Microcap Ledger

Tickers · $FDMT

4D Molecular Therapeutics, Inc. $FDMT

By Microcap Ledger desk · CIK 0001650648

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Select Market
Sector
Biological Products, (No Diagnostic Substances)
Headquarters
Emeryville, CA
Fiscal year end
December 31
Shares outstanding
49,778,127 [10-K 2024-02-29]
as of 2024-02-23

Sources: [10-K 2026-03-18]

What the company doesAI summary of filing

4D Molecular Therapeutics, Inc. is a clinical-stage biotechnology company developing genetic medicines using customized adeno-associated virus (AAV) vectors created through its proprietary Therapeutic Vector Evolution platform. The company's product candidates are designed to treat retinal diseases and cystic fibrosis lung disease by delivering therapeutic genes via intravitreal injection or aerosol delivery. Its lead program, 4D-150, is in Phase 3 development for wet age-related macular degeneration and diabetic macular edema, with interim clinical data showing sustained visual acuity and reduced treatment burden compared to standard anti-VEGF therapy. The company is pre-revenue and generates no product sales, instead funding operations through capital raises and research collaborations, including partnerships with the Cystic Fibrosis Foundation and Otsuka Pharmaceutical. [10-K 2026-03-18]

Segments: 4D-150 (wet AMD and DME), 4D-175 (geographic atrophy), 4D-710 (cystic fibrosis lung disease), 4D-725 (alpha-1 antitrypsin deficiency)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$6.83M−$141.70M −$138.12M$70.37M[10-Q 2026-08-13]
FY ended Dec 2025$85.21M−$140.11M −$109.08M$60.24M[10-K 2026-03-18]
FY ended Dec 2024$37.0K−$160.87M −$134.59M$149.34M[10-K 2026-03-18]
Quarterly cash burn
−$69.06M
Cash runway Estimate
~3.1 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2023-11-0242,753,607[10-Q 2023-11-09]
2024-02-2349,778,127[10-K 2024-02-29]
Shelf registration
S-3 filed 2026-05-07; declared effective 2026-05-13 [S-3 2026-05-07]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-10-05Kirn Davidsell58,061$12.92[4 2026-10-07]
2026-10-05Kirn Davidsell272$13.61[4 2026-10-07]
2026-09-16Bizily Scottexercise1,635$4.14[4 2026-09-22]
2026-09-16Bizily Scottsell1,635$13.65[4 2026-09-22]
2026-09-14Kirn Davidsell58,333$13.90[4 2026-09-16]
2026-09-01Bizily Scottexercise584$6.49[4 2026-09-03]
2026-09-01Bizily Scottsell584$14.00[4 2026-09-03]
2026-08-19Kirn Davidexercise50,000$4.14[4 2026-08-21]
2026-08-19Kirn Davidsell43,149$15.36[4 2026-08-21]
2026-08-19Kirn Davidsell25,927$16.42[4 2026-08-21]
2026-08-17Bizily Scottexercise1,635$4.14[4 2026-08-17]
2026-08-17Bizily Scottsell1,635$12.20[4 2026-08-17]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.