Biomea Fusion Inc
For the period ended Sep 30, 2024. Filed Oct 29, 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.
Sep 30, 2024 · Filed Oct 29, 2024
BMEA$0.60+5.0%Stored close · as of Nov 9, 2026
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Condensed Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses: | ||||
| Research and development | $27,244 | $25,347 | $92,845 | $71,680 |
| General and administrative | 6,795 | 5,772 | 21,151 | 17,127 |
| Total operating expenses | 34,039 | 31,119 | 113,996 | 88,807 |
| Loss from operations | (34,039) | (31,119) | (113,996) | (88,807) |
| Interest and other income, net | 1,252 | 2,690 | 4,872 | 6,436 |
| Net loss | $(32,787) | $(28,429) | $(109,124) | $(82,371) |
| Other comprehensive loss: | ||||
| Unrealized gain (loss) on investments, net | — | — | — | — |
| Comprehensive loss | $(32,787) | $(28,429) | $(109,124) | $(82,371) |
| Net loss per common share, basic and diluted | $(0.91) | $(0.80) | $(3.03) | $(2.46) |
| Weighted-average number of common shares used to compute basic and diluted net loss per common share | 36,220,736 | 35,653,988 | 36,052,173 | 33,551,808 |
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