C4 Therapeutics Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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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 Feb 27, 2025
CCCC$3.00-4.8%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 Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue from collaboration agreements | $35,584 | $20,756 |
| Operating expenses: | ||
| Research and development | 110,637 | 117,706 |
| General and administrative | 42,124 | 42,081 |
| Restructuring | 2,437 | — |
| Total operating expenses | 155,198 | 159,787 |
| Loss from operations | (119,614) | (139,031) |
| Other income (expense), net | ||
| Interest expense and amortization of long-term debt—related party | — | (1,373) |
| Loss on early extinguishment of debt | — | (621) |
| Interest and other income, net | 14,429 | 9,812 |
| Total other income, net | 14,429 | 7,818 |
| Loss before income taxes | (105,185) | (131,213) |
| Income tax expense | (131) | (1,280) |
| Net loss | $(105,316) | $(132,493) |
| Net loss per share - basic and diluted | $(1.52) | $(2.67) |
| Weighted-average number of shares - basic and diluted | 69,372,993 | 49,640,505 |
| Other Comprehensive income (loss): | ||
| Unrealized gain on marketable securities | 180 | 4,010 |
| Comprehensive loss | $(105,136) | $(128,483) |
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