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
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Condensed Statements of Operations and Comprehensive Loss (unaudited)
Condensed Statements of Operations and Comprehensive Loss
(Unaudited, in thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses | ||||
| Research and development | $23,423 | $17,246 | $55,725 | $44,920 |
| General and administrative | 8,120 | 3,027 | 22,659 | 8,619 |
| Total operating expenses | 31,543 | 20,273 | 78,384 | 53,539 |
| Operating loss | (31,543) | (20,273) | (78,384) | (53,539) |
| Other income and expense | ||||
| Loss on fair value adjustment to convertible SAFE Note | - | (272) | - | (272) |
| Other income (expense), net | (3) | 1 | (9) | (6) |
| Interest expense | (35) | (52) | (107) | (155) |
| Interest income | 2,092 | 488 | 6,091 | 1,765 |
| Total other income and expense | 2,054 | 165 | 5,975 | 1,332 |
| Loss from operations before income taxes | (29,489) | (20,108) | (72,409) | (52,207) |
| Income taxes | - | - | - | - |
| Net loss and comprehensive loss | $(29,489) | $(20,108) | $(72,409) | $(52,207) |
| Net loss per common share, basic and diluted | $(0.89) | $(12.36) | $(2.31) | $(32.24) |
| Weighted average number of shares outstanding used in computation of net loss per common share, basic and diluted | 33,063,153 | 1,626,734 | 31,354,821 | 1,619,152 |
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