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10-Q Filing

Oruka Therapeutics, Inc. CIK: 907654 Q2 2025
Filing Information
Form Type 10-Q
Accession Number 0001213900-25-074281
Period End Date 20250630
Filing Date 20250811
Fiscal Year 2025
Fiscal Period Q2
XBRL Instance ea0250224-10q_oruka_htm.xml
Filing Contents
Balance Sheet 112 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $65.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $65.40M USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.58M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.58M USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 545.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 545.00M shares Point-in-time
Marketable securities, current MarketableSecuritiesCurrent $314.07M USD Point-in-time
Marketable securities, current MarketableSecuritiesCurrent $314.07M USD Point-in-time
Marketable securities, current MarketableSecuritiesCurrent $263.01M USD Point-in-time
Marketable securities, current MarketableSecuritiesCurrent $263.01M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 545.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 545.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 37.44M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 37.44M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 37.45M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 37.45M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.22M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.22M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.61M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.61M USD Point-in-time
Total current assets AssetsCurrent $376.87M USD Point-in-time
Total current assets AssetsCurrent $376.87M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 37.45M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 37.45M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 37.44M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 37.44M shares Point-in-time
Total current assets AssetsCurrent $332.01M USD Point-in-time
Total current assets AssetsCurrent $332.01M USD Point-in-time
Marketable securities, long-term MarketableSecuritiesNoncurrent $23.05M USD Point-in-time
Marketable securities, long-term MarketableSecuritiesNoncurrent $23.05M USD Point-in-time
Marketable securities, long-term MarketableSecuritiesNoncurrent $18.07M USD Point-in-time
Marketable securities, long-term MarketableSecuritiesNoncurrent $18.07M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $174.00K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $174.00K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $162.00K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $162.00K USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.08M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.08M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $876.00K USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $876.00K USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $43.00K USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $43.00K USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $103.00K USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $103.00K USD Point-in-time
Total assets Assets $396.02M USD Point-in-time
Total assets Assets $396.02M USD Point-in-time
Total assets Assets $357.42M USD Point-in-time
Total assets Assets $357.42M USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $4.66M USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $4.66M USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $3.46M USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $3.46M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $3.35M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $3.35M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $3.58M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $3.58M USD Point-in-time
Operating lease liability, current OperatingLeaseLiabilityCurrent $660.00K USD Point-in-time
Operating lease liability, current OperatingLeaseLiabilityCurrent $660.00K USD Point-in-time
Operating lease liability, current OperatingLeaseLiabilityCurrent $213.00K USD Point-in-time
Operating lease liability, current OperatingLeaseLiabilityCurrent $213.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $13.04M USD Point-in-time
Total current liabilities LiabilitiesCurrent $13.04M USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.11M USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.11M USD Point-in-time
Operating lease liability, non-current OperatingLeaseLiabilityNoncurrent $755.00K USD Point-in-time
Operating lease liability, non-current OperatingLeaseLiabilityNoncurrent $755.00K USD Point-in-time
Operating lease liability, non-current OperatingLeaseLiabilityNoncurrent $1.67M USD Point-in-time
Operating lease liability, non-current OperatingLeaseLiabilityNoncurrent $1.67M USD Point-in-time
Total liabilities Liabilities $13.80M USD Point-in-time
Total liabilities Liabilities $13.80M USD Point-in-time
Total liabilities Liabilities $13.78M USD Point-in-time
Total liabilities Liabilities $13.78M USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.001 par value; 545,000,000 shares authorized as of June 30, 2025 and December 31, 2025; 37,450,745 and 37,440,510 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively CommonStockValue $37.00K USD Point-in-time
Common stock, $0.001 par value; 545,000,000 shares authorized as of June 30, 2025 and December 31, 2025; 37,450,745 and 37,440,510 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively CommonStockValue $37.00K USD Point-in-time
