Ultragenyx Pharmaceutical Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
RARE$16.41+6.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Product sales | $285,415 | $180,413 | $118,927 |
| Royalty revenue | 274,815 | 182,652 | 21,692 |
| Collaboration and license | — | 71,184 | 222,710 |
| Total revenues | 560,230 | 434,249 | 363,329 |
| Operating expenses: | |||
| Cost of sales | 76,728 | 45,209 | 28,320 |
| Research and development | 697,865 | 648,449 | 705,789 |
| Selling, general and administrative | 321,610 | 309,799 | 278,139 |
| Total operating expenses | 1,096,203 | 1,003,457 | 1,012,248 |
| Loss from operations | (535,973) | (569,208) | (648,919) |
| Interest income | 36,506 | 26,688 | 11,074 |
| Change in fair value of equity investments | (1,115) | 397 | (19,299) |
| Non-cash interest expense on liabilities for sales of future royalties | (63,041) | (66,004) | (43,015) |
| Other expense | (3,963) | (337) | (1,566) |
| Loss before income taxes | (567,586) | (608,464) | (701,725) |
| (Provision for) benefit from income taxes | (1,597) | 1,825 | (5,696) |
| Net loss | $(569,183) | $(606,639) | $(707,421) |
| Net loss per share, basic and diluted | $(6.29) | $(8.25) | $(10.12) |
| Shares used in computing net loss per share, basic and diluted | 90,538,118 | 73,543,862 | 69,914,225 |
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