CG Oncology Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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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, 2024 · Filed Aug 8, 2024
CGON$72.64-2.8%Stored close · as of Nov 10, 2026
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Condensed Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | ||||
| Research and collaboration revenue | $111 | $— | $640 | $194 |
| Operating expenses | ||||
| Research and development | 18,470 | 9,832 | 35,680 | 17,677 |
| General and administrative | 7,494 | 2,494 | 13,282 | 4,568 |
| Total operating expenses | 25,964 | 12,326 | 48,962 | 22,245 |
| Loss from operations | (25,853) | (12,326) | (48,322) | (22,051) |
| Other income (expense), net: | ||||
| Interest income, net | 6,943 | 771 | 12,487 | 1,817 |
| Other (expense) income, net | 8 | (58) | (1) | (50) |
| Total other income (expense), net | 6,951 | 713 | 12,486 | 1,767 |
| Net loss and comprehensive loss | $(18,902) | $(11,613) | $(35,836) | $(20,284) |
| Cumulative redeemable convertible preferred stock dividends | — | (3,776) | — | (7,510) |
| Net loss attributable to common stockholders | $(18,902) | $(15,389) | $(35,836) | $(27,794) |
| Net loss per share, basic and diluted | $(0.28) | $(3.93) | $(0.63) | $(7.15) |
| Weighted average shares of common stock outstanding, basic and diluted | 66,649,443 | 3,918,509 | 56,857,104 | 3,885,713 |
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