Elicio Therapeutics Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
ELTX$1.61-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Operating expenses: | ||
| Research and development | $23,849 | $18,103 |
| General and administrative | 11,896 | 5,630 |
| Total operating expenses | 35,745 | 23,733 |
| Loss from operations | (35,745) | (23,733) |
| Other income (expense) | ||
| Change in fair value of warrant liability | (2) | — |
| Change in fair value of embedded derivatives | 429 | (945) |
| Gain on extinguishment of promissory notes payable | 605 | 2 |
| Foreign exchange transaction gain | 204 | — |
| Interest income | 373 | 65 |
| Interest expense | (1,059) | (3,597) |
| Total other income (expense) | 550 | (4,475) |
| Net loss | (35,195) | (28,208) |
| Other comprehensive loss: | ||
| Foreign currency translation adjustment | (197) | — |
| Comprehensive loss | $(35,392) | $(28,208) |
| Net loss per common share, basic and diluted | $(6.96) | $(89.27) |
| Weighted average common shares outstanding, basic and diluted | 5,056,225 | 315,998 |
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