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10-Q Filing

CARGO THERAPEUTICS, INC. CIK: 1966494 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0000950170-24-059587
Period End Date 20240331
Filing Date 20240514
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance crgx-20240331_htm.xml
Filing Contents
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $405.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $405.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.53M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $294.39M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $294.39M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.75M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.75M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $4.04M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $4.04M USD Point-in-time
Total current assets AssetsCurrent $409.48M USD Point-in-time
Total current assets AssetsCurrent $409.48M USD Point-in-time
Total current assets AssetsCurrent $379.95M USD Point-in-time
Total current assets AssetsCurrent $379.95M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $28.22M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $28.22M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $26.92M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $26.92M USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $10.61M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $10.61M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $10.38M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $10.38M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.38M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.38M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.39M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.39M USD Point-in-time
Total assets Assets $422.43M USD Point-in-time
Total assets Assets $422.43M USD Point-in-time
Total assets Assets $453.04M USD Point-in-time
Total assets Assets $453.04M USD Point-in-time
Accounts payable AccountsPayableCurrent $5.01M USD Point-in-time
Accounts payable AccountsPayableCurrent $5.01M USD Point-in-time
Accounts payable AccountsPayableCurrent $7.17M USD Point-in-time
Accounts payable AccountsPayableCurrent $7.17M USD Point-in-time
Accrued clinical and research and development expenses AccruedClinicalAndResearchAndDevelopmentExpensesCurrent $10.46M USD Point-in-time
Accrued clinical and research and development expenses AccruedClinicalAndResearchAndDevelopmentExpensesCurrent $10.46M USD Point-in-time
Accrued clinical and research and development expenses AccruedClinicalAndResearchAndDevelopmentExpensesCurrent $7.24M USD Point-in-time
Accrued clinical and research and development expenses AccruedClinicalAndResearchAndDevelopmentExpensesCurrent $7.24M USD Point-in-time
Accrued expenses and other current liabilities AccruedExpensesAndOtherCurrentLiabilities $3.38M USD Point-in-time
Accrued expenses and other current liabilities AccruedExpensesAndOtherCurrentLiabilities $3.38M USD Point-in-time
Accrued expenses and other current liabilities AccruedExpensesAndOtherCurrentLiabilities $6.63M USD Point-in-time
Accrued expenses and other current liabilities AccruedExpensesAndOtherCurrentLiabilities $6.63M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $1.64M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $1.64M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $2.28M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $2.28M USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.16M USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.16M USD Point-in-time
Total current liabilities LiabilitiesCurrent $22.65M USD Point-in-time
Total current liabilities LiabilitiesCurrent $22.65M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $26.57M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $26.57M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $26.26M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $26.26M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $225.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $225.00K USD Point-in-time
Total liabilities Liabilities $49.22M USD Point-in-time
Total liabilities Liabilities $49.22M USD Point-in-time
Total liabilities Liabilities $47.65M USD Point-in-time
Total liabilities Liabilities $47.65M USD Point-in-time
Common stock CommonStockValue $39.00K USD Point-in-time
Common stock CommonStockValue $39.00K USD Point-in-time
Common stock CommonStockValue $41.00K USD Point-in-time
Common stock CommonStockValue $41.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $554.41M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $554.41M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $550.49M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $550.49M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-279.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-279.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-180.96M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-180.96M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-145.15M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-145.15M USD Point-in-time
Total stockholders' equity StockholdersEquity $-57.76M USD Point-in-time
Total stockholders' equity StockholdersEquity $-57.76M USD Point-in-time
