C4 Therapeutics Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
CCCC$3.00-4.8%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 amounts)
| Years Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue from collaboration agreements | $20,756 | $31,096 |
| Operating expenses: | ||
| Research and development | 117,706 | 117,841 |
| General and administrative | 42,081 | 42,789 |
| Total operating expenses | 159,787 | 160,630 |
| Loss from operations | (139,031) | (129,534) |
| Other income (expense), net | ||
| Interest expense and amortization of long-term debt—related party | (1,373) | (2,216) |
| Loss on early extinguishment of debt | (621) | — |
| Interest and other income, net | 9,812 | 3,575 |
| Total other income (expense), net | 7,818 | 1,359 |
| Loss before income taxes | (131,213) | (128,175) |
| Income tax expense | (1,280) | — |
| Net loss | $(132,493) | $(128,175) |
| Net loss per share - basic and diluted | $(2.67) | $(2.62) |
| Weighted-average number of shares - basic and diluted | 49,640,505 | 48,861,665 |
| Other Comprehensive gain (loss): | ||
| Unrealized gain (loss) on marketable securities | 4,010 | (3,362) |
| Comprehensive loss | $(128,483) | $(131,537) |
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