Galecto, Inc.

For the period ended Sep 30, 2025. Filed Nov 6, 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.

Sep 30, 2025 · Filed Nov 6, 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’
September 30, 2025 · Shares · Amount · Shares · Amount · Capital · Deficit · Income (Loss) · Equity
Balance at June 30, 2025		159			$1,341		1,324,560		$—		$292,297		$(283,494)	$809	$10,953
Stock-based compensation expense		—			—		—		—		164		—	—	164
Issuance of common stock in connection with vesting of restricted stock units		—			—		2,652		—		9		—	—	9
Other comprehensive income, net		—			—		—		—		—		—	14	14
Net loss		—			—		—		—		—		(3,133)	—	(3,133)
Balance at September 30, 2025		159			$1,341		1,327,212		$—		$292,470		$(286,627)	$823	$8,007
Mezzanine Equity · Stockholders’ Equity
Three Months Ended	Preferred Stock			Common Stock		AdditionalPaid-In	Accumulated	Accumulated OtherComprehensive		TotalStockholders’
September 30, 2024	Shares		Amount			Shares	Amount	Capital		Deficit		Income (Loss)	Equity
Balance at June 30, 2024		—			$—		1,084,840		$—		$290,291		$(266,900)	$197	$23,588
Stock-based compensation expense		—			—		—		—		681		—	—	681
Issuance of common stock in connection with vesting of restricted stock units		—			—		5,945		—		81		—	—	81
Round-up shares from the 1-for-25 reverse split effective August 29, 2024		—			—		163,058		—		—		—	—	—
Other comprehensive income, net		—			—		—		—		—		—	468	468
Net loss		—			—		—		—		—		(3,883)	—	(3,883)
Balance at September 30, 2024		—			$—		1,253,843		$—		$291,053		$(270,783)	$665	$20,935

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(in thousands, except share amounts)

Mezzanine Equity · Stockholders’ Equity
Nine Months Ended · Preferred Stock · Common Stock · AdditionalPaid-In · Accumulated · Accumulated OtherComprehensive · TotalStockholders’
September 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		—			—			—			—		515			—		—		515
Conversion of Series A Preferred Stock		(2)			(19)			2,201			—		19			—		—		—
Issuance of common stock in connection with vesting of restricted stock units							8,022		—			38			—		—		38
Other comprehensive income, net		—			—			—			—		—			—		726		726
Net loss		—			—			—			—		—			(9,103)		—		(9,103)
Balance at September 30, 2025		159			$1,341			1,327,212			$—		$292,470			$(286,627)		$823		$8,007
Mezzanine Equity · Stockholders’ Equity
Nine Months Ended	Preferred Stock			Common Stock		AdditionalPaid-In		Accumulated		Accumulated OtherComprehensive		TotalStockholders’
September 30, 2024	Shares		Amount			Shares		Amount		Capital		Deficit		Income (Loss)		Equity
Balance at December 31, 2023		—			$—			1,084,507			$—		$288,036			$(256,085)		$380		$32,331
Stock-based compensation expense		—			—			—			—		2,931			—		—		2,931
Issuance of common stock in connection with vesting of restricted stock units		—			—			6,278			—		86			—		—		86
Round-up shares from the 1-for-25 reverse split effective August 29, 2024		—			—			163,058			—		—			—		—		—
Other comprehensive income, net		—			—			—			—		—			—		285		285
Net loss		—			—			—			—		—			(14,698)		—		(14,698)
Balance at September 30, 2024		—			$—			1,253,843			$—		$291,053			$(270,783)		$665		$20,935

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.