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Olema Pharmaceuticals, Inc.

For the period ended Jun 30, 2025. Filed Aug 11, 2025.

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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, 2025 · Filed Aug 11, 2025

OLMA$7.27-1.2%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

(Amounts in thousands, except for share and per share amounts)

Three Months Ended June 30, · Six Months Ended June 30,
2025 · 2024 · 2025 · 2024
Operating expenses:
Research and development¹$43,902$29,109$74,526$58,992
General and administrative3,9624,4218,2118,877
Total operating expenses47,86433,53082,73767,869
Loss from operations(47,864)(33,530)(82,737)(67,869)
Other income:
Interest income4,0423,1088,5666,460
Other income (loss)3840(2)57
Total other income4,0803,1488,5646,517
Net loss$(43,784)$(30,382)$(74,173)$(61,352)
Net loss per share, basic and diluted$(0.51)$(0.54)$(0.87)$(1.10)
Weighted average shares used to compute net loss per share, basic and diluted²85,497,42656,282,40285,462,02155,928,363
¹ The amounts for the three and six months ended June 30, 2025 include a one-time milestone payment to Aurigene of $10 million. The amount for the six months ended June 30, 2024 include a one-time milestone payment to Aurigene of $5 million.
² The weighted average shares used to compute net loss per share, basic and diluted, include the effect from the pre-funded warrants.
Three Months Ended June 30, · Six Months Ended June 30,
2025 · 2024 · 2025 · 2024
Net loss$(43,784)$(30,382)$(74,173)$(61,352)
Other comprehensive (loss) gain:
Net unrealized (loss) gain on marketable securities(106)(108)171(465)
Total comprehensive loss$(43,890)$(30,490)$(74,002)$(61,817)
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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.