Foghorn Therapeutics Inc.
For the period ended Dec 31, 2025. Filed Mar 11, 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 Mar 11, 2026
FHTX$1.90-6.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Collaboration revenue | $30,909 | $22,602 |
| Operating expenses: | ||
| Research and development | 85,466 | 94,528 |
| General and administrative | 27,550 | 28,359 |
| Gain on lease modification | (1,632) | — |
| Impairment of long-lived assets | 5,914 | 2,398 |
| Total operating expenses | 117,298 | 125,285 |
| Loss from operations | (86,389) | (102,683) |
| Other income, net: | ||
| Interest income | 8,745 | 11,900 |
| Other income, net | 3,361 | 4,163 |
| Total other income, net | 12,106 | 16,063 |
| Net loss | $(74,283) | $(86,620) |
| Net loss per share attributable to common stockholders—basic and diluted | $(1.18) | $(1.58) |
| Weighted average common shares outstanding—basic and diluted | 62,980,959 | 54,899,432 |
| Comprehensive loss: | ||
| Net loss | $(74,283) | $(86,620) |
| Other comprehensive gain (loss): | ||
| Unrealized gains (losses) on marketable securities | (111) | 961 |
| Total other comprehensive gain (loss) | (111) | 961 |
| Total comprehensive loss | $(74,394) | $(85,659) |
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