CRVS on Nasdaq
Corvus Pharmaceuticals, Inc.
American pharmaceutical preparations company based in Burlingame.
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 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Research and development | $33.7M | $19.4M | $16.5M |
| General and administrative | $9.3M | $8.2M | $6.9M |
| Total operating expenses | $43.0M | $27.5M | $23.4M |
| Loss from operations | -$43.0M | -$27.5M | -$23.4M |
| Interest income and other expense, net | $2.5M | $1.8M | $1.6M |
| Gain from sale of property and equipment | $5.0K | ||
| Change in fair value of warrant liability | $27.1M | -$33.4M | |
| Loss before equity method investment | -$13.3M | -$59.1M | -$21.7M |
| Loss from equity method investment | -$2.0M | -$3.2M | -$5.3M |
| Net loss | -$15.3M | -$62.3M | -$27.0M |
| Net loss per share, basic | -$0.19 | -$1.02 | -$0.56 |
| Net loss per share, diluted | -$0.53 | -$1.02 | -$0.56 |
| Shares used to compute net loss per share, basic | 79.0M shares | 61.0M shares | 48.0M shares |
| Shares used to compute net loss per share, diluted | 79.7M shares | 61.0M shares | 48.0M shares |
| Unrealized gain (loss) on marketable securities | -$17.0K | $65.0K | $66.0K |
| Cumulative foreign currency translation adjustment | $409.0K | -$386.0K | -$470.0K |
| Comprehensive loss | -$14.9M | -$62.6M | -$27.4M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $4.6M | $8.7M | ||
| Marketable securities | $52.2M | $43.2M | ||
| Accounts receivable | $37.0K | $75.0K | ||
| Prepaid and other current assets | $1.4M | $2.4M | ||
| Total current assets | $58.2M | $54.4M | ||
| Property and equipment, net | $220.0K | $151.0K | ||
| Operating lease right-of-use asset | $839.0K | $1.2M | ||
| Investment in Angel Pharmaceuticals | $11.0M | $12.5M | ||
| Other assets | $855.0K | $632.0K | ||
| Total assets | $71.1M | $68.9M | ||
| Accounts payable | $2.5M | $2.6M | ||
| Operating lease liability | $403.0K | $185.0K | ||
| Accrued and other liabilities | $6.5M | $3.7M | ||
| Warrant liability | $28.9M | |||
| Total current liabilities | $9.4M | $35.4M | ||
| Operating lease liability | $534.0K | $937.0K | ||
| Total liabilities | $9.9M | $36.3M | ||
| Common stock: $0.0001 par value; 290,000,000 shares authorized at December 31, 2025 and December 31, 2024; 74,696,629 and 67,899,779 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $7.0K | $7.0K | ||
| Additional paid-in capital | $474.4M | $430.9M | ||
| Accumulated other comprehensive loss | -$896.0K | -$1.3M | ||
| Accumulated deficit | -$412.3M | -$397.0M | ||
| Total stockholders' equity | $61.2M | $32.6M | $38.7M | $56.1M |
| Total liabilities and stockholders' equity | $71.1M | $68.9M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized | 290.0M shares | 290.0M shares | ||
| Common stock, shares issued | 74.7M shares | 67.9M shares | ||
| Common stock, shares outstanding | 74.7M shares | 67.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $4.6M | $8.7M | ||
| Marketable securities | $52.2M | $43.2M | ||
| Accounts receivable | $37.0K | $75.0K | ||
| Prepaid and other current assets | $1.4M | $2.4M | ||
| Total current assets | $58.2M | $54.4M | ||
| Property and equipment, net | $220.0K | $151.0K | ||
| Operating lease right-of-use asset | $839.0K | $1.2M | ||
| Investment in Angel Pharmaceuticals | $11.0M | $12.5M | ||
| Other assets | $855.0K | $632.0K | ||
| Total assets | $71.1M | $68.9M | ||
| Accounts payable | $2.5M | $2.6M | ||
| Operating lease liability | $403.0K | $185.0K | ||
| Accrued and other liabilities | $6.5M | $3.7M | ||
| Warrant liability | $28.9M | |||
| Total current liabilities | $9.4M | $35.4M | ||
| Operating lease liability | $534.0K | $937.0K | ||
| Total liabilities | $9.9M | $36.3M | ||
| Common stock: $0.0001 par value; 290,000,000 shares authorized at December 31, 2025 and December 31, 2024; 74,696,629 and 67,899,779 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $7.0K | $7.0K | ||
