CGEM: the balance sheet

MyFinsight

For the year ending 2025-12-31, CGEM has $448,374K in assets. $39,644K in debts. $88,332K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	88,332
Short-term investments	289,564
Prepaid expenses and other current assets	8,860
Total current assets	386,756
Total property and equipment, gross	1,390
Less accumulated depreciation	969
Property and equipment, net	421
Operating lease right-of-use assets	2,630
Other assets	297
Long-term investments	58,270
Total assets	448,374

Accounts payable	841
Accrued expenses and other current liabilities	36,120
Operating lease liabilities, current	780
Total current liabilities	37,741
Operating lease liabilities, net of current portion	1,903
Total liabilities	39,644
Common stock, 0.0001 par value, 150,000,000 shares authorized as of december 31, 2025 and 2024 60,244,136 and 58,510,610 shares issued and outstanding as of december 31, 2025 and 2024, respectively	6
Additional paid-in capital	995,823
Accumulated other comprehensive gain (loss)	1,020
Accumulated deficit	-588,119
Total cullinan stockholders' equity	408,730
Noncontrolling interests	0
Total stockholders' equity	408,730
Total liabilities and stockholders' equity	448,374

Unit: Thousand (K) dollars (except for numbers of shares and EPS).