EXOZYMES INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
EXOZ$4.04-5.5%Stored close · as of Nov 10, 2026
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Consolidated Balance Sheets –December 31, 2024 and 2023
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $9,719,310 | $66,533 |
| Grants receivable | 737,282 | 882,319 |
| Prepaid expenses and other current assets | 363,790 | 264,762 |
| Total current assets | 10,820,382 | 1,213,614 |
| Property and equipment, net | 882,445 | 753,376 |
| Operating lease right-of-use asset, net | 1,331,577 | 1,591,519 |
| Total assets | $13,034,404 | $3,558,509 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY(DEFICIT) | ||
| Accounts payable | $924,252 | $702,911 |
| Due to affiliates | 178,966 | 445,128 |
| Operating lease liabilities – Current | 230,027 | 224,988 |
| SAFE Liability | - | 1,000,000 |
| Taxes payable | - | 42,267 |
| Total current liabilities | 1,333,245 | 2,415,294 |
| Deferred grant reimbursement | 123,579 | 140,703 |
| Operating lease liabilities | 1,156,805 | 1,386,831 |
| Total liabilities | $2,613,629 | $3,942,828 |
| Stockholders’ Equity (Deficit): | ||
| Preferred stock, $0.000001 par value, 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively. | - | - |
| Common shares, 100,000,000 authorized shares at $0.000001; 8,367,810 and 6,250,002 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | 8 | 6 |
| Additional Paid-in-capital | 22,366,725 | 5,700,298 |
| Accumulated (deficit) | (11,945,958) | (6,084,623) |
| Total stockholders’ equity (deficit) | 10,420,775 | (384,319) |
| Total liabilities and stockholders’ equity (deficit) | $13,034,404 | $3,558,509 |
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