Aerovate Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 13, 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 13, 2024
JBIO$16.40+5.1%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 amounts)
| · · · · · · · | |||||
|---|---|---|---|---|---|
| · · Three Months Ended March 31, · | |||||
| · 2024 · 2023 | |||||
| Operating expenses: · · · | |||||
| Research and development | | $20,080 | | $13,488 | |
| General and administrative | | 4,538 | | 4,151 | |
| Total operating expenses | | 24,618 | | 17,639 | |
| Loss from operations | | (24,618) | | (17,639) | |
| Other income (expense): | | | | ||
| Interest income | | 1,435 | | 1,120 | |
| Other expense: | | (3) | | (1) | |
| Total other income | | 1,432 | | 1,119 | |
| Net loss | | $(23,186) | | $(16,520) | |
| Comprehensive loss: | | | | ||
| Net loss | | $(23,186) | | $(16,520) | |
| Other comprehensive loss: | | | | ||
| Unrealized (loss) gain on securities | | (270) | | 265 | |
| Comprehensive loss | | $(23,456) | | $(16,255) | |
| Net loss per share, basic and diluted | | $(0.83) | | $(0.67) | |
| Weighted-average shares of common stock outstanding, basic and diluted | | 27,795,827 | | 24,777,847 | |
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