Lexeo Therapeutics, Inc.
For the period ended Dec 31, 2024. Filed Mar 24, 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 Mar 24, 2025
LXEO$3.14+8.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating expenses | ||
| Research and development | $74,091 | $53,130 |
| General and administrative | 31,675 | 15,383 |
| Total operating expenses | 105,766 | 68,513 |
| Operating loss | (105,766) | (68,513) |
| Other income and expense | ||
| Loss on fair value adjustment to convertible SAFE Note | - | (530) |
| Other income (expense), net | (9) | (13) |
| Interest expense | (137) | (205) |
| Interest income | 7,556 | 2,867 |
| Accretion of discount on investments | 23 | - |
| Total other income and expense | 7,433 | 2,119 |
| Loss from operations before income taxes | (98,333) | (66,394) |
| Income taxes | - | - |
| Net loss | $(98,333) | $(66,394) |
| Other comprehensive loss | ||
| Net unrealized loss on investments | (103) | - |
| Total other comprehensive loss | (103) | - |
| Comprehensive loss | $(98,436) | $(66,394) |
| Net loss per common share, basic and diluted | $(3.09) | $(12.40) |
| Weighted average number of shares outstanding used in computation of net loss per common share, basic and diluted | 31,787,491 | 5,354,368 |
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