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Revolution Medicines Inc

For the period ended Jun 30, 2024. Filed Aug 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.

Jun 30, 2024 · Filed Aug 7, 2024

RVMD$193.06-3.5%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except share and per share data)

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Revenue:
Collaboration revenue$—$3,824$—$10,838
Total revenue—3,824—10,838
Operating expenses:
Research and development134,93297,981252,953166,928
General and administrative21,71114,64044,54927,864
Total operating expenses156,643112,621297,502194,792
Loss from operations(156,643)(108,797)(297,502)(183,954)
Other income, net:
Interest income21,48710,49945,24717,558
Other income (expense), net16—(2,793)—
Change in fair value of warrant liabilities and contingent earn-out shares1,907—5,812—
Total other income, net23,41010,49948,26617,558
Loss before income taxes(133,233)(98,298)(249,236)(166,396)
Benefit from income taxes————
Net loss$(133,233)$(98,298)$(249,236)$(166,396)
Net loss per share attributable to common stockholders, basic and diluted$(0.81)$(0.92)(1.51)$(1.65)
Weighted-average common shares used to compute net loss per share, basic and diluted165,141,936106,884,185164,935,542100,891,375
Comprehensive loss:
Net loss$(133,233)$(98,298)$(249,236)$(166,396)
Other comprehensive gain (loss):
Unrealized gain (loss) on investments, net(665)(695)(2,407)529
Comprehensive loss$(133,898)$(98,993)$(251,643)$(165,867)
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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.