Tango Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Mar 5, 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 Mar 5, 2026
TNGX$24.30+6.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Collaboration revenue | $62,384 | $29,969 | $31,527 |
| License revenue | — | 12,100 | 5,000 |
| Total revenue | 62,384 | 42,069 | 36,527 |
| Operating expenses: | |||
| Research and development | 132,165 | 143,918 | 115,198 |
| General and administrative | 41,508 | 43,746 | 35,502 |
| Total operating expenses | 173,673 | 187,664 | 150,700 |
| Loss from operations | (111,289) | (145,595) | (114,173) |
| Other income: | |||
| Interest income | 5,630 | 7,890 | 6,619 |
| Other income, net | 4,069 | 7,611 | 5,944 |
| Total other income, net | 9,699 | 15,501 | 12,563 |
| Loss before income taxes | (101,590) | (130,094) | (101,610) |
| Provision for income taxes | (4) | (208) | (134) |
| Net loss | $(101,594) | $(130,302) | $(101,744) |
| Net loss per common share – basic and diluted | $(0.87) | $(1.19) | $(1.08) |
| Weighted average number of common shares outstanding – basic and diluted | 116,166,187 | 109,226,731 | 94,572,448 |
| Net loss | $(101,594) | $(130,302) | $(101,744) |
| Other comprehensive income (loss): | |||
| Unrealized (loss) gain on marketable securities | (112) | 150 | 3,891 |
| Comprehensive loss | $(101,706) | $(130,152) | $(97,853) |
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