earnings
confidence high
sentiment neutral
materiality 0.65
Foghorn Q3 net loss narrows to $15.8M; CFO Humer resigns; cash runway into 2028
Foghorn Therapeutics Inc.
2025-Q3 EPS reported
-$0.84
revenue$21,662,000
- CFO Kristian Humer resigns effective Nov 14, 2025 to pursue other opportunity; no disagreement with company.
- Q3 2025 net loss $15.8M vs $19.1M YoY; collaboration revenue $8.2M (vs $7.8M); R&D expenses $20.0M.
- Cash, equivalents, and marketable securities $180.3M as of Sept 30, 2025; provides cash runway into 2028.
- FHD-909 (SMARCA2 inhibitor) Phase 1 trial in SMARCA4-mutated NSCLC enrolling well; combination data with pembrolizumab and KRAS inhibitors.
- Selective CBP degrader IND-ready in 2026; EP300 degrader IND-enabling studies in 2026; ARID1B degrader advancing to in vivo POC in 2026.