CLYM on Nasdaq
Climb Bio, Inc.
American pharmaceutical preparations company based in Wellesley Hills.
Price unavailable
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Acquired in-process research and development, related party | $0 | $51.7M |
| Research and development expense | $46.7M | $14.3M |
| General and administrative | $21.2M | $16.0M |
| Total operating expenses | $67.9M | $82.0M |
| Total loss from operations | -$67.9M | -$82.0M |
| Foreign currency loss | -$291.0K | -$9.0K |
| Interest income | $8.3M | $8.1M |
| Total other income (expense) | $8.0M | $8.1M |
| Net loss per share, diluted | -$0.88 | -$1.53 |
| Net loss per share, basic | -$0.88 | -$1.53 |
| Weighted-average number of shares used to compute net loss per share, diluted | 67.8M shares | 48.2M shares |
| Weighted-average number of shares used to compute net loss per share, basic | 67.8M shares | 48.2M shares |
| Net Income (Loss) | -$59.9M | -$73.9M |
| Unrealized gain on marketable securities | $412.0K | $25.0K |
| Comprehensive loss | -$59.4M | -$73.9M |
| Income tax | $0 | $0 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $35.7M | $87.2M | |
| Short-term marketable securities | $65.4M | $63.7M | |
| Prepaid expenses and other current assets | $4.8M | $4.0M | |
| Total current assets | $105.8M | $154.9M | |
| Long-term marketable securities | $59.6M | $61.6M | |
| Operating lease right-of-use assets | $505.0K | $490.0K | |
| Property and equipment, net | $288.0K | $199.0K | |
| Other long-term assets | $1.5M | $16.0K | |
| Total assets | $167.7M | $217.2M | |
| Accounts payable | $2.3M | $705.0K | |
| Accrued expenses and other current liabilities | $4.5M | $4.1M | |
| Operating lease liabilities | $256.0K | $157.0K | |
| Total current liabilities | $7.0M | $4.9M | |
| Operating lease liabilities, net of current portion | $285.0K | $375.0K | |
| Total liabilities | $7.3M | $5.3M | |
| Common stock, $0.0001 par value; 250,000,000 shares authorized; 47,766,338 and 67,255,434 shares issued and outstanding at December 31, 2025 and 2024, respectively | $5.0K | $7.0K | |
| Additional paid-in capital | $449.8M | $441.7M | |
| Accumulated other comprehensive income | $435.0K | $23.0K | |
| Accumulated deficit | -$289.7M | -$229.9M | |
| Total stockholders' equity | $160.5M | $211.9M | $107.6M |
| Total liabilities and stockholders' equity | $167.7M | $217.2M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 250.0M shares | 250.0M shares | |
| Common stock, shares issued | 47.8M shares | 67.3M shares | |
| Common stock, shares outstanding | 47.8M shares | 67.3M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $35.7M | $87.2M | |
| Short-term marketable securities | $65.4M | $63.7M | |
| Prepaid expenses and other current assets | $4.8M | $4.0M | |
| Total current assets | $105.8M | $154.9M | |
| Long-term marketable securities | $59.6M | $61.6M | |
| Operating lease right-of-use assets | $505.0K | $490.0K | |
| Property and equipment, net | $288.0K | $199.0K | |
| Other long-term assets | $1.5M | $16.0K | |
| Total assets | $167.7M | $217.2M | |
| Accounts payable | $2.3M | $705.0K | |
| Accrued expenses and other current liabilities | $4.5M | $4.1M | |
| Operating lease liabilities | $256.0K | $157.0K | |
| Total current liabilities | $7.0M | $4.9M | |
| Operating lease liabilities, net of current portion | $285.0K | $375.0K | |
| Total liabilities | $7.3M | $5.3M | |
| Common stock, $0.0001 par value; 250,000,000 shares authorized; 47,766,338 and 67,255,434 shares issued and outstanding at December 31, 2025 and 2024, respectively | $5.0K | $7.0K | |
| Additional paid-in capital | $449.8M | $441.7M | |
| Accumulated other comprehensive income | $435.0K | $23.0K | |
| Accumulated deficit | -$289.7M | -$229.9M | |
| Total stockholders' equity | $160.5M | $211.9M | $107.6M |
| Total liabilities and stockholders' equity | $167.7M | $217.2M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 250.0M shares | 250.0M shares | |