Total stockholders' equity StockholdersEquity $-35.24M USD Point-in-time
Total stockholders' equity StockholdersEquity $-35.24M USD Point-in-time
Total stockholders' equity StockholdersEquity $373.21M USD Point-in-time
Total stockholders' equity StockholdersEquity $373.21M USD Point-in-time
Total stockholders' equity StockholdersEquity $405.39M USD Point-in-time
Total stockholders' equity StockholdersEquity $405.39M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $422.43M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $422.43M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $453.04M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $453.04M USD Point-in-time
Income Statement 58 line items
Line Item Tag Value Unit Period
Research and development ResearchAndDevelopmentExpense $12.56M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $12.56M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $30.50M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $30.50M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.69M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.69M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.30M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.30M USD 1 Quarter
Total operating expenses OperatingExpenses $15.25M USD 1 Quarter
Total operating expenses OperatingExpenses $15.25M USD 1 Quarter
Total operating expenses OperatingExpenses $40.81M USD 1 Quarter
Total operating expenses OperatingExpenses $40.81M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-15.25M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-15.25M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-40.81M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-40.81M USD 1 Quarter
Interest income InvestmentIncomeInterest $5.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $5.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $105.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $105.00K USD 1 Quarter
Interest expense InterestExpense $1.60M USD 1 Quarter
Interest expense InterestExpense $1.60M USD 1 Quarter
Net change in fair value of redeemable convertible preferred stock tranche obligations NetChangeInFairValueOfRedeemableConvertiblePreferredStockTrancheObligations $58.00K USD 1 Quarter
Net change in fair value of redeemable convertible preferred stock tranche obligations NetChangeInFairValueOfRedeemableConvertiblePreferredStockTrancheObligations $58.00K USD 1 Quarter
Change in fair value of derivative liabilities DerivativeGainLossOnDerivativeNet $6.45M USD 1 Quarter
Change in fair value of derivative liabilities DerivativeGainLossOnDerivativeNet $6.45M USD 1 Quarter
Loss on extinguishment of convertible notes GainsLossesOnExtinguishmentOfDebt $-2.32M USD 1 Quarter
Loss on extinguishment of convertible notes GainsLossesOnExtinguishmentOfDebt $-2.32M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-80.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-80.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-10.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-10.00K USD 1 Quarter
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Unrealized loss on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-279.00K USD 1 Quarter
Unrealized loss on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-279.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-12.75M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-12.75M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-36.09M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-36.09M USD 1 Quarter
Net loss per share attributable to common stockholders, basic EarningsPerShareBasic $-0.87 USD 1 Quarter
Net loss per share attributable to common stockholders, basic EarningsPerShareBasic $-0.87 USD 1 Quarter
Net loss per share attributable to common stockholders, basic EarningsPerShareBasic $-21.36 USD 1 Quarter
Net loss per share attributable to common stockholders, basic EarningsPerShareBasic $-21.36 USD 1 Quarter
Net loss per share attributable to common stockholders, diluted EarningsPerShareDiluted $-21.36 USD 1 Quarter
Net loss per share attributable to common stockholders, diluted EarningsPerShareDiluted $-21.36 USD 1 Quarter
Net loss per share attributable to common stockholders, diluted EarningsPerShareDiluted $-0.87 USD 1 Quarter
Net loss per share attributable to common stockholders, diluted EarningsPerShareDiluted $-0.87 USD 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic WeightedAverageNumberOfSharesOutstandingBasic 41.00M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic WeightedAverageNumberOfSharesOutstandingBasic 41.00M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic WeightedAverageNumberOfSharesOutstandingBasic 596,738.00 shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic WeightedAverageNumberOfSharesOutstandingBasic 596,738.00 shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted WeightedAverageNumberOfDilutedSharesOutstanding 596,738.00 shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted WeightedAverageNumberOfDilutedSharesOutstanding 596,738.00 shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted WeightedAverageNumberOfDilutedSharesOutstanding 41.00M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted WeightedAverageNumberOfDilutedSharesOutstanding 41.00M shares 1 Quarter
