Gossamer Bio Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 2024
GOSS$11.28+6.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Revenue from sale of licenses | $— | $— | $88,751 | $— |
| Revenue from contracts with collaborators | 9,480 | — | 16,571 | — |
| Total revenue | 9,480 | — | 105,322 | — |
| Operating expenses: | ||||
| Research and development | 34,897 | 31,200 | 102,375 | 105,334 |
| General and administrative | 8,502 | 9,290 | 26,738 | 29,398 |
| Total operating expenses | 43,399 | 40,490 | 129,113 | 134,732 |
| Loss from operations | (33,919) | (40,490) | (23,791) | (134,732) |
| Other income (expense) | ||||
| Interest income | 430 | 405 | 2,523 | 1,687 |
| Interest expense | (2,734) | (3,343) | (8,779) | (10,272) |
| Other income, net | 4,288 | 3,420 | 9,851 | 11,648 |
| Total other income, net | 1,984 | 482 | 3,595 | 3,063 |
| Loss before provision (benefit) for income taxes | (31,935) | (40,008) | (20,196) | (131,669) |
| Provision (benefit) for income taxes | (1,132) | — | 3,303 | — |
| Net loss | $(30,803) | $(40,008) | $(23,499) | $(131,669) |
| Other comprehensive income (loss): | ||||
| Foreign currency translation | (2,260) | (170) | (2,244) | (146) |
| Unrealized gain on marketable securities | 547 | 33 | 363 | 102 |
| Other comprehensive loss | (1,713) | (137) | (1,881) | (44) |
| Comprehensive loss | $(32,516) | $(40,145) | $(25,380) | $(131,713) |
| Net loss per share, basic and diluted | $(0.14) | $(0.21) | $(0.10) | $(1.03) |
| Weighted average common shares outstanding, basic and diluted | 226,346,058 | 192,883,209 | 226,101,727 | 128,092,499 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.