Tango Therapeutics Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
TNGX$24.30+6.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Collaboration revenue | $29,969 | $31,527 | $24,860 |
| License revenue | 12,100 | 5,000 | — |
| Total revenue | 42,069 | 36,527 | 24,860 |
| Operating expenses: | |||
| Research and development | 143,918 | 115,198 | 105,906 |
| General and administrative | 43,746 | 35,502 | 30,025 |
| Total operating expenses | 187,664 | 150,700 | 135,931 |
| Loss from operations | (145,595) | (114,173) | (111,071) |
| Other income: | |||
| Interest income | 7,890 | 6,619 | 1,456 |
| Other income, net | 7,611 | 5,944 | 1,493 |
| Total other income, net | 15,501 | 12,563 | 2,949 |
| Loss before income taxes | (130,094) | (101,610) | (108,122) |
| Provision for income taxes | (208) | (134) | (54) |
| Net loss | $(130,302) | $(101,744) | $(108,176) |
| Net loss per common share – basic and diluted | $(1.19) | $(1.08) | $(1.23) |
| Weighted average number of common shares outstanding – basic and diluted | 109,226,731 | 94,572,448 | 87,820,037 |
| Net loss | $(130,302) | $(101,744) | $(108,176) |
| Other comprehensive income (loss): | |||
| Unrealized gain (loss) on marketable securities | 150 | 3,891 | (2,940) |
| Comprehensive loss | $(130,152) | $(97,853) | $(111,116) |
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