Tango Therapeutics, Inc.
For the period ended Mar 31, 2025. Filed May 12, 2025.
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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.
Mar 31, 2025 · Filed May 12, 2025
TNGX$22.74+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $58,432 | $69,530 |
| Marketable securities | 158,292 | 188,387 |
| Restricted cash | 428 | — |
| Prepaid expenses and other current assets | 7,778 | 8,426 |
| Total current assets | 224,930 | 266,343 |
| Property and equipment, net | 7,539 | 8,102 |
| Operating lease right-of-use assets | 39,697 | 39,476 |
| Restricted cash, net of current portion | 2,139 | 2,567 |
| Other assets | 1 | 4 |
| Total assets | $274,306 | $316,492 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $3,239 | $1,601 |
| Accrued expenses and other current liabilities | 10,374 | 16,497 |
| Operating lease liabilities | 2,824 | 2,454 |
| Deferred revenue | 19,480 | 17,618 |
| Total current liabilities | 35,917 | 38,170 |
| Operating lease liabilities, net of current portion | 34,122 | 34,039 |
| Deferred revenue, net of current portion | 37,511 | 44,766 |
| Total liabilities | 107,550 | 116,975 |
| Commitments and contingencies (Note 8) | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | — | — |
| Stockholders' equity: | ||
| Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2025 and December 31, 2024, respectively; 108,107,890 and 107,729,343 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | 108 | 108 |
| Additional paid-in capital | 707,888 | 700,631 |
| Accumulated other comprehensive income | 194 | 336 |
| Accumulated deficit | (541,434) | (501,558) |
| Total stockholders’ equity | 166,756 | 199,517 |
| Total liabilities and stockholders’ equity | $274,306 | $316,492 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.