RHYTHM PHARMACEUTICALS INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
RYTM$113.95+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year Ended · · Year Ended · · Year Ended | |||||||||
| · · December 31, · · December 31, · · December 31, | |||||||||
| | 2023 | 2022 | 2021 | ||||||
| Revenues: | | | | | | | | | |
| Product revenue, net | | $77,428 | | $16,884 | | $3,154 | |||
| License revenue | | | — | | | 6,754 | | | — |
| Total revenues | | | 77,428 | | | 23,638 | | | 3,154 |
| Costs and expenses: | | | | | | | | | |
| Cost of sales | | | 9,302 | | | 2,133 | | | 599 |
| Research and development | | | 134,951 | | | 108,630 | | | 104,128 |
| Selling, general, and administrative | | 117,532 | | 92,032 | | 68,486 | |||
| Total costs and expenses | | 261,785 | | 202,795 | | 173,213 | |||
| Loss from operations | | (184,357) | | (179,157) | | (170,059) | |||
| Other income (expense): | | | | ||||||
| Other income (expense), net | | 190 | | (790) | | 100,000 | |||
| Interest expense | | | (13,892) | | | (5,201) | | | — |
| Interest income | | 13,945 | | 4,029 | | 447 | |||
| Total other income (expense), net | | 243 | | (1,962) | | 100,447 | |||
| Loss before income taxes | | | (184,114) | | | (181,119) | | | (69,612) |
| Provision for income taxes | | | 564 | | | — | | | — |
| Net loss | | $(184,678) | | $(181,119) | | $(69,612) | |||
| Net loss per share, basic and diluted | | $(3.20) | | $(3.47) | | $(1.40) | |||
| Weighted-average common shares outstanding, basic and diluted | | | 57,673,128 | | | 52,120,701 | | | 49,600,294 |
| | | | | | | | | | |
| Other comprehensive loss: | | | | | | | | | |
| Net loss | | $(184,678) | | $(181,119) | | $(69,612) | |||
| Foreign currency translation adjustment | | | (140) | | | — | | | — |
| Unrealized gain (loss), net on marketable securities | | 366 | | (91) | | (1) | |||
| Comprehensive loss | | $(184,452) | | $(181,210) | | $(69,613) | |||
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