GENELUX Corp

For the period ended Dec 31, 2024. Filed Mar 28, 2025.

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 28, 2025

GNLX$1.95-5.8%Stored close · as of Nov 10, 2026

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Contents

Balance Sheets at December 31, 2024 and 2023

Balance Sheets

(In thousands, except for share amounts and par value data)

	December 31,
	2024	2023
ASSETS
Current Assets
Cash and cash equivalents	$8,565	$9,418
Short-term investments	22,330	13,773
Prepaid expenses and other current assets	653	1,012
Total Current Assets	31,548	24,203
Property and equipment, net	1,316	1,170
Right of use assets	1,760	2,428
Other assets	92	92
Total Other Assets	3,168	3,690
TOTAL ASSETS	$34,716	$27,893
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable and accrued expenses	$5,570	$3,784
Accrued payroll and payroll taxes	1,004	2,117
Lease liabilities, current portion	329	653
Total Current Liabilities	6,903	6,554
Lease liabilities, long-term portion	1,539	1,866
Total Liabilities	8,442	8,420
Commitments and Contingencies	-
Shareholders’ Equity
Preferred stock, par value $0.001, 10,000,000 shares authorized; no shares issued and outstanding, respectively;	-	-
Common stock, par value $0.001, 200,000,000 shares authorized; 34,728,140 and 26,788,986 shares issued and outstanding	35	27
Treasury stock, 433,333 shares, at cost	(433)	(433)
Additional paid-in capital	278,001	241,389
Accumulated other comprehensive income	64	14
Accumulated deficit	(251,393)	(221,524)
Total Shareholders’ Equity	26,274	19,473
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$34,716	$27,893

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.