Forte Biosciences Inc. reported a net loss of $17.7 million for the third quarter of 2025, compared to a net loss of $8.4 million for the same period in 2024. For the nine months ended September 30, 2025, the net loss was $44.6 million, up from $28.3 million in the prior year period. Research and development expenses for the quarter were $15.1 million, up from $5.7 million a year earlier. General and administrative expenses were $3.2 million, compared to $2.8 million for the third quarter of 2024. As of September 30, 2025, Forte Biosciences had $93.4 million in cash and cash equivalents, with total assets at $97.1 million and stockholders' equity at $84.1 million. The company had approximately 12.5 million shares of common stock and 5.3 million prefunded warrants outstanding as of the end of the quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forte Biosciences Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251114817278) on November 14, 2025, and is solely responsible for the information contained therein.
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