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Instil Bio 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

TIL$6.35-1.9%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except share and per share amounts)

Three Months Ended · Six Months Ended
June 30,June 30,
2024202320242023
Operating expenses:
Research and development$2,921$8,459$10,177$29,129
General and administrative10,70611,51823,13024,740
Restructuring and impairment charges5081,0104,78325,564
Total operating expenses14,13520,98738,09079,433
Loss from operations(14,135)(20,987)(38,090)(79,433)
Interest income1,9192,2873,9814,358
Interest expense(1,999)(590)(3,980)(1,226)
Other (expense) income, net(702)628(1,130)571
Net loss(14,917)(18,662)(39,219)(75,730)
Other comprehensive loss:
Foreign currency translation(5)(211)39(441)
Unrealized (loss) gain on available-for-sale securities, net(59)(178)(318)139
Net comprehensive loss$(14,981)$(19,051)$(39,498)$(76,032)
Net loss per share, basic and diluted$(2.29)$(2.87)$(6.03)$(11.64)
Weighted-average shares used in computing net loss per share, basic and diluted6,503,9136,503,9136,503,9136,503,913
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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.