Carmell Corp
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 14, 2024
XAGE$0.23-13.1%Stored close · as of Jul 8, 2026
Contents
Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash | $1,137,325 | $2,912,461 |
| Prepaid expenses | 430,036 | 761,271 |
| Forward purchase agreement | — | 5,700,451 |
| Inventory | 97,890 | — |
| Income taxes receivable | 204,559 | 204,559 |
| Accounts receivable and other current assets | 15,079 | |
| Assets available for sale | — | 53,321,372 |
| Total current assets | 1,884,889 | 62,900,114 |
| Operating lease right of use asset | 404,971 | 831,656 |
| Property and equipment, net of accumulated depreciation of $684,345 and $622,715, respectively | 131,216 | 192,846 |
| Intangible assets, net of accumulated amortization of $49,968 and $46,559, respectively | 20,778 | 24,187 |
| Total assets | $2,441,854 | $63,948,803 |
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,214,294 | $4,417,234 |
| Accrued interest | 1,175,845 | 1,175,845 |
| Accrued expenses and other liabilities | 334,569 | 1,595,434 |
| Loans payable, net of debt discount | 362,967 | 1,288,598 |
| Operating lease liability | 86,163 | 150,136 |
| Liabilities available for sale | — | 29,874,831 |
| Total current liabilities | 6,173,838 | 38,502,078 |
| Long-term liabilities: | ||
| Operating lease liability, net of current portion | 332,573 | 697,715 |
| Total liabilities | 6,506,411 | 39,199,793 |
| Commitments and contingencies (see Note 10) | ||
| Stockholders’ (deficit) equity: | ||
| Series A convertible voting preferred stock, $0.0001 par value; -0- and 4,243 shares authorized, issued and outstanding at September 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 September 30, 2024 and December 31, 2023, respectively | 2,091 | 2,309 |
| Additional paid-in capital | 63,890,731 | 83,250,101 |
| Accumulated deficit | (67,957,379) | (58,503,401) |
| Total stockholders’ (deficit) equity | (4,064,557) | 24,749,010 |
| Total liabilities and stockholders’ (deficit) equity | $2,441,854 | $63,948,803 |
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