Akari Therapeutics Plc
For the period ended Sep 30, 2024. Filed Nov 19, 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 19, 2024
AKTX$7.66+3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| (In thousands, except share and per share amounts) | 2024 | 2023* |
| ASSETS | ||
| Current assets: | ||
| Cash | $2,246 | $3,845 |
| Prepaid expenses | 396 | 299 |
| Other current assets | 92 | 197 |
| Total current assets | 2,734 | 4,341 |
| Patent acquisition costs, net | — | 14 |
| Total assets | $2,734 | $4,355 |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $4,782 | $1,671 |
| Accrued expenses | 2,605 | 1,566 |
| Convertible notes, related party | 1,000 | — |
| Warrant liability | 725 | 1,253 |
| Other current liabilities | 316 | 94 |
| Total current liabilities | 9,428 | 4,584 |
| Commitments and contingencies (Note 9) | ||
| Shareholders’ deficit: | ||
| Share capital of $0.0001 par value | ||
| Authorized: 45,122,321,523 ordinary shares at September 30, 2024 and December 31, 2023, respectively; issued and outstanding: 24,289,231,523 and 13,234,315,298 at September 30, 2024 and December 31, 2023, respectively | 2,430 | 1,324 |
| Additional paid-in capital | 183,088 | 174,754 |
| Capital redemption reserve | 52,194 | 52,194 |
| Accumulated other comprehensive loss | (926) | (1,040) |
| Accumulated deficit | (243,480) | (227,461) |
| Total shareholders’ deficit | (6,694) | (229) |
| Total liabilities and shareholders' deficit | $2,734 | $4,355 |
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- The condensed balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date.
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