Gain Therapeutics Inc
For the period ended Mar 31, 2024. Filed May 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.
Mar 31, 2024 · Filed May 14, 2024
GANX$1.08-0.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · Three Months Ended March 31, · | |||||||
| · 2024 · 2023 | |||||||
| Revenues: · · · | |||||||
| Collaboration revenues | | $— | | $55,180 | | ||
| Other income | | — | | — | | ||
| Total revenues | | $— | | $55,180 | | ||
| | | | | | | | |
| Operating expenses: | | | | | | ||
| Research and development | | | (2,506,906) | | | (2,791,205) | |
| General and administrative | | | (1,870,794) | | | (2,493,759) | |
| Total operating expenses | | | (4,377,700) | | | (5,284,964) | |
| | | | | | | | |
| Loss from operations | | $(4,377,700) | | $(5,229,784) | | ||
| | | | | | | | |
| Other income/(expense): | | | | ||||
| Interest income, net | | 115,303 | | 152,035 | | ||
| Foreign exchange gain/(loss), net | | 268,077 | | (42,842) | | ||
| Loss before income tax | | $(3,994,320) | | $(5,120,591) | | ||
| | | | | | | | |
| Income tax | | (19,874) | | (16,728) | | ||
| | | | | | | | |
| Net loss | | $(4,014,194) | | $(5,137,319) | | ||
| | | | | | | | |
| Net loss per shares: | | | | ||||
| Net loss per share attributable to common stockholders - basic and diluted | | $(0.22) | | $(0.43) | | ||
| Weighted average common shares - basic and diluted | | 17,978,951 | | 11,935,081 | | ||
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