Rapport Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Mar 10, 2026.
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FY2025 · Filed Mar 10, 2026
RAPP$25.96-0.4%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 Operations and Comprehensive Loss
(In thousands, except share and per share data)
| For the year ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating expenses | ||
| Research and development | $94,789 | $60,935 |
| General and administrative | 30,310 | 22,120 |
| Total operating expenses | 125,099 | 83,055 |
| Loss from operations | (125,099) | (83,055) |
| Other income (expense): | ||
| Interest income | $13,616 | 12,138 |
| Change in fair value of preferred stock tranche right liability | — | (7,390) |
| Total other income, net | 13,616 | 4,748 |
| Net loss | $(111,483) | $(78,307) |
| Net loss per share attributable to common stockholders, basic and diluted | $(2.86) | $(3.78) |
| Weighted-average common shares outstanding, basic and diluted | 38,934,569 | 20,738,338 |
| Comprehensive loss: | ||
| Net loss | $(111,483) | $(78,307) |
| Change in unrealized gains (losses) on investments, net of tax | 1,068 | (526) |
| Total other comprehensive income (loss) | 1,068 | (526) |
| Comprehensive loss | $(110,415) | $(78,833) |
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