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

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except share and per share amounts)

	Three Months EndedSeptember 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Operating expenses
Research and development	$1,416	$1,093	$3,559	$5,390
General and administrative	1,740	2,747	5,617	8,800
Restructuring costs	—	—	—	968
Total operating expenses	3,156	3,840	9,176	15,158
Loss from operations	(3,156)	(3,840)	(9,176)	(15,158)
Other income (loss), net
Interest income, net	42	146	166	616
Foreign exchange transaction loss, net	(19)	(182)	(87)	(107)
Total other income (loss), net	23	(36)	79	509
Loss before income tax expense	(3,133)	(3,876)	(9,097)	(14,649)
Income tax expense	—	(7)	(6)	(49)
Net loss	$(3,133)	$(3,883)	$(9,103)	$(14,698)
Net loss per common share, basic and diluted	$(2.36)	$(3.39)	$(6.88)	$(13.30)
Weighted-average number of shares used in computing net loss per common share, basic and diluted	1,327,039	1,144,978	1,323,886	1,104,849
Other comprehensive income, net of tax
Currency translation gain	14	468	726	251
Unrealized gain on marketable securities	—	—	—	34
Other comprehensive income, net of tax	14	468	726	285
Total comprehensive loss	$(3,119)	$(3,415)	$(8,377)	$(14,413)

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.