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Alector Inc

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

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About this filing

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 27, 2024

ALEC$2.53+2.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except share and per share data)

Year Ended December 31,
202320222021
Collaboration revenue$97,062$133,617$207,085
Operating expenses:
Research and development192,115210,418189,407
General and administrative56,68761,03355,038
Total operating expenses248,802271,451244,445
Loss from operations(151,740)(137,834)(37,360)
Other income, net26,5617,7781,031
Loss before income taxes(125,179)(130,056)(36,329)
Income tax expense5,2123,254—
Net loss(130,391)(133,310)(36,329)
Unrealized gain (loss) on marketable securities4,759(3,632)(1,557)
Comprehensive loss$(125,632)$(136,942)$(37,886)
Net loss per share, basic and diluted$(1.56)$(1.62)$(0.45)
Shares used in computing net loss per share, basic and diluted83,733,73082,467,58780,416,936
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.