Contineum Therapeutics Inc
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
CTNM$10.56+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations and Comprehensive Income (Loss)
(in thousands, except share and per share data)
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | ||
| License revenue | $— | $50,000 |
| Operating expenses: | ||
| Research and development | 38,422 | 27,603 |
| General and administrative | 12,472 | 6,320 |
| Total operating expenses | 50,894 | 33,923 |
| Income (loss) from operations | (50,894) | 16,077 |
| Other income (expense): | ||
| Interest income | 8,905 | 4,606 |
| Interest expense | — | (208) |
| Change in fair value of warrant liability | (106) | 5 |
| Change in fair value of investor rights and obligations liability | — | 2,867 |
| Other expense, net | (163) | (177) |
| Total other income, net | 8,636 | 7,093 |
| Income (loss) before income taxes | (42,258) | 23,170 |
| Provision for income taxes | — | 450 |
| Net income (loss) | $(42,258) | $22,720 |
| Other comprehensive income (loss): | ||
| Unrealized gain (loss) on marketable securities | (37) | 184 |
| Comprehensive income (loss) | $(42,295) | $22,904 |
| Net income (loss) attributable to common stockholders, basic | $(42,258) | $3,146 |
| Net income (loss) attributable to common stockholders, diluted | $(42,258) | $274 |
| Net income (loss) per share, basic (a) | $(2.18) | $1.36 |
| Net income (loss) per share, diluted (a) | $(2.18) | $0.08 |
| Weighted-average common shares outstanding, basic | 19,352,859 | 2,308,972 |
| Weighted-average common shares outstanding, diluted | 19,352,859 | 3,395,514 |
| (a) | Basic and diluted per share amounts are the same for Class A and Class B shares. |
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