C4 Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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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.
Mar 31, 2024 · Filed May 8, 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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Condensed Consolidated Statement of Operations and Comprehensive Loss
Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue from collaboration agreements | $3,039 | $3,759 |
| Operating expenses: | ||
| Research and development | 22,533 | 29,042 |
| General and administrative | 10,288 | 10,945 |
| Restructuring | 2,437 | — |
| Total operating expenses | 35,258 | 39,987 |
| Loss from operations | (32,219) | (36,228) |
| Other income (expense), net: | ||
| Interest expense and amortization of long-term debt − related party | — | (606) |
| Interest and other income, net | 3,858 | 2,054 |
| Total other income (expense), net | 3,858 | 1,448 |
| Loss before income taxes | (28,361) | (34,780) |
| Income tax expense | — | — |
| Net loss | $(28,361) | $(34,780) |
| Net loss per share − basic and diluted | $(0.41) | $(0.71) |
| Weighted-average number of shares used in computed net loss per share − basic and diluted | 68,432,168 | 49,032,319 |
| Other comprehensive loss: | ||
| Unrealized (loss) gain on marketable securities | (253) | 1,667 |
| Comprehensive loss | $(28,614) | $(33,113) |
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