Oruka Therapeutics, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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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.
Jun 30, 2026 · Filed Aug 10, 2026
ORKA$109.50+4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Operating expenses: | ||||
| Research and development(1) | $43,257 | $24,087 | $72,402 | $44,012 |
| General and administrative(2) | 6,850 | 4,342 | 14,139 | 9,503 |
| Total operating expenses | 50,107 | 28,429 | 86,541 | 53,515 |
| Loss from operations | (50,107) | (28,429) | (86,541) | (53,515) |
| Other income (expense): | ||||
| Interest income | 8,897 | 3,857 | 13,503 | 7,949 |
| Other income (expense), net | 4 | (2) | 12 | (7) |
| Total other income, net | 8,901 | 3,855 | 13,515 | 7,942 |
| Net loss | $(41,206) | $(24,574) | $(73,026) | $(45,573) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.55) | $(0.46) | $(1.04) | $(0.85) |
| Net loss per share attributable to Series B non-voting convertible preferred stockholders, basic and diluted | $(46.22) | $(38.26) | $(86.36) | $(71.23) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 62,872,318 | 42,095,951 | 59,038,131 | 41,888,906 |
| Weighted-average shares used in computing net loss per share attributable to Series B non-voting convertible preferred stockholders, basic and diluted | 137,138 | 137,138 | 137,138 | 137,138 |
| (1) | Includes related party amounts of nil and $4,281 for the three months ended June 30, 2026 and June 30, 2025, respectively, and $3,000 and $6,403 for the six months ended June 30, 2026 and June 30, 2025, respectively. |
| (2) | Includes related party amounts of nil and $12 for the three months ended June 30, 2026 and June 30, 2025, respectively, and $4 and $122 for the six months ended June 30, 2026 and June 30, 2025, respectively. |
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