NMRA on Nasdaq
Neumora Therapeutics, Inc.
Biopharmaceutical company.1
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerNMRA on Nasdaq1
- Industrypharmaceutical industry1
- HeadquartersWatertown, Massachusetts1
- Websiteneumoratx.com
- Incorporated inDE3
- Business address260 Arsenal Place, Suite 1, Watertown, Ma 024723
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation
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We are a clinical-stage biopharmaceutical company founded to confront the greatest medical challenges of our generation by bringing forward the next generation of novel therapies with brain-penetrant chemistry that offer improved treatment outcomes and quality of life for patients. Our therapeutic pipeline currently consists of programs that target novel mechanisms of action for a broad range of underserved, prevalent diseases. We are advancing a Phase 3 program for navacaprant, a novel once-daily oral kappa opioid receptor (“KOR”) antagonist that is being developed for the treatment of major depressive disorder (“MDD”), which we believe has the potential to provide significant advantages relative to the standard of care, if approved. We are also advancing NMRA-511, a highly selective, novel antagonist of the vasopressin 1a receptor (“V1aR”) being developed for the treatment of agitation…4 From its latest annual report
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.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Research and development | $176.1M | $200.9M |
| General and administrative | $60.1M | $62.5M |
| Acquired in-process research and development | $5.0M | $0 |
| Total operating expenses | $241.2M | $263.5M |
| Loss from operations | -$241.2M | -$263.5M |
| Interest income | $8.3M | $19.9M |
| Interest expense | -$3.2M | $0 |
| Other expense, net | -$767.0K | -$78.0K |
| Total other income | $4.4M | $19.9M |
| Net loss before income taxes | -$236.8M | -$243.6M |
| Provision for income taxes | $130.0K | $178.0K |
| Net loss | -$236.9M | -$243.8M |
| Unrealized gain (loss) on marketable securities | -$62.0K | $138.0K |
| Comprehensive loss | -$237.0M | -$243.6M |
| Net loss per share, basic | -$1.45 | -$1.53 |
| Net loss per share, diluted | -$1.45 | -$1.53 |
| Weighted-average shares outstanding, basic | 163.4M shares | 159.4M shares |
| Weighted-average shares outstanding, diluted | 163.4M shares | 159.4M shares |
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.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $182.5M | $142.1M | ||
| Restricted cash | $1.2M | |||
| Short-term marketable securities | $165.4M | |||
| Prepaid expenses and other current assets | $8.0M | $5.3M | ||
| Total current assets | $190.5M | $314.1M | ||
| Property and equipment, net | $40.0K | $1.1M | ||
| Operating lease right-of-use assets | $417.0K | $1.8M | ||
| Other assets | $53.0K | |||
| Total assets | $191.0M | $317.0M | ||
| Accounts payable | $3.4M | $3.3M | ||
| Accrued liabilities | $28.8M | $24.6M | ||
| Early exercise liability, current portion | $133.0K | |||
| Operating lease liabilities, current portion | $284.0K | $1.9M | ||
| Total current liabilities | $32.5M | $29.9M | ||
| Long term debt, net | $54.5M | |||
| Operating lease liabilities, noncurrent | $193.0K | |||
| Early exercise liability, net of current portion | $22.0K | |||
| Total liabilities | $87.2M | $29.9M | ||
| Common stock, $0.0001 par value; 700,000 shares authorized as of December 31, 2025 and December 31, 2024; 174,260 and 161,710 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | $17.0K | $16.0K | ||
| Additional paid-in capital | $1.3B | $1.2B | ||
| Accumulated other comprehensive income | $62.0K | |||
| Accumulated deficit | -$1.2B | -$947.2M | ||
| Total stockholders' equity | $103.9M | $287.1M | $469.1M | |
| Total liabilities and stockholders' equity | $191.0M | $317.0M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 50.0M shares | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock shares authorized | 700.0M shares | 700.0M shares | ||
| Common stock, shares issued | 174.3M shares | 161.7M shares | ||
| Common stock, shares outstanding | 174.3M shares | 161.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $182.5M | $142.1M | ||
| Restricted cash | $1.2M | |||
| Short-term marketable securities | $165.4M | |||
| Prepaid expenses and other current assets | $8.0M | $5.3M | ||
| Total current assets | $190.5M | $314.1M | ||
| Property and equipment, net | $40.0K | $1.1M | ||
| Operating lease right-of-use assets | $417.0K | $1.8M | ||
| Other assets | $53.0K | |||
| Total assets | $191.0M | $317.0M | ||
| Accounts payable | $3.4M | $3.3M | ||
