Candel Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
CADL$8.75+8.8%Stored close · as of Nov 6, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| THREE MONTHS ENDEDMARCH 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating expenses: | ||
| Research and development | $4,102 | $5,469 |
| General and administrative | 3,800 | 4,164 |
| Total operating expenses | 7,902 | 9,633 |
| Loss from operations | (7,902) | (9,633) |
| Other income (expense): | ||
| Grant income | — | 12 |
| Interest income | 320 | 711 |
| Interest expense | (646) | (609) |
| Change in fair value of warrant liability | 7 | 724 |
| Total other income (expense), net | (319) | 838 |
| Net loss and comprehensive loss | $(8,221) | $(8,795) |
| Net loss per share, basic and diluted | $(0.28) | $(0.30) |
| Weighted-average common shares outstanding, basic and diluted | 29,197,537 | 28,919,810 |
Candel ThErapeutics, Inc.
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