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Rapport Therapeutics, Inc.

For the period ended Dec 31, 2025. Filed Mar 10, 2026.

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About this filing

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 10, 2026

RAPP$26.07+6.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Consolidated Balance Sheets

(In thousands, except share data)

December 31,2025December 31,2024
Assets
Current assets
Cash and cash equivalents$52,645$56,805
Short-term investments437,894248,475
Restricted cash105105
Prepaid expenses and other current assets7,9174,417
Total current assets498,561309,802
Property and equipment, net2,9763,529
Operating lease right of use asset, net9,9091,442
Other assets985160
Total assets$512,431$314,933
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable$4,190$1,954
Accrued expenses and other current liabilities12,1046,076
Operating lease liability2,755737
Total current liabilities19,0498,767
Operating lease liability, net of current portion8,729739
Total liabilities27,7789,506
Commitments and contingencies (Note 12)
Stockholders’ equity
Undesignated preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2025 and December 31, 2024, respectively; zero shares issued and outstanding at December 31, 2025 and December 31, 2024——
Common stock, $0.001 par value; 500,000,000 shares authorized at December 31, 2025 and December 31, 2024; 47,772,567 shares and 36,580,202 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively4837
Additional paid-in capital719,287429,657
Accumulated other comprehensive income (loss)546(522)
Accumulated deficit(235,228)(123,745)
Total stockholders’ equity484,653305,427
Total liabilities and stockholders’ equity$512,431$314,933
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.