Theravance Biopharma Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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FY2024 · Filed Mar 7, 2025
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Supplementary Financial Data (unaudited)
SUPPLEMENTARY FINANCIAL DATA
(UNAUDITED)
(In thousands, except per share data)
The following table presents certain unaudited consolidated quarterly financial information for the eight quarters in the periods ended December 31, 2024 and 2023. This information has been prepared on the same basis as the audited consolidated financial statements and includes all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the unaudited quarterly results of operations set forth herein.
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · For the Quarter Ended | ||||||||||||
| · March 31, · June 30, · September 30, · December 31, | ||||||||||||
| 2024 | | | | | | | | | | | | |
| Total revenue | | $14,503 | | $14,256 | | $16,868 | | $18,754 | ||||
| Total expenses | | 25,710 | | 29,961 | | 27,705 | | 27,954 | ||||
| Loss from operations | | (11,207) | | (15,705) | | (10,837) | | (9,200) | ||||
| Net loss | | (11,664) | | (16,529) | | (12,698) | | (15,527) | ||||
| Net loss - basis and diluted per share | | $(0.24) | | $(0.34) | | $(0.26) | | $(0.31) | ||||
| | | | | | | | | | | | | |
| 2023 | | | | | | | | | | | | |
| Total revenue | | $10,417 | | $13,749 | | $15,693 | | $17,565 | ||||
| Total expenses | | 35,329 | | 29,872 | | 24,453 | | 23,805 | ||||
| Loss from operations | | (24,912) | | (16,123) | | (8,760) | | (6,240) | ||||
| Net loss | | (22,088) | | (15,645) | | (8,950) | | (8,510) | ||||
| Net loss - basis and diluted per share | | $(0.35) | | | (0.28) | | | (0.17) | | | (0.17) | |
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| Share of Total YUPELRI Net Sales (1) | | | | | | | | | | | | |
| | | For the Quarter Ended | ||||||||||
| | | March 31, | June 30, | September 30, | December 31, | |||||||
| 2024 | | $19,329 | | $19,085 | | $21,766 | | $23,339 | ||||
| 2023 | | $16,434 | | $19,263 | | $20,414 | | $21,225 | ||||
| (1) | The Company co-promotes YUPELRI in the US under a profit and loss sharing arrangement with Viatris (65% to Viatris; 35% to Theravance Biopharma). The amounts represent the Company’s implied 35% share of the total net sales of YUPELRI that were recognized within Viatris’ financial statements for the periods presented. |
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