| Additional paid-in capital | $474.4M | $430.9M | ||
| Accumulated other comprehensive loss | -$896.0K | -$1.3M | ||
| Accumulated deficit | -$412.3M | -$397.0M | ||
| Total stockholders' equity | $61.2M | $32.6M | $38.7M | $56.1M |
| Total liabilities and stockholders' equity | $71.1M | $68.9M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized | 290.0M shares | 290.0M shares | ||
| Common stock, shares issued | 74.7M shares | 67.9M shares | ||
| Common stock, shares outstanding | 74.7M shares | 67.9M 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 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$15.3M | -$62.3M | -$27.0M |
| Depreciation and amortization | $105.0K | $85.0K | $151.0K |
| Accretion related to marketable securities | -$1.3M | -$1.1M | -$894.0K |
| Stock-based compensation | $5.3M | $3.0M | $2.1M |
| Gain from sale of property and equipment | -$5.0K | ||
| Change in fair value of warrant liability | -$27.1M | $33.4M | |
| Loss from equity method investment | $2.0M | $3.2M | $5.3M |
| Prepaid and other current assets | $941.0K | -$1.6M | -$8.0K |
| Operating lease right-of-use asset | $338.0K | -$28.0K | $1.1M |
| Other assets | -$223.0K | -$543.0K | $40.0K |
| Accounts payable | -$91.0K | $1.1M | -$451.0K |
| Accrued and other liabilities | $2.8M | -$245.0K | -$3.6M |
| Operating lease liability | -$185.0K | -$252.0K | -$1.2M |
| Net cash used in operating activities | -$32.8M | -$25.4M | -$23.9M |
| Purchases of marketable securities | -$91.8M | -$70.1M | -$47.0M |
| Maturities of marketable securities | $84.1M | $42.6M | $62.6M |
| Purchases of property and equipment | -$174.0K | -$34.0K | |
| Proceeds from sale of property and equipment | $5.0K | ||
| Net cash provided by (used in) investing activities | -$7.8M | -$27.5M | $15.5M |
| Proceeds from issuance of common stock, net (includes $1,794 in aggregate gross proceeds from related parties) | $16.4M | ||
| Proceeds from issuance of common warrants (includes $1,472 in aggregate gross proceeds from related parties) | $8.9M | ||
| Proceeds from the exercise of common stock warrants (includes $4,960 in aggregate gross proceeds from related parties for the year ended December 31, 2025) | $35.7M | $18.6M | |
| Proceeds from issuance of common stock in connection with at-the-market offering, net | $7.8M | ||
| Proceeds from exercise of common stock options | $684.0K | $68.0K | $12.0K |
| Net cash provided by financing activities | $36.4M | $49.0M | $7.9M |
| Net decrease in cash and cash equivalents | -$4.2M | -$3.9M | -$539.0K |
| Reclassification of common stock warrant liability into additional paid-in capital upon exercise of common stock warrants | $1.8M | $13.4M | |
| Right-of-use asset obtained in exchange for operating lease liability | $1.2M | ||
| Proceeds from issuance of pre-funded warrants | $5.0M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Corvus Pharmaceuticals, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerRichard A. Miller Md. Mar 22, 2016 to now11
- PresidentRichard A. Miller Md. Mar 22, 2016 to now11
- Chief financial officerLeiv Lea Mar 22, 2016 to now12
Board members and other officers (17)
- Chief Business OfficerJeffrey Arcara Feb 8, 2024 to now13
- Chief Medical OfficerMehrdad Mobasher Jan 30, 2019 to Dec 17, 202014
- EVP Discovery ResearchJoseph J. Buggy Jan 23, 2018 to Dec 16, 201915
- SVP, Chief Business OfficerDaniel W. Hunt Dec 15, 2017 to Dec 16, 201916
- V.P., Chemistry ResearchErik J. Verner Mar 22, 2016 to Dec 16, 201917
- SVP, Chief Business OfficerJason Coloma V. Jun 10, 2016 to Jun 10, 201618
- Board memberAndrew C. Chan Apr 27, 2026 to now19
- Board memberEdith P. Mitchell Sep 15, 2020 to Dec 8, 202320
- Board memberLinda S. Grais Jan 30, 2019 to now21
- Board memberIan T. Clark Jan 4, 2017 to now22
