Denali Therapeutics Inc
For the period ended Mar 31, 2025. Filed May 6, 2025.
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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, 2025 · Filed May 6, 2025
DNLI$19.85-2.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating expenses: | ||
| Research and development | $116,227 | $107,016 |
| General and administrative | 29,353 | 25,236 |
| Total operating expenses | 145,580 | 132,252 |
| Gain from divestiture of small molecule programs | — | 14,537 |
| Loss from operations | (145,580) | (117,715) |
| Interest and other income, net | 12,610 | 15,913 |
| Net loss | (132,970) | (101,802) |
| Other comprehensive income (loss): | ||
| Net unrealized gain (loss) on marketable securities, net of tax | 17 | (1,939) |
| Comprehensive loss | $(132,953) | $(103,741) |
| Net loss per share, basic and diluted | $(0.78) | $(0.68) |
| Weighted average number of shares outstanding, basic and diluted | 171,222,030 | 149,404,188 |
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