Lexeo Therapeutics, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout 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.
Sep 30, 2025 · Filed Nov 5, 2025
LXEO$3.06-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Stockholders’ Equity (unaudited)
Condensed Statements of Stockholders’ Equity
(Unaudited, in thousands, except share amounts)
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Additional · Other · Total | |||||||
| Common Stock · Treasury · Paid-in · Comprehensive · Accumulated · Stockholders' | |||||||
| Shares | Amount | Stock | Capital | Income (Loss) | Deficit | Equity | |
| Balances at December 31, 2024 | 33,071,261 | $3 | $(17) | $397,132 | $(103) | $(280,173) | $116,842 |
| Issuance of common stock upon vesting and settlement of restricted stock units | 52,446 | - | - | - | - | - | - |
| Issuance of common stock under 2023 ESPP | 65,342 | - | - | 170 | - | - | 170 |
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 2,816 | - | - | 13 | - | - | 13 |
| Unrealized comprehensive gain on investments in U.S. Treasury securities | - | - | - | - | 49 | - | 49 |
| Stock-based compensation expense | - | - | - | 3,697 | - | - | 3,697 |
| Net loss | - | - | - | - | - | (32,656) | (32,656) |
| Balances at March 31, 2025 | 33,191,865 | $3 | $(17) | $401,012 | $(54) | $(312,829) | $88,115 |
| Issuance of common stock upon vesting and settlement of restricted stock units | 14,097 | - | - | - | - | - | - |
| Issuance of common stock, pre-funded warrants and warrants to purchase common stock upon May 2025 Private Placement Offering, net of commissions and offering costs of $6,917 | 20,790,120 | 2 | - | 73,080 | - | - | 73,082 |
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 2,410 | - | - | 12 | - | - | 12 |
| Unrealized comprehensive gain on investments in U.S. Treasury securities | - | - | - | - | 41 | - | 41 |
| Stock-based compensation expense | - | - | - | 3,071 | - | - | 3,071 |
| Net loss | - | - | - | - | - | (26,103) | (26,103) |
| Balances at June 30, 2025 | 53,998,492 | $5 | $(17) | $477,175 | $(13) | $(338,932) | $138,218 |
| Exercise of stock options | 9,000 | - | - | 34 | - | - | 34 |
| Issuance of common stock upon vesting and settlement of restricted stock units | 20,466 | - | - | - | - | - | - |
| Issuance of common stock upon exercise of pre-funded warrants | 867,302 | - | - | - | - | - | - |
| Issuance of common stock under 2023 ESPP | 37,495 | - | - | 101 | - | - | 101 |
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 1,520 | - | - | 8 | - | - | 8 |
| Unrealized comprehensive gain on investments in U.S. Treasury securities | - | - | - | - | 102 | - | 102 |
| Stock-based compensation expense | - | - | - | 2,651 | - | - | 2,651 |
| Net loss | - | - | - | - | - | (20,283) | (20,283) |
| Balances at September 30, 2025 | 54,934,275 | $5 | $(17) | $479,969 | $89 | $(359,215) | $120,831 |
Condensed Statements of Stockholders’ Equity
(Unaudited, in thousands, except share amounts)
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Total | |||||||||
| Common Stock · Treasury · Paid-in · Comprehensive · Accumulated · Stockholders' | |||||||||
| Shares · Amount · Stock · Capital · Income (Loss) · Deficit · Equity | |||||||||
| Balances at December 31, 2023 | 26,646,378 | $3 | $ | - | $295,372 | $ | - | $(181,840) | $113,535 |
| Exercise of stock options | 942 | - | - | 10 | - | - | 10 | ||
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 1,916 | - | - | 3 | - | - | 3 | ||
| Issuance of common stock upon March 2024 Private Placement Offering, net of commissions and offering costs of $6,246 | 6,278,905 | - | - | 88,753 | - | - | 88,753 | ||
| Stock-based compensation expense | - | - | - | 2,331 | - | - | 2,331 | ||
| Net loss | - | - | - | - | - | (21,682) | (21,682) | ||
| Balances at March 31, 2024 | 32,928,141 | $3 | $ | - | $386,469 | $ | - | $(203,522) | $182,950 |
| Exercise of stock options | 108,912 | - | - | 419 | - | - | 419 | ||
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 5,849 | - | - | 26 | - | - | 26 | ||
| Additional offering costs incurred related to issuance of common stock upon private placement offering | - | - | - | (42) | - | - | (42) | ||
| Treasury stock repurchase | (2,991) | - | (13) | - | - | - | (13) | ||
| Stock-based compensation expense | - | - | - | 2,846 | - | - | 2,846 | ||
| Net loss | - | - | - | - | - | (21,238) | (21,238) | ||
| Balances at June 30, 2024 | 33,039,911 | $3 | $(13) | $389,718 | $ | - | $(224,760) | $164,948 | |
| Exercise of stock options | 15,792 | - | - | 39 | - | - | 39 | ||
| Amounts reclassified from deposit liabilities upon the vesting of early-exercised stock options previously subject to repurchase | 2,744 | - | - | 14 | - | - | 14 | ||
| Additional issuance costs incurred related to issuance of convertible SAFE Note | - | - | - | 24 | - | - | 24 | ||
| Stock-based compensation expense | - | - | - | 3,790 | - | - | 3,790 | ||
| Net loss | - | - | - | - | - | (29,489) | (29,489) | ||
| Balances at September 30, 2024 | 33,058,447 | $3 | $(13) | $393,585 | $ | - | $(254,249) | $139,326 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.