RHYTHM PHARMACEUTICALS INC
For the period ended Mar 31, 2024. Filed May 7, 2024.
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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.
Mar 31, 2024 · Filed May 7, 2024
RYTM$113.95+0.0%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)
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|---|---|---|---|---|---|---|---|
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| · · · Three months ended March 31, | |||||||
| · 2024 · 2023 | |||||||
| Revenues: | | | | | | | |
| Product revenue, net | | | $25,967 | | $11,469 | ||
| Total revenues | | | | 25,967 | | | 11,469 |
| Costs and expenses: | | | | | | | |
| Cost of sales | | | | 2,807 | | | 1,421 |
| Research and development | | | | 128,665 | | | 37,945 |
| Selling, general, and administrative | | | 34,382 | | 24,634 | ||
| Total costs and expenses | | | 165,854 | | 64,000 | ||
| Loss from operations | | | (139,887) | | (52,531) | ||
| Other (expense) income: | | | | ||||
| Other income (expense), net | | | 524 | | (27) | ||
| Interest expense | | | | (4,755) | | | (3,061) |
| Interest income | | | 3,046 | | 3,440 | ||
| Total other (expense) income, net | | | (1,185) | | 352 | ||
| Loss before income taxes | | | | (141,072) | | | (52,179) |
| Provision for income taxes | | | | 300 | | | — |
| Net loss | | | $(141,372) | | $(52,179) | ||
| Net loss per share, basic and diluted | | | $(2.35) | | $(0.92) | ||
| Weighted-average common shares outstanding, basic and diluted | | | | 60,143,558 | | | 56,708,975 |
| | | | | | | | |
| Other comprehensive loss: | | | | | | | |
| Net loss | | | $(141,372) | | $(52,179) | ||
| Foreign currency translation adjustment | | | | (71) | | | 21 |
| Unrealized gain (loss), net on marketable securities | | | (244) | | 65 | ||
| Comprehensive loss | | | $(141,687) | | $(52,093) | ||
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