Monte Rosa Therapeutics, Inc.
Business
Monte Rosa Therapeutics is a clinical-stage biotechnology company developing molecular glue degraders (MGDs), small-molecule drugs that induce targeted protein degradation using the body's natural proteasome machinery. The company's QuEEN proprietary discovery platform identifies and designs MGDs against therapeutically relevant proteins considered undruggable by conventional approaches, with applications across immunology, inflammation, cardiovascular disease, and oncology. Current clinical programs include MRT-6160 (VAV1-directed MGD licensed to Novartis for immune-mediated diseases), MRT-8102 (NEK7-directed MGD for NLRP3-driven inflammatory diseases), and MRT-2359 (GSPT1-directed MGD for metastatic castration-resistant prostate cancer), supported by collaborations with Roche and Novartis and a library of over 75,000 rationally designed MGD molecules.
Summary from 10-K filed 2026-03-17
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 |
|---|---|---|---|---|---|---|
| Collaboration revenue | 124 | 76 | 0 | — | — | |
| Research and development | 142 | 122 | 111 | 85 | 57 | |
| General and administrative | 36 | 35 | 32 | 27 | 16 | |
| Total operating expenses | 178 | 157 | 143 | 112 | 73 | |
| Loss from operations | −54 | −81 | −143 | −112 | −73 | |
| Interest income | 13 | 11 | 9 | 4 | 46,000 | |
| Foreign currency exchange gain, net | 1 | 416,000 | −930,000 | 10,000 | −162,000 | |
| Gain on disposal of fixed assets | 59,000 | 0 | 24,000 | 109,000 | 0 | |
| Total other income | 14 | 11 | 8 | 4 | −1 | |
| Net loss before income taxes | −40 | −70 | −135 | −109 | — | |
| Income tax benefit (provision) | 1 | −3 | −338,000 | 0 | — | |
| Net loss | −39 | −73 | −135 | −109 | −74 | |
| Net loss per share attributable to common stockholders - basic | −0.46 | −0.98 | −2.63 | −2.3 | −2.96 | |
| Net loss per share attributable to common stockholders - diluted | −0.46 | −0.98 | −2.63 | −2.3 | −2.96 | |
| Weighted-average number of common shares used in computing net loss per share - basic | 83 | 74 | 51 | 47 | 25 | |
| Weighted-average number of common shares used in computing net loss per share - diluted | 83 | 74 | 51 | 47 | 25 | |
| Provision for pension benefit obligation | −518,000 | −802,000 | −1 | 718,000 | −965,000 | |
| Unrealized gain on available-for-sale securities | 47,000 | 170,000 | 397,000 | −449,000 | 0 | |
| Comprehensive loss | −39 | −73 | −136 | −108 | −75 |
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 | 130 | 224 | 128 | 55 | 346 | |
| Marketable securities | 247 | 148 | 104 | 208 | 0 | |
| Collaboration receivable | 7 | 0 | — | — | — | |
| Other receivables | 5 | 173,000 | 505,000 | 8 | 0 | |
| Prepaid expenses and other current assets | 4 | 5 | 3 | 4 | 3 | |
| Total current assets | 393 | 377 | 236 | 276 | 349 | |
| Property and equipment, net | 26 | 29 | 34 | 27 | 12 | |
| Operating lease right-of-use assets | 24 | 27 | 29 | 35 | 7 | |
| Restricted cash | 5 | 5 | 5 | 4 | 5 | |
| Other long-term assets | 148,000 | 115,000 | 352,000 | 278,000 | 0 | |
| Total assets | 449 | 439 | 304 | 342 | 366 | |
| Accounts payable | 4 | 17 | 11 | 8 | 7 | |
| Accrued expenses and other current liabilities | 27 | 19 | 15 | 15 | 10 | |
| Current deferred revenue | 30 | 117 | 18 | 0 | — | |
| Current portion of operating lease liability | 4 | 4 | 3 | 3 | 0 | |
| Total current liabilities | 64 | 157 | 47 | 26 | 17 | |
| Deferred revenue, net of current | 111 | 16 | 32 | 0 | — | |
| Defined benefit plan liability | 5 | 4 | 3 | 2 | 2 | |
| Operating lease liability, net of current | 35 | 39 | 43 | 44 | 0 | |
