10-Q quarterly report · filed Nov 13, 2025

Kodiak Sciences Inc. (KOD) Q3 2025 10-Q Quarterly Report

Short answer

Kodiak Sciences Inc. (KOD) filed its Q3 2025 10-Q quarterly report on Nov 13, 2025 for the quarter ended Sep 30, 2025.

Q3 2025 key financials · XBRL

Net income
−$61M
−39.8% YoY · −13.2% QoQ
EPS (diluted)
−$1.16
−39.8% YoY · −12.6% QoQ

Source: XBRL data from the Kodiak Sciences Inc. (KOD) Q3 2025 10-Q on SEC EDGAR. USD.

Kodiak Sciences Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: macroeconomic uncertainties including inflation, tariffs, rising interest rates, and bank failures impacting liquidity and operations
  • Updated risk: operational spend increased to $105.9 million for nine months ended Sept 30, 2025, cash used in operating activities $96.6 million vs $87.2 million prior year
  • Compliance risk: no material changes to contractual obligations since 12/31/2024, other than Note 5 financial statement disclosures
  • Market risk: ongoing geopolitical conflicts and supply chain disruptions may materially impact product development timelines
  • Financial risk: cash decreased by $96.0 million in first nine months 2025, requiring continued capital raises for development and commercialization efforts

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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