Revolution Medicines Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
RVMD$193.06-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Collaboration revenue | $— | $11,580 | $35,380 |
| Total revenue | — | 11,580 | 35,380 |
| Operating expenses: | |||
| Research and development | 592,225 | 423,144 | 253,073 |
| General and administrative | 97,299 | 75,621 | 40,586 |
| Total operating expenses | 689,524 | 498,765 | 293,659 |
| Loss from operations | (689,524) | (487,185) | (258,279) |
| Other income (expense), net: | |||
| Interest income | 86,883 | 47,482 | 9,154 |
| Other expense | (2,528) | (303) | — |
| Change in fair value of warrant liability and contingent earn-out shares | 4,323 | 115 | — |
| Total other income, net | 88,678 | 47,294 | 9,154 |
| Loss before income taxes | (600,846) | (439,891) | (249,125) |
| Benefit from income taxes | 753 | 3,524 | 420 |
| Net loss | $(600,093) | $(436,367) | $(248,705) |
| Net loss per share attributable to common stockholders, basic and diluted | $(3.58) | $(3.86) | $(3.08) |
| Weighted-average common shares used to compute net loss per share, basic and diluted | 167,737,672 | 113,149,869 | 80,626,525 |
| Comprehensive loss: | |||
| Net loss | $(600,093) | $(436,367) | $(248,705) |
| Other comprehensive income (loss): | |||
| Unrealized gain (loss) on investments, net | 777 | 2,324 | (1,404) |
| Comprehensive loss | $(599,316) | $(434,043) | $(250,109) |
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