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Dec 31, 2023

RAPT Q4 2023 Earnings Report

Reported financial results for the fourth quarter and year ended December 31, 2023.

Key Takeaways

RAPT Therapeutics reported a net loss of $30.9 million for the fourth quarter of 2023, compared to a net loss of $23.0 million for the fourth quarter of 2022. The company's cash and cash equivalents and marketable securities totaled $158.9 million as of December 31, 2023.

Net loss for the fourth quarter of 2023 was $30.9 million.

Research and development expenses for the fourth quarter of 2023 were $26.8 million.

General and administrative expenses for the fourth quarter of 2023 were $6.5 million.

Cash and cash equivalents and marketable securities were $158.9 million as of December 31, 2023.

Total Revenue
$5.29M
Previous year: $641K
+725.0%
EPS
-$0.8
Previous year: -$0.64
+25.0%
Gross Profit
$4.97M
Cash and Equivalents
$47.5M
Previous year: $38.9M
+21.9%
Free Cash Flow
-$27.8M
Previous year: -$22.9M
+21.5%
Total Assets
$173M
Previous year: $266M
-34.9%

RAPT

RAPT