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Cullinan Therapeutics Inc

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

CGEM$11.23-4.3%Stored close · as of Nov 10, 2026

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Consolidated Statements of Operations and Comprehensive Income (Loss)

(in thousands, except per share amounts)

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Operating expenses:
Research and development$36,259$27,391$66,905$79,487
General and administrative13,76810,21426,11120,874
Total operating expenses50,02737,60593,016100,361
Loss from operations(50,027)(37,605)(93,016)(100,361)
Other income (expense):
Interest income8,0715,32213,7649,830
Other income (expense), net(72)69(116)176
Net loss(42,028)(32,214)(79,368)(90,355)
Net loss attributable to noncontrolling interests——(192)(179)
Net loss attributable to common stockholders of Cullinan$(42,028)$(32,214)$(79,176)$(90,176)
Comprehensive income (loss):
Net loss$(42,028)$(32,214)$(79,368)$(90,355)
Unrealized gain (loss) on investments(145)(383)(347)976
Comprehensive loss(42,173)(32,597)(79,715)(89,379)
Comprehensive loss attributable to noncontrolling interests——(192)(179)
Comprehensive loss attributable to Cullinan$(42,173)$(32,597)$(79,523)$(89,200)
Net loss per share attributable to common stockholders of Cullinan:
Basic and diluted$(0.75)$(0.82)$(1.61)$(2.24)
Weighted-average shares used in computing net loss per share attributable to common stockholders of Cullinan:
Basic and diluted55,05239,95249,03140,315
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.