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Rallybio Corp

For the period ended Jun 30, 2024. Filed Aug 8, 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 8, 2024

RLYB$15.76+0.6%Stored close · as of Nov 10, 2026

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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss

Condensed Consolidated Statements of Operations and Comprehensive Loss

FOR THE THREE MONTHS ENDED JUNE 30,FOR THE SIX MONTHS ENDED JUNE 30,
(in thousands, except share and per share amounts)2024202320242023
Revenue:
Collaboration and license revenue$299$—$299$—
Total revenue299—299—
Operating expenses:
Research and development12,94613,13025,88224,332
General and administrative4,3886,95311,23914,125
Total operating expenses17,33420,08337,12138,457
Loss from operations(17,035)(20,083)(36,822)(38,457)
Other income:
Interest income1,1431,6082,4193,154
Other income14362310135
Total other income, net1,2861,6702,7293,289
Loss before equity in losses of joint venture(15,749)(18,413)(34,093)(35,168)
Loss on investment in joint venture4872171,172780
Net loss$(16,236)$(18,630)$(35,265)$(35,948)
Net loss per common share, basic and diluted$(0.37)$(0.46)$(0.83)$(0.89)
Weighted-average common shares outstanding, basic and diluted44,128,05940,363,90242,450,83740,306,715
Other comprehensive loss:
Net unrealized loss on marketable securities—(211)(86)(58)
Other comprehensive loss—(211)(86)(58)
Comprehensive loss$(16,236)$(18,841)$(35,351)$(36,006)
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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.