Aerovate Therapeutics
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. over the previous period. Total operating expenses were $81,409,000.

Profit Margin

Aerovate Therapeutics, Inc. (NASDAQ:AVTE): Profit margin
2019 0 -3.33M
2020 0 -9.03M
2021 0 -22.96M
2022 0 -51.51M
2023 0 -75.52M

AVTE Income Statement (2019 โ€“ 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
00000
Cost of revenue
96K68K15K1K0
Gross profit
-96K-68K-15K-1K0
Operating exp.
Research and development
64.21M38.62M14.98M7.94M3.11M
Selling and marketing
00000
Total operating expenses
81.40M53.23M23.02M8.88M3.33M
Operating income
-81.40M-53.23M-23.02M-8.88M-3.33M
Other income (expenses), net
5.94M1.75M62K-722K1K
Income before tax
-75.46M-51.48M-22.96M-9.61M-3.33M
Income tax expense
56K25K3K-572K1K
Net income
-75.52M-51.51M-22.96M-9.03M-3.33M
Earnings per share
Basic EPS
-2.87-2.1-0.94-0.37-0.14
Diluted EPS
-2.87-2.1-0.94-0.37-0.14
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