000,000USD | 3,000,000USD | — | — | — | — |
| Inventory | 1,003,000USD | 1,493,000USD | 1,565,000USD | 1,501,000USD | — | — | 0USD | — |
| Property Plant Equipment Net | 20,437,000USD | 19,586,000USD | 19,567,000USD | 19,532,000USD | 1,218,000USD | 1,297,000USD | 493,000USD | 338,000USD |
| Goodwill | 10,297,000USD | — | — | — | — | — | — | — |
| Accounts Payable | 12,727,000USD | 8,236,000USD | 5,714,000USD | 9,193,000USD | 7,125,000USD | 6,731,000USD | 6,517,000USD | 4,076,000USD |
| Short Term Debt | 985,000USD | 1,066,000USD | 915,000USD | 912,000USD | 288,000USD | 255,000USD | 186,000USD | 225,000USD |
| Common Stock | 9,000USD | 9,000USD | 8,000USD | 8,000USD | 8,000USD | 8,000USD | 8,000USD | 7,000USD |
| Retained Earnings | -518,234,000USD | -439,178,000USD | -378,976,000USD | -337,667,000USD | -293,859,000USD | -252,433,000USD | -217,981,000USD | -186,183,000USD |
| Intangible Assets | — | 560,000USD | 575,000USD | 1,672,000USD | — | — | — | — |
| Total Liab | — | 43,483,000USD | 38,990,000USD | 42,270,000USD | 31,087,000USD | 23,423,000USD | 21,420,000USD | 15,701,000USD |
| Other Current Liab | — | 25,914,000USD | 24,207,000USD | 20,164,000USD | 22,968,000USD | 15,656,000USD | 14,665,000USD | 11,329,000USD |
| Capital Stock | — | 9,000USD | 8,000USD | 8,000USD | 8,000USD | 8,000USD | 8,000USD | 7,000USD |
| Good Will | — | 10,297,000USD | 10,297,000USD | 12,805,000USD | — | — | 0USD | — |
| Cash | — | 33,700,000USD | 32,490,000USD | 45,145,000USD | 14,624,000USD | 41,472,000USD | 257,068,000USD | 43,411,000USD |
| Net Debt | — | -26,125,000USD | -25,469,000USD | -37,904,000USD | -13,630,000USD | -40,436,000USD | -256,830,000USD | -43,115,000USD |
| Short Long Term Debt Total | — | 7,575,000USD | 7,021,000USD | 7,241,000USD | 994,000USD | 1,036,000USD | 238,000USD | 296,000USD |
| Net Receivables | — | 1,275,000USD | 688,000USD | 515,000USD | 562,000USD | 345,000USD | 781,000USD | 137,000USD |
| Property Plant Equipment Gross | — | 21,880,000USD | 21,041,000USD | 20,155,000USD | 1,218,000USD | 1,297,000USD | 493,000USD | 338,000USD |
| Common Stock Shares Outstanding | — | 84,518,512shares | 77,303,440shares | 76,729,726shares | 76,226,829shares | 76,187,621shares | 64,820,235shares | 67,143,744shares |
| Non Current Assets Total | — | 33,119,000USD | 32,117,000USD | 34,123,000USD | 28,415,000USD | 26,989,000USD | 587,000USD | 391,000USD |
| Non Current Liabilities Total | — | 8,267,000USD | 8,154,000USD | 11,742,000USD | 706,000USD | 781,000USD | 52,000USD | 71,000USD |
| Non Current Liabilities Other | — | 1,451,000USD | 1,741,000USD | 3,804,000USD | — | — | — | — |
| Non Currrent Assets Other | — | 2,676,000USD | 1,678,000USD | 114,000USD | 27,197,000USD | 25,692,000USD | 94,000USD | 53,000USD |
| Net Working Capital | — | 1,066,927,000USD | 728,639,000USD | 665,262,000USD | 642,649,000USD | 678,550,000USD | 732,842,000USD | 536,450,000USD |
| Unclassified Non Current Liabilities | — | 3,816,000USD | 3,413,000USD | 4,938,000USD | — | — | — | — |
| Unclassified Equity | — | 1,530,939,000USD | 1,131,562,000USD | 1,025,294,000USD | 964,201,000USD | 957,175,000USD | 951,342,000USD | 722,939,000USD |
| Current Deferred Revenue | — | — | — | 259,000USD | — | — | — | — |
| Accumulated Other Comprehensive Income | — | — | — | — | 0USD | — | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Total Assets | 791,592,000USD | 754,797,000USD | 199,301,000USD | 147,747,000USD | 58,692,000USD |
| Intangible Assets | 575,000USD | — | — | — | — |
| Other Current Assets | 15,067,000USD | 11,431,000USD | 6,358,000USD | 3,424,000USD | 4,798,000USD |
| Total Liab | 38,990,000USD | 21,420,000USD | 14,511,000USD | 22,570,000USD | 18,440,000USD |
