C4 Therapeutics, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 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.
Sep 30, 2026 · Filed Nov 5, 2026
CCCC$3.00-4.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue from collaboration agreements | $8,468 | $11,230 | $21,261 | $24,931 |
| Operating expenses: | ||||
| Research and development | 24,803 | 25,989 | 73,880 | 79,258 |
| General and administrative | 8,261 | 8,920 | 26,185 | 27,017 |
| Impairment of long-lived assets | — | 10,733 | — | 10,733 |
| Total operating expenses | 33,064 | 45,642 | 100,065 | 117,008 |
| Loss from operations | (24,596) | (34,412) | (78,804) | (92,077) |
| Other income, net: | ||||
| Interest and other income, net | 2,753 | 2,246 | 8,197 | 7,569 |
| Total other income, net | 2,753 | 2,246 | 8,197 | 7,569 |
| Net loss | $(21,843) | $(32,166) | $(70,607) | $(84,508) |
| Net loss per share − basic and diluted | $(0.16) | $(0.44) | $(0.54) | $(1.18) |
| Weighted-average shares outstanding − basic and diluted | 136,080,965 | 72,563,311 | 130,987,407 | 71,473,704 |
| Other comprehensive loss: | ||||
| Unrealized (loss) gain on marketable securities | (619) | 117 | (1,113) | 34 |
| Comprehensive loss | $(22,462) | $(32,049) | $(71,720) | $(84,474) |
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