ADVM · As filed with the SEC

Adverum Biotechnologies income statement, by quarter

The statement as Adverum Biotechnologies presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Consolidated Statements of Operations and Comprehensive Loss · USD thousands, except per-share amounts; shares in thousands

USD thousands, except per-share amounts; shares in thousandsQ3 2025
3 months ended Sep 30, 2025
Q2 2025
3 months ended Jun 30, 2025
Q1 2025
3 months ended Mar 31, 2025
Q4 2024†
3 months ended Dec 31, 2024
Q3 2024†
3 months ended Sep 30, 2024
Q2 2024†
3 months ended Jun 30, 2024
Q1 2024
3 months ended Mar 31, 2024
Q4 2023†
3 months ended Dec 31, 2023
License revenue0——0†1,000000†
Operating expenses:
Research and development38,91337,12528,74724,095†20,43917,09715,41015,468†
General and administrative9,11012,73019,47418,523†9,7823,78511,4296,529†
Total operating expenses48,02349,85548,22142,618†30,22120,88226,83921,997†
Operating loss(48,023)(49,855)(48,221)(42,618)†(29,221)(20,882)(26,839)(21,997)†
Other income, net——1,202—2,0872,4062,0521,311†
Other income, net371664—1,687†2,087†2,406†—1,311†
Net loss before income taxes———(60,530)†(27,134)(18,476)(24,787)(20,686)†
Income tax benefit———0†0001,133†
Net loss(47,652)(49,191)(47,019)(40,931)†(27,134)(18,476)(24,787)(19,553)†
Other comprehensive gain (loss):
Net unrealized loss on marketable securities—(11)(53)(93)†241(2)(41)54†
Net unrealized gain (loss) on marketable securities5———————
Foreign currency translation adjustment6182(46)†1610(19)25†
Comprehensive loss(47,641)(49,184)(47,070)(41,070)†(26,877)(18,468)(24,847)(19,474)†
Net loss per share — basic (in USD per share)(2.03)(2.34)(2.25)—(1.30)(0.89)(1.50)—
Net loss per share — diluted (in USD per share)(2.03)(2.34)(2.25)—(1.30)(0.89)(1.50)—
Weighted-average common shares used to compute net loss per share - basic (in shares)23,48721,01020,938—20,87620,85216,479—
Weighted-average common shares used to compute net loss per share - diluted (in shares)23,48721,01020,938—20,87620,85216,479—

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.