Common stock, $0.001 par value; 545,000,000 shares authorized as of June 30, 2025 and December 31, 2025; 37,450,745 and 37,440,510 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively CommonStockValue $37.00K USD Point-in-time
Common stock, $0.001 par value; 545,000,000 shares authorized as of June 30, 2025 and December 31, 2025; 37,450,745 and 37,440,510 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively CommonStockValue $37.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $463.02M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $463.02M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $470.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $470.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-41.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-41.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-27.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-27.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-129.30M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-129.30M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-83.72M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-83.72M USD Point-in-time
Total stockholders equity StockholdersEquity $-28.98M USD Point-in-time
Total stockholders equity StockholdersEquity $-28.98M USD Point-in-time
Total stockholders equity StockholdersEquity $382.22M USD Point-in-time
Total stockholders equity StockholdersEquity $382.22M USD Point-in-time
Total stockholders equity StockholdersEquity $-7.06M USD Point-in-time
Total stockholders equity StockholdersEquity $-7.06M USD Point-in-time
Total stockholders equity StockholdersEquity $1.00K USD Point-in-time
Total stockholders equity StockholdersEquity $1.00K USD Point-in-time
Total stockholders equity StockholdersEquity $364.73M USD Point-in-time
Total stockholders equity StockholdersEquity $364.73M USD Point-in-time
Total stockholders equity StockholdersEquity $343.64M USD Point-in-time
Total stockholders equity StockholdersEquity $343.64M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders equity LiabilitiesAndStockholdersEquity $357.42M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders equity LiabilitiesAndStockholdersEquity $357.42M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders equity LiabilitiesAndStockholdersEquity $396.02M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders equity LiabilitiesAndStockholdersEquity $396.02M USD Point-in-time
Income Statement 120 line items
Line Item Tag Value Unit Period
Research and development ResearchAndDevelopmentExpense $23.87M USD 2 Qtrs
Research and development ResearchAndDevelopmentExpense $23.87M USD 2 Qtrs
Research and development ResearchAndDevelopmentExpense $44.01M USD 2 Qtrs
Research and development ResearchAndDevelopmentExpense $44.01M USD 2 Qtrs
Research and development ResearchAndDevelopmentExpense $18.67M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $18.67M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $24.09M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $24.09M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.49M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.49M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.34M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.34M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $9.50M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $9.50M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $2.82M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.82M USD 1 Quarter
Total operating expenses OperatingExpenses $28.43M USD 1 Quarter
Total operating expenses OperatingExpenses $28.43M USD 1 Quarter
Total operating expenses OperatingExpenses $21.49M USD 1 Quarter
Total operating expenses OperatingExpenses $21.49M USD 1 Quarter
Total operating expenses OperatingExpenses $28.36M USD 2 Qtrs
Total operating expenses OperatingExpenses $28.36M USD 2 Qtrs
Total operating expenses OperatingExpenses $53.52M USD 2 Qtrs
Total operating expenses OperatingExpenses $53.52M USD 2 Qtrs
Loss from operations OperatingIncomeLoss $-28.36M USD 2 Qtrs
Loss from operations OperatingIncomeLoss $-28.36M USD 2 Qtrs
Loss from operations OperatingIncomeLoss $-28.43M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-28.43M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-21.49M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-21.49M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-53.52M USD 2 Qtrs
Loss from operations OperatingIncomeLoss $-53.52M USD 2 Qtrs
Interest income InvestmentIncomeInterest $7.95M USD 2 Qtrs
Interest income InvestmentIncomeInterest $7.95M USD 2 Qtrs
Interest income InvestmentIncomeInterest $3.86M USD 1 Quarter
Interest income InvestmentIncomeInterest $3.86M USD 1 Quarter
Interest income InvestmentIncomeInterest - USD 2 Qtrs
Interest income InvestmentIncomeInterest - USD 2 Qtrs
Interest income InvestmentIncomeInterest - USD 1 Quarter
Interest income InvestmentIncomeInterest - USD 1 Quarter
Interest expense InterestExpenseNonoperating - USD 2 Qtrs
Interest expense InterestExpenseNonoperating - USD 2 Qtrs
Interest expense InterestExpenseNonoperating $750.00K USD 1 Quarter
Interest expense InterestExpenseNonoperating $750.00K USD 1 Quarter
Interest expense InterestExpenseNonoperating - USD 1 Quarter
Interest expense InterestExpenseNonoperating - USD 1 Quarter
Interest expense InterestExpenseNonoperating $964.00K USD 2 Qtrs
Interest expense InterestExpenseNonoperating $964.00K USD 2 Qtrs
Other expense, net OtherNonoperatingExpense $2.00K USD 1 Quarter
Other expense, net OtherNonoperatingExpense $2.00K USD 1 Quarter
Other expense, net OtherNonoperatingExpense - USD 1 Quarter
Other expense, net OtherNonoperatingExpense - USD 1 Quarter
Other expense, net OtherNonoperatingExpense $7.00K USD 2 Qtrs
Other expense, net OtherNonoperatingExpense $7.00K USD 2 Qtrs
