Kyverna 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
KYTX$5.08-1.7%Stored close · as of Nov 10, 2026
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Condensed Statements of Operations and Comprehensive Income (Loss)
(in thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses | ||||
| Research and development | $35,816 | $27,321 | $73,249 | $49,797 |
| General and administrative | 8,594 | 6,114 | 18,569 | 12,996 |
| Total operating expenses | 44,410 | 33,435 | 91,818 | 62,793 |
| Loss from operations | (44,410) | (33,435) | (91,818) | (62,793) |
| Interest income | 2,364 | 4,694 | 5,189 | 7,429 |
| Interest expense | (14) | (39) | (38) | (83) |
| Other expenses, net | (21) | (23) | (49) | (49) |
| Total other income, net | 2,329 | 4,632 | 5,102 | 7,297 |
| Net loss | (42,081) | (28,803) | (86,716) | (55,496) |
| Other comprehensive loss | ||||
| Unrealized loss on available-for-sale marketable securities, net | (19) | (36) | (125) | (41) |
| Total other comprehensive loss | (19) | (36) | (125) | (41) |
| Net loss and other comprehensive loss | $(42,100) | $(28,839) | $(86,841) | $(55,537) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.97) | $(0.67) | $(2.01) | $(1.66) |
| Weighted-average shares of common stock outstanding, basic and diluted | 43,225,365 | 43,125,709 | 43,220,498 | 33,439,886 |
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