Coherus Oncology, Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
View on SEC.govAbout 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.
FY2024 · Filed Mar 17, 2025
CHRS$0.64-21.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Deficit
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · Accumulated · · · · · · | |||||||||||||||||
| · · · · · · · Additional · · Other · · · · · Total | |||||||||||||||||
| · · Common Stock · · Paid-In · · Comprehensive · · Accumulated · · Stockholders' | |||||||||||||||||
| · Shares · · Amount · Capital · Loss · Deficit · Equity (Deficit) | |||||||||||||||||
| Balances at December 31, 2021 | 76,930,096 | | $7 | | $1,147,843 | | $(270) | | $(1,049,854) | | $97,726 | ||||||
| Net loss | | — | | | — | | | — | | | — | | | (291,754) | | | (291,754) |
| Issuance of common stock upon exercise of stock options | | 141,897 | | | — | | | 691 | | | — | | | — | | | 691 |
| Issuance of common stock upon vesting of RSUs | | 806,854 | | | — | | | — | | | — | | | — | | | — |
| Issuance of common stock under the ESPP | | 347,883 | | | — | | | 2,320 | | | — | | | — | | | 2,320 |
| Issuance of common stock to Junshi Biosciences, net of issuance costs | | 916,884 | | | 1 | | | 6,133 | | | — | | | — | | | 6,134 |
| Taxes paid related to net share settlement of RSUs | | (292,098) | | | — | | | (3,744) | | | — | | | — | | | (3,744) |
| Stock-based compensation expense | | — | | | — | | | 51,188 | | | — | | | — | | | 51,188 |
| Other comprehensive gain, net of tax | | — | | | — | | | — | | | 21 | | | — | | | 21 |
| Balances at December 31, 2022 | | 78,851,516 | | | 8 | | | 1,204,431 | | | (249) | | | (1,341,608) | | | (137,418) |
| | | | | | | | | | | | | | | | | | |
| Net loss | | — | | — | | — | | — | | (237,892) | | (237,892) | |||||
| Issuance of common stock upon exercise of stock options | | 430,504 | | — | | 694 | | — | | — | | 694 | |||||
| Issuance of common stock upon vesting of RSUs | | 1,280,901 | | — | | — | | — | | — | | — | |||||
| Issuance of common stock under the ESPP | | 630,348 | | — | | 1,809 | | — | | — | | 1,809 | |||||
| Issuance of common stock in connection with Surface Acquisition:(1) | | | | | | | | | | | | | | | | | |
| Issuance to Surface shareholders for acquisition | | 11,971,460 | | | 1 | | | 58,540 | | | — | | | — | | 58,541 | |
| Accelerated vesting of equity awards | | 261,239 | | | — | | | 1,053 | | | — | | | — | | 1,053 | |
| Taxes paid related to net share settlement of equity awards | | (65,732) | | | — | | | (347) | | | — | | | — | | | (347) |
| Issuance of common stock under ATM Offering, net of issuance costs | | 3,559,761 | | | 1 | | | 18,316 | | | — | | | — | | | 18,317 |
| Issuance of common stock under Public Offering, net of issuance costs | | 13,529,411 | | | 1 | | | 53,624 | | | — | | | — | | | 53,625 |
| Issuance of common stock under Optional Stock Purchase Agreement | | 2,225,513 | | | — | | | 8,179 | | | — | | | — | | | 8,179 |
| Taxes paid related to net share settlement of RSUs | | (459,661) | | | — | | | (3,527) | | | — | | | — | | | (3,527) |
| Stock-based compensation expense | | — | | — | | 43,540 | | — | | — | | 43,540 | |||||
| Other comprehensive gain, net of tax | | — | | | — | | | — | | | 1 | | | — | | 1 | |
| Balances at December 31, 2023 | | 112,215,260 | | | 11 | | | 1,386,312 | | | (248) | | | (1,579,500) | | | (193,425) |
| | | | | | | | | | | | | | | | | | |
| Net income | | — | | — | | — | | — | | 28,507 | | 28,507 | |||||
| Issuance of common stock upon exercise of stock options | | 174,651 | | — | | 291 | | — | | — | | 291 | |||||
| Issuance of common stock upon vesting of RSUs | | 816,876 | | — | | — | | — | | — | | — | |||||
| Issuance of common stock under the ESPP | 852,222 | | — | | 926 | | — | | — | | 926 | ||||||
| Issuance of common stock - partial payout of 2023 bonus in RSUs | | 1,976,750 | | | 1 | | | 4,407 | | | — | | | — | | | 4,408 |
| Issuance of common stock under ATM Offering, net of issuance costs | | 650,005 | | | — | | | 1,455 | | | — | | | — | | | 1,455 |
| Taxes paid related to net share settlement of RSUs | | (1,071,216) | | | — | | | (2,476) | | | — | | | — | | | (2,476) |
| Stock-based compensation expense | | — | | — | | 28,351 | | — | | — | | 28,351 | |||||
| Other comprehensive loss, net of tax | — | | | — | | | — | | | (27) | | | — | | (27) | ||
| Balances at December 31, 2024 | 115,614,548 | | $12 | | $1,419,266 | | $(275) | | $(1,550,993) | | $(131,990) | ||||||
| (1) | See Note 6 for further discussion. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.