Harmony Biosciences Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 6, 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.
Jun 30, 2024 · Filed Aug 6, 2024
HRMY$33.55-0.7%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 Income (Unaudited)
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
| · · · · · · · · · · · · | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended June 30, · · Six Months Ended June 30, | |||||||||||
| · 2024 · 2023 · 2024 · 2023 | |||||||||||
| Net product revenue | | $172,814 | | $134,216 | | $327,429 | | $253,342 | |||
| Cost of product sold | | 32,144 | | 25,008 | | 59,628 | | 45,788 | |||
| Gross profit | | 140,670 | | 109,208 | | 267,801 | | 207,554 | |||
| Operating expenses: | | | | | |||||||
| Research and development | | 63,583 | | 14,969 | | 85,772 | | 28,258 | |||
| Sales and marketing | | 28,507 | | 24,528 | | 55,740 | | 47,100 | |||
| General and administrative | | 27,224 | | 22,809 | | 52,900 | | 44,871 | |||
| Total operating expenses | | 119,314 | | 62,306 | | 194,412 | | 120,229 | |||
| Operating income | | 21,356 | | 46,902 | | 73,389 | | 87,325 | |||
| Other (expense) income, net | | 37 | | (31) | | (104) | | (29) | |||
| Interest expense | | | (4,404) | | | (6,218) | | | (8,939) | | (11,949) |
| Interest income | | 4,705 | | 3,442 | | 9,133 | | 6,528 | |||
| Income before income taxes | | 21,694 | | 44,095 | | 73,479 | | 81,875 | |||
| Income tax expense | | (10,103) | | (9,795) | | (23,554) | | (18,090) | |||
| Net income | | $11,591 | | $34,300 | | $49,925 | | $63,785 | |||
| Unrealized (loss) income on investments | | (63) | | (491) | | (236) | | (371) | |||
| Comprehensive income | | $11,528 | | $33,809 | | $49,689 | | $63,414 | |||
| EARNINGS PER SHARE: | | | | | |||||||
| Basic | | $0.20 | | $0.57 | | $0.88 | | $1.07 | |||
| Diluted | | $0.20 | | $0.56 | | $0.87 | | $1.05 | |||
| Weighted average number of shares of common stock - basic | | 56,802,357 | | 59,974,123 | | 56,786,873 | | 59,853,808 | |||
| Weighted average number of shares of common stock - diluted | | 57,541,696 | | 60,743,953 | | 57,571,570 | | 60,997,410 | |||
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