Grace Therapeutics, Inc.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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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.
Dec 31, 2025 · Filed Feb 12, 2026
GRCE$1.86-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Loss and Comprehensive Loss
| Three months ended | Nine months ended | |||
|---|---|---|---|---|
| December 31, 2025 | December 31, 2024 | December 31, 2025 | December 31, 2024 | |
| (Expressed in thousands, except share and per share data) | ||||
| $ | $ | $ | $ | |
| Operating expenses | ||||
| Research and development expenses, net of government assistance | (462) | (2,194) | (1,985) | (7,877) |
| General and administrative expenses | (1,987) | (1,510) | (6,082) | (5,619) |
| Loss from operating activities | (2,449) | (3,704) | (8,067) | (13,496) |
| Foreign exchange gain (loss) | 4 | (16) | 5 | (11) |
| Change in fair value of derivative warrant liabilities | (40) | (1,178) | 900 | 578 |
| Interest and other income, net | 170 | 138 | 547 | 544 |
| Total other income (loss), net | 134 | (1,056) | 1,452 | 1,111 |
| Loss before income tax recovery | (2,315) | (4,760) | (6,615) | (12,385) |
| Income tax benefit | — | 605 | — | 2,181 |
| Net loss and total comprehensive loss | (2,315) | (4,155) | (6,615) | (10,204) |
| Basic and diluted loss per share | (0.14) | (0.36) | (0.41) | (0.89) |
| Weighted-average number of shares outstanding | 16,933,620 | 11,506,234 | 16,262,111 | 11,506,234 |
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