Janux Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
JANX$12.76-27.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Collaboration revenue | $10,000 | $10,588 | $8,083 |
| Operating expenses: | |||
| Research and development | 125,896 | 68,388 | 54,922 |
| General and administrative | 41,771 | 41,047 | 26,140 |
| Total operating expenses | 167,667 | 109,435 | 81,062 |
| Loss from operations | (157,667) | (98,847) | (72,979) |
| Other income: | |||
| Interest income | 44,042 | 29,853 | 14,686 |
| Total other income | 44,042 | 29,853 | 14,686 |
| Net loss | $(113,625) | $(68,994) | $(58,293) |
| Other comprehensive gain (loss): | |||
| Unrealized gain on available-for-sale securities, net | 2,153 | 1,498 | 2,200 |
| Comprehensive loss | $(111,472) | $(67,496) | $(56,093) |
| Net loss per common share, basic and diluted | $(1.83) | $(1.28) | $(1.32) |
| Weighted-average shares of common stock outstanding, basic and diluted | 61,966,999 | 53,751,480 | 44,016,283 |
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