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Tango Therapeutics TNGX Revaluation Of Right Of Use Asset And Lease Liability Upon Lease Modification

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Other financials

Income statement

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Revenue--100%
Operating income-$48.8M-14.7%
Net income-$45.5M-14.1%
EPS (diluted)-$0.32+11.1%

Balance sheet

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Cash & equivalents$160.0M+162%
Total debt$32.8M-11.3%
Total equity$391.5M+135%
Total assets$435.8M+58.9%

Cash flow

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Operating cash flow-$44.4M-6.4%
CapEx-$2.0K-104%
Free cash flow-$44.4M-6.3%

Valuation

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Market cap$4.55B+1,915%

Profitability

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Operating margin-206.2%-61.0pp
Net margin-188.2%-55.4pp
FCF margin-250.1%-49.4pp

Returns & leverage

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Return on equity-38.4%-10.5pp
Debt / equity0.1×-0.1×
Current ratio27.4×+21.1×

Where this comes from

Reported directly by Tango Therapeutics in its filing.

Tagged under the XBRL concept tngx:RevaluationOfRightOfUseAssetAndLeaseLiabilityUponLeaseModification.

The official record: Tango Therapeutics’s 10-Q, filed August 5, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tango Therapeutics's revaluation of right of use asset and lease liability upon lease modification?
Tango Therapeutics (TNGX) reported revaluation of right of use asset and lease liability upon lease modification of $1.12M in Q2 2025.
What is the long-term trend for Tango Therapeutics's revaluation of right of use asset and lease liability upon lease modification?
Over 2 years (2021 to 2023), Tango Therapeutics's revaluation of right of use asset and lease liability upon lease modification has grown at a -79.3% compound annual growth rate (CAGR), from $5.32M to -$228K.
What does revaluation of right of use asset and lease liability upon lease modification mean?
Reflects adjustments to the carrying value of right-of-use assets and lease liabilities due to modifications in lease terms. This non-cash metric captures changes in the expected duration or cost of existing lease contracts. It provides insight into the management of long-term operational commitments and asset utilization.