CG Oncology, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:37:29Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Free Cash Flow | -132.48M | -78.95M | — |
| EBITDA | -189.33M | -114.63M | -55.43M |
| Working Capital | 728.64M | 732.84M | 179.87M |
| Net Debt | -25.47M | -256.83M | -7.80M |
| Operating Margin | -4722.13% | -10067.25% | -27180.88% |
| Net Margin | -3985.02% | -7729.50% | -23826.96% |
| Return on Equity (ROE) | -21.39% | -12.00% | 39.49% |
| Return on Assets (ROA) | -20.34% | -11.66% | -24.39% |
| Current Ratio | 24.63× | 35.30× | 13.62× |
| Debt-to-Equity | 0.01× | 0.00× | -0.00× |
| Cash Conversion Ratio | 0.82× | 0.89× | 0.94× |
| Accruals Ratio | -0.04× | -0.01× | -0.01× |
| SBC % of Revenue | 660.30% | 1001.05% | 749.02% |
| CapEx Coverage | -987.66× | -336.38× | — |
| Free Cash Flow Per Share | $-1.71 | $-1.26 | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Research and Development Expense | 116.64M | 82.10M | 45.75M |
| Operating Expenses | — | 115.81M | 55.65M |
| Operating Income (Loss) | -190.77M | -114.67M | -55.45M |
| Income Tax Expense (Benefit) | -270.00K | 1.00K | 1.00K |
| Net Income (Loss) Attributable to Parent | -161.00M | -88.04M | -48.61M |
| Earnings Per Share, Basic | $-2.08 | $-1.41 | $-15.65 |
| Weighted Average Number of Shares Outstanding, Basic | 77.30M | 62.50M | 4.33M |
| Earnings Per Share, Diluted | $-2.08 | $-1.41 | $-15.65 |
| Weighted Average Number of Shares Outstanding, Diluted | 77.30M | 62.50M | 4.33M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 32.49M | 257.07M | 8.27M |
| Assets, Current | 759.48M | 754.21M | 194.12M |
| Assets | 791.59M | 754.80M | 199.30M |
| Liabilities, Current | 30.84M | 21.37M | 14.25M |
| Long-term Debt, Excluding Current Maturities | 3.00M | 0 | — |
| Liabilities | 38.99M | 21.42M | 14.51M |
| Stockholders' Equity Attributable to Parent | 752.60M | 733.38M | -123.10M |
| Common Stock, Shares, Outstanding | 80.69M | 76.15M | 5.22M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2024 |
|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -132.35M | -78.71M | -45.68M |
| Payments to Acquire Property, Plant, and Equipment | 134.00K | 234.00K | — |
| Net Cash Provided by (Used in) Investing Activities | -245.82M | -300.76M | -121.19M |
| Net Cash Provided by (Used in) Financing Activities | 153.59M | 628.28M | 87.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -57.25M | -36.22M | -96.26M | -57.27M | -29.29M | -20.87M |
| EBITDA | -65.55M | -47.85M | — | — | -42.18M | -38.05M |
| Working Capital | 1.07B | 728.64M | 665.26M | 642.65M | 678.55M | 732.84M |
| Net Debt | -26.13M | -25.47M | -37.90M | -13.63M | -40.44M | -256.83M |
| Operating Margin | -6130.10% | -2097.33% | -3068.97% | — | -81161.54% | -8344.08% |
| Net Margin | -5558.82% | -1779.03% | -2629.53% | — | -66253.85% | -6973.25% |
| Return on Equity (ROE) | -5.51% | -5.49% | -6.37% | -6.18% | -4.89% | -4.34% |
| Return on Assets (ROA) | -5.30% | -5.22% | -6.00% | -5.91% | -4.73% | -4.21% |
| Current Ratio | 31.30× | 24.63× | 22.79× | 22.15× | 30.97× | 35.30× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.00× | 0.00× | 0.00× |
| Cash Conversion Ratio | 0.95× | 0.88× | 2.19× | 1.38× | 0.85× | 0.65× |
| Accruals Ratio | -0.00× | -0.01× | 0.07× | 0.02× | -0.01× | -0.01× |
| SBC % of Revenue | 597.78% | 309.52% | 1169.81% | — | 9905.77% | 1094.30% |
| CapEx Coverage | -187.31× | -5173.71× | -756.93× | -1907.87× | -1829.81× | -98.86× |
| Free Cash Flow Per Share | $-0.68 | $-0.47 | $-1.25 | $-0.75 | $-0.38 | $-0.33 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 43.73M | 29.96M | 27.88M | 31.33M | 27.47M | 26.80M |
| Operating Expenses | — | — | — | 48.74M | 42.26M | 38.51M |
| Operating Income (Loss) | -66.39M | -48.70M | -51.13M | -48.74M | -42.20M | -38.05M |
| Net Income (Loss) Attributable to Parent | -60.20M | -41.31M | -43.81M | -41.43M | -34.45M | -31.80M |
| Earnings Per Share, Basic | $-0.71 | $-0.51 | $-0.57 | $-0.54 | $-0.45 | $-0.48 |
| Weighted Average Number of Shares Outstanding, Basic | 84.52M | 77.30M | 76.73M | 76.23M | 76.19M | 62.50M |
| Earnings Per Share, Diluted | $-0.71 | $-0.51 | $-0.57 | $-0.54 | $-0.45 | $-0.48 |
| Weighted Average Number of Shares Outstanding, Diluted | 84.52M | 77.30M | 76.73M | 76.23M | 76.19M | 62.50M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 33.70M | 32.49M | 45.15M | 14.62M | 41.47M | 257.07M |
| Assets, Current | 1.10B | 759.48M | 695.79M | 673.03M | 701.19M | 754.21M |
| Assets | 1.14B | 791.59M | 729.91M | 701.45M | 728.18M | 754.80M |
| Liabilities, Current | 35.22M | 30.84M | 30.53M | 30.38M | 22.64M | 21.37M |
| Long-term Debt, Excluding Current Maturities | 3.00M | 3.00M | 3.00M | — | — | 0 |
| Liabilities | 43.48M | 38.99M | 42.27M | 31.09M | 23.42M | 21.42M |
| Stockholders' Equity Attributable to Parent | 1.09B | 752.60M | 687.64M | 670.36M | 704.76M | 733.38M |
| Common Stock, Shares, Outstanding | 88.01M | 80.69M | 78.28M | 76.23M | 76.22M | 76.15M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -56.94M | -36.22M | -96.13M | -57.24M | -29.28M | -20.66M |
| Payments to Acquire Property, Plant, and Equipment | 304.00K | 7.00K | 127.00K | 30.00K | 16.00K | 209.00K |
| Net Cash Provided by (Used in) Investing Activities | -334.85M | -75.50M | -170.32M | -185.36M | -186.77M | 10.90M |
| Net Cash Provided by (Used in) Financing Activities | 393.00M | 99.07M | 54.52M | 154.00K | 450.00K | 223.41M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CGON CIK 0001991792),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.