Invivyd Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
View on SEC.govAbout this filing
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 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(UNaudited)
(In thousands, except share and per share amounts)
| Three Months Ended September 30, | Three Months Ended September 30, | Nine Months Ended September 30, | Nine Months Ended September 30, | |
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Product revenue, net | $9,300 | $— | $11,564 | $— |
| Total revenue | 9,300 | — | 11,564 | — |
| Operating costs and expenses: | ||||
| Cost of product revenue(1) | 806 | — | 894 | — |
| Research and development(2) | 57,850 | 25,574 | 119,344 | 96,393 |
| Acquired in-process research and development(3) | — | 4,600 | — | 5,575 |
| Selling, general and administrative | 12,955 | 12,886 | 48,973 | 34,038 |
| Total operating costs and expenses | 71,611 | 43,060 | 169,211 | 136,006 |
| Loss from operations | (62,311) | (43,060) | (157,647) | (136,006) |
| Other income: | ||||
| Other income, net | 1,572 | 3,620 | 6,165 | 11,017 |
| Total other income, net | 1,572 | 3,620 | 6,165 | 11,017 |
| Net loss | (60,739) | (39,440) | (151,482) | (124,989) |
| Other comprehensive income (loss) | ||||
| Unrealized (loss) gain, net of tax | (6) | 20 | (5) | 270 |
| Comprehensive loss | $(60,745) | $(39,420) | $(151,487) | $(124,719) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.51) | $(0.36) | $(1.28) | $(1.14) |
| Weighted-average common shares outstanding, basic and diluted | 119,495,284 | 109,754,812 | 118,163,599 | 109,333,684 |
(1)
Includes related-party amounts of $463 for both thethree and nine months ended September 30, 2024, andno related-party amounts for both thethree and nine months ended September 30, 2023 (see Note 15).
(2)
Includes related-party amounts of $1,133 and $3,399 for thethree and nine months ended September 30, 2024, respectively, and related-party amounts of $1,448 and $6,666 for thethree and nine months ended September 30, 2023, respectively(see Note 15).
(3)
Includesno related-party amounts for both thethree and nine months ended September 30, 2024, and related-party amounts of $4,600 and $4,975 for thethree and nine months ended September 30, 2023, respectively(see Note 15).
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