CG Oncology, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 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.
Sep 30, 2025 · Filed Nov 14, 2025
CGON$72.64-2.8%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, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | ||||
| Commercial and development revenue | $1,508 | $— | $1,508 | $— |
| License and collaboration revenue | 158 | 43 | 210 | 683 |
| Total revenues | 1,666 | 43 | 1,718 | 683 |
| Operating costs and expenses | ||||
| Cost of sales | 1,577 | — | 1,577 | — |
| Research and development | 27,884 | 19,622 | 86,683 | 55,302 |
| General and administrative | 23,334 | 8,716 | 55,532 | 21,998 |
| Total operating costs and expenses | 52,795 | 28,338 | 143,792 | 77,300 |
| Loss from operations | (51,129) | (28,295) | (142,074) | (76,617) |
| Other income (expense), net: | ||||
| Interest income, net | 7,421 | 7,892 | 22,487 | 20,379 |
| Other (expense) income, net | (100) | (2) | (99) | (3) |
| Total other income, net | 7,321 | 7,890 | 22,388 | 20,376 |
| Net loss and comprehensive loss | $(43,808) | $(20,405) | $(119,686) | $(56,241) |
| Net loss per share, basic and diluted | $(0.57) | $(0.30) | $(1.57) | $(0.93) |
| Weighted average shares of common stock outstanding, basic and diluted | 76,729,726 | 67,143,744 | 76,383,376 | 60,311,003 |
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