CGON
CG Oncology, Inc.37.85
-1.90-4.78%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
3.05BP/E (TTM)
-Basic EPS (TTM)
-2.05Dividend Yield
0%Recent Filings
10-K
FY2025 results
CG Oncology posted FY2025 net loss of $161M, up from $88M in FY2024, driven by ramped R&D to $117M (from $82M) for cretostimogene Phase 3 trials and G&A to $74M (from $34M) amid headcount growth; Q4 reflected BLA initiation for high-risk BCG-unresponsive NMIBC after 75.5% CR rate topline. Quarterly momentum accelerated with PIVOT-006 enrollment complete Q3, CORE-008 data at SUO December 2025 showing 83.7% CR in BCG-naïve. Biovire acquisition July strengthened supply chain. Cash at $742M funds operations. Clinical delays could stall BLA.
8-K
2025 loss widens; data ahead
CG Oncology reported 2025 net loss of $161.0 million, up from $88.0 million in 2024, driven by R&D expenses rising to $116.6 million and G&A to $73.5 million amid clinical ramp-up. Cash hit $742.2 million at year-end, bolstered to ~$903.0 million by February 2026 via ATM sales, funding ops into H1 2029. Key catalysts loom: PIVOT-006 Phase 3 topline in H1 2026. Data risks persist.
8-K
Expands ATM offering to $550M
CG Oncology filed Amendment No. 1 to its prospectus on January 13, 2026, boosting its at-the-market equity offering under the March 2025 Jefferies Sales Agreement from $250 million to $550 million aggregate value. Having already sold shares for $250 million gross proceeds, this expands capacity by $300 million. Sales ramp up smoothly.
8-K
PIVOT-006 data 1H 2026
CG Oncology accelerated PIVOT-006 Phase 3 topline data to 1H 2026, nearly a year ahead, after rapid enrollment in 364 intermediate-risk NMIBC patients—first randomized trial versus surveillance. BOND-003 Cohort P showed 95.7% 3-month HG-EFS; CORE-008 Cohort A hit 83.7% CR rate with zero Grade ≥3 TRAEs. Data beats historicals, yet forward risks loom.
8-K
Rossi joins board post-Song exit
CG Oncology appointed Christina Rossi to its Board as a Class II director effective November 24, 2025, filling the vacancy from Simone Song's immediate resignation on November 22. Song, Audit Committee member and Compensation Committee chair, left without disagreement. Rossi gets $45,000 annual fee plus 20,889 vesting options. Smooth transition. No related arrangements disclosed.
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