X4 Pharmaceuticals Inc
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 21, 2024
XFOR$3.25-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Redeemable Common Stock and Stockholders’ Equity
(In thousands, except share amounts)
| RedeemableCommon Stock · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome (Loss) · AccumulatedDeficit · TotalStockholders' Equity | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||||
| Balance at December 31, 2020 | — | — | 16,305,731 | $16 | $267,077 | $(119) | $(194,175) | $72,799 | |||||||
| Issuance of common stock, redeemable common stock, and pre-funded warrants for the purchase of common stock, net of issuance costs of $4.4 million | 229,885 | 1,875 | 9,435,951 | 10 | 73,858 | 73,868 | |||||||||
| Issuance of common stock under employee stock purchase plan | 45,816 | 219 | 219 | ||||||||||||
| Exercise of stock options | 5,860 | 40 | 40 | ||||||||||||
| Exercise of pre-funded warrants | 2,129,768 | 2 | 2 | ||||||||||||
| Vesting of restricted stock units | 204,531 | — | |||||||||||||
| Repurchase and retirement of redeemable common stock | (229,885) | (1,875) | — | ||||||||||||
| Stock-based compensation | 6,180 | 6,180 | |||||||||||||
| Net loss | (88,696) | (88,696) | |||||||||||||
| Balance at December 31, 2021 | — | — | 28,127,657 | $28 | $347,374 | $(119) | $(282,871) | $64,412 | |||||||
| Issuance of common stock, warrants and prefunded warrants for the purchase of common stock, net of issuance costs of $4.7 million | 92,461,988 | 92 | 59,270 | 59,362 | |||||||||||
| Vesting of restricted stock units, less shares withheld and retired to satisfy tax obligations | 372,831 | — | (13) | (13) | |||||||||||
| Exercise of warrants and prefunded warrants | 499,871 | 1 | 1 | ||||||||||||
| Stock-based compensation expense | 5,199 | 5,199 | |||||||||||||
| Issuance of shares of common stock under employee stock purchase plan | 204,903 | 1 | 202 | 203 | |||||||||||
| Reclassification of warrant liability to equity (Note 10) | 38,754 | 38,754 | |||||||||||||
| Net loss | (93,867) | (93,867) | |||||||||||||
| Balance at December 31, 2022 | — | — | 121,667,250 | $122 | $450,786 | $(119) | $(376,738) | $74,051 | |||||||
| Issuance of common stock, warrants and prefunded warrants for the purchase of common stock, net of issuance costs of $4.6 million | 34,521,046 | 35 | 60,408 | 60,443 | |||||||||||
| Vesting of restricted stock units, less shares withheld and retired to satisfy tax obligations | 3,510,491 | 2 | (2) | — | |||||||||||
| Exercise of stock options and warrants | 7,477,845 | 8 | 8,805 | 8,813 | |||||||||||
| Stock-based compensation expense | 8,687 | 8,687 | |||||||||||||
| Issuance of shares of common stock under employee stock purchase plan | 257,963 | 272 | 272 | ||||||||||||
| Net loss | (101,167) | (101,167) | |||||||||||||
| Balance at December 31, 2023 | — | — | 167,434,595 | $167 | $528,956 | $(119) | $(477,905) | $51,099 | |||||||
| The accompanying notes are an integral part of these consolidated financial statements | |||||||||||||||
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