VACCINEX INC
For the period ended Sep 30, 2024. Filed Nov 14, 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 14, 2024
VCNX$1.41-61.4%Stored close · as of Dec 17, 2024
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Condensed Statements of Operations and Comprehensive Loss (Unaudited)
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $52 | $20 | $388 | $570 |
| Costs and expenses: | ||||
| Research and development | 3,165 | 4,355 | 10,412 | 13,217 |
| General and administrative | 1,439 | 1,499 | 5,324 | 5,250 |
| Total costs and expenses | 4,604 | 5,854 | 15,736 | 18,467 |
| Loss from operations | (4,552) | (5,834) | (15,348) | (17,897) |
| Interest expense | - | - | - | (1) |
| Loss on settlement of warrants | (1,106) | - | (1,106) | - |
| Financing costs - warrant liabilities | - | - | (28) | - |
| Change in fair value of warrant liabilities | (71) | - | 1,291 | - |
| Change in fair value of derivative asset | - | - | (81) | - |
| Other income (expense), net | (3) | 922 | 12 | 964 |
| Loss before provision for income taxes | (5,732) | (4,912) | (15,260) | (16,934) |
| Provision for income taxes | - | - | - | - |
| Net loss attributable to Vaccinex, Inc. common stockholders | $(5,732) | $(4,912) | $(15,260) | $(16,934) |
| Comprehensive loss | $(5,732) | $(4,912) | $(15,260) | $(16,934) |
| Net loss per share attributable to Vaccinex, Inc. common stockholders, basic and diluted | $(2.83) | $(15.25) | $(8.85) | $(59.95) |
| Weighted-average shares used in computing net loss per share attributable to Vaccinex, Inc. common stockholders, basic and diluted | 2,026,920 | 322,153 | 1,724,088 | 282,467 |
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