Camp4 Therapeutics Corp 2025年季度报告

FORM10-Q__________________________________________________________________ (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedSeptember30, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ___________ to___________Commission File Number:001-42365__________________________________________________________________ CAMP4 Therapeutics Corporation (Exact name of registrant as specified in its charter)__________________________________________________________________ 81-1152476(I.R.S. EmployerIdentification Number) (State or other jurisdiction ofincorporation or organization) One Kendall SquareBuilding 1400 West, 3FloorCambridge,Massachusetts02139(Address of Principal Executive Offices)rd (617)651-8867(Registrant’s telephone number)__________________________________________________________________ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of theExchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: TABLE OF CONTENTS Part IFinancial InformationItem 1.Financial Statements (Unaudited)5Unaudited Condensed Consolidated Balance Sheets as ofSeptember30, 2025 and December 31,20245Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the threeandninemonths endedSeptember30, 2025 and 20246Unaudited Condensed Consolidated Statements of Changes in Convertible Preferred Stock andStockholders’ Equity (Deficit) for the three andninemonths endedSeptember30, 2025 and 20247Unaudited Condensed Consolidated Statements of Cash Flows for theninemonths endedSeptember30, 2025 and 20248Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures about Market Risk33Item 4.Controls and Procedures33Part IIOther Information34Item 1.Legal Proceedings34Item 1A.Risk Factors34Item 2.Unregistered Sales of Equity Securities and Use of Proceeds39Item 3.Defaults Upon Senior Securities39Item 4.Mine Safety Disclosures39Item 5.Other Information39Item 6.Exhibits39Exhibit Index40Signatures411 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INDUSTRY DATA This Quarterly Report on Form 10-Q (“Quarterly Report”) contains forward-looking statements that involve substantial risksand uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. All statementsother than statements of historical fact contained in this Quarterly Report, including statements regarding our strategy, futureoperations, future financial position, prospects, plans, objectives of management and expected growth, are forward-looking statements.These statements are based on our current beliefs, expectations and assumptions regarding our intentions, beliefs or currentexpectations concerning, among other things, the future of our business, future plans and strategies, our operational results and otherfuture conditions. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that maycause our actual results, performance or achievements to be materially different from any future results, performance or achievementsexpressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,”“anticipate,” “could,” “intend,” “target,” “proj