Cash Flow Statement 136 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $3.90M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $3.90M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $31.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $31.00K USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $470.00K USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $470.00K USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $1.30M USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $1.30M USD 1 Quarter
Depreciation Depreciation $213.00K USD 1 Quarter
Depreciation Depreciation $213.00K USD 1 Quarter
Depreciation Depreciation $553.00K USD 1 Quarter
Depreciation Depreciation $553.00K USD 1 Quarter
Acquired in-process research and development AcquiredInProcessResearchAndDevelopment $465.00K USD 1 Quarter
Acquired in-process research and development AcquiredInProcessResearchAndDevelopment $465.00K USD 1 Quarter
Acquired in-process research and development AcquiredInProcessResearchAndDevelopment $150.00K USD 1 Quarter
Acquired in-process research and development AcquiredInProcessResearchAndDevelopment $150.00K USD 1 Quarter
Net accretion on investments in marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $2.33M USD 1 Quarter
Net accretion on investments in marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $2.33M USD 1 Quarter
Change in fair value of derivative liabilities DerivativeGainLossOnDerivativeNet $6.45M USD 1 Quarter
Change in fair value of derivative liabilities DerivativeGainLossOnDerivativeNet $6.45M USD 1 Quarter
Loss on extinguishment of convertible notes GainsLossesOnExtinguishmentOfDebt $-2.32M USD 1 Quarter
Loss on extinguishment of convertible notes GainsLossesOnExtinguishmentOfDebt $-2.32M USD 1 Quarter
Noncash interest expense PaidInKindInterest $1.60M USD 1 Quarter
Noncash interest expense PaidInKindInterest $1.60M USD 1 Quarter
Net change in fair value of redeemable convertible preferred stock tranche obligations NetChangeInFairValueOfRedeemableConvertiblePreferredStockTrancheObligations $58.00K USD 1 Quarter
Net change in fair value of redeemable convertible preferred stock tranche obligations NetChangeInFairValueOfRedeemableConvertiblePreferredStockTrancheObligations $58.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-969.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-969.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $391.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $391.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $-10.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $-10.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $150.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $150.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.70M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.70M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $2.67M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $2.67M USD 1 Quarter
Accrued clinical and research and development expenses IncreaseDecreaseInAccruedClinicalAndResearchAndDevelopmentExpenses $2.97M USD 1 Quarter
Accrued clinical and research and development expenses IncreaseDecreaseInAccruedClinicalAndResearchAndDevelopmentExpenses $2.97M USD 1 Quarter
Accrued clinical and research and development expenses IncreaseDecreaseInAccruedClinicalAndResearchAndDevelopmentExpenses $3.27M USD 1 Quarter
Accrued clinical and research and development expenses IncreaseDecreaseInAccruedClinicalAndResearchAndDevelopmentExpenses $3.27M USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities $-3.15M USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities $-3.15M USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities $-758.00K USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities $-758.00K USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-336.00K USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-336.00K USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-351.00K USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-351.00K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-14.06M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-14.06M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-30.15M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-30.15M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $292.34M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $292.34M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquireProductiveAssets $561.00K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquireProductiveAssets $561.00K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquireProductiveAssets $1.29M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquireProductiveAssets $1.29M USD 1 Quarter
Purchase of in-process research and development PaymentsToAcquireInProcessResearchAndDevelopment $58.00K USD 1 Quarter
Purchase of in-process research and development PaymentsToAcquireInProcessResearchAndDevelopment $58.00K USD 1 Quarter
Purchase of in-process research and development PaymentsToAcquireInProcessResearchAndDevelopment $330.00K USD 1 Quarter
Purchase of in-process research and development PaymentsToAcquireInProcessResearchAndDevelopment $330.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-619.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-619.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-293.96M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-293.96M USD 1 Quarter
