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MEDICINOVA INC

For the period ended Dec 31, 2024. Filed Feb 19, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 19, 2025

MNOV$1.40-4.8%Stored close · as of Nov 10, 2026

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Consolidated Statements of Operations and Comprehensive Loss

Years ended December 31,
20242023
Revenues$—$1,000,000
Operating expenses:
Research, development and patents7,194,7315,657,895
General and administrative5,480,6005,242,370
Total operating expenses12,675,33110,900,265
Operating loss(12,675,331)(9,900,265)
Interest income1,670,8041,834,665
Other expense, net(39,485)(502,869)
Loss before income taxes(11,044,012)(8,568,469)
Income tax expense(5,537)(3,047)
Net loss$(11,049,549)$(8,571,516)
Basic and diluted net loss per common share$(0.23)$(0.17)
Shares used to compute basic and diluted net loss per common share49,046,24649,046,246
Net loss$(11,049,549)$(8,571,516)
Other comprehensive loss, net of tax:
Foreign currency translation adjustments(17,064)(2,805)
Comprehensive loss$(11,066,613)$(8,574,321)
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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.