PROKIDNEY CORP
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
PROK$1.11-3.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations - Unaudited
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses | ||||
| Research and development | $31,250 | $32,198 | $87,887 | $84,179 |
| General and administrative | 17,723 | 14,419 | 44,218 | 43,133 |
| Total operating expenses | 48,973 | 46,617 | 132,105 | 127,312 |
| Operating loss | (48,973) | (46,617) | (132,105) | (127,312) |
| Other income (expense): | ||||
| Interest income | 5,580 | 5,541 | 14,960 | 16,803 |
| Interest expense | (2) | (2) | (7) | (9) |
| Net loss before income taxes | (43,395) | (41,078) | (117,152) | (110,518) |
| Income tax (benefit) expense | (2,342) | 913 | (2,300) | 3,205 |
| Net loss before noncontrolling interest | (41,053) | (41,991) | (114,852) | (113,723) |
| Net loss attributable to noncontrolling interest | (23,143) | (31,007) | (74,944) | (83,956) |
| Net loss available to Class A ordinary shareholders | $(17,910) | $(10,984) | $(39,908) | $(29,767) |
| Weighted average Class A ordinary shares outstanding: | ||||
| Basic and diluted | 126,173,463 | 61,592,876 | 87,818,229 | 61,565,298 |
| Net loss per share attributable to Class A ordinary shares: | ||||
| Basic and diluted | $(0.14) | $(0.18) | $(0.45) | $(0.48) |
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