AN2 Therapeutics, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 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 12, 2025
ANTX$4.33+8.3%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
AN2 THER APEUTICS, INC.
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except share amounts)
| Common Stock · AdditionalPaid-In · Accumulated Other Comprehensive · Accumulated · TotalStockholders’ | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Gain (Loss) | Deficit | Equity | |
| Balances at December 31, 2024 | 29,919,634 | $— | $287,594 | $31 | $(205,776) | $81,849 |
| Issuance of common stock under the ESPP | 42,797 | — | 38 | — | — | 38 |
| Issuance of common stock upon exercise of stock options | 63,124 | — | 27 | — | — | 27 |
| Issuance of common stock upon release of restricted stock units | 115,962 | — | — | — | — | — |
| Stock-based compensation | — | — | 2,047 | — | — | 2,047 |
| Unrealized gain on available-for-sale investments | — | — | — | 17 | — | 17 |
| Net loss | — | — | — | — | (10,649) | (10,649) |
| Balances at March 31, 2025 | 30,141,517 | — | 289,706 | 48 | (216,425) | 73,329 |
| Issuance of common stock upon release of restricted stock units | 34,944 | — | — | — | — | — |
| Stock-based compensation | — | — | 1,998 | — | — | 1,998 |
| Unrealized loss on available-for-sale investments | — | — | — | (23) | — | (23) |
| Issuance of pre-funded warrants in exchange for common stock | (2,800,000) | — | — | — | — | — |
| Net loss | — | — | — | — | (6,462) | (6,462) |
| Balances at June 30, 2025 | 27,376,461 | — | 291,704 | 25 | (222,887) | 68,842 |
| Issuance of common stock under the ESPP | 44,248 | — | 48 | — | — | 48 |
| Issuance of common stock upon release of restricted stock units | 102,445 | — | — | — | — | — |
| Stock-based compensation | — | — | 801 | — | — | 801 |
| Unrealized gain on available-for-sale investments | — | — | — | 39 | — | 39 |
| Issuance of pre-funded warrants in exchange for common stock | (152,000) | — | — | — | — | — |
| Net loss | — | — | — | — | (9,353) | (9,353) |
| Balances at September 30, 2025 | 27,371,154 | $— | $292,553 | $64 | $(232,240) | $60,377 |
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY (continued)
(in thousands, except share amounts)
| Common Stock · AdditionalPaid-In · Accumulated Other Comprehensive · Accumulated · TotalStockholders’ | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Gain (Loss) | Deficit | Equity | |
| Balances at December 31, 2023 | 29,741,445 | $— | $278,881 | $275 | $(154,455) | $124,701 |
| Issuance of common stock under the ESPP | 45,288 | — | 124 | — | — | 124 |
| Issuance of common stock upon exercise of stock options | 28,930 | — | 225 | — | — | 225 |
| Vesting of early exercised stock options | — | — | 1 | — | — | 1 |
| Stock-based compensation | — | — | 2,385 | — | — | 2,385 |
| Unrealized loss on available-for-sale investments | — | — | — | (222) | — | (222) |
| Net loss | — | — | — | — | (16,617) | (16,617) |
| Balances at March 31, 2024 | 29,815,663 | — | 281,616 | 53 | (171,072) | 110,597 |
| Vesting of early exercised stock options | — | — | 1 | — | — | 1 |
| Issuance of common stock upon release of restricted stock units | 13,377 | — | — | — | — | — |
| Stock-based compensation | — | — | 2,271 | — | — | 2,271 |
| Unrealized loss on available-for-sale investments | — | — | — | (80) | — | (80) |
| Net loss | — | — | — | — | (14,435) | (14,435) |
| Balances at June 30, 2024 | 29,829,040 | — | 283,888 | (27) | (185,507) | 98,354 |
| Issuance of common stock under the ESPP | 25,412 | — | 23 | — | — | 23 |
| Vesting of early exercised stock options | — | — | 1 | — | — | 1 |
| Issuance of common stock upon release of restricted stock units | 14,131 | — | — | — | — | — |
| Stock-based compensation | — | — | 1,902 | — | — | 1,902 |
| Unrealized gain on available-for-sale investments | — | — | — | 139 | — | 139 |
| Net loss | — | — | — | — | (12,747) | (12,747) |
| Balances at September 30, 2024 | 29,868,583 | $— | $285,814 | $112 | $(198,254) | $87,672 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.