Jounce Therapeutics, Inc.
CIK 0001640455Non-AcceleratedSmaller ReportingBiological Products, (No Diagnostic Substances)DelawareFY ends Dec 31
Period
FY 2022
Revenue
—
Net Income
$-50.92M
Total Assets
$212.55M
Equity
$183.11M
Shares Out
52.14M
Op. Cash Flow
$-28.88M
Business
Jounce Therapeutics, Inc. is a former operating company in Biological Products, (No Diagnostic Substances), incorporated in Delaware. Securities are no longer actively traded on a major U.S. exchange.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 | FY 2019 2019-12-31 | FY 2018 2018-12-31 |
|---|---|---|---|---|---|---|
| License and collaboration revenuerelated party | 82 | 27 | 62 | 148 | 65 | |
| Research and development | 103 | 89 | 79 | 67 | 70 | |
| General and administrative | 31 | 29 | 29 | 28 | 26 | |
| Total operating expenses | 134 | 118 | 107 | 95 | 96 | |
| Operating loss | −52 | −91 | −45 | 53 | −31 | |
| Other income, net | 1 | 199,000 | 1 | 4 | 4 | |
| Loss before provision for income taxes | −51 | −91 | −44 | 57 | −27 | |
| Provision for income taxes | 135,000 | 15,000 | 14,000 | 46,000 | 46,000 | |
| Net loss | −51 | −91 | −44 | 57 | −27 | |
| Net loss per share, basic (in dollars per share) | −0.99 | −1.82 | −1.24 | 1.72 | −0.84 | |
| Net loss per share, diluted (in dollars per share) | −0.99 | −1.82 | −1.24 | 1.66 | −0.84 | |
| Weighted-average common shares outstanding, basic (in shares) | 52 | 50 | 35 | 33 | 33 | |
| Weighted-average common shares outstanding, diluted (in shares) | 52 | 50 | 35 | 34 | 33 | |
| Unrealized loss on available-for-sale securities | −439,000 | −221,000 | −71,000 | 132,000 | 331,000 | |
| Comprehensive loss | −51 | −91 | −44 | 57 | −27 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 | FY 2019 2019-12-31 | FY 2018 2018-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 151 | 96 | 147 | 53 | 48 | |
| Short-term investments | 39 | 83 | 59 | 116 | 142 | |
| Prepaid expenses and other current assets | 8 | 12 | 5 | 5 | 2 | |
| Total current assets | 197 | 191 | 211 | 174 | 192 | |
| Property and equipment, net | 4 | 5 | 7 | 11 | 14 | |
| Long-term investments | 0 | 42 | 7 | 2 | 6 | |
| Operating lease right-of-use asset | 9 | 12 | 15 | 18 | 20 | |
| Other non-current assets | 3 | 3 | 4 | 2 | 3 | |
| Total assets | 213 | 253 | 244 | 206 | 214 | |
| Accounts payable | 2 | 2 | 2 | 2 | 3 | |
| Accrued expenses | 17 | 13 | 12 | 9 | 7 | |
| Operating lease liability, current | 4 | 4 | 3 | 3 | 3 | |
| Other current liabilities | 178,000 | 62,000 | 42,000 | 132,000 | 104,000 | |
| Total current liabilities | 24 | 19 | 19 | 14 | 66 | |
| Operating lease liability, net of current portion | 6 | 10 | 14 | 17 | 20 | |
| Total liabilities | 29 | 29 | 33 | 31 | 110 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Preferred stock, $0.001 par value: 5,000 shares authorized at December 31, 2022 and 2021; no shares issued or outstanding at December 31, 2022 and 2021 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value: 160,000 shares authorized at December 31, 2022 and 2021; 51,694 and 51,265 shares issued at December 31, 2022 and 2021, respectively; 51,694 and 51,265 shares outstanding at December 31, 2022 and 2021, respectively | 51,000 | 51,000 | 42,000 | 34,000 | 33,000 | |
| Additional paid-in capital | 477 | 466 | 362 | 282 | 268 | |
| Accumulated other comprehensive loss | −677,000 | −238,000 | −17,000 | 54,000 | −78,000 | |
| Accumulated deficit | −293 | −242 | −151 | −107 | −164 | |
| Total stockholders equity | 183 | 224 | 211 | 175 | 104 | |
| Total liabilities and stockholders equity | 213 | 253 | 244 | 206 | 214 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 | FY 2019 2019-12-31 | FY 2018 2018-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation expense | 10 | 11 | 10 | 10 | 9 | |
| Depreciation expense | 2 | 3 | 3 | 4 | 4 | |
| Net amortization of premiums and discounts on investments | 903,000 | 921,000 | 47,000 | −1 | −1 | |
| Gain on sale of property and equipment | −103,000 | 0 | — | — | 0 | |
| Prepaid expenses and other current assets | 5 | −7 | −236,000 | −1 | — | |
| Other non-current assets | 451,000 | 490,000 | −1 | −728,000 | 0 | |
| Accounts payable | 421,000 | −329,000 | −296,000 | −944,000 | 562,000 | |
| Accrued expenses and other current liabilities | 4 | 1 | 3 | 2 | −1 | |
| Deferred revenuerelated party | 0 | −2 | 2 | −98 | −65 | |
| Other liabilities | −387,000 | −189,000 | −142,000 | 4,000 | 107,000 | |
| Net cash used in operating activities | −29 | −83 | −28 | −30 | −64 | |
| Purchases of investments | −25 | −130 | −86 | −189 | −253 | |
| Proceeds from maturities of investments | 109 | 70 | 137 | 221 | 337 | |
| Purchases of property and equipment | −919,000 | −373,000 | −94,000 | −985,000 | −1 | |
| Net cash provided by (used in) by investing activities | 83 | −61 | 51 | 31 | 86 | |
| Proceeds from at the market offering, net of issuance costs | 0 | 91 | 14 | 4 | 0 | |
| Proceeds from exercise of stock options | 442,000 | 1 | 600,000 | 437,000 | 2 | |
| Net cash provided by financing activities | 442,000 | 92 | 71 | 4 | 2 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 55 | −52 | 94 | 5 | 24 | |
| Purchases of property and equipment in accounts payable and accrued expenses | 14,000 | 0 | 0 | 29,000 | 31,000 | |
| Stock option exercise receivables in prepaid expenses and other current assets | 0 | 50,000 | 0 | — | — | |
| Cash paid for lease liabilities | 5 | 5 | 4 | 4 | 0 | |
| Cash paid for income taxes | 17,000 | 8,000 | 45,000 | 101,000 | 0 |
Filings
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Frequently asked questions
What is Jounce Therapeutics, Inc.'s CIK number?
Jounce Therapeutics, Inc.'s SEC CIK number is 0001640455 (1640455). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Jounce Therapeutics, Inc.'s SEC filings?
All of Jounce Therapeutics, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.