Company: ARVN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001655759-25-000016
Chunk: 72

Company: ARVINAS, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 72
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.3 0.5 Total liabilities529.7 644.6 Commitments and contingencies (Note 12)Stockholders' equity:Preferred stock, $0.001 par value, zero shares issued and outstanding as of December 31, 2024 and 2023, respectively— — Common stock, $0.001 par value, 68.8 and 68.0 shares issued and outstanding as of December 31, 2024 and 2023, respectively0.1 0.1 Accumulated deficit(1,531.6)(1,332.7)Additional paid-in capital2,092.2 1,995.7 Accumulated other comprehensive income (loss)1.0 (3.1)Total stockholders' equity561.7 660.0 Total liabilities and stockholders' equity$1,091.4 $1,304.6 

See accompanying notes to the consolidated financial statements

F - 4

ARVINAS, INC. AND SUBSIDIARIES

Consolidated Statements of Operations and Comprehensive Loss 

(dollars and shares in millions, except per share amounts)Year Ended December 31,Consolidated Statements of Operations202420232022Revenue$263.4 $78.5 $131.4 Operating expenses:Research and development348.2 379.7 315.0 General and administrative165.4 100.3 79.6 Total operating expenses513.6 480.0 394.6 Loss from operations(250.2)(401.5)(263.2)Other income (expense)Other (expense) income, net(2.9)(1.2)0.2 Interest income, net54.8 38.8 12.0 Total other income51.9 37.6 12.2 Net loss before income taxes and loss from equity method investment(198.3)(363.9)(251.0)Income tax expense(0.6)(0.9)(20.9)Loss from equity method investment— (2.5)(10.6)Net loss$(198.9)$(367.3)$(282.5)Net loss per common share - basic and diluted$(2.77)$(6.62)$(5.31)Weighted-average common shares outstanding - basic and diluted71.9 55