GERON CORP
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
GERN$1.00+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (In thousands, except share and per share data) | |||
| Revenues: | |||
| Product revenue, net | $183,623 | $76,495 | $- |
| Royalties | 258 | 499 | 237 |
| Costs and operating expenses: | |||
| Cost of goods sold | 4,745 | 1,256 | — |
| Research and development | 71,433 | 103,738 | 125,046 |
| Selling, general and administrative | 159,256 | 145,732 | 69,135 |
| Restructuring charges | 17,032 | — | — |
| Total costs and operating expenses | 252,466 | 250,726 | 194,181 |
| Loss from operations | (68,585) | (173,732) | (193,944) |
| Interest income | 18,117 | 19,607 | 18,152 |
| Interest expense | (32,657) | (18,504) | (8,312) |
| Other income (expense), net | (375) | (236) | (23) |
| Loss on extinguishment of debt | — | (1,707) | — |
| Net loss | $(83,500) | $(174,572) | $(184,127) |
| Basic and diluted net loss per share | $(0.13) | $(0.27) | $(0.32) |
| Weighted average common shares outstanding | 666,662,989 | 646,033,247 | 570,645,405 |
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