Other expense, net OtherNonoperatingExpense - USD 2 Qtrs
Other expense, net OtherNonoperatingExpense - USD 2 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $7.94M USD 2 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $7.94M USD 2 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $3.85M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $3.85M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-964.00K USD 2 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-964.00K USD 2 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-750.00K USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-750.00K USD 1 Quarter
Net loss NetIncomeLoss $-29.32M USD 2 Qtrs
Net loss NetIncomeLoss $-29.32M USD 2 Qtrs
Net loss NetIncomeLoss $-24.57M USD 1 Quarter
Net loss NetIncomeLoss $-24.57M USD 1 Quarter
Net loss NetIncomeLoss $-45.57M USD 2 Qtrs
Net loss NetIncomeLoss $-45.57M USD 2 Qtrs
Net loss NetIncomeLoss $-22.24M USD 1 Quarter
Net loss NetIncomeLoss $-22.24M USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $14.00K USD 2 Qtrs
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $14.00K USD 2 Qtrs
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-21.00K USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-21.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-29.32M USD 2 Qtrs
Comprehensive loss ComprehensiveIncomeNetOfTax $-29.32M USD 2 Qtrs
Comprehensive loss ComprehensiveIncomeNetOfTax $-22.24M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-22.24M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-24.59M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-24.59M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-45.56M USD 2 Qtrs
Comprehensive loss ComprehensiveIncomeNetOfTax $-45.56M USD 2 Qtrs
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-6.96 USD 1 Quarter
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-6.96 USD 1 Quarter
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-0.46 USD 1 Quarter
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-0.46 USD 1 Quarter
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-9.17 USD 2 Qtrs
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-9.17 USD 2 Qtrs
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-0.85 USD 2 Qtrs
Net loss per share attributable to stockholders, Basic (in Dollars per share) EarningsPerShareBasic $-0.85 USD 2 Qtrs
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-0.46 USD 1 Quarter
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-0.46 USD 1 Quarter
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-9.17 USD 2 Qtrs
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-9.17 USD 2 Qtrs
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-0.85 USD 2 Qtrs
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-0.85 USD 2 Qtrs
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-6.96 USD 1 Quarter
Net loss per share attributable to stockholders, Diluted (in Dollars per share) EarningsPerShareDiluted $-6.96 USD 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 3.20M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 3.20M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 3.20M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 3.20M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 42.10M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 42.10M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 41.89M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 41.89M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 41.89M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 41.89M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 42.10M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 42.10M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 3.20M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 3.20M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 3.20M shares 2 Qtrs
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 3.20M shares 2 Qtrs
Cash Flow Statement 128 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-29.32M USD 2 Qtrs
Net loss NetIncomeLoss $-29.32M USD 2 Qtrs
Net loss NetIncomeLoss $-24.57M USD 1 Quarter
Net loss NetIncomeLoss $-24.57M USD 1 Quarter
Net loss NetIncomeLoss $-45.57M USD 2 Qtrs
Net loss NetIncomeLoss $-45.57M USD 2 Qtrs
Net loss NetIncomeLoss $-22.24M USD 1 Quarter
Net loss NetIncomeLoss $-22.24M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $768.00K USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $768.00K USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $9.96M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $9.96M USD 2 Qtrs
Net accretion of premiums and discounts on marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $3.30M USD 2 Qtrs
Net accretion of premiums and discounts on marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $3.30M USD 2 Qtrs
Net accretion of premiums and discounts on marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments - USD 2 Qtrs
Net accretion of premiums and discounts on marketable securities AccretionAmortizationOfDiscountsAndPremiumsInvestments - USD 2 Qtrs
Non-cash interest expense OtherNoncashExpense - USD 2 Qtrs
Non-cash interest expense OtherNoncashExpense - USD 2 Qtrs
Non-cash interest expense OtherNoncashExpense $3.00K USD 2 Qtrs
Non-cash interest expense OtherNoncashExpense $3.00K USD 2 Qtrs
Non-cash lease expense OperatingLeaseCost $187.00K USD 2 Qtrs
Non-cash lease expense OperatingLeaseCost $187.00K USD 2 Qtrs
Non-cash lease expense OperatingLeaseCost $4.00K USD 2 Qtrs
Non-cash lease expense OperatingLeaseCost $4.00K USD 2 Qtrs
Depreciation expense Depreciation $35.00K USD 2 Qtrs
Depreciation expense Depreciation $35.00K USD 2 Qtrs
