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Document and Entity Information - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 | Feb. 28, 2019 | Jun. 30, 2018 | |
Document And Entity Information [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2018 | ||
Document Fiscal Year Focus | 2018 | ||
Document Fiscal Period Focus | FY | ||
Trading Symbol | ADVM | ||
Entity Registrant Name | Adverum Biotechnologies, Inc. | ||
Entity Central Index Key | 0001501756 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Filer Category | Accelerated Filer | ||
Entity Emerging Growth Company | true | ||
Entity Ex Transition Period | true | ||
Entity Small Business | true | ||
Entity Shell Company | false | ||
Entity Common Stock, Shares Outstanding | 63,201,009 | ||
Entity Public Float | $ 294.8 |
Please wait while we load the requested 10-K report or click the link below:
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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Adverum Biotechnologies, Inc..
Adverum Biotechnologies, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:
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The following table sets forth the primary sources and uses of cash for each of the periods presented below: Cash Used in Operating Activities Net cash used in operating activities for the year ended December 31, 2018 was $54.0 million, primarily as a result of the net loss of $72.6 million mainly driven by our continued research and development activities, partially offset by $20.3 million of non-cash charges mainly related to stock-based compensation expense, impairment of intangible asset and depreciation and amortization expense, and $1.6 million of net decrease in operating assets and liabilities.
We expect to incur substantial expenses and increasing losses from operations in the foreseeable future as we continue our research and development efforts, advance our product candidates through preclinical and clinical development, manufacture clinical trial materials, seek regulatory approval, and prepare for and, if approved, proceed to commercialization.
Factors that could cause or contribute to these differences include those discussed below and elsewhere in this Annual Report on Form 10-K, particularly in "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors."
We anticipate increased expenses related to audit, legal, regulatory, and investor relations functions associated with being a public reporting company.
We anticipate increased expenses related to audit, legal, regulatory, and investor relations functions associated with being a public reporting company.
Revenue Our revenue for the...Read more
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Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
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Adverum Biotechnologies, Inc. provided additional information to their SEC Filing as exhibits
Ticker: ADVM
CIK: 1501756
Form Type: 10-K Annual Report
Accession Number: 0001564590-19-006536
Submitted to the SEC: Wed Mar 06 2019 12:31:25 PM EST
Accepted by the SEC: Wed Mar 06 2019
Period: Monday, December 31, 2018
Industry: Biological Products No Disgnostic Substances