| Common stock, shares issued | 47.8M shares | 67.3M shares | |
| Common stock, shares outstanding | 47.8M shares | 67.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$59.9M | -$73.9M |
| Stock-based compensation expense | $8.1M | $5.6M |
| Non-cash operating lease expense | $201.0K | $220.0K |
| Accretion of discounts on marketable securities, net | -$2.3M | -$757.0K |
| Depreciation and amortization expense | $97.0K | $0 |
| In-process research and development, related party | $0 | $51.7M |
| Unrealized foreign currency transaction (gain) loss | $18.0K | -$42.0K |
| Prepaid expenses and other current assets | -$816.0K | $1.9M |
| Other long-term assets | -$1.5M | -$200.0K |
| Accounts payable | $1.6M | -$963.0K |
| Accounts payable and accrued liabilities, related party | $0 | -$177.0K |
| Accrued expenses and other current liabilities | $372.0K | $1.4M |
| Operating lease liabilities | -$207.0K | -$327.0K |
| Long-term liabilities | $0 | -$22.0K |
| Net cash used in operating activities | -$54.4M | -$15.6M |
| Purchases of property and equipment | -$186.0K | $0 |
| Purchase of marketable securities | -$108.1M | -$132.2M |
| Maturities of marketable securities | $111.1M | $20.8M |
| Issuance of promissory loan in connection with asset acquisition | $0 | -$5.0M |
| Cash paid in connection with asset acquisition, net of cash received | $0 | -$4.6M |
| Net cash provided by (used in) investing activities | $2.8M | -$121.1M |
| Proceeds from exercise of stock options | $65.0K | $11.0M |
| Pre-funded warrant issuance costs | -$86.0K | $0 |
| Proceeds from issuance of common stock in private placement, net of issuance costs | $0 | $119.8M |
| Net cash provided by (used in) financing activities | -$21.0K | $130.7M |
| Effect of exchange rate changes on cash and cash equivalents | $0 | $42.0K |
| Net change in cash and cash equivalents | -$51.5M | -$5.9M |
| Issuance of common stock in exchange for in-process research and development | $0 | $41.9M |
| Settlement of promissory loan in connection with asset acquisition | $0 | $5.0M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Climb Bio, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerAoife Brennan Jun 27, 2024 to now10
- Chief executive officerRobert Azelby Aug 9, 2021 to Nov 2, 202211
- ChairAndrew David Levin May 22, 2023 to Jun 28, 202412
- PresidentAoife Brennan Jun 27, 2024 to now10
- PresidentRobert Azelby Jan 31, 2022 to Nov 2, 202213
- Chief financial officerSusan Altschuller Oct 1, 2025 to now14
- Chief financial officerErin Lavelle Aug 9, 2021 to Nov 2, 202215
- Chief operating officerBrett Kaplan Aug 26, 2024 to Jan 15, 202516
- Chief operating officerErin Lavelle Aug 9, 2021 to Nov 2, 202215
Board members and other officers (19)
- Senior Vice President, FinanceCindy Driscoll Jun 20, 2025 to now17
- Chief Business OfficerPerrin Megan Wilson Jun 23, 2025 to now18
- Chief Accounting OfficerEmily Pimblett Mar 21, 2023 to now19
- Chief Scientific OfficerValerie Morisset Aug 9, 2021 to Jul 23, 202420
- Board memberBreanna Maurine Celebi Jul 1, 2026 to now21
- Board memberAlexander Cumbo Apr 1, 2025 to now22
- Board memberKimberlee C. Drapkin Apr 1, 2025 to now23
- Board memberAoife Brennan Jun 27, 2024 to now10
- Board memberStephen Basil Thomas Jun 27, 2024 to now24
- Board memberDouglas E. Williams Nov 12, 2024 to now25
- Board memberAdam Joseph Rosenberg Aug 9, 2021 to Jun 28, 202426
- Board memberAndrew David Levin Aug 9, 2021 to now27
- Board memberLeone D. Patterson Aug 9, 2021 to Jun 1, 202228
- Board memberLiam Ratcliffe Aug 9, 2021 to Jun 28, 202429
- Board memberPeter Kolchinsky Aug 9, 2021 to now30
- Board memberRajeev M. Shah Aug 9, 2021 to now30
- Board memberRobert Azelby Aug 9, 2021 to Nov 2, 202211
- Board memberSimon Tate Aug 9, 2021 to Jun 28, 202431
- General counselJames B. Bucher Aug 9, 2021 to Nov 2, 202232
