Microcap Ledger

Tickers · $TECX

Tectonic Therapeutic, Inc. $TECX

By Microcap Ledger desk · CIK 0001681087

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
Biological Products, (No Diagnostic Substances)
Headquarters
Watertown, MA
Fiscal year end
December 31
Shares outstanding
19,549,366 [10-Q 2026-08-06]
as of 2026-07-31

Sources: [10-K 2026-02-26]

What the company doesAI summary of filing

Tectonic Therapeutic is a clinical-stage biotechnology company that discovers and develops therapeutic proteins and antibodies targeting G-protein coupled receptors (GPCRs) using its proprietary GEODe platform technology. The company has two lead product candidates: TX45, an Fc-relaxin fusion molecule in Phase 2 development for pulmonary hypertension associated with heart failure, and TX2100, a VHH-Fc fusion antibody in Phase 1a development for hereditary hemorrhagic telangiectasia. The company is pre-revenue and relies on third-party contract manufacturers for production of its clinical candidates, with no established commercial organization as of the filing date. [10-K 2026-02-26]

Segments: TX45 (Fc-relaxin fusion molecule), TX2100 (APJ VHH-Fc fusion antibody), GPCR Modulator Bispecific for Fibrosis

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$47.53M −$39.86M$227.07M[10-Q 2026-08-06]
FY ended Dec 2025—−$74.15B −$60.08M$253.80M[DEF 14A 2026-04-24]
FY ended Dec 2024—−$57.98B −$59.08M$141.24M[DEF 14A 2026-04-24]
Quarterly cash burn
−$19.93M
Cash runway Estimate
~34.2 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
2024-11-0114,752,689[10-Q 2024-11-12]
2025-03-0118,662,672[10-K 2025-03-20]
2025-05-0118,672,509[10-Q 2025-05-08]
2025-08-0118,712,128[10-Q 2025-08-07]
2025-11-0318,716,280[10-Q 2025-11-06]
2026-02-1618,776,626[10-K 2026-02-26]
2026-05-0118,869,186[10-Q 2026-05-07]
2026-07-3119,549,366[10-Q 2026-08-06]
Shelf registration
S-3 filed 2025-07-07; declared effective 2025-07-15 [S-3 2025-07-07]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-30Mcnamara Petersell536$23.04[4 2026-10-02]
2026-09-25Lochner Danielother520$23.67[4 2026-10-02]
2026-09-25Mcnamara Peterother444$23.67[4 2026-10-02]
2026-09-25Ruddy Marcella K.other525$23.67[4 2026-10-02]
2026-09-25Reicin Aliseother1,545$23.67[4 2026-10-02]
2026-09-25Schwabish Marcother411$23.67[4 2026-10-02]

Catalysts and calendar

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