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Entrada Therapeutics Inc

For the period ended Jun 30, 2024. Filed Aug 13, 2024.

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About this filing

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 13, 2024

TRDA$5.25+11.9%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss

(In thousands, except share and per share amounts)

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Collaboration revenue$94,694$18,170$153,814$43,430
Operating expenses:
Research and development32,03526,300$60,64349,402
General and administrative9,2368,16918,63516,107
Total operating expenses41,27134,46979,27865,509
Income (loss) from operations53,423(16,299)74,536(22,079)
Other income:
Interest and other income4,3664,2188,5806,875
Total other income4,3664,2188,5806,875
Income (loss) before provision for income taxes57,789(12,081)83,116(15,204)
Provision for income taxes(2,758)(13,847)$(4,589)(17,398)
Net income (loss)$55,031$(25,928)$78,527$(32,602)
Net income (loss) per share, basic$1.61$(0.78)$2.32$(0.99)
Net income (loss) per share, diluted$1.55$(0.78)$2.23$(0.99)
Weighted‑average common shares outstanding, basic34,180,54933,163,32033,838,81132,770,989
Weighted‑average common shares outstanding, diluted35,507,02933,163,32035,148,22132,770,989
Other comprehensive (loss) income:
Unrealized (loss) gain on marketable securities(83)(363)(524)1,052
Total other comprehensive (loss) income(83)(363)(524)1,052
Total comprehensive income (loss)$54,948$(26,291)$78,003$(31,550)
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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.