Galecto, Inc.
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
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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.
Jun 30, 2025 · Filed Aug 5, 2025
DMRA$24.07+1.6%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
(in thousands, except share and per share amounts)
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets · (unaudited) | ||
| Current assets | ||
| Cash and cash equivalents | $10,211 | $14,175 |
| Prepaid expenses and other current assets | 2,816 | 2,664 |
| Total current assets | 13,027 | 16,839 |
| Operating lease right-of-use asset | 75 | 73 |
| Equipment, net | 47 | 57 |
| Other assets, noncurrent | 542 | 163 |
| Total assets | $13,691 | $17,132 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $756 | $377 |
| Accrued expenses and other current liabilities | 1,873 | 820 |
| Total current liabilities | 2,629 | 1,197 |
| Operating lease liabilities, noncurrent | 60 | 61 |
| Other liabilities, noncurrent | 49 | 43 |
| Total liabilities | 2,738 | 1,301 |
| Commitments and contingencies (Note 8) | ||
| Mezzanine equity | ||
| Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized at June 30, 2025 and December 31, 2024; 159 and 161 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | 1,341 | 1,360 |
| Stockholders’ equity | ||
| Common stock, par value of $0.00001 per share; 300,000,000 shares authorized at June 30, 2025 and December 31, 2024; 1,324,560 and 1,316,989 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively | — | — |
| Additional paid-in capital | 292,297 | 291,898 |
| Accumulated deficit | (283,494) | (277,524) |
| Accumulated other comprehensive income | 809 | 97 |
| Total stockholders’ equity | 10,953 | 15,831 |
| Total liabilities and stockholders' equity | $13,691 | $17,132 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.