- Board memberPeter A. Thompson Mar 22, 2016 to now23
- Board memberPeter Moldt Mar 22, 2016 to Mar 22, 201624
- Board memberRichard A. Miller Md. Mar 22, 2016 to now11
- Board memberScott W. Morrison Mar 22, 2016 to now25
- Board memberSteve E. Krognes Mar 22, 2016 to Jun 12, 202026
- Board memberTerry P. Gould Mar 22, 2016 to Jun 17, 202427
- Board memberSamuel D. Isaly May 20, 2016 to Jun 27, 201628
Timeline
Filings
220 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 85 insider forms, 36 large holders, 30 other. The latest 20:
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 6, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Jul 27, 2026SCHEDULE 13G/A EDGAR
- Jul 22, 20268-K EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 12, 20268-K EDGAR
- May 20, 20264 EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G EDGAR
- May 14, 20268-K EDGAR
- May 7, 20268-K EDGAR
- May 7, 2026S-8 EDGAR
- May 7, 202610-Q EDGAR
- Apr 27, 2026SCHEDULE 13G/A EDGAR
- Apr 27, 20264 EDGAR
The 220 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. 36 such filings since October 2021, the latest 10:
- Aug 7, 2026SCHEDULE 13G
- Jul 27, 2026SCHEDULE 13G/A
- May 15, 2026SCHEDULE 13G/A
- May 15, 2026SCHEDULE 13G
- Apr 27, 2026SCHEDULE 13G/A
- Mar 26, 2026SCHEDULE 13G/A
- Feb 13, 2026SCHEDULE 13G/A
- Feb 5, 2026SCHEDULE 13D/A
- Jan 30, 2026SCHEDULE 13G
- Jan 27, 2026SCHEDULE 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
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 |
|---|---|---|---|---|
| Orbimed Advisors LLC | 7,165,006 | $107.0M | 2.0% | No change |
| BlackRock, Inc. | 7,138,811 | $106.7M | 0.0% | +978,389 |
| State Street Corp | 4,474,091 | $66.8M | 0.0% | +908,099 |
| Vanguard Capital Management LLC | 3,292,710 | $49.2M | 0.0% | +58,172 |
| Adams Street Partners LLC | 3,275,616 | $48.9M | 11.1% | No change |
| Vivo Capital, LLC | 2,805,816 | $41.9M | 3.8% | No change |
| Wellington Management Group Llp | 2,731,632 | $40.8M | 0.0% | +413,115 |
| Perceptive Advisors LLC | 2,667,441 | $39.9M | 0.6% | +375,000 |
| Deep Track Capital, LP | 2,491,939 | $37.2M | 0.5% | +400 |
| Braidwell LP | 2,126,298 | $31.8M | 1.2% | +373,500 |
| Geode Capital Management, LLC | 1,853,659 | $27.7M | 0.0% | +140,918 |
| Foresite Capital Management VI LLC | 1,831,233 | $27.4M | 4.3% | No change |
| Goldman Sachs Group Inc | 1,576,352 | $23.6M | 0.0% | +35,543 |
| Hood River Capital Management LLC | 1,571,805 | $23.5M | 0.2% | +236,696 |
| Morgan Stanley | 1,344,736 | $20.1M | 0.0% | −1,154,089 |
| Boxer Capital Management, LLC | 1,100,000 | $16.4M | 1.2% | No change |
| Catalio Capital Management, LP | 1,080,888 | $16.1M | 3.0% | +188,955 |
| Millennium Management LLC | 1,047,985 | $15.7M | 0.0% | +181,623 |
| Vanguard Portfolio Management LLC | 814,750 | $12.2M | 0.0% | +144,855 |
| Two Sigma Investments, LP | 785,208 | $11.7M | 0.0% | +245,339 |
| Bank Of America Corp /de/ | 757,798 | $11.3M | 0.0% | +520,794 |
| Adage Capital Partners Gp, L.l.c. | 750,000 | $11.2M | 0.0% | No change |
| Eversept Partners, LP | 747,994 | $11.2M | 0.6% | New |
| Emerald Advisers, LLC | 685,683 | $10.2M | 0.2% | −533 |
| DCF Advisers, LLC | 637,500 | $9.5M | 2.5% | No change |
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.
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- 12SEC EDGARLeiv Lea, Chief financial officer
- 13
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- 19SEC EDGARAndrew C. Chan, Board member
- 20SEC EDGAREdith P. Mitchell, Board member
- 21SEC EDGARLinda S. Grais, Board member
- 22SEC EDGARIan T. Clark, Board member
- 23SEC EDGARPeter A. Thompson, Board member
- 24SEC EDGARPeter Moldt, Board member
- 25SEC EDGARScott W. Morrison, Board member
- 26SEC EDGARSteve E. Krognes, Board member
- 27SEC EDGARTerry P. Gould, Board member
- 28SEC EDGARSamuel D. Isaly, Board member
- 29