Lyell Immunopharma, Inc.
For the period ended Mar 31, 2026. Filed May 6, 2026.
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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.
Mar 31, 2026 · Filed May 6, 2026
LYEL$16.75+8.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $2 | $7 |
| Operating expenses: | ||
| Research and development | 36,604 | 43,447 |
| General and administrative | 9,555 | 14,046 |
| Other operating income, net | (1,896) | (119) |
| Total operating expenses | 44,263 | 57,374 |
| Loss from operations | (44,261) | (57,367) |
| Interest income, net | 2,194 | 3,862 |
| Other income, net | 17,914 | 1,310 |
| Total other income, net | 20,108 | 5,172 |
| Net loss | (24,153) | (52,195) |
| Other comprehensive loss: | ||
| Net unrealized loss on marketable securities | (251) | (133) |
| Comprehensive loss | $(24,404) | $(52,328) |
| Net loss per common share, basic and diluted1 | $(1.10) | $(3.54) |
| Weighted-average shares used to compute net loss per common share, basic and diluted1 | 21,876 | 14,755 |
- Amounts previously reported have been retroactively adjusted to reflect the 1-for-20 reverse stock split effected on May 30, 2025. See Note 2.
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