Turn Therapeutics Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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, 2026 · Filed Nov 9, 2026
TTRX$9.92+1.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Operating expenses: | ||||
| General and administrative | $1,379,245 | $1,754,856 | $3,637,573 | $3,434,442 |
| Research and development | 605,197 | 158,699 | 1,189,697 | 230,636 |
| Total operating expenses | 1,984,442 | 1,913,555 | 4,827,270 | 3,665,078 |
| Loss from operations | (1,984,442) | (1,913,555) | (4,827,270) | (3,665,078) |
| Other income (expense): | ||||
| Net loss from change in fair value of derivative liability instrument | (3,343,491) | - | (5,987,498) | - |
| Amortization of deferred offering and financing costs | (640,122) | - | (1,756,520) | - |
| Interest expense | (341,208) | - | (703,502) | - |
| Interest income | 83,973 | 5,111 | 223,057 | 15,408 |
| Other income (expense) | (5,578) | 4,260 | - | 176,520 |
| Total other income (expense) | (4,246,426) | 9,371 | (8,224,463) | 191,928 |
| NET LOSS | $(6,230,868) | $(1,904,184) | $(13,051,733) | $(3,473,150) |
| Basic and diluted net loss per common share | $(0.21) | $(0.07) | $(0.44) | $(0.13) |
| Weighted-average common shares outstanding, basic and diluted | 30,137,336 | 27,975,207 | 29,802,800 | 27,479,246 |
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