MoonLake Immunotherapeutics
For the period ended Mar 31, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
MLTX$12.62+9.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes In E
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)
| Class A Ordinary Shares · Class C Ordinary Shares · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total Shareholders' Equity · Noncontrolling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at December 31, 2022 | 38,977,600 | $3,898 | 13,723,511 | $1,373 | $129,192,291 | $(80,650,212) | $350,946 | $48,898,296 | $19,868,402 | $68,766,698 |
| Share-based compensation under the equity incentive plan ESPP, ESOP, EIP and reverse vesting of Restricted Founder Shares | — | — | — | — | 1,875,992 | — | — | 1,875,992 | 701,195 | 2,577,187 |
| Refund of stamp duty fees | — | — | — | — | 3,517 | — | — | 3,517 | 1,406 | 4,923 |
| Net loss for the three months ended March 31, 2023 | — | — | — | — | — | (9,004,856) | — | (9,004,856) | (3,214,131) | (12,218,987) |
| Other comprehensive income | — | — | — | — | — | — | (12,625) | (12,625) | (5,047) | (17,672) |
| Conversion of MoonLake Class C Ordinary Shares into Class A Ordinary Shares | 176,603 | 18 | (176,603) | (18) | 237,049 | — | 1,787 | 238,836 | (238,836) | — |
| Balance at March 31, 2023 | 39,154,203 | $3,916 | 13,546,908 | $1,355 | $131,308,849 | $(89,655,068) | $340,108 | $41,999,160 | $17,112,989 | $59,112,149 |
| Class A Ordinary Shares · Class C Ordinary Shares · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total Shareholders' Equity · Noncontrolling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at December 31, 2023 | 60,466,453 | $6,047 | 2,505,476 | $251 | $609,969,236 | $(116,657,472) | $2,357,621 | $495,675,683 | $17,815,336 | $513,491,019 |
| Share-based compensation under the equity incentive plan ESPP and EIP | — | — | — | — | 1,693,101 | — | — | 1,693,101 | (15,893) | 1,677,208 |
| Net loss for the three months ended March 31, 2024 | — | — | — | — | — | (13,673,656) | — | (13,673,656) | (301,865) | (13,975,521) |
| Other comprehensive loss | — | — | — | — | — | — | 257,949 | 257,949 | 5,554 | 263,503 |
| Conversion of MoonLake Class C Ordinary Shares into Class A Ordinary Shares | 1,493,356 | 149 | (1,493,356) | (149) | 10,536,980 | — | 76,603 | 10,613,583 | (10,613,583) | — |
| Buyback of unvested MoonLake AG Common Shares by MoonLake AG into treasury following an employee contract termination (Note 11) | — | — | — | — | 113,154 | — | 904 | 114,058 | (114,108) | (50) |
| Capital injection from MoonLake to MoonLake AG (Note 11) | — | — | — | — | (4,667,196) | — | 19 | (4,667,177) | 3,057,216 | (1,609,961) |
| Cancellation of MoonLake Class C Ordinary Shares following an employee contract termination in MoonLake AG (Note 11) | — | — | (16,853) | (2) | 2 | — | — | — | — | — |
| Issuance of Class A Ordinary Shares, net of transaction costs (Note 11) | 914,828 | 91 | — | — | 52,540,099 | — | — | 52,540,190 | — | 52,540,190 |
| Balance at March 31, 2024 | 62,874,637 | $6,287 | 995,267 | $100 | $670,185,376 | $(130,331,128) | $2,693,096 | $542,553,731 | $9,832,657 | $552,386,388 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)
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