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Akebia Therapeutics Inc

For the period ended Dec 31, 2023. Filed Mar 14, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 14, 2024

AKBA$0.54+1.7%Stored close · as of Nov 10, 2026

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Consolidated Statements of Operations and Comprehensive Loss

Years Ended December 31,
(dollars in thousands, except per share amounts)20232022
Revenues:
Product revenue, net$170,301$176,949
License, collaboration and other revenue24,322115,535
Total revenues194,623292,484
Cost of goods sold:
Cost of product and other revenue38,10749,526
Amortization of intangible asset36,04236,042
Total cost of goods sold74,14985,568
Operating expenses:
Research and development63,079129,986
Selling, general and administrative100,233138,601
License3,2373,175
Restructuring18115,933
Total operating expenses166,730287,695
Loss from operations(46,256)(80,779)
Other income (expense):
Interest expense(6,032)(15,687)
Other income8873,146
Loss on extinguishment of debt—(906)
Loss on termination of lease(524)—
Net loss before income taxes(51,925)(94,226)
Net loss$(51,925)$(94,226)
Comprehensive loss$(51,925)$(94,226)
Net loss per share:
Basic and diluted$(0.28)$(0.52)
Weighted average number of common shares outstanding:
Basic and diluted187,465,448182,782,680
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.