Depreciation expense Depreciation - USD 2 Qtrs
Depreciation expense Depreciation - USD 2 Qtrs
Subscription receivable IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $-1.00K USD 2 Qtrs
Subscription receivable IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $-1.00K USD 2 Qtrs
Subscription receivable IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent - USD 2 Qtrs
Subscription receivable IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent - USD 2 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $1.72M USD 2 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $1.72M USD 2 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $765.00K USD 2 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $765.00K USD 2 Qtrs
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $43.00K USD 2 Qtrs
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $43.00K USD 2 Qtrs
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $60.00K USD 2 Qtrs
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $60.00K USD 2 Qtrs
Accounts payable IncreaseDecreaseInOtherAccountsPayable $1.20M USD 2 Qtrs
Accounts payable IncreaseDecreaseInOtherAccountsPayable $1.20M USD 2 Qtrs
Accounts payable IncreaseDecreaseInOtherAccountsPayable $2.02M USD 2 Qtrs
Accounts payable IncreaseDecreaseInOtherAccountsPayable $2.02M USD 2 Qtrs
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $232.00K USD 2 Qtrs
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $232.00K USD 2 Qtrs
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $683.00K USD 2 Qtrs
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $683.00K USD 2 Qtrs
Operating lease liability IncreaseDecreaseInOperatingLeaseLiability $-29.00K USD 2 Qtrs
Operating lease liability IncreaseDecreaseInOperatingLeaseLiability $-29.00K USD 2 Qtrs
Operating lease liability IncreaseDecreaseInOperatingLeaseLiability $4.00K USD 2 Qtrs
Operating lease liability IncreaseDecreaseInOperatingLeaseLiability $4.00K USD 2 Qtrs
Related party accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableRelatedParties $-5.90M USD 2 Qtrs
Related party accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableRelatedParties $-5.90M USD 2 Qtrs
Related party accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableRelatedParties $15.44M USD 2 Qtrs
Related party accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableRelatedParties $15.44M USD 2 Qtrs
Accrued interest payable, related party IncreaseDecreaseInInterestPayableNet $961.00K USD 2 Qtrs
Accrued interest payable, related party IncreaseDecreaseInInterestPayableNet $961.00K USD 2 Qtrs
Accrued interest payable, related party IncreaseDecreaseInInterestPayableNet - USD 2 Qtrs
Accrued interest payable, related party IncreaseDecreaseInInterestPayableNet - USD 2 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-11.20M USD 2 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-11.20M USD 2 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-44.01M USD 2 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-44.01M USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $47.00K USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $47.00K USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment - USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment - USD 2 Qtrs
Purchases of marketable securities PaymentsToAcquireMarketableSecurities - USD 2 Qtrs
Purchases of marketable securities PaymentsToAcquireMarketableSecurities - USD 2 Qtrs
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $152.29M USD 2 Qtrs
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $152.29M USD 2 Qtrs
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 2 Qtrs
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 2 Qtrs
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $200.06M USD 2 Qtrs
Proceeds from maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $200.06M USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $47.73M USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $47.73M USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities - USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities - USD 2 Qtrs
Proceeds from issuance of Pre-Merger Oruka Series A Preferred Stock, net of issuance costs paid ProceedsFromIssuanceOfConvertiblePreferredStock $2.93M USD 2 Qtrs
Proceeds from issuance of Pre-Merger Oruka Series A Preferred Stock, net of issuance costs paid ProceedsFromIssuanceOfConvertiblePreferredStock $2.93M USD 2 Qtrs
Proceeds from issuance of Pre-Merger Oruka Series A Preferred Stock, net of issuance costs paid ProceedsFromIssuanceOfConvertiblePreferredStock - USD 2 Qtrs
Proceeds from issuance of Pre-Merger Oruka Series A Preferred Stock, net of issuance costs paid ProceedsFromIssuanceOfConvertiblePreferredStock - USD 2 Qtrs
Proceeds from issuance of notes payable to related party, net of issuance costs paid ProceedsFromNotesPayable $24.98M USD 2 Qtrs
Proceeds from issuance of notes payable to related party, net of issuance costs paid ProceedsFromNotesPayable $24.98M USD 2 Qtrs
Proceeds from issuance of notes payable to related party, net of issuance costs paid ProceedsFromNotesPayable - USD 2 Qtrs
Proceeds from issuance of notes payable to related party, net of issuance costs paid ProceedsFromNotesPayable - USD 2 Qtrs
Payment of deferred offering costs PaymentsOfStockIssuanceCosts $1.59M USD 2 Qtrs
Payment of deferred offering costs PaymentsOfStockIssuanceCosts $1.59M USD 2 Qtrs
Payment of deferred offering costs PaymentsOfStockIssuanceCosts - USD 2 Qtrs
