Black Diamond Therapeutics, Inc.
Business
Black Diamond Therapeutics is a clinical-stage oncology company developing MasterKey therapies that target families of oncogenic mutations in patients with cancer. The company's lead program, silevertinib, is a brain-penetrant EGFR inhibitor in Phase 2 trials for EGFR-mutant non-small cell lung cancer and glioblastoma. The company also has an outlicensed RAF inhibitor program (BDTX-4933) licensed to Servier and an early-stage FGFR program. Black Diamond operates in the United States and pursues development through partnerships for pivotal trials and commercialization.
Summary from 10-K filed 2026-03-16
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 |
|---|---|---|---|---|---|---|
| License revenue | 70 | 0 | — | — | — | |
| Research and development | 34 | 51 | 59 | 64 | 97 | |
| General and administrative | 17 | 27 | 27 | 28 | 30 | |
| Impairment of right-of-use assets and property and equipment | 7 | 0 | — | — | — | |
| Total operating expenses | 57 | 79 | 86 | 93 | 127 | |
| Income (loss) from operations | 13 | −79 | −86 | −93 | −127 | |
| Interest income | 4 | 2 | 2 | 2 | 3 | |
| Other income (expense) | 6 | 7 | 2 | −354,000 | −2 | |
| Total other income (expense), net | 10 | 9 | 4 | 4 | 1 | |
| Net income (loss) | 22 | −70 | −82 | −91 | −126 | |
| Net income (loss) per share, basic (in dollars per share) | 0.39 | −1.27 | −1.88 | −2.52 | −3.47 | |
| Net income (loss) per share, diluted (in dollars per share) | 0.39 | −1.27 | −1.88 | −2.52 | −3.47 | |
| Weighted average common shares outstanding, basic (in shares) | 57 | 55 | 44 | 36 | 36 | |
| Weighted average common share outstanding, diluted (in shares) | 58 | 55 | 44 | 36 | 36 | |
| Change in unrealized (loss) gain on investments, net | 77,000 | 51,000 | 2 | −1 | −1 | |
| Comprehensive income (loss) | 22 | −70 | −81 | −93 | −127 |
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 | 21 | 36 | 56 | 34 | 66 | |
| Investments | 108 | 62 | 75 | 88 | 144 | |
| Prepaid expenses and other current assets | 4 | 3 | 3 | 5 | 6 | |
| Total current assets | 132 | 101 | 134 | 128 | 216 | |
| Property and equipment, net | 365,000 | 1 | 2 | 3 | 3 | |
| Restricted cash | 829,000 | 819,000 | 823,000 | 1 | 1 | |
| Right-of-use assets | 9 | 19 | 22 | 25 | 28 | |
| Other non-current assets | 73,000 | 249,000 | 0 | 0 | 16,000 | |
| Total assets | 143 | 123 | 159 | 156 | 248 | |
| Accounts payable | 579,000 | 4 | 2 | 2 | 4 | |
| Accrued expenses and other current liabilities | 15 | 17 | 17 | 13 | 20 | |
| Total current liabilities | 16 | 21 | 20 | 15 | 24 | |
| Non-current operating lease liability | 15 | 19 | 22 | 25 | 28 | |
| Total liabilities | 31 | 39 | 42 | 41 | 52 | |
| Commitments and contingencies (Note 12) | 0 | 0 | 0 | 0 | 0 | |
| Preferred stock, $0.0001 par value; 10,000,000 shares and 10,000,000 shares authorized at December 31, 2025 and 2024, respectively; no shares issued or outstanding at December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock; $0.0001 par value; 500,000,000 shares authorized at December 31, 2025 and 500,000,000 shares authorized at December 31, 2024; 57,138,057 shares issued and outstanding at December 31, 2025 and 56,644,655 shares issued and outstanding at December 31, 2024 | 8,000 | 7,000 | 7,000 | 5,000 | 5,000 | |
| Additional paid-in capital | 577 | 570 | 534 | 453 | 440 | |
| Accumulated other comprehensive income (loss) | 101,000 | 24,000 | −27,000 | −2 | −414,000 | |
| Accumulated deficit | −465 | −487 | −417 | −335 | −244 | |
| Total stockholders' equity | 112 | 83 | 117 | 116 | 196 | |
| Total liabilities and stockholders' equity | 143 | 123 | 159 | 156 | 248 |
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 |
|---|---|---|---|---|---|---|
| Stock-based compensation expense | 7 | 11 | 10 | 12 | 14 | |
| Depreciation expense | 325,000 | 343,000 | 437,000 | 508,000 | 205,000 | |
| (Accretion) amortization on investments | −1 | −4 | −1 | 536,000 | — | |
| Non-cash rent expense | 3 | 3 | 3 | 3 | 2 | |
| Gain on sale of investments | −74,000 | 0 | — | — | — | |
| Gain on sale of property and equipment | −27,000 | −94,000 | 0 | — | — | |
| Prepaid expenses and other current assets | −349,000 | 33,000 | 2 | 1 | −2 | |
| Other non-current assets | 176,000 | −249,000 | 0 | 16,000 | 90,000 | |
| Accounts payable | −3 | 2 | 597,000 | −2 | 2 | |
| Accrued expenses and other current liabilities | −1 | −756,000 | 4 | −6 | 9 | |
| Non-current operating lease liability | −4 | −3 | −3 | −3 | −2 | |
| Net cash provided by (used in) operating activities | 30 | −62 | −67 | −85 | −100 | |
| Proceeds from disposal of equipment | 27,000 | 94,000 | 95,000 | 9,000 | 0 | |
| Proceeds from sales and maturities of investments | 119 | 140 | 78 | 114 | 183 | |
| Purchases of investments | −164 | −123 | −62 | −60 | −50 | |
| Net cash provided by (used in) investing activities | −45 | 17 | 16 | 53 | 131 | |
| Proceeds from exercise of common stock options and ESPP, net of restricted stock surrendered for taxes | −146,000 | 1 | — | — | — | |
| Proceeds from issuance of common stock, net of issuance costs | 0 | 24 | 72 | 0 | — | |
| Net cash provided by (used in) financing activities | −146,000 | 26 | 72 | 177,000 | 729,000 | |
| Net (decrease) increase in cash and cash equivalents | −15 | −20 | 22 | −32 | 31 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Black Diamond Therapeutics, Inc.'s CIK number?
Black Diamond Therapeutics, Inc.'s SEC CIK number is 0001701541 (1701541). 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 Black Diamond Therapeutics, Inc.'s SEC filings?
All of Black Diamond Therapeutics, 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 Black Diamond Therapeutics, Inc. last report earnings?
Black Diamond Therapeutics, Inc. (BDTX) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001701541-26-000015). This is Black Diamond Therapeutics, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Black Diamond Therapeutics, Inc.'s most recent earnings 8-K?
Black Diamond Therapeutics, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001701541-26-000015. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Black Diamond Therapeutics, Inc.'s latest earnings 8-K →
Look up any company's CIK number →