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Corvus Pharmaceuticals CRVS Fair Value Adjustment Of Warrants

Fair Value Adjustment Of Warrants at other companies

Vor Biopharma logo
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$188.36M
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$295.41M+65,840%
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Candel Therapeutics, Inc.CADL
-$7.64M+48.6%

Other financials

Income statement

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Operating income-$14.9M-49.9%
Net income-$13.7M-190%
EPS (diluted)-$0.15-15.4%

Balance sheet

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Cash & equivalents$40.1M+702%
Total debt$834.0K-27.7%
Total equity$240.7M+388%
Total assets$253.2M+326%

Cash flow

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Operating cash flow-$10.4M-25.5%
CapEx$91.0K+153%
Free cash flow-$10.5M-26.1%

Valuation

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Market cap$1.1B+259%
Enterprise value$1.06B+251%

Returns & leverage

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Return on equity-30.5%-12.5pp
Debt / equity0.0×
Current ratio19.8×+14.9×

Where this comes from

Reported directly by Corvus Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The official record: Corvus Pharmaceuticals’s 10-Q, filed August 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corvus Pharmaceuticals's fair value adjustment of warrants?
Corvus Pharmaceuticals (CRVS) reported fair value adjustment of warrants of -$2.01M in Q2 2025.
How has Corvus Pharmaceuticals's fair value adjustment of warrants changed year-over-year?
Corvus Pharmaceuticals's fair value adjustment of warrants decreased by 10.8% year-over-year, from -$1.82M to -$2.01M.
What does fair value adjustment of warrants mean?
This reflects the non-cash gain or loss recognized due to changes in the fair value of outstanding warrant liabilities that are classified as financial instruments. Because these warrants are marked-to-market, fluctuations in the company's stock price or volatility assumptions directly impact the reported net income. It is a critical adjustment for investors to isolate operational performance from accounting volatility related to derivative instruments.