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Equity-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Equity-based Compensation Expense Categories In Consolidated Statements of Operations and Comprehensive Income (Loss)

Cullinan recorded equity-based compensation in the following expense categories in the consolidated statements of operations and comprehensive income (loss) for the three months ended March 31, 2025 and 2024 (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

General and administrative

 

$

5,445

 

 

$

5,092

 

Research and development

 

 

3,929

 

 

 

3,135

 

Total equity-based compensation

 

$

9,374

 

 

$

8,227