Alector, Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
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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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Collaboration revenue | $21,045 | $100,558 |
| Operating expenses: | ||
| Research and development | 123,065 | 185,940 |
| General and administrative | 53,987 | 59,615 |
| Total operating expenses | 177,052 | 245,555 |
| Loss from operations | (156,007) | (144,997) |
| Other income, net | 13,246 | 26,076 |
| Loss before income taxes | (142,761) | (118,921) |
| Income tax expense | 168 | 128 |
| Net loss | (142,929) | (119,049) |
| Unrealized gain (loss) on marketable securities | (95) | 77 |
| Comprehensive loss | $(143,024) | $(118,972) |
| Net loss per share, basic and diluted | $(1.39) | $(1.23) |
| Shares used in computing net loss per share, basic and diluted | 102,998,978 | 96,588,177 |
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