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C4 Therapeutics Inc

For the period ended Sep 30, 2024. Filed Oct 31, 2024.

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About this filing

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.

Sep 30, 2024 · Filed Oct 31, 2024

CCCC$3.00-4.8%Stored close · as of Nov 10, 2026

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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 September 30,Nine Months Ended September 30,
2024202320242023
Revenue from collaboration agreements$15,362$11,072$30,407$17,495
Operating expenses:
Research and development31,83828,34778,12487,315
General and administrative11,76810,53331,75131,784
Restructuring——2,437—
Total operating expenses43,60638,880112,312119,099
Loss from operations(28,244)(27,808)(81,905)(101,604)
Other income (expense), net:
Interest expense and amortization of long-term debt − related party—(167)—(1,373)
Loss on early extinguishment of debt—(621)—(621)
Interest and other income, net3,5782,56211,1626,862
Total other income, net3,5781,77411,1624,868
Loss before income taxes(24,666)(26,034)(70,743)(96,736)
Income tax expense—(1,003)—(1,003)
Net loss$(24,666)$(27,037)$(70,743)$(97,739)
Net loss per share − basic and diluted$(0.35)$(0.55)(1.03)(1.99)
Weighted-average shares outstanding − basic and diluted69,627,19049,212,12668,958,93849,103,351
Other comprehensive loss:
Unrealized gain on marketable securities8958705823,233
Comprehensive loss$(23,771)$(26,167)$(70,161)$(94,506)
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.