ALUMIS INC.
For the period ended Jun 30, 2025. Filed Aug 13, 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.
Jun 30, 2025 · Filed Aug 13, 2025
ALMS$6.40-2.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE INCOME (LOSS)
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · Three Months Ended June 30, · Six Months Ended June 30, · | |||||||||||||
| (in thousands, except share and per share amounts) · 2025 · 2024 · 2025 · 2024 | |||||||||||||
| Revenue: | | | | | | | | | | | | | |
| License revenue | | $— | | $— | | $17,389 | | $— | | ||||
| Collaboration revenue | | | 2,666 | | | — | | | 2,666 | | | — | |
| Total revenue | | | 2,666 | | | — | | | 20,055 | | | — | |
| Operating expenses: | | | | | | | | | | | | | |
| Research and development expenses, including related party expenses of $259, $213, $521 and $571 for the three and six months ended June 30, 2025 and 2024, respectively | | | 108,755 | | | 48,565 | | | 205,377 | | | 90,526 | |
| General and administrative expenses | | | 34,450 | | | 7,575 | | | 56,745 | | | 13,207 | |
| Total operating expenses | | 143,205 | | 56,140 | | 262,122 | | 103,733 | | ||||
| Loss from operations | | (140,539) | | (56,140) | | (242,067) | | (103,733) | | ||||
| Other income (expense): | | | | | | ||||||||
| Gain on bargain purchase | | 187,907 | | — | | 187,907 | | — | | ||||
| Interest income | | 3,430 | | 1,977 | | 6,039 | | 2,831 | | ||||
| Change in fair value of derivative liability | | — | | (2,311) | | — | | (5,406) | | ||||
| Other income (expenses), net | | (38) | | (34) | | (82) | | (49) | | ||||
| Total other income (expense), net | | 191,299 | | (368) | | 193,864 | | (2,624) | | ||||
| Net income (loss) before income taxes | | | 50,760 | | | (56,508) | | | (48,203) | | | (106,357) | |
| Income tax benefit | | | 8,561 | | | — | | | 8,561 | | | — | |
| Net income (loss) | | $59,321 | | $(56,508) | | $(39,642) | | $(106,357) | | ||||
| Other comprehensive income (loss): | | | | | | ||||||||
| Unrealized gain (loss) on marketable securities, net | | 30 | | — | | (18) | | (3) | | ||||
| Net income (loss) and other comprehensive income (loss) | | $59,351 | | $(56,508) | | $(39,660) | | $(106,360) | | ||||
| Net income (loss) per share attributable to common stockholders, basic | | $0.78 | | $(23.10) | | $(0.61) | | $(44.17) | | ||||
| Net income (loss) per share attributable to common stockholders, diluted | | $0.77 | | $(23.10) | | $(0.61) | | $(44.17) | | ||||
| Weighted-average shares of common stock outstanding, basic | | 76,477,144 | | 2,446,022 | | 65,440,021 | | 2,408,037 | | ||||
| Weighted-average shares of common stock outstanding, diluted | | 76,635,895 | | 2,446,022 | | 65,440,021 | | 2,408,037 | | ||||
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