Keros 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
KROS$9.33+1.7%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
| THREE MONTHS ENDED SEPTEMBER 30, | NINE MONTHS ENDED SEPTEMBER 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| REVENUE: | ||||
| Service and other revenue | $9 | $4,262 | $376 | $38,321 |
| License revenue | 40,000 | 10,000 | 40,000 | 205,355 |
| Total revenue | 40,009 | 14,262 | 40,376 | 243,676 |
| OPERATING EXPENSES: | ||||
| Research and development | (20,491) | (19,519) | (58,919) | (111,731) |
| General and administrative | (6,700) | (10,127) | (25,453) | (35,106) |
| Total operating expenses | (27,191) | (29,646) | (84,372) | (146,837) |
| INCOME (LOSS) FROM OPERATIONS | 12,818 | (15,384) | (43,996) | 96,839 |
| OTHER INCOME (EXPENSE), NET | ||||
| Interest income, net | 55 | — | 55 | — |
| Dividend income | 2,220 | 6,933 | 6,842 | 20,845 |
| Other expense, net | (168) | (253) | (394) | (812) |
| Total other income, net | 2,107 | 6,680 | 6,503 | 20,033 |
| Income (loss) before income taxes | 14,925 | (8,704) | (37,493) | 116,872 |
| Income tax (provision) benefit | (772) | 1,424 | (772) | (6,397) |
| Net income (loss) | $14,153 | $(7,280) | $(38,265) | $110,475 |
| Net income (loss) attributable to common stockholders — basic and diluted (Note 9) | $14,153 | $(7,280) | $(38,265) | $110,475 |
| Weighted-average shares of common stock outstanding — basic | 19,886,097 | 40,623,364 | 19,773,047 | 40,598,777 |
| Weighted-average shares of common stock outstanding — diluted | 20,341,140 | 40,623,364 | 19,773,047 | 41,202,371 |
| Net income (loss) per share of common stock — basic | $0.71 | $(0.18) | $(1.94) | $2.72 |
| Net income (loss) per share of common stock — diluted | $0.70 | $(0.18) | $(1.94) | $2.68 |
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