GLYCOMIMETICS INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
| ITEM 14. | PRINCIPAL ACCOUNTANT FEES AND SERVICES |
|---|
The following table represents aggregate fees billed to the Company for the fiscal years ended December 31, 2024 and 2023 by Ernst & Young LLP, the Company’s principal accountant.
| | | | | | | |
|---|---|---|---|---|---|---|
| · · FISCAL YEAR ENDED DECEMBER 31, | ||||||
| · 2024 · 2023 | ||||||
| · · (in thousands) | ||||||
| Audit fees | | $835 | | $615 | ||
| All other fees | | | — | | | — |
| | | $835 | | $615 | ||
Audit fees for both years include the aggregate fees billed or incurred for professional services rendered in connection with the annual audit of our financial statements, reviews of our quarterly financial statements included in our quarterly reports on Form 10-Q, accounting and financial reporting consultations and services in connection with registration statements and comfort letters.
All the services of Ernst & Young LLP for the years ended December 31, 2024, and 2023 described above were pre-approved by the Audit Committee.
AUDIT COMMITTEE PRE-APPROVAL POLICY
The Audit Committee has adopted a policy and procedures for the pre-approval of audit and non-audit services rendered by the Company’s independent registered public accounting firm, Ernst & Young LLP. The policy generally pre-approves specified services in the defined categories of audit services, audit-related services and tax services up to specified amounts. Pre-approval may also be given as part of the Audit Committee’s approval of the scope of the engagement of the independent auditor or on an individual, explicit, case-by-case basis before the independent auditor is engaged to provide each service. The pre-approval of services may be delegated to the chairperson of the Audit Committee or one or more of the committee’s members, but the decision must be reported to the full Audit Committee at its next scheduled meeting for ratification by the Audit Committee.
The Audit Committee has determined that the rendering of services other than audit services by Ernst & Young LLP is compatible with maintaining the principal accountant’s independence.
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