| Total Stockholder Equity | 752,602,000USD | 733,377,000USD | 184,790,000USD | 125,177,000USD | 40,252,000USD |
| Other Current Liab | 24,207,000USD | 14,665,000USD | 10,226,000USD | 5,289,000USD | 1,957,000USD |
| Common Stock | 8,000USD | 8,000USD | — | 4,000USD | 3,000USD |
| Capital Stock | 8,000USD | 8,000USD | 307,890,000USD | 202,870,000USD | 82,870,000USD |
| Retained Earnings | -378,976,000USD | -217,981,000USD | -129,942,000USD | -81,335,000USD | -45,892,000USD |
| Good Will | 10,297,000USD | 0USD | — | — | — |
| Cash | 32,490,000USD | 257,068,000USD | 8,266,000USD | 88,143,000USD | 53,607,000USD |
| Cash And Short Term Investments | 742,155,000USD | 741,998,000USD | 187,674,000USD | 143,481,000USD | 53,607,000USD |
| Total Current Assets | 759,475,000USD | 754,210,000USD | 194,124,000USD | 147,208,000USD | 58,407,000USD |
| Total Current Liabilities | 30,836,000USD | 21,368,000USD | 14,254,000USD | 15,429,000USD | 5,975,000USD |
| Net Debt | -25,469,000USD | -256,830,000USD | -7,236,000USD | -72,199,000USD | -38,478,000USD |
| Short Term Debt | 915,000USD | 186,000USD | 786,000USD | 9,155,000USD | 3,015,000USD |
| Short Long Term Debt Total | 7,021,000USD | 238,000USD | 1,030,000USD | 15,944,000USD | 15,129,000USD |
| Long Term Debt | 3,000,000USD | — | — | 6,532,000USD | 12,064,000USD |
| Short Term Investments | 709,665,000USD | 484,930,000USD | 179,408,000USD | 55,338,000USD | 0USD |
| Net Receivables | 688,000USD | 781,000USD | 92,000USD | 303,000USD | 2,000USD |
| Inventory | 1,565,000USD | 0USD | — | — | — |
| Accounts Payable | 5,714,000USD | 6,517,000USD | 3,242,000USD | 985,000USD | 1,003,000USD |
| Property Plant Equipment Net | 19,567,000USD | 493,000USD | 491,000USD | 506,000USD | 200,000USD |
| Property Plant Equipment Gross | 21,041,000USD | 493,000USD | 491,000USD | 506,000USD | 200,000USD |
| Common Stock Shares Outstanding | 77,303,440shares | 62,496,725shares | 66,636,252shares | 66,636,252shares | 66,636,252shares |
| Non Current Assets Total | 32,117,000USD | 587,000USD | 5,177,000USD | 539,000USD | 285,000USD |
| Non Current Liabilities Total | 8,154,000USD | 52,000USD | 257,000USD | 7,141,000USD | 12,465,000USD |
| Non Current Liabilities Other | 1,741,000USD | — | 13,000USD | 352,000USD | 351,000USD |
| Non Currrent Assets Other | 1,678,000USD | 94,000USD | 4,686,000USD | 33,000USD | 85,000USD |
| Net Working Capital | 728,639,000USD | 732,842,000USD | 179,870,000USD | 131,779,000USD | 52,432,000USD |
| Unclassified Non Current Liabilities | 3,413,000USD | — | — | — | — |
| Unclassified Equity | 1,131,562,000USD | 951,342,000USD | 6,842,000USD | 3,638,000USD | 3,274,000USD |
| Other Assets | — | — | 1USD | — | — |
| Short Long Term Debt | — | — | — | 8,966,000USD | 2,943,000USD |
| Unclassified Current Liabilities | — | — | — | -8,966,000USD | -2,943,002USD |
| Current Deferred Revenue | — | — | — | — | 2USD |
| Accumulated Other Comprehensive Income | — | — | — | — | -3,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 1,691,000USD |
| Stock Based Compensation | 20,808,000USD |
| Other Non Cash Items | -92,000USD |
| Change To Account Receivables | 271,000USD |
| Change To Inventory | 562,000USD |
| Change To Liabilities | 15,704,000USD |
| Change In Working Capital | -87,000USD |
| Operating Cash Flow | -103,357,000USD |
| Capital Expenditures | -772,000USD |
| Net Investments | -303,645,000USD |
| Investing Cash Flow | -304,417,000USD |
| Net Common Stock Issuance | -194,000USD |
| Unclassified Financing Cash Flow | 395,114,000USD |
| Financing Cash Flow | 394,920,000USD |
| Change In Cash | -12,854,000USD |
