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Galecto Inc

For the period ended Sep 30, 2024. Filed Nov 1, 2024.

View on SEC.gov

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.

Sep 30, 2024 · Filed Nov 1, 2024

DMRA$24.15+0.3%Stored close · as of Nov 10, 2026

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

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Condensed Consolidated Statements of Changes in Stockholders’ Equity

(in thousands, except share amounts)

Three Months Ended · Common Stock · AdditionalPaid-In · Accumulated · Accumulated OtherComprehensive · TotalStockholders’
September 30, 2024 · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at June 30, 20241,084,840$—$290,291$(266,900)$197$23,588
Stock-based compensation expense——681——681
Issuance of common stock in connection with vesting of restricted stock units5,945—81——81
Round-up shares from the 1-for-25 reverse split effective August 29, 2024163,058—————
Other comprehensive income, net————468468
Net loss———(3,883)—(3,883)
Balance at September 30, 20241,253,843$—$291,053$(270,783)$665$20,935
Three Months EndedCommon StockAdditionalPaid-InAccumulatedAccumulated OtherComprehensiveTotalStockholders’
September 30, 2023SharesAmountCapitalDeficitIncome (Loss)Equity
Balance at June 30, 20231,080,876$—$285,311$(241,474)$(137)$43,700
Stock-based compensation expense——1,464——1,464
Issuance of common stock; net of issuance costs3,632—171——171
Other comprehensive income, net————183183
Net loss———(8,136)—(8,136)
Balance at September 30, 20231,084,508$—$286,946$(249,610)$46$37,382

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(in thousands, except share amounts)

Nine Months Ended · Common Stock · AdditionalPaid-In · Accumulated · Accumulated OtherComprehensive · TotalStockholders’
September 30, 2024 · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at December 31, 20231,084,507$—$288,036$(256,085)$380$32,331
Stock-based compensation expense——2,931——2,931
Issuance of common stock in connection with vesting of restricted stock units6,278—86——86
Round-up shares from the 1-for-25 reverse split effective August 29, 2024163,058—————
Other comprehensive income, net————285285
Net loss———(14,698)—(14,698)
Balance at September 30, 20241,253,843$—$291,053$(270,783)$665$20,935
Nine Months EndedCommon StockAdditionalPaid-InAccumulatedAccumulated OtherComprehensiveTotalStockholders’
September 30, 2023SharesAmountCapitalDeficitIncome (Loss)Equity
Balance at December 31, 20221,026,096$—$279,733$(217,736)$(244)$61,753
Stock-based compensation expense——4,337——4,337
Issuance of common stock; net of issuance costs of $0.2 million58,412—2,876——2,876
Other comprehensive income, net————290290
Net loss———(31,874)—(31,874)
Balance at September 30, 20231,084,508$—$286,946$(249,610)$46$37,382
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.