| Accrued liabilities | $28.8M | $24.6M | ||
| Early exercise liability, current portion | $133.0K | |||
| Operating lease liabilities, current portion | $284.0K | $1.9M | ||
| Total current liabilities | $32.5M | $29.9M | ||
| Long term debt, net | $54.5M | |||
| Operating lease liabilities, noncurrent | $193.0K | |||
| Early exercise liability, net of current portion | $22.0K | |||
| Total liabilities | $87.2M | $29.9M | ||
| Common stock, $0.0001 par value; 700,000 shares authorized as of December 31, 2025 and December 31, 2024; 174,260 and 161,710 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | $17.0K | $16.0K | ||
| Additional paid-in capital | $1.3B | $1.2B | ||
| Accumulated other comprehensive income | $62.0K | |||
| Accumulated deficit | -$1.2B | -$947.2M | ||
| Total stockholders' equity | $103.9M | $287.1M | $469.1M | |
| Total liabilities and stockholders' equity | $191.0M | $317.0M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 50.0M shares | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock shares authorized | 700.0M shares | 700.0M shares | ||
| Common stock, shares issued | 174.3M shares | 161.7M shares | ||
| Common stock, shares outstanding | 174.3M shares | 161.7M 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.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$236.9M | -$243.8M |
| Stock-based compensation | $29.9M | $40.0M |
| Non-cash operating lease expense | $1.9M | $3.3M |
| Depreciation and amortization | $208.0K | $631.0K |
| Net accretion of investments in marketable securities | -$2.9M | -$5.7M |
| Impairment of held for sale assets | $595.0K | $0 |
| Loss on disposal of property and equipment | $47.0K | $0 |
| Amortization of debt issuance costs and accretion of final payment fee | $492.0K | $0 |
| Amortization and write-off of deferred debt issuance costs | $717.0K | $0 |
| Other noncash expenses | $32.0K | $23.0K |
| Prepaid expenses and other current assets | -$2.8M | $15.9M |
| Accounts payable | $71.0K | $2.9M |
| Accrued liabilities | $4.2M | $7.2M |
| Operating lease liabilities | -$1.9M | -$3.4M |
| Other assets | -$53.0K | $0 |
| Net cash used in operating activities | -$206.4M | -$182.9M |
| Purchases of marketable securities | -$82.9M | -$312.2M |
| Cash paid for acquisition of assets | $0 | -$775.0K |
| Proceeds from maturities of marketable securities | $251.2M | $242.4M |
| Proceeds from sale of property and equipment | $218.0K | $0 |
| Net cash provided by (used in) investing activities | $168.5M | -$70.6M |
| Proceeds from term loan, net | $57.2M | $0 |
| Proceeds from exercise of stock options | $0 | $7.5M |
| Proceeds from employee stock purchase plan purchases | $275.0K | $427.0K |
| Proceeds from issuance of common stock in at-the-market transactions, net of commissions and offering costs | $19.7M | $13.7M |
| Net cash provided by financing activities | $77.1M | $21.6M |
| Net change in cash and cash equivalents and restricted cash | $39.2M | -$231.9M |
| Cash paid for interest | $1.5M | $0 |
| Cash paid for income taxes | $323.0K | $473.0K |
| Principal amount of debt extinguished upon conversion to common stock | $4.0M | $0 |
| Debt issuance costs reclassified to equity in connection with conversion | $112.0K | $0 |
| Right-of-use-asset in connection with new operating lease agreement | $532.0K | $0 |
| Operating lease liability in connection with new lease agreement | $505.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Neumora Therapeutics, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJoshua Pinto Aug 21, 2026 to now10
- Chief executive officerHenry O. Gosebruch Sep 14, 2023 to Feb 16, 202411
- PresidentJoshua Pinto Feb 18, 2025 to now12
- PresidentHenry O. Gosebruch Sep 14, 2023 to Feb 16, 202411
- Chief financial officerJoshua Pinto Sep 14, 2023 to Aug 27, 202413
- Chief operating officerCarol Y. Suh Sep 14, 2023 to Feb 16, 202414
Board members and other officers (13)
- OfficerJason Duncan Feb 18, 2025 to now15
- OfficerPaul L. Berns Feb 18, 2025 to now16
- Chief Strategy OfficerDaljit Singh Aurora Sep 14, 2023 to now17
- Head of R&DRobert A. Lenz Sep 14, 2023 to now18
- OfficerMichael Lee Milligan Sep 18, 2023 to now19
- Board memberJoshua Pinto Aug 21, 2026 to now10
- Board memberAlaa Halawa Sep 14, 2023 to now20
- Board memberDavid Piacquad Sep 14, 2023 to now21
- Board memberHenry O. Gosebruch Sep 14, 2023 to Feb 16, 202411
- Board memberKristina Burow Sep 14, 2023 to now22
- Board memberMaykin Ho Sep 14, 2023 to now23
- Board memberPaul L. Berns Sep 14, 2023 to now24
- General counselJason Duncan Dec 12, 2023 to Dec 12, 202325
Named in SEC Form D filings
People the company listed in its private-offering notices.
