Company: WHWK
Filing Date: 2025-01-31
Form Type: DEFM14A
Source: 0001193125-25-018470
Chunk: 263

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-31
Form: DEFM14A
Chunk 263
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 Expenses Selling, General and Administrative Expenses Selling, general and administrative expenses for the three months ended September 30, 2024 and 2023 were $7.2 million and $11.2 million, respectively. The $4.0 million decrease was primarily driven by a reduction of $2.3 million in personnel expenses, $1.5 million in commercial and marketing expenses, and $0.3 million of legal and other expenses, offset by an increase of $0.1 million related to consulting expenses. - 186 -

Selling, general and administrative expenses for the nine months ended September 30, 2024 and 2023 were $25.7 million and $34.2 million, respectively. The $8.5 million decrease was driven by a reduction of $4.0 million in commercial and marketing expenses, $2.3 million in legal and other expenses, $2.1 million in personnel expenses, and $0.1 million of consulting and insurance expenses. Research and Development Expenses The following table presents our research and development expenses for the periods indicated (in thousands):

|                                         |     | 2024 | Three Months Ended 
      September 30, |     | 2023 |        |     | 2024 | Nine Months Ended 
     September 30, |     | 2023 |        |
|:----------------------------------------|:----|:-----|-------------------:|:----|:-----|-------:|:----|:-----|------------------:|:----|:-----|-------:|
| Personnel expenses                      |     | $    |              3,857 |     | $    |  6,215 |     | $    |            15,673 |     | $    | 18,067 |
| Consultants                             |     |      |                250 |     |      |    663 |     |      |               975 |     |      |  3,193 |
| External clinical development           |     |      |              4,044 |     |      |  4,021 |     |      |            13,347 |     |      | 10,485 |
| Clinical drug product manufacturing     |     |      |              1,617 |     |      |    743 |     |      |             5,984 |     |      |  3,247 |
| Other expenses                          |     |      |                229 |     |      |