Amylyx Pharmaceuticals Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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 Nov 7, 2024
AMLX$30.21+2.4%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Product revenue, net | $416 | $102,693 | $88,036 | $272,337 |
| Operating expenses: | ||||
| Cost of sales | — | 5,218 | 5,953 | 16,081 |
| Cost of sales - inventory impairment and loss on firm purchase commitments | 809 | — | 118,680 | — |
| Acquired in-process research and development | 36,203 | — | 36,203 | — |
| Research and development | 21,237 | 30,037 | 81,192 | 83,273 |
| Selling, general and administrative | 17,828 | 48,718 | 97,234 | 136,115 |
| Restructuring expenses | — | — | 22,851 | — |
| Total operating expenses | 76,077 | 83,973 | 362,113 | 235,469 |
| (Loss) income from operations | (75,661) | 18,720 | (274,077) | 36,868 |
| Other income, net: | ||||
| Interest income | 3,098 | 4,179 | 11,493 | 11,784 |
| Other expense, net | (141) | (488) | (1,371) | (831) |
| Total other income, net | 2,957 | 3,691 | 10,122 | 10,953 |
| (Loss) income before income taxes | (72,704) | 22,411 | (263,955) | 47,821 |
| Provision for income taxes | — | 1,518 | 242 | 3,281 |
| Net (loss) income | $(72,704) | $20,893 | $(264,197) | $44,540 |
| Net (loss) income per share | ||||
| Basic | $(1.07) | $0.31 | $(3.89) | $0.66 |
| Diluted | $(1.07) | $0.30 | $(3.89) | $0.63 |
| Weighted-average shares used in computing net (loss) income per share | ||||
| Basic | 68,091,446 | 67,414,669 | 67,990,613 | 67,124,407 |
| Diluted | 68,091,446 | 69,748,547 | 67,990,613 | 70,143,659 |
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