| End Cash Flow | 19,636,000USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -60,202,000USD | -41,309,000USD | -43,808,000USD | -41,426,000USD | -34,452,000USD | -31,798,000USD | -20,405,000USD | -18,904,000USD |
| Depreciation | 841,000USD | 849,000USD | 416,000USD | 156,000USD | 24,000USD | 0USD | 21,000USD | 7,000USD |
| Stock Based Compensation | 6,474,000USD | 7,187,000USD | 7,331,000USD | 7,007,000USD | 5,151,000USD | 4,990,000USD | 2,649,000USD | 2,246,000USD |
| Other Non Cash Items | 8,197,000USD | 1,040,000USD | 40,000USD | -2,359,000USD | -469,000USD | 1,250,000USD | -1,586,000USD | -2,476,000USD |
| Change To Account Receivables | -587,000USD | -301,000USD | -238,000USD | -217,000USD | 436,000USD | -644,000USD | 45,000USD | -90,000USD |
| Change To Inventory | 72,000USD | -64,000USD | -380,000USD | — | 0USD | — | — | — |
| Change In Working Capital | -5,779,000USD | -3,983,000USD | -2,873,000USD | 8,663,000USD | 469,000USD | 4,896,000USD | 3,402,000USD | 3,007,000USD |
| Total Cash From Operating Activities | -56,943,000USD | -36,216,000USD | -38,894,000USD | -27,959,000USD | -29,277,000USD | -20,662,000USD | -15,919,000USD | -16,120,000USD |
| Capital Expenditures | -304,000USD | -7,000USD | -97,000USD | -14,000USD | -16,000USD | -209,000USD | -1,000USD | -14,000USD |
| Free Cash Flow | -57,247,000USD | -36,223,000USD | -38,991,000USD | -27,973,000USD | -29,293,000USD | -20,871,000USD | -15,918,000USD | -16,134,000USD |
| Investments | -334,541,000USD | -75,498,000USD | 15,045,000USD | 1,407,000USD | -186,769,000USD | 10,905,000USD | 32,005,000USD | -36,230,000USD |
| Total Cashflows From Investing Activities | -334,845,000USD | -75,505,000USD | 15,045,000USD | 1,407,000USD | -186,769,000USD | 10,905,000USD | 32,005,000USD | -36,230,000USD |
| Total Cash From Financing Activities | 392,998,000USD | 99,066,000USD | 54,370,000USD | -296,000USD | 450,000USD | 223,414,000USD | 2,167,000USD | 40,000USD |
| Issuance Of Capital Stock | 391,550,000USD | 98,449,000USD | 49,001,000USD | 0USD | 0USD | 223,059,000USD | 0USD | 0USD |
| Change In Cash | 1,210,000USD | -12,655,000USD | 30,521,000USD | -26,848,000USD | -215,596,000USD | 213,657,000USD | 18,253,000USD | -52,310,000USD |
| Begin Period Cash Flow | 32,490,000USD | 45,145,000USD | 14,624,000USD | 41,472,000USD | 257,068,000USD | 43,411,000USD | 25,158,000USD | 77,468,000USD |
| End Period Cash Flow | 33,700,000USD | 32,490,000USD | 45,145,000USD | 14,624,000USD | 41,472,000USD | 257,068,000USD | 43,411,000USD | 25,158,000USD |
| Other Cashflows From Financing Activities | -174,000USD | 99,066,000USD | 5,369,000USD | -296,000USD | 450,000USD | -365,000USD | 2,167,000USD | 40,000USD |
| Unclassified Operating Cash Flow | -6,474,000USD | — | — | — | — | — | — | — |
| Net Borrowings | — | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | — |
| Unclassified Financing Cash Flow | — | -98,449,000USD | — | — | — | — | — | — |
| Other Cashflows From Investing Activities | — | — | 26,000,000USD | -1,000,000USD | -25,000,000USD | — | — | — |
| Unclassified Investing Cash Flow | — | — | -25,903,000USD | 1,014,000USD | 25,016,000USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|---|
| Net Income | -160,995,000USD | -88,039,000USD | -48,607,000USD | -35,443,000USD | -12,839,000USD |
| Depreciation | 1,445,000USD | 32,000USD | 17,000USD | 15,000USD | 10,000USD |
| Stock Based Compensation | 26,676,000USD | 11,402,000USD | 1,528,000USD | 676,000USD | 1,112,000USD |
| Other Non Cash Items | -1,748,000USD | -5,014,000USD | -2,056,000USD | 509,000USD | 30,000USD |
| Change To Account Receivables | -320,000USD | -689,000USD | 0USD | — | — |
