Maze Therapeutics, Inc.
For the period ended Jun 30, 2025. Filed Aug 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.
Jun 30, 2025 · Filed Aug 12, 2025
MAZE$35.45+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations and Comprehensive (Loss) Income
(In thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| License revenue | $— | $165,000 | $— | $165,000 |
| Operating expenses: | ||||
| Research and development | 28,108 | 19,546 | 55,688 | 41,423 |
| General and administrative | 8,366 | 5,899 | 16,187 | 12,036 |
| Total operating expenses | 36,474 | 25,445 | 71,875 | 53,459 |
| (Loss) income from operations | (36,474) | 139,555 | (71,875) | 111,541 |
| Interest and other income, net | 2,795 | 1,011 | 5,410 | 1,292 |
| Change in fair value of convertible promissory notes | — | 216 | — | (4,545) |
| (Loss) income before income tax expense | (33,679) | 140,782 | (66,465) | 108,288 |
| Income tax expense | — | (1,726) | — | (1,726) |
| Net (loss) income and comprehensive (loss) income | $(33,679) | $139,056 | $(66,465) | $106,562 |
| Allocation of undistributed earnings to participating securities (see Note 12) | — | (124,912) | — | (95,824) |
| Net (loss) income attributable to common stockholders, basic (see Note 12) | $(33,679) | $14,144 | $(66,465) | $10,738 |
| Net (loss) income attributable to common stockholders, diluted (see Note 12) | $(33,679) | $13,884 | $(66,465) | $10,415 |
| Net (loss) income per share attributable to common stockholders (see Note 12): | ||||
| Basic | $(0.77) | $5.92 | $(1.83) | $4.54 |
| Diluted | $(0.77) | $3.22 | $(1.83) | $3.18 |
| Weighted-average shares of common stock outstanding used to compute net (loss) income per share attributable to common stockholders (see Note 12): | ||||
| Basic | 43,797,421 | 2,389,119 | 36,254,828 | 2,362,866 |
| Diluted | 43,797,421 | 4,314,359 | 36,254,828 | 3,270,120 |
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