C4 Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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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.
FY2025 · Filed Feb 26, 2026
CCCC$3.10+5.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $74,603 | $55,499 |
| Marketable securities, current | 173,934 | 189,405 |
| Accounts receivable | 2,401 | 3,102 |
| Prepaid expenses and other current assets | 7,172 | 9,761 |
| Total current assets | 258,110 | 257,767 |
| Marketable securities, non-current | 48,563 | 22,359 |
| Property and equipment, net | 4,744 | 5,842 |
| Right-of-use asset | 40,532 | 57,536 |
| Restricted cash | 3,443 | 3,443 |
| Other assets | 3,683 | 2,655 |
| Total assets | $359,075 | $349,602 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $858 | $1,328 |
| Accrued expenses and other current liabilities | 13,314 | 19,363 |
| Deferred revenue, current | 12,493 | 18,712 |
| Operating lease liability, current | 6,367 | 5,774 |
| Total current liabilities | 33,032 | 45,177 |
| Deferred revenue, net of current | 15,841 | 28,457 |
| Operating lease liability, net of current | 53,615 | 59,982 |
| Total liabilities | 102,488 | 133,616 |
| Commitments and contingencies (See Note 6 and Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized, and no shares issued or outstanding as of December 31, 2025 and 2024, respectively | — | — |
| Common stock, par value of $0.0001 per share; 300,000,000 and 150,000,000 shares authorized as of December 31, 2025 and December 31, 2024, and 96,914,418 and 70,625,899 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 9 | 7 |
| Additional paid-in capital | 995,221 | 849,625 |
| Accumulated other comprehensive income | 50 | 53 |
| Accumulated deficit | (738,693) | (633,699) |
| Total stockholders’ equity | 256,587 | 215,986 |
| Total liabilities and stockholders’ equity | $359,075 | $349,602 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.