Acrivon Therapeutics Inc
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 13, 2024
ACRV$1.57-0.6%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, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses: | ||||
| Research and development | $15,025 | $10,521 | $26,498 | $20,279 |
| General and administrative | 6,412 | 4,999 | 12,607 | 9,634 |
| Total operating expenses | 21,437 | 15,520 | 39,105 | 29,913 |
| Loss from operations | (21,437) | (15,520) | (39,105) | (29,913) |
| Other income (expense), net: | ||||
| Interest income | 2,694 | 1,770 | 4,140 | 3,577 |
| Other expense, net | (55) | (164) | (319) | (334) |
| Total other income, net | 2,639 | 1,606 | 3,821 | 3,243 |
| Net loss | $(18,798) | $(13,914) | $(35,284) | $(26,670) |
| Net loss per share—basic and diluted | $(0.52) | $(0.63) | $(1.20) | $(1.22) |
| Weighted-average common stock outstanding—basic and diluted | 36,132,616 | 21,971,032 | 29,361,710 | 21,945,940 |
| Comprehensive loss: | ||||
| Net loss | $(18,798) | $(13,914) | $(35,284) | $(26,670) |
| Other comprehensive income (loss): | ||||
| Unrealized gain (loss) on available-for-sale investments, net of tax | 51 | (436) | 64 | (332) |
| Comprehensive loss | $(18,747) | $(14,350) | $(35,220) | $(27,002) |
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