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Nuvation Bio Inc.

For the period ended Sep 30, 2025. Filed Nov 3, 2025.

View on SEC.gov

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.

Sep 30, 2025 · Filed Nov 3, 2025

NUVB$4.20-3.4%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

(Unaudited, In thousands, except share data)

For the Three and Nine Months Ended September 30, 2025 and 2024

Common Stock andAdditional Paid-in Capital · Accumulated · AccumulatedOtherComprehensive · TotalStockholders'
Class A SharesClass B SharesAmountDeficitIncome (Loss)Equity
Balance, December 31, 2024336,837,8721,000,000$1,373,958$(910,743)$573$463,788
Exercise of stock options1,976,775—1,082——1,082
Issuance of Common Stock for RSUs vested25,778—————
Stock-based compensation——7,854——7,854
Net loss———(53,236)—(53,236)
Currency translation adjustment————465465
Other comprehensive loss————(493)(493)
Balance, March 31, 2025338,840,4251,000,0001,382,894(963,979)545419,460
Exercise of stock options855,851—762——762
Issuance of Common Stock for RSUs vested1,265,096—————
Issuance of Common Stock for purchase under the ESPP272,191—533——533
Stock-based compensation——12,031——12,031
Net loss———(59,007)—(59,007)
Currency translation adjustment————(647)(647)
Other comprehensive loss————(225)(225)
Balance, June 30, 2025341,233,5631,000,0001,396,220(1,022,986)(327)372,907
Exercise of stock options510,208—558——558
Issuance of Common Stock for RSUs vested12,616—————
Stock-based compensation——8,021——8,021
Net loss———(55,792)—(55,792)
Currency translation adjustment————(313)(313)
Other comprehensive income————501501
Balance, September 30, 2025341,756,3871,000,000$1,404,799$(1,078,778)$(139)$325,882
Convertible Preferred Stock · Common Stock andAdditional Paid-in Capital · Accumulated · AccumulatedOtherComprehensive · TotalStockholders'
Class A Shares · Amount · Class A Shares · Class B Shares · Amount · Deficit · Income (Loss) · Equity
Balance, December 31, 2023—$—218,046,2191,000,000$947,745$(342,804)$181$605,122
Exercise of stock options——37,000—21——21
Stock-based compensation————5,041——5,041
Net loss—————(14,792)—(14,792)
Other comprehensive loss——————(1,350)(1,350)
Balance, March 31, 2024——218,083,2191,000,000952,807(357,596)(1,169)594,042
Issuance of Common Stock for AnHeart acquisition——27,646,255—89,297——89,297
Issuance of convertible preferred stock related to the AnHeart acquisition851,202274,938——————
Issuance of replacement awards related to the AnHeart acquisition————24,818——24,818
Issuance of Common Stock for purchase under the ESPP——93,723—108——108
Issuance of Common Stock for RSUs vested——40,342—————
Exercise of stock options——1,761,190—1,948——1,948
Stock-based compensation————9,569——9,569
Net loss—————(462,492)—(462,492)
Currency translation adjustment—————148148
Other comprehensive loss——————(245)(245)
Balance, June 30, 2024851,202274,938247,624,7291,000,0001,078,547(820,088)(1,266)257,193
Conversion of preferred stock to Common Stock related to the AnHeart acquisition(851,202)(274,938)85,120,200—274,938——274,938
Issuance of Common Stock for RSUs vested——161,795—————
Exercise of stock options——2,341,918—1,670——1,670
Stock-based compensation————7,476——7,476
Net loss—————(41,210)—(41,210)
Currency translation adjustment—————(742)(742)
Other comprehensive loss——————3,3893,389
Balance, September 30, 2024—$—335,248,6421,000,000$1,362,631$(861,298)$1,381$502,714
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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.