Karyopharm Therapeutics Inc
For the period ended Jun 30, 2024. Filed Aug 6, 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.
Jun 30, 2024 · Filed Aug 6, 2024
KPTI$0.02-56.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues: | ||||
| Product revenue, net | $28,032 | $28,460 | $54,038 | $56,748 |
| License and other revenue | 14,754 | 9,119 | 21,874 | 19,529 |
| Total revenue | 42,786 | 37,579 | 75,912 | 76,277 |
| Operating expenses: | ||||
| Cost of sales | 1,465 | 1,194 | 3,376 | 2,545 |
| Research and development | 38,371 | 31,477 | 73,796 | 63,816 |
| Selling, general and administrative | 31,070 | 34,481 | 60,619 | 70,388 |
| Total operating expenses | 70,906 | 67,152 | 137,791 | 136,749 |
| Loss from operations | (28,120) | (29,573) | (61,879) | (60,472) |
| Other income (expense): | ||||
| Interest income | 1,930 | 2,824 | 4,086 | 5,673 |
| Interest expense | (8,949) | (5,784) | (14,833) | (11,542) |
| Gain on extinguishment of debt | 44,702 | — | 44,702 | — |
| Other income (expense), net | 14,296 | 30 | 14,492 | (234) |
| Total other income (expense), net | 51,979 | (2,930) | 48,447 | (6,103) |
| Income (loss) before income taxes | 23,859 | (32,503) | (13,432) | (66,575) |
| Income tax provision | (67) | (127) | (138) | (181) |
| Net income (loss) | $23,792 | $(32,630) | $(13,570) | $(66,756) |
| Basic net income (loss) per share (Note 7) | $0.15 | $(0.29) | $(0.11) | $(0.59) |
| Diluted net loss per share (Note 7) | $(0.20) | $(0.29) | $(0.48) | $(0.59) |
| Weighted-average number of common shares outstanding used to compute basic net income (loss) per share | 121,027 | 114,207 | 118,240 | 113,846 |
| Weighted-average number of common shares outstanding used to compute diluted net loss per share | 154,425 | 114,207 | 127,066 | 113,846 |
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