Acrivon Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 13, 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 13, 2024
ACRV$1.57-0.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses: | ||||
| Research and development | $18,864 | $10,267 | $45,362 | $30,546 |
| General and administrative | 6,276 | 5,870 | 18,883 | 15,504 |
| Total operating expenses | 25,140 | 16,137 | 64,245 | 46,050 |
| Loss from operations | (25,140) | (16,137) | (64,245) | (46,050) |
| Other income (expense), net: | ||||
| Interest income | 2,698 | 1,768 | 6,838 | 5,345 |
| Other income (expense), net | 1 | (97) | (318) | (431) |
| Total other income, net | 2,699 | 1,671 | 6,520 | 4,914 |
| Net loss | $(22,441) | $(14,466) | $(57,725) | $(41,136) |
| Net loss per share—basic and diluted | $(0.59) | $(0.66) | $(1.79) | $(1.87) |
| Weighted-average common stock outstanding—basic and diluted | 38,105,131 | 22,081,162 | 32,297,457 | 21,991,509 |
| Comprehensive loss: | ||||
| Net loss | $(22,441) | $(14,466) | $(57,725) | $(41,136) |
| Other comprehensive income (loss): | ||||
| Unrealized gain (loss) on available-for-sale investments, net of tax | 801 | 125 | 865 | (207) |
| Comprehensive loss | $(21,640) | $(14,341) | $(56,860) | $(41,343) |
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