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Mereo BioPharma Group plc

For the period ended Dec 31, 2024. Filed Mar 26, 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 26, 2025

MREO$0.30+0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated statements of operations and comprehensive loss

Year Ended December 31,
20242023
Revenue$—$10,000
Operating expenses:
Cost of revenue—(2,574)
Research and development(20,930)(17,418)
General and administrative(26,434)(18,424)
Loss from operations(47,364)(28,416)
Other income/(expenses)
Interest income3,0412,131
Interest expense(1,370)(2,881)
Changes in the fair value of warrants(419)245
Foreign currency transaction gain/(loss), net1,210(2,347)
Other expenses, net—(10)
Benefit from research and development tax credit1,6491,280
Net loss before income tax(43,253)(29,998)
Income tax benefit—532
Net loss$(43,253)$(29,466)
Loss per share – basic and diluted$(0.06)$(0.04)
Weighted average shares outstanding – basic and diluted739,624,264659,453,921
Net loss$(43,253)$(29,466)
Other comprehensive (loss)/income – Foreign currency translation adjustments, net of tax(1,364)4,202
Total comprehensive loss$(44,617)$(25,264)
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.