Adverum biotechnologies, inc. (ADVM)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13Jun'13
Collaboration and license revenue

-

0

-

-

1,612

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collaboration and license revenue

-

-

-

-

-

-

-

-

-

-

-

1,652

1,455

1,927

2,485

2,381

2,319

1,562

813

745

572

0

0

0

-

-

Government grant revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Operating expenses:
Research and development

40,419

40,687

45,223

47,470

50,133

50,505

46,297

43,572

39,839

35,723

33,813

33,276

31,670

30,964

30,125

27,296

25,462

25,496

23,719

21,687

16,976

10,300

5,215

0

0

0

General and administrative

28,376

25,284

22,721

24,768

24,560

23,415

23,351

18,236

20,857

21,592

22,976

24,026

24,355

24,952

26,437

26,282

22,107

20,113

14,880

11,415

7,998

4,876

2,672

0

0

0

Impairment of intangible asset

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

68,795

65,971

72,944

77,238

79,693

78,920

69,648

61,808

60,696

68,515

68,383

118,016

116,739

108,003

108,255

56,151

50,142

45,609

38,599

33,102

24,974

15,176

7,887

0

0

0

Operating loss

-68,545

-65,651

-72,041

-75,842

-78,081

-76,917

-68,015

-60,205

-58,847

-66,639

-66,575

-116,364

-115,284

-106,076

-105,770

-53,770

-47,823

-44,047

-37,786

-32,357

-24,402

-14,777

-7,542

0

0

0

Other income:
Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

46

66

0

0

0

Other income, net

-

-

4,731

4,676

-

-

3,387

2,957

2,700

2,112

1,576

1,135

762

629

540

434

370

296

153

37

-21

-36

-4

0

0

0

Change in fair value of embedded derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Change in fair value of warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

759

772

490

0

0

0

Loss on extinguishment of related-party convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Other income, net

-

0

-

-

-

0

-

-

-

-

-

1,135

762

629

540

434

370

297

-136

-893

-1,002

-1,049

-749

0

0

0

Net loss before income taxes

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-64,486

-61,220

-66,060

-69,916

-72,627

-71,757

-64,628

-57,248

-56,147

0

0

0

-

-105,447

-105,230

-53,336

-

-43,750

-37,922

-33,250

-25,404

-15,826

-8,291

0

0

0

Deemed dividend

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Net loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

Other comprehensive income:
Net unrealized gain on marketable securities

33

66

115

154

168

49

31

-77

-182

-96

-137

-88

6

-18

-10

35

-6

0

0

0

-

-

-

-

-

-

Foreign currency translation adjustment

41

44

55

113

-4

-353

-536

-731

-774

-431

-271

-134

-2

-3

3

7

-15

-40

-24

0

-

0

0

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Comprehensive loss

-64,412

-61,110

-65,890

-69,649

-72,463

-72,061

-65,133

-58,056

-57,103

-64,279

-64,632

-114,676

-113,743

-105,468

-105,237

-53,294

-47,474

-43,764

-37,936

-33,310

-25,421

-15,838

-8,303

0

0

0

Net loss per share - basic and diluted

-0.30

-0.25

-0.23

-0.23

-0.24

-0.34

-0.30

-0.30

-0.32

-0.32

-0.27

-0.38

-0.46

-0.35

-1.76

-0.57

-0.55

-0.55

-0.38

-0.38

0.76

-0.50

-2.27

-0.45

-0.22

-0.20

Weighted-average common shares outstanding-basic and diluted

65,059

64,484

63,740

63,125

63,260

62,454

62,366

57,420

46,110

43,381

43,009

42,144

41,429

41,416

35,044

27,095

25,789

25,685

25,555

24,887

22,864

16,394

3,673

3,673

3,673

3,672