Allovir Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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 12, 2024
KLRS$1.87-18.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (in thousands, except share and per share amounts) | 2024 | 2023 | 2024 | 2023 |
| Operating expenses: | ||||
| Research and development | $(246) | $34,156 | $12,020 | $99,698 |
| General and administrative | 5,883 | 12,805 | 23,712 | 37,797 |
| Restructuring costs | 83 | — | 10,059 | — |
| Total operating expenses | 5,720 | 46,961 | 45,791 | 137,495 |
| Loss from operations | (5,720) | (46,961) | (45,791) | (137,495) |
| Total other income (loss), net: | ||||
| Interest income | 1,494 | 1,522 | 4,100 | 4,362 |
| Other income (loss), net | 100 | 1,167 | 1,190 | 2,411 |
| Net loss | $(4,126) | $(44,272) | $(40,501) | $(130,722) |
| Net loss per share — basic and diluted | $(0.04) | $(0.39) | $(0.35) | $(1.30) |
| Weighted-average common shares outstanding — basic and diluted | 115,399,516 | 113,894,188 | 115,073,622 | 100,683,322 |
| Comprehensive loss: | ||||
| Net loss | $(4,126) | $(44,272) | $(40,501) | $(130,722) |
| Other comprehensive income (loss), net of tax: | ||||
| Unrealized gain (loss) on available-for-sale securities | 5 | 25 | (72) | 268 |
| Total other comprehensive income (loss) | 5 | 25 | (72) | 268 |
| Comprehensive loss | $(4,121) | $(44,247) | $(40,573) | $(130,454) |
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