Proceeds from issuance of convertible notes, net of issuance costs - related party ProceedsFromIssuanceOfConvertibleNotesNetOfIssuanceCostsFromRelatedParty $2.21M USD 1 Quarter
Proceeds from issuance of convertible notes, net of issuance costs - related party ProceedsFromIssuanceOfConvertibleNotesNetOfIssuanceCostsFromRelatedParty $2.21M USD 1 Quarter
Proceeds from issuance of convertible notes, net of issuance costs ProceedsFromDebtNetOfIssuanceCosts $1.29M USD 1 Quarter
Proceeds from issuance of convertible notes, net of issuance costs ProceedsFromDebtNetOfIssuanceCosts $1.29M USD 1 Quarter
Proceeds from issuance of redeemable convertible preferred stock and tranche obligations, net of issuance costs ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockAndTrancheObligationsNetOfIssuanceCosts $68.08M USD 1 Quarter
Proceeds from issuance of redeemable convertible preferred stock and tranche obligations, net of issuance costs ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockAndTrancheObligationsNetOfIssuanceCosts $68.08M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $26.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $26.00K USD 1 Quarter
Payment of deferred initial public offering costs PaymentsOfStockIssuanceCosts $105.00K USD 1 Quarter
Payment of deferred initial public offering costs PaymentsOfStockIssuanceCosts $105.00K USD 1 Quarter
Payment of transaction costs for exchange of common stock for warrants PaymentOfTransactionCostsForExchangeOfCommonStockForWarrants $25.00K USD 1 Quarter
Payment of transaction costs for exchange of common stock for warrants PaymentOfTransactionCostsForExchangeOfCommonStockForWarrants $25.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $71.58M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $71.58M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-104.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-104.00K USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-324.21M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-324.21M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $56.89M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $56.89M USD 1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $406.30M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $406.30M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.87M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.87M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $82.09M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $82.09M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $58.77M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $58.77M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $406.30M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $406.30M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.87M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.87M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $82.09M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $82.09M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $58.77M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $58.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $405.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $405.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.53M USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Restricted cash RestrictedCashNoncurrent $567.00K USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $82.09M USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $82.09M USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.77M USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.77M USD Point-in-time
Exchange of common stock for pre-funded warrants ExchangeOfCommonStockForPrefundedWarrants $37.60M USD 1 Quarter
Exchange of common stock for pre-funded warrants ExchangeOfCommonStockForPrefundedWarrants $37.60M USD 1 Quarter
Conversion of convertible notes to shares of Series A-2 redeemable convertible preferred stock ConversionOfConvertibleNotesToSharesOfSeriesA2RedeemableConvertiblePreferredStock $35.58M USD 1 Quarter
Conversion of convertible notes to shares of Series A-2 redeemable convertible preferred stock ConversionOfConvertibleNotesToSharesOfSeriesA2RedeemableConvertiblePreferredStock $35.58M USD 1 Quarter
Reclassification of shares of Series Seed redeemable convertible preferred stock to mezzanine equity ReclassificationOfSharesOfSeriesSeedRedeemableConvertiblePreferredStockToMezzanineEquity $9.83M USD 1 Quarter
Reclassification of shares of Series Seed redeemable convertible preferred stock to mezzanine equity ReclassificationOfSharesOfSeriesSeedRedeemableConvertiblePreferredStockToMezzanineEquity $9.83M USD 1 Quarter
Purchase of property and equipment in accounts payable and accrued expenses and other current liabilities CapitalExpendituresIncurredButNotYetPaid $379.00K USD 1 Quarter
Purchase of property and equipment in accounts payable and accrued expenses and other current liabilities CapitalExpendituresIncurredButNotYetPaid $379.00K USD 1 Quarter
Purchase of property and equipment in accounts payable and accrued expenses and other current liabilities CapitalExpendituresIncurredButNotYetPaid $1.05M USD 1 Quarter
