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Akari Therapeutics Plc

For the period ended Mar 31, 2024. Filed May 15, 2024.

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About this filing

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 15, 2024

AKTX$7.66+3.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Condensed Consolidated Balance Sheets

March 31,December 31,
(In thousands, except share and per share amounts)20242023*
ASSETS
Current assets:
Cash$1,310$3,845
Prepaid expenses1,230299
Other current assets232197
Total current assets2,7724,341
Patent acquisition costs, net—14
Total assets$2,772$4,355
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities:
Accounts payable$3,208$1,671
Accrued expenses1,5301,566
Warrant liability6041,253
Other current liabilities98394
Total current liabilities6,3254,584
Commitments and contingencies (Note 9)
Shareholders’ deficit:
Share capital of $0.0001 par value
Authorized: 45,122,321,523 ordinary shares at March 31, 2024 and December 31, 2023, respectively; issued and outstanding: 15,973,121,298 and 13,234,315,298 at March 31, 2024 and December 31, 2023, respectively1,5981,324
Additional paid-in capital176,443174,754
Capital redemption reserve52,19452,194
Accumulated other comprehensive loss(761)(1,040)
Accumulated deficit(233,027)(227,461)
Total shareholders’ deficit(3,553)(229)
Total liabilities and shareholders' deficit$2,772$4,355

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  • The condensed balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.