| Total liabilities | 216 | 216 | 125 | 71 | 19 | |
| Commitments and contingencies (Note 8) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value; 500,000,000 shares authorized, 61,790,239 and 61,507,446 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 7,000 | 6,000 | 5,000 | 5,000 | 5,000 | |
| Additional paid-in capital | 714 | 665 | 548 | 504 | 472 | |
| Accumulated other comprehensive loss | −4 | −3 | −3 | −2 | −2 | |
| Accumulated deficit | −477 | −439 | −366 | −231 | −122 | |
| Total stockholders' equity | 233 | 223 | 179 | 271 | 348 | |
| Total liabilities and stockholders' equity | 449 | 439 | 304 | 342 | 366 |
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 | −39 | −73 | −135 | −109 | −74 | |
| Stock-based compensation expense | 19 | 18 | 17 | 12 | 5 | |
| Depreciation | 8 | 8 | 6 | 4 | 2 | |
| Net accretion of discounts/premiums on marketable securities | −2 | −3 | −4 | −2 | 0 | |
| Gain on disposal of property and equipment | −59,000 | 0 | −24,000 | −109,000 | 17,000 | |
| Collaboration receivable | −7 | 0 | — | — | — | |
| Other receivables | −4 | 332,000 | 2 | −187,000 | 0 | |
| Prepaid expenses and other assets | 604,000 | −2 | 1 | −2 | −704,000 | |
| Accounts payable | −14 | 6 | 6 | −744,000 | −706,000 | |
| Accrued expenses and other current liabilities | 8 | 4 | 4 | 1 | 7 | |
| Defined benefit plan liability | 1 | 187,000 | −188,000 | 74,000 | 1 | |
| Right-of-use assets and operating lease liabilities | −1 | −1 | 10 | −181,000 | 0 | |
| Deferred revenue | 8 | 83 | 50 | 0 | — | |
| Net cash (used in) provided by operating activities | −23 | 42 | −44 | −92 | −59 | |
| Purchases of property and equipment | −5 | −4 | −19 | −13 | −10 | |
| Purchases of marketable securities | −377 | −230 | −103 | −384 | 0 | |
| Proceeds from maturities of marketable securities | 280 | 190 | 165 | 178 | — | |
| Net cash used in investing activities | −102 | −44 | 89 | −219 | −10 | |
| Proceeds from underwritten public offering, net of underwriter's discount of $3,000 | 0 | 47 | 0 | — | — | |
| Proceeds from issuance of pre-funded warrants | 0 | 50 | 25 | 0 | — | |
| Payment of common stock and pre-funded warrant issuance costs | −357,000 | −641,000 | −116,000 | −364,000 | — | |
| Proceeds from exercise of employee stock options | 6 | 1 | 2 | 439,000 | 149,000 | |
| Proceeds from employee stock purchase plan | 735,000 | 527,000 | — | — | — | |
| Net cash provided by financing activities | 30 | 99 | 27 | 20 | 378 | |
| Net (decrease) increase in cash, cash equivalents and restricted cash | −94 | 96 | 72 | −291 | 309 | |
| Purchases of property and equipment in accounts payable and accrued expenses | 149,000 | 50,000 | 237,000 | 6 | 656,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Monte Rosa Therapeutics, Inc.'s CIK number?
Monte Rosa Therapeutics, Inc.'s SEC CIK number is 0001826457 (1826457). 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 Monte Rosa Therapeutics, Inc.'s SEC filings?
All of Monte Rosa 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 Monte Rosa Therapeutics, Inc. last report earnings?
Monte Rosa Therapeutics, Inc. (GLUE) 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 0001193125-26-210298). This is Monte Rosa Therapeutics, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Monte Rosa Therapeutics, Inc.'s most recent earnings 8-K?
Monte Rosa Therapeutics, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-210298. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Monte Rosa Therapeutics, Inc.'s latest earnings 8-K →
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