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Beam Therapeutics Inc

For the period ended Mar 31, 2024. Filed May 7, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 7, 2024

BEAM$25.15-6.9%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Other Comprehensive Loss

(in thousands, except share and per share amounts)

Three Months Ended March 31,
20242023
License and collaboration revenue$7,410$24,208
Operating expenses:
Research and development84,81899,646
General and administrative26,72423,490
Total operating expenses111,542123,136
Loss from operations(104,132)(98,928)
Other income (expense):
Change in fair value of derivative liabilities(2,900)5,600
Change in fair value of non-controlling equity investments(3,353)(12,797)
Change in fair value of contingent consideration liabilities(133)(296)
Interest and other income (expense), net11,8499,961
Total other income (expense)5,4632,468
Net loss$(98,669)$(96,460)
Unrealized gain (loss) on marketable securities(1,525)1,665
Comprehensive loss$(100,194)$(94,795)
Net loss per common share, basic and diluted$(1.21)$(1.33)
Weighted-average common shares outstanding, basic and diluted81,698,63372,273,829
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.