| Change To Inventory | -444,000USD | 0USD | 0USD | — | — |
| Change In Working Capital | 2,276,000USD | 2,906,000USD | 3,439,000USD | 4,439,000USD | -1,967,000USD |
| Total Cash From Operating Activities | -132,346,000USD | -78,713,000USD | -45,679,000USD | -29,804,000USD | -13,654,000USD |
| Capital Expenditures | -134,000USD | -234,000USD | 0USD | -14,000USD | -97,000USD |
| Free Cash Flow | -132,480,000USD | -78,947,000USD | -45,679,000USD | -29,818,000USD | -13,751,000USD |
| Investments | -223,721,000USD | -300,764,000USD | -121,195,000USD | -55,352,000USD | -97,000USD |
| Total Cashflows From Investing Activities | -245,822,000USD | -300,764,000USD | -121,195,000USD | -55,352,000USD | -97,000USD |
| Net Borrowings | 0USD | -365,000USD | -16,291,000USD | 0USD | 15,201,000USD |
| Total Cash From Financing Activities | 153,590,000USD | 628,279,000USD | 86,997,000USD | 119,692,000USD | 15,446,000USD |
| Issuance Of Capital Stock | 147,450,000USD | 629,469,000USD | 104,627,000USD | 119,526,000USD | 0USD |
| Change In Cash | -224,578,000USD | 248,802,000USD | -79,877,000USD | 34,536,000USD | 1,695,000USD |
| Begin Period Cash Flow | 257,068,000USD | 8,266,000USD | 88,143,000USD | 53,607,000USD | 51,912,000USD |
| End Period Cash Flow | 32,490,000USD | 257,068,000USD | 8,266,000USD | 88,143,000USD | 53,607,000USD |
| Other Cashflows From Financing Activities | 153,590,000USD | -825,000USD | 103,288,000USD | 119,526,000USD | -97,000USD |
| Unclassified Investing Cash Flow | -21,967,000USD | — | — | 55,352,000USD | — |
| Unclassified Financing Cash Flow | -147,450,000USD | — | -104,627,000USD | -119,360,000USD | — |
| Other Cashflows From Investing Activities | — | — | — | -55,338,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q2 2026Quarterly · 2026-06-30 | Product | Commercial And Development Revenue | 1,147,000 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Product | License And Collaboration Revenue | 10,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Product | Commercial And Development Revenue | 1,069,000 | USD | 0001193125-26-214669 |
| Q1 2026Quarterly · 2026-03-31 | Product | License And Collaboration Revenue | 14,000 | USD | 0001193125-26-214669 |
| FY 2025Yearly · 2025-12-31 | Product | Commercial And Development Revenue | 3,234,000 | USD | 0001193125-26-079498 |
| FY 2025Yearly · 2025-12-31 | Product | License And Collaboration Revenue | 806,000 | USD | 0001193125-26-079498 |
| Q3 2025Quarterly · 2025-09-30 | Product | Commercial And Development Revenue | 1,508,000 | USD | 0001193125-25-283000 |
| Q3 2025Quarterly · 2025-09-30 | Product | License And Collaboration Revenue | 158,000 | USD | 0001193125-25-283000 |
| Q1 2025Quarterly · 2025-03-31 | Product | Commercial And Development Revenue | 0 | USD | 0001193125-26-214669 |
| Q1 2025Quarterly · 2025-03-31 | Product | License And Collaboration Revenue | 52,000 | USD | 0001193125-26-214669 |
| FY 2024Yearly · 2024-12-31 | Product | Commercial And Development Revenue | 0 | USD | 0001193125-26-079498 |
| FY 2024Yearly · 2024-12-31 | Product | License And Collaboration Revenue | 1,139,000 | USD | 0001193125-26-079498 |
| Q3 2024Quarterly · 2024-09-30 | Product | Commercial And Development Revenue | 0 | USD | 0001193125-25-283000 |
| Q3 2024Quarterly · 2024-09-30 | Product | License And Collaboration Revenue | 43,000 | USD | 0001193125-25-283000 |
| FY 2023Yearly · 2023-12-31 | Product | Commercial And Development Revenue | 0 | USD | 0001193125-26-079498 |
| FY 2023Yearly · 2023-12-31 | Product | License And Collaboration Revenue | 204,000 | USD | 0001193125-26-079498 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.