C4 Therapeutics, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
CCCC$3.15+1.6%Stored close · as of Nov 9, 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 June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue from collaboration agreements | $6,463 | $12,006 | $13,701 | $15,045 |
| Operating expenses: | ||||
| Research and development | 26,197 | 23,753 | 53,269 | 46,286 |
| General and administrative | 8,767 | 9,695 | 18,097 | 19,983 |
| Restructuring | — | — | — | 2,437 |
| Total operating expenses | 34,964 | 33,448 | 71,366 | 68,706 |
| Loss from operations | (28,501) | (21,442) | (57,665) | (53,661) |
| Other income, net: | ||||
| Interest and other income, net | 2,481 | 3,726 | 5,323 | 7,584 |
| Total other income, net | 2,481 | 3,726 | 5,323 | 7,584 |
| Loss before income taxes | (26,020) | (17,716) | (52,342) | (46,077) |
| Net loss | $(26,020) | $(17,716) | $(52,342) | $(46,077) |
| Net loss per share − basic and diluted | $(0.37) | $(0.26) | $(0.74) | $(0.67) |
| Weighted-average shares outstanding − basic and diluted | 71,005,743 | 68,810,259 | 70,919,871 | 68,621,214 |
| Other comprehensive loss: | ||||
| Unrealized loss on marketable securities | (73) | (60) | (83) | (313) |
| Comprehensive loss | $(26,093) | $(17,776) | $(52,425) | $(46,390) |
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