v3.25.3

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Operating expenses:
Research and development	$ 9,073	$ 6,240	$ 32,975	$ 8,377
Acquired in-process research and development, related party	0	0	0	51,659
General and administrative	5,819	5,492	15,612	11,073
Total operating expenses	14,892	11,732	48,587	71,109
Loss from operations	(14,892)	(11,732)	(48,587)	(71,109)
Other income (expense):
Interest income	2,037	2,785	6,497	5,611
Foreign currency loss	(33)	52	(245)	17
Total other income, net	2,004	2,837	6,252	5,628
Net loss	$ (12,888)	$ (8,895)	$ (42,335)	$ (65,481)
Net loss per share, basic	$ (0.19)	$ (0.13)	$ (0.63)	$ (1.57)
Net loss per share, diluted	$ (0.19)	$ (0.13)	$ (0.63)	$ (1.57)
Weighted-average number of shares used to compute net loss per share, basic	68,003,248	67,014,183	67,685,587	41,759,931
Weighted-average number of shares used to compute net loss per share, diluted	68,003,248	67,014,183	67,685,587	41,759,931
Comprehensive loss:
Net Income (Loss)	$ (12,888)	$ (8,895)	$ (42,335)	$ (65,481)
Other comprehensive income:
Unrealized gain on marketable securities	151	201	446	203
Comprehensive loss	$ (12,737)	$ (8,694)	$ (41,889)	$ (65,278)

The amount of in-process research and development assets acquired during the period.

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Climb Bio, Inc. 10-Q