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X4 Pharmaceuticals, Inc

For the period ended Dec 31, 2024. Filed Mar 26, 2025.

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About 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.

FY2024 · Filed Mar 26, 2025

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 exhibits
Contents

Consolidated Statements of Redeemable Common Stock and Stockholders’ Equity

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In thousands, except share amounts)

Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensive Loss · AccumulatedDeficit · TotalStockholders’ Equity
Shares · Amount
Balance at December 31, 202128,127,657$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 million92,461,9889259,27059,362
Vesting of restricted stock units, less shares withheld and retired to satisfy tax obligations372,831—(13)(13)
Exercise of warrants and prefunded warrants499,87111
Stock-based compensation expense5,1995,199
Issuance of shares of common stock under employee stock purchase plan204,9031202203
Reclassification of warrant liability to equity (Note 13)38,75438,754
Net loss(93,867)(93,867)
Balance at December 31, 2022121,667,250$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 million34,521,0463560,40860,443
Vesting of restricted stock units, less shares withheld and retired to satisfy tax obligations3,510,4912(2)—
Exercise of stock options and warrants7,477,84588,8058,813
Stock-based compensation expense8,6878,687
Issuance of shares of common stock under employee stock purchase plan257,963272272
Net loss(101,167)(101,167)
Balance at December 31, 2023167,434,595$167$528,956$(119)$(477,905)$51,099
Issuance of common stock under employee stock purchase plan635,5421296297
Vesting of restricted stock units2,876,8063(1)2
Stock-based compensation expense8,2048,204
Unrealized losses on marketable securities(3)(3)
Net loss(37,450)(37,450)
Balance at December 31, 2024170,946,943$171$537,455$(122)$(515,355)$22,149
The accompanying notes are an integral part of these consolidated financial statements
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.