Gain Therapeutics Inc
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 14, 2024
GANX$1.08-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statement of Stockholders’ Equity (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Common Stock · · APIC · AOCI · · Accumulated · · Total | ||||||||||||
| Nine Months Ended September 30, 2024 · · Shares · Amounts · · · Deficit · | ||||||||||||
| Balance as of December 31, 2023 | | 16,206,680 | $1,621 | $73,113,079 | $247,241 | $(60,783,717) | $12,578,224 | |||||
| Stock-based compensation (Note 14) | | 61,794 | | 5 | | 1,930,344 | | — | | — | | 1,930,349 |
| Exercise of stock options (Note 14) | | 15,983 | | 2 | | 57,709 | | — | | — | | 57,711 |
| Exercise of warrants (Note 13) | | 1,797,380 | | 180 | | 113,621 | | — | | — | | 113,801 |
| Issuance of shares in at-the-market (ATM) offering (Note 13) | | 426,786 | | 42 | | 615,473 | | — | | — | | 615,515 |
| Issuance of shares and warrants in public offering (Note 13) | | 7,453,623 | | 746 | | 10,260,431 | | — | | — | | 10,261,177 |
| Defined benefit pension plan (Note 10) | | | | — | | — | | 3,477 | | — | | 3,477 |
| Foreign currency translation | | | | — | | — | | (12,882) | | — | | (12,882) |
| Net unrealized gain on available for sale securities (Note 4) | | | | — | | — | | 4,974 | | — | | 4,974 |
| Net loss | | | | — | | — | | — | | (16,642,964) | | (16,642,964) |
| Balance as of September 30, 2024 | | 25,962,246 | 2,596 | 86,090,657 | 242,810 | (77,426,681) | 8,909,382 | |||||
| | | | | | | | | | | | | |
| | | Common Stock | | APIC | AOCI | | Accumulated | | Total | |||
| Three Months Ended September 30, 2024 | | Shares | Amounts | | | Deficit | | |||||
| Balance as of June 30, 2024 | | 25,172,573 | $2,518 | $84,710,747 | $12,462 | $(72,940,989) | $11,784,738 | |||||
| Stock-based compensation (Note 14) | | 25,811 | | 2 | | 352,015 | | — | | — | | 352,017 |
| Exercise of stock options (Note 14) | | | | — | | — | | — | | — | | — |
| Exercise of warrants (Note 13) | | | | — | | — | | — | | — | | — |
| Issuance of shares in at-the-market (ATM) offering (Note 13) | | 426,786 | | 42 | | 615,473 | | — | | — | | 615,515 |
| Issuance of shares and warrants in public offering (Note 13) | | 337,076 | | 34 | | 412,422 | | — | | — | | 412,456 |
| Defined benefit pension plan (Note 10) | | | | — | | — | | 1,301 | | — | | 1,301 |
| Foreign currency translation | | | | — | | — | | 229,047 | | — | | 229,047 |
| Net unrealized gain on available for sale securities (Note 4) | | | | — | | — | | — | | — | | — |
| Net loss | | | | — | | — | | — | | (4,485,692) | | (4,485,692) |
| Balance as of September 30, 2024 | | 25,962,246 | 2,596 | 86,090,657 | 242,810 | (77,426,681) | 8,909,382 | |||||
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Common Stock · · APIC · · AOCI · · Accumulated · · Total | ||||||||||||
| Nine Months Ended September 30, 2023 · Shares · Amounts · · · Deficit · | ||||||||||||
| Balance as of December 31, 2022 | | 11,883,368 | $1,189 | $57,358,895 | $35,627 | $(38,516,197) | $18,879,514 | |||||
| Stock-based compensation | | 159,362 | | 15 | | 2,792,523 | | — | | — | | 2,792,538 |
| Issuance of shares in at-the-market (ATM) offering | | 740,131 | | 74 | | 3,147,159 | | — | | — | | 3,147,233 |
| Defined benefit pension plan | | | | — | | — | | (2,012) | | — | | (2,012) |
| Foreign currency translation | | | | — | | — | | (14,995) | | — | | (14,995) |
| Net unrealized gain on available for sale securities | | | | — | | — | | 72,040 | | — | | 72,040 |
| Net loss | | | | — | | — | | — | | (17,543,551) | | (17,543,551) |
| Balance as of September 30, 2023 | | 12,782,861 | | 1,278 | | 63,298,577 | | 90,660 | | (56,059,748) | | 7,330,767 |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | Common Stock | | APIC | | AOCI | | Accumulated | | Total | ||
| Three Months Ended September 30, 2023 | Shares | Amounts | | | Deficit | | ||||||
| Balance as of June 30, 2023 | | 12,632,327 | $1,263 | $62,298,733 | $134,323 | $(51,341,485) | $11,092,834 | |||||
| Stock-based compensation | | 91,962 | | 9 | | 842,815 | | — | | — | | 842,824 |
| Issuance of shares in at-the-market (ATM) offering | | 58,572 | | 6 | | 157,029 | | — | | — | | 157,035 |
| Defined benefit pension plan | | | | — | | — | | (642) | | — | | (642) |
| Foreign currency translation | | | | — | | — | | (73,046) | | — | | (73,046) |
| Net unrealized loss on available for sale securities | | | — | | — | | 30,025 | | — | | 30,025 | |
| Net loss | | | — | | — | | — | | (4,718,263) | | (4,718,263) | |
| Balance as of September 30, 2023 | | 12,782,861 | | 1,278 | | 63,298,577 | | 90,660 | | (56,059,748) | | 7,330,767 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.