Timeline
Filings
257 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 33 major events, 118 insider forms, 18 large holders, 1 private raises, 75 other. The latest 20:
- Aug 21, 2026144 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 20, 2026144 EDGAR
- Aug 19, 2026144 EDGAR
- Aug 19, 20264 EDGAR
- Aug 18, 2026144 EDGAR
- Aug 17, 2026144 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 14, 20268-K EDGAR
- Jul 27, 20268-K EDGAR
- Jun 15, 20268-K EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
The 257 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
62 open-market trades by officers, directors and large owners since October 2021: 36 buys and 26 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | Aurora Daljit SinghSee Remarks | Sale | 41,608 | $1.60 | $66.4K | Form 4 |
| Aug 20, 2026 | Aurora Daljit SinghSee Remarks | Sale | 134,452 | $1.51 | $203.0K | Form 4 |
| Aug 19, 2026 | Aurora Daljit SinghSee Remarks | Sale | 61,918 | $1.65 | $102.2K | Form 4 |
| Aug 18, 2026 | Aurora Daljit SinghSee Remarks | Sale | 69,149 | $1.59 | $109.6K | Form 4 |
| Aug 17, 2026 | Aurora Daljit SinghSee Remarks | Sale | 146,706 | $1.50 | $220.3K | Form 4 |
| Feb 17, 2026 | Aurora Daljit SinghSee Remarks | Sale | 6,165 | $3.56 | $21.9K | Form 4 |
| Feb 17, 2026 | Pinto JoshuaPresident & CEO | Sale | 5,967 | $3.54 | $21.1K | Form 4 |
| Feb 17, 2026 | BERNS PAUL LSee Remarks | Sale | 9,819 | $3.51 | $34.5K | Form 4 |
| Feb 17, 2026 | Milligan Michael LeeSee Remarks | Sale | 1,436 | $3.57 | $5.1K | Form 4 |
| Nov 11, 2025 | Aurora Daljit SinghSee Remarks | Sale | 114,703 | $2.68 | $307.4K | Form 4 |
| Oct 27, 2025 | Burow KristinaDirector | Buy | 1,915,700 | $2.61 | $5.0M | Form 4 |
| Oct 27, 2025 | ARCH Venture Partners XII, LLC10% owner | Buy | 1,915,700 | $2.61 | $5.0M | Form 4 |
| Oct 27, 2025 | ARCH Venture Partners VIII, LLC10% owner | Buy | 1,915,700 | $2.61 | $5.0M | Form 4 |
| Feb 18, 2025 | BERNS PAUL LSee Remarks | Sale | 13,871 | $1.69 | $23.4K | Form 4 |
| Feb 18, 2025 | Milligan Michael LeeSee Remarks | Sale | 1,978 | $1.69 | $3.3K | Form 4 |
| Feb 18, 2025 | Aurora Daljit SinghSee Remarks | Sale | 8,565 | $1.68 | $14.4K | Form 4 |
| Feb 18, 2025 | Lenz Robert A.Head of R&D | Sale | 5,614 | $1.67 | $9.4K | Form 4 |
| Feb 18, 2025 | Pinto JoshuaPresident & CEO | Sale | 8,048 | $1.67 | $13.4K | Form 4 |
| Oct 18, 2024 | Fust Matthew KDirector | Sale | 14,049 | $17.03 | $239.3K | Form 4 |
| Oct 17, 2024 | Fust Matthew KDirector | Sale | 7,739 | $17.01 | $131.6K | Form 4 |
All 62 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- K2 HealthVentures Equity Trust LLCSCHEDULE 13G/A, 3 filings Aug 11, 2025 to May 15, 202627
- Invus Global Management, LLCSCHEDULE 13G/A, 2 filings Feb 19, 2026 to May 4, 202628
- ARCH Venture Fund XII, L.P.SCHEDULE 13D/A, 5 filings Oct 2, 2023 to Apr 1, 202629
- FMR LLCSCHEDULE 13G/A, 3 filings Jul 8, 2024 to May 12, 202530
- Paul L. BernsSCHEDULE 13G/A, 2 filings Feb 14, 2024 to Feb 13, 202531
- SOFTBANK GROUP CORP.SC 13G, 2 filings Feb 13, 2024 to Nov 12, 202432
Money raised
Private offerings the company reported to the SEC on Form D.
