Microcap Ledger

Tickers · $FHTX

Foghorn Therapeutics Inc. $FHTX

By Microcap Ledger desk · CIK 0001822462

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
Pharmaceutical Preparations
Headquarters
Cambridge, MA
Fiscal year end
December 31
Shares outstanding
59,385,315 [10-Q 2026-08-06]
as of 2026-07-31

Sources: [10-K 2026-03-11]

What the company doesAI summary of filing

Foghorn Therapeutics is a clinical-stage biotechnology company developing small-molecule medicines that target the chromatin regulatory system to treat serious diseases, primarily oncology. The company's proprietary Gene Traffic Control platform enables identification and validation of genetic dependencies within the chromatin regulatory system, which it says is implicated in approximately 50 percent of all cancers. Foghorn is currently developing more than seven programs across multiple targets including SMARCA2, CBP, EP300, and ARID1B, with its most advanced candidate, FHD-909 (a selective SMARCA2 inhibitor), now in Phase 1 clinical trials under a collaboration with Eli Lilly. The company is pre-revenue and generates income through its strategic collaboration agreement with Lilly, which included an upfront payment of $300 million and an $80 million equity investment, with additional milestone payments and royalties on future product sales. [10-K 2026-03-11]

Segments: FHD-909 (SMARCA2 inhibitor), SMARCA2 degrader, CBP degrader, EP300 degrader

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$19.34M−$27.07M −$43.11M$68.08M[10-Q 2026-08-06]
FY ended Dec 2025$30.91M−$74.28M −$86.10M$80.88M[10-K 2026-03-11]
FY ended Dec 2024$22.60M−$86.62M −$100.41M$55.45M[10-K 2026-03-11]
Quarterly cash burn
−$21.55M
Cash runway Estimate
~9.5 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-2855,593,131[10-Q 2024-11-04]
2025-02-2855,612,239[10-K 2025-03-06]
2025-05-0655,741,373[10-Q 2025-05-14]
2025-07-2856,529,969[10-Q 2025-08-05]
2025-10-3156,551,289[10-Q 2025-11-05]
2026-02-2758,700,246[10-K 2026-03-11]
2026-04-3058,713,922[10-Q 2026-05-07]
2026-07-3159,385,315[10-Q 2026-08-06]
Shelf registration
S-3 filed 2025-01-24; declared effective 2025-01-31 [S-3 2025-01-24]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-01-24. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2025-01-248-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-01-24]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.