Sagimet Biosciences 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
SGMT$10.89+0.6%Stored close · as of Nov 10, 2026
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Condensed Statements of Operations and Comprehensive Loss
(in thousands, except for share and per share amounts)
| · · · · · · · · · · · · | ||||||||
|---|---|---|---|---|---|---|---|---|
| · Three Months Ended June 30, · · Six Months Ended June 30, | ||||||||
| · · 2024 · 2023 · 2024 · 2023 | ||||||||
| Operating expenses: · · · · · · · · · · · · | ||||||||
| Research and development | | $6,313 | | $4,676 | | $11,575 | | $9,163 |
| General and administrative | | 4,276 | | 2,381 | | 7,782 | | 4,659 |
| Total operating expenses | | 10,589 | | 7,057 | | 19,357 | | 13,822 |
| Loss from operations | | (10,589) | | (7,057) | | (19,357) | | (13,822) |
| Interest income and other | | 2,471 | | 272 | | 4,610 | | 450 |
| Net loss | | $(8,118) | | $(6,785) | | $(14,747) | | $(13,372) |
| Other comprehensive income (loss): | | | | | ||||
| Net unrealized income (loss) on marketable securities | | (30) | | 13 | | (53) | | 84 |
| Comprehensive loss | | $(8,148) | | $(6,772) | | $(14,800) | | $(13,288) |
| Net loss per share, basic and diluted | | $(0.25) | | $(35.80) | | $(0.48) | | $(71.39) |
| Weighted-average shares outstanding, basic and diluted | | 31,913,887 | | 189,520 | | 30,476,657 | | 187,314 |
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