Purchase of property and equipment in accounts payable and accrued expenses and other current liabilities CapitalExpendituresIncurredButNotYetPaid $1.05M USD 1 Quarter
In-process research and development costs in accounts payable, accrued expenses and other current liabilities, and other non-current liabilities InProcessResearchAndDevelopmentCostsInAccountsPayableAccruedExpensesAndOtherCurrentLiabilitiesAndOtherNonCurrentLiabilities $993.00K USD 1 Quarter
In-process research and development costs in accounts payable, accrued expenses and other current liabilities, and other non-current liabilities InProcessResearchAndDevelopmentCostsInAccountsPayableAccruedExpensesAndOtherCurrentLiabilitiesAndOtherNonCurrentLiabilities $993.00K USD 1 Quarter
In-process research and development costs in accounts payable, accrued expenses and other current liabilities, and other non-current liabilities InProcessResearchAndDevelopmentCostsInAccountsPayableAccruedExpensesAndOtherCurrentLiabilitiesAndOtherNonCurrentLiabilities $790.00K USD 1 Quarter
In-process research and development costs in accounts payable, accrued expenses and other current liabilities, and other non-current liabilities InProcessResearchAndDevelopmentCostsInAccountsPayableAccruedExpensesAndOtherCurrentLiabilitiesAndOtherNonCurrentLiabilities $790.00K USD 1 Quarter
Stockholders Equity 46 line items
Line Item Tag Value Unit Period
Beginning balance, shares TemporaryEquitySharesOutstanding 0.00 shares Point-in-time
Beginning balance, shares TemporaryEquitySharesOutstanding 0.00 shares Point-in-time
Beginning balance, amount StockholdersEquity $-57.76M USD Point-in-time
Beginning balance, amount StockholdersEquity $-57.76M USD Point-in-time
Beginning balance, amount StockholdersEquity $-35.24M USD Point-in-time
Beginning balance, amount StockholdersEquity $-35.24M USD Point-in-time
Beginning balance, amount StockholdersEquity $373.21M USD Point-in-time
Beginning balance, amount StockholdersEquity $373.21M USD Point-in-time
Beginning balance, amount StockholdersEquity $405.39M USD Point-in-time
Beginning balance, amount StockholdersEquity $405.39M USD Point-in-time
Exchange of common stock for pre-funded warrants, value ExchangeOfCommonStockForPrefundedWarrantsValue $25.00K USD 1 Quarter
Exchange of common stock for pre-funded warrants, value ExchangeOfCommonStockForPrefundedWarrantsValue $25.00K USD 1 Quarter
Reclassification of series seed redeemable convertible preferred stock, amount ReclassificationOfSeriesSeedRedeemableConvertiblePreferredStockValue $-9.83M USD 1 Quarter
Reclassification of series seed redeemable convertible preferred stock, amount ReclassificationOfSeriesSeedRedeemableConvertiblePreferredStockValue $-9.83M USD 1 Quarter
Issuance of restricted stock, shares StockIssuedDuringPeriodSharesRestrictedStockAwardGross 1,874.00 shares 1 Quarter
Issuance of restricted stock, shares StockIssuedDuringPeriodSharesRestrictedStockAwardGross 1,874.00 shares 1 Quarter
Issuance of restricted stock, shares StockIssuedDuringPeriodSharesRestrictedStockAwardGross - shares 1 Quarter
Issuance of restricted stock, shares StockIssuedDuringPeriodSharesRestrictedStockAwardGross - shares 1 Quarter
Exercise of stock options, shares StockIssuedDuringPeriodSharesStockOptionsExercised 5,595.00 shares 1 Quarter
Exercise of stock options, shares StockIssuedDuringPeriodSharesStockOptionsExercised 5,595.00 shares 1 Quarter
Exercise of stock options, amount StockIssuedDuringPeriodValueStockOptionsExercised $26.00K USD 1 Quarter
Exercise of stock options, amount StockIssuedDuringPeriodValueStockOptionsExercised $26.00K USD 1 Quarter
Vesting of restricted stock VestingOfRestrictedStockAwardValue $18.00K USD 1 Quarter
Vesting of restricted stock VestingOfRestrictedStockAwardValue $18.00K USD 1 Quarter
Vesting of restricted stock VestingOfRestrictedStockAwardValue $11.00K USD 1 Quarter
Vesting of restricted stock VestingOfRestrictedStockAwardValue $11.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.90M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.90M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $31.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $31.00K USD 1 Quarter
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-35.81M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Net loss NetIncomeLoss $-12.75M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-279.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-279.00K USD 1 Quarter
Ending balance, shares TemporaryEquitySharesOutstanding 0.00 shares Point-in-time
Ending balance, shares TemporaryEquitySharesOutstanding 0.00 shares Point-in-time
Ending balance, amount StockholdersEquity $-57.76M USD Point-in-time
Ending balance, amount StockholdersEquity $-57.76M USD Point-in-time
Ending balance, amount StockholdersEquity $-35.24M USD Point-in-time
Ending balance, amount StockholdersEquity $-35.24M USD Point-in-time
Ending balance, amount StockholdersEquity $373.21M USD Point-in-time
Ending balance, amount StockholdersEquity $373.21M USD Point-in-time
Ending balance, amount StockholdersEquity $405.39M USD Point-in-time
Ending balance, amount StockholdersEquity $405.39M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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