Invivyd Inc
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(UNaudited)
(In thousands, except share and per share amounts)
| Three Months Ended June 30, | Three Months Ended June 30, | Six Months Ended June 30, | Six Months Ended June 30, | |
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Product revenue, net | $2,264 | $— | $2,264 | $— |
| Total revenue | 2,264 | — | 2,264 | — |
| Operating costs and expenses: | ||||
| Cost of product revenue | 88 | — | 88 | — |
| Research and development(1) | 30,334 | 43,618 | 61,494 | 70,819 |
| Acquired in-process research and development(2) | — | 150 | — | 975 |
| Selling, general and administrative | 21,089 | 10,107 | 36,018 | 21,152 |
| Total operating costs and expenses | 51,511 | 53,875 | 97,600 | 92,946 |
| Loss from operations | (49,247) | (53,875) | (95,336) | (92,946) |
| Other income: | ||||
| Other income, net | 2,000 | 3,647 | 4,593 | 7,397 |
| Total other income, net | 2,000 | 3,647 | 4,593 | 7,397 |
| Net loss | (47,247) | (50,228) | (90,743) | (85,549) |
| Other comprehensive income (loss) | ||||
| Unrealized gain on available-for-sale securities, net of tax | — | 93 | 1 | 250 |
| Comprehensive loss | $(47,247) | $(50,135) | $(90,742) | $(85,299) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.40) | $(0.46) | $(0.77) | $(0.78) |
| Weighted-average common shares outstanding, basic and diluted | 119,362,670 | 109,450,071 | 117,490,439 | 109,119,630 |
(1)
Includes related-party amounts of $1,131 and $2,266 for thethree and six months ended June 30, 2024, respectively, and $2,258 and $5,218 for thethree and six months ended June 30, 2023, respectively(see Note 15).
(2)
Includesno related-party amounts for both thethree and six months ended June 30, 2024, and $0 and $375 for thethree and six months ended June 30, 2023, respectively(see Note 15).
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