CG Oncology, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that CG Oncology, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($161.00M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($88.04M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($48.61M) | Feb 27, 2026 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($190.77M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($114.67M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($55.45M) | Feb 27, 2026 |
R&D Expense
Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $116.64M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $82.10M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $45.75M | Feb 27, 2026 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($132.35M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($78.71M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($45.68M) | Feb 27, 2026 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $134.0K | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $234.0K | Feb 27, 2026 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $791.59M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $754.80M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $199.30M | Mar 28, 2025 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $38.99M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $21.42M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $14.51M | Mar 28, 2025 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $752.60M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $733.38M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($123.10M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2022 | ($77.69M) | Feb 27, 2026 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.30M | Feb 27, 2026 |
| FY2025 | Jul 20, 2025 | $10.30M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $0 | Feb 27, 2026 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($378.98M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($217.98M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($129.94M) | Mar 28, 2025 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $32.49M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $257.07M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $8.27M | Mar 28, 2025 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (2) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | (1) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | (15) | Feb 27, 2026 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (2) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | (1) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | (15) | Feb 27, 2026 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 80.69M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 76.15M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 5.22M | Mar 28, 2025 |