Alector Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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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 8, 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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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
Condensed Consolidated Statements of Oper ations and Comprehensive Loss
(In thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Collaboration revenue | $15,893 | $16,549 |
| Operating expenses: | ||
| Research and development | 45,167 | 51,887 |
| General and administrative | 14,434 | 14,777 |
| Total operating expenses | 59,601 | 66,664 |
| Loss from operations | (43,708) | (50,115) |
| Other income, net | 7,636 | 5,159 |
| Loss before income taxes | (36,072) | (44,956) |
| Income tax expense | 7 | 901 |
| Net loss | (36,079) | (45,857) |
| Unrealized gain (loss) on marketable securities | (587) | 2,376 |
| Comprehensive loss | $(36,666) | $(43,481) |
| Net loss per share, basic and diluted | $(0.38) | $(0.55) |
| Shares used in computing net loss per share, basic and diluted | 93,810,177 | 83,102,296 |
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