XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
Research and development $ 41,459 $ 30,646
General and administrative 13,537 12,343
Total operating expenses 54,996 42,989
Loss from operations (54,996) (42,989)
Other income (expense):    
Interest income 6,580 5,693
Other expense, net (85) (44)
Net loss (48,501) (37,340)
Net loss attributable to noncontrolling interests 0 (192)
Net loss attributable to Cullinan (48,501) (37,148)
Comprehensive income (loss):    
Net loss (48,501) (37,340)
Unrealized gain (loss) on investments 638 (202)
Comprehensive loss (47,863) (37,542)
Comprehensive loss attributable to noncontrolling interests 0 (192)
Comprehensive loss attributable to Cullinan (47,863) (37,350)
Common Stock    
Other income (expense):    
Net loss attributable to Cullinan $ (43,698) $ (32,287)
Basic and diluted net loss per share attributable to Cullinan:    
Net loss per share, basic $ (0.74) $ (0.75)
Net loss per share, diluted $ (0.74) $ (0.75)
Weighted-average shares used in computing basic and diluted net loss per share attributable to Cullinan:    
Weighted-average common stock outstanding - basic 58,905 43,011
Weighted-average common stock outstanding - diluted 58,905 43,011
Preferred Stock    
Other income (expense):    
Net loss attributable to Cullinan $ (4,803) $ (4,861)
Basic and diluted net loss per share attributable to Cullinan:    
Net loss per share, basic $ (7.42) $ (7.51)
Net loss per share, diluted $ (7.42) $ (7.51)
Weighted-average shares used in computing basic and diluted net loss per share attributable to Cullinan:    
Weighted-average common stock outstanding - basic 648 648
Weighted-average common stock outstanding - diluted 648 648