Payment of deferred offering costs PaymentsOfStockIssuanceCosts - USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $109.00K USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $109.00K USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $26.32M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $26.32M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $109.00K USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $109.00K USD 2 Qtrs
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $15.12M USD 2 Qtrs
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $15.12M USD 2 Qtrs
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $3.82M USD 2 Qtrs
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $3.82M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $65.40M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $65.40M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.58M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.58M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.12M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.12M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $65.40M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $65.40M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.58M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.58M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.12M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.12M USD Point-in-time
Operating lease liability arising from obtaining operating right-of-use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $982.00K USD 2 Qtrs
Operating lease liability arising from obtaining operating right-of-use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $982.00K USD 2 Qtrs
Operating lease liability arising from obtaining operating right-of-use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.39M USD 2 Qtrs
Operating lease liability arising from obtaining operating right-of-use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.39M USD 2 Qtrs
Deferred offering costs in accrued expenses and other current liabilities DeferredOfferingCostsInAccruedExpensesAndOtherCurrentLiabilities - USD 2 Qtrs
Deferred offering costs in accrued expenses and other current liabilities DeferredOfferingCostsInAccruedExpensesAndOtherCurrentLiabilities - USD 2 Qtrs
Deferred offering costs in accrued expenses and other current liabilities DeferredOfferingCostsInAccruedExpensesAndOtherCurrentLiabilities $726.00K USD 2 Qtrs
Deferred offering costs in accrued expenses and other current liabilities DeferredOfferingCostsInAccruedExpensesAndOtherCurrentLiabilities $726.00K USD 2 Qtrs
Stockholders Equity 54 line items
Line Item Tag Value Unit Period
Issuance costs PaymentsOfStockIssuanceCosts $1.59M USD 2 Qtrs
Issuance costs PaymentsOfStockIssuanceCosts $1.59M USD 2 Qtrs
Issuance costs PaymentsOfStockIssuanceCosts - USD 2 Qtrs
Issuance costs PaymentsOfStockIssuanceCosts - USD 2 Qtrs
Balance StockholdersEquity $-28.98M USD Point-in-time
Balance StockholdersEquity $-28.98M USD Point-in-time
Balance StockholdersEquity $382.22M USD Point-in-time
Balance StockholdersEquity $382.22M USD Point-in-time
Balance StockholdersEquity $-7.06M USD Point-in-time
Balance StockholdersEquity $-7.06M USD Point-in-time
Balance StockholdersEquity $1.00K USD Point-in-time
Balance StockholdersEquity $1.00K USD Point-in-time
Balance StockholdersEquity $364.73M USD Point-in-time
Balance StockholdersEquity $364.73M USD Point-in-time
Balance StockholdersEquity $343.64M USD Point-in-time
Balance StockholdersEquity $343.64M USD Point-in-time
Issuance of common stock under employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $109.00K USD 1 Quarter
Issuance of common stock under employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $109.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 1 Quarter
Issuance of Series A convertible preferred stock, net of issuance costs of $69 StockIssuedDuringPeriodValueOther - USD 1 Quarter
Issuance of Series A convertible preferred stock, net of issuance costs of $69 StockIssuedDuringPeriodValueOther - USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $321.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $321.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.40M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.40M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $17.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $17.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.47M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.47M USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-21.00K USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-21.00K USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $35.00K USD 1 Quarter
Net change in unrealized gains (losses) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $35.00K USD 1 Quarter
Net loss ProfitLoss $-7.08M USD 1 Quarter
Net loss ProfitLoss $-7.08M USD 1 Quarter
Net loss ProfitLoss $-24.57M USD 1 Quarter
Net loss ProfitLoss $-24.57M USD 1 Quarter
Net loss ProfitLoss $-21.00M USD 1 Quarter
Net loss ProfitLoss $-21.00M USD 1 Quarter
Net loss ProfitLoss $-22.24M USD 1 Quarter
Net loss ProfitLoss $-22.24M USD 1 Quarter
Balance StockholdersEquity $-28.98M USD Point-in-time
Balance StockholdersEquity $-28.98M USD Point-in-time
Balance StockholdersEquity $382.22M USD Point-in-time
Balance StockholdersEquity $382.22M USD Point-in-time
Balance StockholdersEquity $-7.06M USD Point-in-time
Balance StockholdersEquity $-7.06M USD Point-in-time
Balance StockholdersEquity $1.00K USD Point-in-time
Balance StockholdersEquity $1.00K USD Point-in-time
Balance StockholdersEquity $364.73M USD Point-in-time
Balance StockholdersEquity $364.73M USD Point-in-time
Balance StockholdersEquity $343.64M USD Point-in-time
Balance StockholdersEquity $343.64M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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