ALX ONCOLOGY HOLDINGS INC
Business
ALX Oncology Holdings Inc is a clinical-stage biotechnology company developing novel immunotherapies to treat cancer. Its lead product candidate, evorpacept, is a CD47 blocker designed for use in combination with anti-cancer antibodies to enhance immune-mediated tumor cell killing. The company's pipeline also includes ALX2004, an EGFR-targeted antibody-drug conjugate in Phase 1 development. Evorpacept is being evaluated in clinical trials across multiple cancer indications including HER2-positive breast cancer, gastric cancer, non-Hodgkin lymphoma, and multiple myeloma.
Summary from 10-K filed 2026-03-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Research and development | 77 | 116 | 142 | 98 | 60 | |
| General and administrative | 24 | 26 | 28 | 29 | 23 | |
| Impairment charge | 3 | — | — | — | — | |
| Total operating expenses | 104 | 142 | 170 | 127 | 84 | |
| Loss from operations | −104 | −142 | −170 | −127 | −84 | |
| Interest income | 4 | 9 | 11 | 4 | 91,000 | |
| Interest expense | −2 | −2 | −2 | −238,000 | −13,000 | |
| Other income (expense), net | −36,000 | −20,000 | 389,000 | −22,000 | −7,000 | |
| Loss before income taxes | −102 | −135 | −161 | −123 | −83 | |
| Income tax provision | 0 | 0 | 0 | −64,000 | 21,000 | |
| Net loss | −102 | −135 | −161 | −123 | −83 | |
| Net loss per share, basic | −1.9 | −2.58 | −3.74 | −3.03 | −2.07 | |
| Net loss per share, diluted | −1.9 | −2.58 | −3.74 | −3.03 | −2.07 | |
| Weighted-average shares of common stock used to compute net loss per share, basic | 54 | 52 | 43 | 41 | 40 | |
| Weighted-average shares of common stock used to compute net loss per share, diluted | 54 | 52 | 43 | 41 | 40 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 16 | 18 | 22 | 49 | 364 | |
| Short-term investments | 28 | 110 | 160 | 217 | — | |
| Prepaid expenses and other current assets | 6 | 7 | 6 | 5 | 3 | |
| Total current assets | 51 | 134 | 189 | 271 | 367 | |
| Property and equipment, net | 1 | 3 | 4 | 4 | 897,000 | |
| Long-term investments | 3 | 4 | 35 | 17 | — | |
| Other assets | 4 | 7 | 15 | 15 | 12 | |
| Total assets | 59 | 148 | 243 | 306 | 380 | |
| Accounts payable | 5 | 4 | 9 | 8 | 4 | |
| Payable and accrued liabilities due to related party | 0 | 149,000 | 543,000 | 2 | — | |
| Term loan, current | 5 | 435,000 | — | — | — | |
| Accrued expenses and other current liabilities | 14 | 13 | 27 | 19 | 10 | |
| Total current liabilities | 25 | 19 | 36 | 28 | 15 | |
| Term loan, non-current, net | 5 | 9 | 10 | 9 | — | |
| Other non-current liabilities | 4 | 6 | 7 | 5 | 2 | |
| Total liabilities | 33 | 34 | 53 | 43 | 17 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Common stock, $0.001 par value; 1,000,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 54,388,022 and 53,052,912 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 54,000 | 53,000 | 50,000 | 41,000 | 41,000 | |
| Additional paid-in capital | 749 | 734 | 676 | 590 | 565 | |
| Accumulated other comprehensive income | 28,000 | 275,000 | 256,000 | −845,000 | — | |
| Accumulated deficit | −723 | −621 | −486 | −325 | −202 | |
| Total stockholders equity | 26 | 114 | 190 | 263 | 363 | |
| Total liabilities and stockholders equity | 59 | 148 | 243 | 306 | 380 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −102 | −135 | −161 | −123 | −83 | |
| Stock-based compensation | 13 | 27 | 26 | 24 | 14 | |
| Depreciation and amortization | 706,000 | 872,000 | 836,000 | 342,000 | 51,000 | |
| Non-cash lease costs | 2 | 2 | 1 | 1 | 685,000 | |
| Net accretion of discounts on investments | −1 | −5 | −6 | −940,000 | — | |
| Accretion of term loan discount and issuance costs | 280,000 | 265,000 | 250,000 | 44,000 | — | |
| Loss on disposal of fixed asset | — | 10,000 | — | — | — | |
| Prepaid expenses and other current assets | 658,000 | −692,000 | −1 | −1 | −2 | |
| Other assets | −686,000 | 7 | 1 | 750,000 | −10 | |
| Accounts payable | 421,000 | −4 | 458,000 | 5 | 3 | |
| Payable and accrued liabilities due to related party | −149,000 | −394,000 | −1 | 20,000 | 1 | |
| Accrued expenses and other current liabilities | 2 | −13 | 11 | 7 | 3 | |
| Other non-current liabilities | −2 | −2 | −2 | −977,000 | −698,000 | |
| Net cash used in operating activities | −84 | −122 | −130 | −89 | −68 | |
| Purchase of investments | −52 | −107 | −247 | −377 | — | |
| Maturities of investments | 134 | 194 | 293 | 143 | — | |
| Purchase of property and equipment | −212,000 | −447,000 | −1 | −1 | −666,000 | |
| Net cash provided by investing activities | 83 | 86 | 45 | −235 | −5 | |
| Proceeds from equity offerings, net of underwriter discounts ($3,795 thousand) and issuance costs ($567 thousand) | — | — | 59 | — | — | |
| Proceeds from ATM offering, net of commissions | 2 | 30 | — | — | — | |
| Proceeds from exercise of stock options under equity incentive plan | 14,000 | 2 | 269,000 | 567,000 | 3 | |
| Proceeds from issuance of common stock under employee stock purchase plan | 24,000 | 351,000 | 523,000 | 336,000 | 202,000 | |
| Principal payments on finance leases | −929,000 | −827,000 | −388,000 | −388,000 | −281,000 | |
| Principal payments on term loan | −435,000 | — | — | — | — | |
| Net cash provided by financing activities | 362,000 | 31 | 59 | 10 | 2 | |
| Net (decrease) in cash, cash equivalents and restricted cash | −1 | −5 | −26 | −315 | −71 | |
| Cash paid for interest | 1 | 1 | 1 | 103,000 | 11,000 | |
| Purchase of property and equipment in accounts payable and accrued expenses | 962,000 | 1 | 1 | 2 | 237,000 | |
| Right-of-use asset (modified) acquired under finance leases | −182,000 | 1 | 3 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ALX ONCOLOGY HOLDINGS INC's CIK number?
ALX ONCOLOGY HOLDINGS INC's SEC CIK number is 0001810182 (1810182). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ALX ONCOLOGY HOLDINGS INC's SEC filings?
All of ALX ONCOLOGY HOLDINGS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ALX ONCOLOGY HOLDINGS INC last report earnings?
ALX ONCOLOGY HOLDINGS INC (ALXO) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-213380). This is ALX ONCOLOGY HOLDINGS INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is ALX ONCOLOGY HOLDINGS INC's most recent earnings 8-K?
ALX ONCOLOGY HOLDINGS INC's latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001193125-26-213380. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ALX ONCOLOGY HOLDINGS INC's latest earnings 8-K →
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