Galecto, Inc.

For the period ended Jun 30, 2025. Filed Aug 5, 2025.

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.

Jun 30, 2025 · Filed Aug 5, 2025

DMRA$24.15+0.3%Stored close · as of Nov 10, 2026

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

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Contents

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(in thousands, except share amounts)

Mezzanine Equity · Stockholders' Equity
Three Months Ended · Preferred Stock · Common Stock · AdditionalPaid-In · Accumulated · Accumulated OtherComprehensive · TotalStockholders’
June 30, 2025 · Shares · Amount · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at March 31, 2025		161			$1,360		1,322,359		$—		$292,106		$(280,057)	$300	$13,709
Stock-based compensation expense		—			—		—		—		172		—	—	172
Conversion of Series A Preferred Stock		(2)			(19)		2,201		—		19		—	—	—
Other comprehensive income, net		—			—		—		—		—		—	509	509
Net loss		—			—		—		—		—		(3,437)	—	(3,437)
Balance at June 30, 2025		159			$1,341		1,324,560		$—		$292,297		$(283,494)	$809	$10,953
Mezzanine Equity · Stockholders' Equity
Three Months Ended	Preferred Stock			Common Stock		AdditionalPaid-In	Accumulated	Accumulated OtherComprehensive		TotalStockholders’
June 30, 2024	Shares		Amount			Shares	Amount	Capital		Deficit		Income (Loss)	Equity
Balance at March 31, 2024		—			$—		1,084,509		$—		$289,395		$(261,562)	$326	$28,159
Stock-based compensation expense		—			—		—		—		891		—	—	891
Issuance of common stock in connection with vesting of restricted stock units		—			—		333		—		5		—	—	5
Other comprehensive loss, net		—			—		—		—		—		—	(129)	(129)
Net loss		—			—		—		—		—		(5,338)	—	(5,338)
Balance at June 30, 2024		—			$—		1,084,842		$—		$290,291		$(266,900)	$197	$23,588

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(in thousands, except share amounts)

Mezzanine Equity · Stockholders' Equity
Six Months Ended · Preferred Stock · Common Stock · AdditionalPaid-In · Accumulated · Accumulated OtherComprehensive · TotalStockholders’
June 30, 2025 · Shares · Amount · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at December 31, 2024		161			$1,360			1,316,989			$—		$291,898			$(277,524)		$97		$15,831
Stock-based compensation expense		—			—			—			—		351			—		—		351
Conversion of Series A Preferred Stock		(2)			(19)			2,201			—		19			—		—		—
Issuance of common stock in connection with vesting of restricted stock units							5,370		—			29			—		—		29
Other comprehensive income, net		—			—			—			—		—			—		712		712
Net loss		—			—			—			—		—			(5,970)		—		(5,970)
Balance at June 30, 2025		159			$1,341			1,324,560			$—		$292,297			$(283,494)		$809		$10,953
Mezzanine Equity · Stockholders' Equity
Six Months Ended	Preferred Stock			Common Stock		AdditionalPaid-In		Accumulated		Accumulated OtherComprehensive		TotalStockholders’
June 30, 2024	Shares		Amount			Shares		Amount		Capital		Deficit		Income (Loss)		Equity
Balance at December 31, 2023		—			$—			1,084,509			$—		$288,036			$(256,085)		$380		$32,331
Stock-based compensation expense		—			—			—			—		2,250			—		—		2,250
Issuance of common stock in connection with vesting of restricted stock units		—			—			333			—		5			—		—		5
Other comprehensive loss, net		—			—			—			—		—			—		(183)		(183)
Net loss		—			—			—			—		—			(10,815)		—		(10,815)
Other comprehensive loss, net		—			$—			1,084,842			$—		$290,291			$(266,900)		$197		$23,588

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.