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HERON THERAPEUTICS, INC. /DE/

For the period ended Sep 30, 2025. Filed Nov 4, 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.

Sep 30, 2025 · Filed Nov 4, 2025

HRTX$0.37+0.9%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except per share amounts)

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Revenues:
Net product sales$38,213$32,810$114,316$103,504
Cost of product sales11,9149,45830,22828,420
Gross profit26,29923,35284,08875,084
Operating expenses:
Research and development3,4704,4658,68313,505
General and administrative13,98012,37341,15341,252
Sales and marketing12,94210,97236,82836,028
Total operating expenses30,39227,81086,66490,785
Loss from operations(4,093)(4,458)(2,576)(15,701)
Loss on debt extinguishment(11,339)—(11,339)—
Other expense, net(2,063)(390)(3,326)(1,542)
Net loss(17,495)(4,848)(17,241)(17,243)
Other comprehensive loss:
Unrealized gain (loss) on short-term investments148(13)27
Comprehensive loss$(17,494)$(4,800)$(17,254)$(17,216)
Basic and diluted net loss per share$(0.10)$(0.03)$(0.11)$(0.11)
Weighted average common shares outstanding, basic and diluted170,348152,830159,524152,213
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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.