Cullinan Therapeutics, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
View on SEC.govAbout 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, 2025 · Filed Aug 7, 2025
CGEM$11.23-4.3%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 Stockholders’ Equity
| Preferred Stock · Common Stock · AdditionalPaid-In · AccumulatedOtherComprehensive · Accumulated · Noncontrolling · Total Stockholders' | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Income (Loss) | Deficit | Interests | Equity | |
| Balances at December 31, 2024 | 647,500 | $— | 58,510,610 | $6 | $958,695 | $(133) | $(368,240) | $— | $590,328 |
| Issuance of common stock under equity-based compensation plans | — | — | 188,309 | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | — | 9,374 | — | — | — | 9,374 |
| Unrealized gain on investments | — | — | — | — | — | 638 | — | — | 638 |
| Net loss | — | — | — | — | — | — | (48,501) | — | (48,501) |
| Balances at March 31, 2025 | 647,500 | — | 58,698,919 | 6 | 968,069 | 505 | (416,741) | — | 551,839 |
| Issuance of common stock under equity-based compensation plans | — | — | 59,724 | — | 373 | — | — | — | 373 |
| Issuance of common stock upon exercise of pre-funded warrants | — | — | 315,748 | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | — | 9,887 | — | — | — | 9,887 |
| Unrealized gain on investments | — | — | — | — | — | 102 | — | — | 102 |
| Net loss | — | — | — | — | — | — | (70,055) | — | (70,055) |
| Balances at June 30, 2025 | 647,500 | $— | 59,074,391 | $6 | $978,329 | $607 | $(486,796) | $— | $492,146 |
Consolidated Statements of STOCKHOLDERS’ EQUITY
| Preferred Stock · Common Stock · AdditionalPaid-In · AccumulatedOtherComprehensive · Accumulated · Noncontrolling · Total Stockholders' | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Income (Loss) | Deficit | Interests | Equity | |
| Balances at December 31, 2023 | 647,500 | $— | 42,900,083 | $4 | $654,685 | $(129) | $(200,857) | $192 | $453,895 |
| Issuance of common stock under equity-based compensation plans | — | — | 165,562 | — | 1,085 | — | — | — | 1,085 |
| Equity-based compensation | — | — | — | — | 8,227 | — | — | — | 8,227 |
| Unrealized loss on investments | — | — | — | — | — | (202) | — | — | (202) |
| Net loss | — | — | — | — | — | — | (37,148) | (192) | (37,340) |
| Balances at March 31, 2024 | 647,500 | — | 43,065,645 | 4 | 663,997 | (331) | (238,005) | — | 425,665 |
| Issuance of common stock and pre-funded warrants, net of issuance costs | — | — | 14,421,070 | 1 | 262,651 | — | — | — | 262,652 |
| Issuance of common stock under equity-based compensation plans | — | — | 384,923 | 1 | 3,335 | — | — | — | 3,336 |
| Equity-based compensation | — | — | — | — | 10,533 | — | — | — | 10,533 |
| Acquisition of noncontrolling interests | — | — | — | — | (3,792) | — | — | — | (3,792) |
| Unrealized loss on investments | — | — | — | — | — | (145) | — | — | (145) |
| Net loss | — | — | — | — | — | — | (42,028) | — | (42,028) |
| Balances at June 30, 2024 | 647,500 | $— | 57,871,638 | $6 | $936,724 | $(476) | $(280,033) | $— | $656,221 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.