Lexeo Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 13, 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.
Sep 30, 2024 · Filed Nov 13, 2024
LXEO$3.06-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Cash Flows (unaudited)
Condensed Statements of Cash Flows
(Unaudited, in thousands)
| Nine Months Ended September 30, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| Cash flows from operating activities: | ||||
| Net loss | $(72,409) | $(52,207) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Reduction in the carrying amount of ROU assets, operating | 1,007 | 932 | ||
| Reduction in the carrying amount of ROU assets, finance | 245 | 227 | ||
| Stock based compensation expense | 8,967 | 2,239 | ||
| Depreciation and amortization expense | 229 | 194 | ||
| Change in fair value of convertible SAFE Note liability | - | 272 | ||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses and other current assets | 390 | 292 | ||
| Accounts payable | 4,420 | (574) | ||
| Accrued expenses and other current liabilities | 5,289 | 4,211 | ||
| Lease liabilities, operating | (974) | (1,096) | ||
| Lease liabilities, finance | 11 | (5) | ||
| Net cash used in operating activities | (52,825) | (45,515) | ||
| Cash flows from investing activities: | ||||
| Purchase of internal use software | (13) | (50) | ||
| Purchase of property and equipment | (481) | (42) | ||
| Net cash used in investing activities | (494) | (92) | ||
| Cash flows from financing activities: | ||||
| Proceeds from exercise of stock options | 468 | 51 | ||
| Payments on finance leases | (294) | (320) | ||
| Treasury stock repurchase | (13) | - | ||
| Payments of issuance costs on convertible SAFE Note | - | (11) | ||
| Proceeds from issuance of convertible SAFE Note | - | 4,000 | ||
| Proceeds from issuance of common stock upon private placement offering, net of commissions and offering costs | 88,712 | - | ||
| Net cash provided by financing activities | 88,873 | 3,720 | ||
| Net change in cash, cash equivalents and restricted cash | 35,554 | (41,887) | ||
| Cash, cash equivalents and restricted cash at beginning of period | 124,718 | 80,588 | ||
| Cash, cash equivalents and restricted cash at end of period | $160,272 | $38,701 | ||
| Supplemental disclosure of non-cash activities | ||||
| Deferred offering costs included in accounts payable and accrued expenses | $ | - | $1,004 | |
| Issuance costs related to convertible debt included in accounts payable and accrued expenses | $ | - | $125 | |
| (Property and equipment purchased in the prior period and paid in the current period), net of property and equipment purchased in the current period included in accounts payable and accrued expenses | $(141) | $73 | ||
| Finance lease right-of use assets and finance lease liabilities recognized | $22 | $ | - | |
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase, net of proceeds received from early exercise of unvested stock options subject to repurchase and recorded as deposit liabilities | $42 | $63 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.