Lyell Immunopharma, Inc.
For the period ended Jun 30, 2026. Filed Aug 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.
Jun 30, 2026 · Filed Aug 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 June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $4 | $8 | $6 | $15 |
| Operating expenses: | ||||
| Research and development | 39,524 | 34,857 | 76,128 | 78,304 |
| General and administrative | 9,576 | 9,786 | 19,131 | 23,832 |
| Other operating (income) loss, net | (1,759) | 1,062 | (3,655) | 943 |
| Impairment of long-lived assets | — | 1,443 | — | 1,443 |
| Total operating expenses | 47,341 | 47,148 | 91,604 | 104,522 |
| Loss from operations | (47,337) | (47,140) | (91,598) | (104,507) |
| Interest income, net | 2,184 | 3,276 | 4,378 | 7,138 |
| Other income, net | 398 | 1,180 | 18,312 | 2,490 |
| Total other income, net | 2,582 | 4,456 | 22,690 | 9,628 |
| Net loss | (44,755) | (42,684) | (68,908) | (94,879) |
| Other comprehensive loss: | ||||
| Net unrealized loss on marketable securities | (149) | (101) | (400) | (234) |
| Comprehensive loss | $(44,904) | $(42,785) | $(69,308) | $(95,113) |
| Net loss per common share, basic and diluted | $(1.92) | $(2.89) | $(3.05) | $(6.42) |
| Weighted-average shares used to compute net loss per common share, basic and diluted | 23,364 | 14,793 | 22,624 | 14,774 |
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