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March 2023
March 2023
March 2023
November 2022
November 2022
October 2022
August 2022
August 2022
August 2022
August 2022
Document and Entity Information - USD ($) | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Mar. 10, 2023 | Jun. 30, 2022 | |
Cover [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2022 | ||
Document Fiscal Year Focus | 2022 | ||
Document Fiscal Period Focus | FY | ||
Entity Registrant Name | Unity Biotechnology, Inc. | ||
Entity Central Index Key | 0001463361 | ||
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 | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | true | ||
Entity Shell Company | false | ||
Entity Ex Transition Period | false | ||
Entity Interactive Data Current | Yes | ||
Entity Common Stock, Shares Outstanding | 14,339,119 | ||
Entity Public Float | $ 32,542,134 | ||
Entity File Number | 001-38470 | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Tax Identification Number | 26-4726035 | ||
Entity Address, Address Line One | 285 East Grand Ave. | ||
Entity Address, City or Town | South San Francisco | ||
Entity Address, State or Province | CA | ||
Entity Address, Postal Zip Code | 94080 | ||
City Area Code | 650 | ||
Local Phone Number | 416-1192 | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
ICFR Auditor Attestation Flag | false | ||
Title of 12(b) Security | Common Stock, par value $0.0001 | ||
Security Exchange Name | NASDAQ | ||
Trading Symbol | UBX | ||
Auditor Firm ID | 42 | ||
Auditor Name | Ernst & Young LLP | ||
Auditor Location | San Mateo, California | ||
Documents Incorporated by Reference | DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s Definitive Proxy Statement relating to the 2023 Annual Meeting of Shareholders, scheduled to be held on June 23, 2023, are incorporated by reference into Part III of this Report. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the end of the fiscal year covered by this Annual Report on Form 10-K. |
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Unity Biotechnology, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:
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Cash provided by financing activities of $63.9 million for the year ended December 31, 2020 was related to $37.3 million in proceeds from the sale of common stock through our ATM Offering Program, net of issuance costs, $24.2 million in proceeds from long-term debt, net of issuance costs, $1.5 million in proceeds from issuance of common stock upon exercise of stock options, net of repurchases, $0.6 million in proceeds from the issuance of common stock under the 2018 Employee Stock Purchase Plan, and $0.4 million in proceeds from the repayment of promissory notes from an employee.
Cash provided by financing activities of $20.8 million for the year ended December 31, 2021 was related to $10.4 million in proceeds from the sale of common stock through our ATM Offering Program, net of issuance costs, $8.2 million in proceeds from issuance of common stock to Lincoln Park Capital Fund, net of issuance costs, $1.8 million in proceeds from issuance of common stock upon exercise of stock options, net of repurchases, $0.3 million in proceeds from the issuance of common stock under the 2018 Employee Stock Purchase Plan and $0.2 million in proceeds from the repayment of employee promissory note, partially offset by $0.1 million current portion of long-term debt arrangement.
Financing Activities Cash provided by financing activities of $54.9 million for the year ended December 31, 2022 was related to $41.7 million in proceeds from issuance of common stock and warrants from our Follow-On Offering, net of issuance costs, $12.2 million in proceeds from the sale of common stock through our ATM Offering Program, net of issuance costs, $0.9 million in proceeds from issuance of common stock to Lincoln Park Capital Fund, net of issuance costs, and $0.1 million in proceeds from the issuance of common stock under the 2018 Employee Stock Purchase Plan.
Cowen is entitled to up to 3.0% of the gross proceeds of any shares of common stock sold under the March 2022 Sales Agreement.
Cowen is entitled to up to 3.0% of the gross proceeds of any shares of common stock sold under the October 2022 Sales Agreement.
We have historically financed our...Read more
In December 2021, we entered...Read more
Components of Our Results of...Read more
Payments made prior to the...Read more
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In October 2022, we filed...Read more
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Other Income (Expense), Net Other...Read more
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In November 2022, we announced...Read more
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UBX1325 demonstrated a favorable safety...Read more
As of December 31, 2022,...Read more
As of December 31, 2022,...Read more
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Research and development costs include,...Read more
The net proceeds to us...Read more
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Although we do not expect...Read more
Personnel costs consist of salaries,...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Unity Biotechnology, Inc. provided additional information to their SEC Filing as exhibits
Ticker: UBX
CIK: 1463361
Form Type: 10-K Annual Report
Accession Number: 0000950170-23-008171
Submitted to the SEC: Wed Mar 15 2023 4:31:52 PM EST
Accepted by the SEC: Wed Mar 15 2023
Period: Saturday, December 31, 2022
Industry: Pharmaceutical Preparations