PRECISION BIOSCIENCES INC
For the period ended Mar 31, 2024. Filed May 13, 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 13, 2024
DTIL$10.60+7.4%Stored close · as of Nov 6, 2026
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Condensed Statements of Operations
(In thousands, except share and per share amounts)
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $17,584 | $8,780 |
| Operating expenses | ||
| Research and development | 13,343 | 11,048 |
| General and administrative | 8,428 | 11,086 |
| Total operating expenses | 21,771 | 22,134 |
| Operating loss | (4,187) | (13,354) |
| Other income (expense): | ||
| Gain (loss) from equity method investment | 1,713 | (1,341) |
| Loss on changes in fair value | (348) | (769) |
| Gain on change in fair value of warrant liability | 10,386 | — |
| Interest expense | (574) | (522) |
| Interest income | 1,663 | 2,043 |
| Loss on disposal of assets | (65) | (7) |
| Total other income (expense) | 12,775 | (596) |
| Income (loss) from continuing operations | $8,588 | $(13,950) |
| Loss from discontinued operations | — | (11,110) |
| Net income (loss) | $8,588 | $(25,060) |
| Net income (loss) per share | ||
| Basic | $1.70 | $(6.75) |
| Diluted | $1.70 | $(6.75) |
| Weighted-average shares of common stock outstanding | ||
| Basic | 5,060,978 | 3,709,894 |
| Diluted | 5,063,406 | 3,709,894 |
Condensed Statements of Changes in
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