Revolution Medicines Inc
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 26, 2024
RVMD$193.06-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue: | |||
| Collaboration revenue | $11,580 | $35,380 | $29,390 |
| Total revenue | 11,580 | 35,380 | 29,390 |
| Operating expenses: | |||
| Research and development | 423,144 | 253,073 | 186,948 |
| General and administrative | 75,621 | 40,586 | 30,450 |
| Total operating expenses | 498,765 | 293,659 | 217,398 |
| Loss from operations | (487,185) | (258,279) | (188,008) |
| Other income (expense), net: | |||
| Interest income | 47,482 | 9,154 | 929 |
| Interest and other expense | (303) | — | (12) |
| Change in fair value of warrant liability and contingent earn-out shares | 115 | — | — |
| Total other income, net | 47,294 | 9,154 | 917 |
| Loss before income taxes | (439,891) | (249,125) | (187,091) |
| Benefit from income taxes | 3,524 | 420 | — |
| Net loss | $(436,367) | $(248,705) | $(187,091) |
| Net loss per share attributable to common stockholders, basic and diluted | $(3.86) | $(3.08) | $(2.57) |
| Weighted-average common shares used to compute net loss per share, basic and diluted | 113,149,869 | 80,626,525 | 72,806,079 |
| Comprehensive loss: | |||
| Net loss | $(436,367) | $(248,705) | $(187,091) |
| Other comprehensive income (loss): | |||
| Unrealized gain (loss) on investments, net | 2,324 | (1,404) | (492) |
| Comprehensive loss | $(434,043) | $(250,109) | $(187,583) |
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