Carmell Corp
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
View on SEC.govAbout 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.
Jun 30, 2024 · Filed Aug 14, 2024
XAGE$0.23-13.1%Stored close · as of Jul 8, 2026
Contents
Condensed Consolidated Balance Sheets
| June 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash | $2,198,275 | $2,912,461 |
| Prepaid expenses | 164,163 | 761,271 |
| Forward purchase agreement | 1,420,137 | 5,700,451 |
| Inventory | 113,872 | — |
| Income taxes receivable | 204,559 | 204,559 |
| Assets available for sale | — | 53,321,372 |
| Total current assets | 4,101,006 | 62,900,114 |
| Property and equipment, net of accumulated depreciation of $667,512 and $622,714, respectively | 148,049 | 192,846 |
| Operating lease right of use asset | 762,877 | 831,656 |
| Intangible assets, net of accumulated amortization of $48,823 and $46,559, respectively | 21,923 | 24,187 |
| Total assets | $5,033,855 | $63,948,803 |
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,095,418 | $4,417,234 |
| Accrued interest | 1,175,845 | 1,175,845 |
| Accrued expenses and other liabilities | 335,626 | 1,595,434 |
| Loans payable, net of debt discount | 21,286 | 1,288,598 |
| Operating lease liability | 149,503 | 150,136 |
| Liabilities available for sale | — | 29,874,831 |
| Total current liabilities | 5,777,678 | 38,502,078 |
| Long-term liabilities: | ||
| Operating lease liability, net of current portion | 627,949 | 697,715 |
| Total liabilities | 6,405,627 | 39,199,793 |
| Commitments and contingencies (see Note 9) | ||
| Stockholders’ (deficit) equity: | ||
| Series A convertible voting preferred stock, $0.0001 par value; -0- and 4,243 shares authorized, issued and outstanding at June 30, 2024 and December 31, 2023, respectively | — | 1 |
| Common stock, $0.0001 par value, 250,000,000 shares authorized, and 20,905,407 and 23,090,585 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 2,091 | 2,309 |
| Additional paid-in capital | 63,705,035 | 83,250,101 |
| Accumulated deficit | (65,078,898) | (58,503,401) |
| Total stockholders’ (deficit) equity | (1,371,772) | 24,749,010 |
| Total liabilities and stockholders’ (deficit) equity | $5,033,855 | $63,948,803 |
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