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Akari Therapeutics Plc

For the period ended Sep 30, 2024. Filed Nov 19, 2024.

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About 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 19, 2024

AKTX$7.13-6.9%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Loss

Condensed Consolidated Statements of Operations

and Comprehensive Loss

Three Months Ended · Nine Months Ended
September 30,September 30,
(In thousands, except share and per share amounts)2024202320242023
Operating expenses:
Research and development$143$(314)$5,736$2,941
General and administrative1,7092,8216,6168,775
Merger-related costs992—2,290—
Restructuring and other costs83—1,723—
Loss from operations(2,927)(2,507)(16,365)(11,716)
Other income (expense):
Interest income316775
Interest expense(69)—(120)—
Change in fair value of warrant liability30(258)5285,889
Foreign currency exchange gain (loss), net68(100)(67)(72)
Other expense, net—(22)(2)(46)
Total other income (expense), net32(364)3465,846
Net loss$(2,895)$(2,871)$(16,019)$(5,870)
Net loss per share –– basic and diluted$(0.00)$(0.00)$(0.00)$(0.00)
Weighted-average number of ordinary shares used in computing net loss per share –– basic and diluted24,386,005,52310,116,903,59818,911,928,79410,119,421,200
Comprehensive loss:
Net loss$(2,895)$(2,871)$(16,019)$(5,870)
Other comprehensive income, net of tax:
Foreign currency translation adjustment(177)(3)114(58)
Total other comprehensive income, net of tax(177)(3)114(58)
Total comprehensive loss$(3,072)$(2,874)$(15,905)$(5,928)
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.