Acrivon Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 14, 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 14, 2024
ACRV$1.61+2.5%Stored close · as of Nov 6, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating expenses: | ||
| Research and development | $11,473 | $9,758 |
| General and administrative | 6,195 | 4,635 |
| Total operating expenses | 17,668 | 14,393 |
| Loss from operations | (17,668) | (14,393) |
| Other income (expense), net: | ||
| Interest income | 1,446 | 1,807 |
| Other expense, net | (264) | (170) |
| Total other income, net | 1,182 | 1,637 |
| Net loss | $(16,486) | $(12,756) |
| Net loss per share—basic and diluted | $(0.73) | $(0.58) |
| Weighted-average common stock outstanding—basic and diluted | 22,590,804 | 21,920,570 |
| Comprehensive loss: | ||
| Net loss | $(16,486) | $(12,756) |
| Other comprehensive income: | ||
| Unrealized gain on available-for-sale investments, net of tax | 13 | 104 |
| Comprehensive loss | $(16,473) | $(12,652) |
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