Alector Inc

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

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

ALEC$2.53+2.8%Stored close · as of Nov 10, 2026

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Contents

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 EndedJune 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Collaboration revenue	$15,083	$56,214	$30,976	$72,763
Operating expenses:
Research and development	46,314	46,177	91,481	98,064
General and administrative	14,375	13,626	28,809	28,403
Total operating expenses	60,689	59,803	120,290	126,467
Loss from operations	(45,606)	(3,589)	(89,314)	(53,704)
Other income, net	7,003	6,357	14,639	11,516
Income (loss) before income taxes	(38,603)	2,768	(74,675)	(42,188)
Income tax expense	73	1,393	80	2,294
Net income (loss)	(38,676)	1,375	(74,755)	(44,482)
Unrealized gain (loss) on marketable securities	(217)	813	(804)	3,189
Comprehensive income (loss)	$(38,893)	$2,188	$(75,559)	$(41,293)
Net income (loss) per share:
Net income (loss) per share, basic	$(0.40)	$0.02	$(0.78)	$(0.53)
Net income (loss) per share, diluted	$(0.40)	$0.02	$(0.78)	$(0.53)
Weighted average shares used in calculating:
Shares used in computing net income (loss) per share, basic	96,674,921	83,497,125	95,242,548	83,186,052
Shares used in computing net income (loss) per share, diluted	96,674,921	83,566,293	95,242,548	83,186,052

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.