Former names
- Eliem Therapeutics, Inc.Feb 19, 2019 to Sep 20, 20242
Timeline
Filings
260 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 60 major events, 100 insider forms, 32 large holders, 3 private raises, 44 other. The latest 20:
- Sep 30, 20264 EDGAR
- Sep 17, 20264 EDGAR
- Sep 15, 2026144 EDGAR
- Sep 3, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 8, 2026SCHEDULE 13G EDGAR
- Jul 7, 2026SCHEDULE 13D/A EDGAR
- Jul 1, 20264 EDGAR
- Jul 1, 20264 EDGAR
- Jul 1, 20263 EDGAR
- Jul 1, 20268-K EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 2026144 EDGAR
- Jun 12, 20268-K EDGAR
- Jun 12, 2026424B5 EDGAR
- Jun 11, 20268-K EDGAR
- Jun 9, 2026EFFECT EDGAR
The 260 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 32 such filings since October 2021, the latest 10:
- Aug 14, 2026SCHEDULE 13G/A
- Jul 8, 2026SCHEDULE 13G
- Jul 7, 2026SCHEDULE 13D/A
- Apr 29, 2026SCHEDULE 13D/A
- Feb 17, 2026SCHEDULE 13G
- Dec 15, 2025SCHEDULE 13D/A
- Oct 16, 2025SCHEDULE 13D/A
- Oct 7, 2025SCHEDULE 13D/A
- Sep 18, 2025SCHEDULE 13G
- Feb 13, 2025SCHEDULE 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ra Capital Management, L.P. | 11,300,939 | $147.4M | 1.3% | No change |
| Fmr LLC | 6,790,364 | $88.5M | 0.0% | +6,783,967 |
| UBS Group AG | 3,404,866 | $44.4M | 0.0% | +3,318,921 |
| Braidwell LP | 2,797,375 | $36.5M | 1.4% | +1,267,700 |
| Adage Capital Partners Gp, L.l.c. | 2,506,000 | $32.7M | 0.0% | New |
| BlackRock, Inc. | 2,354,872 | $30.7M | 0.0% | +1,953,223 |
| Cormorant Asset Management, LP | 2,106,000 | $27.5M | 1.4% | New |
| Frontier Capital Management Co LLC | 1,939,019 | $25.3M | 0.2% | New |
| Vanguard Capital Management LLC | 1,698,654 | $22.2M | 0.0% | +519,995 |
| Woodline Partners LP | 1,582,291 | $20.6M | 0.1% | New |
| Citadel Advisors LLC | 1,297,972 | $16.9M | 0.0% | +952,309 |
| Redmile Group, LLC | 1,226,330 | $16.0M | 1.1% | New |
| Great Point Partners LLC | 1,000,000 | $13.0M | 3.1% | −334,130 |
| Affinity Asset Advisors, LLC | 972,000 | $12.7M | 0.6% | +272,000 |
| Millennium Management LLC | 908,198 | $11.8M | 0.0% | −368,062 |
| ADAR1 Capital Management, LLC | 822,649 | $10.7M | 0.5% | +224,987 |
| Driehaus Capital Management LLC | 790,000 | $10.3M | 0.1% | +189,054 |
| Geode Capital Management, LLC | 782,199 | $10.2M | 0.0% | +469,200 |
| Stempoint Capital LP | 742,745 | $9.7M | 1.7% | New |
| State Street Corp | 686,772 | $9.0M | 0.0% | +554,772 |
| Ameriprise Financial Inc | 657,971 | $8.6M | 0.0% | New |
| Parkman Healthcare Partners LLC | 563,484 | $7.3M | 0.8% | New |
| Superstring Capital Management LP | 521,082 | $6.8M | 4.3% | +321,873 |
| Sphera Funds Management Ltd. | 483,747 | $6.3M | 0.9% | +64,500 |
| Invesco Ltd. | 373,445 | $4.9M | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARClimb Bio, Inc. filings on SEC EDGAR
- 2SEC EDGARClimb Bio, Inc. filings on SEC EDGAR
- 3SEC EDGARClimb Bio, Inc. 10-K for fiscal 2020
- 4SEC EDGARClimb Bio, Inc. 10-K for fiscal 2021
- 5SEC EDGARClimb Bio, Inc. 10-K for fiscal 2022
- 6SEC EDGARClimb Bio, Inc. 10-K for fiscal 2023
- 7SEC EDGARClimb Bio, Inc. 10-K for fiscal 2024
- 8SEC EDGARClimb Bio, Inc. 10-Q for fiscal 2026
- 9SEC EDGARClimb Bio, Inc. 10-Q for fiscal 2026
- 10
- 11
- 12SEC EDGARAndrew David Levin, Chair
- 13SEC EDGARRobert Azelby, President
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARBreanna Maurine Celebi, Board member
- 22SEC EDGARAlexander Cumbo, Board member
- 23SEC EDGARKimberlee C. Drapkin, Board member
- 24SEC EDGARStephen Basil Thomas, Board member
- 25SEC EDGARDouglas E. Williams, Board member
- 26SEC EDGARAdam Joseph Rosenberg, Board member
- 27SEC EDGARAndrew David Levin, Board member
- 28SEC EDGARLeone D. Patterson, Board member
- 29SEC EDGARLiam Ratcliffe, Board member
- 30SEC EDGARPeter Kolchinsky, Board member
- 31SEC EDGARSimon Tate, Board member
- 32SEC EDGARJames B. Bucher, General counsel