BiomX Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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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.
Jun 30, 2024 · Filed Aug 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Research and development (“R&D”) expenses, net | 6,897 | 3,818 | 11,002 | 8,382 |
| General and administrative expenses | 2,828 | 2,255 | 5,508 | 3,899 |
| Operating loss | 9,725 | 6,073 | 16,510 | 12,281 |
| Other income | (2,017) | (90) | (2,105) | (181) |
| Interest expenses | 13 | 745 | 863 | 1,310 |
| Income from change in fair value of Private Placement Warrants | (11,868) | - | (3,858) | - |
| Finance expense (income), net | (329) | (325) | 1,436 | (652) |
| Loss (income) before tax | (4,476) | 6,403 | 12,846 | 12,758 |
| Tax expenses | 5 | 8 | 10 | 14 |
| Net loss (income) | (4,471) | 6,411 | 12,856 | 12,772 |
| Basic loss (earnings) per share of Common Stock | (0.01) | 0.12 | 0.19 | 0.31 |
| Diluted loss per share of Common Stock | 0.07 | 0.12 | 0.19 | 0.31 |
| Weighted average number of shares used in computing basic loss (earnings) per share of Common Stock | 69,809,421 | 51,552,923 | 66,059,510 | 41,860,338 |
| Weighted average number of shares used in computing diluted loss per share of Common Stock | 107,501,932 | 51,552,923 | 66,059,510 | 41,860,338 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE
PREFERRED SHARES AND IN STOCKHOLDERS’ EQUITY (CAPITAL DEFICIENCY)
| RedeemableConvertible Preferred Shares · RedeemableConvertible Preferred Shares · Common Stock · AdditionalPaid-in · Accumulated · TotalStockholders’ Equity(Capital | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Deficit | Deficiency) | |
| Balance as of January 1, 2024 | - | - | - | - | 45,979,930 | 3 | 166,048 | (162,970) | 3,081 |
| Issuance of Common Stock, Merger Warrants and Redeemable Convertible Preferred Shares upon the APT acquisition, net of issuance cost (***) | 40,470 | 12,561 | - | - | 9,164,968 | 1 | 3,227 | - | 3,228 |
| Exercise of Pre-Funded Warrants into shares of Common Stock (**) | - | - | 4,778,265 | * | 5 | - | 5 | ||
| Issuance of Common Stock under At the Market Sales Agreement, net of $1 issuance costs (**) | - | - | 75,179 | * | 19 | - | 19 | ||
| Stock-based compensation expenses | - | - | - | - | 909 | - | 909 | ||
| Issuance of Redeemable Convertible Preferred Shares upon March 2024 PIPE, net of issuance costs (**) | 216,417 | 19,859 | - | - | - | - | 541 | 541 | |
| Net loss | - | - | - | - | (17,327) | (17,327) | |||
| Balance as of March 31, 2024 | 256,887 | 32,420 | - | - | 59,998,342 | 4 | 170,749 | (180,297) | (9,544) |
| Exercise of Pre-Funded Warrants into shares of Common Stock (**) | - | - | 9,808,105 | 1 | - | - | 1 | ||
| Stock-based compensation expenses | - | - | - | 77 | - | 77 | |||
| Reclassification of Redeemable convertible preferred Shares to equity | (256,887) | (32,420) | 256,887 | 32,420 | - | - | - | - | 32,420 |
| Net income | - | - | 4,471 | 4,471 | |||||
| Balance as of June 30, 2024 | - | - | 256,887 | 32,420 | 69,806,447 | 5 | 170,826 | (175,826) | 27,425 |
| (*) | Less than $1. |
|---|---|
| (**) | See Note 10A. |
| (***) | See Note 1D. |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE
PREFERRED SHARES AND IN STOCKHOLDERS’ EQUITY (CAPITAL DEFICIENCY)
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Equity | |
| Balance as of January 1, 2023 | 29,976,582 | 2 | 157,838 | (136,801) | 21,039 |
| Issuance of Common Stock and warrants under February 2023 PIPE, net of $176 issuance costs(**) | 3,199,491 | * | 1,293 | - | 1,293 |
| Stock-based compensation expenses | - | - | 175 | - | 175 |
| Net loss | - | - | - | (6,361) | (6,361) |
| Balance as of March 31, 2023 | 33,176,073 | 2 | 159,306 | (143,162) | 16,146 |
| Issuance of Common Stock and warrants under February 2023 PIPE, net of $157 issuance costs** | 12,797,957 | 1 | 5,858 | 5,859 | |
| Stock-based compensation expenses | - | - | 271 | 271 | |
| Net loss | (6,411) | (6,411) | |||
| Balance as of June 30, 2023 | 45,974,030 | 3 | 165,435 | (149,573) | 15,865 |
| (*) | Less than $1. |
|---|
| (**) | See Note 10A. |
|---|
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