Acumen Pharmaceuticals Inc
For the period ended Mar 31, 2024. Filed May 14, 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 14, 2024
ABOS$0.23-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating expenses | ||
| Research and development | $12,449 | $8,713 |
| General and administrative | 5,325 | 4,422 |
| Total operating expenses | 17,774 | 13,135 |
| Loss from operations | (17,774) | (13,135) |
| Other income (expense) | ||
| Interest income | 4,005 | 1,832 |
| Interest expense | (1,000) | — |
| Change in fair value of embedded derivatives | (50) | — |
| Other expense, net | (54) | (4) |
| Total other income | 2,901 | 1,828 |
| Net loss | (14,873) | (11,307) |
| Other comprehensive gain (loss) | ||
| Unrealized gain (loss) on marketable securities | (456) | 227 |
| Comprehensive loss | $(15,329) | $(11,080) |
| Net loss per common share, basic and diluted | $(0.25) | $(0.28) |
| Weighted-average shares outstanding, basic and diluted | 59,812,000 | 41,025,062 |
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