- Sep 8, 2020Raised $474.4 million in a private offering of equity Form D: 124 investors so far 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 |
|---|---|---|---|---|
| Siren, L.L.C. | 8,497,822 | $14.4M | 0.3% | No change |
| BlackRock, Inc. | 7,791,869 | $13.2M | 0.0% | +5,737,553 |
| Softbank Group Corp. | 6,090,301 | $10.4M | 0.1% | No change |
| Vanguard Capital Management LLC | 4,669,585 | $7.9M | 0.0% | +777,692 |
| MIC Capital Management UK LLP | 4,460,700 | $7.6M | 1.9% | No change |
| Fmr LLC | 3,498,869 | $5.9M | 0.0% | +211 |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST | 3,309,123 | $5.6M | 0.1% | No change |
| Geode Capital Management, LLC | 2,607,289 | $4.4M | 0.0% | +1,520,424 |
| ICONIQ Capital, LLC | 2,559,090 | $4.4M | 0.1% | No change |
| Two Sigma Investments, LP | 2,244,829 | $3.8M | 0.0% | +208,137 |
| Orbimed Advisors LLC | 2,139,882 | $3.6M | 0.1% | New |
| Lunate Capital Ltd | 2,124,143 | $3.6M | 1.8% | No change |
| Boxer Capital Management, LLC | 2,000,000 | $3.4M | 0.3% | New |
| Johnson & Johnson | 1,849,445 | $3.1M | 0.4% | No change |
| State Street Corp | 1,582,119 | $2.7M | 0.0% | +1,183,400 |
| Tudor Investment Corp Et Al | 1,356,147 | $2.3M | 0.0% | +584,729 |
| Ikarian Capital, LLC | 1,278,408 | $2.2M | 0.4% | No change |
| Renaissance Technologies LLC | 1,262,304 | $2.1M | 0.0% | −126,694 |
| Affinity Asset Advisors, LLC | 1,070,651 | $1.8M | 0.1% | New |
| Marshall Wace, Llp | 904,458 | $1.5M | 0.0% | −290,852 |
| Vanguard Portfolio Management LLC | 894,791 | $1.5M | 0.0% | +709,955 |
| Citadel Advisors LLC | 828,933 | $1.4M | 0.0% | +485,347 |
| Charles Schwab Investment Management Inc | 823,583 | $1.4M | 0.0% | +307,401 |
| Northern Trust Corp | 800,571 | $1.4M | 0.0% | +603,690 |
| Ensign Peak Advisors, Inc | 784,679 | $1.3M | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websiteneumoratx.com1
- X (Twitter)x.com/NeumoraTx1
- LinkedInwww.linkedin.com/company/neumora1
- WikidataQ124039716
- SEC EDGARCIK 1885522
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARJoshua Pinto, President
- 13
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- 15SEC EDGARJason Duncan, Officer
- 16SEC EDGARPaul L. Berns, Officer
- 17
- 18SEC EDGARRobert A. Lenz, Head of R&D
- 19SEC EDGARMichael Lee Milligan, Officer
- 20SEC EDGARAlaa Halawa, Board member
- 21SEC EDGARDavid Piacquad, Board member
- 22SEC EDGARKristina Burow, Board member
- 23SEC EDGARMaykin Ho, Board member
- 24SEC EDGARPaul L. Berns, Board member
- 25SEC EDGARJason Duncan, General counsel
- 26
- 27
- 28
- 29
- 30
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