Contineum Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
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, 2024 · Filed Nov 6, 2024
CTNM$10.56+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Operations and Comprehensive Income (Loss
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| License revenue | $— | $— | $— | $50,000 |
| Operating expenses: | ||||
| Research and development | 9,728 | 6,499 | 25,407 | 19,591 |
| General and administrative | 3,246 | 1,570 | 8,440 | 4,656 |
| Total operating expenses | 12,974 | 8,069 | 33,847 | 24,247 |
| Income (loss) from operations | (12,974) | (8,069) | (33,847) | 25,753 |
| Other income (expense): | ||||
| Interest income | 2,741 | 1,736 | 6,377 | 2,816 |
| Interest expense | — | — | — | (208) |
| Change in fair value of warrant liability | — | — | (107) | 2 |
| Change in fair value of investor rights and obligations liability | — | — | — | 2,867 |
| Other expense, net | (34) | (36) | (116) | (130) |
| Total other income | 2,707 | 1,700 | 6,154 | 5,347 |
| Income (loss) before income taxes | (10,267) | (6,369) | (27,693) | 31,100 |
| Provision for (benefit from) income taxes | — | (118) | — | 611 |
| Net income (loss) | $(10,267) | $(6,251) | $(27,693) | $30,489 |
| Other comprehensive income (loss): | ||||
| Unrealized gain (loss) on marketable securities | 688 | (24) | 453 | (13) |
| Comprehensive income (loss) | $(9,579) | $(6,275) | $(27,240) | $30,476 |
| Net income (loss) attributable to common stockholders, basic | $(10,267) | $(6,251) | $(27,693) | $4,340 |
| Net income (loss) attributable to common stockholders, diluted | $(10,267) | $(6,251) | $(27,693) | $1,471 |
| Net income (loss) per share, basic (a) | $(0.40) | $(2.69) | $(1.61) | $1.89 |
| Net income (loss) per share, diluted (a) | $(0.40) | $(2.69) | $(1.61) | $0.43 |
| Weighted-average shares of common stock outstanding, basic | 25,730,014 | 2,324,588 | 17,182,865 | 2,298,175 |
| Weighted-average shares of common stock outstanding, diluted | 25,730,014 | 2,324,588 | 17,182,865 | 3,445,978 |
| (a) | Basic and diluted per share amounts are the same for Class A and Class B shares. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.