Alector, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
ALEC$2.53+2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Collaboration revenue | $7,874 | $15,083 | $11,548 | $30,976 |
| Operating expenses: | ||||
| Research and development | 27,611 | 46,314 | 61,252 | 91,481 |
| General and administrative | 14,401 | 14,375 | 29,129 | 28,809 |
| Total operating expenses | 42,012 | 60,689 | 90,381 | 120,290 |
| Loss from operations | (34,138) | (45,606) | (78,833) | (89,314) |
| Other income, net | 3,614 | 7,003 | 7,838 | 14,639 |
| Loss before income taxes | (30,524) | (38,603) | (70,995) | (74,675) |
| Income tax expense | — | 73 | — | 80 |
| Net loss | (30,524) | (38,676) | (70,995) | (74,755) |
| Unrealized loss on marketable securities | (95) | (217) | (165) | (804) |
| Comprehensive loss | $(30,619) | $(38,893) | $(71,160) | $(75,559) |
| Net loss per share, basic and diluted | $(0.30) | $(0.40) | $(0.71) | $(0.78) |
| Shares used in computing net loss per share, basic and diluted | 100,371,632 | 96,674,921 | 99,887,605 | 95,242,548 |
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