Arcus Biosciences Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout 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.
Mar 31, 2024 · Filed May 8, 2024
RCUS$18.67-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| License and development services revenue (Includes $131 and $17 from a related party) | $135 | $17 |
| Other collaboration revenue (Includes $10 and $8 from a related party) | 10 | 8 |
| Total revenues | 145 | 25 |
| Operating expenses: | ||
| Research and development (Net of recoveries of $16 and $33 from a related party) | 109 | 81 |
| General and administrative | 32 | 30 |
| Impairment of long-lived assets (see Note 11, Leases) | 20 | — |
| Total operating expenses | 161 | 111 |
| Loss from operations | (16) | (86) |
| Non-operating income (expense): | ||
| Interest and other income, net | 13 | 9 |
| Effective interest on liability for sale of future royalties | (1) | (1) |
| Total non-operating income, net | 12 | 8 |
| Loss before income taxes | (4) | (78) |
| Income tax expense | — | (2) |
| Net loss | $(4) | $(80) |
| Net loss per share: | ||
| Basic and diluted | $(0.05) | $(1.09) |
| Shares used to compute net loss per share: | ||
| Basic and diluted | 86.2 | 73.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.