CRVS Corvus Pharmaceuticals, Inc.

FY2025 10-K
Filed: Mar 12, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

Corvus Pharmaceuticals, Inc. (CRVS) filed its fiscal year 2025 10-K annual report with the SEC on Mar 12, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Clinical-stage biopharma developing targeted immune cell protein inhibitors for immune-mediated diseases, inflammatory diseases, and cancers
  • New emphasis: Soquelitinib advanced to Phase 3 trial for relapsed peripheral T cell lymphoma (PTCL) and initiated Phase 2 trial for moderate-to-severe atopic dermatitis
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed in MD&A section
  • No segment performance data available
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Risk Factors

  • Regulatory risk FDA approval delay for soquelitinib with $21.2M R&D spend in 2025, clinical trial costs up $6.0M YoY
  • Macroeconomic risk accumulated deficit $412.3M with net loss $15.3M in 2025, cash runway only through Q2 2028
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