Foghorn Therapeutics Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
FHTX$1.90-6.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Collaboration revenue | $34,155 | $19,228 |
| Operating expenses: | ||
| Research and development | 109,689 | 105,618 |
| General and administrative | 32,372 | 30,747 |
| Total operating expenses | 142,061 | 136,365 |
| Loss from operations | (107,906) | (117,137) |
| Other income (expense): | ||
| Interest income | 10,875 | 5,675 |
| Other income, net | 2,831 | 2,580 |
| Total other income, net | 13,706 | 8,255 |
| Loss before income taxes | (94,200) | (108,882) |
| Provision for income taxes | (4,226) | — |
| Net loss | $(98,426) | $(108,882) |
| Net loss per share attributable to common stockholders—basic and diluted | $(2.34) | $(2.62) |
| Weighted average common shares outstanding—basic and diluted | 41,974,484 | 41,591,433 |
| Comprehensive loss: | ||
| Net loss | $(98,426) | $(108,882) |
| Other comprehensive loss: | ||
| Unrealized gains (losses) on marketable securities | 3,160 | (3,976) |
| Total other comprehensive gain (loss) | 3,160 | (3,976) |
| Total comprehensive loss | $(95,266) | $(112,858) |
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