Akari Therapeutics Plc
For the period ended Mar 31, 2026. Filed May 19, 2026.
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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.
Mar 31, 2026 · Filed May 19, 2026
AKTX$7.13-6.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(amounts in thousands)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(14,455) | $(3,705) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 305 | 1,015 |
| Accretion of debt issuance costs on convertible notes payable | 10 | — |
| Gain on settlement of current liabilities | (167) | (54) |
| Change in fair value of warrant liabilities | (44) | 54 |
| Impairment loss on other intangible assets | 3,700 | — |
| Impairment loss on goodwill | 8,430 | — |
| Change in fair value of derivative liability | (230) | — |
| Deferred tax benefit | (859) | — |
| Unrealized foreign currency exchange gains | (15) | (27) |
| Change in assets and liabilities: | ||
| Prepaid expenses and other current assets | (94) | 84 |
| Accounts payable, accrued expenses and other current liabilities | 931 | 483 |
| Net cash used in operating activities | (2,488) | (2,150) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from issuance of shares, net of issuance costs | 188 | 1,557 |
| Proceeds from deposits received for share subscriptions | — | 1,090 |
| Repayments of notes payable | (33) | (406) |
| Payments on short-term financing arrangement | (102) | (108) |
| Net cash provided by financing activities | 53 | 2,133 |
| Net change in cash | (2,435) | (17) |
| Cash and restricted cash at beginning of period | 5,263 | 2,659 |
| Cash and restricted cash at end of period | $2,828 | $2,642 |
| Components of cash and restricted cash | ||
| Cash | $2,768 | $2,582 |
| Restricted cash | 60 | 60 |
| Total cash and restricted cash | $2,828 | $2,642 |
| SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES: | ||
| Financing costs in accrued expenses | $— | $315 |
| Financing costs for deposits received from share subscriptions in accounts payable | $— | $140 |
| Issuance of share capital for settlement of related party debt | $— | $1,000 |
| Short-term financing arrangement | $469 | $499 |
| SUPPLEMENTAL CASH FLOW DISCLOSURES: | ||
| Cash paid for interest | $6 | $7 |
| Cash paid for income taxes | $— | $— |
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