2SEVENTY BIO, INC. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.
Related Topics: SEC Topic List.
Data Source: SEC.

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2SEVENTY BIO, INC. - Annual Income Statement (In Thousands of USD, Except Per Share Amounts)
Breakdown 2024-12-31 2023-12-31
Collaborative arrangement revenue 19744 71601
Total revenues 37862 100387
Research and development 76917 230758
Cost of manufacturing for commercial collaboration 18010 14819
Selling, general and administrative 43924 69414
Share of collaboration loss -4553 0
Restructuring expenses 12303 8614
Cost of royalty and other revenue 0 2099
Change in fair value of contingent consideration -2415 235
Goodwill impairment charge 0 12056
Total operating expenses 153292 337995
Loss from operations -115430 -237608
Interest income, net 10875 12413
Other income, net 4347 7625
Loss before income taxes -57247 -217570
Income tax expense 0 0
Net loss -57247 -217570
Basic Earnings Per Share -1.1 -4.42
Diluted Earnings Per Share -1.1 -4.42
Basic Weighted Average Shares Outstanding 52218 49276
Diluted Weighted Average Shares Outstanding 52218 49276
Other comprehensive income, net of tax benefit (expense) of $0.0 million and $0.0 million for the years ended December 31, 2024 and 2023, respectively. 293 2673
Comprehensive loss -56954 -214897
Other comprehensive income (loss), net of tax benefit (expense) 0 0