SPRUCE BIOSCIENCES, INC.
For the period ended Dec 31, 2024. Filed Apr 15, 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 Apr 15, 2025
SPRB$49.34+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Collaboration revenue | $4,911 | $10,089 |
| Operating expenses: | ||
| Research and development | 46,418 | 49,432 |
| General and administrative | 14,644 | 12,650 |
| Total operating expenses | 61,062 | 62,082 |
| Loss from operations | (56,151) | (51,993) |
| Interest expense | (307) | (483) |
| Interest and other income, net | 3,422 | 4,557 |
| Net loss | (53,036) | (47,919) |
| Other comprehensive gain, net of tax: | ||
| Unrealized gain on available for sale securities | — | 558 |
| Total comprehensive loss | $(53,036) | $(47,361) |
| Net loss per share, basic and diluted | $(1.29) | $(1.24) |
| Weighted-average shares of common stock outstanding, basic and diluted | 41,264,948 | 38,510,220 |
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