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AVENUE THERAPEUTICS, INC.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 31, 2025

ATXI$0.42-50.7%Stored close · as of Mar 18, 2025

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Statements of Cash Flows

(In thousands)

For the Years Ended
December 31, 2024December 31, 2023
Cash flows from operating activities:
Net loss$(11,696)$(10,488)
Reconciliation of net loss to net cash used in operating activities:
Share based compensation1,236906
Loss on common stock warrant liabilities759—
Change in fair value of warrant liability(170)(4,258)
Common shares issuable - Founders Agreement(167)371
Issuance of common stock to Fortress82772
Issuance of common stock for licenses acquired—1,230
Research and development - licenses acquired—3,000
Issuance of subsidiaries’ common shares for license expenses66
Changes in operating assets and liabilities:
Prepaid expenses and other current assets(11)70
Accounts payable and accrued expenses367(662)
Accounts payable and accrued expenses - related party(177)302
Net cash and cash equivalents used in operating activities(9,026)(9,451)
Cash flows from investing activities:
Purchase of research and development licenses—(3,000)
Net cash used in investing activities—(3,000)
Cash flows from financing activities:
Proceeds from ATM sales of common stock, net of issuance costs1,623—
Proceeds from issuance of common stock, warrants, and pre-funded warrants, net of issuance costs—7,525
Proceeds from exercise of warrants9,4211
Warrant exercise transaction costs(1,207)—
Net cash provided by financing activities9,8377,526
Net change in cash and cash equivalents811(4,925)
Cash and cash equivalents, beginning of period1,7836,708
Cash and cash equivalents, end of period$2,594$1,783
Supplement disclosure of non-cash information:
Issuance of common shares - Founders Agreement$827$—
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.