NUVL · As filed with the SEC
Nuvalent income statement, by fiscal year
The statement as Nuvalent 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.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Operating expenses: | ||||
| Research and development | 306,970,000 | 217,774,000 | 113,243,000 | 63,731,000 |
| General and administrative | 107,337,000 | 62,594,000 | 36,249,000 | 22,377,000 |
| Total operating expenses | 414,307,000 | 280,368,000 | 149,492,000 | 86,108,000 |
| Loss from operations | (414,307,000) | (280,368,000) | (149,492,000) | (86,108,000) |
| Other income (expense): | ||||
| Change in fair value of preferred stock tranche rights | — | — | — | 0 |
| Interest income and other income, net | — | — | — | 4,254,000 |
| Change in fair value of related party revenue share liability | (55,220,000) | (17,940,000) | — | — |
| Interest income and other income (expense), net | 44,735,000 | 38,316,000 | 23,273,000 | — |
| Total other income (expense), net | (10,485,000) | 20,376,000 | 23,273,000 | 4,254,000 |
| Loss before income taxes | (424,792,000) | (259,992,000) | — | — |
| Income tax provision | 585,000 | 764,000 | — | — |
| Net loss | (425,377,000) | (260,756,000) | (126,219,000) | (81,854,000) |
| Net loss per share attributable to Class A and Class B common stockholders, basic | (5.85) | (3.93) | (2.17) | (1.65) |
| Net loss per share attributable to Class A and Class B common stockholders, diluted | (5.85) | (3.93) | (2.17) | (1.65) |
| Weighted average shares of Class A and Class B common stock outstanding, basic | 72,686,749 | 66,408,807 | 58,223,339 | 49,668,864 |
| Weighted average shares of Class A and Class B common stock outstanding, diluted | 72,686,749 | 66,408,807 | 58,223,339 | 49,668,864 |
| Comprehensive loss: | ||||
| Net loss | (425,377,000) | (260,756,000) | (126,219,000) | (81,854,000) |
| Other comprehensive income (loss): | ||||
| Unrealized gains (losses) on marketable securities | 2,412,000 | (90,000) | 525,000 | (266,000) |
| Comprehensive loss | (422,965,000) | (260,846,000) | (125,694,000) | (82,120,000) |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.